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
89.96p
-0.29p (-0.32%)
Fund Code
MGFRI
BMP3SD6
GB00BMP3SD68
Prices updated as at 26 Sep 2024
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.
- Key stats
- Growth
- Performance
- Charges & documents
- Dividends
- Portfolio
- Risk & rating
- Management
Portfolio as of 31/08/2024
Asset allocation
Show long & short position
Geographical breakdown
Continent or country allocation (%)
Valuation
M&G Global Floating Rate High Yield Fund Sterling I-H Inc
Global High Yield Bond - GBP Hedged
-
-
-
-
Growth rate
M&G Global Floating Rate High Yield Fund Sterling I-H Inc
Global High Yield Bond - GBP Hedged
-
-
-
Top 10 holdings
1
Northern Trust Global US Dollar D
Sector
-
Country
Ireland
% of assets
4.37875
2
United States Treasury Notes 5.17323%
Sector
-
Country
United States
% of assets
4.12737
3
United States Treasury Notes 5.20323%
Sector
-
Country
United States
% of assets
3.43813
4
Cedacri S.p.A. 8.167%
Sector
-
Country
Italy
% of assets
3.27977
5
Cerved Group S.p.A. 8.969%
Sector
-
Country
Italy
% of assets
2.97261
6
Paganini Bidco SPA 7.905%
Sector
-
Country
Italy
% of assets
2.7958
7
Brunello Bidco S.p.A 7.435%
Sector
-
Country
Italy
% of assets
2.54968
8
Mooney Group S.p.A. 7.594%
Sector
-
Country
Italy
% of assets
2.33576
9
Kapla Holding SAS (Kiloutou) 7.219%
Sector
-
Country
France
% of assets
2.25594
10
Assemblin Caverion Group AB 7.195%
Sector
-
Country
Sweden
% of assets
2.07888
Assets in top 10 holdings %
30.21%
Total no. of equity holdings
-
Total no. of bond holdings
79.00
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