Morgan Stanley UK Sterling Corp Bd A Acc (FUND:3248766) - Fund price

Fund Report

Morgan Stanley Funds (UK) Sterling Corporate Bond Fund A Accumulation Acc

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameLeon Grenyer
Inception Date03/02/2003
NAV 23/08/2019GBP 26.07
Day Change-0.31%
12 Month Yield1.98%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/03/2019254.56 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.00%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating



Sustainability Rating as of 30/06/2019


Fund Benchmark

ICE BofAML Sterling Non-Gilt TR GBP

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Growth Of 10,000 (GBP) 31/07/2019

How has this security performed
  • Fund: Morgan Stanley Funds (UK) Sterling Corporate Bond Fund A Accumulation Acc
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 23/08/2019
3 Years Annualised2.482.792.55
5 Years Annualised4.275.055.56
10 Years Annualised5.966.726.64

Morningstar SRRI

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

Investment Objective

The objective of the Fund is to provide an attractive rate of return through investment primarily in sterling corporate and other sterling non-gilt fixed interest securities. A proportion of the Fund may also invest in non-sterling fixed interest securities as well as UK gilts. Any significant change in the investment objective and policies of a Fund may normally be made only with the approval of the FSA and the approval of the shareholders of the Company or, as the case may be, the relevant Fund by extraordinary resolution passed at a duly convened meeting.

Portfolio Profile31/03/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond86.64
Government Related4.66
Agency Mortgage Backed2.27
Asset Backed1.67
Top Holdings
IncreaseDecreaseNew since last portfolio
Lloyds Banking Group plc 2.25% 2024-10-16United Kingdom1.94
AT&T Inc 5.2% 2033-11-18United States1.19
Dp World Plc 4.25% 2030-09-25United Arab Emirates1.04
Discovery Communications, LLC 2.5% 2024-09-20United States1.01
Citigroup Inc. 2.75% 2024-01-24United States1.01
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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