1 The Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. The Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Lipper Fund Award. For more information, see lipperfundawards.com. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper. Lipper Fund Awards from Refinitiv, ©2019 Refinitiv. All rights reserved. Used under license.
2 Data source: Morningstar Direct. Based on asset class returns from 1/1/09 to 12/31/18.
3 Based on correlations to U.S. Treasuries from January 2001 to December 2018: -0.17 for High-Yield Bonds and -0.35 for Floating Rate Loans. Treasuries are represented by the Barclays U.S. Treasury 7-10 Year Index. You may not invest directly in an index. Correlation is a statistical measure of how two securities move in relation to each other. This measure ranges from -1 to +1, where 1 indicates perfect negative correlation and +1 indicates perfect positive correlation.
Past performance does not guarantee future results.