Fact sheet: Scot Wid High Inc Bd

Fund information

Fund name
Scottish Widows High Income Bond A Acc
Fund company manager
Scottish Wid UT Mgr Limited
Fund type
OIC
Fund manager
Greg Hopper
since 22/09/2014
Fund objective
To give either an income or growth (when income is kept within the fund). To do so by investing predominantly in corporate bonds and other fixed interest securities issued by companies and governments operating in the USA, the UK and Europe. The majority of the fund will be in non-investment grade bonds with a higher than average risk.Non-investment grade bonds have not been awarded the minimum rating required to meet the investment grade rating. Therefore they are considered higher risk than bonds with a higher credit rating. Credit ratings indicate the likelihood that an issuer will be able to make their payments.
Benchmark
Lehman Pan Eurpn Hg Yld indx
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

8.65 %

1 Year rank in sector

19/23

Sector

UT Sterling High Yield

Yield

5.4

Fund size

£ 197.0 m

FE Risk score

39

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • B
    43.53%
  • BB
    31.99%
  • CCC
    12.79%
  • Non-Rated
    9.94%
  • BBB
    1.75%
  • Global Fixed Interest
    86.82%
  • UK Fixed Interest
    9.59%
  • Money Market
    3.51%
  • North American Equities
    0.08%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.04 %3.73 %8.32 %0.44 %16.7 %
Sector0.53 %4.43 %10 %11.25 %36.42 %
Rank within sector20 / 2318 / 2319 / 2322 / 2221 / 21
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund2.75 %9.27 %-6.5 %0.32 %5.51 %
Sector4.07 %9.87 %-0.27 %1.85 %6.22 %
Rank within sector22 / 2311 / 2323 / 2320 / 2219 / 21
Quartile th4 th2 nd4 th4 th4 th

Risk statistics

Alpha-3.42
Beta1.23
Sharpe-0
Volatility5.86
Tracking error2.06
Information ratio-1.3
R-Squared0.91

Price movement

52 week high230.9
52 week low207.4
Current bid price0
Current offer price0
Current mid price227.8

Holdings by region

-

Holdings by sector

  • 43.53% B
  • 31.99% BB
  • 12.79% CCC
  • 9.94% Non-Rated
  • 1.75% BBB

Holdings by asset type

  • 86.82% Global Fixed Interest
  • 9.59% UK Fixed Interest
  • 3.51% Money Market
  • 0.08% North American Equities

Individual holdings

  • 2.04% UNITED STATES OF AMER TREAS BILLS 0% TB 17/08/17 USD1000
  • 1.46% CCO HLDGS LLC/CAP CORP 5.75% BDS 15/02/26 USD1000
  • 1.37% FIRST DATA CORP 5.375% BDS 15/08/23 USD2000 144A
  • 1.19% AMERICAN AXLE AND MANUFACTURING IN 144A
  • 1.18% HCA HLDGS INC 5.875% BDS 15/02/26 USD2000
  • 1.12% TERRAFORM POWER OPERATING LLC 5.875% BDS 01/02/23 USD2000144A
  • 1.07% SCIENTIFIC GAMES INTL INC 7% BDS 01/01/22 USD2000
  • 1.06% ZIGGO SEC FIN BV 5.5% BDS 15/01/27 USD150000 144A
  • 1.05% INMARSAT FINANCE 4.875% NTS 15/05/22 USD1000 144A
  • 1.03% RENAISSANCE ACQUISITION CORP 6.875% BDS 15/08/21 USD2000