1. Quarterly Updates

    SMID Cap Core 2Q 2026 Commentary Video Update

    8/10/2026. Despite a strong second quarter for SMID-cap stocks driven by a narrow, risk-focused rally, the strategy's emphasis on high-quality businesses weighed on relative performance, while continued portfolio adjustments and attractive valuations reinforce confidence in the long-term opportunity ahead.

  2. Quarterly Updates

    Fixed Income 2Q 2026 Commentary Video Update

    8/10/2026. Despite a strong quarter for equities and rising interest rates, the Johnson Core Fixed Income Strategy modestly outperformed its benchmark through its focus on high-quality corporate bonds, while maintaining a conservative posture amid tight credit spreads, evolving inflation trends, and uncertainty around future Fed policy.

  3. Quarterly Updates

    Equity Income 2Q 2026 Commentary Video Update

    8/10/2026. Despite a strong market rebound led by a narrow group of technology stocks, the Johnson Equity Income Composite delivered positive returns while remaining focused on high-quality businesses, positioning the portfolio to benefit as market leadership broadens and earnings growth spreads across the economy.

  4. Strategy Commentary

    SMID Cap Core Equity Q2 2026 Strategy Commentary

    7/27/2026. SMID-cap equities posted their strongest quarterly gain since 2020, driven by robust earnings growth and AI-fueled strength in Technology and semiconductor stocks, while Energy lagged as oil prices retreated following easing geopolitical tensions.

  1. Strategy Commentary

    Short Duration Fixed Income Q2 2026 Strategy Commentary

    7/27/2026. Second-quarter markets were shaped by geopolitical uncertainty and evolving Fed expectations, with higher yields and resilient credit markets supported by strong economic fundamentals and corporate earnings.

  2. Strategy Commentary

    Intermediate Fixed Income Q2 2026 Strategy Commentary

    7/27/2026. Second-quarter bond markets navigated geopolitical uncertainty, higher interest rates, and evolving Fed expectations, while strong economic fundamentals and stable credit conditions supported solid corporate bond performance.

  3. Strategy Commentary

    Equity Income Q2 2026 Strategy Commentary

    7/27/2026. Second-quarter equity markets rebounded strongly as easing geopolitical tensions and continued enthusiasm for AI-driven infrastructure investment fueled broad gains, led by Technology and Industrials, while Energy lagged on falling oil prices.

  4. Strategy Commentary

    Enhanced Index Q2 2026 Strategy Commentary

    7/27/2026. Second-quarter bond markets were influenced by geopolitical uncertainty and evolving Fed expectations, with higher yields offset by resilient credit conditions and strong corporate fundamentals that supported solid investment-grade bond performance.

  1. Strategy Commentary

    Core Plus Fixed Income Q2 2026 Strategy Commentary

    7/27/2026. Second-quarter bond market performance was supported by resilient credit fundamentals and strong corporate balance sheets, even as geopolitical developments and evolving Fed expectations kept interest rates elevated.

  2. Strategy Commentary

    Core Fixed Income Q2 2026 Strategy Commentary

    7/27/2026. Second-quarter fixed income markets reflected a balance between geopolitical risks, persistent inflation concerns, and resilient credit fundamentals, resulting in higher yields and stable credit spreads.

  3. Bond IQ

    A New Chair and New Tone at the Federal Reserve

    A new era at the Federal Reserve may be taking shape. With a new chair, a new communication style, and a renewed focus on inflation, investors are reassessing what comes next for interest rates and bond markets.

  4. Quarterly Updates

    Fixed Income 1Q 2026 Commentary Video Update

    4/27/2026. Early optimism gave way to geopolitical-driven volatility, as rising energy prices and inflation concerns pressured markets and rates, while a cautious, high-quality fixed income approach remains positioned for uncertainty and potential opportunities.

  5. Quarterly Updates

    SMID Cap Core 1Q 2026 Commentary Video Update

    4/27/2026. Energy-driven volatility and rising rates weighed on first-quarter performance, with security selection—particularly in Technology and Industrials—driving underperformance, while the strategy remains positioned for opportunities amid resilient economic conditions and attractive SMID cap valuations.

  6. Quarterly Updates

    Equity Income 1Q 2026 Commentary Video Update

    4/27/2026. A volatile first quarter saw shifting market leadership and energy-driven inflation pressures weigh on equities, while disciplined sector positioning supported relative outperformance despite headwinds in software and broader market declines.