Fact sheet: Carador Income PLC

Fund information
Fund name
Carador Income PLC Ord USD
Fund manager company
Blackstone/GSO Loan Financing
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
To produce attractive and stable returns with low volatility compared to equity markets by investing in a diversified portfolio of Senior Notes of CLOs collateralised by senior secured Bank Loans and equity and mezzanine tranches of CLOs.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
37.5%
1 Year rank in sector
3/22
Sector
IT Debt
Yield
12.6%
Fund size
£409m
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.
116
Mid price
0.7525
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
0.7528
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-0.04
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Fair Oaks Income Fund Ltd40.7%
Volta Finance Limited39.1%
Carador Income PLC37.5%
Blackstone/GSO Loan Fin Ltd35.7%
CVC CrdPrtnrsEurpnOpLd19.5%
...more in IT Debt

Performance snapshot

Holdings snapshot

  • USA98.4%
    Money Market1.6%
  • Others36.3%
    Business Services7.5%
    Electronic & Electrical Equipment7%
    Health Care6.7%
    Leisure4.9%
  • US Fixed Interest98.4%
    Money Market1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%9.2%9.2%37.5%15.4%52.6%
Sector1.1%3.4%5%18.1%14%21.2%
Rank within sector20 / 263 / 256 / 243 / 226 / 112 / 5
Quartile4th1st1st1st3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund8.9%10.6%-7.2%5.2%0.7%
Sector3.4%11.3%-2.6%2.4%9.2%
Rank within sector3 / 255 / 2213 / 146 / 105 / 6
Quartile1st1st4th3rd4th
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.
-4.81
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.
2.7
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.
0.08
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%.
19.3
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.
16.38
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.
0.05
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.
0.44
Price movement
52 week high0.79
52 week low0.6
Current bid price0.74
Current offer price0.77
Current mid price0.75
Region
1USA98.4%
2Money Market1.6%
Industry sector
1Others36.3%
2Business Services7.5%
3Electronic & Electrical Equipment7%
4Health Care6.7%
5Leisure4.9%
6Telecommunications4.1%
7Retail3.6%
8Utilities3.4%
9Chemicals3%
Asset type
1US Fixed Interest98.4%
2Money Market1.6%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Blackstone/GSO Loan Financing
Fund type
Investment Trust
Fund objective
To produce attractive and stable returns with low volatility compared to equity markets by investing in a diversified portfolio of Senior Notes of CLOs collateralised by senior secured Bank Loans and equity and mezzanine tranches of CLOs.
Benchmark
  • No Specified Index
Investment style
Absolute Return
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Carador Income PLC Ord USD
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 price75.28
CurrencyUSX
Price updated28/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNMMO
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.