HSBC High Yield Fund*

As of 11/30/2019

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 0.0%
AA 0.0%
A 0.0%
BBB 4.7%
BB 35.9%
B 43.2%
CCC 6.9%
CC 0.0%
C 0.0%
D 0.0%
Unrated 5.4%
Cash 3.8%
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 72.1%
Canada 4.0%
Luxembourg 4.0%
Ireland 2.0%
United Kingdom 1.9%
Australia 1.0%
Turkey 0.8%
Switzerland 0.7%
Belgium 0.6%
Brazil 0.6%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Basic Industry 11.1%
Healthcare 10.4%
Telecommunications 9.0%
Media 9.0%
Energy 7.9%
Leisure 7.5%
Capital Goods 5.9%
Technology & Electronics 5.6%
Financial Services 5.2%
Banking 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 Merrill Lynch Global High Yield Index