Switzerland, Intermediary

Changechevron_right
menu
search
Skip to main content
us-core-high-yield-bond-fund
Share Class Inception Date: 16/06/2016
ISIN: IE00B1DRYQ86

US$ Core High Yield Bond Fund

Research-driven bond fund seeking to take advantage of opportunities throughout the credit cycle

This is a marketing communication. Please refer to the prospectus of the Fund and to the KIID/KID and / or offering documents before making any final investment decisions.

16.1151
NAV (USD)
As at 18/02/2025
0.0047 (0.03%)
NAV daily change
As at 18/02/2025
39.48 M
AUM (USD)
As at 18/02/2025
Morningstar Rating
As at 31/01/2025
Article 8
SFDR Article Classification

FUND OVERVIEW

Actively managed High Yield fund, seeking long-term total returns in excess of the ICE BofA US High Yield Constrained Index by utilizing bottom-up fundamental research to invest primarily in the debt securities of US corporations which are considered to be below Investment Grade.

Fund Highlights
  • Process that seeks to take advantage of opportunities throughout the credit cycle, aiming to add value through both credit selection and dynamic risk positioning
  • Targeted exposure to asset class with attractive yields
  • Historical track record of mitigating losses in negative markets

FUND TEAM

Michael Barry
Fixed Income Portfolio Manager
22 years industry experience
15 years with Wellington
Michael is a fixed income portfolio manager focused on global and regional high-yield strategies.

KEY FUND FACTS

Fund Details
  • Base Currency
    USD
  • Fund Inception Date
    20/07/2009
  • Share Class Inception Date
    16/06/2016
  • Asset Class
    Fixed Income
  • Domicile
    Ireland
  • Bloomberg
    WUSDCDU ID
  • ISIN
    IE00B1DRYQ86
  • Benchmark
    ICE BofA US High Yield Constrained
  • SFDR Article Classification
    Article 8
  • Valoren
    2705899
Charges & Expenses
  • Management Fee
    0.40%
  • Ongoing Charges Figure
    1.00%
  • Minimum Investment
    USD 5.00 K
The Fund is authorised and regulated as a UCITS scheme by the Central Bank of Ireland. The ongoing charges figure excludes Fund transaction costs, except in the case of depositary fees and an entry/exit charge paid by the Fund when buying or selling Shares in another collective investment undertaking. A detailed description of the charges that apply is set out in the section "Charges and Expenses" in the Prospectus. The ongoing charges figure may change over time. Charges applied will reduce the return potential of investments. Charges applied will reduce the return potential of investments. If an investor’s own currency is different from the currency shown, costs could increase or decrease due to currency or exchange related fluctuations.

PERFORMANCE

Cumulative PerformanceAs at 31/01/2025
Created with Highcharts 9.3.3US$ Core High Yield Bond Fund - USD D AccICE BofA US High Yield ConstrainedJul 16Sep 16Nov 16Jan 17Mar 17May 17Jul 17Sep 17Nov 17Jan 18Mar 18May 18Jul 18Sep 18Nov 18Jan 19Mar 19May 19Jul 19Sep 19Nov 19Jan 20Mar 20May 20Jul 20Sep 20Nov 20Jan 21Mar 21May 21Jul 21Sep 21Nov 21Jan 22Mar 22May 22Jul 22Sep 22Nov 22Jan 23Mar 23May 23Jul 23Sep 23Nov 23Jan 24Mar 24May 24Jul 24Sep 24Nov 24Jan 250%10%20%30%40%50%60%70%

Past performance does not predict future returns.

Total return net of fees & expenses (%) as at 31/01/2025

SHARE CLASSFROM
TO
02/24
01/25
02/23
01/24
02/22
01/23
02/21
01/22
02/20
01/21
02/19
01/20
02/18
01/19
02/17
01/18
02/16
01/17
02/15
01/16
USD D Acc
(Total Return)
7.610.2-4.21.37.89.21.27.5--
ICE BofA US High Yield Constrained 9.8 9.3 -5.1 2.1 6.5 9.4 1.6 6.7 - -

PAST PERFORMANCE DOES NOT PREDICT FUTURE RETURNS. AN INVESTMENT CAN LOSE VALUE. The inception date of the USD D Acc share class is 16/06/2016. Periods greater than one year are annualised. If an investor's own currency is different from the currency in which the fund is denominated, the investment return may increase or decrease as a result of currency fluctuations. Fund returns shown are net of USD D Acc share class fees and expenses. Fund returns shown are net of actual (but not necessarily maximum) withholding and capital gains tax but are not otherwise adjusted for the effects of taxation and assume reinvestment of dividends and capital gains. The index returns, where applicable, are shown net of maximum withholding tax and assume reinvestment of dividends. Please note the fund has a swing pricing mechanism in place. If the last business day of the month is not a business day for the Fund, performance is calculated using the last available NAV. This may result in a performance differential between the fund and the index. Sources: Fund - Wellington Management. Index – ICE BofA.

FUND ALLOCATIONS

Allocations are currently not available for this fund. Please check the factsheet in the literature section which should contain this information.

FUND RISKS

All investors should consider the risks that may impact their capital, before investing. The value of your investment may become worth more or less than at the time of the original investment.
Summary Risk Indicator (SRI)
As at 23/01/2025
  • 1
    Lower Risk
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
    Higher Risk
Select a risk to learn more about it
  • Hedging
  • Below Investment Grade
  • Manager
  • Sustainability
  • Capital
  • Credit
  • Concentration
  • Interest Rates

The risk category shown is based on a combination of market and a credit risk measures, it is not guaranteed to remain unchanged and may shift over time. Even the lowest risk category 1 is not a risk free investment. For more information please read the Key Information Document (KID).

SUSTAINABILITY-RELATED DISCLOSURE

Although the Fund doesn’t have a specific sustainable investment objective, it aims to support certain environmental and social characteristics which are consistent with its investment objective. Full details are provided in the Fund’s Sustainable Investing Disclosure Document, provided below.

Funds returns are shown net of fees. Fund returns shown are net of actual (but not necessarily maximum) withholding and capital gains tax but are not otherwise adjusted for the effects of taxation and assume reinvestment of dividends and capital gains. If an investor’s own currency is different from the currency in which the fund is denominated, the investment return may increase or decrease as a result of currency fluctuations.

Source: Wellington Management.

© 2024 Morningstar, Inc. All Rights Reserved. Past performance does not predict future returns. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Overall Morningstar Rating for a fund is derived from a weighted average of the three, five, and ten year (if applicable) ratings, based on risk-adjusted return.

Investment in the funds described on this website carries a substantial degree of risk and places an investor’s capital at risk. The price and value of investments is not guaranteed and can go down as well as up. An investor may not get back the original amount invested and an investor may lose all of their investment. Investment in the funds described on this website is not suitable for all investors. If an investor is in any doubt as to the suitability of an investment in a fund, an investor should consult an independent financial advisor. The information on this website does not constitute, and should not be construed as, investment advice or a recommendation to buy, sell or otherwise transact in any security including, but not limited to, shares in the funds. An investor should only invest in a fund once that investor has carefully read and understood the offering documents for the fund which contain further information on the risks and features of the fund. Unless stated otherwise data is as at previous month end.