TEVJF - Carillon Chartwell Short Duration High Yield Fund Q1 2025 Commentary
2025-05-29 08:18:00 ET
Summary
- The Carillon Chartwell Short Duration High Yield Fund seeks to provide consistent returns and diversification.
- Telecommunications and utilities were the Fund’s best-performing sectors, while the automotive and retail sectors lagged.
- Market participants are adjusting to massive policy changes that accompanied the new administration to Washington.
Market Overview
The economy is slowing
Cracks have started to form in the U.S. economy. While hard data points such as gross domestic product (GDP) and payroll numbers have remained resilient, they are backward-looking. The soft data points (i.e., survey results), have weakened significantly, particularly around the consumer. The longer that uncertainty around tariffs and fiscal spending persists, the more the economy is likely to slow....
Carillon Chartwell Short Duration High Yield Fund Q1 2025 Commentary