Industry description
The investment seeks to maximize total return consistent with prudent investment management.
The fund invests, under normal circumstances, at least 80% of its net assets in fixed-income securities rated Ba1 or lower by Moody’s Investors Service (“Moody’s”), or BB+ or lower by S&P Global Ratings (“S&P”) or Fitch Ratings (“Fitch”), or the equivalent by any nationally recognized statistical rating organization (“NRSRO”) (commonly known as “junk bonds”); unrated securities considered by the Adviser to be of comparable quality; and related derivatives.
Market Cap
The average market capitalization across the AB High Yield ETF ETF is 4.58B. The market cap for tickers in the group ranges from 540.56M to 12.68B. WRK holds the highest valuation in this group at 12.68B. The lowest valued company is SD at 540.56M.
High and low price notable news
The average weekly price growth across all stocks in the AB High Yield ETF ETF was -1%. For the same ETF, the average monthly price growth was -0%, and the average quarterly price growth was 5%. SD experienced the highest price growth at -2%, while CZR experienced the biggest fall at -9%.
Volume
The average weekly volume growth across all stocks in the AB High Yield ETF ETF was -6%. For the same stocks of the ETF, the average monthly volume growth was 19% and the average quarterly volume growth was -37%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 35
P/E Growth Rating: 59
Price Growth Rating: 40
SMR Rating: 71
Profit Risk Rating: 58
Seasonality Score: 20 (-100 ... +100)