High-yield strategies once again top the list of outperforming fixed-income managers during the first three months of 2017.
High-yield bond strategies took top honors for the year, while small-cap stocks outperformed large-cap and value-oriented strategies.
The latest Pensions & Investments special report focuses on the best performers in Morningstar Inc.'s separate account/collective investment trust universe. In equities, small-cap strategies lead the way. For fixed income, long-duration strategies continue their domination.
Real estate overthrows large-cap equities as top-performing strategy, while falling rates put long-duration strategies on top.
Large-cap value ends growth strategies domination in latest quarter; intermediate-term bonds continue to top the list.
Shorter duration bond strategies take top honors for year; holdings of popular stocks give long-term growth funds nice push for year.
Growth equity and long-duration bond strategies remain top performers.
Long-duration strategies tops fixed income for the year while REITS take spotlight for the quarter in equities.
In equities, energy dominates, while in fixed income, long-duration strategies make headway.
In fixed income high-yield continues to dominate, but in equities small-caps starts to fade as energy climbs.
Small-cap stocks and high-yield debt remain at the top another quarter.
In fixed income, ultrashort claims top 2 spots, but high yield maintains domination. Meanwhile in equities, small-cap growth strategies continue to expand reach in top 10.
In equities, small caps dominated, and in bonds high yield again took top honors.