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 LU1278043622
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FACTSHEET
KIID
COMMENTARY

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Average
Coupon
2.99%
Data as of: 31-Mar-2021
Average
Maturity
9.14 yrs
Data as of: 31-Mar-2021
Average
Duration
5.91 yrs
Data as of: 31-Mar-2021
Fund Size
(USD)
$441.7m
Data as of: 31-Mar-2021
Perf Chg
(Daily)
0.00%
Data as of: 16-Apr-2021
3YR Return
(Cumulative)
9.45%
IA Sector ranking: 107/183
Data as of: 31-Mar-2021
Risk & Reward
(SRRI)?
1 2 3 4 5 6 7 Data as of: 31-Mar-2021
NAV
(GBP)
£11.32
Data as of: 16-Apr-2021

1YR Return
3.79%
IA Sector ranking: 125/205
Data as of: 31-Mar-2021

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

1003
Holdings

Average
Quality
AA-
Risk & Reward Data

N/A
Performance
YTD 1 year 3 year

Cumulative

5 year

Cumulative

Since Inception

Cumulative

Fund -2.94% 3.79% 9.45% 9.45% 12.30%
IA Sector Ranking 105/209 125/205 107/183 130/153 N/A
IA Sector -2.81% 5.60% 10.97% 22.70% 30.58%
Excess Return -0.13% -1.81% -1.52% -13.25% -18.28%
Indicative Benchmark -3.42% 0.29% 10.55% 10.46% 13.89%
Excess Return 0.48% 3.50% -1.10% -1.01% -1.59%

Data as of 31-Mar-2021

Holdings
Total
Holdings
1003
Top 10
9.10%
Largest
U.S. Treasury Bonds
2.67%
Was ( 31-Dec-2020 )
3.11%
Data as of 31-Mar-2021
Duration
Maturity
Quality
Average
5.91 yrs
Average
9.14 yrs
Average
AA-
Top
3-5 Years
28.43%
Was ( 28-Feb-2021 )
25.80%
Top
1-3 Years
23.17%
Was ( 28-Feb-2021 )
22.98%
Top
BBB
27.54%
Was ( 28-Feb-2021 )
28.61%
Over
Under 1 Year
By 15.13%
Fund
15.47%
Benchmark*
0.34%
Over
0-1 Years
By 10.34%
Fund
10.34%
Benchmark*
0.00%
Over
BBB
By 13.35%
Fund
27.54%
Benchmark*
14.19%
Under
1-3 Years
By -16.52%
Fund
15.77%
Benchmark*
32.29%
Under
3-5 Years
By -12.99%
Fund
18.34%
Benchmark*
31.33%
Under
US Treasury
By -22.73%
Fund
14.77%
Benchmark*
37.50%
Sectors
Total
Sectors
8
Largest
Corporate
36.97%
Was ( 28-Feb-2021 )
37.90%
Over
Corporate
By 10.15%
Fund
36.97%
Benchmark*
26.81%
Under
U.S. Treasury
By -23.22%
Fund
14.28%
Benchmark*
37.50%
Data as of 31-Mar-2021
Data as of 31-Mar-2021
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
81.79%
Was ( 28-Feb-2021 )
81.64%
Over
United Kingdom
By 2.09%
Fund
3.30%
Benchmark*
1.21%
Under
United States
By -10.05%
Fund
81.79%
Benchmark*
91.84%
Data as of 31-Mar-2021
Data as of 31-Mar-2021
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
? UK Tax Reporting Status