M&G Global Floating Rate High Yield Fund

Select share classes

M&G Global Floating Rate High Yield Fund Sterling I-H 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

88.56p

arrow-up0.00p (+0.00%)

Fund Code

MGFRI

BMP3SD6

GB00BMP3SD68

Prices updated as at 12 Dec 2025

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 Floating Rate High Yield Index (3% constrained) USD Hedged over any five-year period. At least 70% of the Fund is invested, directly or indirectly, in below investment grade corporate and government Floating Rate Notes. These securities can be issued or guaranteed by governments and their agencies, public authorities, quasi-sovereigns, supranational bodies and companies from anywhere in the world, including Emerging Markets. These securities can be denominated in any currency.

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 30/11/2025

Asset allocation

Show long & short position

Geographical breakdown

Continent or country allocation (%)

Market classification (%)

Stock style

Value

Core

Growth

Large

0

Medium

0

Small

100

0

Fixed income style
High ltd
0.00%
% Weight
Ltd
Mod
Ext
High
0
0
0
Medium
0
0
0
Low
0
0
0
Interest rate risk
Bond %
Avg credit quality -
Avg wtd coupon 6.14
Modified duration -
Credit quality breakdown
Rating % of Bond
No Data

	Bond %
Avg credit quality	-
Avg wtd coupon	6.14
Modified duration	-

Rating	% of Bond
No Data

Valuation

M&G Global Floating Rate High Yield Fund Sterling I-H Inc

Global High Yield Bond - GBP Hedged

-

2.05

0.03

0.20

-

Growth rate

M&G Global Floating Rate High Yield Fund Sterling I-H Inc

Global High Yield Bond - GBP Hedged

-

315.42%

0.00%

-

38.76%

Top 10 holdings

Sector

-

Country

Ireland

% of assets

5.81848

Sector

-

Country

United States

% of assets

5.18858

Sector

-

Country

Italy

% of assets

3.20288

Sector

-

Country

Italy

% of assets

2.93261

Sector

-

Country

United States

% of assets

2.21372

Sector

-

Country

France

% of assets

2.2

Sector

-

Country

Sweden

% of assets

2.1501

Sector

-

Country

Denmark

% of assets

2.14031

Sector

-

Country

Germany

% of assets

2.13155

Sector

-

Country

Italy

% of assets

2.12604

Assets in top 10 holdings %

30.10%

Total no. of equity holdings

2.00

Total no. of bond holdings

113.00

Stock sectors

M&G Global Floating Rate High Yield Fund Sterling I-H Inc

Global High Yield Bond - GBP Hedged

100.00%

Basic materials

-

Con cyclical

-

Financial svs

-

Real estate

100.00%

-

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.