Objective & investment strategy:
AXA IM FIIS US Short Duration High Yield Fund aims to generate a high current income by investing in better-quality non-investment grade debt of U.S. companies with improving fundamentals. The Investment Manager buys selected short maturity and callable high yield issues, generally expected to have a 3 year or less maturity, that pass through our strict credit screens and meet our fundamental value requirements. Active management and a strict sell discipline strategy are applied, in order to reduce the risk of a credit event.
