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AB High Yield Etf

AB High Yield Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization330.92 mln

Business Description

This fund puts the vast majority of its money into lower-grade bonds, often called high-yield or junk bonds, which carry more risk than typical investment-grade debt but can offer higher returns. It also invests in unrated bonds that the fund's managers believe are of similar quality, as well as related financial instruments. The goal is to generate income by taking on credit risk that more conservative funds typically avoid.

Key Fundamentals

EPS0.35
P/E103
ROE-563
ROIC-1.76
ROA-5.87
EV / EBITDA12.01
EV / EBIT-232
EV / Revenue1.64

Quote Details

Last 35.89
Change -0.04 (-0.11%)
Open 35.93
Volume 284,069
Turnover 10,195,236
Average Volume 91,139

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -0.11% 49 / 100   
1 Month -0.64% 59 / 100   
2 Months -1.97% 49 / 100   
6 Months -1.37% 50 / 100   
1 Year 1.38% 50 / 100   



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