This week, with the Fed holding rates steady, Drew interviews bond portfolio manager Jeff Given to discuss the current market and what it means for your fixed income portfolio. Jeff is the Co-Head of Core and Core-Plus Fixed Income at Manulife where he manages over 21 billion dollars in the John Hancock bond fund.

Disclosures:
Every investor's situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. The forgoing is not a recommendation to buy or sell any individual security or any combination of securities. Be sure to contact a qualified professional regarding your particular situation before making any investment or withdrawal decision.

Bond prices and yields are subject to change based upon market conditions and availability. If bonds are sold prior to maturity, you may receive more or less than your initial investment. There is an inverse relationship between interest rate movements and fixed income prices. Generally, when interest rates rise, fixed income prices fall and when interest rates fall, fixed income prices rise. There are special risks with investing with bonds such as interest rate risk, market risk, call risk, prepayment risk, credit risk, reinvestment risk, and unique tax consequences, To learn more about these risks and the suitability of these bonds for you, please contact our office.

Long-term Corporate Bonds are debt obligations of the issuing corporation.

High-yield bonds are not suitable for all investors. The risk of default may increase due to changes in the issuer's credit quality. Price changes may occur due to changes in interest rates and the liquidity of the bond. When appropriate, these bonds should only comprise a modest portion of a portfolio.

Dollar-cost averaging cannot guarantee a profit or protect against a loss, and you should consider your financial ability to continue purchases through periods of low price levels.

Sector investments are companies engaged in business related to a specific sector. They are subject to fierce competition and their products and services may be subject to rapid obsolescence. There are additional risks associated with investing in an individual sector, including limited diversification.

Raymond James is not affiliated with and does not endorse the opinions or services of Manulife or Jeff Given.