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Barings Global Senior Secured Bond Fund

ISIN:IE00BNN79R85

Fund Size
as of 30/04/2019
$ 447.00 Million
Number of Issuers
as of 30/04/2019
132 issuers
Yield to Worst
as of 30/04/2019
4.97%
Geographic Focus
as of 30/04/2019
49.60% Europe
49.50% North America
0.90% 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 D
ISIN IE00BNN79R85
Currency NOK
Accumulating / Distributing Distributing
Admin., Depository & Operating Expenses Capped at 20 bps per annum
Management Charges 0.60%

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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 30/04/2019

Average Duration

2.53 yrs

Number of Issuers

132 issuers

Regional Composition - Bonds

Top 5 Countries

Country % of Assets
UNITED STATES 45.64%
UNITED KINGDOM 24.19%
GERMANY 7.27%
IRELAND 3.32%
ITALY 3.20%
Total 83.62%

Top 10 Holdings

Holding % of Assets
CITGO HOLDING, INC. 2.10%
ACRISURE 2.00%
TRANSDIGM GROUP, INC. 1.98%
VUE CINEMAS 1.85%
PEABODY ENERGY CORP. 1.80%
DOMESTIC & GENERAL 1.80%
BAUSCH HEALTH COMPANIES (F.K.A. VALEANT PHARMACEUTICALS) 1.69%
OCADO 1.53%
AUTOMOTIVE ASSOCIATION (AKA THE AA) 1.46%
VIRTU FINANCIAL 1.41%
Total 17.62%

Top 10 Industries

Industry % of Assets
BASIC INDUSTRY 14.67%
HEALTHCARE 9.39%
MEDIA 9.17%
CAPITAL GOODS 8.13%
SERVICES 7.75%
RETAIL 7.08%
TECHNOLOGY & ELECTRONICS 6.48%
ENERGY 6.25%
LEISURE 5.83%
INSURANCE 5.49%
Total 80.24%
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