Royal London Corporate Bond M Acc (FUND:B87FJ40) - Fund price


Fund Report

Royal London Corporate Bond Fund M Acc

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Size
Share Class Size (mil)653.50 GBP
(29/01/2021)
Fund Size (mil)1,419.65 GBP
(29/01/2021)
Maturity Distribution % 31/01/2021
FundCategory
1 to 3 Years3.165.62
3 to 5 Years2.5612.12
5 to 7 Years9.239.67
7 to 10 Years14.5616.77
10 to 15 Years18.8013.45
15 to 20 Years14.4113.64
20 to 30 Years19.869.74
Over 30 Years16.4816.03
FundCategory
Effective Maturity (Y)-11.67
Effective Duration7.718.29
Average Credit QualityBBBBB
Credit Quality Breakdown % 31/01/2021
FundCategory
AAA3.919.72
AA5.869.26
A20.2924.52
BBB49.5445.53
BB10.444.32
B1.511.46
Below B0.000.08
Not Rated8.455.12

Asset Allocation % 31/01/2021

Asset Allocation
LongShortNetCat
Stocks0.950.000.950.06
Bonds95.021.6193.4193.28
Cash16.1714.132.043.33
Other3.600.003.603.34
Fixed Income Sector Weightings % 31/01/2021
FundCategory
Government-0.8812.18
Treasury0.264.03
Inflation-Protected0.000.02
Agency/Quasi Agency0.444.35
Government Related-1.148.13
Corporate66.8073.48
Corporate Bond63.5771.25
Bank Loan0.000.00
Convertible2.112.13
Preferred1.120.10
Securitized32.0211.75
Agency Mortgage Backed14.013.76
Non-Agency Residential Mortgage Backed0.000.00
Commercial Mortgage Backed0.000.00
Asset Backed14.186.12
Covered Bond3.821.87
Municipal0.000.00
Cash & Equivalents1.88-1.24
Derivative0.183.84

Top 10 Holdings31/01/2021

Assets in Top 10 Holdings %12.09
Total Number of Equity Holdings1
Total Number of Bond Holdings300
NameCountry%
IncreaseDecreaseNew since last portfolio
Aviva Plc 6.88% 2058-05-20United Kingdom1.86
IncreaseHSBC Bank plc 4.75% 2046-03-24United Kingdom1.74
10 Year Treasury Note Future Mar 21 2021-03-311.56
DecreaseHSBC Bank plc 5.38% 2033-08-22United Kingdom1.29
Thames Water Utilities Finance PLC 7.74% 2058-04-09United Kingdom1.24
Lloyds Bank plc 6% 2029-02-08United Kingdom1.16
M&G PLC 6.34% 2063-12-19United Kingdom1.04
Electricite de France SA 5.88% France1.01
Electricite de France SA 6% France0.98
Axa SA 6.69% France0.92
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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