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
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

0.9 %

1 Year rank in sector

20/22

Sector

FO Fixed Int - USD Corporate Bond

Yield
-
Fund size

£ 5.0 b

FE Risk score

28

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Industrials
    40.7%
  • Financials
    30.1%
  • Government Agency Bonds
    14.5%
  • Asset/Mortgage-Backed Securities
    6.5%
  • Utilities
    5.8%
  • Global Corporate Fixed Interest
    98.3%
  • Money Market
    1.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.04 %3.82 %1.08 %10.04 %0 %
Sector0.07 %3.32 %3.3 %10.2 %17.65 %
Rank within sector27 / 3217 / 3020 / 2213 / 18 /
Quartile th4 th3 rd4 th3 rd th

Calendar performance

YTD-20172016201520142013
Fund4.16 %5.56 %-1.4 %6.83 %-2.14 %
Sector3.79 %7.49 %-1.22 %5.37 %-1.46 %
Rank within sector19 / 3013 / 1914 / 189 / 1712 / 15
Quartile th3 rd3 rd4 th3 rd4 th

Risk statistics

Alpha0.01
Beta0.99
Sharpe-0
Volatility3.79
Tracking error1.77
Information ratio-0.03
R-Squared0.78

Price movement

52 week high11.43
52 week low10.847
Current bid price11.396
Current offer price11.396
Current mid price0

Holdings by region

-

Holdings by sector

  • 40.7% Industrials
  • 30.1% Financials
  • 14.5% Government Agency Bonds
  • 6.5% Asset/Mortgage-Backed Securities
  • 5.8% Utilities
  • 1.8% Money Market
  • 0.6% Government Bonds

Holdings by asset type

  • 98.3% Global Corporate Fixed Interest
  • 1.7% Money Market

Individual holdings

  • 0.99% GOLDMAN SACHS GROUP INC 3% BDS 26/04/22 USD2000
  • 0.91% MORGAN STANLEY 3.625% BDS 20/01/27 USD1000
  • 0.83% WELLS FARGO & CO FRN 11/02/22 USD1000
  • 0.8% AUSTRALIA (COMMONWEALTH BANK OF) 2% BDS 06/09/21 USD2000144A
  • 0.79% ANHEUSER-BUSCH INBEV SA 4.9% BDS 01/02/46 USD1000
  • 0.78% EUROPEAN INVESTMENT BANK 1.75% NTS 17/06/19 USD1000
  • 0.76% ABBOTT LABORATORIES 3.4% BDS 30/11/23 USD2000
  • 0.76% JPMORGAN CHASE & CO 3.22% BDS 01/03/25 USD2000
  • 0.71% AUSTRALIA (COMMONWEALTH BANK OF) 2.3% BDS 06/09/19 USD250000
  • 0.71% EUROPEAN INVESTMENT BANK 1% NTS 15/06/18 USD1000