KDP provides clients with access to its web-based, fixed income research service KDP Advisor, providing fundamental credit analysis and proprietary Default Risk Rankings and recommendations on below-investment-grade companies.
Forward-Looking Proprietary Default Risk Rankings (DRR)
The cornerstone of KDP's research process, and a more effective gauge of credit risk than similar metrics offered by competing services, DRRs assess a company's probability of default and credit quality.
Access to KDP Analysts
For the most up-to-date credit and industry analysis, each KDP Asset Management client has full telephone and email access to the research team.
Real-time Updates and Assessments
The core research product consists of written "Comments", analyzing significant corporate developments, as well as in-depth analyses published in the form of "Credit Critiques, Updates, and Credit Views." The latter includes historical and projected financial data, capitalization analysis, business summaries and segment analysis.
Relative Value Analysis
To help uncover actionable investment opportunities and swap candidates, investors can screen and sort using 17 key metrics including KDP Default Risk Ranking, Recommendation, Price, Yield, Leverage Ratio and Coverage Ratio.
Company Credit Profiles
One-stop quick access to summary financial, liquidity and capitalization information, comparative ratio analysis, links to KDP research going back to 1997, and links to the issuer's home page and SEC documents via EDGAR.
Twice daily commentary on the major debt and equity markets, providing timely assessment of market conditions and events.
Daily Email Notices
Provides users with an easy way to keep abreast of the high-yield market and KDP research.
High Yield Calendar
Continually-updated listing of high yield new issues, price talk, and deal timing. Contains links to new issue reports including "New Issue Summaries" which are published on selected higher-profile companies that are not otherwise part of KDP's research service.