Aegon AM High Yield Bond Class B Acc

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

Performance

Discrete performance - to last month end

31/08/19
to
31/08/20		 31/08/20
to
31/08/21		 31/08/21
to
31/08/22		 31/08/22
to
31/08/23		 31/08/23
to
31/08/24
Fund 0.0% 13.4% -8.7% 7.7% 13.9%
Sector 0.7% 9.8% -10.3% 5.4% 11.8%
Rank 22/25 5/27 7/29 3/29 7/29
Quartile 4 1 1 1 1

Annualised performance

Annualised
3 Years to
31/08/24		 5 Years to
31/08/24		 10 Years to
31/08/24
Fund 3.8% 4.9% 4.2%
Sector 1.8% 3.1% 3.3%
Rank 4/29 3/25 4/21
Quartile 1 1 1

Top 10 Holdings

Stock % Weight
KIER GROUP PLC 9% 15/02/2029 1.97
BELLIS ACQUISITION CO 8.125% 14/05/2030 REGS 1.95
LOTTOMATICA SPA/ROMA FRN 01/06/2031 REGS 1.92
LEVEL 3 FINANCING INC 10.5% 15/05/2030 144A 1.75
TULLOW OIL PLC 10.25% 15/05/2026 REGS 1.69
GTCR W DUT/W-2 MERGER SU 8.5% 15/01/2031 REGS 1.65
PINNACLE BIDCO PLC 10% 11/10/2028 REGS 1.62
ENQUEST PLC 11.625% 01/11/2027 REGS 1.61
ICELAND BONDCO PLC 10.875% 15/12/2027 REGS 1.50
GOLDEN GOOSE SPA FRN 14/05/2027 REGS 1.50
Total 17.16

Fund Aims

The investment objective is to provide a combination of income and capital growth over any 7 year period.

Fund Manager

Mark Benbow manager for 5 years and 9 months

Photo of Mark Benbow 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 (30/08/2024) 373.31p
Distribution yield 7.32%
Underlying yield -
Fund size (30/06/2024) £722.40m
Number of holdings 162
Entry Charge 0.00%
Ongoing Charges 0.61%
Launch date 22/03/2002

Asset Allocation

pie chart
  International Bonds 75.21%
  UK Corporate Bonds 22.56%
  UK Equities 0.39%
  Alternative Trading Strategies 0.07%
  International Equities 0.03%
  Cash and Equivalents -0.88%
  Other Assets 2.62%
Portfolio data accurate as at: 30/06/24

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 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.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Bonds 75.21%
  UK Corporate Bonds 22.56%
  UK Equities 0.39%
  Alternative Trading Strategies 0.07%
  International Equities 0.03%
  Cash and Equivalents -0.88%
  Other Assets 2.62%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Bonds 97.77% - - -
 
 Non-Classified 2.65% - - -
 
 Financials 0.39% - - -
 
 Banks - 0.39% - -
 
 Banks - - 0.39% -
 
 Banks - - - 0.39%
 
 Alternative Trading Strategies 0.07% - - -
 
 Alternative Trading Strategies - 0.07% - -
 
 Alternative Trading Strategies - - 0.07% -
 
 Alternative Trading Strategies - - - 0.07%
 
 Cash and Equivalents -0.88% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 41.91%
  UK 22.95%
  North America 21.37%
  Non-Classified 7.76%
  Emerging Europe 3.99%
  Middle East & Africa 1.99%
  South & Central America 0.46%
  Australia & New Zealand 0.44%
  Cash and Equivalents -0.88%

Fixed Interest Currencies

pie chart
  Euro 40.39%
  US Dollar 37.49%
  Pound Sterling 19.89%
  Non-Fixed Interest Assets 3.11%
  Cash -0.88%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Developed Europe - Excl UK 41.91% -
 
 Italy - 9.91%
 
 Luxembourg - 8.10%
 
 Germany - 5.62%
 
 Netherlands - 5.58%
 
 Sweden - 5.30%
 
 France - 3.62%
 
 Norway - 1.79%
 
 Austria - 1.49%
 
 Spain - 0.50%
 
 UK 22.95% -
 
 United Kingdom - 22.95%
 
 North America 21.37% -
 
 United States - 20.69%
 
 Canada - 0.68%
 
 Non-Classified 7.76% -
 
 Emerging Europe 3.99% -
 
 Greece - 1.83%
 
 Czech Republic - 1.42%
 
 Turkey - 0.74%
 
 Romania - 0.00%
 
 Middle East & Africa 1.99% -
 
 Israel - 1.34%
 
 United Arab Emirates - 0.65%
 
 South & Central America 0.46% -
 
 Mexico - 0.46%
 
 Australia & New Zealand 0.44% -
 
 Australia - 0.44%
 
 Cash and Equivalents -0.88% -

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
52.51%
5Yr - 10Yr Maturity
 
 
32.58%
10Yr - 15Yr Maturity
 
 
0.89%
> 15Yr Maturity
 
 
11.79%
Cash And Equivalents
 
-0.88%
Unknown Maturity
 
 
2.62%
Other Asset Types
 
 
0.49%

Fixed Interest Quality Profile

A
 
 
0.50%
BBB
 
 
5.36%
Sub-Investment Grade
 
 
25.58%
Unknown Quality
 
 
66.33%
Cash and Equivalents
 
-0.88%
Other Asset Types
 
 
3.11%

Top 10 Holdings

Stock % Weight Sector Country
1 KIER GROUP PLC 9% 15/02/2029 1.97% Bonds United Kingdom
2 BELLIS ACQUISITION CO 8.125% 14/05/2030 REGS 1.95% Bonds United Kingdom
3 LOTTOMATICA SPA/ROMA FRN 01/06/2031 REGS 1.92% Bonds Italy
4 LEVEL 3 FINANCING INC 10.5% 15/05/2030 144A 1.75% Bonds United States
5 TULLOW OIL PLC 10.25% 15/05/2026 REGS 1.69% Bonds United Kingdom
6 GTCR W DUT/W-2 MERGER SU 8.5% 15/01/2031 REGS 1.65% Bonds United States
7 PINNACLE BIDCO PLC 10% 11/10/2028 REGS 1.62% Bonds United Kingdom
8 ENQUEST PLC 11.625% 01/11/2027 REGS 1.61% Bonds United Kingdom
9 ICELAND BONDCO PLC 10.875% 15/12/2027 REGS 1.50% Bonds United Kingdom
10 GOLDEN GOOSE SPA FRN 14/05/2027 REGS 1.50% Bonds Italy

Important Information

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.

Identification Codes

Sedol Code 3142556
Mex Code SEOPBA
Isin Code GB0031425563
Citi Code A224

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.61%

Aims and Benchmark

Aims The investment objective is to provide a combination of income and capital growth over any 7 year period.
Benchmark Investment Association Sterling High Yield sector
Benchmark Category Comparator
IA Sector £ High Yield

Fund Background

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

Distribution Details

Income frequency Monthly
Distribution Type Interest
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 January 31 January
01 February 28 February
01 March 30 March
01 April 30 April
01 May 31 May
01 June 30 June
01 July 31 July
01 August 31 August
01 September 30 September
01 October 31 October
01 November 30 November
01 December 31 December

Effect of Deductions

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

Fund Administration

Fund Trustee/Depository Citibank
Fund Administrator Citibank
Fund Registrar Northern Trust Global Services Limited
Fund Custodian Citibank

Group Details

Group name Aegon Asset Management
Group address 3 Lochside Avenue Edinburgh Park EDINBURGH EH12 9SA
Group telephone 0800 45 44 22
Dealing telephone 0800 169 5186
Email info@kamescapital.com
Homepage www.aegonam.com
Fax number -

Dealing

Minimum Investment £2000000
Minimum Top Up £1000
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 4

Important Information

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.

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 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. "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.