Prudential Dividend Bond (ex M&G)

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

Performance

Discrete performance - to last month end

30/04/16
to
30/04/17
30/04/17
to
30/04/18
30/04/18
to
30/04/19
30/04/19
to
30/04/20
30/04/20
to
30/04/21
Fund 15.7% -1.0% 1.9% -14.5% 22.2%
Sector 14.7% 4.8% 0.3% -17.6% 22.3%
Rank 53/142 128/144 37/144 53/145 77/145
Quartile 2 4 2 2 3

Annualised performance

Annualised
3 Years to
30/04/21
5 Years to
30/04/21
10 Years to
30/04/21
Fund 2.1% 4.1% 5.0%
Sector 0.4% 4.0% 5.3%
Rank 49/144 88/142 85/122
Quartile 2 3 3

Top 10 Holdings

Stock % Weight
RIO TINTO 5.56
BP 4.84
BRITISH AMERICAN TOBACCO 4.58
ASTRAZENECA 3.72
IMPERIAL BRANDS 3.70
ENTAIN 3.57
GLAXOSMITHKLINE 3.49
LLOYDS BANKING GROUP 2.76
VODAFONE GROUP 2.64
INTERMEDIATE CAPITAL GROUP 2.46
Total 37.31

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the M&G Dividend Fund - the underlying fund.

Underlying Fund Objective: The fund invests mainly in a range of UK equities with the aim of achieving a steadily increasing income stream. The fund will target a yield higher than that of the FTSE All-Share Index. Subject to this, the aim will be to maximise total return (the combination of income and growth of capital).

Fund Manager

Michael Stiasny manager of the underlying fund for 2 years and 2 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

Bid (14/05/2021) 123.40
Offer (14/05/2021) 129.70
Fund size (30/03/2021) £5.12m
Underlying Fund size £1065.32m
Number of holdings 80
Launch date 20/04/1994

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.01%
Yearly Total 1.01%

Asset Allocation

pie chart
  UK Equities 88.74%
  International Equities 6.81%
  Property 3.29%
  Investment Trusts 1.49%
  Cash and Equivalents -0.33%
Portfolio data accurate as at: 30/04/21

Important Information

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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 88.74%
  International Equities 6.81%
  Property 3.29%
  Investment Trusts 1.49%
  Cash and Equivalents -0.33%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 27.52% - - -
 
Insurance - 12.43% - -
 
Life Insurance - - 7.08% -
 
Life Insurance - - - 7.08%
 
Non-life Insurance - - 5.36% -
 
Property & Casualty Insurance - - - 4.10%
 
Reinsurance - - - 0.76%
 
Full Line Insurance - - - 0.50%
 
Financial Services - 9.59% - -
 
Investment Banking & Brokerage Services - - 8.10% -
 
Asset Managers & Custodians - - - 7.22%
 
Investment Services - - - 0.87%
 
Equity Investment Instruments - - 1.49% -
 
Equity Investment Instruments - - - 1.49%
 
Banks - 5.50% - -
 
Banks - - 5.50% -
 
Banks - - - 5.50%
 
Consumer Discretionary 15.39% - - -
 
Media - 5.81% - -
 
Media - - 5.81% -
 
Publishing - - - 2.13%
 
Media Agencies - - - 1.97%
 
Radio & TV Broadcasters - - - 1.71%
 
Travel & Leisure - 4.49% - -
 
Travel & Leisure - - 4.49% -
 
Casinos & Gambling - - - 3.57%
 
Travel & Tourism - - - 0.46%
 
Restaurants & Bars - - - 0.46%
 
Consumer Products & Services - 3.64% - -
 
Household Goods & Home Construction - - 3.54% -
 
Home Construction - - - 3.54%
 
Leisure Goods - - 0.10% -
 
Toys - - - 0.10%
 
Retail - 1.20% - -
 
Retailers - - 1.20% -
 
Specialty Retailers - - - 0.74%
 
Home Improvement Retailers - - - 0.46%
 
Automobiles & Parts - 0.25% - -
 
Automobiles & Parts - - 0.25% -
 
Tires - - - 0.25%
 
Consumer Staples 11.55% - - -
 
Food, Beverage & Tobacco - 9.90% - -
 
Tobacco - - 8.28% -
 
Tobacco - - - 8.28%
 
Beverages - - 1.12% -
 
Soft Drinks - - - 1.12%
 
Food Producers - - 0.50% -
 
Food Products - - - 0.50%
 
Personal Care, Drug & Grocery Stores - 1.66% - -
 
Personal Care, Drug & Grocery Stores - - 1.66% -
 
Personal Products - - - 0.99%
 
Food Retailers & Wholesalers - - - 0.66%
 
Health Care 8.91% - - -
 
Health Care - 8.91% - -
 
Pharmaceuticals & Biotechnology - - 8.91% -
 
Pharmaceuticals - - - 8.91%
 
Basic Materials 8.29% - - -
 
Basic Resources - 6.50% - -
 
Industrial Metals & Mining - - 5.70% -
 
General Mining - - - 5.70%
 
Industrial Materials - - 0.80% -
 
Paper - - - 0.80%
 
Chemicals - 1.80% - -
 
Chemicals - - 1.80% -
 
Specialty Chemicals - - - 1.80%
 
Energy 7.59% - - -
 
Energy - 7.59% - -
 
Non-Renewable Energy - - 7.59% -
 
Integrated Oil & Gas - - - 6.46%
 
Oil: Crude Producers - - - 1.10%
 
Oil Equipment & Services - - - 0.03%
 
Utilities 6.24% - - -
 
Utilities - 6.24% - -
 
Gas, Water & Multi-utilities - - 3.35% -
 
Multi-Utilities - - - 2.85%
 
Water - - - 0.50%
 
Electricity - - 2.90% -
 
Conventional Electricity - - - 2.90%
 
Industrials 4.77% - - -
 
Industrial Goods & Services - 4.67% - -
 
General Industrials - - 2.28% -
 
Containers & Packaging - - - 2.28%
 
Industrial Support Services - - 1.82% -
 
Industrial Suppliers - - - 1.31%
 
Transaction Processing Services - - - 0.51%
 
Electronic & Electrical Equipment - - 0.57% -
 
Electronic Equipment: Control & Filter - - - 0.57%
 
Construction & Materials - 0.10% - -
 
Construction & Materials - - 0.10% -
 
Construction - - - 0.10%
 
Real Estate 4.57% - - -
 
Real Estate - 4.57% - -
 
Real Estate Investment Trusts - - 4.01% -
 
Residential REITs - - - 1.34%
 
Industrial REITs - - - 1.28%
 
Office REITs - - - 0.72%
 
Retail REITs - - - 0.67%
 
Real Estate Investment & Services - - 0.56% -
 
Real Estate Holding and Development - - - 0.56%
 
Telecommunications 3.35% - - -
 
Telecommunications - 3.35% - -
 
Telecommunications Service Providers - - 2.64% -
 
Telecommunications Services - - - 2.64%
 
Telecommunications Equipment - - 0.71% -
 
Telecommunications Equipment - - - 0.71%
 
Technology 2.15% - - -
 
Technology - 2.15% - -
 
Software & Computer Services - - 2.15% -
 
Software - - - 1.26%
 
Consumer Digital Services - - - 0.89%
 
Cash and Equivalents -0.33% - - -

Regional Allocation

pie chart
  UK 88.74%
  Developed Europe - Excl UK 4.36%
  Property 3.29%
  North America 2.18%
  Non-Classified 1.49%
  Japan 0.27%
  Cash and Equivalents -0.33%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 98.79%
  Cash 1.02%
  Pound Sterling 0.18%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 88.74% -
 
United Kingdom - 88.74%
 
Developed Europe - Excl UK 4.36% -
 
France - 2.08%
 
Finland - 1.05%
 
Luxembourg - 0.71%
 
Switzerland - 0.50%
 
Norway - 0.03%
 
Property 3.29% -
 
North America 2.18% -
 
United States - 1.44%
 
Canada - 0.74%
 
Non-Classified 1.49% -
 
Japan 0.27% -
 
Japan - 0.27%
 
Cash and Equivalents -0.33% -

Breakdown By Market Cap (%)

Mega
 
 
37.54%
Large
 
 
29.62%
Medium
 
 
14.92%
Small
 
 
12.63%
Micro
 
 
1.90%
Non-Classified
 
 
3.73%
Cash
 
-0.33%

Top 10 Holdings

Stock % Weight Sector Country
1 RIO TINTO 5.56% Industrial Metals & Mining United Kingdom
2 BP 4.84% Non-Renewable Energy United Kingdom
3 BRITISH AMERICAN TOBACCO 4.58% Tobacco United Kingdom
4 ASTRAZENECA 3.72% Pharmaceuticals & Biotechnology United Kingdom
5 IMPERIAL BRANDS 3.70% Tobacco United Kingdom
6 ENTAIN 3.57% Travel & Leisure United Kingdom
7 GLAXOSMITHKLINE 3.49% Pharmaceuticals & Biotechnology United Kingdom
8 LLOYDS BANKING GROUP 2.76% Banks United Kingdom
9 VODAFONE GROUP 2.64% Telecommunications Service Providers United Kingdom
10 INTERMEDIATE CAPITAL GROUP 2.46% Investment Banking & Brokerage Services United Kingdom

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology 2.15% - - - - - - - 2.15%
Telecommunications 2.64% 0.71% - - - - - - 3.35%
Financials 25.53% 0.50% - - - - 1.49% - 27.52%
Real Estate 1.28% - - - - 3.29% - - 4.57%
Consumer Discretionary 15.14% 0.25% - - - - - - 15.39%
Consumer Staples 11.55% - - - - - - - 11.55%
Energy 5.94% 1.65% - - - - - - 7.59%
Utilities 5.79% 0.45% - - - - - - 6.24%
Health Care 7.20% 1.71% - - - - - - 8.91%
Industrials 4.77% - - - - - - - 4.77%
Basic Materials 6.75% 1.54% - - - - - - 8.29%
Cash and Equivalents - - - - - - - -0.33% -0.33%

Important Information

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 0558941
Mex Code MGDB
Isin Code GB0005589410
Citi Code MA86

Fund Charges

Annual Management Charge (AMC) 1.00%
Further Costs 0.01%
Yearly Total 1.01%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the M&G Dividend Fund - the underlying fund. Underlying Fund Objective: The fund invests mainly in a range of UK equities with the aim of achieving a steadily increasing income stream. The fund will target a yield higher than that of the FTSE All-Share Index. Subject to this, the aim will be to maximise total return (the combination of income and growth of capital).
Benchmark FTSE All-Share Index
ABI Sector UK Equity Income

Ratings

FE Crown Crown Rating of 2

Important Information

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Charges and further costs 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

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

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 fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs 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 net 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.