After a strong 2025, PriorNilsson Yield has started the new year on a weaker note. During the reporting month, performance was negatively impacted by short positions in indices as well as in industrial companies such as Sandvik, Epiroc, ABB, and Volvo.
The short position in Billerud, meanwhile, contributed positively to the result. Long holdings in Novo Nordisk and Asmodee also performed well, along with smaller positions in Besqab, Thule, and Essity.
The fixed income market continued to show strength, and the interest portfolio contributed 0.3 percent during the month. The fund has sold certain bonds that were deemed fully valued and reallocated capital into short-term certificates while awaiting more attractive opportunities in the bond market.
| PriorNilsson Yield, % | January, 2026 |
| Fund MM, change in percent | -0.79 |
