Morningstar Fund Report  | 10/04/2025Print

M&G Global Dividend Fund Sterling R Inc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
M&G Global Dividend Fund Sterling R Inc
Fund13.94.48.120.8-3.6
+/-Cat-4.35.10.810.4-4.4
+/-B’mrk-6.4-2.43.47.4-4.3
 
Category: Global Equity Income
Category Benchmark: Morningstar Gbl High Div Yl...
Key Stats
NAV
10/04/2025		 GBX 222.53
Day Change 5.20%
Morningstar Category™ Global Equity Income
IA (formerly IMA) Sector Global Equity Income
ISIN GB00B6VRX242
Fund Size (Mil)
09/04/2025		 GBP 1956.39
Share Class Size (Mil)
09/04/2025		 GBP 10.43
Max Initial Charge -
Ongoing Charge
14/02/2025		  0.91%
Morningstar Research
Analyst Report19/12/2024
Jeffrey Schumacher, Director
Morningstar, Inc

The strategy, which includes M&G Global Dividend and M&G (Lux) Global Dividend, benefits from a talented manager and a proven process. It earns a Morningstar Analyst Rating of Silver for the cheapest share classes, while more expensive ones...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process24
Performance
Price
Investment Objective: M&G Global Dividend Fund Sterling R Inc
The Fund has three aims: To deliver an income stream that increases every year; To deliver a yield above that available from the MSCI ACWI Index over any five-year period; To deliver a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the MSCI ACWI Index over any five-year period. At least 70% of the fund is invested in a range of global equities. The Fund may invest across a wide range of geographies, sectors and market capitalisations.
Returns
Trailing Returns (GBP)10/04/2025
YTD-8.27
3 Years Annualised5.66
5 Years Annualised14.00
10 Years Annualised9.00
12 Month Yield 3.13
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Stuart Rhodes
18/07/2008
Kathryn Leonard
17/06/2024
Inception Date
03/08/2012

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR GBPMorningstar Gbl High Div Yld NR USD
Portfolio Profile for  M&G Global Dividend Fund Sterling R Inc31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock97.770.0097.77
Bond0.020.000.02
Property0.000.000.00
Cash2.580.362.22
Other0.000.000.00
Top 5 Regions%
United States40.20
Canada17.61
United Kingdom17.05
Eurozone7.50
Europe - ex Euro6.19
Top 5 Sectors%
Consumer Defensive15.59
Financial Services15.31
Healthcare14.64
Technology13.23
Consumer Cyclical12.34
Top 5 HoldingsSector%
Imperial Brands PLCConsumer DefensiveConsumer Defensive8.01
Microsoft CorpTechnologyTechnology5.49
Methanex CorpBasic MaterialsBasic Materials5.31
Amcor PLC Ordinary SharesConsumer CyclicalConsumer Cyclical4.72
Keyera CorpEnergyEnergy4.32
Increase Decrease New since last portfolio
M&G Global Dividend Fund Sterling R Inc
Growth Of 1000 (GBP) 31/03/2025
Fund:  M&G Global Dividend Fund Sterling R Inc
Category:  Global Equity Income
Category Index:  Morningstar Gbl High Div Yld NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-7.3319.2510.1113.924.378.1220.81-3.59
+/- Category-1.432.348.22-4.345.140.8510.42-4.38
+/- Category Index----6.43-2.443.377.44-4.33
% Rank in Category682712872044588
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day5.20   6.181.77
1 Week-3.45   4.332.41
1 Month-8.47   1.00-1.72
3 Months-10.04   -1.74-3.24
6 Months-4.94   1.07-1.37
YTD-8.27   -1.82-3.27
1 Year4.60   5.833.36
3 Years Annualised5.66   2.300.78
5 Years Annualised14.00   4.692.92
10 Years Annualised9.00   1.911.21
 
Category: Global Equity Income
Category Index: Morningstar Gbl High Div Yld NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-3.59---
20244.814.893.156.54
20233.080.21-2.277.10
20226.10-6.63-0.946.36
20212.714.524.771.29
2020-22.9821.421.2016.34
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAbove Average3 star
5-YearHighHigh5 star
10-YearHighHigh4 star
Overall*HighHigh4 star
 
Category :  Global Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev11.39 %
3-Yr Mean Return8.08 %
 
3-Yr Sharpe Ratio0.34
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl High Div Yld NR USD  Morningstar UK Adv Tgt Alloc NR GBP
3-Yr Beta1.001.00
3-Yr Alpha0.210.64
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 35622-
Market Capitalisation% of Equity
Giant24.79
Large38.49
Medium23.32
Small12.99
Micro0.40
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings14.000.88
Price/Book2.310.90
Price/Sales1.080.58
Price/Cash Flow9.230.83
Dividend-Yield Factor3.931.18
 
Long-Term Projected Earnings Growth7.580.85
Historical Earnings Growth-0.75-0.19
Sales Growth3.040.95
Cash-Flow Growth7.266.69
Book-Value Growth0.900.20
 
Category: Global Equity Income
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock97.770.0097.77
Bond0.020.000.02
Property0.000.000.00
Cash2.580.362.22
Other0.000.000.00
World Regions31/03/2025
 % of EquityRelative to Category
United States40.200.81
Canada17.616.20
Latin America0.000.00
United Kingdom17.051.84
Eurozone7.500.42
Europe - ex Euro6.190.82
Europe - Emerging0.000.00
Africa0.494.57
Middle East0.000.00
Japan3.420.81
Australasia2.151.71
Asia - Developed5.401.04
Asia - Emerging0.000.00
 
Category: Global Equity Income
Sector Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials8.282.23
Consumer CyclicalConsumer Cyclical12.341.57
Financial ServicesFinancial Services15.310.75
Consumer DefensiveConsumer Defensive15.591.38
HealthcareHealthcare14.641.15
UtilitiesUtilities2.440.61
Communication ServicesCommunication Services4.160.72
EnergyEnergy8.572.12
IndustrialsIndustrials5.440.44
TechnologyTechnology13.230.81
 
Category: Global Equity Income
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings39
Total Number of Bond Holdings0
Assets in Top 10 Holdings46.93
NameSectorCountry% of Assets
Imperial Brands PLC205United Kingdom8.01
Microsoft Corp311United States5.49
Methanex Corp101Canada5.31
Amcor PLC Ordinary Shares102United Kingdom4.72
Keyera Corp309Canada4.32
Bristol-Myers Squibb Co206United States4.27
Meta Platforms Inc Class A308United States4.07
Gibson Energy Inc309Canada4.06
Takeda Pharmaceutical Co Ltd206Japan3.34
KONE Oyj Class B310Finland3.33
 
Increase Decrease New since last portfolio
Category: Global Equity Income
 
Management
Name of CompanyM&G Securities Ltd
Phone+44 (0)800 390 390
Websitewww.mandg.co.uk
Address10 Fenchurch Avenue
 London   EC3M 5AG
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date03/08/2012
Fund Advisor(s)
M&G Investment Management Limited
Fund ManagerStuart Rhodes
Manager Start Date18/07/2008
Career Start Year2004
Education
2003, Bath University, B.A.
 
Biography
Stuart Rhodes joined M&G in 2004 as a global equity analyst after graduating from Bath University with a degree in business administration. Stuart has been the manager of the M&G Global Dividend strategy since it was launched in July 2008. In April 2015 he was appointed deputy manager of the M&G North American Dividend strategy and in January 2019 of the M&G Global Themes strategy. Stuart is a CFA charterholder.
Fund ManagerKathryn Leonard
Manager Start Date17/06/2024
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.91%
Ongoing Charge0.91%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings-
Tax Free Savings Schemes
ISAsYes