Quick Stats

Bid Price GBX 113.06 Offer Price GBX 113.11
Mid Price - Day Change GBX -0.20 (-0.18%)
Price Date 20 Oct 2017 Crown Rating 3
Shares Class Inc. Yield 2.90 %
Total Expense Ratio 0.70 Fund Size 524,494,900.00
Launch Date 22/04/1988 Standard Initial Charge (%) 0.00
Currency GBX ISA Eligible No
Annual Management Charge (%) 0.60 Sector IMA UK Equity Income
Min Investment (£) 3,000,000.00 Total Expense Ratio (%) 0.70
ISIN GB00B6XY7V09 Min TopUp (£) 10,000.00

Fund Objective

To achieve a high and stable level of income. The fund will invest principally in sterling-denominated fixed interest securities including preference shares, concentrating on investment grade corporate bonds.

Fund Managers

Philip Payne
Philip Payne is a Fund Manager for several Sterling credit funds at Janus Henderson Investors, a position he has held since 2003. Philip joined Henderson in 2000, was named a junior fund manager in 2002 and Fund Manager in 2003. Prior to Henderson, he was a trader’s assistant at Capital Market Options Limited while he attended university. Philip graduated from Nottingham Trent University with a BA (Hons) in financial services and holds the Chartered Financial Analyst designation. He has 17 years of financial industry experience.
Stephen Thariyan
Stephen Thariyan is the Global Head of Credit in charge of the 30-strong credit team of portfolio managers and analysts at Henderson. Prior to joining Henderson in 2007 as Head of Credit, Stephen was a portfolio manager at Rogge Global Partners responsible for investing in corporate bonds and credit derivatives globally. He was previously a director and senior analyst at NatWest Markets’ credit rating and research unit where he led teams of sector analysts in credit research. He started his career as an accountant at Ernst & Young in 1988 and later moved to become senior auditor at Chevron Corporation. Stephen graduated from the University of Newcastle-Upon-Tyne with a BA (Hons) in Accountancy and Financial Analysis.