Halifax - Buy Funds - Investments

At a glance performance and information

Eligibility:

Share Dealing Account

ISA

ShareBuilder

SIPP

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Fund:

M&G Global Floating Rate High Yield IH Acc GBP
Sector:

IA Sterling High Yield
Benchmark:

Index

Discrete calendar year performance

Discrete calendar year performance
Investment	30/06/20 to 30/06/21	30/06/21 to 30/06/22	30/06/22 to 30/06/23	30/06/23 to 30/06/24	30/06/24 to 30/06/25
M&G Global Floating Rate High Yield IH Acc GBP	14.36%	-5.61%	14.48%	9.69%	8.80%
IA Sterling High Yield	13.46%	-12.45%	7.13%	10.73%	8.78%
N/A	N/A%	N/A%	N/A%	N/A%	N/A%

Trailing returns

(*annualised)

Trailing returns
Investment	3 months	6 months	1 year	3 years*	5 years*
M&G Global Floating Rate High Yield IH Acc GBP	3.76%	3.95%	8.83%	10.99%	7.98%
IA Sterling High Yield	4.32%	3.35%	8.45%	8.31%	4.82%
N/A	N/A%	N/A%	N/A%	N/A%	N/A%

Overview

Fund Objective: The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the ICE BofAML Global Floating Rate High Yield Index (3% constrained) USD Hedged over any five-year period.

Manager name	M&G UK
Manager start date	11 September 2014
Manager Biography	James Tomlins, who has more than a decade of experience in high yield credit, joined M&G in June 2011 and started managing fixed income portfolios in January 2014. The strategies he manages include the Global High Yield Bond, the Global Floating Rate High Yield and the Global High Yield ESG Bond strategies. James was previously an analyst and then a fund manager at Cazenove Capital Management. Before Cazenove, he was at KBC Alternative Investment Management; in the three years prior to that, he worked at Merrill Lynch Investment Managers. James is a CFA charterholder. He graduated with an MA in history and PgDip in economics from the University of Cambridge.

Investment style:	High Yield
Region (geographical)	Global

Benchmark	N/A
Sector	IA Sterling High Yield
FE fundinfo Rating	4 of 5

Fees & charges

Fees and Charges

Fees and Charges
Charge	Who receives this?	What is it?	Amount
Initial charge:	The fund manager	Charges applied by the fund management company for investing in their fund. Please note that Investment Managers may charge each time you buy new units or shares in a fund or trust. Where Investment Managers would have an entry charge, we will negotiate to have it waived so you will not be charged.	0.00%
Ongoing Charges:	The fund manager	The annual charge paid to a fund manager to cover the costs of running the fund. It is an estimate based on the actual amount charged in the previous year.	0.63%
Performance Fee:	The fund manager	A performance fee joins up the interest of the fund manager and their investors. A performance fee is taken when the fund beats pre-set conditions.	N/A
Typical transaction cost:	The fund manager	The costs of dealing within a fund, which the Investment Manager must pay to continue managing the assets. This includes where the Manager decides to sell one stock and buy another. The costs will vary from one fund to another based on how often the Investment Manager trades and the costs applied when trading.	0.188%*
Dealing commission:	Halifax	The cost of buying or selling some or all of your investment.	£9.50 (per online trade)

*This is an indication based on the market average. The fund’s actual transaction cost will be shown before you place a trade.
Account charges are not included
Key Investor Information Document (KIID)Open KIID document
Fees & Charges

Breakdown

Asset Allocation

Fund size: 294,227,848.50 GBX

Chart date: July 21, 2025

Top 10 Holdings

Top 10 Holdings
Security	Weight
Tf float 07/31/26	4.84%
Cedacri mergeco s.p.a frn 15/05/28 eur100000reg s	3.01%
Castor s.p.a. frn 15/02/29 eur100000reg s	2.88%
Sgl group aps	2.07%
Kapla holding sas regs	2.04%
Assemblin frn 07/01/31	2.01%
Paganini bidco s.p.a. frn 30/10/28 eur1000reg s	2.00%
Sisal pay spa frn 17/12/26 eur100000reg s	2.00%
Evoca spa v/r 04/09/29/eur/	1.83%
888 holdings public limited company frn 15/07/28 eur100000reg s	1.76%

Sectors

Sectors
Sectors	Weight
Services	12.47%
High Yield Bond	10.90%
Retail	10.46%
Capital Goods	9.68%
Technology	8.69%
Financial Services	8.59%
Basic Industries	7.47%
Money Market	7.27%
Health Care	7.06%
Leisure	6.00%

World regions

World regions
Country	Weight
Italy	33.65%
USA	11.92%
UK	10.31%
France	8.70%
Luxembourg	8.41%
Money Market	7.27%
Germany	6.97%
Sweden	3.39%
Ireland	3.01%
Denmark	2.75%

ESG

What is ESG?

ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.

M&G Global Floating Rate High Yield IH Acc GBP