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

4.23 %

1 Year rank in sector

22/29

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 4.7 b

FE Risk score

29

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Industrials
    40.1%
  • Financials
    28.6%
  • Government Agency Bonds
    15.5%
  • Asset/Mortgage-Backed Securities
    6.4%
  • Utilities
    5.6%
  • Global Corporate Fixed Interest
    98.1%
  • Money Market
    1.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.66 %1.13 %4.23 %7.52 %15.22 %
Sector-0.55 %0.9 %3.99 %9.88 %15.6 %
Rank within sector29 / 3316 / 3122 / 2914 / 1911 / 17
Quartile th4 th3 rd4 th3 rd3 rd

Calendar performance

YTD-20182017201620152014
Fund-0.57 %5.84 %5.56 %-1.4 %6.83 %
Sector-0.45 %5.08 %7.49 %-1.22 %5.37 %
Rank within sector26 / 3316 / 2912 / 2015 / 198 / 18
Quartile th4 th3 rd3 rd4 th2 nd

Risk statistics

Alpha-0.39
Beta0.99
Sharpe-0
Volatility3.63
Tracking error1.69
Information ratio-0.25
R-Squared0.78

Price movement

52 week high11.59
52 week low10.95
Current bid price0
Current offer price0
Current mid price11.514

Holdings by region

-

Holdings by sector

  • 40.1% Industrials
  • 28.6% Financials
  • 15.5% Government Agency Bonds
  • 6.4% Asset/Mortgage-Backed Securities
  • 5.6% Utilities
  • 1.9% Government Bonds
  • 1.9% Money Market

Holdings by asset type

  • 98.1% Global Corporate Fixed Interest
  • 1.9% Money Market

Individual holdings

  • 1.02% GOLDMAN SACHS GROUP INC 3% BDS 26/04/22 USD2000
  • 0.96% MORGAN STANLEY 3.625% BDS 20/01/27 USD1000
  • 0.92% ANHEUSER-BUSCH INBEV SA 4.9% BDS 01/02/46 USD1000
  • 0.86% BANK OF AMERICA CORP 3.3% BDS 11/01/23 USD100
  • 0.83% AUSTRALIA (COMMONWEALTH BANK OF) 2% BDS 06/09/21 USD2000144A
  • 0.8% EUROPEAN INVESTMENT BANK 1.75% NTS 17/06/19 USD1000
  • 0.74% EUROPEAN INVESTMENT BANK 1% NTS 15/06/18 USD1000
  • 0.71% ABBOTT LABORATORIES 3.4% BDS 30/11/23 USD2000
  • 0.68% GOLDMAN SACHS GROUP INC 5.75% BDS 24/01/22 USD1000
  • 0.64% INTERNATIONAL BANK FOR REC & DEV 1.375% BDS 10/04/18 USD1000