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 […]
Subscribers can log in to continue reading. Otherwise, purchase The Monthly Access Pass or One Year Subscription to become a subscriber.
3rd March 2017

HY Euro Fund Performance

All figures are to month-end December 2018
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
4069-14.23
-0.42
-3.18
1.05
3.86
1.00
4.22
1.46
2Fidelity European Hi Yld A-Dis-EUR
LU0110060430
2706-13.82
-0.01
-5.81
-1.58
2.70
-0.16
2.24
-0.53
3AXAIMFIIS Europe Short Dur HY A Cap EUR
LU0658025209
2368-10.82
2.99
-2.66
1.57
1.37
-1.49
1.84
-0.93
4Candriam Bds Euro High Yld C EUR Cap
LU0012119607
2104-10.33
3.48
-2.78
1.45
3.17
0.31
3.83
1.06
5Pictet-EUR Short Term High Yield I EUR
LU0726357444
2007-6.20
7.61
-1.46
2.77
1.66
-1.20
1.56
-1.20
6UBS (Lux) BF Euro Hi Yld € P-acc
LU0086177085
1974-14.80
-0.99
-4.71
-0.48
2.87
0.01
2.71
-0.06
7DWS Invest Euro High Yield Corp LD
LU0616839766
1916-15.51
-1.70
-4.17
0.06
4.35
1.50
4.07
1.30
8HSBC GIF Euro High Yield Bond IC
LU0165129072
1595-8.28
5.54
-2.65
1.58
3.32
0.46
3.66
0.89
9ODDO BHF Euro Credit Short Dur DP-EUR
LU0628638388
1579-4.77
9.04
-1.26
2.97
1.32
-1.54
1.36
-1.41
10Schroder ISF EURO Hi Yld C Acc EUR
LU0849400030
1177-19.51
-5.70
-5.06
-0.83
4.02
1.17
4.32
1.56
11MS INVF European Currencies HY Bd I
LU0073255688
1000-14.61
-0.79
-4.47
-0.25
3.69
0.84
3.36
0.59
12Aberdeen Global SelEuro HYBd A Acc EUR
LU0119176310
814-18.55
-4.74
-5.29
-1.07
2.16
-0.69
2.84
0.07
13Amundi Fds II Optimal Yield E EUR ND
LU0229386650
792-13.74
0.07
-4.96
-0.73
2.40
-0.46
2.33
-0.44
14Evli European High Yield A
FI0008803911
791-14.59
-0.78
-4.28
-0.05
3.45
0.60
3.63
0.87
15Muzinich Europeyield HEUR Acc A
IE0005315449
785-11.72
2.09
-2.75
1.48
3.91
1.06
3.96
1.20
16Amundi Fds Bd Euro High Yield IE-C
LU0119109980
781-11.43
2.38
-3.49
0.74
2.84
-0.02
3.03
0.27
17Pramerica Sicav Euro High Yield I
LU1589372041
757-17.35
-3.54
-6.02
-1.79
0.00
0.00
0.00
0.00
18Danske Invest Euro HY Obl Akk KL DKK h
DK0060497378
732-18.37
-4.56
-6.07
-1.84
2.86
0.01
2.81
0.04
19JPM Europe High Yld Bd A (dist) EUR
LU0091079839
686-15.66
-1.85
-4.36
-0.13
2.81
-0.04
3.14
0.38
20Raiffeisen-Europa-HighYield R A
AT0000796529
597-14.37
-0.56
-4.67
-0.44
2.68
-0.17
2.55
-0.22

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
52-4.47
9.34
2.17
6.40
6.99
4.14
3.15
0.38
2PPF II MRB High Yield Bond R USD
LU1422844131
6-9.35
4.46
0.47
4.70
0.00
0.00
0.00
0.00
3BFC Masterfund High Yield LowVol EUR
LI0012044413
91.06
14.87
-0.32
3.91
0.75
-2.10
0.42
-2.35
4Covéa Haut Rendement I
FR0011134535
57-0.93
12.88
-1.22
3.01
0.25
-2.60
1.70
-1.07
5ODDO BHF Euro Credit Short Dur DP-EUR
LU0628638388
1579-4.77
9.04
-1.26
2.97
1.32
-1.54
1.36
-1.41
6Pharus SICAV Bond Opports A EUR Acc
LU0159790970
340.12
13.93
-1.36
2.87
0.99
-1.86
0.57
-2.20
7Ålandsbanken Euro High Yield B
FI0008809892
148-8.34
5.47
-1.39
2.84
3.67
0.82
3.39
0.63
8Pictet-EUR Short Term High Yield I EUR
LU0726357444
2007-6.20
7.61
-1.46
2.77
1.66
-1.20
1.56
-1.20
9Threadneedle (Lux) Eurp Hi Yld Bd 3G
LU1829334736
520-11.33
2.48
-1.71
2.52
4.00
1.14
3.64
0.88
10DPAM L Bonds EUR High Yield S/T F
LU0517222484
558-5.96
7.85
-1.78
2.45
1.76
-1.10
1.98
-0.78
11Oblig Corporate 1-2½ Y Euro C
FR0010806273
6-6.40
7.41
-1.79
2.44
2.47
-0.38
0.85
-1.92
12Amundi Fds Bd Euro High Yield S/T IE-C
LU0907330798
287-6.40
7.41
-1.81
2.42
1.83
-1.02
1.53
-1.23
13Ellipsis High Yield Fund IEUR
FR0011122019
84-9.43
4.38
-1.89
2.34
3.24
0.38
3.04
0.28
14Janus Henderson Hrzn Euro HY Bd I2 EUR
LU0828818087
238-12.30
1.51
-1.94
2.29
4.33
1.48
4.47
1.70
15Bantleon Select High Yield IA
LU1474210520
9-8.72
5.09
-2.00
2.23
0.00
0.00
0.00
0.00
16BlueBay High Yield Corp Bd I EUR
LU0435651418
104-11.74
2.07
-2.21
2.02
2.65
-0.20
2.40
-0.36
17JPM Europe Hi Yld Shrt Dur Bd C (acc)EUR
LU1533169881
181-9.40
4.41
-2.30
1.93
0.00
0.00
0.00
0.00
18Allianz Euro High Yield Defensive I EUR
LU0788519535
268-8.27
5.54
-2.37
1.86
3.50
0.64
3.23
0.47
19Invesco Euro High Yield Bond Z EUR Acc
LU1603800555
13-11.47
2.34
-2.39
1.83
0.00
0.00
0.00
0.00
20Kempen (Lux) Euro High Yield LR Acc
LU1626446964
18-8.52
5.29
-2.39
1.84
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 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 December 2018
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
1273-19.94
-5.67
-6.16
-2.41
5.79
1.39
3.19
-0.13
2Threadneedle HY Bd Ins Inc GBP
GB0008371121
711-10.56
3.72
-1.61
2.15
4.08
-0.32
3.40
0.07
3Schroder High Yield Opportunities Acc
GB0009505693
669-22.60
-8.33
-5.65
-1.90
4.38
-0.02
4.42
1.10
4Baillie Gifford High Yield Bond B Inc
GB0030816713
465-11.48
2.80
-2.52
1.23
5.09
0.69
3.54
0.22
5SLI Higher Income Inst Acc
GB0000936244
446-11.03
3.24
-1.57
2.19
4.13
-0.28
3.53
0.20
6Quilter Investors Bond 3 A (GBP) Inc
GB00B05K6392
173-15.67
-1.40
-7.70
-3.95
4.51
0.11
-0.57
-3.89
7Invesco High Yield UK Inc
GB0033049254
170-19.76
-5.49
-5.24
-1.48
3.29
-1.11
2.04
-1.28
8Aviva Investors High Yield Bd 3 GBP Acc
GB00B3CGJN23
122-15.11
-0.84
-4.27
-0.51
2.48
-1.92
3.44
0.12
9Scottish Widows High Income Bd Acc
GB0031643900
118-17.30
-3.03
-5.21
-1.46
2.73
-1.67
0.34
-2.98
10Newton Global High Yield Bond GBP Inc
GB0009633073
112-7.99
6.28
-2.31
1.45
4.94
0.53
1.86
-1.46
11RBS High Yield 1
GB0033520213
080-3.59
10.68
-2.34
1.42
3.51
-0.89
4.00
0.68
12Marlborough High Yield Fixed Int A Inc
GB00B03TN153
076-18.41
-4.14
-4.70
-0.94
2.95
-1.45
2.86
-0.46
13Aberdeen European High Yield Bond A Acc
GB00B5968F40
060-18.54
-4.26
-4.76
-1.00
2.42
-1.98
2.76
-0.56
14Quilter Investors Hi Yld Bd A GBP Inc
GB00B8SZLY38
058-10.63
3.65
-1.86
1.89
3.87
-0.53
3.36
0.04
15BMO Multi-Sector Higher Income Bd 1 Inc
GB0002053006
034-13.35
0.92
-4.45
-0.69
3.01
-1.40
2.31
-1.02
16Marlborough High Yield Fixed Intr C EUR
GG00BWX5H825
000-18.21
-3.93
-4.89
-1.14
0.00
0.00
0.00
0.00
17Marlborough HY Fixed Intr Guernsey Fdr
GG00BCF5NP92
-18.20
-3.92
-5.31
-1.56
1.83
-2.57
1.95
-1.37
18NatWest High Yield NAV
GB0033617373
-6.26
8.02
-3.02
0.73
3.27
-1.13
3.86
0.54
19St James's International Corp Bd Acc
GB00B62VYF56
-11.77
2.50
-3.21
0.54
2.34
-2.06
1.98
-1.34

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
1SLI Higher Income Inst Acc
GB0000936244
446-11.03
3.24
-1.57
2.19
4.13
-0.28
3.53
0.20
2Threadneedle HY Bd Ins Inc GBP
GB0008371121
711-10.56
3.72
-1.61
2.15
4.08
-0.32
3.40
0.07
3Quilter Investors Hi Yld Bd A GBP Inc
GB00B8SZLY38
058-10.63
3.65
-1.86
1.89
3.87
-0.53
3.36
0.04
4Newton Global High Yield Bond GBP Inc
GB0009633073
112-7.99
6.28
-2.31
1.45
4.94
0.53
1.86
-1.46
5RBS High Yield 1
GB0033520213
080-3.59
10.68
-2.34
1.42
3.51
-0.89
4.00
0.68
6Baillie Gifford High Yield Bond B Inc
GB0030816713
465-11.48
2.80
-2.52
1.23
5.09
0.69
3.54
0.22
7NatWest High Yield NAV
GB0033617373
000-6.26
8.02
-3.02
0.73
3.27
-1.13
3.86
0.54
8St James's International Corp Bd Acc
GB00B62VYF56
000-11.77
2.50
-3.21
0.54
2.34
-2.06
1.98
-1.34
9Aviva Investors High Yield Bd 3 GBP Acc
GB00B3CGJN23
122-15.11
-0.84
-4.27
-0.51
2.48
-1.92
3.44
0.12
10BMO Multi-Sector Higher Income Bd 1 Inc
GB0002053006
034-13.35
0.92
-4.45
-0.69
3.01
-1.40
2.31
-1.02
11Marlborough High Yield Fixed Int A Inc
GB00B03TN153
076-18.41
-4.14
-4.70
-0.94
2.95
-1.45
2.86
-0.46
12Aberdeen European High Yield Bond A Acc
GB00B5968F40
060-18.54
-4.26
-4.76
-1.00
2.42
-1.98
2.76
-0.56
13Marlborough High Yield Fixed Intr C EUR
GG00BWX5H825
000-18.21
-3.93
-4.89
-1.14
0.00
0.00
0.00
0.00
14Scottish Widows High Income Bd Acc
GB0031643900
118-17.30
-3.03
-5.21
-1.46
2.73
-1.67
0.34
-2.98
15Invesco High Yield UK Inc
GB0033049254
170-19.76
-5.49
-5.24
-1.48
3.29
-1.11
2.04
-1.28
16Marlborough HY Fixed Intr Guernsey Fdr
GG00BCF5NP92
000-18.20
-3.92
-5.31
-1.56
1.83
-2.57
1.95
-1.37
17Schroder High Yield Opportunities Acc
GB0009505693
-22.60
-8.33
-5.65
-1.90
4.38
-0.02
4.42
1.10
18L&G High Income I Acc
GB00B0CNHJ41
-19.94
-5.67
-6.16
-2.41
5.79
1.39
3.19
-0.13
19Quilter Investors Bond 3 A (GBP) Inc
GB00B05K6392
-15.67
-1.40
-7.70
-3.95
4.51
0.11
-0.57
-3.89

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.