Alliance Bernstein - AB High Yield ETF
HYFI
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- AB High Yield ETF (HYFI), an actively managed exchange-traded fund issued by AB Active ETFs, Inc. and advised by AllianceBernstein L.P., seeks to deliver a high level of income through investments primarily in U.S. high-yield corporate bonds rated Ba1/BB+ or lower, unrated securities of comparable quality, and related derivatives; it emphasizes security selection via combined quantitative and fundamental research, dynamic beta management to capture upside and mitigate downside risk, and a disciplined top-down and bottom-up investment process. The fund targets high-yield (junk) bonds to offer higher potential income relative to investment-grade corporates and government securities, while aiming to avoid defaults, downgrades, and underperforming credits through active adjustments in duration, credit quality, sector weights, and industry exposure; it maintains broad diversification across hundreds of holdings and provides monthly distributions. HYFI operates within the global fixed-income market, serving institutional and retail investors seeking income and risk-adjusted returns in a portfolio context distinct from equities or investment-grade bonds. Launched on May 15, 2023, following AllianceBernstein's first mutual fund-to-ETF conversion from the AB High Yield Portfolio (with roots tracing to July 2016), the fund is listed on NYSE Arca and domiciled in the United States, with AllianceBernstein headquartered in Nashville, Tennessee.