HYFI was created on 2023-05-15 by AB Funds. The fund's investment portfolio concentrates primarily on high yield fixed income. The ETF currently has 336.05m in AUM and 688 holdings. HYFI is an actively managed fund of fixed income securities with high-yield credit rating and various maturities from corporate issuers around the world. Constituents are selected using a combination of quantitative and fundamental research, as well as both top-down and bottom-up analysis.