ContextualIntroduction: A strategy to seek higher yields than prime money market funds and lower volatility than short-term bonds.

Investors often have liquidity needs that go beyond nine months – or even a year.

The Ultra-Short strategy seeks to bridge the gap between short-term cash and short duration yields while preserving principal and mitigating risk. Investing with the time horizon of one year or more may afford you the flexibility to realize earn a higher yield than shorter term investments while only modestly increasing risk.

Strategy Highlights

Seeks to deliver yields in excess of a prime money market fund
High credit quality with lower volatility expectations than short duration bond strategies
Seeks capital appreciation consistent with principal preservation

Investment Approach: Multiple Levers to Generate Total Return

We aim to maximize return opportunities, mitigate risks and generate alpha by actively managing duration, yield curve positioning, sector allocation and security selection.

RelatedContent: Related Content; Bond Investing When the Fed Wavers; /insights-research/2019/investment-management/bond-investing-when-fed-wavers; false; /cdn/public/pws/nt/images/insights-and-research/investment-management/bond-investing.jpg; Read More; image; Related Content; The Sticky 10-year Yield; /insights-research/2018/the-sticky-10-year-yield; false; /cdn/public/pws/nt/images/investment-management/fixed-income/video-sticky-10year-yield.png; Watch Video; video; Related Content; Cash is Back; /insights-research/2018/cash-is-back; false; /cdn/public/pws/nt/images/investment-management/fixed-income/cash-is-back.png; Watch Video; video; Related Content; Fixed Income Update: Q3, 2019; /cdn/public/pws/nt/documents/white-papers/asset-management/fixed-income-update.pdf; false; Read PDF; PDF