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M&G Dividend Fund I Acc

  • Fund Info & charges
  • Performance
  • Fund breakdown
  • Dividend History
Fund ProviderM&G Securities Ltd
Fund Summary'The Fund invests mainly in a range of UK equities with the aim of achieving income growth over time. The target yield is 33% higher than that of the FTSE All-Share Index but this may vary in the shorter term. Subject to this, the aim will be to maximise total return (the combination of income and growth of capital).
SEDOL codeB7BX482
ISINGB00B7BX4821
Fund codeMGDDA
ManagersMichael Stiasny
Manager Tenure1 year
Morningstar CategoryUK Equity Income
IMA SectorUK Equity Income
Fund Size£921 million
Fund TypeOEIC
Management StyleActive
Ongoing Charge Figure (OCF)0.7%
Cavendish ongoing charge0.05%
FundsNetwork Service Fee0.20%
Minimum Initial Investment£25
Minimum Top Up£25
Minimum Monthly Investment£25
Sell Price£12.9141
Buy Price£12.9141
Price Change+2.7653%
Price Date28th September 2020
Yield4.55%
Dividend FrequencySemi-Annually
ISA EligibleYes
SIPP EligibleYes
Inception Date4th February 2013
Fund StatusOPEN
Michael Stiasny is the fund manager of Charifund and, since 1 April 2018, of the M&G UK Income Distribution Fund. He is also deputy fund manager of both the M&G Recovery Fund and the M&G Global Recovery Fund. He joined M&G in 1998 as an equity analyst, becoming head of the equity research team in 2004. He was appointed deputy fund manager of the M&G Recovery Fund in 2011. Michael graduated with a degree in philosophy, politics and economics from the University of Oxford in 1997. He is a CFA charterholder.

3-year Mean Monthly Return: -0.421%

Annual Returns2019201820172016201520142013201220112010
Fund Performance-15.17%-2.03%-0.31%+20.33%-1.58%+8.61%+9.99%+16.34%-0.25%+24.02%
Benchmark Performance
(UK Equity Income)
-14.88%-2.76%+5.09%+18.47%-1.43%
Time PeriodCumulativeBenchmark Performance
(UK Equity Income)
Fund Compared to Benchmark
1 day2.77%-22.14%+24.91%
1 week2.82%-1.72%+4.54%
1 month-0.51%-3.21%+2.71%
3 months-3.65%+9.15%-12.80%
6 months9.88%-16.92%+26.80%
1 year-18.57%-4.82%-13.75%
3 years-6.25%+0.86%-7.10%
5 years0.05%+5.23%-5.19%
10 years3.86%-1.72%+5.57%
YTD-22.53%+1.65%-24.18%
Since inception10.28%Currently unavailableCurrently unavailable

Top 10 shares for this fund

Share NameCountryValue
British American Tobacco PLCGBR5.87%
AstraZeneca PLCGBR5.36%
BP PLCGBR5.09%
Rio Tinto PLCGBR4.77%
Imperial Brands PLCGBR4.18%
GlaxoSmithKline PLCGBR3.95%
GVC Holdings PLCGBR3.12%
National Grid PLCGBR3.08%
Phoenix Group Holdings PLCGBR2.51%
HSBC Holdings PLCGBR2.31%
Dividend DatePer share amountReinvestment Price
1st July 20200.2146£13.0794
1st April 20200.1775£11.7944
2nd January 20200.1950£16.8107
1st July 20190.4973£15.8796
2nd January 20190.1525£13.8552
2nd July 20180.4336£15.7448