Many fixed income asset classes can deliver consistent income and competitive returns, but only one type of fixed income sector may help deliver ballast for investors’ portfolios—investment-grade debt. At OppenheimerFunds, we manage our investment-grade portfolios so they’ll serve as a ballast by seeking to hold their value under stressed market conditions. In an effort to achieve this, we use a short-term investment horizon, source risk from multiple sectors and employ extensive risk management.
Investments in mutual funds are subject to market risk and volatility. Shares my gain or lose value. Fixed income investing entails credit and interest rate risks. When interest rates rise, bond prices generally fall, and a fund’s share prices can fall.