General Info
About: To maintain a portfolio of securities providing a fixed yield and offering an opportunity for capital gains. The principal investments are privately placed, below-investment grade, long-term corporate debt obligations with equity features such as warrants, conversion rights and occasionally, preferred shares. It typically purchases these investments, which are not publicly tradable, directly from their issuers. It may also temporarily invest in marketable investment grade debt securities.
Tags: Asset Management Financial Services
Website: http://www.massmutual.com