# Portfolio analysis
## Fund indicators

## Fund indicators

## Sector breakdown
12.84%
11.55%
11.23%
10.46%
9.98%
15.00%
8.36%
12.50%
5.83%
4.79%
4.54%
10.00%
4.43%
3.48%
3.21%
7.50%
1.91%
1.91%
1.90%
1.90%
1.69%
5.00%
2.50%
Basic Industry
Financial Services
Technology &
Electronics
Media
Telecommunications
Capital Goods
Real Estate
Services
Healthcare
Retail
Energy
Transportation
Leisure
Consumer Goods
Automotive
Not Classified
Cash
0.00%
Portfolio

## Modified duration to worst breakdown
60%
50%
40%
30%
20%
10%

## Maturity breakdown
70%
60%
50%
40%
30%
20%
10%
0%
Cash	0-1	1-3	3-5
Portfolio
0%
Cash	0-1 year	1-3 years	3-5 years
Portfolio
Source(s): AXA Investment Managers as at 28/05/2021
| Portfolio analysis |  |
| --- | --- |
| Top 10 holdings |  |  |  |  |  |  |
| Issuer | Coupon rate | Maturity | Sector | Modified duration to worst | Rating | Weight |
| EMC CORP | 3.375 | 01/06/23 | Technology & Electronics | 1.69 | BB | 2.80% |
| SIRIUS XM RADIO INC | 4.625 | 15/07/24 | Media | 0.13 | BB | 2.62% |
| SENSATA TECHNOLOGIES BV | 4.875 | 15/10/23 | Technology & Electronics | 2.27 | BB | 2.53% |
| LUMEN TECHNOLOGIES INC | 5.800 | 15/03/22 | Telecommunications | 0.78 | BB | 2.46% |
| CCO HLDGS LLC/CAP CORP | 4.000 | 01/03/23 | Media | 0.42 | BB | 2.43% |
| COMMERCIAL METALS CO | 4.875 | 15/05/23 | Basic Industry | 1.66 | BB | 2.33% |
| ICAHN ENTERPRISES/FIN | 4.750 | 15/09/24 | Financial Services | 2.85 | BB | 2.26% |
| COMMSCOPE INC | 5.500 | 01/03/24 | Technology & Electronics | 0.03 | B | 2.25% |
| SEAGATE HDD CAYMAN | 4.750 | 01/06/23 | Technology & Electronics | 1.90 | BB | 2.20% |
| NOVA CHEMICALS CORP | 4.875 | 01/06/24 | Basic Industry | 2.56 | BB | 2.10% |
| Number of Holdings | 84 |  |  |  |  |  |


## Rating breakdown
61.47%
70%
60%

## Currency breakdown
50%
40%
19.76%
30%
8.44%
20%
5.43%
1.69%
3.21%
10%
0%
BBB	BB	B	CCC	NR	Cash
Portfolio
USD	Cash
Portfolio

## Country Breakdown
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
United States	Canada	Arab Emirates	Luxemburg	Other	Cash
Portfolio
Source(s): AXA Investment Managers as at 28/05/2021

Translation (ENFR, 2021-05-28):
# Analyse du portefeuille
## Caractéristique du portefeuille

## Caractéristique du portefeuille

## Exposition sectorielle
12.84%
11.55%
11.23%
10.46%
9.98%
14%
8.36%
12%
5.83%
10%
4.79%
4.54%
4.43%
8%
3.48%
1.91%
1.91%
1.90%
1.90%
3.21%
6%
1.69%
4%
2%
Industrie
Services
Financiers
Tech. & Elec.
Médias
Télécom.
Biens d’équip.
Immobilier
Services
Sante
Produits de
détail
Energie
Transport
Loisirs
Biens de
consommation
Automobile
Non Classé
Cash
0%
Portefeuille

## Exposition à la Modified Duration to Worst
60%
50%
40%
30%
20%
10%

## Exposition par maturité
70%
60%
50%
40%
30%
20%
10%
0%
Cash	0-1	1-3	3-5
Portefeuille
0%
Cash	0-1 an	1-3 ans	3-5 ans
Portefeuille
Source(s) : AXA Investment Managers au 28/05/2021
| Analyse du portefeuille |  |
| --- | --- |
| Les 10 principales lignes |  |  |  |  |  |  |
| Emetteur | Coupon | Maturité | Secteur | Modified duration to worst | Rating | Poids |
| EMC CORP | 3.375 | 01/06/23 | Tech. & Elec. | 1.69 | BB | 2.80% |
| SIRIUS XM RADIO INC | 4.625 | 15/07/24 | Médias | 0.13 | BB | 2.62% |
| SENSATA TECHNOLOGIES BV | 4.875 | 15/10/23 | Tech. & Elec. | 2.27 | BB | 2.53% |
| LUMEN TECHNOLOGIES INC | 5.800 | 15/03/22 | Télécom. | 0.78 | BB | 2.46% |
| CCO HLDGS LLC/CAP CORP | 4.000 | 01/03/23 | Médias | 0.42 | BB | 2.43% |
| COMMERCIAL METALS CO | 4.875 | 15/05/23 | Industrie | 1.66 | BB | 2.33% |
| ICAHN ENTERPRISES/FIN | 4.750 | 15/09/24 | Services Financiers | 2.85 | BB | 2.26% |
| COMMSCOPE INC | 5.500 | 01/03/24 | Tech. & Elec. | 0.03 | B | 2.25% |
| SEAGATE HDD CAYMAN | 4.750 | 01/06/23 | Tech. & Elec. | 1.90 | BB | 2.20% |
| NOVA CHEMICALS CORP | 4.875 | 01/06/24 | Industrie | 2.56 | BB | 2.10% |
| Nombre de lignes | 84 |  |  |  |  |  |


## Exposition par rating
61.47%
70%
60%

## Exposition par devise
50%
40%
19.76%
30%
8.44%
20%
5.43%
1.69%
3.21%
10%
0%
BBB	BB	B	CCC	NR	Cash
Portefeuille
USD	Cash
Portefeuille

## Exposition par pays
100%
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
Etats-Unis	Canada	Emirats Arabes	Luxembourg	Autres	Cash
Portefeuille
Source(s) : AXA Investment Managers au 28/05/2021