Register to get unlimited access to Citywire’s fund manager database. Registration is free and only takes a minute.

AB Limited Duration High Income Portfolio;Advisor

Ranked 245 out of 275 in - US Dollar High Yield over 12 months
All calculations are in USD unless stated

Managed by

Gershon Distenfeld

Gershon Distenfeld was born in 1975 in New York. He holds BA in finance from the Sy Syms School of Business at Yeshiva University in New York and is a CFA Charterholder. He started his career in July 1997 at Lehman Brothers as an emerging markets operations analyst, and in May 1998 joined Alliance Bernstein as a high yield trader. He then started managing high yield portfolios and is currently director of high yield. Outside of work, Gershon enjoys golf, backgammon and American football.

Sherif M. Hamid

Ivan Rudolph-Shabinsky

Ivan Rudolph-Shabinsky is a Senior Vice President and Credit Portfolio Manager at Alliance Bernstein, focusing primarily on the Low Volatility High Yield Strategy and the Short Duration High Yield Fund on the Luxembourg-domiciled fund platform, designed for non-US investors. He is a member of the Credit and High Yield fixed-income portfolio-management teams, and a member of the internal Credit Research Review Committee. Rudolph-Shabinsky joined the firm in 1992 as a portfolio manager, and managed the Stable Value and Inflation-Linked Bond strategies. He has held other leadership posts at the firm, including head of Product Development and head of Product Management. He holds a BA in economics and Soviet/East European studies from Cornell University and an MBA from Columbia University, and is a CFA charterholder

Ashish Shah

Ashish Shah is currently located in New York. He joined Alliance Bernstein in 2010 and oversees the firm’s Global Credit strategies. Previously, he was a managing director and head of Global Credit Strategy at Barclays Capital, where he was responsible for the High Grade, High Yield, Structured Credit and Municipal Strategy Groups, and the Special Situations Research team. Prior to that, Shah served as the head of Credit Strategy at Lehman Brothers, heading the Structured Credit/CDO and Credit Strategy Groups and covering the cash bond, credit derivatives and CDO product areas for global credit investors. Before that, he served as North American CFO at Level 3 Communications from 1999 to 2000 and gained trading experience at Soros submanager Blue Border Partners and Bankers Trust, where he ran US equity arbitrage from 1994 to 1999. Shah holds a BS in economics from the Wharton School, University of Pennsylvania.

Objective

The Fund seeks the highest level of income. The Fund invests primarily in fixed-income securities, with an emphasis on corporate securities rated below investment grade unrated securities considered by the Adviser to be of comparable quality, and related derivatives. The Fund will invest on a global basis.

Showing fund performance globally. You can view performance in individual jurisdictions.

Performance

US Dollar High Yield over : 31/10/2016 - 31/10/2017

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 1.2% 1.4% 1.0%
2016 9.2% 2.4% 2.5% 2.9% 1.2%
2015 -0.2% 1.7% 0.5% -2.0% -0.5%
2014 0.9% 1.3% 1.0% -1.4% 0.0%
2013 5.8% 2.1% -1.0% 2.4% 2.3%
2012 12.3% 3.6% 1.8% 3.6% 2.7%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. United States

Fund Info

  • Launch date07/12/2011
  • Share Class size280Mn
  • Base currencyUSD
  • ISIN US0185283316

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Annual management0.53%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).