Morningstar® Fund Report™
Amundi Funds – Real Asset Target Income Fund (USD-RMB)
Performance History 31/05/2026
Growth of 1,000(USD) Advanced Graph
Fund - 3.60 -0.47 18.93 12.63
+/-Cat - -6.73 -7.94 6.05 6.66
+/-Idx - -10.21 -9.55 4.83 6.27
Category: USD Moderate Allocation
Index: Morningstar EAA USD Mod Target Allocation NR USD
Trailing Returns 04/06/2026
Fund +/-Idx
YTD 13.49 7.25
3 Years 36.99 -4.68
5 Years - -
10 Years - -
12 Month Yield 6.82
Dividend Paying Frequency Monthly
Key Stats
Morningstar Category
USD Moderate Allocation
Morningstar Rating™
ISIN
LU2462611646
NAV 04/06/2026
USD 55.8900
Day Change
-0.02%
Total Net Assets (mil)
29/05/2026
USD 192.41
Front Load Fee(Max)
3.00%
Deferred Load Fee
-
Manager Name
Alfred Grusch
Francesco Sandrini
Inception Date
11/07/2022
Benchmark
Fund Benchmark
ICE BofA US High Yield TR USD*7%+ MSCI ACWI REITS NR USD*15%+ MSCI World/Energy NR USD*10%+ MSCI World/Food Beverage&Tobacco NR USD*10%+ MSCI World/Materials NR USD*10%+ MSCI World/Tranapt Infra NR USD*7%+ MSCI World/Utilities NR USD*5%+ Others*35%
Morningstar® Benchmark
Morningstar EAA USD Mod Target Allocation NR USD
Investment strategy
The fund seeks to increase the value of your investment (mainly through income) while achieving an ESG score greater than that of the Benchmark.
Portfolio Profile 31/03/2026
Morningstar Style Box®_Morningstar:
Equity Style
Morningstar Style Box®_Morningstar:
Fixed Income Style
Asset Allocation %
% Long % Short % Net Assets
Stocks 86.53 16.90 69.63
Bonds 40.54 8.03 32.51
Cash 63.38 69.35 -5.97
Other 3.84 0.00 3.84
Fixed Income
Effective Maturity (Y) -
Effective Duration -
Average Credit Quality -
Top 5 Regions %
United States 63.69
Eurozone 11.04
United Kingdom 7.46
Canada 7.01
Europe - ex Euro 2.94
Top 5 Sectors %
 Basic Materials 15.04
 Energy 10.74
 Real Estate 9.38
 Industrials 6.34
 Technology 5.04
Top 5 Holdings Sector %
E-mini Nasdaq 100 Future June 26 10.04
United States Treasury Bonds 6.375% 5.87
Euro Stoxx 50 Future June 26 4.46
MSCI EME NTR 0626 3.12
Future on TOPIX 3.09

Price Chart

  • Amundi Funds – Real Asset Target Income Fund (USD-RMB)
Return Charts
3 Months 6 Months 1 Year 3 Years 5 Years 10 Years
Index Currency
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Fund: Amundi Funds – Real Asset Target Income Fund (USD-RMB)
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Annual Returns 31/05/2026
2019 2020 2021 2022 2023 2024 2025 2026
Total Return - - - - 3.60 -0.47 18.93 12.63
+/- Category - - - - -6.73 -7.94 6.05 6.66
+/- Index - - - - -10.21 -9.55 4.83 6.27
% Rank (Rel to Cat) - - - - 98 99 9 -
Trailing Returns 04/06/2026
Total Return +/- Category +/- Index
1 Day -0.02 0.14 -0.15
1 Week 0.81 0.47 0.60
1 Month 3.25 0.78 0.72
3 Months 3.21 -0.93 -1.05
6 Months 14.01 6.97 7.37
YTD 13.49 7.09 7.25
1 Year 29.36 13.48 14.08
3 Years 36.99 -1.18 -4.68
5 Years - - -
10 Years - - -
Quarterly Returns 31/05/2026
Quarter 1 Quarter 2 Quarter 3 Quarter 4
2026 5.59 - - -
2025 2.17 3.93 7.92 3.78
2024 -0.77 0.30 5.96 -5.63
2023 2.52 -0.22 -3.61 5.07
Dividend 04/06/2026
12 Month Yield 6.82
2026 1.37
2025 2.94
2024 3.15
2023 3.25
Morningstar Rating™                 Relative to Category 31/05/2026
3-Year
5-Year Not Rated
10-Year Not Rated
Overall
Volatility Measurements 31/05/2026
1-Yr Volatility 10.84%   3-Yr Volatility 10.46%
1-Yr MaximumDrawdown -5.84% 3-Yr MaximumDrawdown -9.97%
1 Yr Sharpe Ratio 2.12 3-Yr Sharpe Ratio 0.65
3-Yr Mean Return 0.96%
Investment Style Details 31/03/2026
Morningstar Style Box®_Morningstar:
Equity Style
Size Relative to Category
Average Mkt Cap (Mil) USD 96868.05 0.00
Market Capitalisation % Of Equity
Giant 15.40
Large 21.45
Medium 20.30
Small 2.03
Micro 0.61
Valuations and Growth Rates Equity Portfolio Relative to Category
Price/Prospective Earnings 18.02 0.00
Price/Book 2.87 0.00
Price/Sales 0.49 0.00
Price/Cash Flow 10.75 0.00
Dividend-Yield Factor 2.67 0.00
Long-Term Projected Earnings Growth 10.05 0.00
Historical Earnings Growth 2.66 0.00
Sales Growth 1.28 0.00
Cash-Flow Growth 3.39 0.00
Book-Value Growth 3.83 0.00
Fixed Income Style 31/03/2026
Morningstar Style Box®_Morningstar:
Fixed Income Style
Maturity Distribution %
1 To 3 8.80
3 To 5 8.61
5 To 7 6.12
7 To 10 4.81
10 To 15 1.98
15 To 20 0.12
20 To 30 3.99
Over 30 0.32
Effective Maturity (Y) -
Effective Duration -
Average Credit Quality -
Credit Quality Breakdown % %
AAA - BB -
AA - B -
A - BelowB -
BBB - Not Rated -
AssetAllocation 31/03/2026
Asset Allocation
% Long % Short % Net Assets
Stocks 86.53 16.90 69.63
Bonds 40.54 8.03 32.51
Cash 63.38 69.35 -5.97
Other 3.84 0.00 3.84
World Regions 31/03/2026
% Of Equity Relative to Category
United States 63.69 0.00
Canada 7.01 0.00
Latin America 1.31 0.00
United Kingdom 7.46 0.00
Eurozone 11.04 0.00
Europe - ex Euro 2.94 0.00
Europe - Emerging 0.00 0.00
Africa 0.96 0.00
Middle East 0.00 0.00
Japan 1.22 0.00
Australasia 1.90 0.00
Asia - Developed 0.99 0.00
Asia - Emerging 1.48 0.00
Emerging Market 3.74 0.00
Developed Country 96.26 0.00
Not Classified 0.00 0.00
Stock Sector Weightings 31/03/2026
% Of Equity Relative to Category
CyclicalCyclical 28.83 -
Basic MaterialsBasic Materials 15.41 -
Consumer CyclicalConsumer Cyclical 2.16 -
Financial ServicesFinancial Services 1.64 -
Real EstateReal Estate 9.63 -
Sensitive 30.45 -
Communication ServicesCommunication Services 2.16 -
EnergyEnergy 11.32 -
IndustrialsIndustrials 7.69 -
TechnologyTechnology 9.29 -
DefensiveDefensive 7.71 -
Consumer DefensiveConsumer Defensive 3.06 -
HealthcareHealthcare 1.16 -
UtilitiesUtilities 3.48 -
Top 10 Holdings 31/03/2026
Portfolio
Total Number of Equity Holdings 163
Total Number of Bond Holdings 244
Assets in Top 10 Holdings % 41.77
Product Name Sector Country/Region % of Assets
E-mini Nasdaq 100 Future June 26 United States 10.04
United States Treasury Bonds 6.375% United States 5.87
Euro Stoxx 50 Future June 26 Germany 4.46
MSCI EME NTR 0626 Germany 3.12
Future on TOPIX Japan 3.09
Future On Nikkei 225 Jun26 Japan 2.81
United States Treasury Bonds 3.375% United States 2.34
Euro Bund Future June 26 Germany 1.97
United States Treasury Bonds 4.75% United States 1.59
E-mini S&P 500 Future June 26 United States 1.48
Management Team
CompanyName Amundi Luxembourg S.A.
Phone +352 47 676667
Website www.amundi.com
Address 5, Allée Scheffer,
L-2520 Luxembourg


 
Domicile LUX
Legal Structure SICAV
UCITS Yes
Inception Date 11/07/2022
Fund Advisor(s)
Amundi Deutschland GmbH
Fund Manager   Alfred Grusch
Manager Start Date   28/03/2014
Education  
Biography  
Fund Manager   Francesco Sandrini
Manager Start Date   28/03/2014
Education  
University College Dublin
Biography  
In 1998, Sandrini joined Pioneer Investments in Milan where, for the next three years, he covered market forecasts and new products development. He relocated to our Dublin office in January 2001.
Fees and Expenses
Sales Charges (Maximum)
Front Load Fee 3.00%
Deferred Load Fee -
Switching Fee -
Annual Charge
Management (Max) 1.50%

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