Category Archives for "Investment Grade 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

IG Euro Fund Performance

All figures are to month-end June 2019 Jump to: Top Performing IG € Funds


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

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

#Fund /
ISIN
Size
(€bn)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Schroder ISF EURO Corp Bd C Acc EUR
LU0113258742
8.95512.28
4.81
5.77
2.13
3.73
1.81
4.02
1.91
2Nordea 1 - European Covered Bond BP EUR
LU0076315455
4.51110.92
3.45
4.48
0.84
2.28
0.36
3.21
1.10
3MS INVF Euro Corporate Bond A
LU0132601682
4.22810.21
2.74
4.63
0.99
2.90
0.97
2.60
0.50
4SLI European Corporate Bd D Acc EUR
LU0177497814
3.0319.52
2.06
4.76
1.12
2.33
0.40
2.71
0.60
5BGF Euro Corporate Bond A1 EUR
LU0162660350
2.7299.73
2.26
4.76
1.12
2.55
0.62
2.90
0.79
6Nordea Corporate Bond I K
FI0008801303
2.62210.30
2.83
4.99
1.35
2.45
0.52
2.86
0.75
7SSGA State Street Euro Corp Bd Idx I Acc
LU0438092701
2.6078.95
1.48
4.74
1.10
2.17
0.24
2.69
0.58
8BlueBay Investment Grade Bd B EUR
LU0179826135
2.5719.97
2.50
3.97
0.33
2.87
0.94
2.16
0.06
9Vanguard Euro IG Bd Idx Ins EUR Acc
IE00B04FFJ44
2.4157.53
0.06
4.17
0.53
1.76
-0.17
2.43
0.32
10Parvest Bond Euro Corporate C C
LU0131210360
2.3888.45
0.98
4.10
0.46
1.85
-0.07
2.34
0.23
11Amundi Fds Euro Corp Bd I EUR C
LU0119099496
2.22710.42
2.95
5.11
1.47
2.97
1.04
2.80
0.69
12Caixabank Master RF Privada Euro FI
ES0114706007
2.1550.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
13Aegon Euro Credits I EUR Acc
IE00BZ005B08
2.0929.62
2.15
5.71
2.07
2.85
0.92
3.18
1.07
14Vontobel EUR Corp Bd Mid Yld A EUR
LU0153585566
1.87911.41
3.94
4.94
1.30
2.43
0.51
2.78
0.67
15Invesco Euro Corporate Bond C EUR Acc
LU0243958047
1.86111.58
4.11
5.19
1.55
2.60
0.67
2.31
0.21
16Schroder ISF EURO Crdt Convct C Acc EUR
LU0995119822
1.83312.91
5.45
6.13
2.49
4.84
2.91
4.73
2.62
17Kempen (Lux) Euro Credit J
LU0630255858
1.6959.92
2.45
5.47
1.83
2.74
0.82
3.21
1.10
18iShares Euro Crdt Bd Idx (IE) Instl Acc€
IE0031080645
1.6888.97
1.50
4.51
0.87
1.63
-0.30
2.39
0.28
19DWS Invest Euro Corporate Bds FC
LU0300357802
1.49110.54
3.07
5.26
1.62
2.87
0.95
2.96
0.85
20Janus Henderson Hrzn Euro Corp Bd I2 EUR
LU0451950587
1.4139.50
2.04
5.05
1.41
3.01
1.08
2.70
0.59

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

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

RankFund /
ISIN
Size
(€mm)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Zurich Corporate Bonds Long
LU1466077309
3421.31
13.84
11.01
7.37
0.00
0.00
0.00
0.00
2LBBW Unternehmensanleihen Euro Offensiv
DE000A1144F1
7017.84
10.38
9.17
5.53
5.42
3.49
0.00
0.00
3Allianz Euro Credit SRI W EUR
LU1136108591
95914.57
7.10
6.76
3.12
3.29
1.36
3.65
1.54
4UniInstitutional German Corporate Bds +
LU0847345435
33714.30
6.83
6.43
2.79
3.38
1.45
3.92
1.81
5ERSTE BOND CORPORATE PLUS A
AT0000A1PKL2
29013.58
6.12
6.35
2.71
0.00
0.00
0.00
0.00
6Allianz Corps-Corent P EUR
DE0005316285
22113.69
6.22
6.20
2.56
3.23
1.30
3.72
1.61
7Schroder ISF EURO Crdt Convct C Acc EUR
LU0995119822
183312.91
5.45
6.13
2.49
4.84
2.91
4.73
2.62
8BNPP E Mark iBx EUR Liquid Corp Tr I C
LU1291094677
29510.02
2.55
6.11
2.47
2.34
0.41
2.53
0.42
9Metzler Euro Corporates AI
DE000A0RBZB5
22010.46
2.99
6.04
2.40
2.72
0.80
3.20
1.09
10Nykredit Invest Engros EuroKredit
DK0016044654
15110.25
2.78
5.99
2.35
3.20
1.27
3.68
1.57
11ABN AMRO SchroderEuroCorpBds C EUR Acc
LU0979879631
9712.57
5.10
5.98
2.34
3.76
1.83
4.02
1.92
12M&G European Credit Investment C EUR Acc
LU0617482376
63710.97
3.50
5.84
2.20
3.74
1.82
3.38
1.27
13Nykredit Invest Engros Eurokredit SRI
DK0060709814
11010.19
2.72
5.84
2.20
2.99
1.07
0.00
0.00
14Schroder ISF EURO Corp Bd C Acc EUR
LU0113258742
895512.28
4.81
5.77
2.13
3.73
1.81
4.02
1.91
15ASR Euro Bedrijfsobligatie Basisfonds
NL0012645154
2709.68
2.21
5.73
2.09
2.82
0.90
3.26
1.15
16Aviva Investors Crédit Europe IC
FR0007085386
1876.29
-1.18
5.73
2.09
3.18
1.25
2.79
0.68
17Nykredit Invest Engros Kredit Fokus
DK0060949618
11610.15
2.68
5.73
2.09
0.00
0.00
0.00
0.00
18Aegon Euro Credits I EUR Acc
IE00BZ005B08
20929.62
2.15
5.71
2.07
2.85
0.92
3.18
1.07
19Deutsche MAG FI EUR IG Corporates EUR I
LU1176828389
8610.56
3.09
5.69
2.05
2.65
0.72
0.00
0.00
20LGIM Euro Corporate Bond B EUR Acc
GB00B6CFP326
84610.14
2.67
5.65
2.01
2.91
0.98
3.20
1.09

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

European domiciled funds in Morningstar Category EUR Corporate 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.

27th February 2017

IG Sterling Fund Performance

All figures are to month-end June 2019
Jump to: Top Performing IG £ Funds


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

Performance of the largest IG Sterling corporate bond funds ordered by assets under management.

#Fund /
ISIN
Size
(£bn)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Scottish Widows Corporate Bd Trkr W Acc
GB00BD7W3V17
5.8205.69
-3.65
5.30
-0.29
3.74
-0.50
5.24
0.44
2iShares Corporate Bond Index (UK) L Acc
GB00B5MMQ552
4.9639.09
-0.24
5.86
0.27
4.08
-0.15
5.12
0.31
3Invesco Corporate Bond UK Acc
GB0033028779
3.9749.32
-0.01
4.37
-1.23
3.62
-0.62
3.12
-1.68
4M&G Corporate Bond GBP I Inc
GB00B1YBRM66
3.55611.24
1.91
6.14
0.55
4.10
-0.13
4.72
-0.09
5Fidelity MoneyBuilder Income
GB0003863916
3.3289.41
0.07
5.25
-0.34
3.32
-0.91
4.33
-0.47
6Vanguard UK Inv Grd Bd Idx GBP Acc
IE00B1S74Q32
3.2218.41
-0.92
5.90
0.31
4.01
-0.23
5.14
0.34
7M&G Strategic Corporate Bond GBP A Acc
GB0033828137
2.73410.80
1.47
5.28
-0.32
3.77
-0.46
3.71
-1.09
8Aviva Investors Corporate Bd 1 GBP Inc
GB0004459359
2.6658.31
-1.02
4.95
-0.64
3.37
-0.86
4.26
-0.55
9Insight Buy and Maintain Bond B GBP Inc
IE00B8FY2845
2.3486.32
-3.01
3.56
-2.04
1.36
-2.87
0.00
0.00
10Royal London Sterling Credit Z Inc
GB00B4W1ZT22
2.05910.98
1.65
6.30
0.70
5.38
1.15
5.71
0.90
11Halifax Corporate Bd B
GB0031809097
1.78210.48
1.15
6.12
0.53
4.08
-0.15
4.07
-0.73
12Insight Inv UK Corp All Mat Bd S2
GB00B06FWY62
1.5639.87
0.54
4.77
-0.82
4.27
0.04
5.24
0.44
13Vanguard UK Short-Term IG Bd Idx GBP Acc
IE00B9M1BB17
1.4893.58
-5.75
2.30
-3.29
1.73
-2.51
2.02
-2.79
14Threadneedle Stlg SD Corp Bd InsGrs Inc£
GB00BD8GMC64
1.4305.37
-3.96
3.09
-2.50
2.21
-2.02
2.26
-2.54
15Royal London Corporate Bond A Inc
GB00B3P2K895
1.41010.35
1.02
5.52
-0.07
4.84
0.61
4.94
0.14
16L&G Short Dated £ Corporate Bd Idx C Acc
GB00BKGR3F07
1.3315.43
-3.90
3.29
-2.30
2.72
-1.51
2.74
-2.06
17Aberdeen Corporate Bond I GBP Inc
GB00BWK26H88
1.29910.77
1.44
5.98
0.39
4.47
0.24
4.88
0.08
18AI Sterling Corp Bond UK Corp GBP Inc
GB00BTF89Z90
1.2968.05
-1.29
6.26
0.66
3.69
-0.54
0.00
0.00
19L&G Fixed Interest I Acc
GB00B0CNHD88
1.29510.68
1.35
6.64
1.05
4.72
0.48
5.40
0.60
20BlackRock Corporate Bond 1-10 Year L Acc
GB00B59NP872
1.2358.47
-0.86
4.90
-0.69
3.90
-0.33
4.05
-0.76

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

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

RankFund /
ISIN
Size
(£mm)
3mth/
αlpha
1yr*/
αlpha
3yr*/
αlpha
5yr*/
αlpha
Morningstar
Rating
1Fidelity Duration 20 Feeder Acc GBP
GB00BVTVCQ05
4917.87
8.54
11.51
5.92
4.34
0.11
0.00
0.00
2AI Non-Gilt Bd Ovr 15 Yrs IdxInsrdPenAcc
GB00BYSL7Y58
33814.95
5.62
11.13
5.54
0.00
0.00
0.00
0.00
3Schroder Instl Long Dated Corp Bd I
GB0009569327
31716.64
7.31
11.09
5.50
6.97
2.74
8.86
4.05
4Fidelity Duration 16 Feeder Acc GBP
GB00BVTVCP97
2415.93
6.60
10.34
4.75
4.57
0.33
0.00
0.00
5BlackRock ASF Ascent UK Long Corp Bd Fl£
IE0031465705
59714.35
5.02
10.29
4.70
6.33
2.10
8.68
3.87
6Janus Henderson Instl Lg Datd Crdt I Inc
GB0007475675
24115.05
5.72
9.40
3.81
5.93
1.70
7.66
2.86
7Fidelity Instl UK Lng Corp Bd Inc
GB0031400335
62215.44
6.10
9.34
3.75
6.17
1.94
7.59
2.79
8BIBF Over 10 Year Corporate Bd B GBP Inc
GB0099289679
014.20
4.87
9.16
3.57
5.45
1.22
5.79
0.99
9PIMCO GIS UK L/T Corp Bd Instl GBP Acc
IE00B0CNPY59
40814.62
5.29
9.06
3.46
6.07
1.84
7.99
3.18
10JPM Sterling Bond A (dist) GBP
LU0053692744
6011.04
1.71
8.99
3.40
4.73
0.50
7.14
2.34
11BMO Long Dated Sterling Corp Bd 3 Acc
GB00B8460N21
4314.59
5.26
8.65
3.05
5.90
1.66
8.01
3.20
12Insight Inv UK Corp Lng Mat Bd S2
GB00B06FXK91
43113.80
4.47
8.55
2.96
6.09
1.86
7.46
2.66
13BNY Mellon Long Corp Bd Exempt 1 Acc
GB00B01X0Y17
3011.64
2.31
7.81
2.21
4.99
0.75
6.80
1.99
14Threadneedle Stlg MLD Corp Bd InsGrsInc£
GB00BD8GM715
30912.85
3.52
7.69
2.10
5.07
0.83
6.44
1.63
15Schroder Sterling Corporate Bond A Inc
GB0031093247
28011.42
2.09
7.58
1.99
5.75
1.52
5.49
0.68
16UBS Corporate Bond UK Plus K Acc Gross
GB00B1QK7Q59
54213.21
3.88
7.47
1.88
5.21
0.98
5.42
0.61
17Fidelity Duration 10 Feeder Acc GBP
GB00BVTVCN73
011.70
2.37
7.41
1.82
4.28
0.05
0.00
0.00
18Schroder All Maturities Corp Bd I Acc
GB0009569541
84411.84
2.51
6.97
1.38
5.06
0.82
5.84
1.03
19BlackRock UK Credit Scrnd Flex Acc GBP
IE00B3LK7193
7449.72
0.39
6.83
1.24
4.62
0.38
6.03
1.22
20GS Sterling Credit I Inc GBP
LU0386576077
10.32
0.99
6.80
1.21
4.22
-0.01
4.81
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 Corporate 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: © 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.