Fact sheet: Threadneedle Strat Bd

Fund information

Fund name
Threadneedle Strategic Bond Z Inc GBP
Fund company manager
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund manager(s)
Adrian Hilton
since 17/10/2016
Barrie Whitman
since 01/07/2003
Ryan Staszewski
since 17/10/2016
Fund objective
The aim of the Fund is to provide income with the potential to grow the amount you invested. The Fund invests at least two-thirds of its assets in bonds (which are similar to a loan and pay a fixed or variable interest rate), issued by companies or governments in the UK and Europe as well as by large international organisations such as the World Bank or the International Monetary Fund. The Fund invests directly in these assets or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices). The Fund’s strategy is to allocate investments between higher rated bonds and lower rated bonds. Higher rated bonds, as defined by international agencies that provide such ratings, are considered safer than lower rated bonds but typically pay a lower income. Lower rated bonds are considered to be higher risk, but typically pay a higher income. Where the bonds are not priced in British Pounds, the Fund may take measures that aim to mitigate the risk of currency movements against the British Pound. The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
Composite
Investment style
Strategic Investment
Investment method
None

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

4.71 %

1 Year rank in sector

28/82

Sector

UT Sterling Strategic Bond

Yield

3.4

Fund size

£ 246.9 m

FE Risk score

21

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    94.9%
  • Money Market
    5.1%
  • BBB
    16.3%
  • BBB+
    13.6%
  • Others
    13.4%
  • BBB-
    11.5%
  • BB+
    10%
  • European Fixed Interest
    94.9%
  • Money Market
    5.1%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.42 %2.07 %4.71 %12.75 %22.98 %
Sector0.47 %1.79 %3.79 %13.39 %24.65 %
Rank within sector57 / 8438 / 8228 / 8249 / 7441 / 64
Quartile th3 rd2 nd2 nd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund3.9 %7.47 %-0.09 %3.84 %3.72 %
Sector4.13 %7.28 %-0.29 %6.75 %2.59 %
Rank within sector47 / 8238 / 7741 / 7462 / 7328 / 66
Quartile th3 rd2 nd3 rd4 th2 nd

Risk statistics

Alpha-0.52
Beta1.04
Sharpe0.08
Volatility3.76
Tracking error1.41
Information ratio-0.27
R-Squared0.86

Price movement

52 week high103.23
52 week low99.94
Current bid price0
Current offer price0
Current mid price102.33

Holdings by region

  • 94.9% Europe
  • 5.1% Money Market

Holdings by sector

  • 16.3% BBB
  • 13.6% BBB+
  • 13.4% Others
  • 11.5% BBB-
  • 10% BB+
  • 9.4% BB
  • 8.8% B
  • 7% BB-
  • 4% B+
  • 3.8% B-

Holdings by asset type

  • 94.9% European Fixed Interest
  • 5.1% Money Market

Individual holdings

  • 1.8% HM TREASURY UNITED KINGDOM DMO 5% GILT 07/03/18 GBP
  • 1.3% PENNON GROUP PLC 6.75% PERP
  • 1.2% INNOGY FINANCE BV 6.25% 03/06/2030
  • 1.2% NGG FINANCE 5.625% RESET CAP SEC 18/06/73 GBP100000
  • 1.2% WESTERN POWER DISTRIBUTION EAST MID 3.625% NTS 06/11/23 GBP100000
  • 1% APT PIPELINES LTD 4.25% BDS 26/11/24 GBP100000
  • 1% AT&T INC 4.375% NTS 14/09/29 GBP1000
  • 1% FIRST HYDRO FINANCE 9% GTD SEC BDS 31/7/2021 GBP(REGD)
  • 1% NATIONAL WESTMINSTER BANK 6.5% NOTES 7/9/2021 GBP(VAR)
  • 0.9% QUINTILES IMS HLDGS INC 3.25% BDS 15/03/25 EUR 100000