Seeks to deliver a broadly diversified portfolio of global credit instruments, capitalising on the multi-sector credit expertise from our portfolio managers
Focuses on higher-yielding assets to seek regular income, while maintaining an average credit quality of typically investment-grade rating
Investment process leverages the breadth of Wellington’s fixed income platform to integrate specialist insights into the portfolio
Diversified sources of return from strategic allocation to higher-yielding sectors and opportunistic positions in niche sectors
Distribution payouts and its frequency are determined by the manager, and can be made out of income, capital or both. Investors should note that the payment of dividends directly out of capital may result in an immediate reduction of the net asset value per share of the Fund. Distributions are not guaranteed and may fluctuate. Past distributions are not necessarily indicative of future trends, which may be lower.
The weighted-average credit quality of the Fund will typically be investment grade, i.e. rated at or above Baa3 by Moody’s, BBB- by Standard & Poor’s or BBB- by Fitch.
Funds returns are shown net of fees. Fund returns shown are net of actual (but not necessarily maximum) withholding and capital gains tax but are not otherwise adjusted for the effects of taxation and assume reinvestment of dividends and capital gains. If an investor’s own currency is different from the currency in which the fund is denominated, the investment return may increase or decrease as a result of currency fluctuations.
Source: Wellington Management.
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