HSBC High Yield Fund*

As of 10/31/2019

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
BBB 3.5%
BB 37.8%
B 37.0%
CCC 12.7%
CC 0.0%
C 0.0%
D 0.0%
Unrated 5.4%
Cash 3.7%
Ratings AAA through BBB are considered investment grade, while ratings BB through D are considered not investment grade.

Top Ten Countries

Top ten countries in Fund.
Country Fund
United States 71.0%
Luxembourg 4.3%
Canada 3.7%
United Kingdom 2.6%
Ireland 2.0%
Australia 1.0%
Turkey 0.8%
France 0.7%
Switzerland 0.7%
Belgium 0.7%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Basic Industry 11.3%
Healthcare 10.1%
Telecommunications 9.2%
Energy 9.0%
Media 8.6%
Leisure 7.4%
Technology & Electronics 5.4%
Financial Services 5.2%
Banking 4.8%
Capital Goods 4.1%

*On April 1, 2019, the HSBC Global High Yield Bond Fund became the HSBC High Yield Fund. Although the fund will no longer invest in a globally diversified portfolio of high yield securities, the fund will invest opportunistically in investments outside of the United States.
**Prior to April 1, 2019, the fund's benchmark was the ICE BofA Merrill Lynch Global High Yield Index