Hermes Multi-Strategy Credit F GBP Acc H (FUND:BKRCNB0) - Fund price


Fund Report

Hermes Multi-Strategy Credit Fund F GBP Accumulating Hedged

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Size
Share Class Size (mil)196.35 GBP
(12/09/2019)
Fund Size (mil)924.49 GBP
(12/09/2019)
Maturity Distribution % 31/07/2019
FundCategory
1 to 3 Years10.2811.11
3 to 5 Years13.1313.26
5 to 7 Years13.4318.76
7 to 10 Years25.1323.94
10 to 15 Years3.915.17
15 to 20 Years3.425.89
20 to 30 Years5.768.67
Over 30 Years20.907.50
FundCategory
Effective Maturity (Y)5.358.74
Effective Duration2.464.63
Average Credit QualityBBBB
Credit Quality Breakdown % 31/07/2019
FundCategory
AAA-21.9313.41
AA0.009.66
A2.587.87
BBB28.1231.18
BB81.4318.58
B7.8412.50
Below B1.141.56
Not Rated0.825.24

Asset Allocation % 31/07/2019

Asset Allocation
LongShortNetCat
Stocks0.980.000.980.52
Bonds98.245.4092.8471.68
Cash129.82129.470.3524.80
Other5.930.105.833.00
Fixed Income Sector Weightings % 31/07/2019
FundCategory
Government1.4715.55
Treasury0.0023.68
Inflation-Protected0.002.38
Agency/Quasi Agency1.471.69
Government Related1.47-10.50
Corporate101.5256.72
Corporate Bond92.0152.36
Bank Loan3.520.14
Convertible5.984.03
Preferred0.000.19
Securitized0.076.52
Agency Mortgage Backed0.001.80
Non-Agency Residential Mortgage Backed0.000.15
Commercial Mortgage Backed0.000.21
Asset Backed0.073.39
Covered Bond0.000.98
Municipal0.000.00
Cash & Equivalents1.15-23.75
Derivative-4.2044.95

Top 10 Holdings31/07/2019

Assets in Top 10 Holdings %24.00
Total Number of Equity Holdings3
Total Number of Bond Holdings164
NameCountry%
IncreaseDecreaseNew since last portfolio
DecreaseBHP Billiton Finance Ltd. 6.5% 2077-10-22Australia3.50
Dell International L.L.C. and EMC Corporation 6.02% 2026-06-15United States2.55
Dell International L.L.C. and EMC Corporation 4.42% 2021-06-15United States2.40
Enbridge Incorporation 5.5% 2077-07-15Canada2.38
Ardagh Packaging Finance plc / Ardagh Holdings USA Inc. 4.75% 2027-07-15Ireland2.38
Air Lease Corporation 3.62% 2027-12-01United States2.29
Enterprise Products Operating LP 5.38% 2078-02-15United States2.24
Allergan Funding SCS 4.55% 2035-03-15United States2.20
Aercap Ireland Capital DAC 3.65% 2027-07-21Netherlands2.14
Charter Communications Operating, LLC/Charter Communications Operating Capi 2025-07-23United States1.92
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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