Fact sheet: Eastspring Inv USCrBd

Fund information

Fund name
Eastspring Inv US Corporate Bond R USD
Fund company manager
Eastspring Investments (Lux) S
Fund type
SIB
Fund manager(s)
Mark Redfearn
since 30/11/2007
Fund objective
This Sub-Fund invests in a diversified portfolio consisting primarily of fixed income/debt securities denominated in US dollars, issued in the US market by corporations (including “Yankee” and “Global” bonds) rated BBB- and above by Standard & Poor’s (or comparable rating by Moody’s Investor Service or Fitch). The Sub-Fund will primarily focus on investment grade corporate debt including positions in various fixed income/debt sectors such as US corporate (including redeemable preference shares), CMBS, MBS and ABS. Yankee bonds mean debt of foreign issuers issued in the US domestic market. Global bonds mean debt issued simultaneously in the eurobond and US domestic bond markets. Moreover, the aim of this Sub-Fund is to outperform the benchmark index, the Barclays Capital Credit Most Conservative 2% Issuer Cap Bond Index.
Benchmark
Bloomberg Barclays Capital Credit Most Conservative 2% Issuer Cap Bond Index
Investment style
Active
Investment method
Fixed Interest

Quick stats

1 Year return

5.67 %

1 Year rank in sector

17/29

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 4.7 b

FE Risk score

28

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Industrials
    39%
  • Financials
    29.9%
  • Government Agency Bonds
    16.2%
  • Asset/Mortgage-Backed Securities
    7.8%
  • Utilities
    5.4%
  • Global Corporate Fixed Interest
    98.7%
  • Money Market
    1.3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.35 %2.16 %5.67 %10.9 %15.24 %
Sector0.1 %2.05 %5.72 %11.08 %16.22 %
Rank within sector9 / 3318 / 3217 / 2911 / 19 /
Quartile th2 nd3 rd3 rd3 rd th

Calendar performance

YTD-20172016201520142013
Fund5.32 %5.56 %-1.4 %6.83 %-2.14 %
Sector4.75 %7.49 %-1.22 %5.37 %-1.46 %
Rank within sector15 / 3012 / 2015 / 198 / 1813 / 16
Quartile th2 nd3 rd4 th2 nd4 th

Risk statistics

Alpha-0.05
Beta0.97
Sharpe-0
Volatility3.63
Tracking error1.76
Information ratio-0.09
R-Squared0.76

Price movement

52 week high11.542
52 week low10.847
Current bid price11.523
Current offer price11.523
Current mid price0

Holdings by region

-

Holdings by sector

  • 39% Industrials
  • 29.9% Financials
  • 16.2% Government Agency Bonds
  • 7.8% Asset/Mortgage-Backed Securities
  • 5.4% Utilities
  • 1.3% Money Market
  • 0.4% Government Bonds

Holdings by asset type

  • 98.7% Global Corporate Fixed Interest
  • 1.3% Money Market

Individual holdings

  • 1.27% UNITED STATES OF AMER TREAS NOTES 1.625% NTS 30/06/19 USD1000
  • 0.99% GOLDMAN SACHS GROUP INC 3% BDS 26/04/22 USD2000
  • 0.92% MORGAN STANLEY 3.625% BDS 20/01/27 USD1000
  • 0.83% BANK OF AMERICA CORP 3.3% BDS 11/01/23 USD100
  • 0.82% ANHEUSER-BUSCH INBEV SA 4.9% BDS 01/02/46 USD1000
  • 0.8% AUSTRALIA (COMMONWEALTH BANK OF) 2% BDS 06/09/21 USD2000144A
  • 0.78% EUROPEAN INVESTMENT BANK 1.75% NTS 17/06/19 USD1000
  • 0.77% ABBOTT LABORATORIES 3.4% BDS 30/11/23 USD2000
  • 0.71% EUROPEAN INVESTMENT BANK 1% NTS 15/06/18 USD1000
  • 0.66% GOLDMAN SACHS GROUP INC 5.75% BDS 24/01/22 USD1000