Threadneedle Eurp HY Bd Z Acc GBP (FUND:B894NV0) - Fund price - Overview

Fund Report

Threadneedle European High Yield Bond Fund Z Accumulation GBP (GBP)

Key Stats
Morningstar® CategoryEurope High Yield Bond
Manager NameMichael Poole
Inception Date26/09/2013
NAV 28/04/2017GBX 119.42
Day Change0.09%
12 Month Yield4.22%
Dividend FrequencyAnnually
Net Assets (mil) 31/03/2017755.10 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time10:30:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge0.73%
Fund Rebate-

Morningstar Rating™


Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark

BofAML Euro HY Cons ExSub Fincl TR HEUR

Morningstar® Benchmark

BofAML European Currency High Yield Constrained TR Hdg EUR

Morningstar Analyst Rating™ *


Growth Of 10,000 (GBP) 31/03/2017

How has this security performed
  • Fund: Threadneedle European High Yield Bond Fund Z Accumulation GBP (GBP)
  • Category: Europe High Yield Bond
  • Benchmark: BofAML European Currency High Yield Constrained TR Hdg EUR
Trailing Returns % (GBP) 28/04/2017
3 Years Annualised4.845.245.77
5 Years Annualised6.958.169.43
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
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Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The fund aims to achieve a total return, overtime, predominantly by way of income. The ACD’s investment policy is to invest the assets of the Fund primarily in corporate fixed interest securities of corporates with higher risk (that is non-investment grade credit) issued predominantly in Euro or Sterling. Where securities are non-Euro denominated it is intended they will typically be hedged into Euro. The ACD will invest predominantly in issues issued by companies domiciled in Europe, or with significant European operations. If the ACD considers it desirable it may further invest in other securities (including fixed interest securities, other equities and money market securities).

Portfolio Profile31/03/2017

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 Bond94.27
Cash & Equivalents2.42
Non-Agency Residential Mortgage Backed1.31
Government Related0.91
Top Holdings
IncreaseDecreaseNew since last portfolio
Gaz Cap Sa 6.51% 2022-03-07Luxembourg1.84
Wind Acquisition F 7% 2021-04-23Luxembourg1.66
Altice Sa 7.25% 2022-05-15Luxembourg1.14
Fiat Chry Fin Eur 6.75% 2019-10-14Luxembourg1.11
Enel Spa 2075-01-15Italy1.05
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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