INVESTMENT INSIGHTS Building better fixed income portfolios
Building better fixed income portfolios 1 2016 NOT FDIC INSURED NO BANK GUARANTEE MAY LOSE VALUE ... • Hedging against possible losses if bond rates rise ... (1-6) Municipal Bond Index, Barclays U.S. 1-15 Blend (1-17) Municipal Bond Index, Barclays Municipal High Yield Index. Data as of 12/31/15. This chart is for illustrative purposes only. ................
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