Short Duration: Stability in a Volatile Bond Market

Hypothetical Growth of $100K (07/01/2016 – 03/31/2019)

Source: Morningstar

Illustration reflects the reinvestment of dividends.

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ADDITIONAL INSIGHTS

Short Credit Has Weathered the Flatter Curve Quite Well

Short duration fixed-income securities have outperformed other types of bonds even as the Treasury curve has flattened amid a continued rise in short- and long-term interest rates.