Fact sheet: Morg Stnly Gbl Hi Yld Bd

Fund information

Fund name
Morg Stnly Global High Yield Bond I USD
Fund company manager
Morgan Stanley Investment Fund
Fund type
SIB
Fund manager
Richard Lindquist
since 18/11/2011
Fund objective
Seeks to provide an attractive rate of return, measured in U.S. dollars, through investments worldwide primarily in Fixed Income Securities issued by corporations that are rated lower than 'BBB-' by S&P or 'Baa3' by Moody's or similarly by another internationally recognised rating service or determined to be of similar creditworthiness by the Investment Adviser. The global nature of the Fund allows the portfolio manager to access greater liquidity in a broader market, to seek relative value opportunities, and to obtain exposure to different economic trajectories around the world.
Benchmark
Barclays Global High Yield Corporate Index
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

11.56 %

1 Year rank in sector

6/74

Sector

FO Fixed Int - Global High Yield

Yield
-
Fund size

£ 563.5 m

FE Risk score

79

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    80.37%
  • UK
    4.01%
  • Canada
    3.64%
  • Luxembourg
    2.4%
  • Germany
    1.45%
  • Oil & Gas
    11.61%
  • Services
    5.64%
  • Media
    5.48%
  • Leisure
    4.83%
  • Retail
    4.17%
  • US Fixed Interest
    80.37%
  • UK Fixed Interest
    4.25%
  • Canadian Fixed Interest
    3.64%
  • Luxembourg Fixed Interest
    2.4%
  • German Fixed Interest
    1.45%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.19 %5.15 %11.76 %7.69 %30.89 %
Sector0.3 %3.21 %7.56 %9.95 %28.56 %
Rank within sector6 / 888 / 836 / 7436 / 56 /
Quartile th1 st1 st1 st3 rd th

Calendar performance

YTD-20172016201520142013
Fund6.17 %12.63 %-2.74 %-8.36 %0 %
Sector4 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector10 / 8026 / 6726 / 6254 / 54 /
Quartile th1 st2 nd2 nd4 th th

Risk statistics

Alpha-1.4
Beta1.23
Sharpe-0
Volatility6.41
Tracking error2.84
Information ratio-0.29
R-Squared0.83

Price movement

52 week high27.17
52 week low24.33
Current bid price0
Current offer price0
Current mid price27.17

Holdings by region

  • 80.37% USA
  • 4.01% UK
  • 3.64% Canada
  • 2.4% Luxembourg
  • 1.45% Germany
  • 1.38% France
  • 1% Australia
  • 0.96% Netherlands
  • 0.77% Belgium
  • 0.61% Bahamas

Holdings by sector

  • 11.61% Oil & Gas
  • 5.64% Services
  • 5.48% Media
  • 4.83% Leisure
  • 4.17% Retail
  • 4.14% Building & Construction
  • 3.81% Telecommunications
  • 3.57% Mineral Extraction
  • 3.1% Foods
  • 2.84% Health Care

Holdings by asset type

  • 80.37% US Fixed Interest
  • 4.25% UK Fixed Interest
  • 3.64% Canadian Fixed Interest
  • 2.4% Luxembourg Fixed Interest
  • 1.45% German Fixed Interest
  • 1.38% French Fixed Interest
  • 1.36% American Emerging Fixed Interest
  • 1% Australian Fixed Interest
  • 0.96% Dutch Fixed Interest
  • 0.77% Belgian Fixed Interest

Individual holdings

  • 0.82% PRINCE MINERAL HLDG CORP 11.5% BDS 15/12/19 USD1000 144A
  • 0.64% DYNCORP INTERNATIONAL INC 11.875% BDS 30/11/20 USD1
  • 0.63% MICHAEL BAKER HOLDINGS LLC, 8.875000%, 2019-04-15
  • 0.61% BLUELINE RENTAL FINANCE CORP, 9.250000%, 2024-03-15
  • 0.61% SILVERSEA CRUISES FINANCE LTD 7.25% BDS 01/02/25 USD2000
  • 0.6% BRAND ENERGY & INFRA SVCS INC 8.5% NTS 01/12/21 USD1000
  • 0.6% GIBSON BRANDS INC 8.875% NTS 01/08/18 USD1000 144A
  • 0.6% JEFFERIES FIN LLC 6.875% BDS 15/04/22 USD200000144A
  • 0.58% RITE AID CORP 6.125% BDS 01/04/23 USD1000
  • 0.58% TMS INTL CORP 7.625% BDS 15/10/21 USD2000144A