Merian Monthly Income Bond R GBP Inc (FUND:B1XG8Y1) - Fund price


Fund Report

Merian Monthly Income Bond Fund R GBP Inc

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Size
Share Class Size (mil)7.22 GBP
(19/11/2019)
Fund Size (mil)120.05 GBP
(19/11/2019)
Maturity Distribution % 31/10/2019
FundCategory
1 to 3 Years2.879.51
3 to 5 Years12.8918.27
5 to 7 Years23.6524.49
7 to 10 Years29.6914.77
10 to 15 Years5.635.57
15 to 20 Years0.795.23
20 to 30 Years4.836.94
Over 30 Years19.646.84
FundCategory
Effective Maturity (Y)-10.67
Effective Duration-4.56
Average Credit QualityBB
Credit Quality Breakdown % 31/10/2019
FundCategory
AAA-15.37
AA-9.31
A-9.17
BBB-33.19
BB-17.97
B-9.67
Below B-1.34
Not Rated-3.99

Asset Allocation % 31/10/2019

Asset Allocation
LongShortNetCat
Stocks0.220.000.220.59
Bonds87.260.0387.2342.44
Cash0.000.000.0056.67
Other12.560.0012.560.29
Fixed Income Sector Weightings % 31/10/2019
FundCategory
Government-0.036.33
Treasury0.0024.22
Inflation-Protected0.002.55
Agency/Quasi Agency0.001.58
Government Related-0.03-20.44
Corporate91.5354.95
Corporate Bond78.9550.52
Bank Loan0.000.19
Convertible12.424.06
Preferred0.170.18
Securitized7.745.84
Agency Mortgage Backed4.181.73
Non-Agency Residential Mortgage Backed0.000.06
Commercial Mortgage Backed0.000.17
Asset Backed1.973.04
Covered Bond1.590.85
Municipal0.000.00
Cash & Equivalents0.004.21
Derivative0.7628.66

Top 10 Holdings31/10/2019

Assets in Top 10 Holdings %23.56
Total Number of Equity Holdings0
Total Number of Bond Holdings114
NameCountry%
IncreaseDecreaseNew since last portfolio
Merian Financial Cntgnt Cptl F USD Inc Ireland7.66
IncreaseRothesay Life PLC 2029-09-17United Kingdom2.10
IncreaseLloyds Bank plc 13% United Kingdom1.99
New since last portfolioLogicor 2019-1 UK Plc 1.88% 2026-11-17United Kingdom1.90
IncreaseElectricite de France SA 6% 2026-01-29France1.75
New since last portfolioOld Mutual Wealth Life Assurance Ltd 2028-02-28United Kingdom1.75
IncreaseAT&T Inc 4.38% 2029-09-14United States1.71
IncreaseTLG Finance SARL 2067-12-23Germany1.66
New since last portfolioNEPTUNE ENERGY BONDCO PLC 6.62% 2025-05-15United Kingdom1.56
IncreaseWestfield Stratford City Finance No.2 PLC 1.64% 2026-08-04United Kingdom1.48
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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