Fact sheet: Oaktree OaktNthAmHiYiBd

Fund information

Fund name
Oaktree (Lux) - North American High Yield Bond I2B
Fund company manager
Oaktree Capital Management (Lu
Fund type
SIB
Fund manager
David Rosenberg
since 01/04/2015
Fund objective
Oaktree`s North American High Yield Bond strategy invests in performing bonds of creditworthy North American corporations. Oaktree’s investment philosophy centers around employing a highly disciplined, credit-intensive research approach to construct a risk-controlled portfolio of lower-rated yet creditworthy performing corporate bonds. Risk management is the key tenet of our investment philosophy, and all of our efforts are concentrated in gauging credit risk and avoiding problems. Our investment process is entirely bottom-up, based upon proprietary, company-specific research. We view high yield bond investing as the conscious bearing of credit risk for profit and act as a prudent lender rather than a securities trader. Our business is lending money to lower-rated yet creditworthy companies; the buying and selling of securities is simply the means of accomplishing this end.
Benchmark
Citigroup US High Yield Cash Pay Capped
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

7.36 %

1 Year rank in sector

-

Sector

FO Fixed Int - USD High Yield

Yield
-
Fund size

£ 39.1 m

FE Risk score

37

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    91.48%
  • Canada
    4.54%
  • UK
    1.32%
  • Ireland
    1.05%
  • Italy
    0.4%
  • B+
    21.08%
  • BB-
    20.99%
  • B
    16.18%
  • B-
    12.34%
  • BB
    11.51%
  • US Fixed Interest
    91.48%
  • Canadian Fixed Interest
    4.54%
  • UK Fixed Interest
    1.32%
  • Irish Fixed Interest
    1.05%
  • Italian Fixed Interest
    0.4%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.14 %4.32 %7.36 %0 %0 %
Sector0.83 %2.75 %6.93 %10.38 %24.51 %
Rank within sector22 / 5817 / 58 / / /
Quartile th2 nd2 nd th th th

Calendar performance

YTD-20172016201520142013
Fund5.2 %0 %0 %0 %0 %
Sector3.98 %12.74 %-3.11 %0.67 %6.23 %
Rank within sector31 / 56 / / / /
Quartile th3 rd th th th th

Price movement

52 week high107.15
52 week low100.05
Current bid price0
Current offer price0
Current mid price107.23

Holdings by region

  • 91.48% USA
  • 4.54% Canada
  • 1.32% UK
  • 1.05% Ireland
  • 0.4% Italy
  • 0.37% France
  • 0.32% Germany
  • 0.26% Australia
  • 0.26% Netherlands

Holdings by sector

  • 21.08% B+
  • 20.99% BB-
  • 16.18% B
  • 12.34% B-
  • 11.51% BB
  • 7.3% BB+
  • 3.98% CCC+
  • 3.01% BBB-
  • 1.3% Non-Rated
  • 0.98% CCC

Holdings by asset type

  • 91.48% US Fixed Interest
  • 4.54% Canadian Fixed Interest
  • 1.32% UK Fixed Interest
  • 1.05% Irish Fixed Interest
  • 0.4% Italian Fixed Interest
  • 0.37% French Fixed Interest
  • 0.32% German Fixed Interest
  • 0.26% Australian Fixed Interest
  • 0.26% Dutch Fixed Interest

Individual holdings

-