October 5, 2017

World Income Funds Lead the Gains in the Fixed Income Sector

by Patrick Keon


Fixed income funds continued to prosper in Q3 2017, with the group posting a positive return of 1.11% on average. This solid performance was uniform across the fixed income asset classes; all five fund macro-groups were in the black for the quarter, paced by World Income Funds (+2.32%). The positive performance was so consistent that, of 47 Thomson Reuters Lipper fixed income peer groups, only two did not record a gain for Q3.

Third Quarter Highlights:

  • World Income Funds (+2.32%) outperformed all other macro-groups, led by Emerging Markets Local Currency Debt Funds (+3.27%).
  • General Domestic Taxable Fixed Income Funds gained 1.34% as riskier assets continued to reap the benefits of narrowing credit spreads.
  • Municipal debt funds appreciated 0.85% on average, paced by High Yield Muni Debt Funds (+1.61%) and New Jersey Muni Debt Funds (+1.10%).
  • Investment-grade corporate debt funds returned 0.75%, driven by the Corporate Debt Funds BBB-Rated (+1.25%) and Corporate Debt Funds A-Rated (+0.98%) peer groups.
  • Government/Treasury funds returned 0.55% as the yield curve flattened for a third straight quarter.

Click here or the Download Full Report link in the upper right hand column of this page to download the Third Quarter 2017 FundMarket Insight Report: World Income Funds Lead the Gains in the Fixed Income Sector.

Find out more about Thomson Reuters Lipper, the global leader in independent fund performance data.


Get In Touch


Related Reports

Given that we have witnessed many headlines concerning passive investing and the ...

Earlier this week we saw how quickly markets can escalate a viewpoint and create a ...

Occasionally, the global mutual fund industry produces a fund manager whose name becomes ...

The all-important holiday season for U.S. retailers mimicked Goldilocks – not too hot, ...