ASDCX

About ASDCX

AAM/HIMCO Short Duration Fund Class C is an open-end bond mutual fund focused on generating current income with a secondary goal of long-term total return. The strategy emphasizes **short-duration fixed income**, positioning the portfolio to maintain low interest-rate sensitivity while seeking incremental yield from diversified credit exposures. The fund primarily invests in **investment-grade securities**, with the flexibility to allocate a minority portion to below-investment-grade bonds and bank loans to enhance carry and total return potential. Its sector mix spans **U.S. Treasuries, investment-grade corporates, asset-backed securities, commercial mortgage-backed securities, collateralized loan obligations, and cash**, with active sector rotation and duration management guiding allocations. Management employs a combined **top-down and bottom-up** process, integrating macro views with security selection to balance credit and rate risk across market cycles. Classified in the **Ultrashort Bond** category, the fund targets short effective duration to help reduce volatility while pursuing steady income. The approach is designed to serve as a **capital-preservation and liquidity-aware** bond sleeve for investors seeking stability with modest total return potential in short-term markets.