Royal London Short Duration Credit Fund

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Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund Z Accumulation

Category GBP Corporate Bond - Short Term
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This fund can be held in an Investment ISA, SIPP and Investment Account
Last buy/sell price

£1.333/£1.333

arrow-down£-0.001 (-0.07%)

Fund Code

ROSZA

BJ4KW91

GB00BJ4KW917

Prices updated as at 09 Apr 2026
|
Prices in GBP
Investment objective
The Fund’s investment objective is to achieve a total return over the medium term, which should be considered as a period of 3-5 years, by predominantly investing in sterling-denominated bonds, which will primarily be short-duration (5 years or less). At least 80% of the Fund will be invested in the bonds of companies and other organisations (known as corporate bonds) that are listed in sterling, of which 70% will have a duration of less than five years. Floating-rate notes, asset-backed securities, supranational bonds and agency bonds are included in this segment of the Fund.
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 (%)

Market classification (%)

Stock style

Large core

59.53%

% Weight
Value
Core
Growth
Large

4

60

9

Medium

4

8

5

Small

4

5

2

  • Interest rate risk

    Bond %
    Avg credit qualityBB
    Avg wtd coupon5.94
    Modified duration-

  • Credit quality breakdown

    Rating% of Bond
    AAA3.39
    AA4.04
    A12.13
    BBB53.64
    BB14.05
    B1.71
    Below B1.22
    Not Rated9.82

Valuation

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund Z Accumulation
GBP Corporate Bond - Short Term

8.72

8.72
7.91

1.64

1.64
2.21

1.28

1.28
1.16

9.82

9.82
15.59

Growth rate

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund Z Accumulation
GBP Corporate Bond - Short Term

13.19%

13.19%
13.26%

2.42%

2.42%
1.85%

32.72%

32.72%
33.85%

Top 10 holdings

1
M&G PLC 5.625%
Sector
-
Country
United Kingdom
% of assets
1.42259
2
Co-operative Group Ltd 7.5%
Sector
-
Country
United Kingdom
% of assets
1.16704
3
Electricite de France SA 7.375%
Sector
-
Country
France
% of assets
1.08306
4
Lloyds Banking Group PLC 2.707%
Sector
-
Country
United Kingdom
% of assets
1.02696
5
Eversholt Funding PLC 6.697%
Sector
-
Country
United Kingdom
% of assets
0.94571
6
HSBC Holdings PLC 8.201%
Sector
-
Country
United Kingdom
% of assets
0.88582
7
Co-Operative Bank Holdings PLC 9.5%
Sector
-
Country
United Kingdom
% of assets
0.85087
8
BP Capital Markets PLC 4.25%
Sector
-
Country
United Kingdom
% of assets
0.83288
9
South West Water Finance PLC 5.75%
Sector
-
Country
United Kingdom
% of assets
0.83018
10
SW (Finance) I PLC 6.875%
Sector
-
Country
United Kingdom
% of assets
0.82881
Assets in top 10 holdings %

9.87%

Total no. of equity holdings

1.00

Total no. of bond holdings

345.00

Stock sectors

Royal London Bond Funds II ICVC - Royal London Short Duration Credit Fund Z Accumulation
GBP Corporate Bond - Short Term

72.87%

Basic materials

1.50%
-

Con cyclical

11.36%
-

Financial svs

57.82%
-

Real estate

2.18%
-

19.35%

Comm services

3.05%
-

Energy

2.52%
-

Industrials

6.00%
-

Technology

7.77%
-

7.78%

Con defensive

3.77%
-

Healthcare

2.73%
-

Utilities

1.27%
-


Important Information

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