Barings Dev and EM HY Bd I GBP H Inc (FUND:B3L6PB3) - Fund price

Fund Report

Barings Global Umbrella Fund - Barings Developed and Emerging Markets High Yield Bond Fd I GBP H Inc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager NameEce Ugurtas
Inception Date01/02/2012
NAV 13/12/2019GBP 5.85
Day Change0.17%
12 Month Yield6.64%
Dividend FrequencyQuarterly
Net Assets (mil) 30/09/2019532.40 USD
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 Cost1.00%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

BofAML Global High yield BB-B TR Hdg USD

Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

Growth Of 10,000 (GBP) 30/11/2019

How has this security performed
  • Fund: Barings Global Umbrella Fund - Barings Developed and Emerging Markets High Yield Bond Fd I GBP H Inc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 13/12/2019
3 Years Annualised3.714.044.78
5 Years Annualised3.104.425.58
10 Years Annualised2.956.377.39

Morningstar SRRI

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

Investment Objective

The primary investment objective of the Fund is to produce a high level of current yield in dollar terms, commensurate with an acceptable level of risk, as determined by the Managers in their reasonable discretion. The Fund will seek to achieve its primary investment objective by investing at least 70% of its total assets at any one time in a combination of debt and loan securities (including credit linked securities) of corporations and governments (including any agency of government or central bank) of any member state of the Organisation for Economic Co-operation and Development (“OECD”) and of any developing or emerging markets.

Portfolio Profile30/09/2019

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 Bond94.94
Cash & Equivalents2.73
Government Related1.33
Covered Bond0.24
Top Holdings
IncreaseDecreaseNew since last portfolio
Garfunkelux Holdco 3 SA 8.5% 2022-11-01Germany1.57
Energy Transfer Operating L P 5.27% 2066-11-01United States1.51
VFH PARENT LLC / ORCHESTRA CO-ISSUER INC 6.75% 2022-06-15United States1.42
Bausch Health Companies Inc 6.12% 2025-04-15Canada1.16
OTP Bank Nyrt 2.88% 2029-07-15Hungary1.06
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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