Navellier/Dial High Income Opportunities Series Reaches $120 Million Milestone
RENO, Nev.-(Business Wire)-September 23, 2009 - Offered by Advisors Asset Management, Inc. (“AAM”; www.aamportfolios.com), the ACT - Navellier/Dial High Income Opportunities Portfolio series of unit investment trust (UIT) bond portfolios passed the $120 million milestone this month. Navellier & Associates, Inc. acts as a consultant for the identification and selection of investment grade bonds primarily rated BBB-/Baa3 for the series of UITs offered by AAM known as the Advisors Corporate Trust (ACT)–Navellier/Dial High Income Opportunities Portfolio. The next series, Series 6, is scheduled for deposit this Friday, September 25, 2009. View Estimated Current and Estimated Long-Term Return.
“We believe these mid-term, three-to-five-year maturities still offer compelling investment opportunities in fixed income, especially bonds rated in the BBB range and issued by well-known corporate names in the United States,” said Louis Navellier, CEO and CIO of Navellier. “We have hundreds of clients that want the relative stability of income in this asset class, but I don’t know how long the window of opportunity will last. These bonds become less attractive as equity markets rally and, conversely, highly attractive as equity markets correct. And it’s interesting, to me at least, that the longer maturities are not paying what I would consider an appropriate premium. That could change rapidly, of course, and the longer maturities, or the lower rankings, may be the next opportunity. We’ll just have to wait and see,” Louis Navellier added.
Navellier works with Dial Capital Management, Inc. (“Dial”), whose principals have over 40 years' combined experience in corporate bond investing. T. Ole Dial, Managing Director of Silver Oak Asset Management, LLC, an affiliate of Dial Capital Management, has managed top-performing high yield bond mutual funds and private equity funds for institutions and high net worth individuals for over 25 years. Navellier-Dial select bonds for the portfolio after detailed credit analysis in an effort to create a portfolio that they believe can maintain adequate cash flow and good asset liability balances.
Securities are offered through financial professionals. Advisors Asset Management, Inc. is an investment solutions partner for advisors and broker/dealers offering a vast array of financial tools, leading technologies and industry expertise. Established in 1979, AAM provides bond services, portfolio support, financial tools, unit investment trusts (UITs), structured products and separately managed accounts (SMAs). AAM is a broker/dealer, member FINRA/SIPC, SEC registered investment advisor and SEC registered investment company.
For more information on AAM and the Navellier/Dial High Income Opportunities Series, please go to www.aamportfolios.com, or contact AAM at 866-606-7220.
Navellier & Associates, Inc., founded by Louis Navellier in 1987, is a registered investment advisor that manages a variety of portfolios for institutional and individual investors. For more information about Navellier, please go to www.navellier.com, or contact Navellier at 800-365-8471.
UITs are sold only by prospectus. Information contained herein is subject to change. Units may not be sold nor may an offer to buy be accepted prior to the UIT’s date of deposit. There are various risks associated with investing in municipal bonds and investors should consult their financial professional before making any investment decisions. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. Contact your financial professional or call AAM at 866-606-7220 to request a prospectus, which contains this and other information about the trust. Read it carefully before you invest or send money.
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