Fact sheet: Babson Capital GbSnSrdBd

Fund information
Fund name
Babson Capital Global Senior Secured Bond Tranche E Dis USD
Fund manager company
Babson Capital Europe Ltd
Fund type
No data available.
Fund managers
  • Craig Aboucharsince 08/05/2016
  • Stuart Mathiesonsince 07/03/2016
  • Scott Rothsince 28/01/2011
  • Sean Feeleysince 08/05/2016
Fund objective
The Babson Capital Global Senior Secured Bond Fund (“the Fund”) is an actively managed senior secured bond strategy that seeks to provide high current income and capital appreciation with a compelling risk/return profile
Benchmark
  • BofA Merrill Lynch BB-B Global High Yield Secured Bond Index (Hedged to GBP)
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
7.1%
1 Year rank in sector
39/74
Sector
FO Fixed Int - Global High Yield
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.16%
Fund size
£216m (£214m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
22
Top in this sector
Fund name1 Year
Franklin GblCorpHiYd33.2%
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Natixis LoomsSyles HInc19.9%
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...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA41.8%
    UK24.4%
    Germany6%
    France4.9%
    Others3.9%
  • Basic Industries14.2%
    Media14%
    Energy10.6%
    Services7.9%
    Retail7.5%
  • US Fixed Interest41.8%
    UK Fixed Interest24.4%
    German Fixed Interest6%
    French Fixed Interest4.9%
    Global Fixed Interest3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%0.1%3.3%7.1%15.5%-
Sector-0.7%0.3%4.9%7.7%9.1%34%
Rank within sector7 / 8434 / 8154 / 7739 / 74--
Quartile1st2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.1%----
Sector9.7%-2.5%1.4%5.2%15.5%
Rank within sector49 / 75----
Quartile3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
2.81
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.67
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.47
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
3.37
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.99
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.88
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.86
Price movement
52 week high97.05
52 week low90.11
Current bid price-
Current offer price-
Current mid price95.62
Region
1USA41.79%
2UK24.38%
3Germany6%
4France4.87%
5Others3.89%
6Switzerland2.89%
7Italy2.21%
8Belgium1.78%
9Ireland1.47%
Industry sector
1Basic Industries14.22%
2Media14.03%
3Energy10.64%
4Services7.85%
5Retail7.45%
6Health Care6.65%
7Leisure6.05%
8Capital Goods5.64%
9Automotive5.12%
Asset type
1US Fixed Interest41.79%
2UK Fixed Interest24.38%
3German Fixed Interest6%
4French Fixed Interest4.87%
5Global Fixed Interest3.89%
6Swiss Fixed Interest2.89%
7Italian Fixed Interest2.21%
8Belgian Fixed Interest1.78%
9Irish Fixed Interest1.47%
Individual holdings
1CARROLS RESTAURANT GROUP INC2.05%
2KOSMOS ENERGY LTD2.04%
3FIRST DATA1.98%
4SABINE PASS LIQUEFACTION, LLC1.98%
5REYNOLDS GROUP1.9%
6GFKL FINANCIAL SERVICES AG1.88%
7KISSNER MILLING COMPANY LIMITED1.75%
8 CHARTER COMMUNICATIONS INC.1.67%
9TRAVELODGE1.66%
Management
Fund manager group
No data available.
Fund manager company
Babson Capital Europe Ltd
Fund type
No data available.
Fund objective
The Babson Capital Global Senior Secured Bond Fund (“the Fund”) is an actively managed senior secured bond strategy that seeks to provide high current income and capital appreciation with a compelling risk/return profile
Benchmark
  • BofA Merrill Lynch BB-B Global High Yield Secured Bond Index (Hedged to GBP)
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Craig Abouchar08/05/2016
Stuart Mathieson07/03/2016
Scott Roth28/01/2011Scott Roth is a member of Babson Capital's U.S. High Yield Investment Committee. In addition, he is a lead portfolio manager for various high yield bond total return strategies. Scott has over 20 years of industry experience. Prior to joining Babson Capital in 2002, Scott worked at Webster Bank and was a high yield analyst at Times Square Capital Management. In addition, he spent time as an underwriter at Chubb Insurance Company. He holds a B.B.A. from Western Michigan University and an M.B.A. from the University of Michigan. Scott is a member of the CFA Institute.
Sean Feeley08/05/2016
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Sweden
Babson Capital Global Senior Secured Bond A Acc GBP
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJD2J
Babson Capital Global Senior Secured Bond F Acc EUR
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price139.98
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJE3U
Babson Capital Global Senior Secured Bond F Acc GBP
Initial charge1%
Annual charge-
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.03
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJE3T
Babson Capital Global Senior Secured Bond Tranche A Dis GBP
Initial charge-
Annual charge0.25%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.53%
Bid price-
Offer price-
Mid price102.83
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJD1M
Babson Capital Global Senior Secured Bond Tranche B Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.55
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN9RG
Babson Capital Global Senior Secured Bond Tranche B Acc GBP
Initial charge-
Annual charge0.4%
Min single investment£32,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.36
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2EP
Babson Capital Global Senior Secured Bond Tranche B Acc USD
Initial charge-
Annual charge0.4%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.86
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE3FC
Babson Capital Global Senior Secured Bond Tranche B Dis EUR
Initial charge-
Annual charge0.4%
Min single investment£37,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price100.9
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMUTG
Babson Capital Global Senior Secured Bond Tranche B Inc USD
Initial charge-
Annual charge0.4%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.69
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMYSE
Babson Capital Global Senior Secured Bond Tranche D Acc EUR
Initial charge1%
Annual charge-
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.89
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJE3W
Babson Capital Global Senior Secured Bond Tranche D Acc USD
Initial charge-
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.76%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price118
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJTLD
Babson Capital Global Senior Secured Bond Tranche D Dis EUR
Initial charge-
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.61
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKWUK
Babson Capital Global Senior Secured Bond Tranche D Dis SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.59
CurrencySEK
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMQOI
Babson Capital Global Senior Secured Bond Tranche D Inc USD
Initial charge-
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.91
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKWUM
Babson Capital Global Senior Secured Bond Tranche E Acc EUR
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMZ8H
Babson Capital Global Senior Secured Bond Tranche E Dis EUR
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price99.32
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM0BS
Babson Capital Global Senior Secured Bond Tranche E Dis USD
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.16%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price95.62
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMC5A
Babson Capital Global Senior Secured Bond Tranche E Inc GBP
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMZ8I
Babson Capital Global Senior Secured Bond Tranche S Dis USD
Initial charge-
Annual charge0.25%
Min single investment£65,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)0.38%
Bid price-
Offer price-
Mid price102.1
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJE3X
Data provided by

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