M&G Dividend Class I GBP Acc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/03/19
to
31/03/20		 31/03/20
to
31/03/21		 31/03/21
to
31/03/22		 31/03/22
to
31/03/23		 31/03/23
to
31/03/24
Fund -21.1% 33.7% 10.9% -0.2% 2.9%
Sector -20.6% 32.6% 10.8% 0.2% 7.6%
Rank 39/73 30/73 35/74 44/76 71/76
Quartile 3 2 2 3 4

Annualised performance

Annualised
3 Years to
31/03/24		 5 Years to
31/03/24		 10 Years to
31/03/24
Fund 4.4% 3.7% 3.8%
Sector 6.1% 4.7% 4.9%
Rank 55/74 54/73 50/62
Quartile 3 3 4

Top 10 Holdings

Stock % Weight
BP 7.00
HSBC HOLDINGS 6.61
ASTRAZENECA 4.87
RIO TINTO 4.20
IMPERIAL BRANDS 4.09
GSK 4.08
BRITISH AMERICAN TOBACCO 4.05
SHELL 3.99
LLOYDS BANKING GROUP 2.94
NATIONAL GRID 2.81
Total 44.65

Fund Aims

The Fund has three aims:

• To provide an annual yield higher than that of the FTSE All-Share Index; • To provide an income stream that increases every year; • To provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the FTSE All-Share Index over any five-year period.

Fund Manager

Michael Stiasny manager for 5 years and 1 months

Photo of Michael Stiasny Michael Stiasny is the fund manager of Charifund and, since 1 April 2018, of the M&G UK Income Distribution Fund. He is also deputy fund manager of both the M&G Recovery Fund and the M&G Global Recovery Fund. He joined M&G in 1998 as an equity analyst, becoming head of the pan-European equity research team in 2005. He was appointed deputy fund manager of the M&G Recovery Fund in 2011. Michael graduated with a degree in philosophy, politics and economics from the University of Oxford. He is a CFA charterholder.

Fund Overview

Mid (18/04/2024) 1832.59p
Historic yield 5.30%
Fund size (31/03/2024) £800.89m
Number of holdings 132
Entry Charge 0.00%
Ongoing Charges 0.73%
Launch date 06/05/1964

Asset Allocation

pie chart
  UK Equities 87.08%
  International Equities 7.68%
  Property 2.23%
  Investment Trusts 1.89%
  Cash and Equivalents 1.09%
  Money Market 0.03%
  UK Corporate Bonds 0.00%
  International Bonds 0.00%
  Other Assets 0.00%
Portfolio data accurate as at: 31/03/24

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  UK Equities 87.08%
  International Equities 7.68%
  Property 2.23%
  Investment Trusts 1.89%
  Cash and Equivalents 1.09%
  Money Market 0.03%
  UK Corporate Bonds 0.00%
  International Bonds 0.00%
  Other Assets 0.00%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Financials 32.16% - - -
 
 Banks - 12.05% - -
 
 Banks - - 12.05% -
 
 Banks - - - 12.05%
 
 Insurance - 11.41% - -
 
 Life Insurance - - 8.46% -
 
 Life Insurance - - - 8.46%
 
 Non-life Insurance - - 2.95% -
 
 Property & Casualty Insurance - - - 2.02%
 
 Reinsurance - - - 0.93%
 
 Financial Services - 8.69% - -
 
 Investment Banking & Brokerage Services - - 6.55% -
 
 Asset Managers & Custodians - - - 5.20%
 
 Investment Services - - - 1.35%
 
 Equity Investment Instruments - - 1.89% -
 
 Equity Investment Instruments - - - 1.89%
 
 Finance & Credit Services - - 0.25% -
 
 Mortgage Finance - - - 0.25%
 
 Energy 12.20% - - -
 
 Energy - 12.20% - -
 
 Non-Renewable Energy - - 12.20% -
 
 Integrated Oil & Gas - - - 11.36%
 
 Oil: Crude Producers - - - 0.83%
 
 Consumer Staples 10.63% - - -
 
 Food, Beverage & Tobacco - 8.15% - -
 
 Tobacco - - 8.15% -
 
 Tobacco - - - 8.15%
 
 Personal Care, Drug & Grocery Stores - 2.49% - -
 
 Personal Care, Drug & Grocery Stores - - 2.49% -
 
 Food Retailers & Wholesalers - - - 1.26%
 
 Personal Products - - - 1.22%
 
 Health Care 8.95% - - -
 
 Health Care - 8.95% - -
 
 Pharmaceuticals & Biotechnology - - 8.95% -
 
 Pharmaceuticals - - - 8.95%
 
 Utilities 7.87% - - -
 
 Utilities - 7.87% - -
 
 Gas, Water & Multi-utilities - - 5.55% -
 
 Multi-Utilities - - - 4.39%
 
 Water - - - 1.16%
 
 Electricity - - 2.32% -
 
 Conventional Electricity - - - 2.32%
 
 Consumer Discretionary 7.27% - - -
 
 Media - 3.41% - -
 
 Media - - 3.41% -
 
 Radio & TV Broadcasters - - - 1.45%
 
 Publishing - - - 1.07%
 
 Media Agencies - - - 0.89%
 
 Consumer Products & Services - 1.67% - -
 
 Household Goods & Home Construction - - 1.22% -
 
 Home Construction - - - 1.22%
 
 Personal Goods - - 0.45% -
 
 Clothing & Accessories - - - 0.45%
 
 Travel & Leisure - 1.26% - -
 
 Travel & Leisure - - 1.26% -
 
 Casinos & Gambling - - - 1.26%
 
 Retail - 0.93% - -
 
 Retailers - - 0.93% -
 
 Home Improvement Retailers - - - 0.93%
 
 Basic Materials 7.25% - - -
 
 Basic Resources - 6.62% - -
 
 Industrial Metals & Mining - - 5.73% -
 
 General Mining - - - 5.73%
 
 Industrial Materials - - 0.89% -
 
 Paper - - - 0.89%
 
 Chemicals - 0.63% - -
 
 Chemicals - - 0.63% -
 
 Specialty Chemicals - - - 0.63%
 
 Industrials 5.71% - - -
 
 Industrial Goods & Services - 5.15% - -
 
 General Industrials - - 2.23% -
 
 Containers & Packaging - - - 2.23%
 
 Industrial Support Services - - 1.35% -
 
 Business Training & Employment Agencies - - - 0.85%
 
 Professional Business Support Services - - - 0.48%
 
 Transaction Processing Services - - - 0.02%
 
 Industrial Engineering - - 0.82% -
 
 Machinery: Specialty - - - 0.82%
 
 Industrial Transportation - - 0.76% -
 
 Delivery Services - - - 0.48%
 
 Marine Transportation - - - 0.27%
 
 Construction & Materials - 0.56% - -
 
 Construction & Materials - - 0.56% -
 
 Building Materials: Other - - - 0.31%
 
 Construction - - - 0.18%
 
 Engineering & Contracting Services - - - 0.07%
 
 Real Estate 3.05% - - -
 
 Real Estate - 3.05% - -
 
 Real Estate Investment Trusts - - 2.45% -
 
 Diversified REITs - - - 1.58%
 
 Retail REITs - - - 0.57%
 
 Office REITs - - - 0.22%
 
 Residential REITs - - - 0.08%
 
 Real Estate Investment & Services - - 0.60% -
 
 Real Estate Holding and Development - - - 0.60%
 
 Telecommunications 2.94% - - -
 
 Telecommunications - 2.94% - -
 
 Telecommunications Service Providers - - 2.94% -
 
 Telecommunications Services - - - 2.94%
 
 Cash and Equivalents 1.12% - - -
 
 Technology 0.86% - - -
 
 Technology - 0.86% - -
 
 Software & Computer Services - - 0.86% -
 
 Consumer Digital Services - - - 0.86%
 
 Non-Classified 0.00% - - -
 
 Bonds 0.00% - - -

Regional Allocation

pie chart
  UK 89.15%
  Developed Europe - Excl UK 4.09%
  Property 2.23%
  Non-Classified 1.89%
  Cash and Equivalents 1.12%
  North America 0.93%
  Developed Asia 0.58%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 98.91%
  Cash 1.09%

Regional Breakdown

Expand allCollapse all
Region Country
 
 UK 89.15% -
 
 United Kingdom - 87.08%
 
 Isle of Man - 1.26%
 
 Guernsey - 0.81%
 
 Developed Europe - Excl UK 4.09% -
 
 France - 1.96%
 
 Finland - 0.89%
 
 Germany - 0.64%
 
 Ireland - 0.60%
 
 Netherlands - 0.00%
 
 Property 2.23% -
 
 Non-Classified 1.89% -
 
 Cash and Equivalents 1.12% -
 
 North America 0.93% -
 
 Bermuda - 0.93%
 
 Developed Asia 0.58% -
 
 Singapore - 0.31%
 
 Hong Kong - 0.27%

Breakdown By Market Cap (%)

Mega
 
 
36.97%
Large
 
 
12.85%
Medium
 
 
15.21%
Small
 
 
5.99%
Micro
 
 
0.54%
Non-Classified
 
 
27.31%
Cash
 
 
1.12%

Top 10 Holdings

Stock % Weight Sector Country
1 BP 7.00% Non-Renewable Energy United Kingdom
2 HSBC HOLDINGS 6.61% Banks United Kingdom
3 ASTRAZENECA 4.87% Pharmaceuticals & Biotechnology United Kingdom
4 RIO TINTO 4.20% Industrial Metals & Mining United Kingdom
5 IMPERIAL BRANDS 4.09% Tobacco United Kingdom
6 GSK 4.08% Pharmaceuticals & Biotechnology United Kingdom
7 BRITISH AMERICAN TOBACCO 4.05% Tobacco United Kingdom
8 SHELL 3.99% Non-Renewable Energy United Kingdom
9 LLOYDS BANKING GROUP 2.94% Banks United Kingdom
10 NATIONAL GRID 2.81% Gas, Water & Multi-utilities United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 0.86% - - - - - - - 0.86%
Telecommunications 2.63% 0.31% - - - - - - 2.94%
Financials 28.70% 1.57% - - - - 1.89% - 32.16%
Real Estate - 0.81% - - - 2.23% - - 3.05%
Consumer Discretionary 6.01% 1.26% - - - - - - 7.27%
Consumer Staples 10.63% - - - - - - - 10.63%
Energy 11.82% 0.38% - - - - - - 12.20%
Utilities 6.29% 1.58% - - - - - - 7.87%
Health Care 8.95% - - - - - - - 8.95%
Industrials 5.44% 0.27% - - - - - - 5.71%
Basic Materials 5.76% 1.49% - - - - - - 7.25%
Cash and Equivalents - - - - - - - 1.09% 1.09%
Bonds - - - - - - - - -
Non-Classified - - - - - - - 0.03% 0.03%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B7BX482
Mex Code -
Isin Code GB00B7BX4821
Citi Code 0ZCX

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.73%

Aims and Benchmark

Aims The Fund has three aims: • To provide an annual yield higher than that of the FTSE All-Share Index; • To provide an income stream that increases every year; • To provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the FTSE All-Share Index over any five-year period.
Benchmark FTSE All-Share Index
Benchmark Category Target
IA Sector UK Equity Income

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £2.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Annually
Distribution Type Dividend
Distribution Payment Basis Net

Ratings

FE Crown Crown Rating of 2

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository The National Westminster Bank plc
Fund Administrator IFDS
Fund Registrar IFDS
Fund Custodian State Street Bank and Trust Company

Group Details

Group name M&G Investments
Group address 10 Fenchurch Avenue London EC3M 5AG United Kingdom
Group telephone 0800 390 390
Dealing telephone 0800 328 3196
Email info@mandg.co.uk
Homepage www.mandg.co.uk
Fax number -

Dealing

Minimum Investment -
Minimum Top Up -
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.