Fact sheet: Threadneedle Hi Yld Bd

Fund information

Fund name
Threadneedle High Yield Bond Z Inc GBP
Fund company manager
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund manager(s)
Barrie Whitman
since 04/10/1999
David Backhouse
since 24/04/2012
Fund objective
The aim of the Fund is to provide income. The Fund invests at least two-thirds of its assets in high income paying bonds (which are similar to a loan and pay a fixed or variable interest rate) issued by companies worldwide. High income paying bonds are bonds that have received lower ratings from international agencies that provide such ratings. These bonds are considered riskier than higher rated bonds but typically pay a higher income. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
ML Euro Currency High Yield Constrained x Sub Fin (£ Hedged)
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

7.6 %

1 Year rank in sector

12/23

Sector

UT Sterling High Yield

Yield

4.4

Fund size

£ 855.4 m

FE Risk score

24

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Telecommunications
    13.9%
  • Others
    13.7%
  • Media
    12.5%
  • Money Market
    8.2%
  • Capital Goods
    7.5%
  • Global High Yield Fixed Interest
    94.4%
  • Money Market
    6.7%
  • Alternative Investment Strategies
    -1.1%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.82 %4.19 %7.6 %18.48 %34.36 %
Sector0.8 %4.05 %7.84 %17.15 %30.39 %
Rank within sector9 / 239 / 2312 / 2310 / 239 / 21
Quartile th2 nd2 nd3 rd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund6.1 %8.05 %1.25 %3.78 %7.48 %
Sector6.31 %9.87 %-0.27 %1.85 %6.22 %
Rank within sector12 / 2315 / 238 / 235 / 2213 / 21
Quartile th3 rd3 rd2 nd1 st3 rd

Risk statistics

Alpha0.76
Beta0.94
Sharpe0.39
Volatility4.22
Tracking error1.38
Information ratio0.34
R-Squared0.9

Price movement

52 week high105.14
52 week low101.05
Current bid price0
Current offer price0
Current mid price104.85

Holdings by region

-

Holdings by sector

  • 13.9% Telecommunications
  • 13.7% Others
  • 12.5% Media
  • 8.2% Money Market
  • 7.5% Capital Goods
  • 6.7% Banks
  • 6.2% Services
  • 5.8% Utilities
  • 5.6% Automotive
  • 5.6% Basic Industries

Holdings by asset type

  • 94.4% Global High Yield Fixed Interest
  • 6.7% Money Market
  • -1.1% Alternative Investment Strategies

Individual holdings

  • 3.8% GAZPROM OAO
  • 3.4% TELEFONICA EUROP
  • 3.1% UNITYMEDIA
  • 2.9% TELECOM ITALIA SPA(NEW)
  • 2.4% Tesco Plc
  • 2.1% WIND ACQUISITION
  • 1.9% ALTICE SA
  • 1.7% SOFTBANK GROUP CORP
  • 1.4% ENEL SPA
  • 1.4% IMS HEALTH HLDGS INC