Aegon AM High Yield Bond Class B Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/12/19 to 31/12/20 |
31/12/20 to 31/12/21 |
31/12/21 to 31/12/22 |
31/12/22 to 31/12/23 |
31/12/23 to 31/12/24 |
|
|---|---|---|---|---|---|
| Fund | 4.5% | 6.0% | -9.3% | 14.3% | 10.6% |
| Sector | 4.0% | 4.1% | -10.2% | 11.1% | 8.7% |
| Rank | 11/26 | 6/29 | 7/29 | 2/29 | 5/29 |
| Quartile | 2 | 1 | 1 | 1 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/12/24 |
5 Years to 31/12/24 |
10 Years to 31/12/24 |
||
| Fund | 4.7% | 4.9% | 4.7% | |
| Sector | 2.7% | 3.3% | 3.9% | |
| Rank | 4/29 | 4/26 | 2/22 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| LEVEL 3 FINANCING INC 10.5% 15/05/2030 144A | 2.09 |
| DFLT ADLER FINANCING 12.5% 31/12/2028 1L | 1.96 |
| BELLIS ACQUISITION CO 8.125% 14/05/2030 REGS | 1.91 |
| TULLOW OIL PLC 10.25% 15/05/2026 REGS | 1.77 |
| ALPHA SERV & HLDGS VAR 08/08/2171 | 1.76 |
| VEON HOLDINGS BV 4% 09/04/2025 REGs | 1.52 |
| LOTTOMATICA SPA/ROMA FRN 01/06/2031 REGS | 1.52 |
| GOLDEN GOOSE SPA FRN 14/05/2027 REGS | 1.51 |
| KIER GROUP PLC 9% 15/02/2029 | 1.47 |
| ZORLU ENERJI ELEKTRI SINK 11% 23/04/2030 REGS | 1.43 |
| Total | 16.94 |
Fund Aims
The investment objective is to provide a combination of income and capital growth over any 7 year period.
Fund Manager
Mark Benbow is an investment manager in the Fixed Income team. He specialises in high yield bonds and co-manages our global high yield bond funds. Mark who has 11 years’ industry experience, joined us from Scottish Widows Investment Partnership, where he was an analyst on the global equities team. Previous to this he worked at Morgan Stanley as a Financial Analyst. Mark holds a first-class honours degree in Management and Economics and a Masters in Investment and Finance.
Fund Overview
| Mid (06/01/2025) | 386.91p |
| Distribution yield | 7.32% |
| Underlying yield | - |
| Fund size (31/10/2024) | £983.05m |
| Number of holdings | 194 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.59% |
| Launch date | 22/03/2002 |
Asset Allocation
| International Bonds | 74.16% | |
| UK Corporate Bonds | 23.72% | |
| UK Equities | 0.29% | |
| International Equities | 0.03% | |
| Cash and Equivalents | -0.37% | |
| Alternative Trading Strategies | -0.82% | |
| Other Assets | 2.98% |
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.
