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Waddell & Reed
News & Commentary
We think the Fed will be cautious with rate comments to avoid again causing market volatility. That may mean a bond market that tries to anticipate Fed moves and interest rates that stay in the lower end of a 2.5 to 3.5% range.
In August, Matt Hekman was named portfolio manager of the Waddell & Reed Advisors Continental Income Fund, taking over management duties from Cynthia Prince-Fox, who joined the Asset Strategy team. Learn more about Matt’s experience and the Fund’s current strategy.
The high-yield fixed income market suffered a bout of the summertime blues, potentially giving investors a few points to consider about their high-yield strategies.
Ivy Energy Fund - USA Today Reprint
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