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.
AB High Income Fund Class Z AGDZX
- NAV / 1-Day Return 7.01 / −0.14 %
- Total Assets 3.1B
-
Adj. Expense Ratio
0.540%
- Expense Ratio 0.560%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category High Yield Bond
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 2M
- Status Open
- TTM Yield 6.98%
- Effective Duration 3.01 years
USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 12:11 AM GMT+0
Morningstar’s Analysis AGDZX
Will AGDZX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the AGDZX 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 AGDZX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 4.8
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
EUR FWD VS USD 0% 18/06/2026 Purchased | 5.14 | 159M | Derivative |
5 Year Treasury Note Future June 26 | 4.89 | 152M | Government |
IRS #524285 REC FIXED 12.716 12.716% 02/01/2029 Pay | 2.47 | 77M | Government |
U.S. $ CASH BALANCE 0% | 1.77 | 55M | Cash and Equivalents |
ITRAXX-XOVERS45V1-5Y-908029 5% 20/06/2031 | 1.54 | 48M | Derivative |
CDX-NAHYS46V1-5Y-910492 5% 20/06/2031 | 1.17 | 36M | Derivative |
IRS #524923 REC FIXED 13.650 13.651% 02/01/2029 Pay | 0.98 | 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 |
COP FWD VS USD 0% 14/05/2026 Purchased | 0.62 | 19M | Derivative |
United States