Premier Corporate Bond Monthly Income B (FUND:0390723) - Fund price - Overview

Fund Report

Premier Corporate Bond Monthly Income Fund Class B Income Shares

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NamePaul Smith
Inception Date03/11/1995
NAV 22/09/2017GBX 83.98
Day Change0.11%
12 Month Yield3.27%
ISINGB0003907234
SEDOL
Dividend FrequencyMonthly
Net Assets (mil) 31/08/201749.39 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.10%
AMC0.75%
Fund Rebate-

Morningstar Rating™

1 Star

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

IA Sterling Corporate Bond

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate Corporate TR

Growth Of 10,000 (GBP) 31/08/2017

How has this security performed
20132014201520162017
Fund5.736.98-0.403.793.38
Category1.6810.680.389.714.53
Benchmark1.6412.510.7012.274.64
  • Fund: Premier Corporate Bond Monthly Income Fund Class B Income Shares
  • Category: GBP Corporate Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate Corporate TR
Trailing Returns % (GBP) 22/09/2017
FundCatBmark
YTD2.812.842.43
3 Years Annualised2.465.566.62
5 Years Annualised4.705.716.44
10 Years Annualised3.866.276.56

Morningstar SRRI

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

Investment Objective

The fund seeks to provide a high income payable in monthly instalments. The Fund’s investment policy is to pursue a strategy of investing predominantly in corporate bonds, debentures, convertibles, preference shares, and fixed and variable rate securities. The Fund may also invest in derivatives, including credit default swaps, as well as money market instruments, deposits and units in collective investment schemes.

Portfolio Profile31/08/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.360.000.36
Bonds86.900.0086.90
Cash21.8518.343.51
Other9.230.009.23
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond72.72
Cash & Equivalents18.13
Asset Backed6.45
Commercial Mortgage Backed4.84
Government Related4.48
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Aspire Defence Fin 4.674% 2040-03-31United Kingdom2.46
South Eastern Powe 4.5443% 2023-06-05United Kingdom2.06
Cambridge(Universi 3.75% 2052-10-17United Kingdom2.03
Real Estate Credit Investments Preferre3 Guernsey2.02
Euro Inv Bk 4.03951% 2020-04-16Supranational1.83
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited 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. 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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