M&G (Lux) Global Floating Rate High Yield Fund GBP C-H Inc

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Performance History30/09/2024
Growth of 1,000 (GBP) Advanced Graph
M&G (Lux) Global Floating Rate High Yield Fund GBP C-H Inc
Fund-0.15.8-1.413.86.2
+/-Cat-3.81.99.32.5-1.1
+/-B’mrk-5.11.010.31.0-1.5
 
Key Stats
NAV
04/10/2024
 GBP 9.62
Day Change -0.03%
Morningstar Category™ Global High Yield Bond - GBP Hedged
IA (formerly IMA) Sector -
ISIN LU1854149496
Fund Size (Mil)
04/10/2024
 EUR 2193.74
Share Class Size (Mil)
04/10/2024
 GBP 0.94
Max Initial Charge 1.25%
Ongoing Charge
21/05/2024
  0.62%
Morningstar Research
Analyst Report31/08/2024
Morningstar Manager Research,
Morningstar, Inc

M&G (Lux) Global Floating Rate High Yield is a differentiated proposition that offers global high-yield bond exposure, with negligible interest-rate duration. But the necessity to hold a liquidity buffer given the illiquidity of the underlying...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People24
Parent23
Process23
Performance
Price
Investment Objective: M&G (Lux) Global Floating Rate High Yield Fund GBP C-H Inc
The Fund aims to provide a higher total return (the combination of capital growth and income) than that of the global floating rate high yield bond market over any five-year period.
Returns
Trailing Returns (GBP)04/10/2024
YTD6.25
3 Years Annualised6.27
5 Years Annualised5.09
10 Years Annualised-
12 Month Yield 8.28
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
James Tomlins
21/09/2018
Inception Date
22/02/2019
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
ICE BofA Gbl Fl Rt HY 3% cons hdg TR USDMorningstar Gbl HY Bd GR Hdg GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  M&G (Lux) Global Floating Rate High Yield Fund GBP C-H Inc31/08/2024
Fixed Income
Effective Maturity-
Effective Duration-
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond87.740.0087.74
Property0.000.000.00
Cash96.0783.8712.21
Other0.050.000.05

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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