Carillon Reams Core Bond Fund Class Y
SCCYX
NASDAQ- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 235 W Galena Street Milwaukee WI United States of America 53212
- IPO Date
- Apr 25, 2011
- CIK
- 0001105128
- Similar Companies
- Business
- Carillon Reams Core Bond Fund (Class Y; SCCYX) is an open-end mutual fund that seeks a high level of total return consistent with the preservation of capital by investing primarily in investment grade bonds of varying maturities, including mortgage-backed securities and asset-backed securities; the fund maintains an average portfolio duration of two to seven years through active duration management and bottom-up security selection focused on undervalued fixed income sectors. It offers multiple share classes, including Class Y (SCCYX), Class I (SCCIX), Class A (CRCBX), Class C (CRCDX), and Class R6 (CRCUX), with total net assets of approximately $478 million as of recent reports. The fund is part of the Carillon Family of Funds, categorized in the intermediate core bond segment, and targets institutional and retail investors seeking income and capital preservation. Reams Asset Management, LLC, founded in 1981 and headquartered in Indianapolis, Indiana, serves as subadviser, employing a proprietary process that evaluates inflation-adjusted interest rates against historical norms for duration decisions and scenario analysis for security selection; Carillon Tower Advisers, Inc., the investment adviser headquartered at 880 Carillon Parkway, St. Petersburg, Florida, oversees the fund as part of its multi-boutique platform under Raymond James Investment Management. The investment team, led by a portfolio manager with 39 years of industry experience and 35 years at Reams, includes co-managers with extensive fixed income expertise averaging over 20 years with the firm. In November 2017, Reams Asset Management was acquired by Carillon Tower Advisers from UMB Financial's Scout Investments in a transaction valued at $172.5 million, integrating Reams into the Carillon platform and expanding assets under management beyond $60 billion at the time; this followed Reams operating as a division of Scout since earlier years. In 2022, Carillon Tower Advisers rebranded to Raymond James Investment Management to enhance affiliation with parent Raymond James Financial, Inc., while preserving boutique independence for affiliates like Reams; no major new product launches, funding rounds, or operational shifts have been reported for the fund in 2024-2025. The fund operates primarily for U.S. investors, with potential limited foreign bond exposure subject to currency and geopolitical risks.