TALK ABOUT THE BENEFITS OF MULTI-SECTOR BONDSMany investors are looking for steady income to help them meet their retirement needs. In today's uncertain, low yield environment, however, flexibility and a broad, global opportunity set are key to meeting that objective. Lower expected returns make flexibility more important than ever Forward-looking returns for passive core bonds are closely correlated with current yield levels. Faced with today's historically low yields, income investors may be tempted to focus on the highest yielding segments of the bond market – a strategy that could put hard earned savings at risk. Download ChartTapping into a broad opportunity set can enhance income potential With lower expected returns going forward, the ability to access a broadly diversified opportunity set, rather than focusing on the highest yielding segments of the market can enhance return potential while also helping to diversify risk. As this chart shows, the global bond market (at right) is much broader than the Bloomberg Barclays U.S. Aggregate Bond Index, the proxy for the core bond universe, many investors look to for income. Download ChartPinpointing the most attractive sources of income across a broad range of sectors Actively managed multi-sector income strategies seek to capture diverse sources of income by identifying opportunities that generate attractive income potential while diversifying exposures across sectors. As the chart demonstrates, many different bond sectors offer higher yields than U.S. Treasuries in exchange for varying degrees of additional risk – the key is to invest with a manager that has the flexibility and know-how to pinpoint the most attractive sources of income across the broadest possible opportunity set. Download ChartAccess to a variety of sectors is key in rising rate environments The Federal Reserve has resumed its hiking cycle. While we expect increases to the fed funds rate to be gradual, rate hikes can pose challenges to some areas of the bond market. Multi-sector income strategies with the ability to access different parts of the global bond market can lower interest rate sensitivity while taking advantage of opportunities in this environment.Download Chart More on Multi‑Sector Bonds Section: Tag: Date: Expert: Ticker: Reset All Smart Charts Access our library of economic and market charts that you can download, save and share. Bonds Are Different Access our thought leadership, investor resources and educational materials on why active management may make sense for bonds.