# Portfolio analysis
## Fund indicators

## Fund indicators

## Sector breakdown
13.53%
11.32%
13.69%
9.74%
8.34%
7.87%
11.93%
15.00%
8.52%
8.48%
8.62%
7.21%
4.01%
7.12%
4.45%
7.51%
12.50%
6.19%
4.72%
4.58%
3.34%
4.05%
4.67%
3.32%
4.27%
5.84%
10.00%
3.67%
3.72%
1.27%
2.49%
1.04%
3.69%
0.69%
3.24%
7.50%
1.66%
1.68%
1.55%
0.46%
0.00%
0.23%
1.11%
0.11%
0.00%
0.10%
0.00%
0.00%
5.00%
2.50%
Healthcare
Energy
Media
Telecommunications
Basic Industry
Technology &
Electronics
Services
Capital Goods
Consumer Goods
Financial Services
Leisure
Retail
Transportation
Banking
Automotive
Real Estate
Utility
Covered Bonds
Insurance
Not Classified
ABS
Cash
0.00%
Portfolio	Performance Indicator*
28.73%
27.43%
28.65%
36.92%
21.75%
21.28%

## Modified duration to worst breakdown	Years to maturity breakdown
40%
13.81%
30%
5.84%
7.47%
20%
0.00%
10%
0%
40%
6.41%
16.82%
33.56%
31.74%
29.59%
27.34%
23.14%
19.31%
30%
5.84%
0.00%
20%
0.98%
0.00%
0.48%
3.04%
0.00%
1.74%
0.00%
0.00%
0.00%
0.00%
10%
Cash
0-1 year
1-3 years
3-5 years
5-7 years
7-10 years
10-20 years
+20 years
Undetermined
Cash
0-1
1-3
3-5
5-7
7-10
10-20
Undetermined
0%
1.07%
4.47%
0.16%
2.43%
Portfolio	Performance Indicator*	Portfolio	Performance Indicator*
| Portfolio analysis |  |
| --- | --- |
| Top 10 holdings |  |  |  |  |  |  |
| Issuer | Coupon rate | Maturity | Sector | Modified duration to worst | Rating | Weight |
| SOPHIA LP/FIN INC | 9.000 | 30/09/23 | Technology & Electronics | 1.88 | CCC | 1.01% |
| STAPLES INC | 8.500 | 15/09/25 | Services | 5.17 | B | 0.93% |
| JAGUAR HL / PPDI | 6.375 | 01/08/23 | Healthcare | 2.69 | CCC | 0.88% |
| KENAN ADVANTAGE GROUP | 7.875 | 31/07/23 | Transportation | 1.81 | CCC | 0.87% |
| ALTICE LUXEMBOURG SA | 7.750 | 15/05/22 | Media | 3.27 | B | 0.82% |
| MULTI-COLOR CORP | 6.125 | 01/12/22 | Media | 2.11 | B | 0.78% |
| CURO FINANCIAL TECHNOLOG | 12.000 | 01/03/22 | Financial Services | 0.48 | B | 0.77% |
| DELL INT LLC / EMC CORP | 5.875 | 15/06/21 | Technology & Electronics | 0.78 | BB | 0.77% |
| PBF LOGISTICS LP/FINANCE | 6.875 | 15/05/23 | Energy | 2.47 | B | 0.77% |
| SOTERA HEALTH TOPCO INC | 8.125 | 01/11/21 | Healthcare | 1.11 | CCC | 0.71% |
| Number of Holdings | 381 |  |  |  |  |  |

53.28%
49.44%
37.01%
76.97%
81.04%

## Rating breakdown	Currency breakdown
60%
55%
50%
45%
26.72%
40%
35%
30%
25%
20%
15%
10%
5%
0%
1.01%
0.07%
15.49%
9.58%
1.49%
0.06%
5.84%
0.00%
BBB	BB	B	CCC	NR	Cash
Portfolio	Performance Indicator*
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
12.34%
16.30%
4.85%
2.27%
0.00%
0.40%
5.84%
0.00%
USD	EUR	GBP	Other	Cash
Portfolio	Performance Indicator*

## Country Breakdown
71.49%
80%
70%
54.81%
60%
50%
29.77%
40%
30%
20%
4.62%
3.74%
3.30%
3.23%
2.44%
1.57%
2.35%
2.10%
1.62%
2.23%
1.41%
2.54%
6.94%
5.84%
0.00%
10%
0%
United States	United Kingdom	Canada	Netherlands	Luxemburg	Germany	France	Other	Cash
Portfolio	Performance Indicator*

Translation (ENES, 2018-08-31):
# Análisis de la cartera
## Características de la cartera

## Características de la cartera

## Exposición sectorial
13.53%
11.32%
13.69%
11.93%
16%
9.74%
8.34%
14%
8.52%
8.48%
8.62%
7.87%
12%
7.21%
7.12%
4.45%
6.19%
4.72%
7.51%
5.84%
10%
4.01%
4.58%
3.34%
4.05%
4.67%
3.67%
3.72%
3.32%
4.27%
8%
1.27%
2.49%
1.04%
3.69%
0.69%
3.24%
6%
1.66%
1.68%
1.55%
0.46%
0.00%
0.23%
1.11%
0.11%
0.00%
0.10%
0.00%
0.00%
4%
2%
Cuidado
médico
Energía
Media
Telecom.
Ind. básica
Tecnolog. &
electrónica
Servicios
B. Equip
Consumo
Servicios
financieros
Ocio
Comercio
minorista
Transporte
Finanzas
Automoción
Bienes
inmuebles
Deuda
pública
Bonos
Cubiertos
Seguros
Sin
clasificar
ABS
Liquidez
0%
Cartera	Indicador de rentabilidad*
28.73%
27.43%
28.65%
36.92%

## Composición de la Duración modificada to worst	Exposición por vencimiento
40%
30%
0.98%
0.00%
0.00%
0.00%
5.84%
4.47%
20%
40%
16.82%
33.56%
31.74%
29.59%
27.34%
23.14%
19.31%
30%
5.84%
0.00%
6.41%
0.48%
3.04%
0.00%
1.74%
7.47%
20%
13.81%
21.75%
21.28%
10%
10%
0.00%
1.07%
0.16%
2.43%
0.00%
0.00%
Liquidez
0-1 año
1-3 años
3-5 años
5-7 años
7-10 años
10-20 años
+20 años
No
Determinado
Liquidez
0-1
1-3
3-5
5-7
7-10
10-20
No
Determinado
0%	0%
Cartera	Indicador de rentabilidad*	Cartera	Indicador de rentabilidad*
| Análisis de la cartera |  |
| --- | --- |
| Las 10 posiciones principales |  |  |  |  |  |  |
| Emisor | Dividendo | Maturity | Sector | Modified duration to worst | Rating | Peso |
|  |  |  | Tecnolog. & |  |  |  |
| SOPHIA LP/FIN INC | 9.000 | 30/09/23 | electrónica | 1.88 | CCC | 1.01% |
| STAPLES INC | 8.500 | 15/09/25 | Servicios | 5.17 | B | 0.93% |
| JAGUAR HL / PPDI | 6.375 | 01/08/23 | Cuidado médico | 2.69 | CCC | 0.88% |
| KENAN ADVANTAGE GROUP | 7.875 | 31/07/23 | Transporte | 1.81 | CCC | 0.87% |
| ALTICE LUXEMBOURG SA | 7.750 | 15/05/22 | Media | 3.27 | B | 0.82% |
| MULTI-COLOR CORP | 6.125 | 01/12/22 | Media | 2.11 | B | 0.78% |
|  |  |  | Servicios |  |  |  |
| CURO FINANCIAL TECHNOLOG | 12.000 | 01/03/22 | financieros | 0.48 | B | 0.77% |
|  |  |  | Tecnolog. & |  |  |  |
| DELL INT LLC / EMC CORP | 5.875 | 15/06/21 | electrónica | 0.78 | BB | 0.77% |
| PBF LOGISTICS LP/FINANCE | 6.875 | 15/05/23 | Energía | 2.47 | B | 0.77% |
| SOTERA HEALTH TOPCO INC | 8.125 | 01/11/21 | Cuidado médico | 1.11 | CCC | 0.71% |
| Número de líneas | 381 |  |  |  |  |  |

53.28%
49.44%
37.01%
76.97%
81.04%

## Exposición por calificación	Exposición por divisa
60%
55%
50%
45%
26.72%
40%
35%
30%
25%
20%
15%
10%
5%
0%
1.01%
0.07%
15.49%
9.58%
1.49%
0.06%
5.84%
0.00%
BBB	BB	B	CCC	NR	Liquidez
Cartera	Indicador de rentabilidad*
90%
80%
70%
60%
50%
40%
30%
20%
10%
0%
12.34%
16.30%
4.85%
2.27%
0.00%
0.40%
5.84%
0.00%
USD	EUR	GBP	Otros	Liquidez
Cartera	Indicador de rentabilidad*

## Exposición por país
71.49%
80%
70%
54.81%
60%
50%
29.77%
40%
30%
20%
4.62%
3.74%
3.30%
3.23%
2.44%
1.57%
2.35%
2.10%
1.62%
2.23%
1.41%
2.54%
6.94%
5.84%
0.00%
10%
0%
Estados Unidos	Reino Unido	Canadá	Países Bajos	Luxemburgo	Alemania	Francia	Otros	Liquidez
Cartera	Indicador de rentabilidad*