Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

abrdn High Income Opportunities Fund

mutual fund
JHYIX
Payout Change
Pending
Price as of:
$6.95 -0.03 -0.43%
primary theme
High Yield Bond
share class
A (BJBHX) Instl (JHYIX)
JHYIX (Mutual Fund)

abrdn High Income Opportunities Fund

Payout Change
Pending
Price as of:
$6.95 -0.03 -0.43%
primary theme
High Yield Bond
share class
A (BJBHX) Instl (JHYIX)
JHYIX (Mutual Fund)

abrdn High Income Opportunities Fund

Payout Change
Pending
Price as of:
$6.95 -0.03 -0.43%
primary theme
High Yield Bond
share class
A (BJBHX) Instl (JHYIX)

Name

As of 12/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

abrdn High Income Opportunities Fund

JHYIX | Fund

$6.95

$84.3 M

7.32%

$0.51

1.07%

Vitals

YTD Return

8.2%

1 yr return

8.2%

3 Yr Avg Return

2.2%

5 Yr Avg Return

3.1%

Net Assets

$84.3 M

Holdings in Top 10

21.8%

52 WEEK LOW AND HIGH

$7.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.07%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 98.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

abrdn High Income Opportunities Fund

JHYIX | Fund

$6.95

$84.3 M

7.32%

$0.51

1.07%

JHYIX - Profile

Distributions

  • YTD Total Return 8.2%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 3.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.65%
DIVIDENDS
  • Dividend Yield 7.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    abrdn High Income Opportunities Fund
  • Fund Family Name
    abrdnfunds
  • Inception Date
    Jan 30, 2003
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ben Pakenham

Fund Description

Principal Investment Strategies Changes

As of the Effective Date, the following disclosure will replace the first paragraph in the section entitled “Summary—abrdn High Income Opportunities Fund—Principal Strategies” in the Fund’s Statutory Prospectus beginning on page 114:

As a non-fundamental policy, under normal circumstances, the High Income Opportunities Fund invests at least 80% of its assets in high income producing instruments. High income producing instruments are defined by the Fund as those rated at the time of purchase below “BBB–” by Standard & Poor’s Rating Service (“S&P”), below “Baa3” by Moody’s Investors Service, Inc. (“Moody’s”), below a comparable rating by another nationally recognized statistical rating organization, or unrated bonds determined by the Adviser to be of comparable quality. The Fund may invest in securities rated in the lowest ratings category or in default (i.e., “junk bonds”, which are speculative). Although the Fund typically invests in high income debt securities, the Fund may invest up to 20% of its assets in investment grade debt. The Fund has the flexibility to invest in a broad-range of debt instruments, including, but not limited to, corporate and sovereign debt from U.S. and non-U.S. issuers, including those in emerging markets. The Fund may invest in debt securities of any maturity.

Read More

JHYIX - Performance

Return Ranking - Trailing

Period JHYIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.2% -8.0% 17.4% 38.65%
1 Yr 8.2% -8.2% 18.4% 52.30%
3 Yr 2.2%* -14.5% 21.2% 67.62%
5 Yr 3.1%* -11.8% 36.7% 63.46%
10 Yr 3.8%* -4.7% 20.2% 67.38%

* Annualized

Return Ranking - Calendar

Period JHYIX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% -4.7% 14.3% 45.65%
2022 -19.2% -33.4% 3.6% 91.54%
2021 -2.1% -8.4% 8.2% 90.71%
2020 0.1% -13.2% 302.7% 46.10%
2019 7.7% -4.4% 13.3% 55.37%

Total Return Ranking - Trailing

Period JHYIX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.2% -8.0% 17.4% 38.65%
1 Yr 8.2% -8.2% 18.4% 52.30%
3 Yr 2.2%* -14.5% 21.2% 67.62%
5 Yr 3.1%* -11.8% 36.7% 63.46%
10 Yr 3.8%* -4.7% 20.2% 67.38%

* Annualized

Total Return Ranking - Calendar

Period JHYIX Return Category Return Low Category Return High Rank in Category (%)
2023 12.1% -4.7% 18.7% 54.19%
2022 -12.4% -33.4% 47.8% 83.08%
2021 3.7% -8.4% 12.4% 79.69%
2020 5.6% -9.6% 325.6% 47.87%
2019 14.7% -3.8% 19.4% 31.88%

NAV & Total Return History

JHYIX - Holdings

Concentration Analysis

JHYIX Category Low Category High JHYIX % Rank
Net Assets 84.3 M 3.13 M 25.3 B 87.89%
Number of Holdings 192 2 3879 79.11%
Net Assets in Top 10 18.3 M -492 M 5.25 B 84.87%
Weighting of Top 10 21.85% 4.2% 146.0% 20.23%

Top 10 Holdings

  1. State Street Institutional US Government Money Market Fund 7.89%
  2. Petroleos Mexicanos 1.74%
  3. Enerflex Ltd 1.73%
  4. Affinity Interactive 1.69%
  5. Organon Co / Organon Foreign Debt Co-Issuer BV 1.59%
  6. SunCoke Energy Inc 1.54%
  7. MAF Global Securities Ltd 1.53%
  8. Venture Global LNG Inc 1.51%
  9. Adams Homes Inc 1.36%
  10. Venture Global LNG Inc 1.27%

Asset Allocation

Weighting Return Low Return High JHYIX % Rank
Bonds 		93.76% 0.00% 145.36% 64.98%
Cash 		7.89% -52.00% 48.02% 16.12%
Convertible Bonds 		2.56% 0.00% 17.89% 14.31%
Stocks 		0.00% 0.00% 97.54% 91.00%
Preferred Stocks 		0.00% 0.00% 4.97% 82.40%
Other 		-0.02% -39.08% 99.86% 92.76%

Bond Sector Breakdown

Weighting Return Low Return High JHYIX % Rank
Corporate 		98.20% 0.00% 100.00% 14.17%
Cash & Equivalents 		7.89% 0.00% 48.02% 14.47%
Government 		1.71% 0.00% 99.07% 13.18%
Securitized 		0.00% 0.00% 97.24% 84.68%
Municipal 		0.00% 0.00% 1.17% 72.49%
Derivative 		-0.02% -14.58% 42.26% 90.95%

Bond Geographic Breakdown

Weighting Return Low Return High JHYIX % Rank
US 		72.11% 0.00% 126.57% 90.30%
Non US 		21.65% 0.00% 96.91% 5.26%

JHYIX - Expenses

Operational Fees

JHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.02% 38.33% 42.04%
Management Fee 0.55% 0.00% 1.75% 50.16%
12b-1 Fee N/A 0.00% 1.00% 14.05%
Administrative Fee N/A 0.00% 0.50% 6.03%

Sales Fees

JHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 98.00% 1.00% 255.00% 87.59%

JHYIX - Distributions

Dividend Yield Analysis

JHYIX Category Low Category High JHYIX % Rank
Dividend Yield 7.32% 0.00% 11.76% 32.68%

Dividend Distribution Analysis

JHYIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

JHYIX Category Low Category High JHYIX % Rank
Net Income Ratio 4.65% -2.39% 9.30% 36.52%

Capital Gain Distribution Analysis

JHYIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

JHYIX - Fund Manager Analysis

Managers

Ben Pakenham

Start Date

Tenure

Tenure Rank

Jul 01, 2016

5.92

5.9%

Ben has more than 13 years' experience in high yield and has been part of the investment team since 2011.

Matthew Kence

Start Date

Tenure

Tenure Rank

Feb 28, 2019

3.25

3.3%

Matthew Kence is an Investment Director at abrdn. He is also responsible for covering US high yield Energy companies. Matt joined the company in 2010 from Gannet Welsh & Kotler where he was a Vice President, Credit. Previously, Matt also worked for MFS Investment Management as a high yield analyst. Matt graduated with a BS Mechanical Engineering from Ohio University and received his MBA from the Haas School of Business at the University of California, Berkeley.

George Westervelt

Start Date

Tenure

Tenure Rank

Feb 28, 2019

3.25

3.3%

George Westervelt is Head of U.S. High Yield Research and is one of the Portfolio Managers on the team that manages the Global High Yield strategies. He joined abrdn in 2009 as a Credit Analyst and joined the portfolio management group in 2011. Additionally, George has research coverage responsibilities for the High Yield Electric sector. Prior to joining ASI, George worked at MFS Investment Management in Boston and Citigroup in New York. He earned a BA in English from the University of Vermont and is a CFA Charterholder.

Erlend Lochen

Start Date

Tenure

Tenure Rank

Feb 28, 2019

3.25

3.3%

Erlend Lochen is Head of North American Fixed Income and Global High Yield at abrdn. Erlend joined the company in 2001 as a Credit Analyst. In 2004, he became the joint fund manager of the Higher Income Fund (Pan European high yield). Erlend relocated to Boston in 2009 and was appointed head of US credit and Global High Yield. Prior to Standard Life Investments, Erlend worked with a number of companies, including Skandinaviska Enskilda Banken, Barclays Capital and Merrill Lynch. Erlend earned an MSc in industrial Engineering from the Norwegian Institute of Technology.

Arthur Milson

Start Date

Tenure

Tenure Rank

Dec 31, 2019

2.42

2.4%

Arthur is an Investment Director within the Credit team at Aberdeen Standard Investments. In addition to being one of the Portfolio Managers on the Global High Yield strategy, he also manages European High Yield and Multi Asset Credit portfolios. Prior to joining the company, Arthur was at HBOS where he worked in leveraged finance, providing debt and equity funding to Management Buyout transactions. His sector responsibilities include Packaging and Environmental companies within European High Yield. Arthur is a member of the Association of Chartered Accountants (ACA) and holds a Postgraduate Diploma Commerce, Wollongong Australia and BSc Hons Immunology, University of Edinburgh.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.13 37.79 7.31 8.17

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×