Nordea European High Yield Sustainable Stars Bond Fund
Nordea European High Yield Sustainable Stars Bond Fund is an active bond fund from Nordea, ISIN LU1927798717.
Active
Bond
Europe
Fund size (GBP) £1.9B
The sub-fund invests at least two-thirds of its total assets (excluding cash) in high yield bonds, contingent convertible bonds and credit default swaps, denominated in EUR or GBP, or issued by companies which are domiciled or exercise the predominant part of their economic activity in Europe. In actively managing the fund?s portfolio, the management team selects issuers with a particular focus on their ability to comply with international standards for environmental, social and corporate governance, and that appear to offer superior growth prospects and investment characteristics.
How the fund has returned, and where it ranks among peers. Returns to Sep 2026 end, GBP net total return.
−3.9%Q4
1 year return
+17.4%Q1
3 year return
+10.3%Q1
5 year return
Chart type
Compare with
Show
Daily NAV, percent change from the start of the range. Source: FE fundinfo.
1 month−2.8%
3 months−3.8%
Volatility, 3 years4.5%
Ongoing charge (OCF)
Fund size (GBP)£1.9B
What the fund holds
Where the money is: sectors, countries and largest holdings. As supplied by FE fundinfo, last updated 6 Oct 2026. Swipe or use the arrows for more panels.
By sector
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
Financials32.6%
Communication Services19.1%
Consumer Staples15.4%
See all sectorsA free account shows the full list.
By country
Spot concentrations at a glance. Share of the fund's portfolio, as supplied by FE fundinfo, last updated 6 Oct 2026.
France16.6%
UK11.2%
Germany9.6%
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 6 Oct 2026.
French Fixed Interest16.6%
UK Fixed Interest11.2%
German Fixed Interest9.6%
See all asset classesA free account shows the full list.
Largest holdings
The biggest positions, and how concentrated the fund is. As supplied by FE fundinfo, last updated 6 Oct 2026.
1. SAMHALLSBYGGNADSBOLAGET I NORDEN HOLDING AB (PUBL) 1.125% ASST BKD 26/09/29 EUR100000REG S2.4%
2. ELECTRICITE DE FRANCE 3.375% UNDATED BDS EUR200000REG S1.8%
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 years4.5%
Scale 0 to 40%
Sharpe ratio, 3 years (FE)1.11
Scale −1 to 3
Largest fall from a peak (maximum drawdown), 3 years
−5.3%
Volatility and maximum drawdown: calculated by Funds Benchmark, as at 30 Sep 2026.
Sharpe, alpha, beta: FE fundinfo, as at 6 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
LU1927798717
Fund manager
Fredriksen, Frederiksen, Strand, Hagelin, Ovesen
Management company
Nordea Investment Funds S.A.
Depositary
Nordea Investment Funds S.A.
Benchmark
ICE BofA European Currency High Yield Constrained Index - Total Return 100% Hedged to EUR
Ongoing charge
Share class launch date
15 Jan 2019
Domicile
LU
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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