Royal London Sterling Credit Z Inc (FUND:B4W1ZT2) - Fund price


Fund Report

Royal London Sterling Credit Fund Z Inc

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Size
Share Class Size (mil)1,380.19 GBP
(29/11/2019)
Fund Size (mil)2,199.43 GBP
(29/11/2019)
Maturity Distribution % 31/10/2019
FundCategory
1 to 3 Years2.2114.71
3 to 5 Years4.5711.50
5 to 7 Years8.8310.55
7 to 10 Years13.7813.06
10 to 15 Years21.045.41
15 to 20 Years13.777.15
20 to 30 Years22.0421.82
Over 30 Years13.4114.59
FundCategory
Effective Maturity (Y)-10.59
Effective Duration8.047.56
Average Credit QualityBBBBB
Credit Quality Breakdown % 31/10/2019
FundCategory
AAA2.708.86
AA6.769.64
A27.2025.40
BBB43.2644.34
BB9.403.77
B0.911.25
Below B0.040.35
Not Rated9.746.40

Asset Allocation % 31/10/2019

Asset Allocation
LongShortNetCat
Stocks0.850.000.850.06
Bonds95.300.0395.2795.62
Cash9.168.520.658.61
Other3.240.003.24-4.29
Fixed Income Sector Weightings % 31/10/2019
FundCategory
Government0.6210.18
Treasury0.293.12
Inflation-Protected0.000.02
Agency/Quasi Agency0.334.36
Government Related0.337.04
Corporate66.3368.77
Corporate Bond63.1267.50
Bank Loan0.000.00
Convertible2.811.23
Preferred0.410.04
Securitized32.2313.20
Agency Mortgage Backed13.313.67
Non-Agency Residential Mortgage Backed0.000.00
Commercial Mortgage Backed0.000.00
Asset Backed16.296.83
Covered Bond2.622.70
Municipal0.000.00
Cash & Equivalents0.793.37
Derivative0.034.49

Top 10 Holdings31/10/2019

Assets in Top 10 Holdings %8.81
Total Number of Equity Holdings0
Total Number of Bond Holdings344
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseAviva Plc 6.88% 2058-05-20United Kingdom1.26
Prudential plc 6.34% 2063-12-19United Kingdom0.93
Electricite de France SA 6% France0.89
HSBC Bank plc 5.38% 2030-11-04United Kingdom0.88
IncreaseRMPA Services Plc 5.34% 2038-09-30United Kingdom0.84
Innogy Finance BV 6.12% 2039-07-06Netherlands0.84
Income Contingent Student Loans 2 (2007-2009)PLC 1.86% 2058-07-24United Kingdom0.82
Santander UK PLC 10.06% United Kingdom0.79
Co-Operative Bank plc 4.75% 2021-11-11United Kingdom0.78
DecreaseAspire Defence Finance 4.67% 2040-03-31United Kingdom0.76
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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