The document discusses a high-yield (HY) portfolio allocation strategy that outperformed in its initial live performance period, achieving a 1.1% outperformance of spread-per-turn top-80th percentile. The report includes a table comparing total return performance of top-80th vs bottom-20th percentile baskets and introduces sector spread-per-turn readings. The analysis excludes financials, real estate, and energy sectors and sets criteria for leverage and spreads. The document is sourced from Deutsche Bank.
doj/DataSet10/EFTA01385942.pdf
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