AXA IM FIIS US Short Dur HY I-D USD (FUND:B4LFN91) - Fund price - Overview

Fund Report

AXA IM Fixed Income Investment Strategies - US Short Duration High Yield I Distribution USD

Key Stats
Morningstar® CategoryUSD High Yield Bond
Manager NameCarl Whitbeck
Inception Date24/06/2010
NAV 22/06/2018USD 89.19
Day Change0.02%
12 Month Yield3.35%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/05/20185,083.16 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Ongoing Cost1.10%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Bloomberg Barclays US Corporate High Yield TR USD

Growth Of 10,000 (USD) 31/05/2018

How has this security performed
  • Fund: AXA IM Fixed Income Investment Strategies - US Short Duration High Yield I Distribution USD
  • Category: USD High Yield Bond
  • Benchmark: Bloomberg Barclays US Corporate High Yield TR USD
Trailing Returns % (USD) 22/06/2018
3 Years Annualised2.073.455.44
5 Years Annualised2.643.695.61
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The Sub-Fund will seek to invest in high yield, fixed-income corporate debt securities and, to a lesser extent, preferred stocks which offer, in the view of the Investment Manager, a high return, without excessive risk, at the time of purchase. The Sub-Fund will invest primarily in lower quality corporate bonds, some of which may be purchased at a discount to face value and may, therefore, offer a potential for capital appreciation as well as high current income. Conversely, some bonds may be purchased at a premium in order to obtain a high yield, and the Sub-Fund may realize a capital loss on their disposition.

Portfolio Profile31/05/2018

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 Bond98.54
Cash & Equivalents2.97
Top Holdings
IncreaseDecreaseNew since last portfolio
Apx Group, Inc. 8.88% United States1.48
Rite Aid Corporation 6.75% United States1.41
Park Aerospace Holdings Limited 3.62% United States1.34
First Data Corporation 7% United States1.34
Nielsen Finance LLC/Nielsen Finance Co 5% United States1.28
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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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