Carillon Reams Core Plus Bond Fund Q4 2025 Commentary

Raymond James Investment Management27 FollowersFollow5ShareSavePlay(11min)CommentsSummaryThe Fund reports total net assets of $2.04 billion with a portfolio containing 313 holdings.The government shutdown disrupted the release of key economic data, creating challenges for both investors and the U.S. Federal Reserve.Three consecutive 25-bp rate cuts by the Fed at the end of 2025 pushed short-term yields lower, bringing down the front end of the curve.Sector allocation contributed to performance during the quarter with all spread sectors generating performance relative to the benchmark.Current market valuations provide limited compensation for what we view as significant risks embedded in an overly optimistic narrative. MadamLead/iStock via Getty Images Market Overview Government shutdown creates fog As the fourth quarter began, the government shutdown disrupted the release of key economic data, creating challenges for both investors and the U.S. Federal Reserve. This lack of visibility contributed to the “fog” referenced byThis article was written byRaymond James Investment Management27 FollowersFollowRaymond James Investment Management is a global asset-management company that combines the exceptional insight and agility of individual investment teams with the strength and stability of a full-service firm. They believe providing a lineup of institutional-class portfolio managers is the best way to help investors seek their long-term financial goals. Note: This account is not managed or monitored by Raymond James Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Raymond James Investment Management's official channels.