Unlisted holdings

Data as at : 30/06/2025

% of total assets
3.7

Portfolio yield

Data as at : 30/06/2025

%
1.8

Please note that the above fields are displayed for companies that have reported this data to the AIC. Where data is reported, it may be subject to valuation lags.

Top holdings

Data as at : 31/12/2024

Investment % of total assets
Anglo American PLC 6.9
Rio Tinto PLC Ordinary Shares 4.8
Targa Resources Corp 3.9
Shell PLC 3.5
Permian Resources Corp Class A 3.3
Vertiv Holdings Co Class A 3.2
Norsk Hydro ASA 3.2
EOG Resources Inc 3.2
Glencore PLC 3.1
ConocoPhillips 2.9

Geographic breakdown

Data as at : 30/06/2025

Country % of total assets
USA 34.8
UK 15.6
Canada 8.4
Brazil 6.2
Germany 6.0
South Africa 5.4
France 5.2
Australia 3.3
Spain 2.8
Italy 2.6
Zambia 1.8
Luxembourg 1.6
Norway 1.0
Morocco 0.8
Ireland 0.6
Argentina 0.3

Depending on the nature of the underlying asset classes, geographic breakdowns may not always add up to 100%.

Industry breakdown

Data as at : 31/12/2024

Industry % of total assets
Energy 37.7
Basic Materials 34.6
Industrials 16.2
Utilities 14.1
Technology 5.1
Corporate Bond 1.1
Convertible 1.1
Preferred 0.9
Cash Equivalents -13.9
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Asset breakdown

Data as at : 31/12/2024

Asset % of total assets
Stock 110.5
Bond 2.4
Other 1.1
Cash/Cash equivalents -13.9

Detailed asset breakdown

Data as at : 31/12/2024

Asset % of total assets
North America - stock 66.2
UK - Large value stock 17.9
Europe - Large-cap stock 10.9
Europe - Mid-cap stock 6.6
Asia (excl Japan) - stock 2.7
Emerging markets - bond 2.4
Emerging markets - stock 2.0
Other - stock 1.8
Convertibles 1.1

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FE fundinfo logo Company documents provided by FE fundinfo.