Category Archives for "High Yield Funds"

6th January 2019

Corporate Bond Market Report: Year-End 2018

The corporate bond market endured its most torrid period since the crisis began. It delivered the worst performance since 2008 in total return terms, with the level of spread weakness not far behind. As measured by the Markit iBoxx index, IG widened by 76bp, high yield by almost 240bp and, for example, the AT1 index […]
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3rd March 2017

HY Euro Fund Performance

All figures are to month-end Feb 2019
Jump to: Top Performing HY € Funds


Largest HY € Funds: Total Returns /α (%)

Performance of the largest HY Euro corporate bond funds, ordered by assets under management.

#Fund /
ISIN
Size
(€mm)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Nordea 1 - European High Yld Bd BI EUR
LU0141799097
402615.13
4.21
2.02
2.39
6.28
1.50
4.73
1.63
2Fidelity European Hi Yld A-Dis-EUR
LU0110060430
280416.08
5.16
-1.07
-0.69
5.11
0.33
2.65
-0.45
3AXAIMFIIS Europe Short Dur HY A Cap EUR
LU0658025209
23116.74
-4.18
-0.23
0.14
2.21
-2.57
2.11
-0.99
4Candriam Bds Euro High Yld C EUR Cap
LU0012119607
229813.43
2.51
1.09
1.46
4.85
0.06
4.22
1.12
5DWS Invest Euro High Yield Corp LD
LU0616839766
213911.79
0.87
-0.38
0.00
6.13
1.34
4.39
1.29
6UBS (Lux) BF Euro Hi Yld € P-acc
LU0086177085
202712.85
1.93
-0.81
-0.44
5.36
0.58
3.06
-0.04
7Pictet-EUR Short Term High Yield I EUR
LU0726357444
20065.53
-5.39
0.69
1.06
2.37
-2.41
1.64
-1.46
8HSBC GIF Euro High Yield Bond AD
LU0165128421
168515.26
4.34
0.62
0.99
4.59
-0.20
3.39
0.29
9ODDO BHF Euro Credit Short Dur DP-EUR
LU0628638388
15914.46
-6.46
0.28
0.65
1.74
-3.05
1.53
-1.57
10Schroder ISF EURO Hi Yld C Acc EUR
LU0849400030
123913.21
2.29
-0.60
-0.23
5.99
1.20
4.66
1.56
11MS INVF European Currencies HY Bd I
LU0073255688
96511.71
0.79
-0.60
-0.22
5.77
0.99
3.66
0.56
12Amundi Fds Bd Euro High Yield IE-C
LU0119109980
92913.65
2.72
0.74
1.11
4.98
0.20
3.37
0.27
13AS SICAV I SelEuro HYBd A Acc EUR
LU0119176310
8747.87
-3.05
-2.11
-1.74
3.77
-1.01
3.10
0.00
14Pramerica Sicav Euro High Yield I
LU1589372041
79815.47
4.54
-1.23
-0.85
0.00
0.00
0.00
0.00
15Muzinich Europeyield HEUR Acc A
IE0005315449
79311.84
0.92
0.68
1.05
5.53
0.75
4.28
1.18
16Amundi Fds II Optimal Yield E EUR ND
LU0229386650
79012.12
1.20
-1.37
-1.00
4.58
-0.21
2.68
-0.42
17Danske Invest Euro HY Obl Akk KL DKK h
DK0060497378
76111.29
0.37
-2.51
-2.14
5.12
0.34
2.97
-0.13
18Evli European High Yield A
FI0008803911
76012.01
1.09
-0.55
-0.17
5.42
0.64
3.94
0.85
19JPM Europe High Yld Bd A (dist) EUR
LU0091079839
66411.29
0.37
-0.37
0.01
4.54
-0.25
3.34
0.24
20ODDO BHF Euro High Yield Bond CI-EUR
LU0115288721
65610.74
-0.18
0.76
1.13
5.05
0.26
3.53
0.43

MiFID II is HERE


Top Performing HY € Funds: Total Returns /α (%)

Top performing HY Euro corporate bond funds, ranked by rolling 1 year performance.

RankFund /
ISIN
Size
(€mm)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Switzerland Inv - Fixed Inc H/Y HAIG B
LU0382169703
5412.71
1.79
6.86
7.23
10.79
6.01
3.74
0.64
2BFC Masterfund High Yield LowVol EUR
LI0012044413
1011.07
0.15
3.12
3.50
2.31
-2.48
1.05
-2.04
3Threadneedle (Lux) Eurp Hi Yld Bd 3G
LU1829334736
51613.08
2.16
2.53
2.91
5.60
0.82
3.94
0.84
4Janus Henderson Hrzn Euro HY Bd I2 EUR
LU0828818087
30414.23
3.31
2.39
2.76
6.68
1.89
4.94
1.84
5Kempen (Lux) Euro High Yield LR Acc
LU1626446964
1915.78
4.86
2.05
2.43
0.00
0.00
0.00
0.00
6Nordea 1 - European High Yld Bd BI EUR
LU0141799097
402615.13
4.21
2.02
2.39
6.28
1.50
4.73
1.63
7Aegon European High Yield Bond I EUR Acc
IE00BZ005G52
18314.57
3.65
2.00
2.38
0.00
0.00
0.00
0.00
8M&G European HY Crdt Invm A EUR Acc
LU0895903457
6215.57
4.65
1.94
2.31
6.63
1.85
4.10
1.00
9UBAM FCP Euro High Yield Solution IC
FR0011896612
647.69
-3.23
1.90
2.27
5.05
0.26
0.00
0.00
10FP Shenkman Hansa High Yield
GB00B45PPM41
400.00
-10.92
1.82
2.20
4.33
-0.45
2.57
-0.53
11Oaktree (Lux) Fds - Eur Hi Yld Bd IB
LU0931246770
6513.86
2.94
1.81
2.19
5.26
0.48
3.72
0.62
12Ellipsis High Yield Fund IEUR
FR0011122019
8111.00
0.08
1.60
1.97
4.63
-0.15
3.37
0.27
13Invesco Euro High Yield Bond Z EUR Acc
LU1603800555
1413.94
3.01
1.60
1.97
0.00
0.00
0.00
0.00
14Bantleon Select High Yield IA
LU1474210520
910.25
-0.67
1.56
1.93
0.00
0.00
0.00
0.00
15Nordea Invest Euro High Yield Bonds
DK0016306798
30814.57
3.65
1.48
1.86
5.80
1.01
4.34
1.24
16UBAM Euro High Yield Solution IC EUR
LU1509922495
87.13
-3.79
1.44
1.81
0.00
0.00
0.00
0.00
17Nykredit Invest Engros European HY SRI
DK0016028020
28613.37
2.45
1.43
1.80
4.94
0.15
2.67
-0.43
18Barings European High Yield Bd S EUR Acc
IE00B460MY98
43316.18
5.26
1.40
1.77
6.11
1.32
4.96
1.86
19PGIM European BB-B HY Bd EUR I Acc
IE00BD1DGT97
2114.66
3.74
1.19
1.57
0.00
0.00
0.00
0.00
20BlueBay High Yield Corp Bd I EUR
LU0435651418
10710.91
-0.02
1.13
1.50
4.56
-0.22
2.67
-0.43

All Fund performance tables: Investment Grade EUR | Investment Grade GBP | High Yield EUR | High Yield GBP

Table information: European domiciled funds in Morningstar Category EUR High Yield Bond, Oldest share class, All figures EUR (€), Total returns annualised, as at last month end. Alpha is the measure of an investment’s return in excess of the Morningstar Category average.

Fund sizes are as reported by the management groups and the latest available to Morningstar. The Morningstar Rating is calculated based on a fund’s total returns, adjusted for risk and sales charges, relative to other funds in its Morningstar Category, based on a weighted average of a fund’s 3-, 5-, and ten-year ratings, depending on the length of its record.

Data source: © 2017 Morningstar, Inc. All rights reserved.

The information contained herein:

(1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Important note regarding third party indices:  Morningstar does not own any third party index data (S&P, FTSE, MSCI), so cannot authorise its use. The journalists should contact each vendor directly to get authorisation for the data they require.

3rd March 2017

HY Sterling Fund Performance

All figures are to month-end Feb 2019
Jump to: Top Performing HY £ Funds


Largest HY £ Funds: Total Returns /α (%)

Performance of the largest HY Sterling corporate bond funds ordered by assets under management (AUM).

#Fund /
ISIN
Size
(£mm)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1L&G High Income I Acc
GB00B0CNHJ41
131014.76
4.00
-1.23
-1.62
8.42
2.11
3.70
0.10
2Threadneedle HY Bd Ins Inc GBP
GB0008371121
74313.40
2.65
2.32
1.94
6.15
-0.17
3.85
0.25
3Schroder High Yield Opportunities Acc
GB0009505693
65913.17
2.41
-1.46
-1.84
7.06
0.74
4.81
1.21
4Baillie Gifford High Yield Bond B Inc
GB0030816713
65413.28
2.52
1.23
0.85
7.57
1.25
3.91
0.31
5SLI Higher Income Inst Acc
GB0000936244
4528.29
-2.47
1.36
0.97
5.91
-0.40
3.72
0.12
6Quilter Investors Bond 3 A (GBP) Inc
GB00B05K6392
17710.24
-0.52
-0.34
-0.72
6.49
0.17
-0.12
-3.72
7Invesco High Yield UK Inc
GB0033049254
16711.14
0.38
-2.34
-2.72
6.10
-0.21
2.49
-1.11
8Scottish Widows High Income Bd Acc
GB0031643900
12110.19
-0.57
-1.21
-1.59
5.10
-1.22
0.70
-2.90
9Newton Global High Yield Bond GBP Inc
GB0009633073
11412.94
2.18
1.72
1.34
6.30
-0.01
2.32
-1.28
10Aviva Investors High Yield Bd 3 GBP Acc
GB00B3CGJN23
11411.06
0.30
-0.49
-0.87
4.49
-1.83
3.67
0.07
11RBS High Yield 1
GB0033520213
0797.59
-3.17
0.81
0.43
4.62
-1.69
3.79
0.19
12Marlborough High Yield Fixed Int A Inc
GB00B03TN153
0757.82
-2.94
-1.46
-1.84
4.91
-1.41
3.11
-0.49
13Aberdeen European High Yield Bond A Acc
GB00B5968F40
0608.25
-2.51
-1.67
-2.05
4.14
-2.18
3.00
-0.60
14Quilter Investors Hi Yld Bd A GBP Inc
GB00B8SZLY38
05814.81
4.05
2.72
2.33
6.01
-0.30
3.85
0.25
15BMO Multi-Sector Higher Income Bd 1 Inc
GB0002053006
03413.81
3.05
1.09
0.71
5.55
-0.77
2.90
-0.70
16Marlborough High Yield Fixed Intr C EUR
GG00BWX5H825
0006.21
-4.55
-2.03
-2.41
0.00
0.00
0.00
0.00
17Marlborough HY Fixed Intr Guernsey Fdr
GG00BCF5NP92
6.68
-4.08
-2.32
-2.70
3.44
-2.88
2.47
-1.13
18NatWest High Yield NAV
GB0033617373
7.59
-3.17
0.81
0.43
4.62
-1.69
3.79
0.19
19St James's International Corp Bd Acc
GB00B62VYF56
12.28
1.52
1.96
1.58
4.17
-2.14
2.48
-1.12
200.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

MiFID II is HERE


Top Performing HY £ Funds: Total Returns /α (%)

Top performing HY Sterling corporate bond funds ranked by rolling 1 year performance.

RankFund /
ISIN
Size
(£mm)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Quilter Investors Hi Yld Bd A GBP Inc
GB00B8SZLY38
05814.81
4.05
2.72
2.33
6.01
-0.30
3.85
0.25
2Threadneedle HY Bd Ins Inc GBP
GB0008371121
74313.40
2.65
2.32
1.94
6.15
-0.17
3.85
0.25
3St James's International Corp Bd Acc
GB00B62VYF56
00012.28
1.52
1.96
1.58
4.17
-2.14
2.48
-1.12
4Newton Global High Yield Bond GBP Inc
GB0009633073
11412.94
2.18
1.72
1.34
6.30
-0.01
2.32
-1.28
5SLI Higher Income Inst Acc
GB0000936244
4528.29
-2.47
1.36
0.97
5.91
-0.40
3.72
0.12
6Baillie Gifford High Yield Bond B Inc
GB0030816713
65413.28
2.52
1.23
0.85
7.57
1.25
3.91
0.31
7BMO Multi-Sector Higher Income Bd 1 Inc
GB0002053006
03413.81
3.05
1.09
0.71
5.55
-0.77
2.90
-0.70
8NatWest High Yield NAV
GB0033617373
0007.59
-3.17
0.81
0.43
4.62
-1.69
3.79
0.19
9RBS High Yield 1
GB0033520213
0797.59
-3.17
0.81
0.43
4.62
-1.69
3.79
0.19
10Quilter Investors Bond 3 A (GBP) Inc
GB00B05K6392
17710.24
-0.52
-0.34
-0.72
6.49
0.17
-0.12
-3.72
11Aviva Investors High Yield Bd 3 GBP Acc
GB00B3CGJN23
11411.06
0.30
-0.49
-0.87
4.49
-1.83
3.67
0.07
12Scottish Widows High Income Bd Acc
GB0031643900
12110.19
-0.57
-1.21
-1.59
5.10
-1.22
0.70
-2.90
13L&G High Income I Acc
GB00B0CNHJ41
131014.76
4.00
-1.23
-1.62
8.42
2.11
3.70
0.10
14Marlborough High Yield Fixed Int A Inc
GB00B03TN153
0757.82
-2.94
-1.46
-1.84
4.91
-1.41
3.11
-0.49
15Schroder High Yield Opportunities Acc
GB0009505693
65913.17
2.41
-1.46
-1.84
7.06
0.74
4.81
1.21
16Aberdeen European High Yield Bond A Acc
GB00B5968F40
0608.25
-2.51
-1.67
-2.05
4.14
-2.18
3.00
-0.60
17Marlborough High Yield Fixed Intr C EUR
GG00BWX5H825
6.21
-4.55
-2.03
-2.41
0.00
0.00
0.00
0.00
18Marlborough HY Fixed Intr Guernsey Fdr
GG00BCF5NP92
6.68
-4.08
-2.32
-2.70
3.44
-2.88
2.47
-1.13
19Invesco High Yield UK Inc
GB0033049254
11.14
0.38
-2.34
-2.72
6.10
-0.21
2.49
-1.11
200.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

All Fund performance tables: Investment Grade EUR | Investment Grade GBP | High Yield EUR | High Yield GBP

Table information:European domiciled funds in Morningstar Category GBP High Yield Bond, Oldest share class, All figures GBP sterling (£), Total returns annualised, as at last month end. Alpha is the measure of an investment’s return in excess of the Morningstar Category average.

Fund sizes are as reported by the management groups and the latest available to Morningstar. The Morningstar Rating is calculated based on a fund’s total returns, adjusted for risk and sales charges, relative to other funds in its Morningstar Category, based on a weighted average of a fund’s 3-, 5-, and ten-year ratings, depending on the length of its record.

Data source: © 2019 Morningstar, Inc. All rights reserved.

The information contained herein:

(1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Important note regarding third party indices:  Morningstar does not own any third party index data (S&P, FTSE, MSCI), so cannot authorise its use. The journalists should contact each vendor directly to get authorisation for the data they require.