CT High Yield Bond Class Z (Gross) Inc

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

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20		 30/04/20
to
30/04/21		 30/04/21
to
30/04/22		 30/04/22
to
30/04/23		 30/04/23
to
30/04/24
Fund -3.0% 13.8% -5.7% -1.3% 10.6%
Sector -6.7% 18.6% -4.4% -1.3% 9.7%
Rank 3/24 22/27 18/29 15/29 10/29
Quartile 1 4 3 2 2

Annualised performance

Annualised
3 Years to
30/04/24		 5 Years to
30/04/24		 10 Years to
30/04/24
Fund 1.0% 2.6% 3.7%
Sector 1.1% 2.7% 3.0%
Rank 16/29 14/24 6/20
Quartile 3 3 2

Top 10 Holdings

Stock % Weight
BLACKROCK ICS STERL LIQ – PREM DIS 2.56
ROLLS-ROYCE PLC 5.75 15/10/2027 1.05
BELLIS ACQUISITION CO PL 3.25 16/02/2026 1.02
LORCA TELECOM BONDCO 4.00 18/09/2027 1.01
TEVA PHARM FNC NL II 3.75 09/05/2027 0.80
INEOS FINANCE PLC 6.375 15/04/2029 0.79
MARKET BIDCO FINCO PLC 5.50 04/11/2027 0.78
TELEFONICA EUROPE BV 4.375 0.77
INPOST SA 2.25 15/07/2027 0.76
ILIAD HOLDING SAS 5.125 15/10/2026 0.76
Total 10.29

Fund Aims

The Fund aims to achieve a higher level of income. Income will be paid monthly. The Fund invests principally in higher risk UK and international fixed interest securities. It may also invest in equities.

Fund Manager

Roman Gaiser manager for 4 years and 5 months

Photo of Roman Gaiser Roman Gaiser is the Head of Portfolio Management, High Yield, EMEA having re-joined Columbia Threadneedle Investments in 2018. Based in London, Roman is responsible for the performance of Columbia Threadneedle’s European high yield portfolios. He has over 20 years of experience of European corporate credit and more than 18 years of experience in running European high yield portfolios. Roman worked at the company before as a high yield portfolio manager between 2005 and 2011. Since 2011. he was Head of High Yield at Pictet Asset Management, in charge of its European high yield and European short-term high yield bond strategies. Previously, he has worked as a portfolio manager at F&C in London and as an analyst for Bankgesellschaft in Berlin.

David Backhouse manager for 12 years

Photo of David Backhouse David Backhouse is a portfolio manager in the dedicated High Yield Bond team. He joined the company in 2003 as an investment analyst, specialising in non-investment grade credits. Before joining the company, David worked for Gartmore as a credit analyst. He has also worked for UBK Asset Management as a senior Telecommunications analyst and Ernst & Young as an auditor.He holds a BEng (Hons) degree in electrical and electronic engineering from UMIST and is a qualified chartered accountant. David is a member the Institute of Chartered Accountants in England and Wales.

Fund Overview

Mid (03/05/2024) 92.78p
Distribution yield 4.71%
Underlying yield -
Fund size (29/02/2024) £579.22m
Number of holdings 354
Entry Charge 3.00%
Ongoing Charges 0.73%
Launch date 24/09/2013

Asset Allocation

pie chart
  International Bonds 78.55%
  UK Corporate Bonds 16.90%
  Cash and Equivalents 0.84%
  Other Assets 3.71%
Portfolio data accurate as at: 29/02/24

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
  International Bonds 78.55%
  UK Corporate Bonds 16.90%
  Cash and Equivalents 0.84%
  Other Assets 3.71%

Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
 Bonds 95.45% - - -
 
 Non-Classified 3.71% - - -
 
 Cash and Equivalents 0.84% - - -

Regional Allocation

pie chart
  Developed Europe - Excl UK 62.29%
  UK 16.90%
  Non-Classified 10.24%
  North America 6.36%
  Emerging Europe 2.14%
  Cash and Equivalents 0.84%
  South & Central America 0.80%
  Japan 0.42%

Fixed Interest Currencies

pie chart
  Euro 79.11%
  Pound Sterling 15.24%
  Non-Fixed Interest Assets 3.71%
  US Dollar 1.10%
  Cash 0.84%

Regional Breakdown

Expand allCollapse all
Region Country
 
 Developed Europe - Excl UK 62.29% -
 
 France - 14.61%
 
 Netherlands - 11.35%
 
 Germany - 10.10%
 
 Luxembourg - 8.24%
 
 Italy - 6.11%
 
 Spain - 6.09%
 
 Sweden - 2.06%
 
 Portugal - 1.69%
 
 Ireland - 1.32%
 
 Belgium - 0.52%
 
 Denmark - 0.20%
 
 UK 16.90% -
 
 United Kingdom - 16.90%
 
 Non-Classified 10.24% -
 
 North America 6.36% -
 
 United States - 6.12%
 
 Canada - 0.24%
 
 Emerging Europe 2.14% -
 
 Greece - 1.14%
 
 Poland - 0.57%
 
 Romania - 0.43%
 
 Cash and Equivalents 0.84% -
 
 South & Central America 0.80% -
 
 Mexico - 0.80%
 
 Japan 0.42% -
 
 Japan - 0.42%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
63.53%
5Yr - 10Yr Maturity
 
 
15.20%
10Yr - 15Yr Maturity
 
 
0.10%
> 15Yr Maturity
 
 
16.61%
Cash And Equivalents
 
 
0.84%
Unknown Maturity
 
 
3.71%

Fixed Interest Quality Profile

A
 
 
0.36%
BBB
 
 
8.23%
Sub-Investment Grade
 
 
40.90%
Unknown Quality
 
 
45.96%
Cash and Equivalents
 
 
0.84%
Other Asset Types
 
 
3.71%

Top 10 Holdings

Stock % Weight Sector Country
1 BLACKROCK ICS STERL LIQ – PREM DIS 2.56% Non-Classified Non-Classified
2 ROLLS-ROYCE PLC 5.75 15/10/2027 1.05% Bonds United Kingdom
3 BELLIS ACQUISITION CO PL 3.25 16/02/2026 1.02% Bonds United Kingdom
4 LORCA TELECOM BONDCO 4.00 18/09/2027 1.01% Bonds Spain
5 TEVA PHARM FNC NL II 3.75 09/05/2027 0.80% Bonds Netherlands
6 INEOS FINANCE PLC 6.375 15/04/2029 0.79% Bonds United Kingdom
7 MARKET BIDCO FINCO PLC 5.50 04/11/2027 0.78% Bonds United Kingdom
8 TELEFONICA EUROPE BV 4.375 0.77% Bonds Netherlands
9 INPOST SA 2.25 15/07/2027 0.76% Bonds Luxembourg
10 ILIAD HOLDING SAS 5.125 15/10/2026 0.76% Bonds France

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 B99MVQ2
Mex Code DDTI24
Isin Code GB00B99MVQ21
Citi Code J6HD

Fund Charges

Entry Charge 3.00%
Ongoing Charges 0.73%

Aims and Benchmark

Aims The Fund aims to achieve a higher level of income. Income will be paid monthly. The Fund invests principally in higher risk UK and international fixed interest securities. It may also invest in equities.
Benchmark Merrill Lynch European Currency High Yield (3%) Constrained Index ex Subordinated Financials (Hedged to £)
Benchmark Category -
IA Sector £ High Yield

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type OEIC
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Monthly
Distribution Type Interest
Distribution Payment Basis Gross

Distribution Dates

Ex dividend date(s) Income payment date(s)
08 December 04 January
08 January 04 February
08 February 04 March
08 March 04 April
08 April 04 May
08 May 04 June
08 June 04 July
08 July 04 August
08 August 04 September
08 September 04 October
08 October 04 November
08 November 04 December

Ratings

FE Crown Crown Rating of 1

Effect of Deductions

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

Fund Administration

Fund Trustee/Depository Citibank
Fund Administrator Citibank
Fund Registrar IFDS
Fund Custodian Citibank

Group Details

Group name Threadneedle
Group address Cannon Place 78 Cannon Street London EC4N 6AG
Group telephone 0800 068 4000
Dealing telephone 0800 068 4000
Email questions@service.columbiathreadneedle.co.uk
Homepage www.columbiathreadneedle.com
Fax number 0800 068 4001

Dealing

Minimum Investment £1000000
Minimum Top Up £50000
Minimum Regular Saving -
Settlement Period: Buy 4 days
Settlement Period: Sell 4 days
Pricing Basis Forward
Dealing Decimals 2

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.