Aviva Investors Sterling Corporate Bond

(Class 1 Accumulation [GBP])

 

Performance

Cumulative Performance (%)

3m 6m 1Yr 3Yr 5Yr
Fund 3.21% 4.27% 4.06% 7.44% -5.81%
Sector 3.29% 4.60% 5.06% 10.48% -0.36%
Rank 65/97 80/96 79/96 60/92 65/89
Quartile 3 4 4 3 3

Discrete Performance (%) - to last month end

06/20 to 06/21 06/21 to 06/22 06/22 to 06/23 06/23 to 06/24 06/24 to 06/25
Fund 2.47% -14.77% -5.81% 10.25% 4.79%
Sector 3.29% -12.86% -4.63% 10.54% 5.84%
Rank 57/89 68/89 49/92 47/94 79/96
Quartile 3 4 3 2 4

Fund Aims

To provide a high income payable monthly and to guard against capital erosion through diversified investment, principally in the UK, in fixed interest securities, convertibles, preference shares and high yielding equities. The Fund may invest in any of the following financial instruments in order to achieve its investment objective: transferable securities, money market instruments, units in collective investment schemes, deposits and derivatives and forward transactions.

Fund Managers

James Vokins manager for: 15 years 6 months

James joined Aviva Investors in September 2005 and manages a selection of retail corporate bond funds within the UK investment grade asset class. James initially joined Aviva Investors as a graduate within the finance department, spending the first nine months of his employment within compliance and business risk. In October 2006 he moved to the credit team as an investment analyst. He has had several short-term internships with JP Morgan in the debt capital markets bond/loan origination. He has also worked for ConocoPhillips as a desk assistant for the crude oil traders and for HSBC as a major projects analyst. James holds a BSc (Hons) in Business Administration, from University of Bath and the CFA Society of the UK, Investment Management Certificate. He has also passed the CFA.

Colin Purdie manager for: 9 years 1 months

Colin runs the Sustainable Future Corporate Bond Fund as part of the SRI desk and has a wealth of experience running credit funds in order to maximise value. He joins Aviva Investors from Aegon Asset Management where he worked for 4 years as an investment manager for 2 credit funds in addition to being a banking sector specialist. Previous to this, Colin worked as a fixed income agency broker with Charles Stanley. Colin began his career with the FSA on a graduate programme which included a 6 month secondment at Gartmore. Colin holds an LLB Law (Hons) degree from the University of Edinburgh in addition to the Certificate in Securities and Financial Derivatives from the Securities Institute and the CFA. He also speaks German to an intermediate level.


Fund Overview

Price

Bid 164.94p

Offer 164.94p (11/07/2025)

Distribution yield
3.60%
£188.4m
Number of holdings
147
Initial charge
4.00%
Annual Management Charge
1.00%
Ongoing Charges
0.70%

Top 10 Holdings
Stock Name % Weight
MITCHELLS & BUTLERS FINANCE PLC CALLABLE OTHER 2.5%
GREENE KING FINANCE PLC CALLABLE NOTES VARIABLE 2.3%
GOLDMAN SACHS GROUP INC/THE MEDIUM TERM NOTE FIXED 2.0%
EUROPEAN INVESTMENT BANK BOND FIXED 4.625% 2.0%
AT&T INC CALLABLE BOND FIXED 4.375% 14/SEP/2029 1.9%
BANK OF AMERICA CORP CALLABLE MEDIUM TERM NOTE 1.9%
DEXIA SA MEDIUM TERM NOTE FIXED 0.25% 10/DEC/2026 1.8%
OCCIDENTAL PETROLEUM CORP CALLABLE NOTES FIXED 1.7%
TESCO PROPERTY FINANCE 3 PLC BOND FIXED 5.744% 1.7%
EUROPEAN INVESTMENT BANK BOND FIXED 5.625% 1.7%
Total 19.5%

Asset Allocation
Name % Weight
International Bonds 54.58
UK Bonds 40.93
Cash & Equivalents 3.52
UK Gilt 1.27
Hedge Funds -0.30


Data accurate at: 30/06/2025

Performance figures show total return with no initial charge and net income reinvested, except for Offshore funds which show gross income reinvested. Cumulative performance figures are calculated from the previous working day. Discrete performance figures are calculated from the previous month end.