Nasdaq - Delayed Quote USD

AB Short Duration High Yield Port I (ALIHX)

9.09 -0.01 (-0.11%)
At close: December 13 at 8:01 PM EST

Fund Summary

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.

AB Short Duration High Yield Port I

NEW YORK NY 10105
1345 AVENUE OF THE AMERICAS
2129691000

Fund Overview

Category Multisector Bond
Fund Family AllianceBernstein
Net Assets 669.99M
YTD Return 8.81%
Yield 8.05%
Morningstar Rating
Inception Date Dec 07, 2011

Fund Operations

Last Dividend 0.50
Last Cap Gain -10.00
Holdings Turnover 67.00%
Average for Category --

Fees & Expenses

Expense ALIHX Category Average
Annual Report Expense Ratio (net) 1.70% 0.97%
Prospectus Net Expense Ratio 1.70% --
Prospectus Gross Expense Ratio 1.77% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 3.78%
Max Deferred Sales Load -- 1.15%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Will Smith is a Senior Vice President and Director of US High Yield Credit, one of the lead portfolio managers for multi-sector credit strategy. He is also a member of the High Income Portfolio Management Team. Mr. Smith joined AB in 2012 and spent 2014 in London as part of the European High Yield Portfolio Management Team. He started his career with UBS Investment Bank in 2009, working first as an analyst with the Credit Risk team and then later on the Fixed Income sales and trading desk. Mr. Smith holds a BA in economics from Boston College and is a CFA charterholder.

Morningstar Style Box

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Related Tickers