The Miller Family of Funds offers alternative fixed income strategies that leverage convertible securities to pursue enhanced fixed income outcomes while maintaining a disciplined risk profile.
Whether it's through the growth potential of convertible bonds, the steady discipline of laddered fixed income, or the low-correlation approach of market neutral arbitrage, each fund is built to deliver absolute returns while managing risk. Our goal: consistent performance, smart diversification, and a better investment experience.
Approach to Alternative Fixed Income
The Miller Family of Funds provides access to convertible securities through two complementary strategy categories designed to enhance portfolio construction.
Miller Convertible Bond Fund
Convertible bonds combine the fixed income features of bonds, with the capital appreciation potential of stocks. The Fund may offer investors a measure of downside preservation compared with stocks and additional upside participation compared with traditional bonds. The goal of the Fund is to deploy an absolute return seeking strategy and to outperform both stocks and bonds over complete market cycles.
Miller Intermediate Fund
The Fund strives to achieve absolute returns through all market environments by using a variety of fixed income securities in a laddered approach. The Fund employs a disciplined strategy that seeks to enhance returns while managing risk and volatility. The Fund seeks to outperform the Bloomberg Barclays U.S. Aggregate Bond Index over full market cycles.
Miller Market Neutral Income Fund
Launched in January 2024. The Miller Market Neutral Income Fund’s objective is to provide total return with a low correlation to equity and fixed income markets primarily through convertible bond arbitrage.
