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Barings Global Senior Secured Bond Fund

ISIN:IE00BK71B576

Fund Size
as of 30/09/2020
$ 1.13 Billion
Number of Issuers
as of 30/09/2020
164 issuers
Yield to Worst
as of 30/09/2020
6.57%
Geographic Focus
as of 30/09/2020
56.03% North America
41.88% Europe
2.08% Rest of World

Fund Facts

Fund Type UCITS
Inception Date 28/01/2011
Domicile Ireland
Asset Class High Yield
Morningstar Category Bonds
Distributions Quarterly
Dealing Frequency Daily

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Share Class Info

Share Class A1
ISIN IE00BK71B576
Currency USD
Accumulating / Distributing Distributing
Share Class Inception Date 14/08/2020
Admin., Depository & Operating Expenses $1,000
Management Charges 1.20%

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Objective

The Barings Global Senior Secured Bond Fund is an actively managed senior secured bond strategy that seeks to provide high current income and, where appropriate, capital appreciation with a compelling risk/return profile.

Strategy

The Fund seeks to achieve its investment objective by investing in a diversified portfolio of secured high yield instruments that are listed or traded on recognized markets in Europe and 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 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 30/09/2020

Average Duration

3.10 yrs

Number of Issuers

164 issuers

Regional Composition - Bonds

Top 5 Countries

Country % of Assets
UNITED STATES 52.41%
UNITED KINGDOM 16.20%
GERMANY 8.03%
FRANCE 3.86%
IRELAND 2.51%
Total 83.01%

Top 10 Holdings

Holding % of Assets
CEMEX S.A.B. DE C.V. 1.92%
TRIUMPH GROUP, INC. 1.84%
AUTOMOTIVE ASSOCIATION (AKA THE AA) 1.70%
TENET HEALTHCARE CORPORATION 1.66%
VIRGIN MEDIA 1.59%
BOYNE USA 1.45%
TRANSDIGM GROUP, INC. 1.42%
VERITAS 1.42%
ACRISURE 1.36%
RESTAURANT BRANDS (FKA BURGER KING) 1.35%
Total 15.71%

Top 10 Industries

Industry % of Assets
BASIC INDUSTRY 13.54%
LEISURE 10.78%
MEDIA 10.09%
CAPITAL GOODS 9.37%
TELECOMMUNICATIONS 9.23%
HEALTHCARE 8.23%
SERVICES 6.54%
TECHNOLOGY & ELECTRONICS 4.91%
RETAIL 4.84%
INSURANCE 4.08%
Total 81.61%

Portfolio Managers

Chris Sawyer

Chris Sawyer

Kelly Burton

Kelly Burton

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