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(s)
Gershon Distenfeld
since 29/07/2011
Ivan Rudolph Shabinsky
since 31/12/2011
Sherif Hamid
since 30/04/2015
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

2.34 %

1 Year rank in sector

69/79

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
    78.26%
  • Europe
    16.27%
  • Global Emerging Markets
    3.12%
  • Others
    2.35%
  • Industrials
    81.34%
  • Financials
    11.73%
  • Fixed Interest
    1.86%
  • Utilities
    1.82%
  • Government Bonds
    1.12%
  • North American Fixed Interest
    78.26%
  • European Fixed Interest
    16.27%
  • Global Emerging Market Fixed Interest
    3.12%
  • Global Fixed Interest
    2.35%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.26 %1.36 %2.34 %4.57 %9.85 %
Sector0.74 %2.83 %5.68 %13.68 %24.22 %
Rank within sector82 / 9577 / 9069 / 7956 / 6244 / 45
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund2.23 %6.42 %-2.86 %-1.89 %4.59 %
Sector5.1 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector70 / 8355 / 7134 / 6548 / 5636 / 47
Quartile th4 th4 th3 rd4 th4 th

Risk statistics

Alpha-1.1
Beta0.63
Sharpe-0
Volatility2.94
Tracking error1.79
Information ratio-1.4
R-Squared0.94

Price movement

52 week high15.04
52 week low14.71
Current bid price0
Current offer price0
Current mid price14.94

Holdings by region

  • 78.26% North America
  • 16.27% Europe
  • 3.12% Global Emerging Markets
  • 2.35% Others

Holdings by sector

  • 81.34% Industrials
  • 11.73% Financials
  • 1.86% Fixed Interest
  • 1.82% Utilities
  • 1.12% Government Bonds
  • 0.77% Government Agency Bonds
  • 0.51% Mutual Funds
  • 0.35% Mortgage & Secured Bonds
  • 0.28% Asset/Mortgage-Backed Securities
  • 0.17% Others

Holdings by asset type

  • 78.26% North American Fixed Interest
  • 16.27% European Fixed Interest
  • 3.12% Global Emerging Market Fixed Interest
  • 2.35% Global Fixed Interest

Individual holdings

  • 1.97% CDX-NAHY 5-YR INDEX 5.00%. 6/20/20
  • 1.58% CDX-NAHY 5-YR INDEX 5.00%. 12/20/20
  • 1.55% CDX-NAHY 5-YR INDEX 5.00%. 12/20/19
  • 0.6% CDX-CMBX.NA.BB 5.00%. 5/11/63
  • 0.5% CDX-CMBX.NA.BBB 3.00%. 5/11/63
  • 0.5% SPRINT SPECTRUM 3.36%. 9/20/21
  • 0.49% ENERGY TRANSFER EQUITY LP 7.5% BDS 15/10/20 USD1000
  • 0.49% TESORO LOGISTICS 6.25%. 10/15/22
  • 0.48% NEW RED FINANCE 6.00%. 4/01/22
  • 0.46% AMC NETWORKS INC 4.75% BDS 15/12/22 USD1000