EN Ireland Professional Investor

Barings Global Loan Fund

ISIN:IE00B60K8K75

Fund Size
as of 30/11/2019
$ 7.18 Billion
Number of Issuers
as of 30/11/2019
258 issuers
Current Yield
as of 30/11/2019
5.87%
Geographic Focus
as of 30/11/2019
72.39% North America
27.45% Europe
0.16% Rest of World

Fund Facts

Fund Type Qualifying Investor Alternative Investment Fund
Inception Date 13/09/2010
Domicile Ireland
Asset Class Fixed Income
Morningstar Category Loans
Distributions Quarterly
Dealing Frequency Daily

Share Class Info

Share Class D
ISIN IE00B60K8K75
Currency USD
Accumulating / Distributing Distributing
Share Class Inception Date 30/11/2011
Admin., Depository & Operating Expenses Capped at 20 bps per annum
Management Charges 0.65%

Objective

The Barings Global Loan Fund seeks to provide investors with current income, and where appropriate, capital appreciation.

Strategy

The Fund seeks to achieve its investment objective by investing primarily in senior secured loans and, to a lesser extent, senior secured bonds issued by North American and European companies.

Who Should Invest

The Fund is designed for investors seeking to benefit from a strategy that aims to produce a 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 30/11/2019

Average Duration

0.23 yrs

Number of Issuers

258 issuers

Portfolio Assets Composition

Quality Distribution

Ratings % of Assets
BB 18.77%
B 69.60%
CCC AND BELOW 8.17%
NR 3.50%
Total 100.04%

Top 5 Countries

Country % of Assets
UNITED STATES 70.63%
UNITED KINGDOM 10.06%
GERMANY 8.14%
NETHERLANDS 2.43%
CANADA 1.76%
Total 93.02%

Top 10 Holdings

Holding % of Assets
ENDEMOL 1.65%
FLINT GROUP 1.41%
VERITAS 1.40%
KRONOS 1.33%
FINASTRA 1.33%
ASURION 1.14%
ALTICE USA, INC 1.11%
MAUSER PACKAGING SOLUTIONS (FKA BWAY) 1.09%
FIELDWOOD ENERGY LLC 0.97%
ION TRADING TECHNOLOGIES 0.95%
Total 12.38%

Top 10 Industries

Industry % of Assets
INFORMATION TECHNOLOGY 14.64%
HEALTHCARE 12.95%
FINANCIAL 9.49%
SERVICE 9.35%
DIVERSIFIED MEDIA 7.33%
MANUFACTURING 5.49%
GAMING/LEISURE 5.16%
RETAIL 3.86%
FOREST PROD/CONTAINERS 3.51%
FOOD/TOBACCO 2.74%
Total 74.52%

Portfolio Managers

David Mihalick

David Mihalick

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