Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.04% -8.32% 943.35M 207120.6
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
8.05% 40.00% -- Upgrade

Basic Info

Investment Strategy
The Funds primary objective is to seek high current income and its secondary objective is to achieve capital appreciation. The Fund is permitted to invest without limit in debt securities, including Sovereign Debt Obligations and corporate debt, denominated in nonU.S. currencies as well as in the U.S. Dollar. In addition, the Fund may invest without limit in emerging and developed markets and in debt securities of U.S. and non-U.S. corporate issuers.
General
Security Type Closed-End Fund
Equity Style Small Cap/Value
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Worldwide Bond
Fund Owner Firm Name AllianceBernstein L.P.
Prospectus Benchmark Index
Bloomberg US Corp HY 2% Isr Cap TR USD 33.00%
JPM EMBI Global TR USD 33.00%
JPM GBI-EM 33.00%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Christian DiClementi 3.01 yrs
Fahd Malik 3.01 yrs
Gershon Distenfeld 3.01 yrs
Matthew Sheridan 3.01 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 18, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
7.77%
-11.36%
23.39%
4.40%
9.96%
-16.61%
18.34%
1.64%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.23%
2.96%
0.39%
5.87%
3.05%
1.22%
-5.50%
10.14%
1.27%
6.48%
-3.27%
14.88%
4.95%
3.99%
-12.20%
12.41%
-0.39%
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--
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-0.46%
-5.63%
4.98%
0.37%
7.81%
-6.50%
27.22%
6.46%
21.62%
-23.02%
11.94%
0.33%
As of April 18, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash -23.12% Upgrade Upgrade
Stock 0.44% Upgrade Upgrade
Bond 119.4% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 2.16% Upgrade Upgrade
Other 1.10% Upgrade Upgrade

Basic Info

Investment Strategy
The Funds primary objective is to seek high current income and its secondary objective is to achieve capital appreciation. The Fund is permitted to invest without limit in debt securities, including Sovereign Debt Obligations and corporate debt, denominated in nonU.S. currencies as well as in the U.S. Dollar. In addition, the Fund may invest without limit in emerging and developed markets and in debt securities of U.S. and non-U.S. corporate issuers.
General
Security Type Closed-End Fund
Equity Style Small Cap/Value
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Worldwide Bond
Fund Owner Firm Name AllianceBernstein L.P.
Prospectus Benchmark Index
Bloomberg US Corp HY 2% Isr Cap TR USD 33.00%
JPM EMBI Global TR USD 33.00%
JPM GBI-EM 33.00%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Christian DiClementi 3.01 yrs
Fahd Malik 3.01 yrs
Gershon Distenfeld 3.01 yrs
Matthew Sheridan 3.01 yrs

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