AB Short Duration High Yield Portfolio ITH GBP
AB Short Duration High Yield Portfolio ITH GBP
ISIN:
LU1306335958
Risk level:
FE fundinfo Rating:
3 of 5
IA Sector:
IA Global High Yield Bond
Income type:
Income
Price:
13.5300GBP
06 December 2024
Last change:
icon-up-small 0.07%
1 year change:
icon-up-small 9.36%
5 year annualised return:
3.33%
12 month yield:
N/A%
At a glance performance and information
Eligibility:
The value of investments, and income from them, can rise and fall so you may get back less than you invest. If you are unsure about investing, seek independent advice
Add to chart:
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AB Short Duration High Yield Portfolio ITH GBP
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IA Global High Yield Bond
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Index
Discrete calendar year performance
Trailing returns
(*annualised)
Fund Objective: The Fund seeks to achieve a high return on your investment for the degree of risk taken both by earning income and by increasing the value of your investment over the long term.
Manager name:
AllianceBernstein (Luxembourg) S.a r.l.
Manager start date:
29 July 2011
Investment style:
High Yield
Region (geographical):
Global
Manager Biography:
Gershon M. Distenfeld, Senior Vice President, is Co-Head of Fixed Income, Director of Credit and a member of the Operating Committee. As Co-Head of Fixed Income, he is responsible for the management and strategic growth of AB’s fixed-income business. As Director of Credit, Distenfeld oversees all of AB’s credit-related strategies, including all global and regional investment-grade and high-yield strategies, as well as their associated investment strategy, activities and portfolio-management teams. In this capacity, he leads AB’s internal Credit Research Review Committee, the primary investment policy and decision-making committee for all credit-related portfolios the firm manages. Distenfeld also co-manages AB’s multiple-award-winning High Income Fund, named “Best Fund over 10 Years” by Lipper from 2012 to 2015, and the multiple-award-winning Global High Yield and American Income portfolios, flagship fixed-income funds on the firm’s Luxembourg-domiciled fund platform for non-US investors. He also designed and is one of the lead portfolio managers for AB’s Multi-Sector Credit Strategy, which invests across investment-grade and high-yield credit sectors globally. Distenfeld is the author of a number of published papers, including one on high-yield bonds being attractive substitutes for equities and another on the often-misunderstood differences between high-yield bonds and loans. Distenfeld joined AB in 1998 as a fixed-income business analyst, and served as a high-yield trader (1999–2002) and high-yield portfolio manager (2002–2006) before being named director of High Yield in 2006. He began his career as an operations analyst supporting Emerging Markets Debt at Lehman Brothers. Distenfeld holds a BS in finance from the Sy Syms School of Business at Yeshiva University, and is a CFA charterholder. Location: New York
Benchmark:
N/A
Sector:
IA Global High Yield Bond
FE fundinfo Rating:
3 of 5
Fees and Charges
Asset Allocation
Fund size: 1,544,942,314.30 GBP
Chart date: December 6, 2024
Top 10 Holdings
Sectors
World regions
What is ESG?
ESG stands for Environmental, Social and Governance and is an approach for evaluating to what extent a company works towards social goals. For investors this can be used in order to understand how their funds and the assets they are made up of work towards these goals and use that information to help make sustainable investment choices.