Pendal Dynamic Income - Managed Fund

Fund Objective

The Fund aims to provide a return (before fees, costs and taxes) that exceeds the RBA Cash Rate by 2-3% p.a. over the medium term.

Fund Strategy

The Fund is designed for investors who seek income from a portfolio of fixed income securities across a range of market conditions and are prepared to accept some variability of returns.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.37%	1.28%	2.54%	7.79%	5.28%	1.66%	1.68%	-%
Growth return	-1.59%	-0.7%	0.47%	5.47%	3.99%	0.47%	0.43%	-%
Income return	1.96%	1.98%	2.07%	2.32%	1.29%	1.19%	1.25%	-%
Market index (Bloomberg AusBond Composite 0+Y TR AUD )
Total return	0.77%	-0.84%	0.18%	3.68%	2.45%	-2.06%	-0.6%	2.19%

As at 30 Jun 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Pendal Dynamic Income

Cash: -4.14%

Fixed Interest: 104.14%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 4.64%

Fixed Interest: 93.05%

Australian Equities: 1.33%

International Equities: 0.53%

Property: 0.10%

Alternatives: 0.35%

General Information

Fund Details

Type	Description
Fund Name	Pendal Dynamic Income
APIR Code	BTA8657AU
Sector/Asset Class	Bonds - Australia
Morningstar Rating	(as at 30 Jun 2024)
Legal Structure	Investment Fund
Fund Inception	20 Dec 2017
Fund Size	$204.42 million (as at 30 Jun 2024)
Entry Price	$1.0678 (as at 26 Jul 2024)
Exit Price	$1.0652 (as at 26 Jul 2024)
Fund Status	Open

Offer information

Type	Description
MER	0.55% (as at 22 Dec 2023)
Indirect Cost Ratio (ICR) - Estimated	0.55% (as at 30 Jun 2023) (Estimated)
Performance fee (included in ICR)	0
Minimum initial investment	$25,000

Top 10 holdings (as at 30 Jun 2024)

Holding (as at 30 Jun 2024)	Type	% of Portfolio
Pendal Pure Alpha Fixed Income	Mutual Fund - Open End	11.99%
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FAQs about the Pendal Dynamic Income

What is the objective of the Pendal Dynamic Income managed fund?

The objective of the Pendal Dynamic Income managed fund is The Fund aims to provide a return (before fees, costs and taxes) that exceeds the RBA Cash Rate by 2-3% p.a. over the medium term.

What is the strategy for the Pendal Dynamic Income managed fund?

The strategy of the Pendal Dynamic Income managed fund is The Fund is designed for investors who seek income from a portfolio of fixed income securities across a range of market conditions and are prepared to accept some variability of returns.

What is the APIR code of the Pendal Dynamic Income managed fund?

The APIR code of the Pendal Dynamic Income managed fund is BTA8657AU.

What was Pendal Dynamic Income’s total return last month?

Pendal Dynamic Income’s total return last month was 0.37%. This was made up of a growth return of -1.59% and an income return of 1.96%. These returns were calculated as at 30 Jun 2024.

What was Pendal Dynamic Income’s total return for the last three months?

Pendal Dynamic Income’s total return for the last three months was 1.28%. This was made up of a growth return of -0.7% and an income return of 1.98%%. These returns were calculated as at 30 Jun 2024.

What is Pendal Dynamic Income’s one-year total return?

Pendal Dynamic Income’s one-year total return is 7.79%. This was made up of a growth return of 5.47% and an income return of 2.32%. These returns were calculated as at 30 Jun 2024.

What is Pendal Dynamic Income’s three-year total return?

Pendal Dynamic Income’s one-year total return is 1.66%. This was made up of a growth return of 0.47% and an income return of 1.19%. These returns were calculated as at 30 Jun 2024.

What is the asset allocation of the Pendal Dynamic Income managed fund?

The asset allocation of the Pendal Dynamic Income managed fund is :

Cash: -4.14%

Fixed Interest: 104.14%

Australian Equities: 0%

International Equities: 0%

Property: 0%

Alternatives: 0%

What sector/asset class does the Pendal Dynamic Income managed fund belong to?

The Pendal Dynamic Income managed fund belongs to the Bonds - Australia sector/asset class.

What is the size of the Pendal Dynamic Income managed fund?

As at 30 Jun 2024, the size of the Pendal Dynamic Income managed fund was $204.42 million.

What is the inception date of the Pendal Dynamic Income managed fund?

The Pendal Dynamic Income managed fund has an inception date of 20 Dec 2017.

What is the current entry price of the Pendal Dynamic Income managed fund?

The current entry price of the Pendal Dynamic Income managed fund is $1.0678 per unit and the current exit price is $1.0652 per unit (as at 26 Jul 2024).

What is the current exit price of the Pendal Dynamic Income managed fund?

The current exit price of the Pendal Dynamic Income managed fund is $1.0652 per unit and the current entry price is $1.0678 per unit (as at 26 Jul 2024).

What is the minimum investment amount for the Pendal Dynamic Income managed fund?

The minimum initial investment amount for the Pendal Dynamic Income managed fund is $25,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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