We’re currently experiencing extremely high call volumes. We’re very sorry for any inconvenience this might cause.

If you need help with your account, please visit our Help Centre, or email us and we’ll get back to you as soon as we can. For more information and tips on managing your account online please visit www.hl.co.uk/coronavirus

We’re experiencing high call volumes, please check FAQs before calling.

Skip to main content
  • Register
  • Help
  • Contact us
  • Log out of your HL account

Royal London Short Duration Global High Yield Bond Class M - Accumulation (GBP)

Sell:97.01p Buy:97.01p Change: 2.06p (2.17%)
Prices as at 26 March 2020
Sell:97.01p
Buy:97.01p
Change: 2.06p (2.17%)
You can buy or sell holdings in this fund through an ISA, Lifetime ISA, SIPP or Fund & Share Account
Prices as at 26 March 2020
Sell:97.01p
Buy:97.01p
Change: 2.06p (2.17%)
Prices as at 26 March 2020
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.
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): 0.58%
Ongoing saving from HL: 0.00%
Net ongoing charge: 0.58%
There are other unit types of this fund available:
Class M - Income (GBP) (Net ongoing charge 0.58%)

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: 15 February 2013
Sector: GBP High Yield
Fund size: £1,699 million
Number of holdings: 152
Fund type: OEIC
Accumulation/income: Accumulation
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

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

27/03/15 to 27/03/16 27/03/16 to 27/03/17 27/03/17 to 27/03/18 27/03/18 to 27/03/19 27/03/19 to 27/03/20
Annual return n/a n/a 1.83% 3.01% -7.80%

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

The Wealth 50 is the list of what we believe are the best funds in each sector. If a fund is not within our Wealth 50 this is not necessarily a recommendation to sell. However, if you are thinking of adding to your investments, we believe the Wealth 50 is a good place to start. View funds on the Wealth 50 »

Fund Objective

The investment objective of the fund is to provide income. The fund seeks to achieve its investment objective by outperforming its benchmark, the 3 Month LIBOR (the "Benchmark") by 2% per annum over rolling three year periods.

Income Details

Distribution yield : 4.50%
Income paid: Bi-annually
Type of payment: Interest
Ex-dividend date: 1 July 2020 1 January 2021
Payment date: 31 August 20204 28 February 20214

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 31 October 2019.

Security Weight
ALTICE FINANCING SA SR SECURED 144A 02/23 6.625 1.53%
ZAYO GROUP LLC/ZAYO CAP COMPANY GUAR 04/23 6 1.51%
CSC HOLDINGS LLC SR UNSECURED 144A 10/25 10.875 1.49%
VTR FINANCE BV SR SECURED REGS 01/24 6.875 1.49%
TRANSDIGM INC SR SECURED 144A 03/26 6.25 1.48%
INTRUM AB SR UNSECURED REGS 07/22 2.75 1.27%
UNITED GROUP BV SR SECURED REGS 07/22 4.375 1.25%
BAUSCH HEALTH COS INC SR SECURED 144A 03/22 6.5 1.24%
AMC NETWORKS INC COMPANY GUAR 12/22 4.75 1.24%
1011778 BC / NEW RED FIN SECURED 144A 10/25 5 1.23%
Sector Weight
Bonds 94.79%
Cash and Equiv. 5.21%
Country Weight
United States 62.91%
Netherlands 8.62%
Cash and Equiv. 5.21%
Canada 4.07%
Luxembourg 3.86%
Ireland 3.30%
United Kingdom 3.20%
France 1.44%
Denmark 1.23%
Sweden 1.22%

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 26 March 2020. Data provided by Funds Library, correct as at 30 November 2019.

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.