About AGDCX
AB High Income Fund Class C is a mutual fund designed to deliver a high level of current income, with a secondary focus on capital appreciation through total returns from price appreciation and income. Managed by AllianceBernstein, it invests flexibly across a broad spectrum of fixed-income securities, including U.S. and non-U.S. corporate debt, sovereign debt, government bonds from developed and emerging markets, and high-yield (below investment-grade) bonds, without limitation on credit quality or geography. This global multi-sector approach enables the fund to pursue optimal income opportunities by evolving with market conditions, capitalizing on dislocations, and emphasizing beta management to potentially improve up/down capture ratios while controlling volatility. It may also incorporate investment-grade securities, derivatives, and leverage, exposing it to risks such as credit default, interest rate fluctuations, foreign investment challenges, and inflation. With a total cost ratio of 1.64% and substantial net asset value exceeding $2.7 billion, AB High Income Fund Class C plays a key role in providing diversified high-income exposure within the taxable fixed-income segment of the mutual fund market, catering to investors seeking yield from diverse global sources.
Fund Family AllianceBernstein
Category High Yield Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol AGDCX
Share Class Class C
Index Bloomberg Global High Yield TR USDH
AGDCX had a total return of 4.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.40%.
