Morningstar

AB High Income Fund Advisor Class AGDYX

Morningstar Medalist Rating
Medalist Rating as of | See AllianceBernstein Investment Hub
  • NAV / 1-Day Return 6.99  /  −0.14 %
  • Total Assets 3.1B
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.610%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 6.95%
  • Effective Duration 3.01 years

USD | NAV as of Jul 13, 2026 | 1-Day Return as of Jul 13, 2026, 9:38 PM GMT+0

Morningstar’s Analysis AGDYX

Will AGDYX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AGDYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AGDYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AGDYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This high-octane approach is refocusing on the US market.

Analyst Jeana Doubell

Jeana Doubell

Analyst

Summary

This strategy adopts a multisector approach that routinely ventures into risky corners of the market. That, together with high turnover throughout the fixed-income platform in recent years, results in Average People and Process Pillar ratings.

by Jeana Doubell
Rated on Published on

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Portfolio Holdings AGDYX

More AGDYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

EUR FWD VS USD 0% 18/06/2026 Purchased

5.18 159M
Derivative

5 Year Treasury Note Future Sept 26

4.74 146M
Government

IRS #524285 REC FIXED 12.716 12.716% 02/01/2029 Pay

2.45 76M
Government

U.S. $ CASH BALANCE 0%

2.15 66M
Cash and Equivalents

ITRAXX-XOVERS45V1-5Y-908029 5% 20/06/2031

1.57 48M
Derivative

CDX-NAHYS46V1-5Y-910492 5% 20/06/2031

1.18 36M
Derivative

IRS #524923 REC FIXED 13.650 13.651% 02/01/2029 Pay

0.97 30M
Government

IRS #524723 REC FIXED 13.993 13.993% 02/01/2029 Pay

0.80 25M
Government

IRS #524288 REC FIXED 12.618 12.618% 02/01/2029 Pay

0.78 24M
Government

Davita Inc 4.625%

0.60 19M
Corporate

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