Alliance Bernstein - AB High Yield ETF

Frequently Asked Questions About HYFI

What does HYFI invest in?

This actively managed Exchange Traded Fund (ETF) strategically invests in higher-yielding corporate bonds issued by U.S. companies. Its central objective is to generate a substantial income stream.

What is the expense ratio of HYFI?

Alliance Bernstein - AB High Yield ETF (HYFI) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

What is HYFI's dividend yield?

HYFI's trailing-twelve-month yield is 6.74%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of HYFI?

Effective duration measures HYFI's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. HYFI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of HYFI?

HYFI's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of HYFI?

Yield to maturity (YTM) is the total return you'd earn from HYFI if every bond in the portfolio is held to maturity at the current price. HYFI's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.