Portfolio Manager George Cipolloni appeared on Schwab Network to discuss his outlook for the fourth quarter, noting the weak and volatile start to October. He emphasized his view that investors should pay close attention to how factors such as geopolitical risks, weather events and the upcoming U.S. election may affect individual companies, especially as earnings reports take center stage. George also discussed portfolio positioning, highlighting the opportunity to navigate volatility.
Watch George’s full interview on Schwab Network here.
Important Information
The information contained herein has been prepared solely for informational purposes. It is subject to change without notice and it is not intended as an offer or solicitation of Penn Mutual AM 1847 Income Fund (PMEFX) nor any other products or services offered by PMAM. Please note this information has been prepared as a general summary without consideration of any specific investors, thus please do not use this material solely to make any investment decisions.
Specific companies discussed may not be representative of holdings in PMEFX. Holdings are subject to change.
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Investing involves risk, including possible loss of principal. The Fund’s investment risks include, but are not limited to, interest rate, inflation, credit and default risk associated with fixed income securities. In addition, high yield bonds have a higher risk of default or other adverse credit events. Other risks include, but are not limited to, equity risk, preferred stock risk, allocation risk, conflicts of interest risk, counterparty credit risk, foreign investments risk, high portfolio turnover risk, liquidity risk and volatility risk. There is no guarantee the Fund will achieve its stated objective. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.
