Research Process

The cornerstone of our investment process is our proprietary research and Default Risk Ranking (DRR). We actively follow over 400 companies and provide twice-daily pricing on 1,200 securities. Analysts prepare initial write-ups, quarterly earnings comments and as-needed updates for all companies followed including a detailed company analysis, fully integrated financial model with 3 year forward projections, DRR and investment recommendation. Our unique forward-looking DRRs assess a company's probability of default over 2 and 5-year time horizons and are critical to our investment selection and portfolio construction process.