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
Will Smith
since 01/10/2017
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

1.86 %

1 Year rank in sector

73/85

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
    74.23%
  • Europe
    17.68%
  • Others
    5.09%
  • Global Emerging Markets
    3%
  • Industrials
    78.5%
  • Financials
    12.33%
  • Fixed Interest
    4.3%
  • Utilities
    2.43%
  • Government Bonds
    0.93%
  • North American Fixed Interest
    74.23%
  • European Fixed Interest
    17.68%
  • Global Fixed Interest
    5.09%
  • Global Emerging Market Fixed Interest
    3%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.19 %0.15 %1.86 %5.43 %7.02 %
Sector0.58 %1.55 %4.96 %14.69 %20.49 %
Rank within sector86 / 9977 / 9173 / 8561 / 6647 / 48
Quartile th4 th4 th4 th4 th4 th

Calendar performance

YTD-20182017201620152014
Fund0.34 %1.79 %6.42 %-2.86 %-1.89 %
Sector0.5 %5.21 %11.43 %-2.49 %1.36 %
Rank within sector75 / 9972 / 8358 / 7133 / 6547 / 55
Quartile th4 th4 th4 th3 rd4 th

Risk statistics

Alpha-1.14
Beta0.63
Sharpe-0
Volatility2.85
Tracking error1.74
Information ratio-1.56
R-Squared0.94

Price movement

52 week high15
52 week low14.75
Current bid price0
Current offer price0
Current mid price14.85

Holdings by region

  • 74.23% North America
  • 17.68% Europe
  • 5.09% Others
  • 3% Global Emerging Markets

Holdings by sector

  • 78.5% Industrials
  • 12.33% Financials
  • 4.3% Fixed Interest
  • 2.43% Utilities
  • 0.93% Government Bonds
  • 0.75% Asset/Mortgage-Backed Securities
  • 0.33% Mortgage & Secured Bonds
  • 0.24% Mutual Funds
  • 0.18% Government Agency Bonds
  • 0.01% High Yield Bond

Holdings by asset type

  • 74.23% North American Fixed Interest
  • 17.68% European Fixed Interest
  • 5.09% Global Fixed Interest
  • 3% Global Emerging Market Fixed Interest

Individual holdings

  • 2.73% ITRAXX EUROPE CROSSOVER 5-YR INDEX 5.00%, 12/20/22
  • 1.57% CDX-NAHY 5-YR INDEX 5.00%. 12/20/20
  • 0.6% PEABODY SECURITIES FINANCE CORP 6% BDS 31/03/22 USD2000 144A
  • 0.58% CDX-CMBX.NA.BBB 3.00%. 5/11/63
  • 0.55% NCL 4.75%. 12/15/21
  • 0.54% WR GRACE CONN 5.125%, 10/01/21
  • 0.5% ANDEAVOR LOGISTICS/TESORO LOGISTICS FINANCE 6.25%.10/15/22
  • 0.5% ANTERO RESOURCES CORP 5.125 12/01/2022
  • 0.5% FIRST DATA 5.375%, 8/15/23
  • 0.49% GOODYEAR TIRE & RUBBER 5.125%, 11/15/23