HSBC High Yield Fund*

As of 2/29/2020

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 0.0%
AA 0.0%
A 0.0%
BBB 2.9%
BB 36.4%
B 37.4%
CCC 14.0%
CC 0.1%
C 0.0%
D 0.0%
Unrated 5.4%
Cash 3.9%
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 73.2%
Luxembourg 4.7%
Canada 3.9%
United Kingdom 2.5%
Australia 1.3%
Cayman Islands 1.2%
Ireland 0.8%
Zambia 0.7%
Switzerland 0.7%
Belgium 0.6%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Healthcare 11.1%
Basic Industry 10.9%
Media 8.7%
Telecommunications 7.7%
Energy 7.5%
Technology & Electronics 7.4%
Leisure 5.8%
Capital Goods 5.8%
Financial Services 5.8%
Services 3.9%

*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 Global High Yield Index