Short Duration Income

The Amundi Pioneer 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.

                        

                       

                        

                       

The Amundi Pioneer 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.

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

Charles Melchreit, CFA

Charles Melchreit, CFA 

Senior Vice President
Deputy Head of Fixed Income, US
Portfolio Manager

Biography

Seth Roman 

Vice President
Portfolio Manager

Biography

Jonathan Sharkey, CFA

Senior Vice President
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
  • Targets a duration of typically 0 to 1 year, with an ultrashort target of 0.25 years

PLEASE NOTE:  The Internal Guidelines referenced do not necessarily represent prospectus/statutory limitations. These internal guidelines are used as guidance in the daily management of the Portfolio’s investments. These guidelines are subject to change and should not be relied upon as a long term view of the Portfolio’s exposures, limitations, and/or risks.

Why Amundi Pioneer?

The Strategy is managed within a strong fixed income investment culture focused on sound, fundamental research. Key features of the Amundi Pioneer 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 (MBS), asset-backed securities (ABS) 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:¹ Invests across many different US dollar fixed income asset classes, sectors, credit ratings, and security structures
  • Ultrashort duration target: Employs duration of 0.25 years
  • High quality portfolio: Focuses on senior securities within each asset class and structure

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

Source: Amundi Pioneer
This strategy is managed by Amundi Pioneer. Amundi Pioneer cannot guarantee the success of the investment strategy. Past results are not necessarily indicative of future performance. No assurance can be made that profits will be achieved or that substantial losses will not be incurred. All investments involve risk including the loss of principal.