Chartwell Investment Partners, LLC released the “Carillon Chartwell Mid Cap Value Fund” fourth quarter 2023 investor letter. The most significant news of the last quarter was the sudden reversal of the interest rate increase that took place during the summer. As result, the benchmark 10-year yield fell by more than 100 basis points. Most broad-market indices advanced by double digits in the quarter with the Russell Midcap Value Index gaining 12%.
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