M&G Global Fltng Rt Hi Yld GBP I-H Inc (FUND:BMP3SD6) - Fund price - Overview

Fund Report

M&G Global Floating Rate High Yield Fund Sterling I-H Inc

Key Stats
Morningstar® CategoryGlobal High Yield Bond - GBP Hedged
Manager Name-
Inception Date11/09/2014
NAV 24/05/2018GBX 98.41
Day Change-0.02%
12 Month Yield4.21%
ISINGB00BMP3SD68
SEDOLBMP3SD6
Dividend FrequencyQuarterly
Net Assets (mil) 31/01/20185,489.42 USD
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
Ongoing Cost0.83%
AMC0.65%
Fund Rebate-

Morningstar Rating™

4 Stars

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

BofAML Global Floating Rate HY 3% const

Morningstar® Benchmark

ICE BofAML Global High Yield Constrained

Growth Of 10,000 (GBP) 30/04/2018

How has this security performed
201320142015201620172018
Fund--0.287.313.051.20
Category---2.6511.735.82-0.71
Benchmark---2.1115.666.71-0.71
  • Fund: M&G Global Floating Rate High Yield Fund Sterling I-H Inc
  • Category: Global High Yield Bond - GBP Hedged
  • Benchmark: ICE BofAML Global High Yield Constrained
Trailing Returns % (GBP) 24/05/2018
FundCatBmark
YTD0.93-1.05-1.17
3 Years Annualised3.033.334.46
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

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

Investment Objective

The Fund aims to maximise total return (the combination of income and growth of capital). The Fund invests on a global basis mainly in high yield corporate or government floating rate notes and asset backed securities denominated in any currency. Floating rate note exposure may be achieved either directly or through government securities combined with credit default swaps, interest rate swaps, asset swaps or other credit derivatives. The Fund may also invest in other government and public securities and other transferable securities, collective investment schemes, cash and near cash, deposits, warrants, money market instruments and other derivative instruments.

Portfolio Profile31/01/2018

Morningstar Style Box®

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks0.510.000.51
Bonds117.2137.2779.94
Cash19.022.4116.61
Other2.940.002.94
Top Fixed Income Sectors
Fixed Income Sector%
Corporate Bond63.07
Cash & Equivalents17.19
Government17.00
Swap1.73
Agency Mortgage Backed0.77
Top Holdings
NameCountry%
IncreaseDecreaseNew since last portfolio
IncreaseNorthern Trust Global US Dollar D Ireland8.98
US Treasury Note 0.645% 2019-01-31United States6.39
US Treasury Note 0.89% 2019-04-30United States4.56
Wind Tre Spa FRN 2024-01-20Italy3.63
1167732 CDS USD R F 5.00000 2020-12-20United States3.49
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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