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Royal London Sterling Extra Yield Bond Class Y - Income (GBP)

Sell:105.63p Buy:105.63p Change: 0.04p (0.04%)
Prices as at 27 June 2017
Sell:105.63p
Buy:105.63p
Change: 0.04p (0.04%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 27 June 2017
Sell:105.63p
Buy:105.63p
Change: 0.04p (0.04%)
Prices as at 27 June 2017
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Charges and Savings

Initial charges
Initial charge: 0.00%
Initial saving from HL: 0.00%
HL dealing charge: Free
Net initial charge: 0.00%
Annual charges
Performance fee: No  
Ongoing charge (OCF/TER): 0.83% i
Ongoing saving from HL: 0.43% i
Net ongoing charge: 0.40%
There are other unit types of this fund available:
Inclusive - Class B - Income (GBP) (Net ongoing charge 0.83%)

In some cases the ongoing savings are provided by our loyalty bonus. Loyalty bonuses are tax-free in an ISA or SIPP. However, they may be subject to tax in a Fund & Share Account which would, in effect, reduce their value and increase the net ongoing charge.


Other Information

Unit type: Unbundled
Manager:
Eric Holt
Fund launch date: 1 April 2003
Sector: GBP Strategic Bond
Fund size: £1,389 million
Number of holdings: 239
Fund type: OEIC
Accumulation/income: Income
Dealing frequency: Daily
Valuation point: 17:00
Trustee: State Street Trustees Limited
Minimum investment: £100.00
Charges deducted from: Income
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Performance

28/06/12 to 28/06/13 28/06/13 to 28/06/14 28/06/14 to 28/06/15 28/06/15 to 28/06/16 28/06/16 to 28/06/17
Annual return n/a n/a 3.27% 2.31% 18.74%

Please remember past performance is not a guide to future returns. Where no data is shown, figures are not available. This information is provided to help you choose your own investments, remember they can fall as well as rise in value so you may not get back the original amount invested.

View fund chart

Our view on this fund

This is a flexible strategic bond fund managed by Eric Holt, a talented and experienced bond manager. We consider this to be at the higher risk end of bond portfolios. As such this fund could be considered by investors looking for a higher level of income, but who are willing...

Read more HL research on this fund

Fund Objective

To achieve a higher income that, over the long term (7 years), is 1.25 times greater than the income of the FTSE Actuaries British Government 15 Year Index.

Income Details

Distribution yield : 6.63%
Underlying yield : 6.67%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 July 2017 1 October 2017 1 January 2018 1 April 2018
Payment date: 31 August 20174 30 November 20174 28 February 20184 31 May 20184

All yields are variable and not guaranteed. Information correct as at 31 August 2016.

Security Weight
ANNINGTON FINANCE NO 5 SR SECURED REGS 01/23 13 2.48%
ENTERPRISE INNS PLC 1ST MORTGAGE 09/31 6.375 2.25%
PREMIERTEL PLC SECURED 05/32 6.175 1.98%
INVESTEC BANK PLC SUBORDINATED REGS 02/22 9.625 1.95%
ELECTRICITE DE FRANCE SA JR SUBORDINA REGS 12/49 VAR 1.77%
SANTANDER UK PLC JR SUBORDINA 10/49 10.0625 1.61%
Amedeo Air Four Plus 1.59%
NATIONWIDE BLDG SOCIETY JR SUBORDINA REGS 12/49 VAR 1.54%
FINANCE FOR RESIDENTIAL SOCIAL FRSH 1 1A2 REGS 1.47%
PUNCH TAVERNS FINANCE SR SECURED REGS 10/26 7.274 1.39%
Sector Weight
Bonds 93.20%
Non-Classified 3.35%
Industrial Transportation 1.59%
Banks 0.87%
Oil & Gas Producers 0.54%
Managed Funds 0.24%
Cash and Equiv. 0.21%
Country Weight
United Kingdom 66.98%
France 6.82%
Norway 5.24%
Netherlands 3.64%
United States 3.24%
Australia 1.93%
Germany 1.65%
Denmark 1.60%
Ireland 1.24%
Non-Classified 1.20%

Prices provided by Morningstar, correct as at 27 June 2017. Data provided by Funds Library, correct as at 31 December 2016.

FundsLibrary

You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account

Data received from the Fund Management Company administering this fund and provided to you for your information. Hargreaves Lansdown accepts no liability for the reliability or accuracy of the data provided by third parties.

4 If you elect to receive the income from a Vantage ISA or Vantage Fund & Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.