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.

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

Sell:97.09p Buy:97.09p Change: 0.39p (0.40%)
Prices as at 13 June 2024
Sell:97.09p
Buy:97.09p
Change: 0.39p (0.40%)
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 13 June 2024
Sell:97.09p
Buy:97.09p
Change: 0.39p (0.40%)
Prices as at 13 June 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.

We've released a notification about this fund. View notification

Also available as accumulation 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 - Accumulation (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: £272 million
Number of holdings: 273
Fund type: OEIC
Accumulation/income: Income
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

12/06/19 to 12/06/20 12/06/20 to 12/06/21 12/06/21 to 12/06/22 12/06/22 to 12/06/23 12/06/23 to 12/06/24
Annual return 4.88% 4.90% -11.54% -6.06% 9.86%

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

The managers mainly invest in higher quality bonds, believing that this will drive superior long-term returns.

The fund has performed well over the long-term, delivering good returns to patient investors.

Long standing manager Richard Ford is leaving Morgan Stanley on 31 August 2024. While the fund's process is built on a team-based...

Our latest article

Senior Investment Analyst Hal Cook shares our analysis on the manager, process, culture, ESG integration, 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 : 2.36%
Income paid: Monthly
Type of payment: Interest
Ex-dividend date: 30 April 2024 31 May 2024 30 June 2024 31 July 2024 31 August 2024 30 September 2024 31 October 2024 30 November 2024 31 December 2024 31 January 2025 28 February 2025 31 March 2025
Payment date: 30 June 20244 31 July 20244 31 August 20244 30 September 20244 31 October 20244 30 November 20244 31 December 20244 31 January 20254 28 February 20254 31 March 20254 30 April 20254 31 May 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 December 2021.

Security Weight
LONG GILT MAR 23 3.62%
EUROPEAN INVESTMENT BANK:4.625 12OCT2054 1.55%
EUROPEAN INVESTMENT BANK:0.750 14JUL2023 1.45%
EUROPEAN INVESTMENT BANK:3.875 08JUN2037 1.12%
EUROPEAN INVESTMENT BANK:5.500 15APR2025 0.98%
SANTANDER UK GROUP HOLDINGS PLC:2.421 17JAN2029 0.93%
AT&T INC:5.200 18NOV2033 0.93%
GLENCORE FINANCE:3.125 26MAR2026 0.87%
DP WORLD:4.250 25SEP2030 0.86%
European Investment Bank 6% 2028 0.86%
Sector Weight
Bonds 73.63%
Non-Classified 23.17%
Cash and Equiv. 3.09%
Alternative Trading Strategies 0.11%
Country Weight
United Kingdom 25.90%
Non-Classified 24.98%
United States 10.41%
Luxembourg 9.16%
France 6.67%
Netherlands 4.75%
Cash and Equiv. 3.09%
Germany 2.74%
Spain 2.08%
Australia 2.00%

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 13 June 2024. Data provided by Broadridge, correct as at 30 November 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.