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

Sell:124.26p Buy:124.26p Change: 0.01p (0.01%)
Prices as at 24 July 2025
Sell:124.26p
Buy:124.26p
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 24 July 2025
Sell:124.26p
Buy:124.26p
Change: 0.01p (0.01%)
Prices as at 24 July 2025
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%
Net initial charge: 0.00%
HL dealing charge: Free
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 0.34%)
Class Y - Income (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: £1,727 million
Number of holdings: 282
Fund type: OEIC
Accumulation/income: Accumulation
Dealing frequency: Daily
Valuation point: 17:00
Trustee: State Street Trustees Limited
Minimum investment: £100.00
Available in a direct debit plan: Yes
Minimum direct debit value: £25.00

This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website for more information.

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Performance

24/07/20 to 24/07/21 24/07/21 to 24/07/22 24/07/22 to 24/07/23 24/07/23 to 24/07/24 24/07/24 to 24/07/25
Annual return n/a n/a n/a n/a 11.12%

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.

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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.

The amount invested in unrated and high yield bonds makes this fund...

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

Income paid: Quarterly
Type of payment: Interest
Ex-dividend date: 1 July 2025 1 October 2025 1 January 2026 1 April 2026
Payment date: 31 August 20254 30 November 20254 28 February 20264 31 May 20264

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. There is currently no yield information available for this fund.

Security Weight
LIME PETROLEUM AS SR SECURED 144A REGS 07/27 VAR 5.18%
ANDFJORD SALMON GROUP SR SECURED 144A REGS 06/28 VAR 2.52%
METROCENTRE FINANCE SR SECURED 12/28 8.75 2.18%
SHAMARAN PETROLEUM CORP. 1.81%
ELECTRICITE DE FRANCE SA JR SUBORDINA REGS 12/99 VAR 1.57%
THAMES WATER KEMBLE FINA SR SECURED REGS 05/26 4.625 1.32%
GOLIATH OFFSHORE HOLDING SECURED 02/34 12 1.21%
CO OP GRP HLDS COMPANY GUAR REGS 07/26 VAR 1.18%
KAHRS BONDCO AB SR SECURED REGS 11/28 VAR 1.14%
CENTRICA PLC SUBORDINATED REGS 05/55 VAR 1.05%
Sector Weight
Bonds 94.76%
Non-Renewable Energy 2.16%
Non-Classified 1.36%
Industrial Transportation 0.72%
Food Producers 0.23%
Chemicals 0.22%
Banks 0.20%
Alternative Trading Strategies 0.18%
Cash and Equiv. 0.13%
Construction & Materials 0.02%
Country Weight
United Kingdom 40.65%
Norway 34.87%
Sweden 7.43%
Non-Classified 3.23%
France 2.83%
Canada 1.91%
Netherlands 1.23%
Germany 1.22%
United States 1.11%
Denmark 0.93%

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 24 July 2025. Data provided by Broadridge, correct as at 30 June 2025.

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 an ISA or a 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.