abrdn High Income Opportunities Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.6%
1 yr return
9.5%
3 Yr Avg Return
0.5%
5 Yr Avg Return
3.1%
Net Assets
$84.3 M
Holdings in Top 10
12.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.07%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 98.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JHYIX - Profile
Distributions
- YTD Total Return 1.6%
- 3 Yr Annualized Total Return 0.5%
- 5 Yr Annualized Total Return 3.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.65%
- Dividend Yield 7.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal Nameabrdn High Income Opportunities Fund
-
Fund Family Nameabrdnfunds
-
Inception DateJan 30, 2003
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBen Pakenham
Fund Description
JHYIX - Performance
Return Ranking - Trailing
Period | JHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -7.4% | 6.5% | 33.91% |
1 Yr | 9.5% | -8.2% | 18.0% | 34.49% |
3 Yr | 0.5%* | -16.7% | 20.2% | 73.07% |
5 Yr | 3.1%* | -12.2% | 36.5% | 49.74% |
10 Yr | 2.5%* | -5.0% | 19.4% | 78.84% |
* Annualized
Return Ranking - Calendar
Period | JHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.4% | -4.7% | 14.3% | 45.35% |
2022 | -19.2% | -33.4% | 3.6% | 91.26% |
2021 | -2.1% | -8.4% | 14.9% | 90.40% |
2020 | 0.1% | -13.9% | 302.7% | 46.59% |
2019 | 7.7% | -4.4% | 13.3% | 54.64% |
Total Return Ranking - Trailing
Period | JHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.6% | -7.4% | 6.5% | 33.91% |
1 Yr | 9.5% | -8.2% | 18.0% | 34.49% |
3 Yr | 0.5%* | -16.7% | 20.2% | 73.07% |
5 Yr | 3.1%* | -12.2% | 36.5% | 49.74% |
10 Yr | 2.5%* | -5.0% | 19.4% | 78.84% |
* Annualized
Total Return Ranking - Calendar
Period | JHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.1% | -4.7% | 18.2% | 52.60% |
2022 | -12.4% | -33.4% | 47.8% | 82.83% |
2021 | 3.7% | -8.4% | 24.8% | 79.14% |
2020 | 5.6% | -9.6% | 325.6% | 47.78% |
2019 | 14.7% | 0.9% | 21.5% | 31.35% |
NAV & Total Return History
JHYIX - Holdings
Concentration Analysis
JHYIX | Category Low | Category High | JHYIX % Rank | |
---|---|---|---|---|
Net Assets | 84.3 M | 1.45 M | 23.6 B | 85.85% |
Number of Holdings | 218 | 2 | 2736 | 72.97% |
Net Assets in Top 10 | 10.9 M | -492 M | 4.55 B | 86.56% |
Weighting of Top 10 | 12.81% | 4.2% | 146.9% | 55.00% |
Top 10 Holdings
- State Street Institutional US Government Money Market Fund 2.39%
- CCO Holdings LLC / CCO Holdings Capital Corp 1.70%
- Rogers Communications Inc 1.27%
- Teva Pharmaceutical Finance Netherlands II BV 1.25%
- SunCoke Energy Inc 1.22%
- Enerflex Ltd 1.02%
- Tempur Sealy International Inc 1.01%
- Venture Global LNG Inc 1.00%
- CCM Merger Inc 0.98%
- Organon Co / Organon Foreign Debt Co-Issuer BV 0.97%
Asset Allocation
Weighting | Return Low | Return High | JHYIX % Rank | |
---|---|---|---|---|
Bonds | 95.66% | -3.13% | 154.38% | 39.04% |
Cash | 3.39% | -52.00% | 48.07% | 53.44% |
Convertible Bonds | 2.56% | 0.00% | 17.89% | 14.38% |
Stocks | 0.68% | 0.00% | 99.54% | 40.12% |
Other | 0.27% | -63.70% | 102.57% | 26.09% |
Preferred Stocks | 0.00% | 0.00% | 7.88% | 81.25% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JHYIX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 84.96% |
Technology | 0.00% | 0.00% | 33.17% | 84.96% |
Real Estate | 0.00% | 0.00% | 86.71% | 83.51% |
Industrials | 0.00% | 0.00% | 93.12% | 87.50% |
Healthcare | 0.00% | 0.00% | 22.17% | 86.05% |
Financial Services | 0.00% | 0.00% | 100.00% | 86.23% |
Energy | 0.00% | 0.00% | 100.00% | 12.68% |
Communication Services | 0.00% | 0.00% | 99.99% | 90.58% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 82.61% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 86.78% |
Basic Materials | 0.00% | 0.00% | 100.00% | 87.68% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JHYIX % Rank | |
---|---|---|---|---|
US | 0.68% | 0.00% | 99.54% | 39.84% |
Non US | 0.00% | -0.01% | 0.83% | 74.22% |
Bond Sector Breakdown
Weighting | Return Low | Return High | JHYIX % Rank | |
---|---|---|---|---|
Corporate | 98.20% | 0.00% | 129.69% | 14.24% |
Cash & Equivalents | 2.39% | 0.00% | 48.07% | 56.25% |
Government | 1.71% | 0.00% | 99.07% | 13.77% |
Derivative | 0.27% | -15.04% | 42.26% | 12.34% |
Securitized | 0.00% | 0.00% | 97.24% | 84.35% |
Municipal | 0.00% | 0.00% | 4.66% | 70.89% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | JHYIX % Rank | |
---|---|---|---|---|
US | 69.82% | -3.13% | 129.21% | 91.09% |
Non US | 25.84% | 0.00% | 98.19% | 3.44% |
JHYIX - Expenses
Operational Fees
JHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.07% | 0.02% | 38.33% | 44.15% |
Management Fee | 0.55% | 0.00% | 1.84% | 49.53% |
12b-1 Fee | N/A | 0.00% | 1.00% | 14.05% |
Administrative Fee | N/A | 0.00% | 0.50% | 6.03% |
Sales Fees
JHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
JHYIX 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.
JHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 98.00% | 1.00% | 255.00% | 87.07% |
JHYIX - Distributions
Dividend Yield Analysis
JHYIX | Category Low | Category High | JHYIX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.78% | 0.00% | 11.76% | 18.94% |
Dividend Distribution Analysis
JHYIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
JHYIX | Category Low | Category High | JHYIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.65% | -2.39% | 14.30% | 36.41% |
Capital Gain Distribution Analysis
JHYIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 29, 2024 | $0.042 | OrdinaryDividend |
Mar 25, 2024 | $0.044 | OrdinaryDividend |
Feb 26, 2024 | $0.043 | OrdinaryDividend |
Jan 29, 2024 | $0.042 | OrdinaryDividend |
Dec 29, 2023 | $0.038 | OrdinaryDividend |
Nov 27, 2023 | $0.040 | OrdinaryDividend |
Oct 30, 2023 | $0.047 | OrdinaryDividend |
Sep 25, 2023 | $0.033 | OrdinaryDividend |
Aug 28, 2023 | $0.030 | OrdinaryDividend |
Jul 31, 2023 | $0.030 | OrdinaryDividend |
Jun 26, 2023 | $0.028 | OrdinaryDividend |
May 30, 2023 | $0.032 | OrdinaryDividend |
Apr 28, 2023 | $0.035 | OrdinaryDividend |
Mar 27, 2023 | $0.034 | OrdinaryDividend |
Feb 27, 2023 | $0.032 | OrdinaryDividend |
Jan 30, 2023 | $0.029 | OrdinaryDividend |
Dec 30, 2022 | $0.198 | OrdinaryDividend |
Nov 30, 2022 | $0.033 | OrdinaryDividend |
Oct 31, 2022 | $0.029 | OrdinaryDividend |
Sep 30, 2022 | $0.030 | OrdinaryDividend |
Aug 31, 2022 | $0.033 | OrdinaryDividend |
Jul 29, 2022 | $0.032 | OrdinaryDividend |
Jun 30, 2022 | $0.034 | OrdinaryDividend |
Jun 01, 2022 | $0.029 | OrdinaryDividend |
Apr 29, 2022 | $0.036 | OrdinaryDividend |
Mar 31, 2022 | $0.033 | OrdinaryDividend |
Feb 28, 2022 | $0.037 | OrdinaryDividend |
Jan 31, 2022 | $0.036 | OrdinaryDividend |
Dec 31, 2021 | $0.072 | OrdinaryDividend |
Nov 30, 2021 | $0.039 | OrdinaryDividend |
Oct 29, 2021 | $0.040 | OrdinaryDividend |
Sep 30, 2021 | $0.039 | OrdinaryDividend |
Aug 31, 2021 | $0.040 | OrdinaryDividend |
Jul 30, 2021 | $0.037 | OrdinaryDividend |
Jun 30, 2021 | $0.033 | OrdinaryDividend |
Jun 01, 2021 | $0.033 | OrdinaryDividend |
Apr 30, 2021 | $0.033 | OrdinaryDividend |
Mar 31, 2021 | $0.034 | OrdinaryDividend |
Feb 26, 2021 | $0.034 | OrdinaryDividend |
Jan 29, 2021 | $0.033 | OrdinaryDividend |
Dec 31, 2020 | $0.043 | OrdinaryDividend |
Nov 30, 2020 | $0.033 | OrdinaryDividend |
Oct 30, 2020 | $0.033 | OrdinaryDividend |
Sep 30, 2020 | $0.033 | OrdinaryDividend |
Aug 31, 2020 | $0.033 | OrdinaryDividend |
Jul 31, 2020 | $0.038 | OrdinaryDividend |
Jun 30, 2020 | $0.041 | OrdinaryDividend |
May 28, 2020 | $0.033 | OrdinaryDividend |
Apr 29, 2020 | $0.031 | OrdinaryDividend |
Mar 31, 2020 | $0.031 | OrdinaryDividend |
Feb 28, 2020 | $0.031 | OrdinaryDividend |
Jan 31, 2020 | $0.034 | OrdinaryDividend |
Dec 31, 2019 | $0.034 | OrdinaryDividend |
Nov 29, 2019 | $0.034 | OrdinaryDividend |
Oct 31, 2019 | $0.034 | OrdinaryDividend |
Sep 30, 2019 | $0.034 | OrdinaryDividend |
Aug 30, 2019 | $0.034 | OrdinaryDividend |
Jul 31, 2019 | $0.035 | OrdinaryDividend |
Jun 28, 2019 | $0.037 | OrdinaryDividend |
May 31, 2019 | $0.042 | OrdinaryDividend |
Apr 30, 2019 | $0.046 | OrdinaryDividend |
Mar 29, 2019 | $0.051 | OrdinaryDividend |
Feb 28, 2019 | $0.056 | OrdinaryDividend |
Jan 31, 2019 | $0.063 | OrdinaryDividend |
Dec 31, 2018 | $0.062 | OrdinaryDividend |
Nov 30, 2018 | $0.055 | OrdinaryDividend |
Oct 31, 2018 | $0.046 | OrdinaryDividend |
Sep 28, 2018 | $0.044 | OrdinaryDividend |
Aug 31, 2018 | $0.044 | OrdinaryDividend |
Jul 31, 2018 | $0.044 | OrdinaryDividend |
Jun 29, 2018 | $0.042 | OrdinaryDividend |
May 31, 2018 | $0.034 | OrdinaryDividend |
Apr 30, 2018 | $0.032 | OrdinaryDividend |
Apr 02, 2018 | $0.025 | OrdinaryDividend |
Feb 28, 2018 | $0.024 | OrdinaryDividend |
Jan 31, 2018 | $0.024 | OrdinaryDividend |
Dec 29, 2017 | $0.025 | OrdinaryDividend |
Nov 30, 2017 | $0.024 | OrdinaryDividend |
Oct 31, 2017 | $0.023 | OrdinaryDividend |
Sep 29, 2017 | $0.024 | OrdinaryDividend |
Aug 31, 2017 | $0.025 | OrdinaryDividend |
Jul 31, 2017 | $0.026 | OrdinaryDividend |
Jun 30, 2017 | $0.026 | OrdinaryDividend |
May 31, 2017 | $0.032 | OrdinaryDividend |
Apr 28, 2017 | $0.037 | OrdinaryDividend |
Mar 31, 2017 | $0.038 | OrdinaryDividend |
Feb 28, 2017 | $0.037 | OrdinaryDividend |
Jan 31, 2017 | $0.036 | OrdinaryDividend |
Dec 30, 2016 | $0.034 | OrdinaryDividend |
Nov 30, 2016 | $0.032 | OrdinaryDividend |
Oct 31, 2016 | $0.028 | OrdinaryDividend |
Sep 30, 2016 | $0.029 | OrdinaryDividend |
Aug 31, 2016 | $0.027 | OrdinaryDividend |
Jul 29, 2016 | $0.027 | OrdinaryDividend |
Jun 30, 2016 | $0.026 | OrdinaryDividend |
May 31, 2016 | $0.027 | OrdinaryDividend |
Apr 29, 2016 | $0.026 | OrdinaryDividend |
Mar 31, 2016 | $0.026 | OrdinaryDividend |
Feb 29, 2016 | $0.026 | OrdinaryDividend |
Jan 29, 2016 | $0.026 | OrdinaryDividend |
Dec 30, 2015 | $0.028 | OrdinaryDividend |
Nov 25, 2015 | $0.050 | OrdinaryDividend |
Oct 30, 2015 | $0.039 | OrdinaryDividend |
Sep 30, 2015 | $0.040 | OrdinaryDividend |
Aug 31, 2015 | $0.040 | OrdinaryDividend |
Jul 31, 2015 | $0.041 | OrdinaryDividend |
Jun 30, 2015 | $0.042 | OrdinaryDividend |
May 29, 2015 | $0.044 | OrdinaryDividend |
Apr 30, 2015 | $0.044 | OrdinaryDividend |
Mar 31, 2015 | $0.048 | OrdinaryDividend |
Feb 27, 2015 | $0.053 | OrdinaryDividend |
Jan 30, 2015 | $0.057 | OrdinaryDividend |
Dec 31, 2014 | $0.069 | OrdinaryDividend |
Nov 26, 2014 | $0.039 | OrdinaryDividend |
Oct 31, 2014 | $0.051 | OrdinaryDividend |
Sep 30, 2014 | $0.055 | OrdinaryDividend |
Aug 29, 2014 | $0.041 | OrdinaryDividend |
Jul 31, 2014 | $0.065 | OrdinaryDividend |
Jun 30, 2014 | $0.059 | OrdinaryDividend |
May 30, 2014 | $0.046 | OrdinaryDividend |
Apr 30, 2014 | $0.044 | OrdinaryDividend |
Mar 31, 2014 | $0.055 | OrdinaryDividend |
Feb 28, 2014 | $0.049 | OrdinaryDividend |
Jan 31, 2014 | $0.045 | OrdinaryDividend |
Jan 02, 2014 | $0.055 | OrdinaryDividend |
Nov 27, 2013 | $0.054 | OrdinaryDividend |
Oct 31, 2013 | $0.057 | OrdinaryDividend |
Sep 30, 2013 | $0.050 | OrdinaryDividend |
Aug 30, 2013 | $0.058 | OrdinaryDividend |
Jul 31, 2013 | $0.059 | OrdinaryDividend |
Jun 27, 2013 | $0.056 | OrdinaryDividend |
May 31, 2013 | $0.067 | OrdinaryDividend |
Apr 30, 2013 | $0.060 | OrdinaryDividend |
Mar 28, 2013 | $0.059 | OrdinaryDividend |
Feb 28, 2013 | $0.064 | OrdinaryDividend |
Jan 31, 2013 | $0.058 | OrdinaryDividend |
Dec 28, 2012 | $0.062 | OrdinaryDividend |
Nov 30, 2012 | $0.071 | OrdinaryDividend |
Nov 01, 2012 | $0.062 | OrdinaryDividend |
Sep 28, 2012 | $0.051 | OrdinaryDividend |
Aug 31, 2012 | $0.064 | OrdinaryDividend |
Jul 31, 2012 | $0.063 | OrdinaryDividend |
Jun 29, 2012 | $0.057 | OrdinaryDividend |
May 31, 2012 | $0.068 | OrdinaryDividend |
Apr 30, 2012 | $0.064 | OrdinaryDividend |
Mar 30, 2012 | $0.056 | OrdinaryDividend |
Feb 29, 2012 | $0.058 | OrdinaryDividend |
Jan 31, 2012 | $0.051 | OrdinaryDividend |
Nov 30, 2011 | $0.063 | OrdinaryDividend |
Oct 31, 2011 | $0.052 | OrdinaryDividend |
Sep 30, 2011 | $0.054 | OrdinaryDividend |
Aug 31, 2011 | $0.064 | OrdinaryDividend |
Jul 29, 2011 | $0.053 | OrdinaryDividend |
Jun 30, 2011 | $0.058 | OrdinaryDividend |
May 31, 2011 | $0.062 | OrdinaryDividend |
Apr 29, 2011 | $0.057 | OrdinaryDividend |
Mar 31, 2011 | $0.073 | OrdinaryDividend |
Feb 28, 2011 | $0.053 | OrdinaryDividend |
Jan 31, 2011 | $0.057 | OrdinaryDividend |
Nov 30, 2010 | $0.064 | OrdinaryDividend |
Oct 29, 2010 | $0.064 | OrdinaryDividend |
Sep 30, 2010 | $0.069 | OrdinaryDividend |
Aug 31, 2010 | $0.070 | OrdinaryDividend |
Jul 30, 2010 | $0.068 | OrdinaryDividend |
Jun 30, 2010 | $0.081 | OrdinaryDividend |
May 28, 2010 | $0.062 | OrdinaryDividend |
Apr 30, 2010 | $0.063 | OrdinaryDividend |
Mar 31, 2010 | $0.068 | OrdinaryDividend |
Feb 26, 2010 | $0.059 | OrdinaryDividend |
Jan 29, 2010 | $0.055 | OrdinaryDividend |
Dec 30, 2009 | $0.077 | OrdinaryDividend |
Nov 30, 2009 | $0.057 | OrdinaryDividend |
Oct 30, 2009 | $0.059 | OrdinaryDividend |
Sep 30, 2009 | $0.055 | OrdinaryDividend |
Aug 31, 2009 | $0.050 | OrdinaryDividend |
Jul 31, 2009 | $0.058 | OrdinaryDividend |
Jun 30, 2009 | $0.045 | OrdinaryDividend |
May 29, 2009 | $0.061 | OrdinaryDividend |
Apr 30, 2009 | $0.062 | OrdinaryDividend |
Mar 31, 2009 | $0.055 | OrdinaryDividend |
JHYIX - Fund Manager Analysis
Managers
Ben Pakenham
Start Date
Tenure
Tenure Rank
Jul 01, 2016
5.92
5.9%
Ben has more than 13 years' experience in high yield and has been part of the investment team since 2011.
Matthew Kence
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
Matthew Kence is an Investment Director at abrdn. He is also responsible for covering US high yield Energy companies. Matt joined the company in 2010 from Gannet Welsh & Kotler where he was a Vice President, Credit. Previously, Matt also worked for MFS Investment Management as a high yield analyst. Matt graduated with a BS Mechanical Engineering from Ohio University and received his MBA from the Haas School of Business at the University of California, Berkeley.
George Westervelt
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
George Westervelt is Head of U.S. High Yield Research and is one of the Portfolio Managers on the team that manages the Global High Yield strategies. He joined abrdn in 2009 as a Credit Analyst and joined the portfolio management group in 2011. Additionally, George has research coverage responsibilities for the High Yield Electric sector. Prior to joining ASI, George worked at MFS Investment Management in Boston and Citigroup in New York. He earned a BA in English from the University of Vermont and is a CFA Charterholder.
Erlend Lochen
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
Erlend Lochen is Head of North American Fixed Income and Global High Yield at abrdn. Erlend joined the company in 2001 as a Credit Analyst. In 2004, he became the joint fund manager of the Higher Income Fund (Pan European high yield). Erlend relocated to Boston in 2009 and was appointed head of US credit and Global High Yield. Prior to Standard Life Investments, Erlend worked with a number of companies, including Skandinaviska Enskilda Banken, Barclays Capital and Merrill Lynch. Erlend earned an MSc in industrial Engineering from the Norwegian Institute of Technology.
Arthur Milson
Start Date
Tenure
Tenure Rank
Dec 31, 2019
2.42
2.4%
Arthur is an Investment Director within the Credit team at Aberdeen Standard Investments. In addition to being one of the Portfolio Managers on the Global High Yield strategy, he also manages European High Yield and Multi Asset Credit portfolios. Prior to joining the company, Arthur was at HBOS where he worked in leveraged finance, providing debt and equity funding to Management Buyout transactions. His sector responsibilities include Packaging and Environmental companies within European High Yield. Arthur is a member of the Association of Chartered Accountants (ACA) and holds a Postgraduate Diploma Commerce, Wollongong Australia and BSc Hons Immunology, University of Edinburgh.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.13 | 37.79 | 7.16 | 8.17 |