AXA Global High Income Z Gross Inc (FUND:B29NG94) - Fund price


Fund Report

AXA Global High Income Z Gross Inc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager NameJames Gledhill
Inception Date11/01/2008
NAV 22/09/2020GBX 94.89
Day Change-0.58%
12 Month Yield5.22%
ISINGB00B29NG940
Dividend FrequencyQuarterly
Net Assets (mil) 31/08/2020149.69 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time10:45:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.55%
AMC0.50%
Fund Rebate-

Morningstar Rating™

5 Stars

Morningstar® Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE BofA Gbl HY TR HGBP

Morningstar® Benchmark

ICE BofA Global High Yield Constrained TR HGBP

Morningstar Analyst Rating™

Bronze

Growth Of 10,000 (GBP) 31/08/2020

How has this security performed
201520162017201820192020
Fund-4.8812.536.36-3.5411.040.44
Category-2.6511.735.82-3.9211.3833.30
Benchmark-2.1115.666.71-3.6012.32-0.16
  • Fund: AXA Global High Income Z Gross Inc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofA Global High Yield Constrained TR HGBP
Trailing Returns % (GBP) 22/09/2020
FundCatBmark
YTD-0.21-2.51-1.00
3 Years Annualised2.471.452.49
5 Years Annualised4.023.795.21
10 Years Annualised4.884.976.03

Morningstar SRRI

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

Investment Objective

The aim of this Fund is to provide long-term high yield returns combined with any capital growth.The Fund aims to deliver long-term high yield returns, by re-investing interest received, and any capital growth through investing primarily in ‘sub-investment grade’ bonds issued by a large number of different companies diversified across industry sectors, countries and credit ratings. The ACD focuses on credit analysis to create a portfolio of bonds that seeks diversification across companies showing improving resilience against default.

Portfolio Profile31/08/2020

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds96.640.0096.64
Cash111.47109.102.38
Other0.980.000.98
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond96.37
Cash & Equivalents6.41
Convertible0.98
Asset Backed0.20
Government0.03
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Kenan Advantage Group, Inc. 7.88% 2023-07-31United States1.10
American Midstream Partners LP/ American Midstream Finance Corporation 9.5% 2021-12-15United States0.92
Blue Racer Midstream, LLC / Blue Racer Finance Corp 6.62% 2026-07-15United States0.87
Camelot Finance S.A. 4.5% 2026-11-01United States0.87
Ascend Learning LLC 6.88% 2025-08-01United States0.85
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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