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

Sell:106.66p Buy:106.66p Change: 0.01p (0.01%)
Prices as at 16 November 2017
Sell:106.66p
Buy:106.66p
Change: 0.01p (0.01%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 16 November 2017
Sell:106.66p
Buy:106.66p
Change: 0.01p (0.01%)
Prices as at 16 November 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: £1,518 million
Number of holdings: 213
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

17/11/12 to 17/11/13 17/11/13 to 17/11/14 17/11/14 to 17/11/15 17/11/15 to 17/11/16 17/11/16 to 17/11/17
Annual return n/a n/a 1.96% 8.88% 15.90%

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 : 5.48%
Underlying yield : 6.00%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 October 2017 1 January 2018 1 April 2018 1 July 2018
Payment date: 30 November 20174 28 February 20184 31 May 20184 31 August 20184

This data is provided by Funds Library. HL accepts no responsibility for its accuracy and you should independently check data before making any investment decision. All yields are variable and not guaranteed. Information correct as at 30 August 2017.

Security Weight
EI GROUP PLC 1ST MORTGAGE 09/31 6.375 2.39%
Amedeo Air Four Plus 2.12%
CENTRICA PLC JR SUBORDINA REGS 04/75 VAR 1.98%
PREMIERTEL PLC SECURED 05/32 6.175 1.91%
INVESTEC BANK PLC SUBORDINATED REGS 02/22 9.625 1.85%
ELECTRICITE DE FRANCE SA JR SUBORDINA REGS 07/49 VAR 1.83%
ELECTRICITE DE FRANCE SA JR SUBORDINA REGS 12/49 VAR 1.82%
TELEREAL SECURITISATION SECURED 12/33 VAR 1.61%
SANTANDER UK PLC JR SUBORDINA 10/49 10.0625 1.58%
CYBG PLC JR SUBORDINA REGS 12/49 VAR 1.57%
Sector Weight
Bonds 89.21%
Non-Classified 4.18%
Industrial Transportation 3.03%
Cash and Equiv. 1.23%
Oil & Gas Producers 1.19%
Banks 0.90%
Oil Equipment, Services & Distribution 0.27%
Alternative Trading Strategies 0.00%
Country Weight
United Kingdom 67.44%
France 6.56%
Norway 5.97%
Netherlands 4.20%
Non-Classified 3.89%
United States 2.10%
Luxembourg 1.45%
Ireland 1.25%
Cash and Equiv. 1.23%
Australia 0.87%

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Prices provided by Morningstar, correct as at 16 November 2017. Data provided by Funds Library, correct as at 31 October 2017.

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

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.