Premier Corporate Bond Monthly Income C (FUND:0389549) - Fund price


Fund Report

Premier Corporate Bond Monthly Income Fund Class C Income Shares

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NamePaul Smith
Inception Date03/11/1995
NAV 18/07/2019GBX 84.40
Day Change0.09%
12 Month Yield2.58%
ISINGB0003895496
SEDOL0389549
Dividend FrequencyMonthly
Net Assets (mil) 31/05/201947.45 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.98%
AMC0.65%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

IA Sterling Corporate Bond

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Growth Of 10,000 (GBP) 30/06/2019

How has this security performed
201420152016201720182019
Fund7.18-0.213.913.39-0.983.28
Category10.680.389.714.84-2.316.39
Benchmark12.200.4910.664.33-1.536.14
  • Fund: Premier Corporate Bond Monthly Income Fund Class C Income Shares
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 18/07/2019
FundCatBmark
YTD3.907.477.38
3 Years Annualised2.443.563.34
5 Years Annualised2.445.095.53
10 Years Annualised5.987.197.06

Morningstar SRRI

Lower Risk
Higher Risk
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Fund aims to provide an income, paid each month, through investment in a portfolio of predominantly fixed income securities. The Fund aims to achieve its investment objective by investing at least 80% in Sterling denominated, (or hedged back to Sterling), investment grade rated corporate bonds (as measured by a recognised external rating agency). The Fund may also invest in money market, non-investment grade, convertible, hybrid, alternative fixed income and structured investments. The Fund may invest in derivatives and forward transactions for investment purposes as well as for the purposes of efficient portfolio management, including hedging.

Portfolio Profile31/05/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds85.780.1485.65
Cash9.600.009.60
Other4.750.004.75
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond68.82
Asset Backed10.43
Cash & Equivalents9.65
Convertible4.43
Agency Mortgage Backed3.82
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Santander UK Group Holdings plc 3.62% 2026-01-14United Kingdom2.45
Aspire Defence Finance 4.67% 2040-03-31United Kingdom2.44
South Eastern Power Networks PLC 4.88% 2023-06-05United Kingdom2.16
Pershing Square Holdings, Ltd. 5.5% 2022-07-15United Kingdom2.09
Burford Capital PLC 6.5% 2022-08-19United Kingdom1.97
AJ Bell Management Limited (company number 03948391), AJ Bell Securities Limited (company number 02723420) and AJ Bell Asset Management Limited (company number 09742568) are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at 4 Exchange Quay, Salford Quays, Manchester M5 3EE. See website for full details. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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