About ASDCX
AAM/HIMCO Short Duration Fund Class C is a mutual fund designed to provide current income with capital preservation through investments in short-duration fixed income securities. It primarily allocates assets to U.S. Treasuries, investment grade corporate bonds, high yield corporates, bank loans, and securitized sectors including asset-backed securities, commercial mortgage-backed securities, and collateralized loan obligations. The fund may invest up to 35% in non-investment grade securities, often referred to as junk bonds, alongside loan participations to enhance yield potential within a short-term horizon. Its portfolio emphasizes sectors like financials, consumer discretionary, materials, technology, and health care within corporate bonds, complemented by U.S. government and agency obligations, collateralized mortgage obligations, short-term investments, and minimal municipal bonds. Class C shares feature a contingent deferred sales charge structure applicable within the first 12 months of purchase. Managed by AAM and HIMCO, this fund serves investors seeking income generation from diversified, short-duration credit opportunities in the fixed income market.
Fund Family AAM
Category Ultrashort Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol ASDCX
Share Class Class C
Index Bloomberg 1-3 Y Government/Credit TR
ASDCX had a total return of 3.61% in the past year, including dividends.
Since the fund's inception, the average annual return has been 1.74%.
