Continue to site >
Trending ETFs

Name

As of 01/24/2020

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.14

$461 M

0.00%

-

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$461 M

Holdings in Top 10

13.9%

52 WEEK LOW AND HIGH

$10.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 01/24/2020

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.14

$461 M

0.00%

-

ALHIX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    AB Limited Duration High Income Portfolio
  • Fund Family Name
    ALLIANCEBE
  • Inception Date
    N/A
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal market conditions, the Fund invests at least 80% of its net assets, including any borrowings for investment purposes, in debt securities that are rated below investment grade (commonly known as “junk bonds”), unrated securities considered by the Adviser to be of comparable quality, and related derivatives. Under normal circumstances, the Fund will maintain a dollar-weighted average duration of less than four years, although it may invest in individual fixed-income securities with durations in excess of four years.
The Fund may also invest in investment grade fixed-income securities, high-yield securities of governments and government-related issuers, loan participations and assignments and, to a lesser extent, equity securities, and derivatives related to these instruments. The Fund will not invest more than 10% of its net assets in securities rated at or below Caa1 by Moody’s Investors Service (“Moody’s”), CCC+ by S&P Global Ratings (“S&P”) or CCC by Fitch Ratings (“Fitch”), or the equivalent by any nationally recognized statistical rating organization (“NRSRO”), at the time of purchase. (For the purpose of this 10% limit, the Fund will rely on the highest rating from any NRSRO, and the notional amount of derivatives related to these instruments will be counted.)
The Fund invests on a global basis, including securities of issuers in both developed and emerging market countries. The Fund may invest in securities denominated in foreign currencies, although it expects to use hedging instruments frequently to attempt to limit the currency exposure resulting from such investments.
In selecting securities for purchase or sale by the Fund, the Adviser attempts to take advantage of inefficiencies that it believes exist in the global fixed-income markets. These inefficiencies arise from investor behavior, market complexity, and the investment limitations to which investors are subject. The Adviser combines its quantitative forecasts with fundamental economic and credit research in seeking to exploit these inefficiencies.
The Adviser employs strategies to manage the Fund’s volatility relative to the global high-yield market. Such strategies may include shortening the duration of the Fund, adding higher rated investments, investing in various fixed-income sectors with relatively low correlation among them, and using hedging strategies that seek to provide protection from substantial market downturns. The Adviser utilizes different combinations of the above strategies at different points in time, taking into consideration, among other factors, the shape of the credit curve, the relative effect on yield associated with changes in credit quality, and the cost of hedging strategies.
The Fund expects to use derivatives, such as options, futures contracts, forwards and swaps, to a significant extent, subject to the limits of applicable law. Derivatives may provide more efficient and economical exposure to market segments than direct investments, and may also be a quicker and more efficient way to alter the Fund’s exposure. For example, the Fund may use credit default and interest rate swaps to gain exposure to the fixed-income markets. In determining when and to what extent to enter into derivative transactions, the Adviser considers factors such as the risks and returns of these investments relative to direct investments and the costs of such transactions. Derivatives such as options and forwards may also be used for hedging purposes, including to hedge against interest rate, credit market and currency fluctuations.
Read More

ALHIX - Performance

Return Ranking - Trailing

Period ALHIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -64.9% 866.0% 34.34%
1 Yr N/A -70.4% 906.3% 65.76%
3 Yr N/A* -33.6% 50.0% 53.47%
5 Yr N/A* -36.3% 41.2% 67.70%
10 Yr N/A* -14.8% 33.0% 69.11%

* Annualized

Return Ranking - Calendar

Period ALHIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -58.1% 80.6% 90.63%
2022 N/A -93.5% 23.6% 16.33%
2021 N/A -55.3% 69.8% 78.69%
2020 -7.6% -34.8% 68.2% 78.16%
2019 -2.3% -40.3% 22.5% 21.83%

Total Return Ranking - Trailing

Period ALHIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -64.9% 866.0% 34.34%
1 Yr N/A -70.4% 906.3% 65.76%
3 Yr N/A* -33.6% 122.8% 67.18%
5 Yr N/A* -36.3% 66.5% 76.32%
10 Yr N/A* -14.8% 33.0% 84.96%

* Annualized

Total Return Ranking - Calendar

Period ALHIX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -58.1% 80.6% 90.79%
2022 N/A -53.1% 23.6% 20.22%
2021 N/A -55.3% 69.8% 85.25%
2020 -7.6% -34.8% 70.7% 84.14%
2019 2.6% -38.0% 30.8% 34.52%

NAV & Total Return History


ALHIX - Holdings

Concentration Analysis

ALHIX Category Low Category High ALHIX % Rank
Net Assets 461 M 92.3 K 15.3 B 66.46%
Number of Holdings 782 1 1315 15.90%
Net Assets in Top 10 48.2 M -82 M 4.21 B 90.90%
Weighting of Top 10 13.92% 3.7% 100.0% 96.34%

Top 10 Holdings

  1. United States Treasury 3.50%
  2. United States Treasury 2.34%
  3. UMBS, TBA 1.58%
  4. United States Treasury 1.46%
  5. United States Treasury 1.36%
  6. United States Treasury 1.30%
  7. United States Treasury 0.94%
  8. SANTANDER UK GROUP HLDGS 0.49%
  9. Marathon Petroleum Corp 0.48%
  10. United States Treasury 0.47%

Asset Allocation

Weighting Return Low Return High ALHIX % Rank
Bonds
98.56% -332.80% 45.33% 84.72%
Cash
2.17% -0.17% 1041.68% 10.34%
Stocks
0.17% -169.40% 100.14% 88.27%
Preferred Stocks
0.02% 0.00% 18.93% 83.80%
Convertible Bonds
0.00% 0.00% 10.56% 86.42%
Other
-0.15% -895.56% 38.46% 85.34%

Stock Sector Breakdown

Weighting Return Low Return High ALHIX % Rank
Utilities
0.00% 0.00% 99.08% 34.42%
Technology
0.00% 0.00% 99.85% 53.41%
Real Estate
0.00% 0.00% 100.00% 40.42%
Industrials
0.00% 0.00% 70.69% 16.72%
Healthcare
0.00% 0.00% 100.00% 64.12%
Financial Services
0.00% 0.00% 100.00% 11.36%
Energy
0.00% 0.00% 100.00% 49.84%
Communication Services
0.00% 0.00% 100.00% 59.25%
Consumer Defense
0.00% 0.00% 69.13% 70.94%
Consumer Cyclical
0.00% 0.00% 59.77% 46.59%
Basic Materials
0.00% 0.00% 72.60% 32.63%

Stock Geographic Breakdown

Weighting Return Low Return High ALHIX % Rank
US
0.17% -162.68% 79.97% 98.46%
Non US
0.00% -48.75% 65.94% 64.20%

Bond Sector Breakdown

Weighting Return Low Return High ALHIX % Rank
Cash & Equivalents
2.17% 0.00% 100.00% 37.50%
Securitized
0.00% 0.00% 43.57% 82.10%
Corporate
0.00% 0.00% 100.00% 89.35%
Municipal
0.00% 0.00% 14.84% 81.64%
Government
0.00% 0.00% 86.84% 84.26%
Derivative
-0.29% -0.02% 78.92% 84.10%

Bond Geographic Breakdown

Weighting Return Low Return High ALHIX % Rank
US
85.08% -48.89% 34.30% 85.80%
Non US
13.49% -345.85% 11.03% 83.02%

ALHIX - Expenses

Operational Fees

ALHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.08% 45.48% 18.61%
Management Fee N/A 0.00% 2.94% 89.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 1.47% N/A

Sales Fees

ALHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

ALHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ALHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% 93.46%

ALHIX - Distributions

Dividend Yield Analysis

ALHIX Category Low Category High ALHIX % Rank
Dividend Yield 0.00% 0.00% 11.31% 82.28%

Dividend Distribution Analysis

ALHIX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Annually Annually

Net Income Ratio Analysis

ALHIX Category Low Category High ALHIX % Rank
Net Income Ratio N/A -4.31% 6.50% 43.94%

Capital Gain Distribution Analysis

ALHIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

ALHIX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 41.69 7.03 2.67