We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

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

Sell:94.60p Buy:94.60p Change: 0.01p (0.01%)
Prices as at 15 March 2024
Sell:94.60p
Buy:94.60p
Change: 0.01p (0.01%)
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and Share Account
Prices as at 15 March 2024
Sell:94.60p
Buy:94.60p
Change: 0.01p (0.01%)
Prices as at 15 March 2024
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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): 0.84% i
Ongoing saving from HL: 0.44% i
Net ongoing charge: 0.40%
There are other unit types of this fund available:
Inclusive - Class B - Income (GBP) (Net ongoing charge 0.85%)
Class Y - Accumulation (GBP) (Net ongoing charge 0.40%)

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:
Multiple
Fund launch date: 11 April 2003
Sector: GBP Strategic Bond
Fund size: £1,465 million
Number of holdings: 209
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: n/a
Available in a regular savings plan: Yes
Minimum regular savings value: £25.00

Ready to invest?

To invest in , you'll need to have an account. Try our handy filter to explore the different options.

Compare accounts

Ready to take your first step?

To invest in , you'll need to open an account. Try our handy filter and find out which suits you best.

Compare accounts

Performance

18/03/19 to 18/03/20 18/03/20 to 18/03/21 18/03/21 to 18/03/22 18/03/22 to 18/03/23 18/03/23 to 18/03/24
Annual return 0.36% 10.84% 1.96% 0.30% 10.65%

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

HL Research

Eric Holt and Rachid Semaoune invest in a wide range of bonds in different sectors and from different companies. They also look in areas ignored by many other bond investors and this makes the fund different from its competitors. It's a more adventurous option because high yields are typically offered...

Our latest article

Senior Investment Analyst Hal Cook shares our analysis on the manager, process, culture, ESG integration, cost and performance of the Royal London Sterling Extra Yield Bond fund.

Fund Objective

The investment objective of the fund is to achieve a high level of income. The fund seeks to achieve a gross redemption yield (GRY) of 1.25 times the gross redemption yield of the FTSE Actuaries British Government 15 Year index.

Income Details

Distribution yield : 7.59%
Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 April 2024 1 July 2024 1 October 2024 1 January 2025
Payment date: 31 May 20244 31 August 20244 30 November 20244 28 February 20254

This data is provided by Broadridge. 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 31 August 2023.

Security Weight
CENTRICA PLC JR SUBORDINA REGS 04/75 VAR 2.40%
ELECTRICITE DE FRANCE SA JR SUBORDINA REGS 07/49 VAR 2.39%
CO OP GRP HLDS COMPANY GUAR REGS 07/26 VAR 2.27%
SANTANDER UK PLC JR SUBORDINA 10/49 10.0625 2.23%
Abbey National 10 3/8% Non Cum Stlg Pref GBP1 1.90%
M+G PLC SUBORDINATED REGS 12/63 VAR 1.89%
METROCENTRE FINANCE SR SECURED 12/28 8.75 1.89%
THAMES WATER KEMBLE FINA SR SECURED REGS 05/26 4.625 1.87%
HEATHROW FINANCE PLC SR SECURED REGS 03/27 VAR 1.72%
ELECTRICITE DE FRANCE SA JR SUBORDINA REGS 12/99 VAR 1.62%
Sector Weight
Bonds 84.61%
Alternative Trading Strategies 7.29%
Non-Classified 3.57%
Industrial Transportation 1.31%
Real Estate Investment Trusts 1.19%
Cash and Equiv. 0.54%
Banks 0.51%
Non-Renewable Energy 0.46%
Food Producers 0.32%
Construction & Materials 0.21%
Country Weight
United Kingdom 63.21%
Non-Classified 13.21%
Norway 5.38%
France 4.42%
Luxembourg 2.13%
Germany 1.69%
Direct Property and REITs 1.19%
Denmark 1.15%
Netherlands 1.06%
Canada 1.02%

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 15 March 2024. Data provided by Broadridge, correct as at 31 July 2023.

Broadridge
You can buy or sell holdings in this fund through a Stocks and Shares ISA, Lifetime ISA, SIPP or Fund and 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.