AAM/HIMCO Short Duration Fund Class A (ASDAX)
| Fund Assets | 393.46M |
| Expense Ratio | 0.85% |
| Min. Investment | $2,500 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.74% |
| Dividend Growth | -5.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 29, 2026 |
| Previous Close | 10.15 |
| YTD Return | 0.56% |
| 1-Year Return | 5.45% |
| 5-Year Return | 15.93% |
| 52-Week Low | 9.89 |
| 52-Week High | 10.41 |
| Beta (5Y) | 0.04 |
| Holdings | 270 |
| Inception Date | Jun 30, 2014 |
About ASDAX
AAM/HIMCO Short Duration Fund Class A is an actively managed mutual fund focused on generating current income with an emphasis on capital preservation through a short-duration fixed income strategy. The fund primarily invests in investment‑grade securities while retaining flexibility to allocate a portion to below‑investment‑grade bonds and bank loans, seeking diversified sources of carry and spread income across sectors such as corporates and securitized credit, including asset‑backed and mortgage‑related instruments. Portfolio construction pairs top‑down macro views with bottom‑up security selection, using sector rotation and duration management to balance credit and interest rate risks over the cycle. The strategy typically maintains a shorter interest rate sensitivity than broad core bond benchmarks, positioning it to emphasize credit risk when conditions warrant and to reduce it during economic slowdowns. As an ultrashort/short duration offering, the fund aims to provide a steadier return profile and liquidity characteristics that can complement cash management needs while diversifying exposures beyond government debt through carefully selected spread sectors. The fund’s objective is current income and long‑term total return.
Performance
ASDAX had a total return of 5.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.94%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FBNTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class M | 0.51% |
| FBNAX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class A | 0.50% |
| FBNIX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class I | 0.30% |
| FANCX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class C | 1.36% |
| FIKTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class Z | 0.25% |
Top 10 Holdings
35.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Goldman Sachs Government Fund | n/a | 13.76% |
| United States Treasury Notes 4.38% | T.4.375 11.30.28 | 2.62% |
| United States Treasury Notes 4.25% | T.4.25 02.28.29 | 2.62% |
| United States Treasury Notes 4% | T.4 07.31.29 | 2.60% |
| United States Treasury Notes 4% | T.4 01.31.29 | 2.60% |
| United States Treasury Notes 4.13% | T.4.125 09.30.27 | 2.59% |
| United States Treasury Notes 4% | T.4 02.29.28 | 2.59% |
| United States Treasury Notes 4.25% | T.4.25 03.15.27 | 2.59% |
| United States Treasury Notes 4.63% | T.4.625 09.15.26 | 2.58% |
| United States Treasury Notes 4.13% | T.4.125 06.15.26 | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 29, 2026 | $0.02786 | Jan 29, 2026 |
| Dec 23, 2025 | $0.03333 | Dec 23, 2025 |
| Nov 21, 2025 | $0.03237 | Nov 21, 2025 |
| Oct 30, 2025 | $0.03251 | Oct 30, 2025 |
| Sep 29, 2025 | $0.03242 | Sep 29, 2025 |
| Aug 28, 2025 | $0.03326 | Aug 28, 2025 |