Fact sheet: M&G Short Dated Corp Bd

Fund information

Fund name
M&G Short Dated Corporate Bond I GBP
Fund company manager
M&G UK
Fund type
OEIC
Fund manager(s)
Matthew Russell
since 01/09/2013
Ben Lord
since 01/09/2013
Fund objective
The Fund aims to provide income with stability of capital over a rolling three to five year period. There is no guarantee that the Fund will achieve its objective over this, or any other, period. The income distributions and the value of your investment may rise and fall and investors may not recoup the original amount they invested.
Benchmark
No Specified Index
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

2.9 %

1 Year rank in sector

86/95

Sector

UT Sterling Corporate Bond

Yield

1.4548

Fund size

£ 478.4 m

FE Risk score

14

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    33.75%
  • USA
    28.89%
  • Germany
    11.21%
  • Money Market
    8.3%
  • Netherlands
    3.7%
  • Asset/Mortgage-Backed Securities
    25.16%
  • Banks
    23.55%
  • Money Market
    8.3%
  • Investment Grade Bonds
    7.02%
  • Automotive
    5.77%
  • UK Fixed Interest
    33.75%
  • US Fixed Interest
    28.89%
  • German Fixed Interest
    11.21%
  • Money Market
    8.3%
  • Dutch Fixed Interest
    3.7%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.14 %0.91 %2.9 %6.62 %11.98 %
Sector-0.01 %0.6 %5.83 %15.12 %25.62 %
Rank within sector16 / 9729 / 9786 / 9584 / 8674 / 75
Quartile th1 st2 nd4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund2.29 %3.56 %0.53 %2.49 %2.85 %
Sector3.73 %9.08 %-0.3 %10.06 %0.21 %
Rank within sector82 / 9586 / 8819 / 8681 / 829 / 76
Quartile th4 th4 th1 st4 th1 st

Risk statistics

Alpha1.14
Beta0.22
Sharpe-0
Volatility1.78
Tracking error4.4
Information ratio-0.6
R-Squared0.46

Price movement

52 week high1046.19
52 week low1024.25
Current bid price0
Current offer price0
Current mid price1043.75

Holdings by region

  • 33.75% UK
  • 28.89% USA
  • 11.21% Germany
  • 8.3% Money Market
  • 3.7% Netherlands
  • 3.11% France
  • 2.35% Luxembourg
  • 1.97% Portugal
  • 1.76% Switzerland
  • 1.63% Ireland

Holdings by sector

  • 25.16% Asset/Mortgage-Backed Securities
  • 23.55% Banks
  • 8.3% Money Market
  • 7.02% Investment Grade Bonds
  • 5.77% Automotive
  • 5.43% Telecommunications
  • 4.59% Government Bonds
  • 4.18% Insurance
  • 2.64% Non-Cyclical Consumer Goods
  • 2.48% Technology

Holdings by asset type

  • 33.75% UK Fixed Interest
  • 28.89% US Fixed Interest
  • 11.21% German Fixed Interest
  • 8.3% Money Market
  • 3.7% Dutch Fixed Interest
  • 3.11% French Fixed Interest
  • 2.35% Luxembourg Fixed Interest
  • 1.97% Portuguese Fixed Interest
  • 1.76% Swiss Fixed Interest
  • 1.63% Irish Fixed Interest

Individual holdings

  • 5.75% GERMANY(FEDERAL REPUBLIC OF) 0% BDS 08/10/21 EUR1000
  • 5.66% HM TREASURY UNITED KINGDOM DMO 3.75% GILT 7/9/20 GBP0.01
  • 1.62% GERMANY(FEDERAL REPUBLIC OF) 2.25% BDS 04/09/21 EUR0.01
  • 1.57% MORGAN STANLEY 2.419% BDS 08/05/24 USD1000
  • 1.52% WARWICK FINANCE RES MTG NO TWO PLC MTG BCKD FRN 21/09/49 GBP100000 A
  • 1.17% VERIZON COMMUNICATIONS INC FRN 16/03/22 USD2000
  • 1.16% LLOYDS BANK PLC 9.625% SUBORD BDS 6/4/2023 GBP(VAR)(BR)
  • 1.1% BANK OF AMERICA CORP FRN 24/04/23 USD2000
  • 1.1% IMPERIAL BRANDS FINANCE PLC 0.5% NTS 27/07/21 EUR100000
  • 1.09% PNC BANK NA PITTSBURGH PA 2.3% BDS 01/06/20 USD1000