Marks & Spencer High Income Inc (FUND:0575014) - Fund price


Fund Report

Marks & Spencer High Income Inc

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Size
Share Class Size (mil)154.88 GBP
(30/08/2019)
Fund Size (mil)257.72 GBP
(20/09/2019)
Maturity Distribution % 31/08/2019
FundCategory
1 to 3 Years10.1211.11
3 to 5 Years13.1813.26
5 to 7 Years14.6218.76
7 to 10 Years20.7723.94
10 to 15 Years10.725.17
15 to 20 Years8.105.89
20 to 30 Years17.188.67
Over 30 Years4.327.50
FundCategory
Effective Maturity (Y)0.008.74
Effective Duration-4.63
Average Credit QualityBB
Credit Quality Breakdown % 31/08/2019
FundCategory
AAA-13.41
AA-9.66
A-7.87
BBB-31.18
BB-18.58
B-12.50
Below B-1.56
Not Rated-5.24

Asset Allocation % 31/08/2019

Asset Allocation
LongShortNetCat
Stocks0.000.000.000.52
Bonds92.273.9088.3671.68
Cash58.2348.859.3824.80
Other2.260.002.263.00
Fixed Income Sector Weightings % 31/08/2019
FundCategory
Government21.2915.55
Treasury17.6123.68
Inflation-Protected0.002.38
Agency/Quasi Agency4.861.69
Government Related3.69-10.50
Corporate61.2156.72
Corporate Bond59.0952.36
Bank Loan0.000.14
Convertible2.124.03
Preferred0.000.19
Securitized8.116.52
Agency Mortgage Backed1.231.80
Non-Agency Residential Mortgage Backed0.000.15
Commercial Mortgage Backed0.000.21
Asset Backed5.163.39
Covered Bond1.720.98
Municipal0.000.00
Cash & Equivalents9.42-23.75
Derivative-0.0444.95

Top 10 Holdings31/08/2019

Assets in Top 10 Holdings %12.20
Total Number of Equity Holdings0
Total Number of Bond Holdings503
NameCountry%
IncreaseDecreaseNew since last portfolio
European Investment Bank 4.5% 2044-03-07Supranational2.73
Kreditanstalt Fur Wiederaufbau 5.75% 2032-06-07Germany2.03
Network Rail Infrastructure Finance Plc 4.75% 2035-11-29United Kingdom1.26
New since last portfolioLong Gilt Future Dec19 2019-12-27United Kingdom1.09
HSBC Holdings plc 6% 2040-03-29United Kingdom0.98
Barclays Bank plc 4.25% 2022-01-12United Kingdom0.97
ENEL Finance International N.V. 5.75% 2040-09-14Netherlands0.94
Bnp Paribas Sa 3.38% 2026-01-23France0.87
New since last portfolioUS 10 Year Note (CBT) Dec19 2019-12-19United States0.83
United Kingdom of Great Britain and Northern Ireland 4.25% 2027-12-07United Kingdom0.82
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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