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Barings U.S. High Yield Bond Fund

ISIN:IE00BYZRRB39

Fund Size
as of 30/04/2020
$ 114.20 Million
Number of Issuers
as of 30/04/2020
137 issuers
Yield to Worst
as of 30/04/2020
8.26%
Geographic Focus
as of 30/04/2020
93.94% Amérique du Nord
4.24% Europe
1.82% Rest of World

Fund Facts

Type de fond UCITS
Date de création 17/02/2016
Domicile Irlande
Classe d'actifs High Yield
Morningstar Category Bonds
Distributions Quarterly
Dealing Frequency Daily

Classes disponibles

Share Class E
ISIN IE00BYZRRB39
Devise EUR
Accumulating / Distributing accumulé
Admin., Depository & Operating Expenses Capped at 20 bps per annum
Management Charges 0.00%

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.

Portefeuille as of 30/04/2020

Average Duration

4.41 yrs

Number of Issuers

137 issuers

Portfolio Assets Composition

Quality Distribution

Ratings % of Assets
BBB 5.05%
BB 45.11%
B 33.00%
CCC AND BELOW 15.09%
NR 1.75%
Total 100.00%

Top 5 Countries

Country % of Assets
ETATS-UNIS 90.54%
CANADA 3.40%
ROYAUME-UNI 1.91%
ZAMBIA 1.25%
ITALIE 0.87%
Total 97.97%

Top 10 Holdings

Holding % of Assets
JBS 3.46%
SPRINT CORPORATION 3.02%
KENAN ADVANTAGE 2.80%
ICAHN ENTERPRISES 2.55%
KINROSS GOLD CORP. 2.26%
LBC TANK TERMINALS 2.18%
CHARTER COMMUNICATIONS 1.95%
TRANSDIGM GROUP, INC. 1.86%
TENET HEALTHCARE CORPORATION 1.78%
T-MOBILE US INC. 1.75%
Total 23.61%

Top 10 Industries

Industry % of Assets
COMMUNICATIONS 21.55%
CONSUMER NON-CYCLICAL 16.76%
BASIC INDUSTRY 9.69%
CONSUMER CYCLICAL 9.64%
CAPITAL GOODS 8.47%
ENERGY 7.98%
TRANSPORTATION 7.31%
TECHNOLOGY 6.41%
OTHER FINANCIAL 3.73%
INSURANCE 2.66%
Total 94.20%
X

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