Pzena Focused Credit Opportunities Q3 2025 Commentary

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Pzena Investment Management’s investment philosophy is simple: it seeks to buy good businesses at low prices. Pzena focuses exclusively on companies that are underperforming their historically demonstrated earnings power, performing fundamental, bottom-up research on these companies in an effort to determine whether the problems that caused the earnings shortfall are temporary or permanent.
Note: This account is not managed or monitored by Pzena Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Pzena’s official channels.

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