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

Fund Report

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

Key Stats
Morningstar® CategoryOther Bond
Manager Name-
Inception Date12/06/2009
NAV 02/12/2016GBP 4,878.92
Day Change0.06%
12 Month Yield3.74%
Dividend FrequencyMonthly
Net Assets (mil) 31/08/20164,139.21 EUR
Wrapper AvailabilityAll
Our Minimum Initial Investment250,000.00 GBP
Pricing FrequencyDaily
Dealing Cut off Time13:30:00
Regular InvestmentNo
Actual Initial Charge0.00%
Exit Charge0.00%
Custody ChargeYes
Fund Ongoing Charge-
Fund Rebate-

Morningstar Rating™

Not Rated


Fund Benchmark

S&P/LSTA Leveraged Loan TR EUR H

Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
  • Fund: NN (L) FLEX Senior Loans - I Dis(M) GBP (hedged i)
  • Category: Other Bond
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 02/12/2016
3 Years Annualised3.11
5 Years Annualised4.63
10 Years Annualised-

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
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  • 5
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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 Profile31/08/2016

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%
Bank Loan71.94
Cash & Equivalents28.34
Corporate Bond0.21
Top Holdings
IncreaseDecreaseNew since last portfolio
IncreaseNN (L) Liquid-Eur E Cap Luxembourg2.77
T/L Dell International Llc Tl B 2023-06-02United States1.20
T/L Petsmart Inc Tl B 2022-03-10United States1.16
T/L Dell International Llc Tl B2 2020-04-29United States1.11
DecreaseT/L First Data Corporation 2021-03-24United States0.94
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 Trafford House, Chester Road, Manchester M32 0RS. 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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