Fact sheet: LM WA Gbl Hi Yd

Fund information

Fund name
Legg Mason Western Asset Global High Yield X Dis USD
Fund company manager
Legg Mason Global Funds Plc
Fund type
SIB
Fund manager
Western Asset Management Co
since 20/04/2007
Fund objective
The Fund's primary aim is to generate total return by investing at least 70% of its Net Asset Value in high-yielding debt securities (higher yields are generally available from securities rated below investment grade). The Fund is a global fund and is not confined to investing in any specific country or region, although it is expected that it will invest in at least 10 different countries and will not be investing more than 45% in high-yielding emerging market countries.
Benchmark
Bloomberg Barclays Global High Yield Index
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

9.13 %

1 Year rank in sector

-

Sector

FO Fixed Int - Global High Yield

Yield

4.5937

Fund size

£ 261.8 m

FE Risk score

41

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    44.64%
  • Money Market
    15.64%
  • Not Specified
    9.94%
  • Brazil
    7.94%
  • Argentina
    5.44%
  • Cash & Cash Equivalents
    16.17%
  • Government Bonds
    14.23%
  • Corporate Bonds
    12.43%
  • Cyclical Consumer Goods
    8.8%
  • High Yield Bond
    8.59%
  • US Fixed Interest
    44.64%
  • Money Market
    15.64%
  • Global Fixed Interest
    9.94%
  • Brazilian Fixed Interest
    7.94%
  • American Emerging Fixed Interest
    5.44%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.45 %3.97 %9.13 %6.37 %20.79 %
Sector0.56 %3.03 %6.93 %11.05 %24.77 %
Rank within sector / / / / /
Quartile th th th th th th

Calendar performance

YTD-20172016201520142013
Fund6.41 %15.14 %-7.67 %-1.94 %5.28 %
Sector4.63 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector / / / / /
Quartile th th th th th th

Risk statistics

Alpha-2.39
Beta1.4
Sharpe-0
Volatility6.99
Tracking error2.98
Information ratio-0.42
R-Squared0.89

Price movement

52 week high88.44
52 week low82.78
Current bid price0
Current offer price0
Current mid price87.78

Holdings by region

  • 44.64% USA
  • 15.64% Money Market
  • 9.94% Not Specified
  • 7.94% Brazil
  • 5.44% Argentina
  • 4.97% Russia
  • 2.5% Turkey
  • 2.41% UK
  • 2.33% Canada
  • 1.43% France

Holdings by sector

  • 16.17% Cash & Cash Equivalents
  • 14.23% Government Bonds
  • 12.43% Corporate Bonds
  • 8.8% Cyclical Consumer Goods
  • 8.59% High Yield Bond
  • 7.47% Communications
  • 7.21% Energy
  • 7.11% Non-Cyclical Consumer Goods
  • 6.04% Banks
  • 4.49% Investment Grade Corporate Bonds

Holdings by asset type

  • 44.64% US Fixed Interest
  • 15.64% Money Market
  • 9.94% Global Fixed Interest
  • 7.94% Brazilian Fixed Interest
  • 5.44% American Emerging Fixed Interest
  • 4.97% Russian Fixed Interest
  • 2.5% Middle East & African Fixed Interest
  • 2.41% UK Fixed Interest
  • 2.33% Canadian Fixed Interest
  • 1.43% French Fixed Interest

Individual holdings

  • 8.73% LEGG MASON WESTERN ASSET EURO HIGH YIELD LM ACC EUR
  • 2.02% RUSSIAN FEDERATION MINISTRY FINANCE 4.875% BDS 16/09/23 USD200000 144A
  • 1.89% PETROBRAS INTERNATIONAL FINANCE CO 6.875% BDS 20/01/40 USD1000
  • 1.71% TURKEY(REPUBLIC OF) 4.25% BDS 14/04/26 USD200000
  • 1.52% LEGG MASON WESTERN ASSET EMERGING MARKETS CORPORATE BOND LM(M)
  • 1.49% BRAZIL(FEDERATIVE REPUBLIC OF) 4.25% BDS 07/01/25 USD1000
  • 1.31% BUENOS AIRES(PROVINCE OF) 7.875% BDS 15/06/27 USD150000 144A
  • 1.19% NUMERICABLE SFR BDS 01/05/26 USD200000 144A
  • 1.16% PETROBRAS GLOBAL FINANCE BV 4.375% BDS 20/05/23 USD1000
  • 1.06% POLAND(STATE TREASURY OF) 4.0% BDS 25/10/23 PLN1000