Royal London Sterl Extra Yld Bd A (FUND:3257148) - Fund price - Overview

Fund Report

Royal London Sterling Extra Yield Bond Fund A

Key Stats
Morningstar® CategoryGBP Flexible Bond
Manager NameEric Holt
Inception Date14/04/2003
NAV 20/09/2018GBP 1.21
Day Change0.00%
12 Month Yield5.54%
ISINIE0032571485
SEDOL3257148
Dividend FrequencyQuarterly
Net Assets (mil) 28/02/20181,597.02 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Ongoing Cost0.83%
AMC0.75%
Fund Rebate-

Morningstar Rating™

5 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

FTSE Act UK Cnvt Gilts Over 15 Yr TR GBP

Morningstar® Benchmark

Bloomberg Barclays Sterling Aggregate TR GBP

Growth Of 10,000 (GBP) 31/08/2018

How has this security performed
201320142015201620172018
Fund10.336.801.089.0113.952.99
Category3.725.990.508.474.74-0.76
Benchmark-2.6813.870.4710.802.64-0.24
  • Fund: Royal London Sterling Extra Yield Bond Fund A
  • Category: GBP Flexible Bond
  • Benchmark: Bloomberg Barclays Sterling Aggregate TR GBP
Trailing Returns % (GBP) 20/09/2018
FundCatBmark
YTD2.70-1.23-1.47
3 Years Annualised8.223.603.85
5 Years Annualised7.304.175.23
10 Years Annualised7.415.415.94

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund’s objective is to achieve a high level of income and to achieve gross redemption yield of 1.25 times the gross redemption yield of the FTSE Actuaries British Government 15 year index. The above objective applies to Class A and Class B shares in each of the sub-funds. The sub-fund seeks to achieve its investment objective by investing at least 75% of its assets in Sterling denominated securities traded principally on the London Stock Exchange or over the counter markets. The sub-fund may also invest up to 25% of its assets in non-Sterling denominated securities traded principally on European, U.S., Canadian and Australian exchanges or over the counter markets.

Portfolio Profile28/02/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks3.190.003.19
Bonds79.670.0079.67
Cash2.500.002.50
Other14.630.0014.63
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond65.36
Agency Mortgage Backed11.69
Convertible8.97
Asset Backed8.80
Cash & Equivalents2.72
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
EI Group Plc 6.375% SNR SEC PIDI NTS 26/09/2031 GBP (REGS) 2031-09-26United Kingdom2.28
Amedeo Air Four Plus Guernsey2.05
Electricite de France SA FXD-FRN JNR SUB PERP EMTN GBP (REGS) (25) 2049-07-22France2.00
DecreasePremiertel 6.175% SNR SEC MBS 08/05/2032 GBP (REGS) (B) 2032-08-05United Kingdom1.79
DecreaseCentrica plc FXD-FRN JNR SUB PIDI 10/04/2075 GBP (REGS) 2075-10-04United Kingdom1.73
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.
© Copyright 2018 Morningstar. All rights reserved.