NN (L) FLEX Senior Lns I Dis(M) GBP H i (FUND:B79K719) - Fund price - Overview

Fund Report

NN (L) Flex Senior Loans - I Dis(M) GBP (hedged i)

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date15/06/2009
NAV 19/09/2017GBP 4,842.96
Day Change0.28%
12 Month Yield3.05%
ISINLU0428438732
SEDOL
Dividend FrequencyMonthly
Net Assets (mil) 30/06/20175,385.26 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment-
Pricing FrequencyDaily
Dealing Cut off Time00:00
Regular InvestmentNo
Actual Initial Charge-
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge-
AMC0.69%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

S&P/LSTA Leveraged Loan TR EUR H

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 31/08/2017

How has this security performed
20132014201520162017
Fund4.811.890.947.020.77
  • Fund: NN (L) Flex Senior Loans - I Dis(M) GBP (hedged i)
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 19/09/2017
Fund
YTD0.87
3 Years Annualised2.92
5 Years Annualised3.37
10 Years Annualised-

Morningstar SRRI

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

Investment Objective

The objective of this sub-fund is to provide a high level of risk-adjusted monthly income. It is the policy of this sub-fund to invest in higher yielding, floating rate senior loans (Senior Loans) and other senior floating rate debt instruments (collectively with Senior Loans hereinafter referred to as Senior Instruments) issued by U.S. and non-U.S. corporations and other business entities. The Senior Instruments in which the Fund invests are typically rated below investment grade credit quality or, if not rated, will be of equivalent credit quality. All of the Senior Instruments in which the sub-fund invests will have floating rates of interest.

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
Bonds83.040.0083.04
Cash169.89145.1824.72
Other0.548.30-7.76
Top Fixed Income Sectors
Fixed Income Sector%
Bank Loan76.99
Cash & Equivalents21.92
Future/Forward1.00
Corporate Bond0.09
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseNN (L) Liquid EUR E Cap EUR Luxembourg2.39
T/L Avolon Tlb Borrower 1 S A R L Regd 2022-03-21United States0.81
T/L Petsmart Inc Regd 2022-03-11United States0.80
New since last portfolioT/L Team Heal Inc 2024-02-06United States0.76
DecreaseT/L Asurion Llc Regd 2022-08-04United States0.73
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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