Park Your Cash — Short-Dated

Senior, A-/A3 or better bonds maturing within 24 months yielding ≥ 4.5%.

Navigating the front end of the curve requires balancing defensive positioning with yield optimization, a dynamic addressed by our "Park Your Cash — ShortDated" screen targeting senior investmentgrade paper maturing within 24 months. The current opportunity set enables institutional investors to lock in robust yields exceeding our 4.5% threshold without extending duration risk, as demonstrated by highgrade corporate and sovereign issues meeting strict credit parameters. Yields across this filtered universe trade at compelling discounts driven by low legacy coupons, offering significant total return potential alongside high current income as bonds pull to par. Notable relative value is evident in bluechip and sovereign names, such as the Republic of China 1.25% notes yielding 10.395% and Toyota Motor Credit 2.05% notes offering a 8.267% yieldtoworst. Credit quality remains resilient with all qualifying constituents rated A/A3 or better, spanning key defensive sectors like financials, industrials, and government debt. Institutional portfolios can capitalize on mispriced liquidity in intermediateshort paper, exemplified by names like Pacific Life Corp offering a 9.763% yield at a deep cash price discount, optimizing both carry and capital efficiency.

Results are limited to USD bonds with an amount outstanding of at least USD 200MM.