AXA US Short Duration Hi Yld Z Gross Acc (FUND:B59VLT4) - Fund price - Overview

Fund Report

AXA US Short Duration High Yield Fund Z Gross Acc

Key Stats
Morningstar® CategoryUSD High Yield Bond
Manager Name-
Inception Date30/04/2010
NAV 26/05/2017GBX 134.60
Day Change0.07%
12 Month Yield4.07%
ISINGB00B59VLT43
SEDOL
Dividend FrequencySemi-Annually
Net Assets (mil) 30/04/2017860.53 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time12:00
Regular InvestmentYes
Actual Initial Charge-
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.76%
AMC0.75%
Fund Rebate-

Morningstar Rating™

1 Star

Morningstar Sustainability Rating

Average

Average


Sustainability Rating as of 31/03/2017

Benchmarks

Fund Benchmark

Not Benchmarked

Morningstar® Benchmark

Bloomberg Barclays US Corporate High Yield TR USD

Growth Of 10,000 (GBP) 30/04/2017

How has this security performed
20132014201520162017
Fund4.000.29-0.084.660.85
Category4.466.14-0.7334.38-1.35
Benchmark5.458.831.0639.71-0.78
  • Fund: AXA US Short Duration High Yield Fund Z Gross Acc
  • Category: USD High Yield Bond
  • Benchmark: Bloomberg Barclays US Corporate High Yield TR USD
Trailing Returns % (GBP) 26/05/2017
FundCatBmark
YTD1.150.301.13
3 Years Annualised1.5912.0414.88
5 Years Annualised2.749.4211.70
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The aim of this Fund is to provide high yields returns. The Fund aims to deliver a high level of income by investing generally in sub-investment grade, corporate debt securities, with a bias towards shorter maturities, issued by companies with their predominant place of business in the US. The Fund may also invest in transferable securities, derivatives, cash, deposits, units in collective investment schemes and money market instruments. Use may be made of stocklending, borrowing, cash holdings, hedging and other investment techniques permitted in the applicable Financial Conduct Authority Rules.

Portfolio Profile30/04/2017

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.000.000.00
Bonds98.350.0098.35
Cash124.56122.911.65
Other0.000.000.00
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond96.70
Cash & Equivalents6.00
Convertible1.65
Future/Forward-4.35
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
1011778 B.C. Unlimited Liabili 144A 6% 2022-04-01Canada1.24
Rite Aid 6.75% 2021-06-15United States1.21
Jbs Usa Llc / Jbs Usa Fin 144A 8.25% 2020-02-01United States1.12
Alliance Data Sys 144A 6.375% 2020-04-01United States1.04
Tenet Healthcare 6.25% 2018-11-01United States1.03
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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