How Well Do You Know High Yield?

Gershon M. Distenfeld is Senior Vice President and Director of High Yield, responsible for overseeing the investment strategy and management of all investment-grade and high-yield corporate bond portfolios, from buy-and-hold investment-grade corporate portfolios to regional and global high-yield portfolios. He co-manages the award-winning High Income Fund, named “Best Fund over 10 Years” by Lipper from 2012 to 2015, and the award-winning Global High Yield and American Income portfolios, two Luxembourg-domiciled funds designed for non-US investors. Distenfeld also designed and is one of the lead portfolio managers of the Multi-Sector Credit Strategy. He has authored a number of published papers and blogs, including “High Yield Won’t Bubble Over” (January 2013), one of the firm’s most-read blogs. Distenfeld joined AB in 1998 as a fixed-income business analyst, and served as a high-yield trader (1999–2002) and high-yield portfolio manager (2002–2006) before being named to his current role in 2006. He began his career as an operations analyst supporting Emerging Markets Debt at Lehman Brothers. Distenfeld holds a BS in finance from the Sy Syms School of Business at Yeshiva University and is a CFA charterholder. Location: New York