M&G UK Income Distribution Class I GBP Inc

Essentials Portfolio Analysis Background Data Investment Risk Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/11/19
to
30/11/20
30/11/20
to
30/11/21
30/11/21
to
30/11/22
30/11/22
to
30/11/23
30/11/23
to
30/11/24
Fund -9.5% 11.8% 4.7% -0.6% 12.0%
Sector 6.1% 12.6% -6.7% 1.8% 14.8%
Rank 118/118 85/128 4/139 126/151 118/157
Quartile 4 3 1 4 3

Annualised performance

Annualised
3 Years to
30/11/24
5 Years to
30/11/24
10 Years to
30/11/24
Fund 5.3% 3.4% 4.7%
Sector 2.9% 5.4% 5.9%
Rank 27/139 102/118 65/80
Quartile 1 4 4

Top 10 Holdings

Stock % Weight
HSBC HOLDINGS 5.74
BP 4.46
BRITISH AMERICAN TOBACCO 3.90
IMPERIAL BRANDS 3.63
RIO TINTO 3.50
ASTRAZENECA 3.46
GSK 2.97
NATIONAL GRID 2.92
SHELL 2.44
ROYAL BANK OF SCOTLAND GROUP 1.83
Total 34.84

Fund Aims

The Fund aims to provide: • a higher annual yield than the FTSE All-Share Index;
• an income stream that increases annually; and • a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than a composite index* over any five year period.

*70% FTSE All-Share Index and 30% FTSE Actuaries UK Conventional Gilts All Stocks Index.

Fund Manager

Elina Symon manager for 3 years and 8 months

Photo of Elina Symon TBC

Michael Stiasny manager for 6 years and 8 months

Photo of Michael Stiasny Michael Stiasny is the fund manager of Charifund and, since 1 April 2018, of the M&G UK Income Distribution Fund. He is also deputy fund manager of both the M&G Recovery Fund and the M&G Global Recovery Fund. He joined M&G in 1998 as an equity analyst, becoming head of the pan-European equity research team in 2005. He was appointed deputy fund manager of the M&G Recovery Fund in 2011. Michael graduated with a degree in philosophy, politics and economics from the University of Oxford. He is a CFA charterholder.

Fund Overview

Mid (20/12/2024) 1131.95p
Historic yield 5.55%
Fund size (31/10/2024) £421.85m
Number of holdings 190
Entry Charge 0.00%
Ongoing Charges 0.74%
Launch date 19/11/1973

Asset Allocation

pie chart
  UK Equities 66.13%
  International Bonds 17.40%
  UK Corporate Bonds 5.86%
  International Equities 2.49%
  Property 1.95%
  UK Gilts 1.67%
  Investment Trusts 1.31%
  Cash and Equivalents -0.12%
  Other Assets 3.31%
Portfolio data accurate as at: 31/10/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  UK Equities 66.13%
  International Bonds 17.40%
  UK Corporate Bonds 5.86%
  International Equities 2.49%
  Property 1.95%
  UK Gilts 1.67%
  Investment Trusts 1.31%
  Cash and Equivalents -0.12%
  Other Assets 3.31%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 25.93% - - -
 
Financials 22.48% - - -
 
Banks - 9.14% - -
 
Banks - - 9.14% -
 
Banks - - - 9.14%
 
Insurance - 8.11% - -
 
Life Insurance - - 6.11% -
 
Life Insurance - - - 6.11%
 
Non-life Insurance - - 2.00% -
 
Property & Casualty Insurance - - - 1.41%
 
Reinsurance - - - 0.59%
 
Financial Services - 5.23% - -
 
Investment Banking & Brokerage Services - - 2.99% -
 
Asset Managers & Custodians - - - 2.13%
 
Investment Services - - - 0.86%
 
Equity Investment Instruments - - 1.31% -
 
Equity Investment Instruments - - - 1.31%
 
Finance & Credit Services - - 0.93% -
 
Mortgage Finance - - - 0.59%
 
Consumer Lending - - - 0.34%
 
Consumer Staples 8.97% - - -
 
Food, Beverage & Tobacco - 7.53% - -
 
Tobacco - - 7.53% -
 
Tobacco - - - 7.53%
 
Personal Care, Drug & Grocery Stores - 1.44% - -
 
Personal Care, Drug & Grocery Stores - - 1.44% -
 
Personal Products - - - 1.03%
 
Nondurable Household Products - - - 0.41%
 
Energy 7.60% - - -
 
Energy - 7.60% - -
 
Non-Renewable Energy - - 7.60% -
 
Integrated Oil & Gas - - - 6.91%
 
Oil: Crude Producers - - - 0.69%
 
Health Care 6.43% - - -
 
Health Care - 6.43% - -
 
Pharmaceuticals & Biotechnology - - 6.43% -
 
Pharmaceuticals - - - 6.43%
 
Utilities 5.74% - - -
 
Utilities - 5.74% - -
 
Gas, Water & Multi-utilities - - 3.99% -
 
Multi-Utilities - - - 2.92%
 
Water - - - 1.07%
 
Electricity - - 1.76% -
 
Conventional Electricity - - - 1.76%
 
Consumer Discretionary 5.66% - - -
 
Consumer Products & Services - 1.79% - -
 
Household Goods & Home Construction - - 1.23% -
 
Home Construction - - - 1.23%
 
Personal Goods - - 0.56% -
 
Clothing & Accessories - - - 0.56%
 
Media - 1.75% - -
 
Media - - 1.75% -
 
Radio & TV Broadcasters - - - 0.94%
 
Publishing - - - 0.81%
 
Retail - 1.32% - -
 
Retailers - - 1.32% -
 
Home Improvement Retailers - - - 0.98%
 
Specialty Retailers - - - 0.34%
 
Travel & Leisure - 0.51% - -
 
Travel & Leisure - - 0.51% -
 
Casinos & Gambling - - - 0.51%
 
Automobiles & Parts - 0.29% - -
 
Automobiles & Parts - - 0.29% -
 
Auto Parts - - - 0.29%
 
Basic Materials 5.11% - - -
 
Basic Resources - 4.68% - -
 
Industrial Metals & Mining - - 4.68% -
 
General Mining - - - 4.68%
 
Chemicals - 0.43% - -
 
Chemicals - - 0.43% -
 
Specialty Chemicals - - - 0.43%
 
Non-Classified 4.06% - - -
 
Non-Classified - 0.40% - -
 
Non-Classified - - 0.40% -
 
Non-Classified - - - 0.40%
 
Industrials 3.64% - - -
 
Industrial Goods & Services - 2.50% - -
 
Industrial Support Services - - 1.19% -
 
Business Training & Employment Agencies - - - 0.46%
 
Transaction Processing Services - - - 0.37%
 
Professional Business Support Services - - - 0.36%
 
General Industrials - - 0.87% -
 
Containers & Packaging - - - 0.87%
 
Industrial Engineering - - 0.45% -
 
Machinery: Specialty - - - 0.45%
 
Construction & Materials - 1.13% - -
 
Construction & Materials - - 1.13% -
 
Engineering & Contracting Services - - - 0.77%
 
Building Materials: Other - - - 0.24%
 
Construction - - - 0.12%
 
Real Estate 2.30% - - -
 
Real Estate - 2.30% - -
 
Real Estate Investment Trusts - - 2.05% -
 
Diversified REITs - - - 1.38%
 
Retail REITs - - - 0.51%
 
Office REITs - - - 0.10%
 
Residential REITs - - - 0.06%
 
Real Estate Investment & Services - - 0.25% -
 
Real Estate Holding and Development - - - 0.25%
 
Telecommunications 1.59% - - -
 
Telecommunications - 1.59% - -
 
Telecommunications Service Providers - - 1.59% -
 
Telecommunications Services - - - 1.59%
 
Technology 0.61% - - -
 
Technology - 0.61% - -
 
Software & Computer Services - - 0.61% -
 
Consumer Digital Services - - - 0.61%
 
Cash and Equivalents -0.12% - - -

Regional Allocation

pie chart
  UK 74.52%
  Developed Europe - Excl UK 8.98%
  North America 8.39%
  Non-Classified 5.70%
  Property 1.95%
  Middle East & Africa 0.43%
  Australia & New Zealand 0.15%
  Cash and Equivalents -0.12%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 75.19%
  Pound Sterling 23.85%
  US Dollar 1.08%
  Cash -0.12%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 74.52% -
 
United Kingdom - 73.66%
 
Isle of Man - 0.51%
 
Guernsey - 0.35%
 
Developed Europe - Excl UK 8.98% -
 
Germany - 2.28%
 
Luxembourg - 1.66%
 
France - 1.66%
 
Netherlands - 1.52%
 
Ireland - 0.70%
 
Spain - 0.41%
 
Norway - 0.30%
 
Switzerland - 0.26%
 
Sweden - 0.18%
 
North America 8.39% -
 
United States - 6.95%
 
Canada - 0.85%
 
Bermuda - 0.59%
 
Non-Classified 5.70% -
 
Property 1.95% -
 
Middle East & Africa 0.43% -
 
Cote D'Ivoire - 0.31%
 
United Arab Emirates - 0.12%
 
Australia & New Zealand 0.15% -
 
Australia - 0.15%
 
Cash and Equivalents -0.12% -

Breakdown By Market Cap (%)

Mega
 
 
26.75%
Large
 
 
9.02%
Medium
 
 
8.61%
Small
 
 
4.79%
Micro
 
 
1.42%
Non-Classified
 
 
24.61%
Bonds
 
 
24.93%
Cash
 
-0.12%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
19.42%
5Yr - 10Yr Maturity
 
 
4.27%
10Yr - 15Yr Maturity
 
 
0.91%
> 15Yr Maturity
 
 
0.33%
Cash And Equivalents
 
-0.12%
Unknown Maturity
 
 
2.90%
Other Asset Types
 
 
72.29%

Fixed Interest Quality Profile

AAA
 
 
3.09%
AA
 
 
3.77%
A
 
 
7.52%
BBB
 
 
7.37%
Sub-Investment Grade
 
 
0.18%
Unknown Quality
 
 
3.00%
Cash and Equivalents
 
-0.12%
Other Asset Types
 
 
75.19%

Top 10 Holdings

Stock % Weight Sector Country
1 HSBC HOLDINGS 5.74% Banks United Kingdom
2 BP 4.46% Non-Renewable Energy United Kingdom
3 BRITISH AMERICAN TOBACCO 3.90% Tobacco United Kingdom
4 IMPERIAL BRANDS 3.63% Tobacco United Kingdom
5 RIO TINTO 3.50% Industrial Metals & Mining United Kingdom
6 ASTRAZENECA 3.46% Pharmaceuticals & Biotechnology United Kingdom
7 GSK 2.97% Pharmaceuticals & Biotechnology United Kingdom
8 NATIONAL GRID 2.92% Gas, Water & Multi-utilities United Kingdom
9 SHELL 2.44% Non-Renewable Energy United Kingdom
10 ROYAL BANK OF SCOTLAND GROUP 1.83% Banks United Kingdom

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only.

Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B70D579
Mex Code -
Isin Code GB00B70D5799
Citi Code 0ZDM

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.74%

Aims and Benchmark

Aims The Fund aims to provide: • a higher annual yield than the FTSE All-Share Index; • an income stream that increases annually; and • a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than a composite index* over any five year period. *70% FTSE All-Share Index and 30% FTSE Actuaries UK Conventional Gilts All Stocks Index.
Benchmark 70% FTSE All-Share Index, 30% FTSE Actuaries UK Conventional Gilts All Stocks Index
Benchmark Category Target
IA Sector UK Equity & Bond Income

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Quarterly
Distribution Type Dividend
Distribution Payment Basis Net

Ratings

FE Crown Crown Rating of 2

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository The National Westminster Bank plc
Fund Administrator IFDS
Fund Registrar IFDS
Fund Custodian State Street Bank and Trust Company

Group Details

Group name M&G Investments
Group address 10 Fenchurch Avenue London EC3M 5AG United Kingdom
Group telephone 0800 390 390
Dealing telephone 0800 328 3196
Email info@mandg.co.uk
Homepage www.mandg.co.uk
Fax number -

Dealing

Minimum Investment -
Minimum Top Up -
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges may vary in the future and may be higher than they are now.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Risk Analysis

Ratio Value
Alpha 3.19
Beta 0.75
Sharpe 0.17
Standard Deviation 10.07
Info Ratio 0.25

Risk Factors

Risk Factor Yes / No
Charges to Capital Yes
Emerging Markets No
Concentrated Portfolio No
Smaller Companies No
High Yield Bonds No
Sector Specific No
Geared Investments No
Value of Investments Yes
Investments Long Term Yes
Property No
Exchange Rate No
Higher Risk No
Performance Charges No
Derivative Exposure No
Offshore No
Income Eroding Capital Growth Yes
Umbrella Liabilities Yes
New Fund No
Solvency of Depository No
Solvency of Bond Issuers Yes
Ethical Restrictions No
Liquidity No
Returns Are Not Guaranteed Yes
Inflation Yes
Taxation and Tax Relief Yes

Fund Specific Risks

Charges to Capital

Part, or all of the periodic annual management fee(s) and expenses may be charged to capital which could increase the potential for the capital value of your investment to be eroded. Your capital could also decrease if income withdrawals exceed the growth rate of the fund(s).

Value of Investments

The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.

Investments Long Term

Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.

Income Eroding Capital Growth

The fund focuses on providing an income, which can reduce the prospects for capital growth, and in some cases the capital value may fall.

Umbrella Liabilities

If the liabilities of one fund were to exceed its assets, the other funds within the scheme might have to transfer across money to cover the liabilities.

Solvency of Bond Issuers

If the fund you choose invests in bonds there is a risk that the issuer may default, resulting in a loss to the portfolio.

Returns Are Not Guaranteed

What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.

Inflation

Inflation will reduce the real value of your investments in future.

Taxation and Tax Relief

Levels of taxation and tax relief are subject to change.

Important Information

The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.

This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

"Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.