AB Emerging Markets Multi-Asset Portfolio (ABIEX)

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The chart shows the growth of an initial investment of $10,000 in AB Emerging Markets Multi-Asset Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

AB Emerging Markets Multi-Asset Portfolio (ABIEX) has returned 2.43% so far this year and 23.41% over the past 12 months. Over the last ten years, ABIEX has returned 6.65% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Aug 31, 2011, ABIEX's average daily return is +0.02%, while the average monthly return is +0.44%. At this rate, your investment would double in approximately 13.2 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2022 with a return of +13.9%, while the worst month was Mar 2020 at -17.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, ABIEX closed higher 50% of trading days. The best single day was Mar 24, 2020 with a return of +4.2%, while the worst single day was Mar 12, 2020 at -7.4%.

AB Emerging Markets Multi-Asset Portfolio has an annualized alpha of -1.29%, beta of 0.49, and R² of 0.44 versus S&P 500 Index. Calculated based on daily prices since September 01, 2011.

• This fund participated in 85.48% of S&P 500 Index downside but only 57.90% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.49 may look defensive, but with R² of 0.44 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.44 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

ABIEX has a high expense ratio of 0.99%, indicating above-average management fees.

ABIEX ranks 82 for risk / return — in the top 82% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for AB Emerging Markets Multi-Asset Portfolio (ABIEX) and compare them to a chosen benchmark (S&P 500 Index).

AB Emerging Markets Multi-Asset Portfolio provided a 3.35% dividend yield over the last twelve months, with an annual payout of $0.35 per share.

The table displays the monthly dividend distributions for AB Emerging Markets Multi-Asset Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the AB Emerging Markets Multi-Asset Portfolio. 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 AB Emerging Markets Multi-Asset Portfolio was 38.56%, occurring on Oct 24, 2022. Recovery took 656 trading sessions.

The current AB Emerging Markets Multi-Asset Portfolio drawdown is 11.19%.

The chart below shows the rolling one-month volatility.