PortfoliosLab logo

abrdn Global High Income Fund (BJBHX)

Mutual Fund · Currency in USD · Last updated Mar 22, 2023

The fund invests primarily in high income producing instruments, rated at the time of purchase below "BBB-" by Standard & Poor's Rating Service ("S&P"), or below "Baa3" by Moody's Investors Service, Inc. It normally invests in a diversified portfolio of high income producing securities. The fund may invest up to 20% of its net assets in global equity securities.

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in abrdn Global High Income Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $25,751 for a total return of roughly 157.51%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
5.84%
8.82%
BJBHX (abrdn Global High Income Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with BJBHX

abrdn Global High Income Fund

Return

abrdn Global High Income Fund had a return of 1.63% year-to-date (YTD) and -5.69% in the last 12 months. Over the past 10 years, abrdn Global High Income Fund had an annualized return of 1.96%, while the S&P 500 had an annualized return of 9.92%, indicating that abrdn Global High Income Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.41%-1.87%
Year-To-Date1.63%4.25%
6 months2.66%2.64%
1 year-5.69%-10.31%
5 years (annualized)1.25%8.11%
10 years (annualized)1.96%9.92%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.59%-1.35%
2022-4.21%2.08%3.08%-0.47%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current abrdn Global High Income Fund Sharpe ratio is -0.83. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.50-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.83
-0.44
BJBHX (abrdn Global High Income Fund)
Benchmark (^GSPC)

Dividend History

abrdn Global High Income Fund granted a 8.18% dividend yield in the last twelve months. The annual payout for that period amounted to $0.59 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.59$0.53$0.44$0.39$0.48$0.58$0.37$0.42$0.50$0.84$0.80$0.71

Dividend yield

8.18%7.51%5.44%4.94%6.39%8.95%5.43%6.77%8.78%13.39%12.70%12.28%

Monthly Dividends

The table displays the monthly dividend distributions for abrdn Global High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.03$0.03
2022$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.20
2021$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.07
2020$0.03$0.03$0.03$0.03$0.03$0.04$0.04$0.03$0.03$0.03$0.03$0.04
2019$0.06$0.05$0.05$0.04$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03
2018$0.02$0.02$0.02$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.05$0.19
2017$0.03$0.04$0.04$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.06
2016$0.02$0.02$0.02$0.02$0.03$0.02$0.02$0.03$0.03$0.03$0.03$0.14
2015$0.06$0.05$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.03
2014$0.04$0.05$0.05$0.04$0.04$0.06$0.06$0.04$0.05$0.05$0.04$0.31
2013$0.06$0.06$0.06$0.06$0.07$0.06$0.06$0.06$0.05$0.06$0.05$0.16
2012$0.05$0.06$0.06$0.06$0.07$0.06$0.06$0.06$0.05$0.06$0.07$0.03

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-11.97%
-16.55%
BJBHX (abrdn Global High Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the abrdn Global High Income Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the abrdn Global High Income Fund is 28.45%, recorded on Dec 15, 2008. It took 154 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.45%May 21, 2008144Dec 15, 2008154Jul 28, 2009298
-22.82%Feb 24, 202021Mar 23, 2020161Nov 9, 2020182
-18.38%Jul 8, 2014404Feb 11, 2016390Aug 29, 2017794
-17.41%Sep 17, 2021261Sep 29, 2022
-12.55%May 23, 201195Oct 5, 2011147May 7, 2012242
-7.57%Dec 28, 20051Dec 28, 2005209Oct 27, 2006210
-5.93%Apr 27, 201032Jun 10, 201064Sep 10, 201096
-5.55%Oct 4, 201857Dec 26, 201854Mar 15, 2019111
-5.47%Jan 26, 200479May 17, 200473Aug 31, 2004152
-5.35%Oct 31, 200771Feb 12, 200867May 19, 2008138

Volatility Chart

Current abrdn Global High Income Fund volatility is 6.36%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
6.36%
22.09%
BJBHX (abrdn Global High Income Fund)
Benchmark (^GSPC)