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113.27500 EUR
0.04
0.04%
Last update Sep 10, 6:21 PM CEST
Market closed
Day range
113.23000
113.51500
Previous close
113.23500
Open
113.23500
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Amundi USD Floating Rate Corporate Bond Fund
113.28
0.04
0.04%

Overview

Description

The Amundi USD Floating Rate Corporate Bond Fund is a dynamic investment vehicle within the fixed-income sector designed to offer investors exposure to floating rate bonds issued by corporations. Its primary function is to provide capital preservation and income generation through investments in USD-denominated corporate debt securities that typically feature interest rates adjusted periodically based on market conditions. These floating rate instruments are particularly sensitive to interest rate fluctuations, making them an attractive option for investors seeking to mitigate interest rate risk. By focusing on corporate bonds, this fund supports a diverse range of industries, including finance, technology, healthcare, and industrials, ensuring broad economic exposure and sector diversification. The fund’s strategic allocation to floating rate securities means it can benefit from rising interest rates, which can be advantageous in an inflationary environment. In the financial market, the Amundi USD Floating Rate Corporate Bond Fund plays a crucial role as a flexible and responsive investment tool, offering a counterbalance to traditional fixed-income products by leveraging its adjustable rate mechanism to respond to varying monetary policy climates.

About

Address
Phone
+886 2 8101 0696
Website
Instrument type
ETF
Country
Germany
MIC code
XBER
Market closed

Exchange is currently closed
Main market opens in 8 hours 34 minutes

23:25
00:00
08:00
20:00
23:59

Trading Hours (Monday - Friday):

Main market
08:00 - 20:00
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).