HYFIAB High Yield ETF

Get income9y track recordRanked #530 of 1,624 in this goal

Seeks to maximize total return consistent with prudent investment management.

By AllianceBernstein · Launched 2016

Annual Cost

0.40%

#2,058 of 5,568 · average

Fund Size

$341M

#1,861 of 5,568 · large

Dividend YieldGoal

6.71%

Track Record

9 years

#1,451 of 5,568 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,771+7.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 7.3% of fund✓ well diversified

Alliance Bernstein

1.3%

VENTURE GLOBAL LNG INC

0.9%

TRANSDIGM INC

0.7%

ALCOA NEDERLAND HOLDING

0.7%

JANE STREET GRP/JSG FIN

0.6%

AMERICAN AIRLINES/AADVAN

0.6%

ADVANCE AUTO PARTS

0.6%

WHIRLPOOL CORP

0.6%

ARSENAL AIC PARENT LLC

0.6%

US FOODS INC

0.6%

Asset allocation

Bonds

96.8%

Cash

2.5%

Preferred

0.3%

Stocks

0.2%

Other

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

4.0%Low

Year-on-year price swings

Max drawdown

-6.3%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.97Decent risk-adjusted returns

Sortino (3Y)

1.39Good downside protection

Bond profile

Duration

6.5 years

Avg maturity

9.9 years

Credit ratings

US Government

5.1%

AAA

1.7%

0.5%

0.9%

BBB

13.4%

45.9%

30.3%

Below B

6.1%

Other

1.2%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to maximize total return consistent with prudent investment management.
Strategy: Invests primarily in fixed-income securities rated Ba1 or lower, including junk bonds and related derivatives. The Fund may also invest in equities and utilizes a combination of quantitative and fundamental analysis to exploit market inefficiencies.
Inception date: July 26, 2016
Fund family: AllianceBernstein