- by Suki Mann
Mixed performance in high yield market
Fidelity‘s European High Yield A-Dis-Eur €2.7bn fund is the pick of the bunch as the group has managed to eke out some excellent performance for this sizeable fund. The Luxembourg-based Candriam €2.7bn runs them close amongst the big funds, while the HSBC GIF Euro high yield Bond AD fund also comes in with a solid, controlled return.
Largest HY € Funds: Total Returns /α (%)
Performance of the largest HY Euro corporate bond funds, ordered by assets under management.[table id=HY-Euro-Funds-AUM /]
Top Performing HY € Funds: Total Returns /α (%)
Top performing HY Euro corporate bond funds, ranked by rolling 1 year performance.[table id=HY-Euro-Funds-Best-Performing /]
All Fund performance tables: Investment Grade EUR | Investment Grade GBP | High Yield EUR | High Yield GBP
Table information: European domiciled funds in Morningstar Category EUR High Yield Bond, Oldest share class, All figures EUR (€), Total returns annualised, as at last month-end. Alpha is the measure of an investment’s return in excess of the Morningstar Category average.
Fund sizes are as reported by the management groups and the latest available to Morningstar. The Morningstar Rating is calculated based on a fund’s total returns, adjusted for risk and sales charges, relative to other funds in its Morningstar Category, based on a weighted average of a fund’s 3-, 5-, and ten-year ratings, depending on the length of its record.
Data source: © 2019 Morningstar, Inc. All rights reserved.
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