Legal & General Active Global High Yield Bond Fund

Select share classes

Legal & General Active Global High Yield Bond I Class Distribution

Category Global High Yield Bond - GBP Hedged
star-filledstar-filledstar-filled
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

38.10p

arrow-up0.07p (+0.18%)

Fund Code

LGHTI

B0CNHH2

GB00B0CNHH27

Prices updated as at 02 Apr 2026
|
Prices in GBX
Investment objective
The objective of the Fund is to provide income and growth above those of the ICE BofA BB-B Global High Yield Non-Financial 2% Constrained Index (Hedged to GBP), the (“Benchmark Index”). The Fund aims to outperform the Benchmark Index over rolling three year periods after the deduction of all fees and expenses. The Fund is actively managed and will invest at least 70% in sub-investment grade bonds in Sterling or bonds issued in other currencies and hedged back to Sterling. Sub-investment grade bonds are those with at least one rating below investment grade from a nationally recognised statistical rating organisation (NRSRO).
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, Pre-sale Illustrations document & Doing Business with Fidelity document (incorporating the Fidelity Client Terms) and the fund information documents. These can be found within the Charges & documents section.

Portfolio as of 28/02/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

  • Interest rate risk

    Bond %
    Avg credit qualityB
    Avg wtd coupon6.48
    Modified duration3.89

  • Credit quality breakdown

    Rating% of Bond
    AAA3.72
    AA-
    A-
    BBB2.95
    BB48.7
    B39.5
    Below B4.84
    Not Rated0.3

Valuation

Legal & General Active Global High Yield Bond I Class Distribution
Global High Yield Bond - GBP Hedged

12.73

12.73
1.87

0.16

0.16
0.16

0.79

0.79
1.33

-

-
4.27

Growth rate

Legal & General Active Global High Yield Bond I Class Distribution
Global High Yield Bond - GBP Hedged

-

-
31.62%

0.86%

0.86%
0.00%

-4.82%

-4.82%
47.31%

Top 10 holdings

1
Ikks Invest Cl 2
Sector
-
Country
-
% of assets
1.29179
2
Land O'Lakes Capital Trust I 7.45%
Sector
-
Country
United States
% of assets
0.69508
3
Ecopetrol S.A. 5.875%
Sector
-
Country
Colombia
% of assets
0.64241
4
Maxeda DIY Holding B.V. 5.875%
Sector
-
Country
Netherlands
% of assets
0.62823
5
Iron Mountain Inc. 4.75%
Sector
-
Country
United States
% of assets
0.55277
6
Energy Transfer LP 7.125%
Sector
-
Country
United States
% of assets
0.5499
7
VT Topco Inc. 8.5%
Sector
-
Country
United States
% of assets
0.54894
8
Immobiliare Grande Distribuzione S.p.a. 4.45%
Sector
-
Country
Italy
% of assets
0.54247
9
INEOS Finance PLC 6.375%
Sector
-
Country
United Kingdom
% of assets
0.50654
10
Ecopetrol S.A. 8.375%
Sector
-
Country
Colombia
% of assets
0.50072
Assets in top 10 holdings %

6.46%

Total no. of equity holdings

7.00

Total no. of bond holdings

864.00

Stock sectors

Legal & General Active Global High Yield Bond I Class Distribution
Global High Yield Bond - GBP Hedged

0.00%

Basic materials

-
-

Con cyclical

-
-

Financial svs

-
-

Real estate

-
-

0.00%

Comm services

-
-

Energy

-
-

Industrials

-
-

Technology

-
-

0.00%

Con defensive

-
-

Healthcare

-
-

Utilities

-
-


Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.


Any ESG-related information, methodologies, tools, ratings, data and opinions contained or reflected herein are not directed to or intended for use or distribution to India-based clients or users and their distribution to Indian resident individuals or entities is not permitted, and Morningstar accepts no responsibility or liability whatsoever for the actions of third parties in this respect.
© Copyright 2026 Morningstar. All rights reserved.