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.

Skip to main content
  • Register
  • Help
  • Contact us

Morgan Stanley Sterling Corporate Bond Class F - Accumulation (GBP)

Sell:122.55p Buy:122.55p Change: 1.00p (0.82%)
Prices as at 1 July 2022
Sell:122.55p
Buy:122.55p
Change: 1.00p (0.82%)
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 1 July 2022
Sell:122.55p
Buy:122.55p
Change: 1.00p (0.82%)
Prices as at 1 July 2022
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.
Also available as income units Help

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): 0.37% i
Ongoing saving from HL: 0.15% i
Net ongoing charge: 0.22%
There are other unit types of this fund available:
Class F - Income (GBP) (Net ongoing charge 0.22%)

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: 1 December 2000
Sector: GBP Corporate Bond
Fund size: £256 million
Number of holdings: 251
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 12:00
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: £0.00

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

01/07/17 to 01/07/18 01/07/18 to 01/07/19 01/07/19 to 01/07/20 01/07/20 to 01/07/21 01/07/21 to 01/07/22
Annual return 0.78% 6.03% 4.40% 4.44% -13.55%

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

This is a no nonsense corporate bond fund run by a well-resourced team, led by Richard Ford and Dipen Patel. They invest in a wide selection of high-quality corporate bonds with the aim to generate income and some growth over the long term.

It's run in a more conservative way to...

Our latest article

In this fund update, Investment Analyst Joseph Hill shares our analysis on the manager, process, culture, cost and performance of the Morgan Stanley Sterling Corporate Bond fund.

Fund Objective

The fund aims to provide income while also growing your investment by outperforming, net of fees, the ICE BofAML Sterling Non-Gilt Index over 1 to 3 years.

Income Details

Distribution yield : 2.30%
Income paid: Monthly
Type of payment: Interest
Ex-dividend date: 31 May 2022 30 June 2022 31 July 2022 31 August 2022 30 September 2022 31 October 2022 30 November 2022 31 December 2022 31 January 2023 28 February 2023 31 March 2023 30 April 2023
Payment date: 31 July 20224 31 August 20224 30 September 20224 31 October 20224 30 November 20224 31 December 20224 31 January 20234 28 February 20234 31 March 20234 30 April 20234 31 May 20234 30 June 20234

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 30 September 2021.

Security Weight
LONG GILT SEP 22 8.53%
EUROPEAN INVESTMENT BANK:4.625 12OCT2054 2.06%
AT&T INC:5.200 18NOV2033 1.12%
SANTANDER UK GROUP HOLDINGS PLC:2.421 17JAN2029 1.09%
DP WORLD:4.250 25SEP2030 1.01%
GLENCORE FINANCE:3.125 26MAR2026 0.97%
HSBC HOLDINGS PLC:2.256 13NOV2026 0.95%
EUROPEAN INVESTMENT BANK:3.875 08JUN2037 0.93%
LLOYDS TSB BANK PLC:7.625 22APR2025 0.87%
HSBC HOLDINGS PLC:5.750 20DEC2027 0.85%
Sector Weight
Bonds 82.65%
Non-Classified 18.07%
Alternative Trading Strategies -0.19%
Cash and Equiv. -0.53%
Country Weight
United Kingdom 32.96%
Non-Classified 19.63%
United States 10.74%
France 7.52%
Luxembourg 6.11%
Netherlands 5.65%
Australia 3.00%
Spain 2.29%
Italy 2.22%
United Arab Emirates 1.74%

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 1 July 2022. Data provided by Broadridge, correct as at 31 May 2022.

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.