Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.

This week, the Allianz US High Yield fund defeats the Amundi US High Yield Bond fund 5-1.

Allianz US High Yield fund

The fund concentrates on high-yielding corporate bonds of companies that are domiciled in the US. Up to 20% of the fund’s assets may be invested in securities that are denominated in currencies other than the US dollar.

Top 10 holdings:

CCF HOLDINGS LLC 3.55%

CCO HLDGS LLC/CAP CORP 1.94%

CAESARS ENTERTAIN INC 1.54%

FTAI AVIATION INVESTORS 1.51%

PANTHER ESCROW ISSUER 1.51%

VMED O2 UK FINANCING I 1.50%

GEN DIGITAL INC 1.49%

QUIKRETE HOLDINGS INC 1.49%

NRG ENERGY INC 1.39%

BOMBARDIER INC 1.33%

Amundi US High Yield Bond fund

The fund invests at least 70% of its assets in below- investment grade U.S. corporate bonds, convertible securities, preferred stocks and mortgage-related and asset-backed securities. It may also invest up to 30% of its assets in Canadian issuers and up to 15% in issuers from elsewhere in the world.

Top 10 holdings:

PRIHEA 1.76%

CHTR 1.70%

BHCCN 1.68%

GALCLD 1.55%

NLSN 1.53%

TKOCN 1.40%

ADAHEA 1.39%

USACUT 1.37%

ALLY 5 1.37%

TRN 1.36%

*All relevant fund data converted to US dollars for comparative purposes. Performance, alpha and volatility are annualised over three years with data as reported at the end of last month. Information ratio (IR) aims to measure a portfolio manager’s consistent ability to generate excess returns relative to a benchmark. The higher the IR, the more consistent the manager is.