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 April 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
460818.81
4.12
3.94
2.59
5.42
1.58
4.85
1.61
2Fidelity European Hi Yld A-Dis-EUR
LU0110060430
259918.73
4.05
1.48
0.14
4.00
0.16
2.84
-0.40
3Candriam Bds Euro High Yld C EUR Cap
LU0012119607
250214.85
0.17
3.20
1.85
4.01
0.18
4.21
0.97
4AXAIMFIIS Europe Short Dur HY A Cap EUR
LU0658025209
240810.17
-4.52
0.83
-0.51
1.93
-1.91
2.26
-0.97
5DWS Invest Euro High Yield Corp LD
LU0616839766
225317.94
3.25
1.92
0.57
4.80
0.96
4.69
1.45
6UBS (Lux) BF Euro Hi Yld € P-acc
LU0086177085
208314.54
-0.15
0.88
-0.46
4.43
0.59
3.17
-0.06
7Pictet-EUR Short Term High Yield I EUR
LU0726357444
19596.08
-8.61
0.98
-0.36
1.70
-2.14
1.72
-1.51
8HSBC GIF Euro High Yield Bond AD
LU0165128421
178313.93
-0.75
2.43
1.08
3.58
-0.25
3.46
0.22
9ODDO BHF Euro Credit Short Dur DP-EUR
LU0628638388
15644.38
-10.31
0.71
-0.63
1.40
-2.44
1.56
-1.68
10Schroder ISF EURO Hi Yld C Acc EUR
LU0849400030
139119.70
5.02
1.70
0.36
5.13
1.29
4.85
1.61
11Muzinich Europeyield HEUR Acc A
IE0005315449
93115.84
1.15
2.54
1.20
4.55
0.72
4.40
1.16
12MS INVF European Currencies HY Bd I
LU0073255688
92516.93
2.24
1.44
0.10
4.49
0.65
3.81
0.57
13Amundi Fds Bd Euro High Yield IE-C
LU0119109980
88415.36
0.67
2.59
1.25
4.05
0.22
3.48
0.24
14AS SICAV I SelEuro HYBd A Acc EUR
LU0119176310
87214.18
-0.50
-0.38
-1.72
3.02
-0.82
3.16
-0.08
15Evli European High Yield A
FI0008803911
81614.71
0.02
1.44
0.09
4.54
0.70
4.04
0.80
16Amundi Fds II Optimal Yield E EUR ND
LU0229386650
80312.98
-1.71
0.20
-1.15
3.31
-0.53
2.71
-0.52
17Danske Invest Euro HY Obl Akk KL DKK h
DK0060497378
78615.39
0.70
-0.56
-1.91
3.94
0.10
3.08
-0.16
18Pramerica Sicav Euro High Yield I
LU1589372041
73018.50
3.81
0.89
-0.45
0.00
0.00
0.00
0.00
19JPM Europe High Yld Bd A (dist) EUR
LU0091079839
71615.28
0.60
1.49
0.14
3.47
-0.37
3.63
0.40
20ODDO BHF Euro High Yield Bond CI-EUR
LU0115288721
66312.62
-2.07
2.09
0.75
3.96
0.13
3.57
0.33

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
5621.11
6.43
9.98
8.63
10.52
6.68
3.98
0.75
2Janus Henderson Hrzn Euro HY Bd I2 EUR
LU0828818087
34818.10
3.42
4.28
2.93
5.48
1.64
5.04
1.80
3M&G European HY Crdt Invm A EUR Acc
LU0895903457
6721.36
6.67
4.26
2.92
5.17
1.33
4.28
1.05
4Kempen (Lux) Euro High Yield LR Acc
LU1626446964
2117.23
2.54
4.14
2.79
0.00
0.00
0.00
0.00
5Aegon European High Yield Bond I EUR Acc
IE00BZ005G52
20319.23
4.54
4.10
2.75
0.00
0.00
0.00
0.00
6Oaktree (Lux) Fds - Eur Hi Yld Bd IB
LU0931246770
7116.63
1.95
4.00
2.66
4.49
0.65
3.88
0.65
7Nordea 1 - European High Yld Bd BI EUR
LU0141799097
460818.81
4.12
3.94
2.59
5.42
1.58
4.85
1.61
8BFC Masterfund High Yield LowVol EUR
LI0012044413
107.38
-7.31
3.60
2.25
1.33
-2.50
1.09
-2.15
9Barings European High Yield Bd S EUR Acc
IE00B460MY98
49922.00
7.32
3.59
2.25
5.29
1.45
5.20
1.97
10FP Shenkman Hansa High Yield
GB00B45PPM41
4015.94
1.25
3.57
2.22
3.54
-0.30
2.78
-0.46
11Threadneedle (Lux) Eurp Hi Yld Bd 3G
LU1829334736
52615.06
0.37
3.45
2.10
5.12
1.28
4.13
0.89
12Nordea Invest Euro High Yield Bonds
DK0016306798
31318.06
3.37
3.31
1.97
4.99
1.15
4.40
1.16
13Robeco European High Yield Bonds DH €
LU0226953981
29118.43
3.74
3.31
1.97
4.33
0.50
4.23
0.99
14PGIM European BB-B HY Bd EUR I Acc
IE00BD1DGT97
2218.76
4.07
3.27
1.92
0.00
0.00
0.00
0.00
15Neuberger Berman Eurp HY Bd EUR I Acc
IE00BNH72V92
2517.30
2.61
3.26
1.92
4.74
0.90
0.00
0.00
16Candriam Bds Euro High Yld C EUR Cap
LU0012119607
250214.85
0.17
3.20
1.85
4.01
0.18
4.21
0.97
17ICG High Yield A EUR Acc
IE00B906YW07
017.38
2.69
3.19
1.84
4.11
0.27
3.03
-0.21
18Ellipsis High Yield Fund IEUR
FR0011122019
7113.22
-1.46
3.18
1.83
3.74
-0.10
3.40
0.16
19Invesco Euro High Yield Bond Z EUR Acc
LU1603800555
1415.91
1.23
3.17
1.83
0.00
0.00
0.00
0.00
20DPAM L Bonds EUR Corporate High Yield A
LU0966248915
18318.70
4.02
3.16
1.82
5.05
1.21
5.43
2.19

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 April 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
134318.19
2.49
2.05
-0.49
6.20
1.03
3.87
0.04
2Threadneedle HY Bd Ins Inc GBP
GB0008371121
77016.33
0.63
3.94
1.39
5.26
0.09
4.03
0.20
3Schroder High Yield Opportunities Acc
GB0009505693
65020.87
5.17
0.88
-1.67
5.82
0.66
4.99
1.16
4Baillie Gifford High Yield Bond B Inc
GB0030816713
62519.37
3.67
3.62
1.07
6.02
0.85
4.13
0.30
5SLI Higher Income Inst Acc
GB0000936244
45514.71
-0.99
3.12
0.58
4.84
-0.33
3.85
0.02
6Quilter Investors Bond 3 A (GBP) Inc
GB00B05K6392
16811.91
-3.79
1.80
-0.74
4.74
-0.42
0.24
-3.59
7Invesco High Yield UK Inc
GB0033049254
15722.19
6.49
1.13
-1.42
5.31
0.15
3.17
-0.67
8Newton Global High Yield Bond GBP Inc
GB0009633073
15110.46
-5.24
3.59
1.05
5.25
0.08
2.50
-1.33
9Scottish Widows High Income Bd Acc
GB0031643900
12112.74
-2.96
1.61
-0.93
3.65
-1.52
0.77
-3.06
10Aviva Investors High Yield Bd 3 GBP Acc
GB00B3CGJN23
10520.02
4.32
2.30
-0.25
3.65
-1.51
3.91
0.08
11RBS High Yield 1
GB0033520213
07910.32
-5.39
2.51
-0.03
3.82
-1.35
4.04
0.21
12Marlborough High Yield Fixed Int A Inc
GB00B03TN153
07417.81
2.11
0.86
-1.68
4.18
-0.98
3.39
-0.45
13Aberdeen European High Yield Bond A Acc
GB00B5968F40
06215.71
0.00
0.16
-2.38
3.48
-1.69
3.19
-0.64
14Quilter Investors Hi Yld Bd A GBP Inc
GB00B8SZLY38
05517.41
1.70
4.28
1.74
5.14
-0.02
4.07
0.24
15BMO Multi-Sector Higher Income Bd 1 Inc
GB0002053006
02916.60
0.90
3.25
0.71
4.44
-0.73
3.12
-0.71
16Marlborough High Yield Fixed Intr C EUR
GG00BWX5H825
00014.37
-1.33
0.08
-2.46
0.00
0.00
0.00
0.00
17Marlborough HY Fixed Intr Guernsey Fdr
GG00BCF5NP92
14.06
-1.64
-0.44
-2.99
2.80
-2.37
1.96
-1.87
18NatWest High Yield NAV
GB0033617373
10.32
-5.39
2.51
-0.03
3.82
-1.35
4.04
0.21
19St James's International Corp Bd Acc
GB00B62VYF56
15.16
-0.55
3.52
0.98
3.25
-1.91
2.55
-1.28

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
05517.41
1.70
4.28
1.74
5.14
-0.02
4.07
0.24
2Threadneedle HY Bd Ins Inc GBP
GB0008371121
77016.33
0.63
3.94
1.39
5.26
0.09
4.03
0.20
3Baillie Gifford High Yield Bond B Inc
GB0030816713
62519.37
3.67
3.62
1.07
6.02
0.85
4.13
0.30
4Newton Global High Yield Bond GBP Inc
GB0009633073
15110.46
-5.24
3.59
1.05
5.25
0.08
2.50
-1.33
5St James's International Corp Bd Acc
GB00B62VYF56
00015.16
-0.55
3.52
0.98
3.25
-1.91
2.55
-1.28
6BMO Multi-Sector Higher Income Bd 1 Inc
GB0002053006
02916.60
0.90
3.25
0.71
4.44
-0.73
3.12
-0.71
7SLI Higher Income Inst Acc
GB0000936244
45514.71
-0.99
3.12
0.58
4.84
-0.33
3.85
0.02
8NatWest High Yield NAV
GB0033617373
00010.32
-5.39
2.51
-0.03
3.82
-1.35
4.04
0.21
9RBS High Yield 1
GB0033520213
07910.32
-5.39
2.51
-0.03
3.82
-1.35
4.04
0.21
10Aviva Investors High Yield Bd 3 GBP Acc
GB00B3CGJN23
10520.02
4.32
2.30
-0.25
3.65
-1.51
3.91
0.08
11L&G High Income I Acc
GB00B0CNHJ41
134318.19
2.49
2.05
-0.49
6.20
1.03
3.87
0.04
12Quilter Investors Bond 3 A (GBP) Inc
GB00B05K6392
16811.91
-3.79
1.80
-0.74
4.74
-0.42
0.24
-3.59
13Scottish Widows High Income Bd Acc
GB0031643900
12112.74
-2.96
1.61
-0.93
3.65
-1.52
0.77
-3.06
14Invesco High Yield UK Inc
GB0033049254
15722.19
6.49
1.13
-1.42
5.31
0.15
3.17
-0.67
15Schroder High Yield Opportunities Acc
GB0009505693
65020.87
5.17
0.88
-1.67
5.82
0.66
4.99
1.16
16Marlborough High Yield Fixed Int A Inc
GB00B03TN153
07417.81
2.11
0.86
-1.68
4.18
-0.98
3.39
-0.45
17Aberdeen European High Yield Bond A Acc
GB00B5968F40
15.71
0.00
0.16
-2.38
3.48
-1.69
3.19
-0.64
18Marlborough High Yield Fixed Intr C EUR
GG00BWX5H825
14.37
-1.33
0.08
-2.46
0.00
0.00
0.00
0.00
19Marlborough HY Fixed Intr Guernsey Fdr
GG00BCF5NP92
14.06
-1.64
-0.44
-2.99
2.80
-2.37
1.96
-1.87

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.