Carillon Eagle Investment Grade Bond Fund

  • Overview

    Overview

    Eagle Asset Management, Inc. is the sub-adviser to the Carillon Eagle Investment Grade Bond Fund and an affiliate of Carillon Tower Advisers, Inc. the Investment Adviser.

    The fund seeks to provide high-quality current income consistent with preservation of capital.

    Investment Process

    Bonds can offer investors the convenience of a steady income stream with the stability of capital preservation. The Eagle fund's portfolio managers strive to deliver stable monthly income by focusing on individual securities that we believe offer returns similar to longer-duration bonds with considerably less risk.

    At least 80 percent of the fund's portfolio will be investment-grade credits (rated BBB- or higher 1). Targeted securities include U.S. Treasury and government agency bonds, corporate bonds, mortgage-backed and asset-backed securities. The average portfolio duration of the fund is expected to range from two to seven years based upon economic and market conditions.2

    The portfolio may include a limited percentage of foreign bonds; generally, these will be U.S. dollar-denominated index-eligible issues.

    A Word About Risk

    Investing in bonds involves risks that may adversely affect the value of your investment such as inflation risk, credit risk, call risk, interest rate risk and liquidity risk, among others.

    There are risks associated with fixed income investing, even though many investors consider bonds to be “risk free” investment vehicles. Historically, bonds have indeed provided less volatility and less risk of loss of capital than has equity investing. However, there are many factors which may affect the risk and return profile of a fixed income portfolio. The two most prominent factors are interest rate movements and the credit worthiness of the bond issuer. Bonds issued by the U.S. government have significantly less risk of default than those issued by corporations and municipalities. However, the overall return on government bonds tends to be less than these other types of fixed income securities. Investors should pay careful attention to the types of fixed income securities which comprise their portfolios and remember that, as with all investments, there is the risk of loss of capital.

    Sovereign debt instruments are subject to the risk that a governmental entity may delay or refuse to pay interest or repay principal on its sovereign debt. A Real Estate Mortgage Investment Conduit (REMIC) is a type of multiclass mortgage-related security in which interest and principal payments from mortgages are structured into separately traded securities. These classes are distinguished by their sensitivity to the prepayment risk of the underlying mortgage-related collateral. Therefore, they may be more or less sensitive to prepayment risk, bear different interest rates, and have various average lives and final maturities.

    (1) Credit quality. Credit quality is a measure of creditworthiness of the issuing organization that reflects the likelihood that it will be able to pay its debt (credit risk). Investment grade refers to securities rated [BBB-] or better by Standard & Poor’s Rating Services or an equivalent rating by at least one other nationally recognized statistical rating organization or, for unrated securities, those that are determined to be of equivalent quality by the fund’s portfolio managers.

    (2) Duration. Duration is the most commonly used measure of risk in bond investing. Duration incorporates a bond’s yield, coupon, final maturity and call features into one number, expressed in years, that indicates how price-sensitive a bond or portfolio is to changes in interest rates. Bonds with higher durations carry more risk and have higher price volatility than bonds with lower durations.

    Key Facts

  • Investment Team

    Investment Grade Bond Fund Investment Team

    James Camp

    James C. Camp, CFA

    Managing Director, Portfolio Manager

    28 Years of Industry Experience

    20 Years With Company

    Joseph Jackson

    Joseph Jackson, CFA

    Portfolio co-Manager & Senior Credit Analyst

    18 Years of Industry Experience

    13 Years With Company

    Burton Mulford

    Burton Mulford, CFA

    Fixed Income Trader

    31 Years of Industry Experience

    18 Years With Company

    Sheila King

    Sheila L. King, CFA

    Fixed Income Research Analyst

    30 Years of Industry Experience

    30 Years With Company

    Rubin Bahar

    Rubin Bahar, CFA

    Senior Research Analyst

    29 Years Of Industry Experience

    6 Years With Company

    Christina Ashmore

    Christina Ashmore

    Senior Research Analyst

    13 Years Of Industry Experience

    2 Years With Company

    John Lagowski

    John Lagowski, CFA

    Research Analyst

    10 Years Of Industry Experience

    2 Years With Company

    Tom Knapp

    Tom Knapp, CFA

    Research Analyst

    10 Years Of Industry Experience

    10 Years With Company

    Steven Chylinski

    Steven Chylinski, CFA

    Senior Fixed Income Trader

    17 Years Of Industry Experience

    17 Years With Company

    K. Dean Vrakas

    K. Dean Vrakas

    Senior Fixed Income Trader

    13 Years Of Industry Experience

    12 Years With Company

    Jason Follert

    Jason Follert, CFA

    Asset Management Trader

    13 Years Of Industry Experience

    12 Years With Company

  • Price & Performance

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  • Holdings

    Top 20 Holdings

    Top 10 Industries

  • Literature

    Documents available for download


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Please consider the investment objectives, risks, charges, and expenses of any fund carefully before investing. Contact Carillon Fund Services at 1.800.421.4184 or your financial advisor for a prospectus, which contains this and other important information about the funds. Read the prospectus carefully before you invest or send money.

Not FDIC insured. No bank guarantee. May lose value.

Carillon mutual funds may be offered only to persons in the United States and its territories, and by way of a prospectus. This web site should not be considered a solicitation or offering of any Carillon mutual fund to investors residing outside the United States or its territories.

Carillon Fund Distributors, Inc., Member FINRA. 880 Carillon Parkway, St. Petersburg, FL 33716