UK utility company bonds

valiant24

Hi
Does anyone know if there is a fund, or better still an ETF, that deals exclusively in bonds issued by UK utility companies?
I've not found anything remotely similar through googling.
Thanks
V

dunstonh

Don't know if there is as that is the sort of investing I would avoid.

Also, it would be a very high-risk investment.   Over 50 utility companies have failed between 2015 and early 2022.

valiant24

dunstonh said:

Don't know if there is as that is the sort of investing I would avoid.

Also, it would be a very high-risk investment.   Over 50 utility companies have failed between 2015 and early 2022.

Yeah, good point.  I was thinking more of a "Big Six", plus maybe some water ones.

Prism

Well the big six utility companies cannot be invested in directly as they are all owned by someone else.

I suppose you could grab the bonds directly if they can be found

wmb194

Prism said:

Well the big six utility companies cannot be invested in directly as they are all owned by someone else.

I suppose you could grab the bonds directly if they can be found

The shares of Severn Trent (FTSE100), United Utilities (FTSE100) and Pennon (FTSE250) are still listed in London but for the others you can still find bonds of theirs also listed e.g., Thames Water. Not all are sterling though, some are euros, and how easy they are to buy for retail investors is another question. For instance even if you can find a broker that will deal in them they may have large minimum trade quantities.

Linton

EDF Energy, National Grid and Anglian Water bonds are listed on the HL website.  Even if the issuer no longer exists as an independent company its bonds can live on to maturity.

However I dont think you will find a corporate bond fund purely investing in utilities.

wmb194

Linton said:

EDF Energy, National Grid and Anglian Water bonds are listed on the HL website.  Even if the issuer no longer exists as an independent company its bonds can live on to maturity.

However I dont think you will find a corporate bond fund purely investing in utilities.

They can also still issue new bonds and list them on a stock exchange. There isn't a requirement that a company's equity also has to be listed.