Key stats
About AB High Yield ETF
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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
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Stocks0.00%
Utilities0.00%
Bonds, Cash & Other100.00%
Corporate92.10%
Miscellaneous3.46%
Cash2.26%
Loans2.17%
Stock breakdown by region
North America84.68%
Europe13.11%
Asia1.54%
Oceania0.40%
Middle East0.26%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HYFI last dividends amounted to 0.20 USD. The month before, the issuer paid 0.19 USD in dividends, which shows a 2.72% increase.
HYFI assets under management is 271.87 M USD. It's risen 8.65% over the last month.
HYFI fund flows account for 114.15 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.
Yes, HYFI pays dividends to its holders with the dividend yield of 6.47%. The last dividend (Sep 5, 2025) amounted to 0.20 USD. The dividends are paid monthly.
HYFI shares are issued by Equitable Holdings, Inc. under the brand AB Funds. The ETF was launched on May 15, 2023, and its management style is Active.
HYFI expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
HYFI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HYFI invests in bonds.
HYFI price has risen by 0.38% over the last month, and its yearly performance shows a 0.68% increase. See more dynamics on HYFI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.00% over the last month, showed a 2.97% increase in three-month performance and has increased by 8.04% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.00% over the last month, showed a 2.97% increase in three-month performance and has increased by 8.04% in a year.
HYFI trades at a premium (0.14%) meaning the ETF is trading at a higher price than the calculated NAV.