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AB Income Fund (ACGYX)

Mutual Fund · Currency in USD · Last updated Dec 7, 2023

The investment seeks high current income consistent with preservation of capital. The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets in income-producing securities. It also normally invests at least 65% of its total assets in securities of U.S. and foreign governments, their agencies or instrumentalities and repurchase agreements relating to U.S. government securities. The fund normally invests at least 65% of its total assets in U.S. dollar denominated securities.

Summary

Fund Info

ISINUS01881M4428
IssuerAllianceBernstein
Inception DateAug 28, 1987
CategoryIntermediate Core-Plus Bond
Minimum Investment$0
Asset ClassBond

Expense Ratio

The AB Income Fund has a high expense ratio of 0.54%, indicating higher-than-average management fees.


0.54%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in AB 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.


-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
2.18%
6.60%
ACGYX (AB Income Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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

AB Income Fund

Return

AB Income Fund had a return of 4.26% year-to-date (YTD) and 2.97% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date4.26%18.49%
1 month4.72%4.20%
6 months2.18%6.60%
1 year2.97%15.43%
5 years (annualized)0.97%11.59%
10 years (annualized)N/A9.70%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-1.10%-0.02%0.48%-0.62%-2.67%-1.84%4.96%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for AB Income Fund (ACGYX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ACGYX
AB Income Fund
0.40
^GSPC
S&P 500
1.00

Sharpe Ratio

The current AB Income Fund Sharpe ratio is 0.40. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.40
1.00
ACGYX (AB Income Fund)
Benchmark (^GSPC)

Dividend History

AB Income Fund granted a 5.08% dividend yield in the last twelve months. The annual payout for that period amounted to $0.32 per share.


PeriodTTM2022202120202019201820172016
Dividend$0.32$0.28$0.28$0.31$0.36$0.34$0.47$0.21

Dividend yield

5.08%4.32%3.57%3.81%4.50%4.55%5.85%2.59%

Monthly Dividends

The table displays the monthly dividend distributions for AB 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$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.03$0.03
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.02$0.02$0.03$0.03
2021$0.03$0.02$0.03$0.03$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.02
2020$0.03$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03
2019$0.03$0.03$0.04$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.03
2017$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.10
2016$0.01$0.00$0.00$0.03$0.03$0.03$0.03$0.03$0.05

Drawdowns Chart

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


-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-13.00%
-5.15%
ACGYX (AB Income Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the AB 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 AB Income Fund was 21.33%, occurring on Oct 20, 2022. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-21.33%Aug 4, 2021307Oct 20, 2022
-13.83%Mar 9, 202012Mar 24, 2020113Sep 2, 2020125
-3.98%Sep 11, 2017306Nov 26, 201863Feb 28, 2019369
-3.25%Feb 12, 202132Mar 30, 202169Jul 8, 2021101
-2.87%Oct 26, 201618Nov 18, 201650Feb 2, 201768

Volatility Chart

The current AB Income Fund volatility is 2.79%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.79%
2.92%
ACGYX (AB Income Fund)
Benchmark (^GSPC)