Active Managers Highlight Three Carillon Mutual Funds for Solid Returns

Investors looking for alternatives to the largest fund families are evaluating several options from Carillon Mutual Funds, a brand backed by Raymond James Investment Management. Three specific actively managed funds—Carillon Eagle Small Cap Growth (HSIIX), Carillon Clarivest International Stock (EISIX), and Carillon Chartwell Small Cap (UMBHX)—have stood out for their multi-year performance, relatively low expense ratios, and reasonable initial investment requirements.

Active management can help investors navigate changing economic landscapes by focusing on individual security selection. For instance, the Carillon Clarivest International Stock (EISIX) fund, managed by David R. Vaughn, has posted a three-year annualized return of 27.6% by focusing on international growth leaders like Taiwan Semiconductor. Meanwhile, the small-cap offerings, Carillon Eagle Small Cap Growth (HSIIX) and Carillon Chartwell Small Cap (UMBHX), have delivered three-year annualized returns of 15.1% and 20.7%, respectively, by targeting promising smaller companies.

While these funds have shown solid historical performance and maintain diversified portfolios, investors should monitor their expense ratios, which range from 0.87% to 0.95%. Because higher fees can erode long-term gains, comparing these costs against lower-cost passive index alternatives remains crucial as market conditions evolve.