Compare with AB High Yield ETF
Key stats
Details
Home page
Inception date
May 15, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AllianceBernstein LP
Distributor
Foreside Fund Services LLC
ISIN
US00039J6082
CUSIP
00039J608
FIGI
BBG01G44QGB4
Identifiers
ISIN US00039J6082
HYFI seeks to provide income and maximize total return by investing in high-yield bonds from global corporate issuers. Maturities will range from short to long term, giving the fund a broad time horizon exposure. During the selection process, quantitative and fundamental research are combined with both top-down and bottom-up analyses to achieve the objective of targeting global debt market inefficiencies and taking advantage of them. Although the fund holds a diversified portfolio of global junk bonds, it may tilt toward US fixed income securities. Derivatives may also be utilized (options, futures contracts, forwards, and swaps) to gain desired economic exposure and effectively leverage the fund. HYFI was converted to an ETF with approximately $67 million in assets from the AB High Yield Portfolio, a series of open-ended mutual funds, comprising AB High Yield Portfolio Class A (HIAYZ), AB High Yield Portfolio Class Z (HIZYX), and AB High Yield Portfolio Advisor Class (HIYYX).
Classification
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HYFI trades at 37.24 USD today, its price has risen 0.15% in the past 24 hours. Track more dynamics on HYFI price chart.
HYFI net asset value is 37.08 today — it's risen 0.41% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HYFI assets under management is 332.02 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HYFI price has risen by 0.24% over the last month, and its yearly performance shows a −1.09% decrease. See more dynamics on HYFI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.19% increase in three-month performance and has increased by 5.90% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.19% increase in three-month performance and has increased by 5.90% in a year.
HYFI fund flows account for 102.09 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HYFI invests in bonds. See more details in our Profile section.
HYFI expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HYFI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HYFI technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYFI shows the sell signal. See more of HYFI technicals for a more comprehensive analysis.
Today, HYFI technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HYFI shows the sell signal. See more of HYFI technicals for a more comprehensive analysis.
Yes, HYFI pays dividends to its holders with the dividend yield of 6.66%.
HYFI trades at a premium (0.27%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HYFI shares are issued by AllianceBernstein LP
HYFI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 15, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.