Solid Start to 2023 as Pace of Fed Rate Hikes Slow and Flows Turn Positive
Favorable Supply/Demand Backdrop Provides Strong Start for Municipals in 2023
The portfolio underperformed the Russell 2500 Growth Index in Q4 2022, where relative gains in some sectors were offset by relative declines in several others.
The portfolio underperformed the Russell MidCap® Growth Index in Q4, where the collective drag of several challenged sectors offset outperformance in other areas.
Chautauqua's growth funds ended the year with a strong fourth quarter. Health care stocks led the way as our funds delivered solid Q4 returns.
2022 Taxable Bond Market Review