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Fixed income

Potential opportunities in high yield floating rate bonds

4 min read 23 Mar 22

By James Tomlins
  • Low duration, high income strategies can offer potential protection in today’s low yield, inflationary environment.
  • High yield floating rate notes (HY FRNs) currently provide a potential opportunity versus conventional HY bonds, due to their minimal interest rate risk and lower intrinsic volatility.
  • The M&G Global Floating Rate High Yield Fund is designed to provide a defensive and liquid approach to HY investing.

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By James Tomlins

The value and income from the fund’s assets will go down as well as up. This will cause the value of your investment to fall as well as rise. There is no guarantee that the fund will achieve its objective and you may get back less than you originally invested.

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The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.

Investing involves risk, including the loss of principal. Where any performance is mentioned, please note that past performance is not a guide to future performance.

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