| Top 10 | 1-year return | 3-year return | 5-year return | Expense ratio* | Portfolio net assets ($M)** |
|---|---|---|---|---|---|
| River Canyon Total Return Bond Fund;Institutional (RCTIX) | 5.00% | 5.31% | N/A | 0.72% | $26.30 |
| Anfield Universal Fixed Income Fund;I (AFLIX) | 3.71% | 3.57% | 3.06% | 1.27% | $199.30 |
| Miller Intermediate Bond Fund;I (MIFIX) | 3.41% | 5.33% | N/A | 1.05% | $125.20 |
| Ladder Select Bond Fund;Institutional (LSBIX) | 2.68% | N/A | N/A | 0.95% | $13.40 |
| Osterweis Total Return Fund (OSTRX) | 1.81% | N/A | N/A | 0.76% | $99.20 |
| Bramshill Income Performance Fund;Inst (BRMSX) | 1.80% | N/A | N/A | 1.45% | $232.90 |
| American Beacon Garcia Hamilton Qual Bd Fund;Inst (GHQIX) | 1.48% | N/A | N/A | 0.45% | $227.30 |
| Putnam Income Fund;A (PINCX) | 1.17% | 2.47% | 2.60% | 0.88% | $626.70 |
| Highland Fixed Income Fund;A (HFBAX) | 0.43% | 3.03% | 2.64% | 1.01% | $97.40 |
| Diamond Hill Core Bond Fund;Y (DHRYX) | -0.03% | N/A | N/A | 0.35% | $36.80 |
| Bottom 5 | |||||
| DoubleLine Long Duration Total Return Bond Fund;I (DBLDX) | -3.59% | 0.43% | N/A | 0.65% | $59.30 |
| Virtus Seix Total Return Bond Fund;I (SAMFX) | -2.46% | 0.89% | 1.85% | 0.46% | $435.70 |
| Dreyfus Intermediate Term Income Fund;A (DRITX) | -2.28% | 0.77% | 1.44% | 0.93% | $373.40 |
| North Country Intermediate Bond Fund (NCBDX) | -2.21% | 0.39% | 0.96% | 0.89% | $73.70 |
| Vanguard Intermediate-Term Bond Index Fund;Inv (VBIIX) | -2.10% | 1.10% | 2.32% | 0.15% | $1,120.00 |
| Classification total/average | -1.23% | 1.45% | 2.04% | 0.72% | $833,425.70 |
| Bloomberg Barclays U.S. Aggregate Bond TR | -1.22% | 1.31% | 2.16% |
| Top 10 | 1-year return | 3-year return | 5-year return | Expense ratio* | Portfolio net assets ($M)** |
|---|---|---|---|---|---|
| Oppenheimer Rochester AMT-Free Municipal Fund;A (OPTAX) | 7.09% | 6.47% | 7.30% | 1.03% | $1,163.40 |
| BlackRock Allocation Target Shares Series E (BATEX) | 3.82% | 6.08% | N/A | 0.08% | $178.70 |
| Nuveen Strategic Municipal Opportunities Fund;I (NSIOX) | 3.60% | 4.54% | N/A | 0.63% | $104.70 |
| Clearwater Tax-Exempt Bond Fund (QWVQX) | 2.98% | 4.73% | 6.41% | 0.66% | $537.60 |
| BNY Mellon Municipal Opportunities Fund;M (MOTMX) | 2.95% | 3.64% | 4.72% | 0.73% | $1,428.20 |
| Sit Tax-Free Income Fund (SNTIX) | 2.73% | 3.66% | 5.49% | 0.90% | $219.10 |
| SEI Tax-Advantaged Income Fund;F (SEATX) | 2.38% | 4.87% | 5.75% | 1.09% | $1,163.60 |
| Navigator Duration Neutral Bond Fund;I (NDNIX) | 2.23% | 2.59% | 2.13% | 1.35% | $59.30 |
| PIMCO Municipal Bond Fund;Institutional (PFMIX) | 2.05% | 3.78% | 4.72% | 0.48% | $206.50 |
| Wells Fargo CoreBuilder Shares - Srs M (WFCMX) | 1.99% | 3.21% | 4.99% | 0.00% | $634.80 |
| Bottom 5 | |||||
| Saratoga Municipal Bond Portfolio;I (SMBPX) | -2.37% | -0.33% | 0.24% | 3.74% | $0.60 |
| Manning & Napier Diversified Tax Exempt Series (EXDVX) | -1.13% | 0.40% | 0.83% | 0.58% | $272.40 |
| Neuberger Berman Municipal Impact Fund;Inst (NMIIX) | -1.10% | 1.09% | 2.37% | 0.43% | $54.30 |
| Madison Tax-Free National Fund;Y (GTFHX) | -1.00% | 1.17% | 2.57% | 0.75% | $23.80 |
| First Investors Tax Exempt Opportunities Fund;A (EIITX) | -1.00% | 1.21% | 3.33% | 1.00% | $265.20 |
| Classification total/average | 0.56% | 2.28% | 3.66% | 0.89% | $147,656.60 |
| Bloomberg Barclays Municipal Bond TR | 0.35% | 2.24% | 3.54% |
| Top 10 | 1-year return | 3-year return | 5-year return | Expense ratio* | Portfolio net assets ($M)** |
|---|---|---|---|---|---|
| Victory High Yield Fund;A (GUHYX) | 6.39% | 8.79% | 5.41% | 1.00% | $22.90 |
| Ivy ProShares Interest Rate Hedged High Yld Idx;I (IIIRX) | 5.48% | N/A | N/A | 0.65% | $36.10 |
| Catalyst/SMH High Income Fund;A (HIIFX) | 5.45% | 13.69% | -0.95% | 1.47% | $14.60 |
| Diamond Hill High Yield Fund;Y (DHHYX) | 5.43% | N/A | N/A | 0.55% | $29.60 |
| Fidelity Advisor High Income Advantage Fund;M (FAHYX) | 5.07% | 8.80% | 6.57% | 1.01% | $355.50 |
| Morgan Stanley Inst High Yield Portfolio;I (MSYIX) | 5.01% | 7.68% | 6.00% | 0.65% | $91.40 |
| Western Asset Short Duration High Income Fund;A (SHIAX) | 4.97% | 5.75% | 3.00% | 1.00% | $264.20 |
| Virtus Newfleet Credit Opportunities Fund;R6 (VRCOX) | 4.97% | 4.95% | N/A | 1.11% | $86.10 |
| Nuveen Symphony Credit Opportunities Fund;I (NCOIX) | 4.92% | 8.02% | 4.84% | 0.74% | $587.00 |
| Artisan High Income Fund;Advisor (APDFX) | 4.84% | 8.85% | N/A | 0.82% | $1,941.10 |
| Bottom 5 | |||||
| Robinson Opportunistic Income Fd;A (RBNAX) | -1.04% | N/A | N/A | 3.56% | $3.80 |
| CMG Tactical Bond;I (CHYOX) | -0.96% | 1.98% | N/A | 1.76% | $10.10 |
| AB High Income Fund;A (AGDAX) | -0.61% | 6.67% | 4.69% | 0.82% | $1,420.40 |
| Toews Tactical Income Fund (THHYX) | -0.56% | 4.22% | 3.72% | 1.61% | $559.20 |
| Tortoise Select Income Bond Fund;Institutional (TBNIX) | -0.54% | N/A | N/A | 0.50% | $1.20 |
| Classification total/average | 2.24% | 6.41% | 4.31% | 1.04% | $238,604.80 |
| Bloomberg Barclays US High Yield 2% Issuer Cap TR | 3.05% | 8.14% | 5.54% |
| Top 10 | 1-year return | 3-year return | 5-year return | Expense ratio* | Portfolio net assets ($M)** |
|---|---|---|---|---|---|
| Lord Abbett Inflation Focused Fund;I (LIFIX) | 3.32% | 3.36% | 0.39% | 0.50% | $686.60 |
| Eaton Vance Short Duration Inflation-Pro Inc;I (EIRRX) | 2.21% | 2.92% | 1.47% | 0.59% | $305.50 |
| Invesco Strategic Real Return Fund;A (SRRAX) | 2.02% | 3.80% | N/A | 0.82% | $21.10 |
| DFA Short-Duration Real Return Portfolio;Instl (DFAIX) | 1.61% | 2.27% | N/A | 0.24% | $1,377.00 |
| Federated Real Return Bond Fund;Class A (RRFAX) | 1.49% | 2.29% | 0.84% | 0.75% | $23.80 |
| Franklin Real Return Fund;A (FRRAX) | 1.12% | 2.59% | 0.26% | 0.93% | $134.50 |
| Wells Fargo Real Return Fund;Adm (IPBIX) | 1.05% | 3.06% | 1.91% | 0.60% | $18.40 |
| DFA LTIP Portfolio;Institutional (DRXIX) | 0.93% | 4.67% | 3.18% | 0.15% | $183.00 |
| PIMCO Fixed Income SHares Series R (FXIRX) | 0.90% | 3.01% | 1.59% | 0.62% | $139.90 |
| iShares Short-Term TIPS Bond Index;Inst (BIIPX) | 0.88% | N/A | N/A | 0.11% | $1.30 |
| Bottom 5 | |||||
| HC Inflation Protected Securities Portfolio;HC Adv (HCPAX) | -0.49% | 1.58% | N/A | 0.41% | $0.10 |
| MFS Inflation-Adjusted Bond Fund;A (MIAAX) | -0.40% | 1.31% | 0.58% | 0.80% | $45.40 |
| American Funds Inflation Linked Bond Fund;A (BFIAX) | -0.35% | 1.77% | 1.47% | 0.73% | $645.70 |
| Hartford Inflation Plus Fund;A (HIPAX) | -0.24% | 1.56% | 0.48% | 0.86% | $178.80 |
| Dreyfus Inflation Adjusted Securities Fund;I (DIASX) | -0.11% | 1.21% | 0.66% | 0.51% | $22.00 |
| Classification total/average | 0.48% | 1.97% | 0.76% | 0.76% | $116,757.60 |
| Bloomberg Barclays U.S. TIPS TR | 0.41% | 2.04% | 1.37% |
| Top 10 | 1-year return | 3-year return | 5-year return | Expense ratio* | Portfolio net assets ($M)** |
|---|---|---|---|---|---|
| AlphaCentric Income Opportunities Fund;I (IOFIX) | 6.30% | 10.21% | N/A | 1.52% | $1,988.60 |
| Semper MBS Total Return Fund;Inst (SEMMX) | 5.27% | 4.71% | 6.43% | 0.85% | $1,636.20 |
| Deer Park Total Return Credit Fund;I (DPFNX) | 4.70% | N/A | N/A | 2.01% | $626.50 |
| Credit Suisse Strategic Income Fund;I (CSOIX) | 4.06% | 7.42% | 6.18% | 1.24% | $165.80 |
| Osterweis Strategic Income Fund (OSTIX) | 3.69% | 5.83% | 4.28% | 0.88% | $6,181.20 |
| Angel Oak Multi-Strategy Income Fund;A (ANGLX) | 3.68% | 4.02% | 4.40% | 1.37% | $612.80 |
| Voya Strategic Income Opportunities Fund;I (IISIX) | 3.43% | 4.81% | 4.67% | 0.66% | $365.70 |
| Opportunistic Income Fund;A (ENIAX) | 3.39% | 3.53% | 2.97% | 0.52% | $1,789.70 |
| Angel Oak Flexible Income Fund;Institutional (ANFIX) | 3.35% | 2.30% | N/A | 0.87% | $110.40 |
| Lord Abbett Bond-Debenture Fund;A (LBNDX) | 2.82% | 7.11% | 5.66% | 0.80% | $4,701.50 |
| Bottom 5 | |||||
| Toews Unconstrained Income Fund (TUIFX) | -3.11% | 1.85% | 1.87% | 1.52% | $71.10 |
| GuideMark Opportunistic Fixed Income Fund;Svc (GMIFX) | -2.57% | 2.04% | 1.03% | 1.56% | $55.30 |
| Horizon Active Income Fund;Investor (AIMNX) | -1.88% | 0.27% | 0.41% | 1.47% | $270.30 |
| John Hancock Strategic Income Opportunities Fd;NAV () | -1.81% | 2.95% | 3.36% | 0.66% | $1,713.70 |
| Oppenheimer Global Strategic Income Fund;A (OPSIX) | -1.49% | 2.96% | 2.26% | 0.99% | $2,704.10 |
| Classification total/average | 0.63% | 4.10% | 3.30% | 1.05% | $263,101.20 |
| Bloomberg Barclays U.S. Aggregate Bond TR | -1.22% | 1.31% | 2.16% |
| Top 10 | 1-year return | 3-year return | 5-year return | Expense ratio* | Portfolio net assets ($M)** |
|---|---|---|---|---|---|
| Catalyst Floating Rate Income Fund;I (CFRIX) | 7.25% | 4.91% | 3.74% | 1.18% | $30.00 |
| Fidelity Series Floating Rate High Income Fund (FFHCX) | 5.82% | 5.26% | 3.88% | 0.01% | $455.40 |
| Ziegler Floating Rate Fund;A (ZFLAX) | 5.37% | N/A | N/A | 1.00% | $8.20 |
| Victory Floating Rate Fund;Y (RSFYX) | 5.36% | 5.90% | 3.70% | 0.78% | $289.00 |
| Eaton Vance Floating-Rate Fund;Institutional (EIBLX) | 5.34% | 5.72% | 3.98% | 0.79% | $7,219.20 |
| Columbia Floating Rate Fund;A (RFRAX) | 5.21% | 5.18% | 3.89% | 1.04% | $384.30 |
| Pacific Funds Floating Rate Income;I (PLFRX) | 5.18% | 5.50% | 3.99% | 0.72% | $471.50 |
| Lord Abbett Floating Rate Fund;F (LFRFX) | 5.16% | 5.43% | 4.13% | 0.69% | $6,551.30 |
| Oppenheimer Senior Floating Rate Plus;A (OSFAX) | 5.09% | 5.36% | 3.94% | 1.61% | $30.30 |
| Natixis Loomis Sayles Senior Float Rt & Fxd Inc;Y (LSFYX) | 5.08% | 5.58% | 4.62% | 0.80% | $3,224.90 |
| Bottom 5 | |||||
| Palmer Square Income Plus Fund (PSYPX) | 2.71% | 3.09% | N/A | 0.78% | $525.50 |
| DWS Floating Rate Fund;C (DFRCX) | 2.76% | 1.14% | 0.70% | 1.80% | $84.10 |
| Dunham Floating Rate Bond Fund;A (DAFRX) | 3.45% | 3.65% | N/A | 1.30% | $19.30 |
| Neuberger Berman Floating Rate Income Fund;A (NFIAX) | 3.74% | 3.70% | 2.94% | 1.09% | $20.20 |
| Hartford Floating Rate Fund;C (HFLCX) | 3.78% | 4.49% | 2.78% | 1.74% | $921.20 |
| Classification total/average | 4.40% | 4.60% | 3.38% | 1.09% | $137,695.00 |
| S&P/LSTA Leveraged Loan TR | 5.18% | 5.30% | 4.12% |
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
