L&G High Income X Acc (FUND:B2Q4S05) - Overview

Fund Report

Legal & General High Income Trust X Acc

Key Stats
Morningstar® CategoryGBP High Yield Bond
Manager Name-
Inception Date31/03/2008
NAV 06/12/2016GBX 141.10
Day Change0.14%
12 Month Yield7.99%
ISINGB00B2Q4S050
SEDOLB2Q4S05
Dividend FrequencyQuarterly
Net Assets (mil) 31/10/20161,405.28 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
Fund Ongoing Charge0.41%
AMC-
Fund Rebate0.05%

Morningstar Rating™

StarRatingValueLabel_3

Benchmarks

Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

BofAML GBP High Yield TR GBP

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

How has this security performed
20122013201420152016
Fund14.715.411.53-2.5714.50
Category20.768.553.050.409.91
Benchmark37.0711.845.655.438.67
  • Fund: Legal & General High Income Trust X Acc
  • Category: GBP High Yield Bond
  • Benchmark: BofAML GBP High Yield TR GBP
Trailing Returns % (GBP) 06/12/2016
FundCatBmark
YTD14.9010.449.01
3 Years Annualised4.624.836.92
5 Years Annualised6.809.0013.29
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The objective of this fund is to provide a high income. The fund will invest in bonds (a type of loan which pays interest). These bonds will have a pre-set rate of income (either set at a fixed level or varying in a pre-determined way). The bonds that the fund invests in will be almost entirely subinvestment grade (rated as higher risk). Sub-investment grade bonds are bonds that have achieved a lower credit rating from a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time. The bonds that the fund invests in will be issued by companies or governments anywhere in the world.

Portfolio Profile31/10/2016

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds95.560.0095.56
Cash3.430.003.43
Other1.010.001.01
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond91.00
Cash & Equivalents4.23
Government3.88
Convertible0.43
Government Related0.29
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Ausdrill Fin Pty 144A 6.875% 2019-11-01Australia1.41
Nyrstar Netherland 8.5% 2019-09-15Netherlands1.30
Keystone Financing 9.5% 2019-10-15United Kingdom1.28
DecreaseMhge Parent Llc/Finance 144A 8.5% 2019-08-01United States1.15
IncreaseIceland Bondco 6.75% 2024-07-15United Kingdom1.14
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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