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.