Prudential Baillie Gifford High Yield Bond S5

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

Performance

Discrete performance - to last month end

30/06/19
to
30/06/20
30/06/20
to
30/06/21
30/06/21
to
30/06/22
30/06/22
to
30/06/23
30/06/23
to
30/06/24
Fund -2.3% 6.0% -15.1% 3.0% 9.3%
Sector -2.5% 9.8% -11.8% 4.8% 8.8%
Rank 13/30 30/30 29/30 25/30 13/30
Quartile 2 4 4 4 2

Annualised performance

Annualised
3 Years to
30/06/24
5 Years to
30/06/24
10 Years to
30/06/24
Fund -1.5% -0.2% 0.9%
Sector 0.2% 1.5% 2.0%
Rank 28/30 30/30 30/30
Quartile 4 4 4

Top 10 Holdings

Stock % Weight
UK T Bill 19/08/2024 3.01
Aggreko 6.125% 2026 (144A) 1.81
EDF 6% 2026 Perp 1.70
Barclays 7.125% 2025 Perp AT1 1.64
Teva Pharma Ind 7.375% 2029 1.54
Chart Industries 7.5% 2030 (144A) 1.48
Brightline East 11% 2030 (144A) 1.45
IMA FRN 2029 1.44
Italmatch Chemicals 10% 2028 1.35
The House of HR 9% 2029 1.29
Total 16.70

Fund Aims

Objective: The investment strategy of the fund is to purchase units in the Baillie Gifford High Yield Bond Fund - the underlying fund.

Underlying Fund Objective: The fund aims to produce a combination of income and capital growth and will invest at least 80% in sub-investment grade bonds and will be actively managed. To the extent that the sub-fund is not fully invested in sub investment grade bonds, the sub-fund may also invest in other bonds, shares, other transferable securities, money market instruments, deposits and cash. The bonds in which the sub-fund invests will be denominated in sterling or denominated in other currencies and hedged back to sterling. The sub-fund may use derivatives and currency forwards for both investment purposes and in the management of risk.

Fund Manager

Faisal Islam manager of the underlying fund for 0 years and 4 months

Photo of Faisal Islam Faisal is an investment manager in the Credit Team, co-managing our High Yield Bond Strategy. Before joining Baillie Gifford in 2018, he worked for four years at PwC where he qualified as a chartered accountant in corporate finance, before moving to Aberdeen Standard Investments in 2016 as a high yield credit analyst. Faisal graduated BSc in Economics from the London School of Economics and Political Science in 2011 and is a CFA Charterholder.

Arthur Milson manager of the underlying fund for 1 years and 6 months

Photo of Arthur Milson Arthur Milson is an investment manager in the Credit Team. He is co-manager of our high yield bond funds and a member of the High Yield Portfolio Group. Before joining Baillie Gifford in 2022, Arthur worked for abrdn/Standard Life Investments for 16 years, where he was responsible for managing a number of high yield funds. Arthur graduated BSc Biological Sciences from The University of Edinburgh in 1992, has a postgraduate diploma in Commerce from The University of Wollongong and is a Chartered Accountant.

Fund Overview

Bid (18/07/2024) 146.30
Offer (18/07/2024) 146.30
Fund size (31/05/2024) £3.93m
Underlying Fund size £403.79m
Number of holdings 132
Launch date 25/01/2010

Fund Charges

Annual Management Charge (AMC) 1.90%
Further Costs 0.04%
Yearly Total 1.94%

Asset Allocation

pie chart
  International Bonds 83.34%
  UK Corporate Bonds 15.03%
  Cash and Equivalents 0.43%
  UK Equities 0.31%
  Alternative Trading Strategies 0.14%
  Other Assets 0.76%
Portfolio data accurate as at: 31/05/24

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 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
  International Bonds 83.34%
  UK Corporate Bonds 15.03%
  Cash and Equivalents 0.43%
  UK Equities 0.31%
  Alternative Trading Strategies 0.14%
  Other Assets 0.76%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 98.37% - - -
 
Non-Classified 0.76% - - -
 
Cash and Equivalents 0.43% - - -
 
Financials 0.31% - - -
 
Banks - 0.31% - -
 
Banks - - 0.31% -
 
Banks - - - 0.31%
 
Alternative Trading Strategies 0.14% - - -
 
Alternative Trading Strategies - 0.14% - -
 
Alternative Trading Strategies - - 0.14% -
 
Alternative Trading Strategies - - - 0.14%

Regional Allocation

pie chart
  Developed Europe - Excl UK 42.06%
  North America 34.37%
  UK 15.34%
  Non-Classified 5.84%
  Emerging Europe 1.53%
  Developed Asia 0.44%
  Cash and Equivalents 0.43%

Fixed Interest Currencies

pie chart
  US Dollar 42.27%
  Euro 39.69%
  Pound Sterling 16.41%
  Non-Fixed Interest Assets 1.20%
  Cash 0.43%

Regional Breakdown

Expand allCollapse all
Region Country
 
Developed Europe - Excl UK 42.06% -
 
France - 9.34%
 
Netherlands - 8.74%
 
Luxembourg - 6.37%
 
Germany - 6.29%
 
Italy - 5.56%
 
Ireland - 2.62%
 
Spain - 2.46%
 
Austria - 0.67%
 
North America 34.37% -
 
United States - 32.96%
 
Canada - 1.41%
 
UK 15.34% -
 
United Kingdom - 15.34%
 
Non-Classified 5.84% -
 
Emerging Europe 1.53% -
 
Romania - 1.19%
 
Poland - 0.34%
 
Developed Asia 0.44% -
 
Singapore - 0.44%
 
Cash and Equivalents 0.43% -

Breakdown By Market Cap (%)

Non-Classified
 
 
1.20%
Bonds
 
 
98.37%
Cash
 
 
0.43%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
57.09%
5Yr - 10Yr Maturity
 
 
31.14%
> 15Yr Maturity
 
 
10.14%
Cash And Equivalents
 
 
0.43%
Unknown Maturity
 
 
0.76%
Other Asset Types
 
 
0.45%

Fixed Interest Quality Profile

BBB
 
 
2.59%
Sub-Investment Grade
 
 
48.57%
Unknown Quality
 
 
47.21%
Cash and Equivalents
 
 
0.43%
Other Asset Types
 
 
1.20%

Top 10 Holdings

Stock % Weight Sector Country
1 UK T Bill 19/08/2024 3.01% Bonds United Kingdom
2 Aggreko 6.125% 2026 (144A) 1.81% Bonds Luxembourg
3 EDF 6% 2026 Perp 1.70% Bonds France
4 Barclays 7.125% 2025 Perp AT1 1.64% Bonds United Kingdom
5 Teva Pharma Ind 7.375% 2029 1.54% Bonds Non-Classified
6 Chart Industries 7.5% 2030 (144A) 1.48% Bonds United States
7 Brightline East 11% 2030 (144A) 1.45% Bonds United States
8 IMA FRN 2029 1.44% Bonds Non-Classified
9 Italmatch Chemicals 10% 2028 1.35% Bonds Italy
10 The House of HR 9% 2029 1.29% Bonds Netherlands

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 B5B1YL5
Mex Code PUBGHG
Isin Code GB00B5B1YL55
Citi Code I2Z9

Fund Charges

Annual Management Charge (AMC) 1.90%
Further Costs 0.04%
Yearly Total 1.94%

Aims and Benchmark

Aims Objective: The investment strategy of the fund is to purchase units in the Baillie Gifford High Yield Bond Fund - the underlying fund. Underlying Fund Objective: The fund aims to produce a combination of income and capital growth and will invest at least 80% in sub-investment grade bonds and will be actively managed. To the extent that the sub-fund is not fully invested in sub investment grade bonds, the sub-fund may also invest in other bonds, shares, other transferable securities, money market instruments, deposits and cash. The bonds in which the sub-fund invests will be denominated in sterling or denominated in other currencies and hedged back to sterling. The sub-fund may use derivatives and currency forwards for both investment purposes and in the management of risk.
Benchmark Investment Association Sterling High Yield sector average
Sector ABI Sterling High Yield

Ratings

FE Crown Crown Rating of 1

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 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.