Barings U.S. High Yield Bond Fund
ISIN:IE00BYZRN711
as of 31/03/2021
as of 31/03/2021
as of 31/03/2021
as of 31/03/2021
3.12% Europe
3.01% Rest of World
Fund Facts
| Fund Type | UCITS |
| Inception Date | 17/02/2016 |
| Domicile | Ireland |
| Asset Class | High Yield |
| Morningstar Category | Bonds |
| Distributions | Quarterly |
| Dealing Frequency | Daily |
Share Class Info
| Share Class | A |
| ISIN | IE00BYZRN711 |
| Currency | CHF |
| Accumulating / Distributing | Accumulating |
| Admin., Depository & Operating Expenses | Capped at 20 bps per annum |
| Management Charges | 0.25% |
Objective
The Barings U.S. High Yield Bond Fund is an actively managed high yield bond strategy that seeks to provide investors with high current income generation and, where appropriate, capital appreciation.
Strategy
The Fund seeks to achieve its investment objective by investing primarily in a diversified portfolio of North American high yield bonds that are listed or traded on recognized markets in North America.
Who Should Invest
The Fund is designed for investors seeking to benefit from a strategy that provides high current income generation and, where appropriate, capital appreciation.
Risks
The value of investments and the income they provide can fall as well as rise and investors may not get back the amount originally invested. The Fund invests in high yield bonds. The value of these investments tends to be more volatile than investment grade bonds.
The information available on this website is not an offer to sell or an invitation to apply for this product and is by way of information only, nor is the information available on this website intended as an offering of this product to US Persons. Depending on your jurisdiction, you may not have access to this product. Individual investors should contact their financial advisor before investing in this product. The Key Investor Information Document (KIID), if applicable, must be received and read before investing. All other relevant documents relating to the product such as the Report and Accounts and Prospectus should also be read. The information available on this website does not constitute investment, tax, legal or other advice or recommendation.
Portfolio as of 31/03/2021
Average Duration
3.43 yrs
Number of Issuers
181 issuers
Portfolio Assets Composition
Quality Distribution
| Ratings | % of Assets |
| BBB | 1.80% |
| BB | 35.61% |
| B | 34.84% |
| CCC AND BELOW | 25.66% |
| NR/NPR | 2.08% |
| Total | 99.99% |
Top 5 Countries
| Country | % of Assets |
| UNITED STATES | 90.52% |
| CANADA | 3.35% |
| ZAMBIA | 1.97% |
| UNITED KINGDOM | 0.98% |
| ITALY | 0.81% |
| Total | 97.63% |
Top 10 Holdings
| Holding | % of Assets |
| FORD MOTOR CO. | 3.59% |
| JBS | 3.23% |
| ICAHN ENTERPRISES | 2.85% |
| VERITAS | 2.47% |
| OCCIDENTAL PETROLEUM CORP. | 2.45% |
| SPRINT | 2.17% |
| LBC TANK TERMINALS | 1.97% |
| FIRST QUANTUM MINERALS LTD | 1.89% |
| BAUSCH HEALTH COMPANIES INC. | 1.80% |
| TRIUMPH GROUP, INC. | 1.56% |
| Total | 23.98% |
Top 10 Industries
| Industry | % of Assets |
| ENERGY | 15.84% |
| CONSUMER CYCLICAL | 15.76% |
| COMMUNICATIONS | 14.15% |
| BASIC INDUSTRY | 10.66% |
| CONSUMER NON-CYCLICAL | 9.49% |
| TECHNOLOGY | 8.79% |
| CAPITAL GOODS | 8.61% |
| TRANSPORTATION | 5.53% |
| OTHER FINANCIAL | 2.98% |
| FINANCE COMPANIES | 2.23% |
| Total | 94.04% |
Documents
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Factsheet
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Fund Documents
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KIID/KID
Portfolio Managers
Sean Feeley, CFA
Scott Roth, CFA
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