M&G Global Floating Rate High Yield Fund Sterling E-H AccRegister to Unlock Ratings |
Performance History | 31/07/2024 |
Growth of 1,000 (GBP) | Advanced Graph |
![]() | Fund | 0.2 | 6.1 | -1.3 | 12.5 | 5.5 |
![]() | +/-Cat | -3.4 | 2.2 | 9.5 | 1.3 | 0.8 |
![]() | +/-B’mrk | -4.7 | 1.3 | 10.4 | -0.3 | 0.9 |
Category: Global High Yield Bond - GBP Hedged | ||||||
Category Benchmark: Morningstar Gbl HY Bd GR Hd... |
Key Stats | ||
NAV 14/08/2024 | GBX 146.04 | |
Day Change | -0.38% | |
Morningstar Category™ | Global High Yield Bond - GBP Hedged | |
IA (formerly IMA) Sector | £ High Yield | |
ISIN | GB00BMTRV795 | |
Fund Size (Mil) 14/08/2024 | GBP 229.96 | |
Share Class Size (Mil) 14/08/2024 | GBP 4.58 | |
Max Initial Charge | - | |
Ongoing Charge 24/03/2022 | 0.43% |
Morningstar Research |
Analyst Report | 30/06/2024 Morningstar Manager Research, Morningstar, Inc |
M&G Global Floating Rate High Yield is a differentiated proposition that offers global high-yield bond exposure with negligible interest-rate duration. But the necessity to hold a liquidity buffer given the illiquidity of the underlying has... | |
Click here to read this analyst report on the underlying fund. |
Morningstar Pillars | |
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People | 24 |
Parent | 23 |
Process | 23 |
Performance | |
Price |
Investment Objective: M&G Global Floating Rate High Yield Fund Sterling E-H Acc |
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. |
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Management | ||
Manager Name Start Date | ||
James Tomlins 11/09/2014 | ||
Inception Date 11/09/2014 |
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Category Benchmark | |
Fund Benchmark | Morningstar Benchmark |
ICE BofAML Glb Fl Rate HY 3% Hdg TR USD | Morningstar Gbl HY Bd GR Hdg GBP |
Target Market | ||||||||||||||||||||
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Portfolio Profile for M&G Global Floating Rate High Yield Fund Sterling E-H Acc | 31/07/2024 |
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