New Star Fixed Interest Income Units
Sell : 16.34p | Buy : 17.15p | down 0.11p
Last valuation as at 21-11-2008
At a glance
| Initial charge | 4.25% |
|---|---|
| Initial saving | 4.25% |
| Annual charge | 1.25% |
| Annual saving | 0.125% ² |
| Total Expense Ratio | 1.41% |
| Launch date | 11-04-1979 |
| Launch price | £25.00 |
| Sector | GBP Strategic Bond |
| Fund size | £737 million |
| Number of holdings | 179 |
| Fund type | Unit Trust |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Fund has been trimming back its better performing bonds to invest cash into attractive new issues.Full research
About the Fund Manager
James Gledhill
Located in: London
James Gledhill is Head of Fixed Income and has 16 years' investment experience. Prior to joining New Star in 2002, James worked at M&G. James holds a BA in Metallurgy and Science of Material from the University of Oxford.
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Income details
| Distribution yield | 9.60% |
|---|---|
| Underlying yield | 8.40% |
| Income paid | Monthly |
| Type of payment | Interest |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 01 January 2008 |
|---|---|
| Payment date ³ | 31 January 2008 |
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Top 10 holdings
| AES Corp 8.375% 01/03/2011 | 2.06% |
|---|---|
| American Standard 8.25% 01/06/2009 | 1.90% |
| Huntsman 6.875% 15/11/2013 | 1.86% |
| Lottomatica 8.25% VRN 31/03/2066 | 1.77% |
| Edcon Proprietary FRN 15/06/2014 | 1.63% |
| Travelport 9.875% 01/09/2014 | 1.59% |
| Louis No1 8.5% 01/12/2014 | 1.58% |
| Rothschild Contn Fin 9% Perp | 1.55% |
| Versatel FRN 15/06/14 | 1.44% |
| Capital Shopping Centres plc 5.75% Bonds 05/03/09 | 1.43% |
Top 10 sectors
| Bonds | 101.07% |
|---|---|
| Non-Classified | 0.33% |
| Support Services | 0.01% |
| Cash and Equiv. | -1.41% |
Top 10 countries
| United Kingdom | 47.43% |
|---|---|
| United States | 17.96% |
| Netherlands | 6.51% |
| France | 4.53% |
| South Africa | 4.46% |
| Germany | 3.78% |
| Luxembourg | 3.38% |
| Ireland | 2.73% |
| Italy | 2.71% |
| Denmark | 1.45% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
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