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Short Duration Income

Our Amundi US Multi-Asset Ultrashort Income Strategy seeks to obtain a high level of current income The Strategy invests at least 80% in floating rate instruments and at least 80% in investment grade securities. 

                       

                        

                       

   

Our Amundi US Multi-Asset Ultrashort Income Strategy is a US multi-sector income strategy that utilizes a diversified1 three-tiered approach to investing with the goal of achieving higher yields and lower volatility relative to its peer universe.

*Effective January 1, 2022, the benchmark for the Amundi US Multi-Asset Ultrashort Income Strategy changed from the ICE BofA USD 3-Month LIBOR Index to the ICE BofA US 3-Month Treasury Bill Index.

1Diversification does not guarantee a profit or protect against a loss.

Jonathan Sharkey

Senior Vice President
Portfolio Manager 

Biography

Nicolas Pauwels, CFA

Vice President
Deputy Director of Securitized Credit
Portfolio Manager

Biography

Noah Funderburk, CFA

Senior Vice President
Director of Securitized Credit
Portfolio Manager

Biography

Overview

  • Diversifies across many different US dollar fixed income asset classes, sectors, credit ratings, and security structures
  • Focuses on senior securities within each asset class and structure in an effort to create a high quality portfolio

Why Amundi US?

The Strategy is managed within a strong fixed income investment culture focused on sound, fundamental research. Key features of the Amundi US Multi-Asset Ultrashort Income Strategy include:

  • Three separate risk pools:
    • Liquidity: money market securities, US Treasuries and agency notes
    • Intermediate: corporate bonds, agency mortgage-backed securities, asset-backed securities and limited use of municipal bonds
    • Core: holdings that generally offer lower liquidity, but afford the portfolio managers what we believe are the best opportunities to add yield and alpha to the portfolio, including non-agency asset-backed securities / mortgage-backed securities, bank loans, corporate bonds and event-linked (catastrophe) bonds
  • Diversification: Invests across many different US dollar fixed income asset classes, sectors, credit ratings, and security structures
  • Ultrashort duration target: Seeks to keep duration short of 0.25 years
  • High quality portfolio: Focuses on senior securities within each asset class and structure