Carillon Chartwell Mid Cap Value Fund’s Q4 2023 Investor Letter

Chartwell Investment Partners, LLC, an affiliate of Carillon Tower Advisers, Inc., released the “Carillon Chartwell Mid Cap Value Fund” fourth quarter 2023 investor letter. The most significant news of the last quarter was the sudden reversal of the interest rate increase that took place during the summer. This was due to a few factors, including slightly improved inflation, the Federal Reserve’s dovish comments, and some technical issues with the issuance of Treasury bonds. As a result, the benchmark 10-year yield fell by more than 100 basis points, which is one of the steepest drops in history. Most broad-market indices advanced by double digits in the quarter with the Russell Midcap Value Index gaining 12%. The best-performing sectors were financials, real estate, and consumer discretionary, while energy, consumer staples, and healthcare lagged. In addition, please check the fund’s top five holdings to know its best picks in 2023.

A copy of Carillon Chartwell Mid Cap Value Fund’s Q4 2023 investor letter can be downloaded here.