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

3.12 %

1 Year rank in sector

68/75

Sector

FO Fixed Int - Global High Yield

Yield
-
Fund size

£ 1.5 b

FE Risk score

23

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • North America
    79.19%
  • Europe
    16.14%
  • Global Emerging Markets
    2.76%
  • Others
    1.91%
  • Industrials
    78.4%
  • Financials
    10.48%
  • Fixed Interest
    5.22%
  • Utilities
    1.93%
  • Mortgage & Secured Bonds
    1.65%
  • North American Fixed Interest
    79.19%
  • European Fixed Interest
    16.14%
  • Global Emerging Market Fixed Interest
    2.76%
  • Global Fixed Interest
    1.91%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.26 %1.43 %3.12 %1.72 %12.92 %
Sector0.74 %3.28 %7.54 %10 %29.12 %
Rank within sector78 / 8971 / 8468 / 7553 / 5744 / 45
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund1.77 %6.42 %-2.86 %-1.89 %4.59 %
Sector4.15 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector68 / 8154 / 6830 / 6347 / 5537 / 47
Quartile th4 th4 th2 nd4 th4 th

Risk statistics

Alpha-1.51
Beta0.66
Sharpe-0
Volatility3.27
Tracking error1.8
Information ratio-1.35
R-Squared0.93

Price movement

52 week high15.04
52 week low14.71
Current bid price0
Current offer price0
Current mid price14.99

Holdings by region

  • 79.19% North America
  • 16.14% Europe
  • 2.76% Global Emerging Markets
  • 1.91% Others

Holdings by sector

  • 78.4% Industrials
  • 10.48% Financials
  • 5.22% Fixed Interest
  • 1.93% Utilities
  • 1.65% Mortgage & Secured Bonds
  • 0.92% Government Bonds
  • 0.6% Mutual Funds
  • 0.31% Asset/Mortgage-Backed Securities
  • 0.19% Government Agency Bonds
  • 0.13% Others

Holdings by asset type

  • 79.19% North American Fixed Interest
  • 16.14% European Fixed Interest
  • 2.76% Global Emerging Market Fixed Interest
  • 1.91% Global Fixed Interest

Individual holdings

  • 1.95% CDX-NAHY 5-YR INDEX 5.00%. 6/20/20
  • 1.57% CDX-NAHY 5-YR INDEX 5.00%. 12/20/20
  • 1.54% CDX-NAHY 5-YR INDEX 5.00%. 12/20/19
  • 0.61% CDX-CMBX.NA.BB 5.00%. 5/11/63
  • 0.52% ALTICE US FINANCE I 5.375%. 7/15/23
  • 0.51% CDX-CMBX.NA.BBB 3.00%. 5/11/63
  • 0.5% CLEAR CHANNEL WORLDWIDE HLDGS INC 6.5% BDS 15/11/22 USD1000 REG S
  • 0.5% GROUP 1 AUTOMOTIVE. INC. 5.00%. 6/01/22
  • 0.49% SPRINT SPECTRUM 3.36%, 9/20/21
  • 0.48% ENERGY TRANSFER EQUITY LP 7.5% BDS 15/10/20 USD1000