Carillon Reams Unconstrained Bond Fund

  • Overview

    Overview

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

    The Carillon Reams Unconstrained Bond Fund pursues its objective of maximizing total return consistent with the preservation of capital by investing its assets in fixed-income obligations of varying maturities, including bonds, mortgage- and asset-backed securities, and derivatives. The Fund also may invest in high yield securities, non-investment-grade securities, derivative instruments (e.g. swap agreements), securities denominated in foreign currencies, and in U.S. dollar-denominated securities of foreign issuers.

    Investment Process

    The Fund seeks to maximize total return by systematically pursuing relative value opportunities in all sectors of the fixed-income market. The firm’s disciplined investment philosophy and process are used to identify and evaluate relative value opportunities, and the “best ideas” are selected for use. Derivative instruments, such as futures, options and credit default swaps, may be used to gain exposure and manage risk. Given its strategy, the Fund is not managed against a benchmark.

    A Word about Risk

    The Fund employs an unconstrained investment approach, which creates considerable exposure to certain types of securities that present significant volatility in the Fund’s performance, particularly over short periods of time. 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. Foreign investments present additional risks due to currency fluctuations, economic and political factors, government regulations, differences in accounting standards and other factors. 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. 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, derivatives and short sales 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.

    Key Facts

  • Investment Team

    Unconstrained 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