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 Gaisermanager
for
4 years
and 5 months
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 Backhousemanager
for
12 years
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)
169.73p
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
01/10/2012
Asset Allocation
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
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
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
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
B82VC22
Mex Code
ADSAAL
Isin Code
GB00B82VC222
Citi Code
G7CO
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
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.