The U.S. bond market posted its best return since 2020 as lower US Treasury yields, tighter corporate and MBS spreads pushed the U.S. Aggregate to a total return of 7.30% in 2025. In particular, MBS ...
The Fund returned 2.47% and the Bloomberg U.S. Aggregate Bond Index returned 2.03%. Our overweight allocation to spread risk contributed to relative performance, while our positioning on the yield ...
Reevaluating passive bond allocations – which have historically underperformed active strategies – may open the door to improved investment outcomes. Active management costs more – typically about 35 ...