Muzinich ShortDurationHY HGBP Inc S (FUND:B5VGYN2) - Fund price

Fund Report

Muzinich ShortDurationHighYield Fund Hedged GBP Income S Units

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date29/09/2011
NAV 24/06/2019GBP 84.42
Day Change0.06%
12 Month Yield5.43%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/03/20192,448.48 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time15:00:00
Regular InvestmentYes
Actual Initial Charge5.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.58%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark


Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 31/05/2019

How has this security performed
  • Fund: Muzinich ShortDurationHighYield Fund Hedged GBP Income S Units
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 24/06/2019
3 Years Annualised2.67
5 Years Annualised2.01
10 Years Annualised-

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Sub-Fund seeks to achieve attractive, low volatility returns through prudent investments in short duration high yield bonds. The Sub-Fund will attempt to deliver average annual gross returns significantly in excess over similar duration government bonds.

Portfolio Profile31/03/2019

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 Bond86.84
Bank Loan8.02
Cash & Equivalents4.98
Asset Backed0.10
Top Holdings
IncreaseDecreaseNew since last portfolio
Sinclair Television Group, Inc. 5.38% 2021-04-01United States1.47
Clear Channel Worldwide Holdings Inc. 6.5% 2022-11-15United States1.40
Sprint Corporation 7.88% 2023-09-15United States1.27
Reynolds Group Issuer LLC. 356.29% 2021-07-15United States1.27
Michaels Stores, Inc. 5.88% 2020-12-15United States1.25
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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