BNY Mellon Corporate Bond Inst W Acc (FUND:B8KDLX4) - Fund price


Fund Report

BNY Mellon Corporate Bond Fund Institutional W Accumulation

Key Stats
Morningstar® CategoryGBP Corporate Bond
Manager NameAdam Mossakowski
Inception Date03/09/2012
NAV 20/01/2020GBP 1.48
Day Change-0.06%
12 Month Yield-
ISINGB00B8KDLX41
Dividend FrequencyQuarterly
Net Assets (mil) 31/12/201926.94 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time11:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.72%
AMC0.50%
Fund Rebate-

Morningstar Rating™

StarRatingValueLabel_3

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

Markit iBoxx GBP Collateralized&Corp TR

Morningstar® Benchmark

Markit iBoxx GBP NonGilts TR

Growth Of 10,000 (GBP) 31/12/2019

How has this security performed
201420152016201720182019
Fund9.33-0.4511.636.75-3.8810.15
Category10.680.389.714.84-2.319.62
Benchmark12.200.4910.664.33-1.539.27
  • Fund: BNY Mellon Corporate Bond Fund Institutional W Accumulation
  • Category: GBP Corporate Bond
  • Benchmark: Markit iBoxx GBP NonGilts TR
Trailing Returns % (GBP) 20/01/2020
FundCatBmark
YTD2.261.741.80
3 Years Annualised5.264.884.93
5 Years Annualised4.634.464.35
10 Years Annualised5.966.376.35

Morningstar SRRI

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

Investment Objective

The Sub-Fund seeks to generate a return through a combination of income and capital returns. The Sub-Fund targets the outperformance of the Markit iBoxx GBP Collateralized & Corporate Index by 1.5% per annum before fees on a rolling annualised three year basis (meaning a period of three years, no matter which day you start on). However, performance is not guaranteed and a capital loss may occur.

Portfolio Profile31/12/2019

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.090.000.09
Bonds87.720.0687.66
Cash8.650.328.33
Other4.050.123.93
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond53.82
Asset Backed14.21
Agency Mortgage Backed9.15
Cash & Equivalents8.30
Government6.38
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseILF GBP Liquidity 2 Ireland7.41
SLM Student Loan Trust 2003-10 2039-12-15United States2.25
AA Bond Co Limited 6.27% 2043-07-02United Kingdom2.19
Bnp Paribas Sa 3.38% 2026-01-23France2.00
CPUK Finance Limited 3.69% 2047-02-28United Kingdom1.83
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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