Peritus is a value-based manager focused on the fixed income marketplace. Through active credit selection and a disciplined investment process, our goal is to deliver tangible yield and the potential for price appreciation in our portfolios, largely via the high yield bond market. Peritus seeks to offer our clients intelligent investment management with integrity.

Peritus manages an actively managed, high yield exchange traded fund, the Peritus High Yield ETF (NYSE Ticker: HYLD). For further information on the HYLD, we encourage you to visit the HYLD website. Peritus also offers separately managed accounts for large institutional clients and has previously managed collateralized bond and loan obligations.

Peritus Blog Peritus in the News
  • The Default Outlook  April 6, 2014

    On April 1st, TXU/Energy Future Holdings skipped their interest payment due that day, immediately triggering a default by some reporting mechanisms. While the company has a 30 day grace period to pay the coupon payment, most expect them to use …

  • Avoiding Complacency  April 3, 2014

    According to Lipper, $3.4 billion has gone into U.S. high yield mutual funds and exchange trade funds in Q1 2014, well above last year’s first quarter inflows of $1.76 billion.1  We have seen a very stable new issue market over …

  • A Revised Timeline for a Rate Increases, Should We Be Worried?  March 21, 2014

    Earlier this week we heard the results of the latest Fed meeting.  To little surprise, they continued with the “tapering” of $10 billion a month.  However, the clarity Yellen offered as to likely finishing up the latest round of quantitative …

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  • Tim Gramatovich will be a guest on CNBC’s Closing Bell with Kelly Evans and Bill Griffeth on Monday, April 21st live from the NYSE at 3pm ET.

  • Tim Gramatovich of Peritus was quoted in the article, “Trillion-Dollar Firms Dominating Bonds Prompting Probes,” by Lisa Abramowicz of Bloomberg, April 14, 2014.

  • Peritus’ writing “The Default Outlook” was featured on ETF Trends, April 12, 2014.

  • Peritus’ writing “Avoiding Complacency” was featured on Seeking Alpha, April 5, 2014.

  • Tim Gramatovich will be a guest on Fox Business’ “After the Bell,” Tuesday, March 25, 2014 at 4pm ET.

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