Wellesley Asset Management Named to PSN Top Guns List of Best Performing Strategies for Q3 2022

December 19, 2022

Quarterly PSN Top Guns List published by Zephyr identifies best-in-class separate accounts, managed accounts, and managed ETF strategies

Wellesley, MA — December 19, 2022— Wellesley Asset Management announced today it has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q3 2022. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers.

“With the growing interest in separately managed accounts, the PSN Top Guns List has attracted greater attention,” says Margaret Tobiasen, SVP of Data Distribution who cites PSN’s pioneering efforts as the first SMA database as the reason for the list’s popularity. “Wellesley Asset Management has done remarkable work and we are pleased to include them as a top performer.”

Through a combination PSN’s proprietary performance screens, the PSN Top Guns List ranks products in six proprietary categories in over 75 universes based on continued performance over time.

Wellesley’s Convertible Bond SMA strategy was named a Top Gun award winner, indicating it had one of the top ten returns over the last one-year period in its respective category. The firm’s exclusive focus on the convertible bond asset class is a distinct advantage. Wellesley’s investment approach of owning high-quality, short duration convertible bonds at or near par value can provide enhanced downside protection and favorable risk/reward outcomes for clients.

“We are extremely honored to be recognized as a top performer. The environment is very favorable for our strategy as investors look for ways to capture positive returns in the face of uncertain markets”, says Michael Miller, President and Chief Investment Officer.

The complete list of PSN Top Guns and an overview of the methodology can be located at https://psn.fi.informais.com/. Registration is required.

About Wellesley Asset Management:
Wellesley Asset Management is a boutique alternative fixed income manager specializing in convertible bonds. Founded in 1991, Wellesley has over $2.5 Billion AUM and serves institutions, RIA’s, and other intermediary partners. The firm delivers its products through a suite of mutual funds, SMA’s, and private fund. For more information, please visit www.wam.com.

Past performance is not indicative of future returns.
Investments in convertible securities are subject to the risks associated with both fixed-income securities and common stocks. All fixed-income securities are subject to two types or risk: credit risk and interest rate risk. Lower rated fixed-income securities are subject to greater risk of loss of income and principal than higher-rated securities. When the general level of interest rates goes up, the prices of most fixed-income securities go down. When the general level of interest rates goes down, the prices of most fixed income securities go up. In general, stock and other equity security values fluctuate, and sometimes widely fluctuate, in response to activities specific to the company as well as general market, economic and political conditions.

Disclosures Regarding Rankings, Honors and Recognitions Awarded to Wellesley Asset Management, Inc. and its Executives:
Honors and recognitions by unaffiliated rating services, companies, and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Wellesley Asset Management, Inc. is engaged, or continues to be engaged, to provide investment advisory services; nor should they be construed as a current or past endorsement of Wellesley Asset Management, Inc. or its representatives by any of its clients. Rankings published by magazines and others are generally based exclusively on information prepared and/or submitted by the recognized advisor. Moreover, with regard to all performance information contained herein, directly or indirectly, if any, users should note that past results are not indicative of future results.

For more information:
Wellesley Asset Management, Inc.
Jay Russo – jrusso@wam.com

About PSN
For nearly four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr’s PSN to effectively reach institutional and retail investors rely. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of nearly 40 Years of Data Including Net and Gross-of-Fee Returns. For more details on the methodology behind the PSN Top Guns Rankings or to purchase PSN Top Guns Reports, contact Margaret Tobiasen at Margaret.tobiasen@informa.com. Visit PSN online to learn more.