Fact sheet: AB SICAV I ShtDurHiYdPfl

Fund information

Fund name
AB SICAV I Short Duration High Yield Portfolio ATH GBP
Fund company manager
AllianceBernstein (LUX) S.A
Fund type
SIB
Fund manager
Ashish Shah
since 29/07/2011
Fund objective
Seeks high risk-adjusted returns by building a fixed-income portfolio with an average duration of less than four years to reduce sensitivity to credit market sell-offs and interest rate moves, Focusing on higher-rated high-yield issuers while avoiding the most speculative CCC and lower-rated bonds, Employing hedging strategies designed to manage downside risk.
Benchmark
No Specified Index
Investment style
High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

3.01 %

1 Year rank in sector

69/77

Sector

FO Fixed Int - Global High Yield

Yield
-
Fund size

£ 1.5 b

FE Risk score

22

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • North America
    79.19%
  • Europe
    15.84%
  • Global Emerging Markets
    2.72%
  • Others
    2.25%
  • Industrials
    79.04%
  • Financials
    11.17%
  • Fixed Interest
    4.47%
  • Utilities
    1.83%
  • Government Agency Bonds
    1.24%
  • North American Fixed Interest
    79.19%
  • European Fixed Interest
    15.84%
  • Global Emerging Market Fixed Interest
    2.72%
  • Global Fixed Interest
    2.25%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.46 %1.68 %3.01 %3.02 %10.09 %
Sector0.56 %3.03 %6.93 %11.05 %24.77 %
Rank within sector66 / 9272 / 8869 / 7758 / 6345 / 46
Quartile th3 rd4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund1.89 %6.42 %-2.86 %-1.89 %4.59 %
Sector4.63 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector71 / 8255 / 7134 / 6649 / 5737 / 48
Quartile th4 th4 th3 rd4 th4 th

Risk statistics

Alpha-1.41
Beta0.66
Sharpe-0
Volatility3.19
Tracking error1.8
Information ratio-1.36
R-Squared0.94

Price movement

52 week high15.04
52 week low14.71
Current bid price0
Current offer price0
Current mid price14.93

Holdings by region

  • 79.19% North America
  • 15.84% Europe
  • 2.72% Global Emerging Markets
  • 2.25% Others

Holdings by sector

  • 79.04% Industrials
  • 11.17% Financials
  • 4.47% Fixed Interest
  • 1.83% Utilities
  • 1.24% Government Agency Bonds
  • 0.86% Government Bonds
  • 0.47% Mutual Funds
  • 0.33% Mortgage & Secured Bonds
  • 0.26% Asset/Mortgage-Backed Securities
  • 0.16% Others

Holdings by asset type

  • 79.19% North American Fixed Interest
  • 15.84% European Fixed Interest
  • 2.72% Global Emerging Market Fixed Interest
  • 2.25% Global Fixed Interest

Individual holdings

  • 1.94% CDX-NAHY 5-YR INDEX 5.00%. 6/20/20
  • 1.56% CDX-NAHY 5-YR INDEX 5.00%. 12/20/20
  • 1.53% CDX-NAHY 5-YR INDEX 5.00%. 12/20/19
  • 0.61% CDX-CMBX.NA.BB 5.00%. 5/11/63
  • 0.53% SFR GROUP 6.00%, 5/15/22
  • 0.51% ALTICE US FINANCE I 5.375%. 7/15/23
  • 0.51% CDX-CMBX.NA.BBB 3.00%. 5/11/63
  • 0.51% ENVISION HEALTHCARE 5.625%, 7/15/22
  • 0.5% CLEAR CHANNEL WORLDWIDE HLDGS INC 6.5% BDS 15/11/22 USD1000 A 144A
  • 0.5% GROUP 1 AUTOMOTIVE. INC. 5.00%. 6/01/22