Royal London Corporate Bond Z Inc (FUND:B3MBXC4) - Fund price


Fund Report

Royal London Corporate Bond Fund Z Inc

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Size
Share Class Size (mil)423.78 GBP
(30/11/2020)
Fund Size (mil)1,401.08 GBP
(30/11/2020)
Maturity Distribution % 31/10/2020
FundCategory
1 to 3 Years2.859.96
3 to 5 Years3.1810.59
5 to 7 Years9.088.95
7 to 10 Years14.3014.63
10 to 15 Years20.967.55
15 to 20 Years14.3817.96
20 to 30 Years18.6322.32
Over 30 Years15.845.30
FundCategory
Effective Maturity (Y)-14.19
Effective Duration7.718.27
Average Credit QualityBBBBB
Credit Quality Breakdown % 31/10/2020
FundCategory
AAA3.918.90
AA5.8610.28
A20.2925.51
BBB49.5444.71
BB10.444.38
B1.511.39
Below B0.000.33
Not Rated8.454.50

Asset Allocation % 31/10/2020

Asset Allocation
LongShortNetCat
Stocks1.110.001.110.06
Bonds91.971.6990.2995.16
Cash20.1015.075.027.51
Other3.580.003.58-2.72
Fixed Income Sector Weightings % 31/10/2020
FundCategory
Government-0.0413.07
Treasury1.233.55
Inflation-Protected0.000.04
Agency/Quasi Agency0.444.32
Government Related-1.269.48
Corporate65.1270.15
Corporate Bond61.8168.23
Bank Loan0.000.00
Convertible2.261.82
Preferred1.050.09
Securitized29.8411.44
Agency Mortgage Backed13.143.61
Non-Agency Residential Mortgage Backed0.000.00
Commercial Mortgage Backed0.000.00
Asset Backed13.365.96
Covered Bond3.341.87
Municipal0.000.00
Cash & Equivalents5.031.97
Derivative0.053.37

Top 10 Holdings31/10/2020

Assets in Top 10 Holdings %11.25
Total Number of Equity Holdings1
Total Number of Bond Holdings303
NameCountry%
IncreaseDecreaseNew since last portfolio
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10 Year Treasury Note Future Dec 20 2020-12-311.68
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Thames Water Utilities Finance PLC 7.74% 2058-04-09United Kingdom1.13
Lloyds Bank plc 6% 2029-02-08United Kingdom1.13
New since last portfolioLeeds Building Society 4.88% 2020-11-16United Kingdom0.96
M&G PLC 6.34% 2063-12-19United Kingdom0.95
Electricite de France SA 5.88% France0.94
AXA 6.69% France0.87
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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