Fact sheet: LM WAHiYcrEn

Fund information
Fund name
Legg Mason Western Asset High Yield Credit Energy N Acc USD
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund manager
  • Western Asset Management Cosince 31/03/2015
Fund objective
The Fund’s investment objective is to seek to maximise total return consisting of income and capital appreciation while managing overall portfolio risk.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Fixed Int - Global
Yield
-
Fund size
£202m (£202m last year)
Top in this sector
Fund name1 Year
Capital Group GHIOL32.5%
Dodge & Cox Global Bond27.4%
HSBC GIF Gbl AsBk Bd24.3%
Russell Gbl Bd24.3%
Morg Stnly Gbl Mrtg Securts23.5%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%5.3%13.8%---
Sector-1.9%-2.1%0.9%2.9%5.6%14.2%
Rank within sector9 / 3153 / 3138 / 308---
Quartile1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector3.9%-1.6%3.7%-1.6%8.2%
Rank within sector-----
Quartile
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high152.68
52 week low100
Current bid price-
Current offer price-
Current mid price151.79
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1CHESAPEAKE ENERGY CORP 4.875% BDS 15/04/22 USD10003.07%
2SANCHEZ ENERGY CORP 6.125% BDS 15/01/23 USD 20003.03%
3BLUE RACER MIDSTREAM LLC / BLUE RACER FINANCE CORP3.02%
4QEP RESOURCES INC 5.25% SNR NTS 01/05/23 USD10002.96%
5CONTINENTAL RESOURCE INC 4.5% NTS 15/04/23 USD10002.95%
6LAREDO PETROLEUM INC 7.375% NTS 01/05/22 USD1000 144A2.52%
7TEINE ENERGY LTD 6.875% BDS 30/09/22 USD1000 144A2.5%
8SUMMIT MIDSTREAM HOLDINGS LLC 5.5% BDS 15/08/22 USD20002.43%
9WPX ENERGY INC 8.25% BDS 01/08/23 USD20002.43%
Management
Fund manager group
Legg Mason
Fund manager company
Legg Mason Global Funds Plc
Fund type
OEIC
Fund objective
The Fund’s investment objective is to seek to maximise total return consisting of income and capital appreciation while managing overall portfolio risk.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Western Asset Management Co31/03/2015Western Asset Management focuses primarily on the management of fixed income portfolios, taking a fundamental approach to money management that is continually fine-tuned and adapted to changing conditions. When making investment decisions, Western Asset focuses on areas such as sector allocation, issue selection, duration weighting and maturity.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom, Ireland, Offshore, Singapore
Legg Mason Western Asset High Yield Credit Energy Inst Acc USD
Initial charge-
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.4
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMF5Q
Legg Mason Western Asset High Yield Credit Energy Inst Hedged Acc GBP
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 price140.88
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE46B
Legg Mason Western Asset High Yield Credit Energy Inst Hedged Inc 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 price99.19
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMQ8P
Legg Mason Western Asset High Yield Credit Energy Inst Hedged Inc GBP
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 price105.18
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMU5O
Legg Mason Western Asset High Yield Credit Energy N Acc 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 price151.79
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN0IN
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.