HYFI

AB High Yield ETF

$37.48
+0.00%
Market closed. Last update: 12:28 PM ET

📎 Investment Objective

The AB High Yield ETF seeks to provide high current income by investing primarily in a diversified portfolio of high-yield, below investment-grade fixed income securities.

Overview

ETF tracking AB High Yield ETF

Category High Yield
Issuer Other
Inception Date 2023-05-15
Market Cap $269.9M
Average Volume N/A
Dividend Yield 5.45%
52-Week Range $34.74 - $38.01
VWAP $37.53

Performance

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Investment Summary

📎 Investment Objective

The AB High Yield ETF seeks to provide high current income by investing primarily in a diversified portfolio of high-yield, below investment-grade fixed income securities.

🎯 Investment Strategy

The fund invests in a broad range of high-yield corporate bonds and other debt instruments to generate a high level of current income. The portfolio is actively managed, with the goal of identifying undervalued securities that offer attractive yield potential.

✨ Key Features

  • Focuses on high-yield, below investment-grade fixed income securities
  • Actively managed portfolio to identify undervalued opportunities
  • Seeks to provide high current income as the primary investment objective
  • Diversified exposure to the high-yield bond market

⚠️ Primary Risks

  • High-yield bonds are subject to greater credit and default risk than investment-grade securities
  • Actively managed funds carry the risk that the manager's investment decisions may not produce the desired results
  • Interest rate risk as bond prices generally decline when interest rates rise
  • Liquidity risk as high-yield bonds may be less liquid than investment-grade bonds

👤 Best For

The AB High Yield ETF may be suitable for investors seeking high current income and who are willing to accept the increased risks associated with high-yield, below investment-grade fixed income securities. This fund is generally considered appropriate for investors with a higher risk tolerance and a longer-term investment horizon.