Coronation Fixed Income Fund

The Coronation Fixed Income Fund is having a rough week relative to its peers. Its most recent Week-to-Date (WTD) yield is -1.97%, meaning the fund's value dipped over the past week, while the median WTD yield across all Fixed Income / Bond Funds (funds that invest primarily in loans to governments and companies that pay regular interest) sits at 0.16%. That gap is significant and places this fund well below the middle of its category for the week. The fund's Net Asset Value (NAV), which is the total value of everything the fund holds, has also been declining steadily, falling from ₦1.09B on 5 June 2026 to ₦1.04B on 3 July 2026. The fund is currently ranked #160 of 222 across all funds and #26 of 42 within its own Fixed Income / Bond Funds category.

Looking at the broader picture, the fund's Year-to-Date (YTD) yield of 6.09% shows that, across the full year so far, the fund has still delivered positive returns for its 2,999 unitholders. The recent weekly results have been choppy: WTD yields moved from 0.43% to 0.59%, then dipped to -0.57%, briefly recovered to 0.10%, and have now fallen sharply to -1.97%. That pattern suggests short-term volatility rather than a single steady direction. The NAV drop from ₦1.07B to ₦1.04B in just the past week accounts for most of the recent pressure on performance.