Our Amundi US Bank Loans Strategy1 seeks a high level of current income and capital preservation. We also seek to outperform the Morningstar LSTA Performing Loans Index and a peer group of competing managers without significantly higher risk. We seek to achieve this objective by constructing a well-diversified2 portfolio with attractive risk / return characteristics. Given our preference for higher quality loans, we would expect to outperform during down credit cycle periods.
1Effective September 30, 2022, the Amundi Pioneer Bank Loans Strategy was renamed to Amundi US Bank Loans Strategy.
2Diversification does not guarantee a profit or protect against a loss.