USD
3.14
| Change vs Previous Trading Day (%) | Dividend Frequency | Fund Size | Last Update (YYYY-MM-DD) |
|---|---|---|---|
| +0.00 % | Monthly | USD 14,944,097,687.00 | 2025-07-03 |
| Risk Rating | Morningstar Overall Rating | Morningstar ID | Investment Objective Type |
|---|---|---|---|
| 4 |
|
F0GBR05XE6 | Focus more on long-term investment returns. |
|
|
|
|
ASSET ALLOCATION
| Bond | 100.1% |
| Other | 1.53% |
| Stock | 0.44% |
| Not classified | 0% |
| Cash | -2.07% |
BOND SECTOR
| Corporate | 86.55% |
| Government | 9.84% |
| Securitized | 3.48% |
| Derivative | 1.96% |
| Municipal | 0.26% |
| Cash & Equivalents | -2.09% |
Product Features - Investment Objective and Strategy
The investment objective of the Portfolio is to produce high current income as well as overall total return. In seeking to achieve this objective, the Portfolio will invest primarily, and at any time at least two-thirds of its assets in, a portfolio of high yielding debt securities of issuers located throughout the world, including U.S. issuers and issuers in emerging market countries.
INFORMATION
| Fund House | Launch Date | Investment Market Sector | Fund Type | Management Fee | Performance Fee | ISIN |
|---|---|---|---|---|---|---|
| AllianceBernstein Investments Inc | 2002-09-26 | Fixed Income | Global High Yield Bond | Please refer to the factsheet | LU0156897901 | |
UNIT PRICE
| NAV | 52-week Low-high |
|---|---|
| 3.14 | USD 2.99-3.21 |
RETURN (%)
| Cumulative As of 2025-07-03 |
YTD | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | All (Annualized) |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund Performance | 4.02 | 0.28 | 1.90 | 4.16 | 3.69 | 8.51 | 9.16 | 4.83 | 3.55 | 7.16 |
| Annualised | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Fund Performance | 7.14 | 13.16 | -12.47 | 2.92 | 1.87 |
MORNINGSTAR RATING
| Overall Rating | 3-yr Rating | 5-yr Rating | 10-yr Rating | As of |
|---|---|---|---|---|
|
|
|
|
2025-05-31 |
FUND VOLATILITY
| 1-year Sharpe Ratio | 1-yr Std Dev | 1-yr Annualised Return | 3-yr Sharpe Ratio | 3-yr Std Dev | 3-yr Annualised Return | As of |
|---|---|---|---|---|---|---|
| 1.00 | 3.69 | 8.51% | 0.62 | 6.91 | 9.16% | 2025-06-30 |
|
|
|
|
|
|
|
|
| Sec ID | Dividend Frequency | Dividend Yield | Last Dividend Paid | Last ExDividend Date |
|---|---|---|---|---|
| F0GBR05XE6 | Monthly | 7.25% | USD 0.0189 | 2025-07-31 |
1 / 1Previous1Next |
| Manager | Fund Manager Start Date | Biography |
|---|---|---|
| Sheridan Matthew | 2017-01-01 | Matthew Sheridan is a Senior Vice President and Portfolio Manager at AB, primarily focusing on the Global Multi-Sector Strategy portfolios. He is a member of the Global Fixed Income, Global High Income and Emerging Market Debt portfolio-management teams. Additionally, Sheridan is a member of the Rates and Currency Research Review team and the Emerging Market Debt Research Review team. He joined AB in 1998 and previously worked in the firm’s Structured Asset Securities Group. Sheridan holds a BS in finance from Syracuse University. He is a CFA charterholder. Location: New York |
| Distenfeld Gershon | 2002-01-01 | Gershon M. Distenfeld is a Senior Vice President and Director of Credit at AB, responsible for overseeing the investment strategy and management of all investment-grade and high-yield corporate bond portfolios and associated portfolio-management teams and Co-Head of Fixed Income. Strategies under his purview span the credit and risk spectrum, from short-duration investment-grade corporate bond portfolios to regional and global high-yield portfolios, encompassing a range of investment approaches, objectives and alpha targets, from income-oriented buy-and-hold strategies to active multi-sector total return strategies, and including both publicly traded securities and private placements in developed and emerging markets. Distenfeld is also a Partner of the firm. He 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. Distenfeld 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. He 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. His blog “High Yield Won’t Bubble Over” (January 2013) is one of AB’s all-time most-read blogs. 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 |
| Smith Will | 2023-02-08 | Will is the Senior Fund Manager for City Natural Resources High Yield Trust. He is also adviser to New City High Yield Trust, Geiger Counter Limited, New City Energy Limited and Golden Prospect Precious Metals. Prior to joining CQS in 2008, Will was responsible for running Landsbanki Securities Proprietary Trading in global equities. Previously, he was Head of FTSE 250 Market Making for Panmure Gordon. Prior to that, he had 11 years experience trading UK equities at UBS, and 10 years at Morgan Grenfell Securities. |
| DiClementi Christian | 2021-10-05 | Christian DiClementi is a Vice President and Portfolio Manager at AB, focusing on local-currency emerging-market debt portfolios. He is a member of the Emerging Market Debt and Global Fixed Income portfolio-management teams, and a member of the Emerging Market Debt Research Review team. Prior to joining the Emerging Market Debt portfolio-management team in early 2013, DiClementi served as a member of the Economic Research Group, focusing mainly on sovereign fundamental research for the Caribbean, Central American and Latin American regions. Previously, he worked as an analyst in the firm’s Quantitative Research Group, focusing primarily on global sovereign return and risk modeling. DiClementi joined AB in 2003 as an associate portfolio manager, responsible for New York–based municipal bond accounts. He holds a BS in mathematics (summa cum laude) from Fairfield University. Location: New York |
| Malik Fahd | 2021-01-31 | Fahd Malik is a Portfolio Manager on the fixed income team, focusing primarily on Income Strategies. Prior to taking on this role, he served as a portfolio manager for AB’s Absolute Return fund. Malik joined the firm in 2006 and has extensive experience in systematic, market neutral, risk-mitigating and derivative strategies. He holds a BS in electrical and computer engineering from The Cooper Union for the Advancement of Science and Art and an MS in mathematics in finance from the Courant Institute of Mathematical Sciences at New York University. Location: New York |
Dividend
