Austria (Österreich), Institutional
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Why the Fund
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Why credit
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Why Wellington
Why the Fund
Highly diversified credit fund
Allocates across most publicly traded fixed income sectors without structural sector bias. The Fund can rotate towards the most attractive risk-adjusted opportunities with the aim of supporting a more resilient return profile over time.
Dynamic and nimble
The Fund has the flexibility to quickly reallocate capital as relative value changes between credit sectors. This allows access to niche areas of the markets, enhancing the potential to generate consistent value over time.
Breadth of investment platform
Led by a multisector team that draws on Wellington’s deep investment platform. The team allocates capital to sector experts to bring our firm’s best ideas in credit into the Fund.
Why credit
Past performance does not predict future returns.
Attractive yields across sectors
Yields remain high across multiple credit sectors, with many of these sectors providing significantly more attractive income than equities for a lower level of risk.
Strong fundamentals
In a higher-rate, more volatile market environment, the improved fundamentals of many businesses should enable them to better weather uncertainty.
Diversification across sectors
Sector dispersion remains elevated in today’s more volatile regime, creating opportunities.Diversification is increasingly important as outcomes diverge across sectors and regions.
Source: Wellington/Bloomberg, as of 30 June 2026.
Why Wellington
A unique fixed income edge
Managing fixed income since 1928, and with over US$500bn in fixed income assets, we combine the range and resources of a large firm with the agility and specialisation of a small one.
Independent, empowered and accountable teams
Each specialist team makes its own decisions for client portfolios. We believe this independence can help generate more consistent performance across market environments by diversifying return sources.
A breadth of expertise
Our fixed income strategies benefit from being part of an integrated investment platform that spans all major asset classes and draws on Wellington’s multidisciplinary research capabilities.
All figures are for the Wellington Management Group of companies as of 31 December 2025.
fund video
In this short video, find out more about the investment approach and key features of the Fund.
Funds returns are shown net of fees. Fund returns shown are net of actual (but not necessarily maximum) withholding and capital gains tax but are not otherwise adjusted for the effects of taxation and assume reinvestment of dividends and capital gains. If an investor’s own currency is different from the currency in which the fund is denominated, the investment return may increase or decrease as a result of currency fluctuations.
Source: Wellington Management.
© 2026 Morningstar, Inc. All Rights Reserved. Past performance does not predict future returns. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Overall Morningstar Rating for a fund is derived from a weighted average of the three, five, and ten year (if applicable) ratings, based on risk-adjusted return.
Investment in the funds described on this website carries a substantial degree of risk and places an investor’s capital at risk. The price and value of investments is not guaranteed and can go down as well as up. An investor may not get back the original amount invested and an investor may lose all of their investment. Investment in the funds described on this website is not suitable for all investors. If an investor is in any doubt as to the suitability of an investment in a fund, an investor should consult an independent financial advisor. The information on this website does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell or otherwise transact in any security including, but not limited to, shares in the funds. An investor should only invest in a fund once that investor has carefully read and understood the offering documents for the fund which contain further information on the risks and features of the fund. Unless stated otherwise data is as at previous month end.
