Barings U.S. Loan Fund
ISIN:IE00BG1TSL47
Fund Facts
| Fund Type | Qualifying Investor Alternative Investment Fund |
| Inception Date | 31/08/2018 |
| Domicile | Ireland |
| Asset Class | Fixed Income |
| Morningstar Category | Loans |
| Distributions | Quarterly |
| Dealing Frequency | Daily |
Share Class Info
| Share Class | A |
| ISIN | IE00BG1TSL47 |
| Currency | CHF |
| Accumulating / Distributing | Accumulating |
Objective
The Barings U.S. Loan Fund seeks to provide investors with current income and, in certain circumstances, capital appreciation.
Strategy
The Fund seeks to achieve its investment objective by primarily investing in U.S. dollar denominated senior secured loans.
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. While the Fund will primarily invest in senior secured loans, the fund will also invest 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 30/09/2019
Average Duration
0.19 yrs
Number of Issuers
157 issuers
Portfolio Assets Composition
Quality Distribution
| Ratings | % of Assets |
| BB | 25.50% |
| B | 63.67% |
| CCC AND BELOW | 9.72% |
| NR | 1.11% |
| Total | 100.00% |
Top 5 Countries
| Country | % of Assets |
| UNITED STATES | 91.89% |
| UNITED KINGDOM | 3.59% |
| CANADA | 2.54% |
| NETHERLANDS | 1.24% |
| GERMANY | 0.75% |
| Total | 100.01% |
Top 10 Holdings
| Holding | % of Assets |
| ASURION | 1.63% |
| VERITAS | 1.59% |
| VERTAFORE | 1.58% |
| FINASTRA (FKA MISYS) | 1.48% |
| APEX TOOL GROUP, LLC. | 1.38% |
| HUB INTERNATIONAL LIMITED | 1.34% |
| CENTURYLINK, INC. | 1.33% |
| ALTICE USA, INC | 1.33% |
| FIELDWOOD ENERGY LLC | 1.30% |
| SPRINT CORPORATION | 1.29% |
| Total | 14.25% |
Top 10 Industries
| Industry | % of Assets |
| INFORMATION TECHNOLOGY | 18.80% |
| HEALTHCARE | 12.63% |
| FINANCIAL | 11.16% |
| SERVICE | 7.08% |
| FOREST PROD/CONTAINERS | 5.32% |
| MANUFACTURING | 4.76% |
| DIVERSIFIED MEDIA | 4.64% |
| GAMING/LEISURE | 4.09% |
| ENERGY | 3.73% |
| CHEMICALS | 3.43% |
| Total | 75.64% |
Documents
Portfolio Managers
Thomas McDonnell
David Mihalick
Mark Senkpiel, CFA
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