During the period of record-low interest rates in 20, the investment team did not fall into the trap of reaching for yield but stayed true to our focus on generating attractive risk-adjusted returns.ģ. In our view, the investment team’s ability to move quickly to capitalize on new investment opportunities has also been a key differentiator to generate alpha for our clients. The Fund’s strong results have been driven by our disciplined and repeatable investment process - a process which utilizes a relative-value based framework to evaluate new investment opportunities. What has contributed to the Fund’s outperformance since inception? Our team’s demonstrated ability to balance high conviction ideas against prudent risk management and diversification has the potential to create long-term value for investors.Ģ. Our seasoned portfolio management team - with more than 75 years of combined experience - consists of managers with depth, breadth and experience to create a collaborative investment culture focused on uncovering and delivering value for our clients.

The Fund’s flexibility to invest anywhere along the yield curve and across the spectrum of fixed-income sectors enables our investment team to take advantage of, what we believe to be, the most attractive fixed-income investment opportunities. What’s compelling about PMUBX? Why should investors consider investing in PMUBX? Our disciplined, value-based approach helped to preserve capital during a period when many fixed-income managers struggled to keep pace.ġ. The Fund was launched in July 2018 and has successfully delivered consistent, value-added results for investors during a period of elevated interest rate volatility, including a record-setting bond market selloff in 2022.

PMAM is pleased to announce that the Penn Mutual AM Strategic Income Fund (PMUBX) recently celebrated its 5-year anniversary, achieving this milestone track record among other accolades.

Penn mutual assets under management