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Morgan Stanley European Curr High Yield Bd ADX EUR

Ranked 3 out of 23 in - Europe High Yield over 1 months
All calculations are in EUR unless stated

Managed by

Leon Grenyer

Leon Grenyer was born in London, and studied geography at the University of Bristol. He started his career in 1995 as a credit analyst and investment analyst at Abbey National Treasury Services. In 2003 he joined Morgan Stanley where he is currently a portfolio manager, running a number of funds using a combined top-down macroeconomic assessment to determine optimal beta positioning for the portfolio with rigorous bottom-up fundamental analysis. Leon has been managing funds for over seven years and holds the ACT qualification (Association of Corporate Treasurers). Outside of fund management he enjoys tennis, rugby, bridge and walking.

Sarah Harrison

Alice La Trobe Weston

Alice La Trobe Weston, CFA is a member of the Fixed Income team at Morgan Stanley. She joined the firm in 2005 and has 17 years of investment experience. Previously, she worked at Henderson Global Investors, where she served as a senior analyst. Alice received an MA in Geography from Cambridge University and an MSc in Political Economy from the London School of Economics.


The investment objective is to provide an attractive rate of return, measured in Euro, through investments worldwide primarily in lower rated and unrated Fixed Income Securities issued by governments, agencies and corporations that offer a yield above that generally available on debt securities in the four highest rating categories of S&P or Moody's denominated in European currencies. These investments may include Fixed Income Securities issued by non-European issuers and securities issued in emerging markets and, subject to applicable law, asset-backed securities, loan participations and loan assignments, to the extent that these instruments are securitised.

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Europe High Yield over : 31/12/2017 - 31/01/2018
  • Rank 3/23 Total Return
  • Rank 1/23 Standard Deviation
  • Rank 1/23 Max Drawdown
Fund Name Currency Return
1 Alfred Berg Hoyrente C - EUR

Currency exposure is hedged

Currency exposure is hedged



2 Schroder ISF Strategic Credit EUR C Dis EUR


3 Morgan Stanley European Curr High Yield Bd ADX EUR

Currency exposure is hedged

Currency exposure is hedged



4 Nordea 1 - European High Yield Bond Fund II BI EUR EUR


5 BlueBay High Yield Bond B EUR EUR


Total Return

Quarterly Performance

to 01/01/2018 Annual Q1 Q2 Q3 Q4
2017 5.5% 1.5% 2.3% 1.1% 0.6%
2016 6.4% -0.1% 0.9% 2.9% 2.5%
2015 0.3% 3.2% 0.0% -4.7% 2.1%
2014 0.2% 1.6% 1.5% -2.0% -0.8%
2013 10.0% 1.2% 0.7% 3.5% 4.4%
2012 22.2% 11.2% -0.4% 5.0% 5.1%
2011 -16.9% 2.8%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Chile
  2. Finland
  3. France
  4. Germany
  5. Greece
  6. Ireland
  7. Italy
  8. Luxembourg
  9. Netherlands
  10. Norway
  11. Portugal
  12. Singapore
  13. Spain
  14. Sweden
  15. Switzerland
  16. United Kingdom

Fund Info

  • Launch date01/04/2011
  • Share Class size04Mn
  • Base currencyEUR
  • ISIN LU0610554361
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0


  • Annual management0.85%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).