Miller Intermediate Bond Fund;I Stock Price, News & Analysis

The Miller Intermediate Bond Fund (MIFIX) managed by Wellesley Asset Management, Inc. focuses on traditional fixed income securities, including convertible bonds, with an intermediate duration. President Michael Miller emphasizes the Fund's expertise in convertible bonds and high-quality fixed income instruments, aiming to deliver attractive long-term returns. With a 5-Star Overall Morningstar Rating™ as of December 31, 2023, the Fund ranks in the top 1% of the Morningstar Corporate Bond Category over the 3 and 5-year periods. Investing in the Miller Intermediate Bond Fund offers exposure to both fixed-income securities and common stocks, with a focus on credit risk, interest rate risk, and potential volatility associated with lower rated bonds.