White Papers

• Investing in Municipals
  In this white paper, the Eagle Fixed Income team highlights why the current economic backdrop may provide an ideal opportunity to invest in the municipal bond market and why independent credit analysis is essential in this asset class.

• The Importance of Dividends: Benefits Beyond Income
  Download this white paper to learn how dividends historically have been a major contributor to stock-market total returns over the long term.

• Professional Fixed Income Management: A Strategy for Changing Markets
  Download this white paper to learn about the advantages of a professionally managed fixed-income portfolio or mutual fund.

• Why Fixed-Income Remains an Important Allocation
  Uncertainty about interest rates doesn’t diminish the value of bonds in portfolios but may, in fact, increase the need for professional management. 
  Click here to read more (pdf)

Investor Resources

• The S&P 500 returns since 1926 (pdf) — March 2010
  This piece illustrates how S&P 500 returns have been positive 7 out of every 10 years since 1926.
  Click here to read

• Why Market Timing is so Difficult (pdf) — March 2010
  The piece makes clear how difficult it is to determine when there’s a “false rally” and when the bull market has truly begun by analyzing the 50 best days of the S&P 500 from 1978-2008.
  Click here to read

• Impact of Missing the Market (pdf) — March 2010
  Missing the best 10, 20, 30, 40 and 50 days of a market recovery can have dramatic impacts on portfolio returns.
  Click here to read

• Cash on the Sidelines (pdf) — March 2010
  As of the end of 2008, investors' had set aside enough cash and cash equivalents to buy-out the entire S&P 500 Index, reaching a level that left the market generally undervalued.
  Click here to read

• Measuring Performance Dollar-weighted and time-weighted returns (pdf) — March 2010
  Behind the practice of dollar cost averaging are time-weighted performance and dollar-weighted performance. While each is useful in its own way, they are uniquely helpful in measuring different aspects of a portfolio.
  Click here to read

Capital Market Review

• July 2010 (pdf)
• June 2010 (pdf)
• May 2010 (pdf)
• April 2010 (pdf)
• March 2010 (pdf)
• February 2010 (pdf)
• January 2010 (pdf)
• 2009 CMR Summary (pdf)