Our Amundi US Multi-Asset Ultrashort Income Strategy1 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. 

┬╣Effective September 30, 2022, the Amundi Pioneer Multi-Asset Ultrashort Income Strategy was renamed to Amundi US Multi-Asset Ultrashort Income Strategy.

                       

                        

                       

   

Our Amundi US Multi-Asset Ultrashort Income Strategy is a US multi-sector income strategy that utilizes a diversified3 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.

3Diversification does not guarantee a profit or protect against a loss.

Jonathan Sharkey

Senior Vice President
Portfolio Manager 

Biography

Nicolas Pauwels, CFA

Vice President
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