MI TwentyFour AM Dynamic Bond M Inc Grs (FUND:B8BG8H5) - Fund price


Fund Report

MI TwentyFour AM Dynamic Bond Fund M Income Gross shares

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Size
Share Class Size (mil)240.07 GBP
(19/09/2019)
Fund Size (mil)2,121.03 GBP
(19/09/2019)
Maturity Distribution % 31/08/2019
FundCategory
1 to 3 Years12.3811.11
3 to 5 Years19.5713.26
5 to 7 Years9.2518.76
7 to 10 Years14.1523.94
10 to 15 Years10.785.17
15 to 20 Years5.145.89
20 to 30 Years14.248.67
Over 30 Years8.527.50
FundCategory
Effective Maturity (Y)-8.74
Effective Duration-4.63
Average Credit QualityBBBB
Credit Quality Breakdown % 31/08/2019
FundCategory
AAA30.9213.41
AA0.009.66
A0.247.87
BBB7.2231.18
BB21.3218.58
B40.2912.50
Below B0.001.56
Not Rated0.005.24

Asset Allocation % 31/08/2019

Asset Allocation
LongShortNetCat
Stocks1.970.001.970.52
Bonds77.280.0077.2871.68
Cash5.290.175.1224.80
Other15.630.0015.633.00
Fixed Income Sector Weightings % 31/08/2019
FundCategory
Government33.0815.55
Treasury31.8123.68
Inflation-Protected0.002.38
Agency/Quasi Agency0.871.69
Government Related1.27-10.50
Corporate52.2656.72
Corporate Bond36.0852.36
Bank Loan0.000.14
Convertible16.184.03
Preferred0.000.19
Securitized9.366.52
Agency Mortgage Backed1.181.80
Non-Agency Residential Mortgage Backed0.000.15
Commercial Mortgage Backed0.000.21
Asset Backed8.183.39
Covered Bond0.000.98
Municipal0.000.00
Cash & Equivalents4.76-23.75
Derivative0.5444.95

Top 10 Holdings31/08/2019

Assets in Top 10 Holdings %37.98
Total Number of Equity Holdings1
Total Number of Bond Holdings192
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseUnited States Treasury Notes 1.75% 2021-07-31United States7.75
IncreaseUnited States Treasury Notes 2.12% 2024-03-31United States7.64
DecreaseUnited States Treasury Notes 2.62% 2029-02-15United States5.61
New since last portfolioUnited States Treasury Notes 1.12% 2020-03-31United States3.73
Spain (Kingdom of) 1.85% 2035-07-30Spain3.66
DecreaseUnited States Treasury Bonds 3.38% 2048-11-15United States2.35
DecreaseUnited States Treasury Notes 1% 2019-11-30United States2.02
DecreaseCoventry Building Society 6.88% United Kingdom2.01
Nationwide Building Society United Kingdom1.97
Skandinaviska Enskilda Banken AB (publ) 5.75% Sweden1.24
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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