Muzinich ShortDurationHY HGBP Inc H (FUND:B96JNQ0) - Fund price - Overview

Fund Report

Muzinich ShortDurationHighYield Fund Hedged GBP Income H Units

Key Stats
Morningstar® CategoryHigh Yield Bond - Other Hedged
Manager Name-
Inception Date09/01/2013
NAV 21/03/2018GBP 86.07
Day Change0.00%
12 Month Yield4.75%
Dividend FrequencySemi-Annually
Net Assets (mil) 31/01/20183,174.64 USD
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time14:00:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Ongoing Cost0.68%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating

Sustainability Rating as of -


Fund Benchmark


Morningstar® Benchmark

Not Categorized

Growth Of 10,000 (GBP) 28/02/2018

How has this security performed
  • Fund: Muzinich ShortDurationHighYield Fund Hedged GBP Income H Units
  • Category: High Yield Bond - Other Hedged
  • Benchmark: Not Categorized
Trailing Returns % (GBP) 21/03/2018
3 Years Annualised1.94
5 Years Annualised2.11
10 Years Annualised-

Morningstar SRRI

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

Investment Objective

The Sub-Fund seeks to achieve attractive, low volatility returns through prudent investments in short duration high yield bonds. The Sub-Fund will attempt to deliver average annual gross returns significantly in excess over similar duration government bonds.

Portfolio Profile31/01/2018

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 Bond87.37
Bank Loan9.78
Cash & Equivalents2.74
Asset Backed0.11
Top Holdings
IncreaseDecreaseNew since last portfolio
DecreaseCCO Holdings, LLC/ CCO Holdings Capital Corp. 5.25% SNR PIDI NTS 30/09/2022 2022-09-30United States1.36
Western Digital Corp. 10.5% SNR PIDI NTS 01/04/2024 USD (SEC REGD) 2024-04-01United States1.34
Aramark Services, Inc. 5.125% SNR PIDI NTS 15/01/2024 USD (SEC REGD) 2024-01-15United States1.30
Neptune Finco Corp 10.125% SNR PIDI NTS 15/01/2023 USD (144A) 2023-01-15United States1.28
Clear Channel Worldwide Holdings Inc. 6.5% SNR PIDI NTS 15/11/2022 USD (SEC 2022-11-15United States1.22
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 4 Exchange Quay, Salford Quays, Manchester M5 3EE. 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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