Most fixed-income funds are managed relative to traditional benchmark and therefore are exposed primarily to risks linked to bond duration. Matt Eagan, co-portfolio manager of the Loomis Sayles Strategic Alpha Fund, describes his approach to investing in fixed-income securities that offer different risk-return profiles and a lesser degree of correlation
Historically, dividends are responsible for at least one-third of the total return of the S&P 500 Index. It is hardly surprising as companies with a history of growing dividends adhere to a philosophy of operating under a constraint, which leads to better capital allocation in the long run. Art Barry
