Portfolio

AMYF4 has invested approximately $96.8 million across 12 different issuers and 14 different income securities. The fund is now considered fully invested.

AMYF4’s portfolio composition at 31 May 2013 is illustrated below:
Issuer Maturity date YTM when purchased1 Issue Coupon/Margin Type Amount Invested ($)
Morgan Stanley 29/09/2016* 7.60% 7.00% (fixed) Senior Bond $3,774,500
22/02/2018 7.39% 7.38% (fixed) $10,354,499
IMB Building Society* 29/06/202229/06/2017 (call) 8.47% BBSW3M + 4.25% Subordinated Debt $4,500,000
McAleese Finance* 03/04/2015 6.86% BBSY + 3.69% Senior Syndicated Loan** $10,000,000
Loy Yang Power Projects* 12/11/2015 BBSY + 1.50% Senior Syndicated Loan** $20,196,855
BIS Industries* 31/12/2015 BBSY + 3.50% Senior Syndicated Loan** $7,500,000
AMIT 09/11/2022
09/11/2017 (call)
7.70% BBSW3M + 3.90% Senior Note $3,500,000
Sydney Airports 20/11/2020 7.15% 3.76% (fixed) Capital
Indexed Bond
$7,514,834
AMP Bank 21/12/202221/12/2017 (call) 7.13% BBSW3M + 3.10% Subordinated Debt $4,500,000
Westpac* 08/03/2021
08/03/2019 (call)
7.21% BBSW3M + 3.20% Hybrid $2,500,000
NAB* 22/03/202119/03/2019 (call) 7.23% BBSW3M + 3.20% Hybrid $2,500,000
Lend Lease Corporation 13/05/2020 6.05% 6.00% (fixed) Senior Bond $14,985,150
Ubiquity Power Maintenance Group* 30/06/2018 12.44% 8.5% (fixed) plus 2.9% (Yr 3 Step Up) Note CertificateCPS $3,500,000 $1,500,000

* Redeemed/Matured/Sold
** Due to confidentiality restrictions, we are only able to provide the blended spread of the portfolio’s loan exposures
1 The yields are set out above for illustration purposes only. YTMs may be higher or lower depending on interest rate movements (excluding fixed rate investments) and timing of principal repayments. All YTMs are before any fees or expenses of the fund.