Algebris UCITS Funds plc - Algebris Financial Credit Fund ID GBP Inc
ISIN IE00B8DD4P49 / Valor 21308448
Algebris UCITS Funds plc - Algebris Financial Credit Fund ID GBP Inc
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Algebris Financial Credit Fund invests worldwide in debt of banks and other financial firms, primarily holding senior bonds, subordinated loans and preference instruments; the portfolio comprises roughly 180–190 bonds from about 40–50 issuers, has an average credit quality around BBB (a mix of investment-grade and some lower-rated paper), and an interest-rate sensitivity (effective duration) of about 3.1 years. It targets income, with a gross current yield near 5.7% and a yield-to-worst around 4.8%, and the fund also incorporates ESG considerations, reflected in an MSCI ESG rating of AA.
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