Legal & General Pension Managed Income Fund 3

Legal & General Pension Managed Income Fund

Fund code
Price144.40p
As at23 Oct 2025
Price57.82p
As at23 Oct 2025
Price128.60p
As at23 Oct 2025
Price57.75p
As at23 Oct 2025
Price137.20p
As at23 Oct 2025
Price58.40p
As at23 Oct 2025

Fund facts

Base currency
GBP
Domicile
UK

As at 31 Aug 2025

Fund aim

Benchmark

ABI Sector

Sterling Corporate Bond

Charges

Investment management charge0.12%
Additional expenses0.18%
Fund management charge0.30%

Performance

Source: Lipper

Performance (%)
Select period:
Change

    Performance summary (%)

    As at 31 Aug 2025

    CumulativeBenchmark
    3 years-
    5 years-
    AnnualisedFund
    1 year-
    3 years-
    5 years-

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 17 Aug 2012

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 17 Aug 2012

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 26 Aug 2005

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 26 Aug 2005

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 31 Oct 2000

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 20 Oct 1997

    Benchmark: IA GBP Corporate Bond NR

    Share class launch date: 10 Apr 2006

    Benchmark: IA GBP Corporate Bond NR

    Share class launch date: 10 Apr 2006

    As at 30 Jun 2025

    CumulativeBenchmark
    3 years-
    5 years-
    AnnualisedFund
    1 year-
    3 years-
    5 years-

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 17 Aug 2012

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 17 Aug 2012

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 26 Aug 2005

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 26 Aug 2005

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 31 Oct 2000

    Benchmark: Markit iBoxx Sterling Corporates TR

    Share class launch date: 20 Oct 1997

    Benchmark: IA GBP Corporate Bond NR

    Share class launch date: 10 Apr 2006

    Benchmark: IA GBP Corporate Bond NR

    Share class launch date: 10 Apr 2006

    Rolling 12-month performance
    Calendar year performance
    Monthly performance
    Annualised performance

    Rolling 12-month performance to last quarter end (%)

    Benchmark
    2016-
    2017-
    2018-
    2019-
    2020-
    2021-
    2022-
    2023-
    2024-
    2025-

    Calendar year performance (%)

    Benchmark
    2015-
    2016-
    2017-
    2018-
    2019-
    2020-
    2021-
    2022-
    2023-
    2024-

    Annualised performance (%)

    1 year3 years5 years
    Fund---

    Data as at 31.08.2025

    Annualised performance (%)

    1 year3 years5 years
    Fund---

    Data as at 30.06.2025

    Performance for the F Acc unit class in GBP, launched on 17 August 2012. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the F Inc unit class in GBP, launched on 17 August 2012. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the I Acc unit class in GBP, launched on 26 August 2005. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the I Inc unit class in GBP, launched on 26 August 2005. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the R Acc unit class in GBP, launched on 31 October 2000. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the R Inc unit class in GBP, launched on 20 October 1997. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 10 April 2006. Source: Lipper.

    Past performance is not a guide to the future.

    Performance for the unit class in GBP, launched on 10 April 2006. Source: Lipper.

    Past performance is not a guide to the future.

    Portfolio

    As at 31 Aug 2025. All data source LGIM unless otherwise stated. Totals may not sum due to rounding.

    Currency (%)

    This is the currency breakdown before allowing for any hedging the fund may use. We aim to hedge the portfolio 100% back to the base currency.

    Currency (%)

    GBP94.1
    EUR3.7
    USD2.2

    This is the currency breakdown before allowing for any hedging the fund may use. We aim to hedge the portfolio 100% back to the base currency.

    Years to maturity (%)

    0 - 5 Years32.5
    5 - 10 Years38.3
    10 - 15 Years13.4
    15 - 20 Years7.7
    20 - 25 Years3.2
    25 - 30 Years4.2
    30+ Years0.7

    Credit rating (%)

    AAA0.4
    AA17.7
    A30.5
    BBB45.7
    BB2.5
    CCC0.6
    NR-0.2
    Cash2.7
    Not Classified0.1

    Sector (%)

    Utilities21.7
    Banks18.6
    ABS14.6
    Sovereign13.8
    Real Estate6.8
    Consumer Goods5.6
    Insurance5.0
    Consumer Services3.7
    Cash and Equivalents2.7
    Other7.5
    Top 10 issuers33.1
    Rest of portfolio66.9
    No. of issuers114

    Top 10 issuers (%)

    United Kingdom13.7
    Telereal Securitisation Holdings2.6
    Lloyds Banking Group2.5
    Anglian Water Group2.4
    CK Hutchison Holdings2.2
    Credit Mutuel2.0
    AA/United Kingdom2.0
    Kelda Holdings1.9
    NatWest Group1.9
    BSREP II Center Parcs Jersey1.9

    Country (%)

    United Kingdom66.0
    France6.6
    United States4.5
    Canada3.1
    Germany2.9
    Spain1.8
    Australia1.7
    Bermuda1.5
    British Virgin Islands1.5
    Other10.3

    Fund managers

    James leads our Active Sterling Credit team, and lead manages our flagship all-stock, over 10 year institutional and corporate bond retail strategies. He joined L&G in June 2012 and progressed to the UK Active Credit team in January 2013. He graduated from Cass Business School with a degree in investment and financial risk management, is IMC qualified and a CFA Charterholder.

    Lan is a portfolio manager in the European Credit team, having joined L&G in September 2010. She is responsible for managing a number of Active Sterling and Euro portfolios. Previously Lan was at Hedge Funds Investment Management where she worked as a research analyst in the Investment team. Prior to this, Lan completed internships with UBS in London and China Lion Securities. Lan holds a MMath in Mathematics and Statistics from Oxford University as well as an MSc in Finance at Imperial College London. She also holds the Investment Management Certificate and is a CFA charterholder.

    JamesMacIntyre-Ure

    LanWu

    Prices

    Name
    I GBP Acc
    Price
    144.40p
    Change (%)
    -0.21
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    I GBP Inc
    Price
    57.82p
    Change (%)
    -0.53
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    R GBP Acc
    Price
    128.60p
    Change (%)
    -0.16
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    R GBP Inc
    Price
    57.75p
    Change (%)
    -0.50
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    F GBP Acc
    Price
    137.20p
    Change (%)
    -0.22
    Currency
    GBP
    Price time
    12:00 UK time
    Name
    F GBP Inc
    Price
    58.40p
    Change (%)
    -0.53
    Currency
    GBP
    Price time
    12:00 UK time

    Important Information

    The fund performance provided is: 

    • after all fund charges have been taken, but doesn't include any other product charges. Please see your product literature for more information on charges.
    • assuming all income generated by the investments remains within the fund

    Please bear in mind that past performance is not a guide to future returns. The value of an investment and any income taken from it is not guaranteed and may go down as well as up. You could get back less than you invest.

    Performance data source: Lipper. 

    Index disclaimer

    Neither Markit, its Affiliates or any third party data provider makes any warranty, express or implied, as to the accuracy, completeness or timeliness of the data contained herewith nor as to the results to be obtained by recipients of the data. Neither Markit, its Affiliates nor any data provider shall in any way be liable to any recipient of the data for any inaccuracies, errors or omissions in the Markit data, regardless of cause, or for any damages (whether direct or indirect) resulting therefrom. Markit has no obligation to update, modify or amend the data or to otherwise notify a recipient thereof in the event that any matter stated herein changes or subsequently becomes inaccurate. Without limiting the foregoing, Markit, its Affiliates, or any third party data provider shall have no liability whatsoever to you, whether in contract (including under an indemnity), in tort (including negligence), under a warranty, under statute or otherwise, in respect of any loss or damage suffered by you as a result of or in connection with any opinions, recommendations, forecasts, judgments, or any other conclusions, or any course of action determined, by you or any third party, whether or not based on the content, information or materials contained herein. Copyright © 2025, Markit Indices GmbH.

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