Carillon Reams Unconstrained Bond Fund Class Y
SUBYX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 235 W Galena Street Milwaukee WI 53212
- IPO Date
- Jan 2, 2013
- CIK
- 0001105128
- Similar Companies
- Business
- Carillon Reams Unconstrained Bond Fund (Class Y; ticker: SUBYX) is a mutual fund that seeks to maximize total return consistent with the preservation of capital by investing primarily in fixed-income obligations of varying maturities, including bonds, mortgage-backed securities, asset-backed securities, high-yield securities, non-investment grade debt, derivative instruments such as futures, options, and credit default swaps, securities denominated in foreign currencies, and U.S. dollar-denominated securities of foreign issuers. The fund pursues relative value opportunities across all sectors of the fixed-income market through a disciplined, unconstrained investment process that is not benchmarked to any index; it offers multiple share classes including Class Y (SUBYX), Class A (SUBDX), Class C (SUBEX), Class I (SUBFX), and Class R-6 (SUBTX). Reams Asset Management, LLC, an affiliate of Raymond James Investment Management (formerly Carillon Tower Advisers), serves as subadviser, with principal offices in Columbus, Indiana, while the investment adviser Carillon Tower Advisers is headquartered at 880 Carillon Parkway, St. Petersburg, Florida 33716. The fund operates within the nontraditional bond category, targeting institutional and retail investors seeking flexible fixed-income exposure with moderate credit quality and interest rate sensitivity; its portfolio may include allocations to investment-grade corporate bonds, high-yield corporates, emerging markets debt, non-agency mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, collateralized loan obligations, and cash equivalents. It is available to U.S. investors through a prospectus and distributed by Carillon Fund Distributors, Inc., a FINRA member and affiliate within the Raymond James family. The fund employs derivatives for exposure, hedging, and risk management, potentially involving leverage that can amplify gains or losses, and it distributes income monthly without a fixed target. In recent developments, the fund benefited from structured macro trades and active management in mortgage-backed securities and corporates during periods of elevated volatility in Q1 2025, as sector allocations adjusted to widening spreads; portfolio duration positioning also contributed positively to performance. As part of broader Raymond James Investment Management initiatives, the fund was added to the Charles Stanley Direct Preferred List in June 2025, expanding its distribution in select markets. These updates reflect ongoing tactical adjustments amid market dynamics, with no major acquisitions, funding rounds, or structural reorganizations reported for the fund itself in the past 1-2 years.