In Defense of Defensive Fixed Income

Portfolio Diagnostics Report

In Defense of Defensive Fixed Income

Avoiding the “High Yield Headache”

Interest rate markets are proven to be very difficult to predict, and as such, fixed income allocations ought to be treated similarly to other aspects of your asset allocation: with diversification. In our latest article, the Portfolio Construction and Strategy Team team makes the case for intermediate-term traditional bonds as a portion of a diversified fixed income asset allocation.


Portfolio Spectrum Performance (9/2008 - 3/2009)

In Defense of Defensive Fixed Income | Janus Henderson

Source: Janus Henderson Analytics, Morningstar. S&P 500 Index, Agg = Bloomberg Barclays U.S. Aggregate Bond Index, High Yield = ICE BofA Merrill Lynch U.S. High Yield Index.


Portfolio Spectrum Performance, Calendar Year 2015

In Defense of Defensive Fixed Income | Janus Henderson

Source: Janus Henderson Analytics, Morningstar. S&P 500Index, Agg = Bloomberg Barclays U.S. Aggregate Bond Index, HIgh Yield = ICE BofA ML U.S. High Yield Index.