Morningstar Fund Report  | 13/04/2025Print

Algebris UCITS Funds plc - Algebris Financial Credit Fund R GBP Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Algebris UCITS Funds plc - Algebris Financial Credit Fund R GBP Acc
Fund3.1-9.912.99.51.2
+/-Cat-----
+/-B’mrk-----
 
Category: Other Bond
Category Benchmark: -
Key Stats
NAV
10/04/2025		 GBP 156.25
Day Change 1.23%
Morningstar Category™ Other Bond
IA (formerly IMA) Sector Specialist Bond
ISIN IE00BMMVVZ61
Fund Size (Mil)
31/03/2025		 EUR 14931.15
Share Class Size (Mil)
31/03/2025		 GBP 7.99
Max Initial Charge 3.00%
Ongoing Charge
20/02/2025		  1.29%
Investment Objective: Algebris UCITS Funds plc - Algebris Financial Credit Fund R GBP Acc
The Fund’s objective is to provide a high level of income and generate modest capital appreciation. The Fund’s net income attributable to the Accumulating Classes shall be re-invested in the capital of the Fund.
Returns
Trailing Returns (GBP)10/04/2025
YTD-1.06
3 Years Annualised5.01
5 Years Annualised5.34
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Sebastiano Pirro
03/09/2012
Inception Date
05/10/2016

Category Benchmark
Fund BenchmarkMorningstar Benchmark
No benchmark-
Portfolio Profile for  Algebris UCITS Funds plc - Algebris Financial Credit Fund R GBP Acc31/03/2025
Fixed Income
Effective Maturity-
Effective Duration3.03
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.620.000.62
Bond79.280.0079.28
Property0.000.000.00
Cash13.320.0013.32
Other6.780.006.78
Growth Of 1000 (GBP) 31/03/2025
Fund:  Algebris UCITS Funds plc - Algebris Financial Credit Fund R GBP Acc
Category:  Other Bond
Category Index: 
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 202120222023202431/03
Price Return3.08-9.9212.929.471.25
+/- Category-----
+/- Category Index-----
% Rank in Category-
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day1.23   --
1 Week-2.17   --
1 Month-2.59   --
3 Months-0.77   --
6 Months0.35   --
YTD-1.06   --
1 Year5.95   --
3 Years Annualised5.01   --
5 Years Annualised5.34   --
10 Years Annualised-   --
 
Category: Other Bond
Category Index: 
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
20251.25---
20242.521.283.971.41
2023-2.223.491.799.63
2022-3.82-8.67-5.778.83
20211.311.500.050.20
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  Other BondClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev9.51 %
3-Yr Mean Return5.90 %
 
3-Yr Sharpe Ratio0.19
 
Modern Portfolio Statistics-31/03/2025
 Standard IndexBest Fit Index
   Morningstar UK HY Bd GR GBP
3-Yr Beta-1.11
3-Yr Alpha--1.14
 
Fixed Income Style31/03/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)EUR 14749
Maturity Distribution %
1 to 30.00
3 to 50.00
5 to 70.00
7 to 100.00
10 to 150.00
15 to 200.00
20 to 300.00
Over 300.00
Effective Maturity-
Effective Duration3.03
Credit Quality Breakdown %     %
AAA14.40   BB32.48
AA0.00   B2.60
A0.76   Below B0.00
BBB49.76   Not Rated0.00
 
Category: Other Bond
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.620.000.62
Bond79.280.0079.28
Property0.000.000.00
Cash13.320.0013.32
Other6.780.006.78
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings2
Total Number of Bond Holdings166
Assets in Top 10 Holdings15.59
NameSectorCountry% of Assets
Barclays PLC 8.875%United Kingdom1.95
Credit Agricole S.A. 5.875%France1.86
Banco Santander, S.A. 4.375%Spain1.71
Barclays PLC 9.25%United Kingdom1.65
Deutsche Bank Aktiengesellschaft, Fra... Germany1.53
Barclays PLC 8.5%United Kingdom1.49
Deutsche Bank AG 4.625%Germany1.39
Intesa Sanpaolo S.p.A. 6.375%Italy1.39
Deutsche Bank AGGermany1.31
Cooperatieve Rabobank U.A. 4.875%Netherlands1.30
 
Increase Decrease New since last portfolio
Category: Other Bond
 
Management
Name of CompanyAlgebris (UK) Limited
Phone+44 20 78511740
Website -
Address4th Floor, 1 St James’s Market, London, SW1Y 4AH
 London   SW1Y 4AH
 United Kingdom
DomicileIreland
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date05/10/2016
Fund Advisor(s)
Algebris (UK) Limited
Fund ManagerSebastiano Pirro
Manager Start Date03/09/2012
 
Biography
Mr. Sebastiano Pirro serves as Portfolio Manager, Credit at Algebris Investments. Sebastiano joined Algebris in 2012 as investment analyst covering credit opportunities and he now is credit Portfolio Manager. Prior to this, he worked in corporate finance at JP Morgan Investment Bank.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge3.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.20%
Ongoing Charge1.29%
Purchase Details
Minimum Investments
Initial10000  GBP
Additional1000  GBP
Savings-
Tax Free Savings Schemes
ISAsYes