HSBC High Yield Fund*

As of 8/31/2020

Quality Distribution

Quality Distribution Fund information and comparison to Benchmark (if available)
Quality Fund
AAA 0.0%
AA 0.0%
A 0.0%
BBB 4.8%
BB 37.1%
B 34.7%
CCC 13.6%
CC 0.0%
C 0.0%
D 0.0%
Unrated 5.1%
Cash 4.7%
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 78.4%
Luxembourg 3.5%
Ireland 1.3%
United Kingdom 1.2%
Australia 1.1%
Canada 1.1%
Zambia 0.7%
Cayman Islands 0.7%
Peru 0.6%
Belgium 0.6%

Sector Allocation

Sector allocation information for Fund and comparison to Benchmark (if available)
Sector Name Fund
Energy 11.0%
Healthcare 10.5%
Basic Industry 10.0%
Financial Services 7.9%
Media 7.9%
Technology & Electronics 6.8%
Leisure 5.9%
Capital Goods 5.6%
Telecommunications 5.6%
Automotive 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 Global High Yield Index