Fund Evaluator:
Carillon Chartwell Real Income I (BERIX)
Follow This Fund
Best Performing in Inflation-Protected Bond Over the Last Year
| 9.5% | Carillon Chartwell Real Income I (BERIX) |
| 4.1% | VALIC Company I Inflation Protected (VCTPX) |
| 3.5% | T. Rowe Price Inflation Protected Bond Z (TRZHX) |
| 3.4% | Vanguard Inflation-Protected Secs Adm (VAIPX) |
| 3.3% | American Century Inflation Adjs Bond Y (AIAYX) |
Fund Details
Carillon Chartwell Real Income I Overview
Carillon Chartwell Real Income I (BERIX) is an actively managed Taxable Bond Inflation-Protected Bond fund. Carillon Family of Funds launched the fund in 1987.
The investment seeks to provide investors with current income and preserve inflation adjusted capital by seeking returns that exceed the rate of inflation over a complete market cycle. The fund seeks to achieve its investment objectives by investing in income producing securities. It fund intends to invest at least 60% of its net assets in TIPS. The fund may invest in TIPS and other inflation-indexed debt securities and fixed income securities of any maturity.
About Carillon Chartwell Real Income I (BERIX)
There are 7 members of the management team with an average tenure of 6.07 years: T. Harkins (2019), John Hopkins (2021), Thomas Coughlin (2019), Jeffrey Bilsky (2019), Reid Halloran (2024), Andrew Toburen (2019), Christine Williams (2021). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg US Treasury US TIPS TR USD index with a weighting of 100%. Carillon Chartwell Real Income I has 67 securities in its portfolio. The top 10 holdings constitute 41.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Carillon Chartwell Real Income I is part of the Fixed Income global asset class and is within the Taxable Bond fund group. Carillon Chartwell Real Income I has 8.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 6.1%. There is 8.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 75.8% (75.1% domestic bond, 0.7% foreign bond and 0.0% convertible bond). Carillon Chartwell Real Income I has 5.1% of the portfolio in cash.
Assets Under Management
The fund has $258 million in total assets, which is below the $872 million average for the Inflation-Protected Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BERIX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Carillon Chartwell Real Income I expense ratio is average compared to funds in the Inflation-Protected Bond category. Carillon Chartwell Real Income I has an expense ratio of 0.55%, which is 25% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Carillon Chartwell Real Income I has a portfolio turnover rate of 49%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 74% for the Inflation-Protected Bond category.
Recently, in the month of June 2026, Carillon Chartwell Real Income I returned -2.3%, which earned it a grade of F, as the Inflation-Protected Bond category had an average return of -0.6%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Carillon Chartwell Real Income I has a trailing yield of 4.16%, which is above the 4.07% category average. The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Carillon Chartwell Real Income I Grades
Year to date, the fund has returned 2.1%, 1.1 percentage points better than the category, which translates into a grade of A. The fund has returned 9.5% over the past year (grade of A), 8.7% over the past three years (grade of A) and 4.1% per year over the past five years (grade of A) and 4.7% per year over the past 10 years (grade of A).
For more mutual fund grades, analysis and screening tools to help your investment discovery, join AAII for a $2, full-access trial. Learn more here: https://invest.aaii.com/membership.
Otherwise, for more information about Carillon Chartwell Real Income I, including its riskiness, submit your email to unlock the rest of the article.
Gain access to exclusive AAII member-only content.
BERIX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BERIX Return (NAV) | -2.3% | -1.8% | 9.5% | 8.7% | 4.1% | 4.7% |
| BERIX Grade | F | F | A | A | A | A |
| +/- Category | -1.7% | -2.5% | 6.3% | 5.0% | 3.5% | 2.5% |
| Inflation-Protected Bond Avg | -0.6% | 0.7% | 3.2% | 3.8% | 0.6% | 2.2% |
| BERIX Tax Cost Ratio | na | na | 1.7% | 1.6% | 1.4% | 1.4% |
BERIX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BERIX Return (NAV) | 2.1% | 13.2% | 7.2% | 7.8% | -10.1% | 7.3% | 4.5% | 9.7% | -0.8% | 3.9% | 8.7% |
| BERIX Grade | A | A | A | A | A | A | F | A | A | A | A |
| +/- Category | 1.1% | 6.5% | 5.4% | 4.4% | 2.1% | 2.3% | -6.6% | 1.7% | 1.1% | 1.0% | 4.3% |
| Inflation-Protected Bond Avg | 1.1% | 6.7% | 1.8% | 3.3% | -12.3% | 5.1% | 11.1% | 8.0% | -1.9% | 2.9% | 4.5% |
| Risk Measures | |
| Standard Deviation: | 5.8% |
| Total Risk Index: | 0.48 - Below Average |
| Category Risk Index: | 1.29 - High |
| Category Risk Grade: | F (98% Rank) |
| Beta: | 0.86 |
| R-Squared: | 69% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Mid-Cap Value |
| Bond Investment Style: | na Limited Sensitivity |
| Yield: | 4.2% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $259 Mil |
| Fund Total Assets: | $ 259 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 49% |
Management Team
| Number of Managers: 7 | |||
| Longest Tenure: 7.3 years | |||
| Average Tenure: 6.1 years | |||
| Managers (Year): Harkins T. (2019), Coughlin Thomas (2019), Bilsky Jeffrey (2019), Toburen Andrew (2019), Williams Christine (2021), Hopkins John (2021), Halloran Reid (2024) | |||
Portfolio Composition (as of 3/31/26)
| # of Holdings: | 67 |
| % in Top 10 Holdings: | 41.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 8.7% |
Portfolio Allocation |
|
| Domestic Stock: | 6.1% |
| Foreign Stock: | 8.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 75.1% |
| Foreign Bond: | 0.7% |
| Convertible Bond: | 0.0% |
| Other: | 5.0% |
| Cash: | 5.1% |
Purchase Information
| Fund Family: | Carillon Family of Funds |
| Phone Number: | 800-421-4184 |
| Website: | www.eagleasset.com |
| Status: | Open |
| Inception Date: | September 3, 1987 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 500 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.00% |
Expenses and Fees | |
| Expense Ratio (%): | 0.55% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.73% |
| Share Class: | Carillon Chartwell Real Income I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
