It’s no secret that fixed income has had a rough year due to market concerns over rising rates, inflation, and recession risk.
A strategy that focuses on short duration high yield debt issued by both public and private companies may provide rate risk and inflation protection and relatively attractive yield with less overall volatility than equities.
The commentary is the opinion of the subadviser. This material has been prepared using sources of information generally believed to be reliable; however, its accuracy is not guaranteed. Opinions represented are subject to change and should not be considered investment advice or an offer of securities.
All investments carry a certain degree of risk, including possible loss of principal.
Past performance is not indicative of future results.