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

2.85 %

1 Year rank in sector

72/82

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
    79.15%
  • Europe
    15.48%
  • Global Emerging Markets
    2.87%
  • Others
    2.5%
  • Industrials
    79.82%
  • Financials
    10.85%
  • Fixed Interest
    4.83%
  • Utilities
    1.76%
  • Government Bonds
    1.08%
  • North American Fixed Interest
    79.15%
  • European Fixed Interest
    15.48%
  • Global Emerging Market Fixed Interest
    2.87%
  • Global Fixed Interest
    2.5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.61 %0.22 %2.85 %3.94 %9.54 %
Sector-0.28 %1.55 %6.7 %12.65 %24.37 %
Rank within sector76 / 9879 / 9172 / 8259 / 6444 / 45
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20172016201520142013
Fund1.74 %6.42 %-2.86 %-1.89 %4.59 %
Sector4.9 %11.43 %-2.49 %1.36 %5.18 %
Rank within sector72 / 8559 / 7335 / 6749 / 5738 / 49
Quartile th4 th4 th3 rd4 th4 th

Risk statistics

Alpha-1.13
Beta0.63
Sharpe-0
Volatility2.93
Tracking error1.8
Information ratio-1.4
R-Squared0.94

Price movement

52 week high15
52 week low14.75
Current bid price0
Current offer price0
Current mid price14.84

Holdings by region

  • 79.15% North America
  • 15.48% Europe
  • 2.87% Global Emerging Markets
  • 2.5% Others

Holdings by sector

  • 79.82% Industrials
  • 10.85% Financials
  • 4.83% Fixed Interest
  • 1.76% Utilities
  • 1.08% Government Bonds
  • 0.63% Asset/Mortgage-Backed Securities
  • 0.49% Mutual Funds
  • 0.34% Mortgage & Secured Bonds
  • 0.18% Government Agency Bonds
  • 0.02% High Yield Bond

Holdings by asset type

  • 79.15% North American Fixed Interest
  • 15.48% European Fixed Interest
  • 2.87% Global Emerging Market Fixed Interest
  • 2.5% Global Fixed Interest

Individual holdings

  • 1.99% CDX-NAHY 5-YR INDEX 5.00%. 6/20/20
  • 1.61% CDX-NAHY 5-YR INDEX 5.00%. 12/20/20
  • 1.57% CDX-NAHY 5-YR INDEX 5.00%. 12/20/19
  • 0.59% CDX-CMBX.NA.BB 5.00%. 5/11/63
  • 0.59% CDX-CMBX.NA.BBB 3.00%. 5/11/63
  • 0.51% FIRST DATA CORP 5.375% BDS 15/08/23 USD1
  • 0.51% SPRINT SPECTRUM 3.36%. 9/20/21
  • 0.5% ANDEAVOR LOGISTICS/TESORO LOGISTICS FINANCE 6.25%.10/15/22
  • 0.5% CDX-CMBX.NA.BBB 3.00%.5/11/63
  • 0.5% ENERGY TRANSFER EQUITY LP 7.5% BDS 15/10/20 USD1000