Category: SICAV
Robeco High Yield Bonds is an actively managed fund that invests in corporate bonds with a sub-investment grade rating, issued primarily by issuers from developed markets (Europe/US). The selection of these bonds is mainly based on fundamental analysis. The portfolio is broadly diversified, with a structural bias to the higher rated part in high yield. Performance drivers are the top-down beta positioning as well as bottom-up issuer selection. All currency risks are hedged. Benchmark: Bloomberg Barclays US Corporate High Yield & Pan European High Yield ex Financials 2.5% Issuer Cap (hedged into EUR) The majority of bonds selected through this approach will be components of the benchmark, but bonds outside the benchmark index may be selected too. The fund can deviate substantially from the weightings of the benchmark. The fund aims to outperform the benchmark over the long run, whilst still controlling relative risk through the applications of limits (on currencies and issuers) to the extent of deviation from the benchmark. This will consequently limit the deviation of the performance relative to the benchmark. This share class of the fund will distribute dividend. You can purchase or sell units in the fund on any valuation day. This fund may not be appropriate for investors who plan to withdraw their money within 5 years.
Closing Price 23/02/2021 | 102.00 |
Morningstar category | Global High Yield Bond - EUR Hedged |
Currency | EUR |
Distribution status | Distributing |
ISIN | LU0243182812 |
Inception Date | 06/02/2006 |
Minimum initial amount | 100.00 EUR |
Entry fee | None |
Custody fee | None |
Exit fee | None |
Ongoing charge | 1.21% of which 0.50% is paid to MeDirect |
Address | Robeco Luxembourg SA 5, rue Heienhaff L-1736 Senningerberg Luxembourg L-1736 Luxembourg |
Manager Name | Sander Bus |
Manager Start Date | 01/03/2001 |
Website | www.robeco.com |
Total Net Assets (mil) | 10,292.16 EUR (31/01/2021) |
UCITS | Yes |
Administrator | J.P. Morgan Bank Luxembourg S.A. |
en 01/01/2021 |
en 19/02/2021 |
en 31/12/2019 |
en 30/06/2020 |
25/02/2021 |
Period | Annualised return | Date |
1 year | 2.39% | 23/02/2021 |
3 years | 3.29% | 23/02/2021 |
5 years | 5.82% | 23/02/2021 |
10 years | 5.10% | 23/02/2021 |
Since launch | 5.58% | 23/02/2021 |
Performance | |
YTD 01/01/2021 | 0.65 |
1 month | 0.40 |
3 months | 2.10 |
6 months | 4.04 |
Q 1 | Q 2 | Q 3 | Q 4 | |
2021 | - | - | - | - |
2020 | -12.53% | 9.54% | 2.62% | 4.42% |
2019 | 5.66% | 2.41% | 0.88% | 1.78% |
2018 | -1.75% | -0.62% | 1.13% | -3.96% |
2017 | 2.31% | 1.49% | 1.43% | 0.24% |
Date ex dividend | Gross dividend | Payment Date |
22/04/2020 | 3.67 | 30/04/2020 |
03/04/2019 | 5.88 | 11/04/2019 |
12/04/2018 | 5.81 | 20/04/2018 |
20/04/2017 | 6.86 | 28/04/2017 |
21/04/2016 | 6.13 | 29/04/2016 |
12/06/2014 | 6.41 | 20/06/2014 |
06/06/2013 | 3.09 | 14/06/2013 |
07/12/2012 | 6.04 | 14/12/2012 |
02/12/2011 | 6.11 | 09/12/2011 |
05/12/2008 | 6.92 | 12/12/2008 |
% Long | % Short | % Net Assets | |
Stock | 0.14% | 0.00% | 0.14% |
Bond | 89.88% | 4.92% | 84.95% |
Cash | 89.58% | 78.33% | 11.25% |
Other | 3.66% | 0.00% | 3.66% |
Risk Measurement | 1 Year | 3 Years | 5 Years |
Standard Deviation | 14.19 | 8.70 | 7.19 |
Sharpe Ratio | 0.27 | 0.39 | 0.86 |
Sortino Ratio | 0.35 | 0.51 | 1.20 |
Positive Months | 9.00 | 23.00 | 41.00 |
Negative Months | 3.00 | 13.00 | 19.00 |
Worst Month | -10.89 | -10.89 | -10.89 |
Region | % |
United States | 0.14 |
Sector | % of Equity |
Energy | 0.14 |
Holding | Sector | Country | % of Assets |
Cco Holdings, Llc/ Cco Holdings Capital Corp. 4.75% 01/03/2030 | United States | 0.66 | |
Standard Industries Inc. 4.75% 15/01/2028 | United States | 0.63 | |
Sprint Capital Corporation 6.875% 15/11/2028 | United States | 0.63 | |
Crown European Holdings S.A. 2.625% 30/09/2024 | United States | 0.62 | |
Level 3 Financing, Inc. 4.25% 01/07/2028 | United States | 0.61 | |
Deutsche Bank Ag 5.625% 19/05/2031 | Germany | 0.60 | |
T-Mobile Us, Inc. 7.125% 15/06/2024 | United States | 0.59 | |
Post Holdings Inc. 5% 15/08/2026 | United States | 0.58 | |
Iqvia Inc 3.25% 15/03/2025 | United States | 0.56 | |
Zf Europe Finance B.V. 2% 23/02/2026 | Germany | 0.55 |
Ranking | 1 Year | 2 Years | 3 Years | 5 Years |
Top 25% | ||||
Category above the average | ||||
Category below the average | ||||
Bottom 25% |
Large | Size | |||
Mid | ||||
Small | ||||
Value | Blend | Growth | ||
Style |
Large | Interest Rate Sensitivity | |||
Mid | ||||
Small | ||||
Value | Blend | Growth | ||
Credit Quality |