Threadneedle Eurp HY Bd Retl Grs Inc EUR (FUND:B59MWS3) - Fund price - Overview

Fund Report

Threadneedle European High Yield Bond Fund Retail Gross Income EUR

Key Stats
Morningstar® CategoryEurope High Yield Bond
Manager NameMichael Poole
Inception Date18/06/2010
NAV 27/07/2017EUR 1.48
Day Change0.09%
12 Month Yield3.58%
ISINGB00B59MWS34
SEDOL
Dividend FrequencyAnnually
Net Assets (mil) 30/06/2017798.51 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge1.42%
AMC1.25%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

BofAML Euro HY Cons ExSub Fincl TR HEUR

Morningstar® Benchmark

BofAML European Currency High Yield Constrained TR Hdg EUR

Morningstar Analyst Rating™ *

Bronze

Growth Of 10,000 (EUR) 30/06/2017

How has this security performed
20132014201520162017
Fund7.013.05-0.666.073.46
Category8.133.642.466.592.93
Benchmark10.215.331.499.154.21
  • Fund: Threadneedle European High Yield Bond Fund Retail Gross Income EUR
  • Category: Europe High Yield Bond
  • Benchmark: BofAML European Currency High Yield Constrained TR Hdg EUR
Trailing Returns % (EUR) 27/07/2017
FundCatBmark
YTD4.123.934.95
3 Years Annualised3.194.615.17
5 Years Annualised5.827.748.94
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The fund aims to achieve a total return, overtime, predominantly by way of income. The ACD’s investment policy is to invest the assets of the Fund primarily in corporate fixed interest securities of corporates with higher risk (that is non-investment grade credit) issued predominantly in Euro or Sterling. Where securities are non-Euro denominated it is intended they will typically be hedged into Euro. The ACD will invest predominantly in issues issued by companies domiciled in Europe, or with significant European operations. If the ACD considers it desirable it may further invest in other securities (including fixed interest securities, other equities and money market securities).

Portfolio Profile30/06/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds92.500.0092.50
Cash36.0032.023.97
Other3.530.003.53
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond92.64
Cash & Equivalents4.26
Convertible0.90
Non-Agency Residential Mortgage Backed0.79
Government Related0.70
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
Gaz Cap Sa 6.51% 2022-03-07Luxembourg1.69
Wind Acquisition F 7% 2021-04-23Luxembourg1.59
Altice Sa 7.25% 2022-05-15Luxembourg1.13
Fiat Chry Fin Eur 6.75% 2019-10-14Luxembourg1.08
IncreaseAnnington Fin 13% 2023-01-15United Kingdom1.05
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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