M&G Global Floating Rate High Yield Fund

Select share classes

M&G Global Floating Rate High Yield Fund Sterling I-H Inc

Category Global High Yield Bond - GBP Hedged

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

90.75p

arrow-up0.00p (+0.00%)

Fund Code

MGFRI

BMP3SD6

GB00BMP3SD68

Prices updated as at 10 Jan 2025

Prices in GBX

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.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide , Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 30/09/2024

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Fixed income style
High ltd
0.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
0
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality -
Avg wtd coupon 7.73
Modified duration -
Credit quality breakdown
Rating % of Bond
No Data

	Bond %
Avg credit quality	-
Avg wtd coupon	7.73
Modified duration	-

Rating	% of Bond
No Data

Valuation

M&G Global Floating Rate High Yield Fund Sterling I-H Inc

Global High Yield Bond - GBP Hedged

-

1.34

-

0.27

-

1.02

-

7.90

Growth rate

M&G Global Floating Rate High Yield Fund Sterling I-H Inc

Global High Yield Bond - GBP Hedged

-

0.00%

-

15.33%

Top 10 holdings

Sector

Country

United States

% of assets

4.14901

Sector

Country

United States

% of assets

3.45694

Sector

Country

Italy

% of assets

3.32963

Sector

Country

Ireland

% of assets

3.21127

Sector

Country

Italy

% of assets

2.92145

Sector

Country

Italy

% of assets

2.83884

Sector

Country

Italy

% of assets

2.31764

Sector

Country

France

% of assets

2.25276

Sector

Country

Sweden

% of assets

2.10637

Sector

Country

Spain

% of assets

2.08872

Assets in top 10 holdings %

28.67%

Total no. of equity holdings

-

Total no. of bond holdings

81.00

Stock sectors

M&G Global Floating Rate High Yield Fund Sterling I-H Inc

Global High Yield Bond - GBP Hedged

0.00%

Basic materials

Con cyclical

Financial svs

Real estate

0.00%

Comm services

Energy

Industrials

Technology

0.00%

Con defensive

Healthcare

Utilities

Important Information

Please note the value of investments can go down as well as up so you may get back less than you invested. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and(3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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