PIA M&G Dividend Ser B

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

Performance

Discrete performance - to last month end

31/05/19
to
31/05/20
31/05/20
to
31/05/21
31/05/21
to
31/05/22
31/05/22
to
31/05/23
31/05/23
to
31/05/24
Fund -11.4% 22.0% 5.4% -3.8% 11.7%
Sector -13.1% 25.9% 6.7% 0.1% 11.8%
Rank 21/33 23/34 23/34 31/34 22/34
Quartile 3 3 3 4 3

Annualised performance

Annualised
3 Years to
31/05/24
5 Years to
31/05/24
10 Years to
31/05/24
Fund 4.3% 4.1% 3.4%
Sector 6.1% 5.5% 4.4%
Rank 29/33 30/32 21/22
Quartile 4 4 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

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 has three aims: 1. to provide an annual yield higher than that of the FTSE All-Share Index; 2. to provide an income stream that increases every year; 3. 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. At least 70% of the fund is invested in equity securities and equity-related securities of companies across any sector and market capitalisation, that are incorporated, domiciled, listed or do most of their business in the United Kingdom. The fund may also invest in other transferable securities, including the shares of non-UK companies, cash and near cash directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for efficient portfolio management and hedging.

Fund Manager

Michael Stiasny manager of the underlying fund for 5 years and 3 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 (13/06/2024) 3.55
Offer (13/06/2024) 3.73
Fund size (30/04/2024) £10.73m
Underlying Fund size £800.89m
Number of holdings 132
Launch date 10/04/2003

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.01%
Yearly Total 1.31%

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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

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 the fund's currency of denomination with gross 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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

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 B00HWN7
Mex Code SBNWHI
Isin Code IE00B00HWN72
Citi Code QV64

Fund Charges

Annual Management Charge (AMC) 1.30%
Further Costs 0.01%
Yearly Total 1.31%

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 has three aims: 1. to provide an annual yield higher than that of the FTSE All-Share Index; 2. to provide an income stream that increases every year; 3. 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. At least 70% of the fund is invested in equity securities and equity-related securities of companies across any sector and market capitalisation, that are incorporated, domiciled, listed or do most of their business in the United Kingdom. The fund may also invest in other transferable securities, including the shares of non-UK companies, cash and near cash directly or via collective investment schemes (including funds managed by M&G). Derivatives may be used for efficient portfolio management and hedging.
Benchmark FTSE All Share Index
Sector OI UK Equity Income

Ratings

FE Crown Crown Rating of 2

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

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

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

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 the fund's currency of denomination with gross 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.

The registered office of Prudential International is in Ireland at Fitzwilliam Court, Leeson Cl, Dublin 2, D02 TC95. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland and in the context of its UK regulated activities only, is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.