HIYIX: AB FlexFee™ High Yield I

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

HIYIX AB FlexFee™ High Yield I

  • Fund
  • HIYIX
  • Price as of: N/A
  • N/A N/A N/A
  • Primary Category
  • N/A
  • Fund Company
  • N/A
  • Share Class

HIYIX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return 5.4%
  • 5 Yr Annualized Return 5.7%
  • Net Assets $27.3 M
  • Holdings in Top 10 6.4%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.14%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 65.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,000,000

IRA

N/A

Fund Classification

PRIMARY CATEGORY

N/A
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 5.4%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name AB FlexFeeâ„¢ High Yield Portfolio
  • Fund Family Name N/A
  • Inception Date Jul 26, 2016
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States

Fund Description

At least 80% of the fund's net assets will under normal circumstances be invested in fixed-income securities rated Ba1 or lower by Moody's Investors Service ("Moody's") or BB+ or lower by S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch") (commonly known as "junk bonds"), unrated securities considered by the Adviser to be of comparable quality, and related derivatives. It may invest in fixed-income securities with a range of maturities from short- to long-term. The fund may also invest in equity securities.

HIYIX - Mutual Fund Categories

HIYIX - Performance

Return Ranking - Trailing

Period HIYIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.2% 15.0% N/A
1 Yr 6.1% -15.4% 4.3% N/A
3 Yr 5.4%* -2.3% 5.6% N/A
5 Yr 5.7%* -8.3% 1.7% N/A
10 Yr 8.7%* -5.0% 4.6% N/A

* Annualized


Return Ranking - Calendar

Period HIYIX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -23.1% -0.4% N/A
2017 N/A -9.5% 28.5% N/A
2016 N/A -3.5% 28.6% N/A
2015 N/A -34.3% 1.0% N/A
2014 N/A -23.1% 27.7% N/A

Total Return Ranking - Trailing

Period HIYIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 0.7% 15.0% N/A
1 Yr 6.1% -15.4% 7.0% N/A
3 Yr 5.4%* -2.3% 9.7% N/A
5 Yr 5.7%* -6.9% 5.8% N/A
10 Yr 8.7%* -0.8% 8.7% N/A

* Annualized


Total Return Ranking - Calendar

Period HIYIX Return Category Return Low Category Return High Rank in Category (%)
2018 N/A -23.1% 1.3% N/A
2017 N/A -3.9% 36.8% N/A
2016 N/A -3.5% 39.0% N/A
2015 N/A -28.3% 4.3% N/A
2014 N/A -21.8% 27.7% N/A

NAV & Total Return History

HIYIX - Holdings

Concentration Analysis

HIYIX Category Low Category High HIYIX % Rank
Net Assets 27.3 M 1.02 M 24.4 B N/A
Number of Holdings 788 6 1626 N/A
Net Assets in Top 10 1.82 M -197 K 3.73 B N/A
Weighting of Top 10 6.42% 5.4% 100.1% N/A

Top 10 Holdings

  1. Ab Fixed Income Shares, Inc. - Government Money Market Portfolio - Class Ab 1.01%

  2. Numericable Grp Sa 144A 7.375% 0.67%

  3. Tervita Corp. 0.65%

  4. Cco Hldgs Llc / Cco Hldgs Cap 144A 5% 0.63%

  5. Bombardier 144A 5.75% 0.63%

  6. Hca 6.5% 0.59%

  7. Sprint Nextel 144A 7% 0.58%

  8. Prime Sec Svcs Borrower Llc / 144A 9.25% 0.57%

  9. Chs / Cmnty Health Sys 7.125% 0.55%

  10. Sprint 7.25% 0.54%


Asset Allocation

Weighting Return Low Return High HIYIX % Rank
Bonds
91.05% -17.48% 100.43% N/A
Convertible Bonds
3.36% 0.00% 11.40% N/A
Other
2.57% -1.24% 11.36% N/A
Stocks
2.22% -0.44% 99.99% N/A
Cash
0.55% -4.10% 117.48% N/A
Preferred Stocks
0.26% 0.00% 11.13% N/A

Stock Sector Breakdown

Weighting Return Low Return High HIYIX % Rank
Consumer Cyclical
0.47% -0.14% 15.43% N/A
Energy
0.39% -0.06% 2.74% N/A
Industrials
0.26% 0.00% 14.47% N/A
Basic Materials
0.15% 0.00% 1.36% N/A
Healthcare
0.10% 0.00% 14.67% N/A
Consumer Defense
0.06% -0.09% 4.73% N/A
Communication Services
0.05% -0.04% 2.00% N/A
Technology
0.02% -0.17% 30.52% N/A
Utilities
0.00% -0.04% 1.62% N/A
Real Estate
0.00% -0.03% 2.98% N/A
Financial Services
0.00% -0.03% 16.74% N/A

Stock Geographic Breakdown

Weighting Return Low Return High HIYIX % Rank
US
1.81% -0.43% 50.32% N/A
Non US
0.41% -0.01% 49.67% N/A

Bond Sector Breakdown

Weighting Return Low Return High HIYIX % Rank
Corporate
88.62% 0.00% 100.28% N/A
Government
3.44% -5.69% 66.73% N/A
Securitized
2.25% 0.00% 60.24% N/A
Cash & Equivalents
0.55% -0.40% 117.48% N/A
Municipal
0.36% 0.00% 100.40% N/A
Derivative
0.00% -17.48% 8.43% N/A

Bond Geographic Breakdown

Weighting Return Low Return High HIYIX % Rank
US
73.52% -17.48% 99.77% N/A
Non US
17.53% 0.00% 59.88% N/A

HIYIX - Expenses

Operational Fees

HIYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.14% 0.00% 6.42% N/A
Management Fee 0.55% 0.00% 1.00% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

HIYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

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

Turnover 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.

HIYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 5.00% 1334.00% N/A

HIYIX - Distributions

Dividend Yield Analysis

HIYIX Category Low Category High HIYIX % Rank
Dividend Yield 0.00% 0.00% 4.38% N/A

Dividend Distribution Analysis

HIYIX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

HIYIX Category Low Category High HIYIX % Rank
Net Income Ratio 5.14% -1.92% 7.22% N/A

Capital Gain Distribution Analysis

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

HIYIX - Managers

Tenure Analysis

Category Low

0.1

Category High

21.26

Category Average

6.8

Category Mode

0.1