Morningstar Fund Report  | 10/04/2025Print

EdenTree Sterling Bond Fund B Inc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
EdenTree Sterling Bond Fund B Inc
Fund-0.3-13.68.03.41.1
+/-Cat3.04.01.82.80.3
+/-B’mrk4.69.83.36.30.6
 
Category: GBP Diversified Bond
Category Benchmark: Morningstar UK Core Bd GR GBP
Key Stats
NAV
10/04/2025		 GBX 96.44
Day Change 0.65%
Morningstar Category™ GBP Diversified Bond
IA (formerly IMA) Sector £ Strategic Bond
ISIN GB00B2PF8D20
Fund Size (Mil)
28/02/2025		 GBP 239.05
Share Class Size (Mil)
09/04/2025		 GBP 208.33
Max Initial Charge 2.00%
Ongoing Charge
31/12/2023		  0.63%
Investment Objective: EdenTree Sterling Bond Fund B Inc
The Fund aims to generate a regular level of income payable quarterly. The EdenTree Sterling Bond Fund seeks to invest in a highly diversified portfolio of Government bonds and good quality fixed-interest securities issued by companies. The Fund’s investments will be at least 80% denominated in Sterling but the Fund may invest in other currency bonds and securities that the Manager thinks appropriate to meet the investment objective. The portfolio will consist of at least 80% listed securities but the Manager may also invest in units in collective investment schemes, money-market instruments, derivatives and forward transactions, deposits, nil and partly-paid securities, bonds, convertible bonds, cash and near cash as deemed economically appropriate to meet the Fund’s objective. At least 70% of the fund’s assets will be invested in line with the sustainability approach.
Returns
Trailing Returns (GBP)10/04/2025
YTD-0.07
3 Years Annualised0.35
5 Years Annualised1.13
10 Years Annualised2.02
12 Month Yield 4.50
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
David Katimbo-Mugwanya
01/09/2016
Inception Date
07/04/2008

Category Benchmark
Fund BenchmarkMorningstar Benchmark
Markit iBoxx GBP NonGilts TRMorningstar UK Core Bd GR GBP
Portfolio Profile for  EdenTree Sterling Bond Fund B Inc31/03/2025
Fixed Income
Effective Maturity10.60
Effective Duration7.04
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond94.910.0094.91
Property0.000.000.00
Cash2.541.221.32
Other3.430.003.43
Growth Of 1000 (GBP) 31/03/2025
Fund:  EdenTree Sterling Bond Fund B Inc
Category:  GBP Diversified Bond
Category Index:  Morningstar UK Core Bd GR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-2.298.776.38-0.31-13.638.043.421.10
+/- Category-0.791.23-0.592.994.011.792.780.26
+/- Category Index-2.331.00-2.004.569.763.316.310.58
% Rank in Category762963538181917
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.65   1.301.69
1 Week-1.23   0.160.01
1 Month-1.37   -0.45-0.36
3 Months1.42   0.500.21
6 Months-0.16   0.491.98
YTD-0.07   0.040.29
1 Year2.53   0.733.62
3 Years Annualised0.35   1.625.71
5 Years Annualised1.13   2.366.66
10 Years Annualised2.02   1.112.45
 
Category: GBP Diversified Bond
Category Index: Morningstar UK Core Bd GR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.10---
20241.040.412.78-0.82
20230.93-2.842.237.76
2022-4.35-7.01-7.625.11
2021-1.101.56-0.44-0.31
2020-6.257.002.263.70
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAverage3 star
5-YearHighAverage5 star
10-YearHighAverage5 star
OverallHighAverage5 star
 
Category :  GBP Diversified BondClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev7.76 %
3-Yr Mean Return0.96 %
 
3-Yr Sharpe Ratio-0.40
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Core Bd GR GBP  Morningstar UK Corp Bd GR GBP
3-Yr Beta0.690.69
3-Yr Alpha3.250.40
 
Fixed Income Style30/09/2024
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 241
Maturity Distribution %
1 to 36.78
3 to 513.66
5 to 78.37
7 to 1016.32
10 to 157.93
15 to 209.33
20 to 3029.67
Over 306.28
Effective Maturity10.60
Effective Duration7.04
Credit Quality Breakdown %     %
AAA2.68   BB6.71
AA12.11   B1.42
A11.58   Below B2.68
BBB51.68   Not Rated11.14
 
Category: GBP Diversified Bond
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond94.910.0094.91
Property0.000.000.00
Cash2.541.221.32
Other3.430.003.43
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings115
Assets in Top 10 Holdings15.22
NameSectorCountry% of Assets
Reassure Group PLC 5.867%United Kingdom1.69
Rothesay Life PLC 7.019%United Kingdom1.62
Society of Lloyd's 4.875%United Kingdom1.55
Co-Operative Bank Holdings Ltd(The) 1... United Kingdom1.54
European Investment Bank 5%1.52
DS Smith PLC 2.875%United Kingdom1.49
Coventry Building Society 12.125%United Kingdom1.47
Legal & General Group PLC 5.125%United Kingdom1.46
Co-operative Group Ltd 11%United Kingdom1.46
Standard Chartered PLC 5.125%United Kingdom1.42
 
Increase Decrease New since last portfolio
Category: GBP Diversified Bond
 
Management
Name of CompanyEdenTree Investment Management Limited
Phone+44 0800 011 3821
Websitewww.edentreeim.com
Address24 Monument Street
 London   EC3R 8AJ
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date07/04/2008
Fund Advisor(s)
EdenTree Asset Management Limited
Fund ManagerDavid Katimbo-Mugwanya
Manager Start Date01/09/2016
Education
University of Essex, B.Sc
 
Biography
David leads on EdenTree’s responsible and sustainable fixed income strategies, including the Sterling Bond Fund, the Short-Dated Bond Fund and co-manages the Global Impact Bond Fund. David joined EdenTree in 2015 and possesses over a decade of investment expertise across sovereigns, corporate debt and money markets. His previous experience at Epworth Investment Management saw him managing fixed income portfolios via designated mandates as well as bespoke solutions. Along with a BSc. Economics degree from the University of Essex, David is a CFA Charterholder. David is a member of the London Stock Exchange’s Primary Markets Group, an advisory group to the LSE on all matters affecting primary capital markets.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge2.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.55%
Ongoing Charge0.63%
Purchase Details
Minimum Investments
Initial1000000  GBP
Additional1000000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes