We believe the long-term fundamentals of the senior loan market remain strong.
We expect solid growth, low inflation, higher rates, and an aggressive Bank of Japan in 2019.
Combining investment-grade bonds and senior loans may improve investor outcomes.
Senior loans are designed to handle a variety of conditions.
The fund seeks to offer a historically low-volatility investment with an attractive risk/reward profile.
Intermediate-term munis may offer extra income without the risks of longer-term bonds.
Our investment-grade portfolios seek to hold their value under stressed market conditions.
Lower taxes, major market events, have not historically impacted the appeal of muni bond funds.
Floating rate coupons help make senior loans an attractive investment when interest rates rise.