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AB FCP I-American Income Portfolio AT EUR H

Ranked 8 out of 44 in - US Dollar over 12 months
All calculations are in EUR unless stated

Managed by

Paul DeNoon

Paul DeNoon joined Alliance Capital as a portfolio manager in 1992 and currently takes charge of the massive AllianceBernstein-American Income Portfolio. The fund is 100% US Dollar denominated with DeNoon allocating between sectors based upon top-down analysis of global economic trends. Bottom-up in-house research drives the security selection. Prior to joining Alliance Capital, DeNoon spent six years working for Manufacturers Hanover Trust as an economist and ultimately portfolio manager. He started his career with two years as an economic research analyst at Lehman Brothers. DeNoon was born in Rochester, New York, in 1962 and holds a bachelor’s degree in economics from Union College, Schenectady, New York, and a masters degree in finance from New York University. Away from the office he is a keen skier and keeps himself busy coaching youth soccer.

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.

Douglas Peebles

Douglas J. Peebles graduated from Muhlenberg College in Pennsylvania with a BA and from Rutgers University in New Jersey with an MBA. He is the chief investment officer of Alliance Bernstein's fixed income business in New York and is directly responsible for supervising all fixed income mandates. Doug joined Alliance Bernstein in 1987, and became director of fixed income in 1997. From 2004 to 2008 he was co-head of fixed income before becoming CIO in August 2008. He is also chairman of the interest rates and currencies research review team which is responsible for setting interest rate and currency policy for all fixed income portfolios. Outside of fund management Doug enjoys playing golf.

Objective

The primary investment objective of the Portfolio is to seek to provide a high level of current income consistent with preservation of capital. The Portfolio seeks to meet its investment objective by investing in a diversified portfolio of fixed-income securities. As a secondary objective, the Portfolio will seek to increase its capital through appreciation of its investments in order to preserve and, if possible, increase the purchasing power of each Shareholder's investment.

Showing fund performance in Luxembourg View performance globally

Performance

US Dollar over : 30/11/2016 - 30/11/2017
  • Rank 8/44 Total Return
  • Rank 27/44 Standard Deviation
  • Rank 18/44 Max Drawdown
Fund Name Currency Return
6 MFS Meridian Funds-US Corporate Bond AH1 EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

3.4%

7 DB Fixed Income Opportunities ADV (EUR) EUR

3.4%

8 AB FCP I-American Income Portfolio AT EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

3.2%

9 PIMCO GIS Total Return Bond Inst EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

2.9%

10 Old Mutual Total Return USD Bond A EUR Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7%

Fund Name Currency Risk
25 Deutsche Invest I USD Corporate Bonds FCH

Currency exposure is hedged

Currency exposure is hedged

EUR

1.7

26 Aberdeen Global II - US Dollar Credit Bond I1 EUR EUR

1.8

27 AB FCP I-American Income Portfolio AT EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

1.9

27 Eurizon Fund Bond USD LTE IH

Currency exposure is hedged

Currency exposure is hedged

EUR

1.9

29 UBAM US Dollar Bond AHC EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.9

29 MFS Meridian Funds-US Total Return Bond AH1 EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

1.9

Fund Name Currency Loss
16 Nordea 1 US Bond Opportunities HBI EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-0.9%

17 JPM US Aggregate Bond D Acc EUR Hgd

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

18 MFS Meridian Funds-US Corporate Bond AH1 EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

18 TCW Funds - Metwest Total Return Bond Fund AEHE C

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

18 AB FCP I-American Income Portfolio AT EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

18 PIMCO GIS Total Return Bond Inst EUR Hdg Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-1.1%

Total Return

Quarterly Performance

to 29/09/2017 Annual Q1 Q2 Q3 Q4
2017 1.0% 1.7% 0.0%
2016 6.2% 3.2% 3.3% 1.6% -2.0%
2015 -2.9% 1.5% -1.4% -1.9% -1.2%
2014 6.0% 3.0% 2.9% -0.6% 0.6%
2013 -1.7% 0.5% -3.6% 0.5% 1.0%
2012 9.2% 1.7% 2.1% 3.5% 1.6%
2011 6.2% 1.5% 2.0% -0.2% 2.8%
2010 -1.0%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Bahrain
  2. Chile
  3. Finland
  4. France
  5. Germany
  6. Hong Kong
  7. Iceland
  8. Italy
  9. Korea
  10. Luxembourg
  11. Macau
  12. Netherlands
  13. Norway
  14. Portugal
  15. Singapore
  16. Sweden
  17. Switzerland
  18. Taiwan

Fund Info

  • Launch date10/09/2010
  • Base currencyEUR
  • ISIN LU0539799634
  • Currency exposure is hedged

Purchase Info

  • Min. initial investment2,000
  • Min. regular additional investment0

Charges

  • Annual management1.10%

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