M&G Global High Yield Bond Fund

Select share classes

M&G Global High Yield Bond Fund Sterling I Inc

Category Global High Yield Bond - GBP Hedged

This fund can be held in an Investment ISA, SIPP and Investment Account

Last buy/sell price

848.25p

arrow-down-0.37p (-0.04%)

Fund Code

MGHII

B6ZD1B3

GB00B6ZD1B32

Prices updated as at 23 Oct 2026

Prices in GBX

Investment objective

The Fund aims to provide a higher total return (the combination of capital growth and income), net of the Ongoing Charge Figure, than that of the ICE BofAML Global High Yield Index (GBP Hedged) over any five-year period. At least 80% of the Fund is invested, directly or indirectly through derivatives, in below investment grade corporate debt securities. These securities can be issued by companies from anywhere in the world, including Emerging Markets.

Important documents: Please ensure that you have read the Key Information Document/Technical Guide or Product Summary document , 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 31/08/2026

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Fixed income style
High ltd
100.00%
% Weight
Ltd
Mod
Ext
High
100
0
0
Medium
0
0
0
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality AA
Avg wtd coupon 6.6
Modified duration 4.4
Credit quality breakdown
Rating % of Bond
AAA 87.94
AA 7.49
A 3.59
BBB -
BB -
B -
Below B -
Not Rated 0.99

	Bond %
Avg credit quality	AA
Avg wtd coupon	6.6
Modified duration	4.4

Rating	% of Bond
AAA	87.94
AA	7.49
A	3.59
BBB	-
BB	-
B	-
Below B	-
Not Rated	0.99

Valuation

M&G Global High Yield Bond Fund Sterling I Inc

Global High Yield Bond - GBP Hedged

-

0.90

0.05

0.15

0.41

-

0.14

43.73

Growth rate

M&G Global High Yield Bond Fund Sterling I Inc

Global High Yield Bond - GBP Hedged

-

0.00%

-17.07%

Top 10 holdings

Sector

-

Country

Luxembourg

% of assets

3.32186

Sector

-

Country

France

% of assets

0.99965

Sector

-

Country

Mexico

% of assets

0.8374

Sector

-

Country

Mexico

% of assets

0.79144

Sector

-

Country

United States

% of assets

0.76294

Sector

-

Country

United States

% of assets

0.72173

Sector

-

Country

Germany

% of assets

0.68166

Sector

-

Country

United States

% of assets

0.68148

Sector

-

Country

United States

% of assets

0.65804

Sector

-

Country

United States

% of assets

0.65761

Assets in top 10 holdings %

10.11%

Total no. of equity holdings

8.00

Total no. of bond holdings

330.00

Stock sectors

M&G Global High Yield Bond Fund Sterling I Inc

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.

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