M&G Global Floating Rate High Yield Fund

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

Category Global High Yield Bond - GBP Hedged


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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

89.96p

arrow-down-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.

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

-

-
0.91

-

-
0.24

-

-
0.68

-

-
7.59

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

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

-
-


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