Carillon Reams Core Plus Bond Fund

  • Overview

    Overview

    Scout Investments, Inc. is the sub-adviser to the Carillon Reams Core Plus Bond Fund and an affiliate of Carillon Tower Advisers, Inc. the Investment Adviser.

    The Carillon Reams Core Plus Bond Fund normally pursues its objective of seeking a high level of total return consistent with the preservation of capital by investing in bonds of varying maturities, including mortgage- and asset-backed securities. The Fund primarily invests in investment grade bonds1.

    Investment Process

    The Fund’s investment process combines active duration management with bottom-up security selection, focusing on undervalued sectors of the fixed income market while structuring the Fund so that the overall portfolio has an average portfolio duration2 of between one to four years. Duration strategy is based on a model in which current inflation-adjusted interest rates are evaluated relative to historical norms. Bottom-up security selection is based on a scenario analysis to identify which bonds might perform best under possible interest rate and credit scenarios. The investment team then compares investment opportunities and the portfolio is assembled from the best values.

    A Word about Risk

    The return of principal in a fixed income fund is not guaranteed. Fixed income funds have the same interest rate, inflation, issuer, maturity and credit risks that are associated with underlying fixed income securities owned by the Fund. Mortgage- and Asset-Backed Securities are subject to prepayment risk and the risk of default on the underlying mortgages or other assets. High yield securities involve greater risk than investment grade securities and tend to be more sensitive to economic conditions and credit risk. Foreign investments present additional risks due to currency fluctuations, economic and political factors, government regulations, differences in accounting standards and other factors. Investments in emerging markets involve even greater risks.

    Derivatives such as options, futures contracts, currency forwards or swap agreements may involve greater risks than if the Fund invested in the referenced obligation directly. Derivatives are subject to risks such as market risk, liquidity risk, interest rate risk, credit risk and management risk. Derivative investments could lose more than the principal amount invested. The Fund may use derivatives for hedging purposes or as part of its investment strategy. The use of leverage and derivatives investments could accelerate losses to the Fund. These losses could exceed the amount originally invested.

    The Fund may, at times, experience higher-than-average portfolio turnover, which may generate significant taxable gains and increased trading expenses, which, in turn, may lower the Fund's return.

    (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

    Core Bond Fund Investment Team

    Mark Egan

    Mark Egan, CFA

    Managing Director, Lead Portfolio Manager

    30 years of industry experience

    Thomas Fink

    Thomas Fink, CFA

    Managing Director, Co-Portfolio Manager

    30 years of industry experience

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    Clark Holland, CFA

    Co-Portfolio Manager

    23 years of industry experience

    Todd Thompson

    Todd Thompson, CFA

    Co-Portfolio Manager

    23 years of industry experience

    Stephen Vincent

    Stephen Vincent, CFA

    Co-Portfolio Manager

    26 years of industry experience

  • Price & Performance

    Please Select
  • 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