JPM Global High Yield Bd B Net Inc (FUND:B1YXBL9) - Overview

Fund Report

JP Morgan Global High Yield Bond Fund B Shares Net Income

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager Name-
Inception Date14/10/2009
NAV 09/12/2016GBP 1.05
Day Change0.19%
12 Month Yield6.49%
ISINGB00B1YXBL93
SEDOL
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2016172.35 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.93%
AMC0.75%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

BofAML US HY Master II Constrnd TR HGBP

Morningstar® Benchmark

BofAML Gbl HY Constnd TR HGBP

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund13.885.580.97-5.7511.33
Category15.656.341.63-2.659.70
Benchmark18.747.312.71-2.1113.62
  • Fund: JP Morgan Global High Yield Bond Fund B Shares Net Income
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: BofAML Gbl HY Constnd TR HGBP
Trailing Returns % (GBP) 09/12/2016
FundCatBmark
YTD12.7311.4314.93
3 Years Annualised2.463.655.12
5 Years Annualised5.447.098.26
10 Years Annualised4.826.287.65

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 return from a diversified portfolio of Bond and other debt securities. The fund will invest primarily in Bond and other debt securities (mainly below investment grade securities or unrated securities) of issuers in developed countries, primarily corporations and banks. The fund may also invest in bond and other Debt Securities of issuers of emerging countries. The fund will aim to hedge non-Sterling securities back to Sterling.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.220.000.22
Bonds99.970.0099.97
Cash226.19227.59-1.40
Other1.210.001.21
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond98.16
Convertible2.33
Asset Backed0.55
Government0.38
Cash & Equivalents-0.50
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseSprint 7.875% 2023-09-15United States1.77
First Data Corp New 144A 5.75% 2024-01-15United States1.45
DecreaseHca 7.5% 2022-02-15United States1.29
Caesars Oper Escrow 9% 2020-02-15United States1.24
DecreaseMgm Resorts Intl 7.75% 2022-03-15United States1.12
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 Trafford House, Chester Road, Manchester M32 0RS. 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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