Algebris IG Financial Credit Fund is an active bond fund from Algebris Investments, ISIN IE00BK1KGS86.
Active
Bond
Global
Fund size (GBP) £1.2B
The Fund aims to generate an attractive level of income and modest capital appreciation in the medium term by investing predominantly in investment grade securities rated BBB- or above by a major rating agency. The Fund intends to invest in the financial sector globally, predominantly in fixed and variable, corporate investment grade securities, including senior and subordinated debt instruments of financial institutions. The Fund may invest up to 10% of its NAV in contingent convertible bonds (CoCo Bonds). The Fund is actively managed without reference to any benchmark.
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
−2.7%Q3
1 year return
+18.7%Q1
3 year return
+5.5%Q1
5 year return
Chart type
Compare with
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Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month−2.0%
3 months−3.3%
Volatility, 3 years4.8%
Ongoing charge (OCF)
Fund size (GBP)£1.2B
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 17 Oct 2026. Swipe or use the arrows for more panels.
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 17 Oct 2026.
Italy16.0%
France14.0%
United Kingdom13.0%
See all countriesA free account shows the full list.
By asset class
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 17 Oct 2026.
Tier 289.0%
Cash11.0%
Largest holdings
The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 17 Oct 2026.
1. ALGEBRIS UCITS FUNDS PLC FINANCIAL CREDIT M EUR6.2%
2. LLOYDS BANKING GROUP PLC 2.707% DTD SUB RST NT 03/12/35 GBP1000002.0%
3. AIB GROUP PLC VAR May35 EMTN1.9%
4. NATWEST GROUP PLC FXD TO FXD RT RST NTS 06/06/33 GBP100000 T21.8%
5. BNP PARIBAS VAR Feb37 EMTN1.7%
See all holdingsA free account shows the full list.
Macro events and this fund
Recent events linked to this fund by its country and sector exposure, and how it moved after. A measured move, not a cause.
Performance, risk and facts
Judge return, risk and cost before a client conversation. Relative return uses the chart's time range. Facts as reported by the manager.
Against its benchmark
How the fund compares with its benchmark over the same period.
Risk
How bumpy the ride has been, plus the regulatory risk rating.
Volatility, 3 years4.8%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)1.00
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−5.2%
Alpha, 3 years (FE)
2.15
Beta, 3 years (FE)
1.15
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 8 Jul 2026.
Regulatory risk rating (SRRI)4 of 7
Fund facts
Legal and cost facts for a client note. As reported by the manager.
ISIN
IE00BK1KGS86
Fund manager
Pirro
Management company
Algebris (UK) Limited
Depositary
BNP Paribas Fund Administration Services (Ireland) Limited
Ongoing charge
Share class launch date
4 Nov 2019
Domicile
IE
Fund type
open-ended fund
SRRI
4 of 7
What a sum would have become
What an amount would have grown to over the period.
n/a
Past performance is not a reliable guide to future returns. Capital is at risk. Source: FE fundinfo. Returns are GBP net total return to month end unless stated. Headline returns to Sep 2026. Fund size is shown in GBP.
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