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AB High Income B (AGDBX) Fund Ranking and Research

Ranking, Research and Recommendation of AB High Income B (AGDBX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of AB High Income B Fund (AGDBX) ManagerFund Manager - Gershon M. Distenfeld

Fund Manager Information

Fund Manager Tenure: 11.1 years
Similar Funds: AGDAX  AGDCX  AGDIX  AGDKX  AGDRX  AGDYX 
Fund Family: AllianceBernstein
Fund Category: Multisector Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.69)     (What does this score mean?)

 

Graph of AB High Income B Fund (AGDBX) ProfileAB High Income B Fund (AGDBX) Profile

Fund Profile and Description

AB High Income B Fund seeks to maximize total returns from price appreciation and income. AB High Income B Fund invests in a broad range of fixed-income securities in both developed and emerging market countries. Its investments may include U.S. and non-U.S. corporate debt securities and sovereign debt securities. AB High Income B Fund may invest in debt securities with a range of maturities from short- to long-term. It may also make short sales of securities or maintain a short position. AB High Income B Fund is non-diversified.

 

AB High Income B (AGDBX) Fund Strength What we like about AB High Income B (AGDBX) Fund

Data for AB High Income B Fund (AGDBX) as of May 30, 2016

  • AB High Income B Fund (AGDBX) management has been with AB High Income B Fund for 11.1 years
  • AB High Income B Fund (AGDBX) has good Long-term performance (5-year return 4.53% vs 3.57% Multisector Bond category median performance)
  • AB High Income B Fund (AGDBX) ratio of up-years vs down years is greater than 2
  • AB High Income B Fund (AGDBX) has a Morningstar rating of 4 and above
  • Asset base in AB High Income B Fund (AGDBX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • AB High Income B Fund (AGDBX) has an annual stock turnover rate of 53.00% vs Multisector Bond average of 85.79%. It is good that AB High Income B management does not trade extensively for its return.

AB High Income B Fund (AGDBX) Weakness What we are cautious about AB High Income B (AGDBX) Fund

Data for AB High Income B Fund (AGDBX) as of May 30, 2016

  • AB High Income B Fund (AGDBX) has a less-than-ideal short-term performance (1-year return -1.05% vs -0.06% Multisector Bond category median performance)
  • AB High Income B Fund (AGDBX) has a less-than-ideal mid-term performance (3-year return 1.61% vs 1.94% Multisector Bond category median performance)
  • AB High Income B Fund (AGDBX) is less safe compared to its Multisector Bond peers
  • AB High Income B Fund (AGDBX) does not have a good risk adjusted return as its 3-year Alpha of -0.54 is worse than category average of -0.22, and its 3-year Sharpe ratio is 0.3
  • AB High Income B Fund (AGDBX) is more volatile than its peers as it has a 3-year Standard Deviation of 5.66 that is higher than category average of 4.44
  • AB High Income B Fund (AGDBX) has a higher expense ratio of 1.61% than its Multisector Bond average of 1.02%
  • AB High Income B Fund (AGDBX) carries a 3% load
See AB High Income B Fund (AGDBX) performance details as of May 30, 2016

 

What do you think?

 

Compare AB High Income B Fund (AGDBX)Compare with other top Multisector Bond category mutual funds

Aadditional top Multisector Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
AB High Income B6.53-1.051.614.53
PIMCO Income Instl (PIMIX)3.692.744.497.80Compare
JHancock Income I (JSTIX)2.902.142.483.77Compare
Performance Trust Strategic Bond (PTIAX)2.714.834.246.37Compare

See top fund managers for Multisector Bond Category Funds

 

Graph of AB High Income B Fund (AGDBX) Net Asset TrackingAB High Income B (AGDBX) Fund Net Asset

Track net asset change of AB High Income B fund (AGDBX)

DateNet Asset
05/2016$6.82B
03/2016$6.21B
02/2016$5.55B
More historic net asset information on AB High Income B Fund (AGDBX)

  

Graph of AB High Income B Fund (AGDBX) Portfolio TrackingAB High Income B (AGDBX) Fund Portfolio Allocation

Track portfolio allocation change of AB High Income B fund (AGDBX)

DateCashStockBondOther
04/201614.18%0.22%78.28%4.15%
02/201611.53%0.27%79.88%4.22%
12/20153.38%0.22%87.31%4.27%
Click here to see more historic asset allocation information on AB High Income B Fund (AGDBX)

 

graph of AB High Income B Fund (AGDBX) Top 10 Position TrackingTop 10 Holdings in AB High Income B (AGDBX) Fund

Discover what AB High Income B Fund (AGDBX) manager is buying

Apr 29, 2016
US Treasury Bond 6.125% [1.69%]
Turkey(Rep Of) 8.3% [0.94%]
Mexico(Utd Mex St) 6.5% [0.92%]
Ivory Coast Republic 2.5% [0.52%]
Foederative Republik Brasilien, Bras 10% [0.51%]
Russian Federation 6.8% [0.49%]
Brazil Federative Rep 10% [0.46%]
Mt. Logan Re Ltd. (Preference Shares) [0.45%]
Brazil Federative Rep 6% [0.45%]
Mt Logan Re Pfd [0.38%]

Feb 28, 2016
US Treasury Bond 6.125% [2.03%]
Ivory Coast Republic 2.5% [0.6%]
Mt. Logan Re Ltd. (Preference Shares) [0.53%]
Mt Logan Re Pfd [0.48%]
FNMA CMO [0.41%]
iShares iBoxx $ High Yield Corporate Bd [0.41%]
Brazil Federative Rep 10% [0.4%]
Brazil Federative Rep 6% [0.39%]
Societe Generale Ny 144A FRN [0.36%]
Columbus Intl Inc 144 144A 7.375% [0.35%]

Dec 30, 2015
US Treasury Bond 6.125% [1.98%]
Brazil(Fed Rep Of) 10% [0.74%]
Ivory Coast Republic 2.5% [0.61%]
Mt. Logan Re Ltd. (Preference Shares) [0.58%]
Mt Logan Re Pfd [0.49%]
FNMA CMO [0.43%]
Societe Generale Ny 144A FRN [0.41%]
Brazil Federative Rep 10% [0.4%]
Brazil Federative Rep 6% [0.39%]
Credit Suisse Intl 144A FRN [0.37%]
Click here for Stock Holding Change Map in AB High Income B Fund (AGDBX)

  

Latest News on AB High Income B (AGDBX) Fund

See what is happening with AB High Income B Fund (AGDBX)

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AB High Income B Fund (AGDBX) Related ResourcesSee more information on AB High Income B (AGDBX) Fund

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