AXA US Short Duration High Yield Fund

Select share classes

AXA Fixed Interest Investment ICVC - AXA US Short Duration High Yield Fund Z Gross Income

Category Other Bond
This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

86.95p

arrow-up0.09p (+0.10%)

Fund Code

FMDZI

B5TX5Q5

GB00B5TX5Q59

Prices updated as at 12 Dec 2025
|
Prices in GBX
Investment objective
The aim of this Fund is to generate income by investing in high yield debt securities (being sub-investment grade corporate bonds) while seeking to avoid the risk of defaults. The Fund aims to deliver a return by investing at least 60 per cent of its Net Asset Value in high yield bonds (being sub-investment grade corporate bonds, meaning bonds with a rating of BB+ and below by Standard & Poor or equivalent rating by Moody’s or Fitch) with a bias towards shorter maturities (where the full repayment of the bond by the company is expected to be less than three years), issued primarily by companies with their predominant place of business in the US. The Fund may also invest in such bonds denominated in US Dollars and issued by non-US companies. The ACD seeks to reduce the effect of credit risk through diversification and its analysis and selection of bonds.
Important documents: Please ensure that you have read the Key Information Document/Technical Guide
, SDR Consumer facing disclosure, 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 31/10/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

  • Interest rate risk

    Bond %
    Avg credit qualityB
    Avg wtd coupon6.19
    Modified duration2.56

  • Credit quality breakdown

    Rating% of Bond
    AAA-
    AA-
    A-
    BBB2.82
    BB55.52
    B38.92
    Below B3.95
    Not Rated-1.21

Valuation

AXA Fixed Interest Investment ICVC - AXA US Short Duration High Yield Fund Z Gross Income
Other Bond

-

-
4.09

-

-
0.47

-

-
1.54

-

-
7.81

Growth rate

AXA Fixed Interest Investment ICVC - AXA US Short Duration High Yield Fund Z Gross Income
Other Bond

-

-
7.67%

-

-
2.67%

-

-
42.02%

Top 10 holdings

1
Tenet Healthcare Corporation 6.125%
Sector
-
Country
United States
% of assets
1.5264
2
Allied Universal Holdco LLC / Allied Universal Finance Corp / Atlas Luxco 4
Sector
-
Country
United States
% of assets
1.49134
3
Owens Brockway Glass Container Inc. 6.625%
Sector
-
Country
United States
% of assets
1.43726
4
Delek Logistics Partners LP/ Delek Logistics Finance Corp. 7.125%
Sector
-
Country
United States
% of assets
1.41822
5
Churchill Downs Inc 5.5%
Sector
-
Country
United States
% of assets
1.37995
6
Carnival Corporation 6%
Sector
-
Country
United States
% of assets
1.31385
7
Performance Food Group Co. 5.5%
Sector
-
Country
United States
% of assets
1.27169
8
Nexstar Media Inc. 5.625%
Sector
-
Country
United States
% of assets
1.24968
9
Chart Industries Inc 7.5%
Sector
-
Country
United States
% of assets
1.22743
10
CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.125%
Sector
-
Country
United States
% of assets
1.22703
Assets in top 10 holdings %

13.54%

Total no. of equity holdings

-

Total no. of bond holdings

200.00

Stock sectors

AXA Fixed Interest Investment ICVC - AXA US Short Duration High Yield Fund Z Gross Income
Other Bond

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

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