SICAV
US Aggregate Bond Fund
The diversified portfolio aims to generate revenue from investment in a portfolio of US government, corporate, and asset-backed debt. Securities can include fixed and floating rate bonds, convertible bonds, warrants, and other transferable debt securities, including high yield.
ISIN LU0214705203
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FACTSHEET
KIID
COMMENTARY

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Average
Coupon
3.33%
Data as of: 31-Oct-2020
Average
Maturity
9.17 yrs
Data as of: 31-Oct-2020
Average
Duration
6.11 yrs
Data as of: 31-Oct-2020
Fund Size
(USD)
$432.1m
Data as of: 31-Oct-2020
Perf Chg
(Daily)
0.00%
Data as of: 25-Nov-2020
Since
Inception
2.41%
Data as of: 31-Oct-2020
Risk & Reward
(SRRI)?
1 2 3 4 5 6 7 Data as of: 31-Oct-2020
NAV
(EUR)
€12.62
Data as of: 25-Nov-2020
1 YR Return
(Annualised)
3.56%
Data as of: 31-Oct-2020

Overview
Strategy
Fund Summary
Our approach is based on proprietary fundamental research and relative value analysis. The investment manager seeks to add value primarily through sector allocation, duration management, and security selection. The investment process places a strong emphasis on risk management practices and portfolio diversification to manage the overall risk profile.
Interest Rate Sensitivity
LIMITED
MODERATE
EXTENSIVE

1034
Holdings

Average
Quality
AA-
Risk & Reward Data

N/A
Performance - Net of Fees
Current Year Performance
MTD
0.88%
Benchmark*
0.64%
Excess Return

0.24%
QTD
0.64%
Benchmark*
0.12%
Excess Return

0.52%
YTD
4.90%
Benchmark*
5.82%
Excess Return

-0.92%
Data as of 25-Nov-2020
1 Month
-0.24%
Benchmark*
-0.51%
Excess Return

0.27%
3 Months
-0.87%
Benchmark*
-1.49%
Excess Return

0.62%
Data as of 31-Oct-2020
 
Annualised Performance
1 YR
3.56%
Benchmark*
4.56%
Excess Return

-1.00%
3 YR
2.05%
Benchmark*
2.56%
Excess Return

-0.51%
5 YR
1.70%
Benchmark*
1.92%
Excess Return

-0.22%
Inception
2.41%
Benchmark*
2.42%
Excess Return

-0.01%
Manager Inception
2.31%
Benchmark*
2.44%
Excess Return

-0.13%
Data as of 31-Oct-2020
Indicative Benchmark : Bloomberg Barclays U.S. Aggregate Bond EUR Hedged Index
Fund Inception: 01-Jun-2011
Manager Inception: 06-Jun-2011

* The index shown is not a formal benchmark. It is shown only for comparison purposes.

Holdings
Total
Holdings
1034
Top 10
8,95%
Largest
U.S. Treasury Bonds
3.32%
Was ( 30-Jun-2020 )
3.37%
Data as of 30-Sep-2020
Duration
Maturity
Quality
Average
6.11 yrs
Average
9.17 yrs
Average
AA-
Top
3-5 Years
27.88%
Was ( 30-Sep-2020 )
28.84%
Top
1-3 Years
24.13%
Was ( 30-Sep-2020 )
24.17%
Top
BBB
28.80%
Was ( 30-Sep-2020 )
29.22%
Over
Under 1 Year
By 7.46%
Fund
13.49%
Benchmark*
6.03%
Over
0-1 Years
By 7.26%
Fund
7.26%
Benchmark*
0.00%
Over
BBB
By 14.67%
Fund
28.80%
Benchmark*
14.13%
Under
1-3 Years
By -12.74%
Fund
20.81%
Benchmark*
33.55%
Under
3-5 Years
By -10.56%
Fund
23.99%
Benchmark*
34.55%
Under
US Treasury
By -27.42%
Fund
9.95%
Benchmark*
37.37%
Sectors
Total
Sectors
8
Largest
Corporate
39.12%
Was ( 30-Sep-2020 )
39.53%
Over
Corporate
By 11.52%
Fund
39.12%
Benchmark*
27.59%
Under
U.S. Treasury
By -27.42%
Fund
9.95%
Benchmark*
37.37%
Data as of 31-Oct-2020
Data as of 31-Oct-2020
Indicative Benchmark: Bloomberg Barclays U.S. Aggregate Bond Index

* The index shown is not a formal benchmark. It is shown only for comparison purposes.

Regions
Data as of
Countries
Total
Countries
30
Largest
United States
84.56%
Was ( 30-Sep-2020 )
85.53%
Over
United Kingdom
By 1.67%
Fund
2.94%
Benchmark*
1.26%
Under
United States
By -7.07%
Fund
84.56%
Benchmark*
91.63%
Data as of 31-Oct-2020
Data as of 31-Oct-2020
Indicative Benchmark: Bloomberg Barclays U.S. Aggregate Bond Index

* The index shown is not a formal benchmark. It is shown only for comparison purposes.


Team
Brian J. Brennan,
Portfolio Manager
Brian Brennan is a portfolio manager in the Fixed Income Division. Mr. Brennan has lead portfolio management responsibilities for the US Treasury, US Core Plus Bond, and Stable Value Strategies.
Portfolio Manager since
2003
Years at
T. Rowe Price
19
Years investment experience
34
Jeff DeVack,
Portfolio Specialist
Jeff DeVack is a portfolio specialist in the Fixed Income Division of T. Rowe Price.
Years at T. Rowe Price
8
Years investment experience
19
How to Invest
Fees Minimum Initial Investment and Holding Amount Minimum Subsequent Investment Sales Charge (up to) Investment Management Fee Ongoing
Charges1