The strong returns over the quarter added to the good performance of the diversified funds for the previous nine months.

We still expect Treasury yields to move higher. The rise in oil is starting to be a concern once again.

The U.S. will add more jobs and I expect that will support the view that the Fed will go to 5 percent. There's enough momentum to take bond yields higher.

The U.S. economy is doing okay and you have global growth doing fairly well. That's encouraging yields higher. A 5 percent yield in 10-year Treasuries represents fair value.

There's a bit more optimism in terms of the growth outlook beyond the fourth quarter. That's going to support higher yields.

It was a much better performance [compared to last year]. They came in with great attitudes. We were one or two matches away from all three of them being All-Americans.