Rapid Fixed Income Fund Leads Money Market Popular List

The global capital market is quietly opening a new chapter in investment history with the new product class gaining popularity - short term fixed income money market fund has gained smart investing popularity, among which ultra short term fixed income fund leads absolute money market favorites.

Ultra-short fixed income funds are mutual funds that generally invest in fixed income securities with short maturities, mostly within one year while typically three months. The quality of the fund is essentially determined by its holdings.

Below are some pioneers rapid fixed income funds listed with high yields above market average

1. Baird Ultra Short Bond Fund BUBIX

2. Lord Abbett Short Duration Income Fund LDLVX

3. Pimco Enhanced Short Maturity Active Exchange-Traded Fund MINT

4. Pimco Low Duration Fund PTLDX

5. Pimco Short Asset Investment Fund PAIDX

list will be updated by each month

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