Algebris UCITS Funds plc - Algebris Financial Credit Fund R EUR Acc
ISIN IE00B8J38129 / Valor 20488291
Algebris UCITS Funds plc - Algebris Financial Credit Fund R EUR Acc
UMushroom community rating:
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.
Ratings & reviews
OTHER SHARE CLASSES OF THIS FUND
