M&G Global Fltng Rt Hi Yld GBP I-H Inc
£ High YieldPricing frequency
Daily
Dealing cut off time
10:45
Type
OEIC
Yield
8.31%
NAV
90.92p
Ongoing charge
0.63%
Latest actual NAV date
28-03-2024
ISIN
GB00BMP3SD68
UCITS
Yes
This fund can be held in a Dealing accountISALifetime ISAJISASIPPand can be used with Regular investment
Before investing please read:
Growth of 10k
Asset allocation
Top 10 holdings
Holdings 31/01/2024 | % of assets |
---|---|
Northern Trust Global US Dollar D | 9.50 |
United States Treasury Notes 5.41953% | 3.67 |
Cedacri S.p.A. 8.627% | 3.22 |
Brunello Bidco S.p.A 7.692% | 3.12 |
Paganini Bidco SPA 8.137% | 2.97 |
Cerved Group S.p.A. 9.175% | 2.70 |
Lion/Polaris Lux 4 SAS 7.925% | 2.59 |
Evoca S.p.A 8.218% | 2.31 |
888 Acquisitions Ltd. 9.442% | 1.91 |
Vertical Midco GmbH 8.692% | 1.78 |
Investment objective
The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the ICE BofAML Global Floating Rate High Yield Index (3% constrained) USD Hedged over any five-year period. At least 70% of the Fund is invested, directly or indirectly, in below investment grade corporate and government Floating Rate Notes. These securities can be issued or guaranteed by governments and their agencies, public authorities, quasi-sovereigns, supranational bodies and companies from anywhere in the world, including Emerging Markets. These securities can be denominated in any currency.
Morningstar ratingTM
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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