Janus High-Yield Fund
Third Avenue Focused Credit Fund Liquidated: Concerns for Others?
On December 10, 2015, Third Avenue Management announced that redemptions were barred from the Third Avenue Focused Credit Fund (TFCVX) (TFCIX).
Assessing Liquidity Risk in the Corporate Bond Market
Liquidity risk has fallen from levels seen during the financial crisis of 2008. Since 2011, liquidity risk in the corporate bond market has decreased.