Skip to Content

AB High Income I AGDIX

Analyst rating as of
NAV / 1-Day Return
7.75  /  0.21 %
Total Assets
4.2 Bil
Adj. Expense Ratio
0.580%
Expense Ratio
0.580%
Fee Level
Low
Longest Manager Tenure
16.25 years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
2,000,000
Status
Open
TTM Yield
6.23%
Effective Duration
3.92 years
Premium

Morningstar’s Analysis

Will AGDIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Comanager Addition on AB High Income; Ratings Unchanged

Analyst Note

| |

On Jan. 20, 2022, AB named director of U.S. high yield William Smith as a comanager on AB High Income AGDZX (and the FCP version of the strategy, AB Global High Yield). Smith joined AB in 2012 and has headed up AB's U.S. high-yield business for the past five years. Smith joins Gershon Distenfeld, Matthew Sheridan, Christian DiClementi, and Fahd Malik on this strategy’s management roster. Distenfeld, who joined AB in 1998 and is the firm's co-head of fixed income, has managed this offering since 2008. AB veteran Sheridan also joined AB in 1998 and became a comanager on this strategy in 2005. DiClementi and Malik both became comanagers here in 2021, having joined AB in 2003 and 2006, respectively.

Unlock our full analysis with Morningstar Premium