AXA Global High Income Z Gross Acc (FUND:B29NGF0) - Fund price

Fund Report

AXA Global High Income Z Gross Acc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager NameJames Gledhill
Inception Date11/01/2008
NAV 15/11/2019GBX 225.00
Day Change-0.04%
12 Month Yield5.33%
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/2019107.11 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.57%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark


Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

Morningstar Analyst Rating™

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

How has this security performed
  • Fund: AXA Global High Income Z Gross Acc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 15/11/2019
3 Years Annualised4.994.545.13
5 Years Annualised3.263.724.72
10 Years Annualised5.966.457.45

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. The Fund aims to deliver long term high yield returns by compounding high current income and any capital growth through investing in a broadly diversified portfolio of ‘sub-investment grade’ bonds. The Fund may also invest in transferable securities, derivatives, cash, deposits, units in collective investment schemes and money market instruments. Use may be made of stocklending, borrowing, cash holdings, hedging and other investment techniques permitted in the applicable Financial Conduct Authority rules.

Portfolio Profile31/10/2019

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 Bond93.02
Cash & Equivalents8.78
Asset Backed0.31
Top Holdings
IncreaseDecreaseNew since last portfolio
Ensemble S Merger Sub, Inc 9% 2023-09-30United States0.96
OPE KAG Finance Sub Inc 7.88% 2023-07-31United States0.91
Solera, LLC / Solera Finance, Inc. 10.5% 2024-03-01United States0.82
IncreaseBWAY Holding Company 7.25% 2025-04-15United States0.79
Watco Companies, L.L.C. / Watco Finance Corp. 6.38% 2023-04-01United States0.79
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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