Fund prices

The value of an investment and any income from it is not guaranteed and can go up and down depending on investment performance (and currency exchange rates where a fund invests overseas). Gross income reinvested.

Source: Financial Express. Net share class displayed unless otherwise stated. * Historic yield ** Distribution yield/underlying yield

Yields shown are estimates based on a snapshot of the portfolio and are not guaranteed. Yield terms are defined below.

The yields shown are expressed as a % per annum of current Net Asset Value of the fund. They are estimates for the next 12 months, assuming that the fund’s portfolio remains unchanged and there are no defaults or deferrals of coupon payments or unscheduled capital repayments. They are not guaranteed.

The Distribution Yield reflects the amounts that may be expected to be distributed over the next twelve months as a percentage of the mid-market unit price of the fund as at the date shown. In addition to expected cash income, it includes the amortised annual value of unrealised capital gains / losses of current bond holdings, calculated with reference to their historic purchase price and expected redemption value. It does not include any preliminary charge and investors may be subject to tax on distributions.

The Historic Yield reflects distributions declared over the past twelve months as a percentage of the mid-market price, as at the date shown. It does not include the preliminary charge and investors may be subject to tax on their distributions.

If the fund’s expenses were charged to capital distributions would be increased and the fund’s capital performance constrained by an equivalent extent.