31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
31/03/24 to 31/03/25 |
|
---|---|---|---|---|---|
Fund | 20.3% | -3.6% | -6.0% | 9.8% | 7.3% |
Sector | 23.5% | -1.1% | -4.5% | 10.8% | 7.8% |
Rank | 21/26 | 27/29 | 21/29 | 22/29 | 19/30 |
Quartile | 4 | 4 | 3 | 3 | 3 |
Annualised | ||||
---|---|---|---|---|
3 Years to 31/03/25 |
5 Years to 31/03/25 |
10 Years to 31/03/25 |
||
Fund | 3.5% | 5.1% | n/a | |
Sector | 4.5% | 6.9% | 3.7% | |
Rank | 25/29 | 24/26 | n/a | |
Quartile | 4 | 4 | n/a |
Stock | % Weight |
---|---|
EUROPEAN INVESTMENT BANK 1.625% 14/03/2025 | 2.28 |
EUROPEAN INVESTMENT BANK 0.375% 26/03/2026 | 2.18 |
TMNL GROUP HOLDING B 5.5% 15/01/2030 | 1.52 |
WE SODA INVESTMENTS HOLDING PLC 9.375% 14/02/2031 | 1.50 |
TURKCELL ILETISIM HIZMETLERI AS 7.65% 24/01/2032 | 1.48 |
C&W SENIOR FINANCE LTD 9% 15/01/2033 | 1.46 |
GRIFOLS ESCROW ISSUER SAU 3.875% 15/10/2028 | 1.44 |
PARAMOUNT GLOBAL 30/03/2062 | 1.31 |
MILLICOM INTERNATIONAL CELLULAR S. 4.5% 27/04/2031 | 1.30 |
PINEWOOD FINCO PLC 6% 27/03/2030 | 1.23 |
Total | 15.71 |
The Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than the Bloomberg MSCI Global HY Corporate ESG BB+ Sustainable SRI Bond Index (USD Hedged) over any five-year period while applying ESG Criteria and Sustainability Criteria.
N/A
Stefan Isaacs started at M&G in 2001 and was promoted to corporate bond dealer specialising in high yield bonds and euro denominated credit. He joined the fund management team in 2006 as an assistant fund manager covering high yield and European investment grade for M&G's fixed interest fund range. He was appointed fund manager of the M&G European Corporate Bond Fund in April 2007 and the M&G High Yield Corporate Bond Fund in October 2010. Stefan graduated from Manchester Metropolitan University with a degree in international business and French.
James Tomlins joined M&G in 2011 and was appointed fund manager of the M&G European High Yield Bond Fund later that year. In January 2014, he became co-manager of the M&G High Yield Corporate Bond Fund after two years being deputy manager on the fund. James is a specialist in high yield credit with more than 10 years’ experience in this sector. He was previously an analyst and then a fund manager at Cazenove Capital Management. Before Cazenove, James was at KBC Alternative Investment Management and in the three years prior to that worked at Merrill Lynch Investment Managers. James is a CFA charterholder. He holds an MA in history and PgDip in economics from the University of Cambridge.
Mid | - |
Distribution yield | - |
Underlying yield | - |
Fund size (28/02/2025) | £40.27m |
Number of holdings | 178 |
Entry Charge | 0.00% |
Ongoing Charges | 0.53% |
Launch date | 25/02/2020 |
International Bonds | 86.47% | |
UK Corporate Bonds | 8.46% | |
Alternative Trading Strategies | 6.18% | |
International Equities | 0.00% | |
Cash and Equivalents | -1.52% | |
Other Assets | 0.41% |
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 investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
International Bonds | 86.47% | |
UK Corporate Bonds | 8.46% | |
Alternative Trading Strategies | 6.18% | |
International Equities | 0.00% | |
Cash and Equivalents | -1.52% | |
Other Assets | 0.41% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Bonds | 94.93% | - | - | - | |
Alternative Trading Strategies | 6.18% | - | - | - | |
Alternative Trading Strategies | - | 6.18% | - | - | |
Alternative Trading Strategies | - | - | 6.18% | - | |
Alternative Trading Strategies | - | - | - | 6.18% | |
Non-Classified | 0.41% | - | - | - | |
Real Estate | 0.00% | - | - | - | |
Real Estate | - | 0.00% | - | - | |
Real Estate Investment & Services | - | - | 0.00% | - | |
Real Estate Holding and Development | - | - | - | 0.00% | |
Consumer Staples | 0.00% | - | - | - | |
Personal Care, Drug & Grocery Stores | - | 0.00% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 0.00% | - | |
Food Retailers & Wholesalers | - | - | - | 0.00% | |
Cash and Equivalents | -1.52% | - | - | - |
North America | 53.18% | |
Developed Europe - Excl UK | 24.59% | |
Non-Classified | 10.86% | |
UK | 8.46% | |
South & Central America | 3.15% | |
Japan | 1.20% | |
Developed Asia | 0.04% | |
Emerging Asia | 0.04% | |
Cash and Equivalents | -1.52% |
US Dollar | 63.91% | |
Euro | 23.93% | |
Pound Sterling | 7.10% | |
Non-Fixed Interest Assets | 6.59% | |
Cash | -1.52% |
Region | Country | ||
---|---|---|---|
North America | 53.18% | - | |
![]() |
- | 51.12% | |
![]() |
- | 2.06% | |
Developed Europe - Excl UK | 24.59% | - | |
![]() |
- | 7.56% | |
![]() |
- | 4.61% | |
![]() |
- | 3.43% | |
![]() |
- | 3.01% | |
![]() |
- | 2.25% | |
![]() |
- | 1.38% | |
![]() |
- | 1.04% | |
![]() |
- | 1.03% | |
![]() |
- | 0.28% | |
Non-Classified | 10.86% | - | |
UK | 8.46% | - | |
![]() |
- | 8.46% | |
South & Central America | 3.15% | - | |
![]() |
- | 1.47% | |
![]() |
- | 1.21% | |
![]() |
- | 0.47% | |
Japan | 1.20% | - | |
![]() |
- | 1.20% | |
Developed Asia | 0.04% | - | |
![]() |
- | 0.04% | |
Emerging Asia | 0.04% | - | |
![]() |
- | 0.04% | |
Cash and Equivalents | -1.52% | - |
< 5Yr Maturity |
|
50.36% |
5Yr - 10Yr Maturity |
|
32.90% |
10Yr - 15Yr Maturity |
|
0.74% |
> 15Yr Maturity |
|
10.93% |
Cash And Equivalents |
|
-1.52% |
Unknown Maturity |
|
0.41% |
Other Asset Types |
|
6.18% |
AAA |
|
4.47% |
BBB |
|
2.15% |
Sub-Investment Grade |
|
58.25% |
Unknown Quality |
|
30.07% |
Cash and Equivalents |
|
-1.52% |
Other Asset Types |
|
6.59% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | EUROPEAN INVESTMENT BANK 1.625% 14/03/2025 | 2.28% | Bonds | Luxembourg |
2 | EUROPEAN INVESTMENT BANK 0.375% 26/03/2026 | 2.18% | Bonds | Luxembourg |
3 | TMNL GROUP HOLDING B 5.5% 15/01/2030 | 1.52% | Bonds | Netherlands |
4 | WE SODA INVESTMENTS HOLDING PLC 9.375% 14/02/2031 | 1.50% | Bonds | United Kingdom |
5 | TURKCELL ILETISIM HIZMETLERI AS 7.65% 24/01/2032 | 1.48% | Bonds | Non-Classified |
6 | C&W SENIOR FINANCE LTD 9% 15/01/2033 | 1.46% | Bonds | United States |
7 | GRIFOLS ESCROW ISSUER SAU 3.875% 15/10/2028 | 1.44% | Bonds | Spain |
8 | PARAMOUNT GLOBAL 30/03/2062 | 1.31% | Bonds | United States |
9 | MILLICOM INTERNATIONAL CELLULAR S. 4.5% 27/04/2031 | 1.30% | Bonds | United States |
10 | PINEWOOD FINCO PLC 6% 27/03/2030 | 1.23% | Bonds | United Kingdom |
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.
Sedol Code | BJRCD80 |
Mex Code | - |
Isin Code | GB00BJRCD803 |
Citi Code | QUWU |
Entry Charge | 0.00% |
Ongoing Charges | 0.53% |
Aims | The Fund aims to provide a higher total return (capital growth plus income), net of the Ongoing Charge Figure, than the Bloomberg MSCI Global HY Corporate ESG BB+ Sustainable SRI Bond Index (USD Hedged) over any five-year period while applying ESG Criteria and Sustainability Criteria. |
Benchmark | Bloomberg MSCI Global HY Corporate ESG BB+ Sustainable SRI Bond Index (USD Hedged) |
Benchmark Category | Target |
IA Sector | £ High Yield |
Valuation frequency | Daily |
Valuation point | 12:00 |
Fund type | OEIC |
Launch price | $1.00 |
Fund currency | Pound Sterling |
Fund domicile | United Kingdom |
ISA allowable | Yes |
SIPP allowable | Yes |
Income frequency | Annually |
Distribution Type | Interest |
Distribution Payment Basis | Net |
Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
---|---|
- | - |
Fund Trustee/Depository | The National Westminster Bank plc |
Fund Administrator | IFDS |
Fund Registrar | IFDS |
Fund Custodian | State Street Bank and Trust Company |
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 |
info@mandg.co.uk | |
Homepage | www.mandg.co.uk |
Fax number | - |
Minimum Investment | - |
Minimum Top Up | - |
Minimum Regular Saving | - |
Settlement Period: Buy | 3 days |
Settlement Period: Sell | 3 days |
Pricing Basis | Forward |
Dealing Decimals | - |
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their 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.