abrdn Global High Income Fund (BJBHX)
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.
Fund Info
| ISIN | US04315J8788 |
|---|---|
| CUSIP | 04315J878 |
| Issuer | Aberdeen |
| Inception Date | Dec 17, 2002 |
| Category | High Yield Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
BJBHX has a high expense ratio of 1.03%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in abrdn Global High Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
abrdn Global High Income Fund had a return of 4.68% year-to-date (YTD) and 11.30% in the last 12 months. Over the past 10 years, abrdn Global High Income Fund had an annualized return of 2.37%, while the S&P 500 had an annualized return of 10.58%, indicating that abrdn Global High Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.68% | 13.20% |
| 1 month | 1.31% | -1.28% |
| 6 months | 4.27% | 10.32% |
| 1 year | 11.30% | 18.23% |
| 5 years (annualized) | 3.11% | 12.31% |
| 10 years (annualized) | 2.37% | 10.58% |
Monthly Returns
The table below presents the monthly returns of BJBHX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.66% | 0.40% | 0.94% | -0.92% | 1.33% | 0.89% | 4.68% | ||||||
| 2023 | 3.59% | -1.35% | 1.14% | 0.73% | -0.82% | 1.05% | 1.48% | 0.11% | -0.96% | -1.18% | 4.63% | 3.47% | 12.32% |
| 2022 | -2.35% | -2.29% | -0.97% | -3.14% | -0.43% | -6.61% | 4.66% | -2.24% | -4.21% | 2.08% | 3.08% | -0.47% | -12.63% |
| 2021 | 0.01% | 0.58% | 0.24% | 1.03% | 0.35% | 1.01% | -0.16% | 0.87% | -0.36% | -0.58% | -1.06% | 1.49% | 3.43% |
| 2020 | 0.48% | -1.71% | -14.39% | 4.73% | 5.70% | 1.58% | 3.84% | 0.95% | -1.04% | 0.49% | 4.51% | 1.68% | 5.32% |
| 2019 | 3.80% | 1.24% | 1.05% | 1.34% | -1.29% | 2.66% | 0.73% | 0.48% | 0.72% | 0.37% | 0.83% | 1.62% | 14.32% |
| 2018 | 0.68% | -0.85% | -0.52% | 0.56% | -0.75% | -0.23% | 1.27% | -0.09% | 0.70% | -1.42% | -1.91% | -1.63% | -4.17% |
| 2017 | 2.11% | 0.85% | -0.05% | 1.07% | 0.89% | 0.04% | 1.05% | 1.03% | 1.01% | 0.78% | -0.30% | 0.24% | 9.06% |
| 2016 | -2.20% | -1.17% | 3.26% | 2.81% | 0.29% | 0.76% | 2.04% | 1.55% | -0.14% | 0.30% | -0.45% | 1.62% | 8.87% |
| 2015 | 0.15% | 1.86% | -0.04% | 0.53% | -0.18% | -1.64% | -0.96% | -2.36% | -2.86% | 1.77% | -2.03% | -3.36% | -8.89% |
| 2014 | 0.70% | 1.86% | 0.12% | 0.68% | 1.07% | 0.89% | -0.91% | 0.65% | -2.12% | -0.11% | -0.32% | -2.37% | 0.05% |
| 2013 | 1.60% | 0.50% | 1.21% | 1.80% | 0.18% | -2.19% | 1.91% | -0.49% | 0.86% | 1.89% | 0.78% | 0.83% | 9.16% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of BJBHX is 91, placing it in the top 9% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for abrdn Global High Income Fund (BJBHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
abrdn Global High Income Fund granted a 5.74% dividend yield in the last twelve months. The annual payout for that period amounted to $0.44 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.38 | $0.53 | $0.44 | $0.39 | $0.48 | $0.58 | $0.37 | $0.42 | $0.50 | $0.84 | $0.80 |
Dividend yield | 5.74% | 5.03% | 7.45% | 5.03% | 4.35% | 5.37% | 7.12% | 4.04% | 4.83% | 5.97% | 8.62% | 7.54% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.24 | |||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.38 |
| 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 | $0.53 |
| 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 | $0.44 |
| 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 | $0.39 |
| 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 | $0.48 |
| 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 | $0.58 |
| 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 | $0.37 |
| 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 | $0.42 |
| 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 | $0.50 |
| 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 | $0.84 |
| 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 | $0.80 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the abrdn Global High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the abrdn Global High Income Fund was 28.45%, occurring on Dec 15, 2008. Recovery took 154 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.45% | May 21, 2008 | 144 | Dec 15, 2008 | 154 | Jul 28, 2009 | 298 |
| -22.82% | Feb 24, 2020 | 21 | Mar 23, 2020 | 161 | Nov 9, 2020 | 182 |
| -18.38% | Jul 8, 2014 | 404 | Feb 11, 2016 | 390 | Aug 29, 2017 | 794 |
| -17.41% | Sep 17, 2021 | 261 | Sep 29, 2022 | 421 | Jun 4, 2024 | 682 |
| -12.55% | May 11, 2011 | 103 | Oct 5, 2011 | 147 | May 7, 2012 | 250 |
Volatility
Volatility Chart
The current abrdn Global High Income Fund volatility is 0.56%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.