AB Income Fund (ACGYX)
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.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in AB Income Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,867 for a total return of roughly 8.67%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
AB Income Fund had a return of 1.52% year-to-date (YTD) and -8.79% in the last 12 months. Over the past 10 years, AB Income Fund had an annualized return of 1.22%, while the S&P 500 had an annualized return of 9.65%, indicating that AB Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.09% | -3.13% |
| Year-To-Date | 1.52% | 2.92% |
| 6 months | 0.49% | 2.02% |
| 1 year | -8.79% | -11.46% |
| 5 years (annualized) | 0.44% | 7.79% |
| 10 years (annualized) | 1.22% | 9.65% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.94% | -2.93% | ||||||||||
| 2022 | -5.79% | -1.43% | 4.54% | -0.16% |
Dividend History
AB Income Fund granted a 5.52% dividend yield in the last twelve months. The annual payout for that period amounted to $0.36 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.28 | $0.28 | $0.31 | $0.36 | $0.34 | $0.47 | $0.21 |
Dividend yield | 5.52% | 4.36% | 3.75% | 4.15% | 5.10% | 5.39% | 7.27% | 3.41% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $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.
Worst Drawdowns
The table below shows the maximum drawdowns of the AB Income Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the AB Income Fund is 21.33%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -21.33% | Aug 4, 2021 | 307 | Oct 20, 2022 | — | — | — |
| -13.84% | Mar 9, 2020 | 12 | Mar 24, 2020 | 113 | Sep 2, 2020 | 125 |
| -3.98% | Sep 11, 2017 | 295 | Nov 8, 2018 | 74 | Feb 28, 2019 | 369 |
| -3.26% | Feb 12, 2021 | 32 | Mar 30, 2021 | 69 | Jul 8, 2021 | 101 |
| -2.87% | Oct 26, 2016 | 18 | Nov 18, 2016 | 50 | Feb 2, 2017 | 68 |
| -1.74% | Sep 5, 2019 | 7 | Sep 13, 2019 | 15 | Oct 4, 2019 | 22 |
| -1.24% | Mar 1, 2017 | 7 | Mar 9, 2017 | 16 | Mar 31, 2017 | 23 |
| -1.12% | Oct 7, 2019 | 16 | Oct 28, 2019 | 25 | Dec 3, 2019 | 41 |
| -1.1% | Sep 8, 2016 | 4 | Sep 13, 2016 | 13 | Sep 30, 2016 | 17 |
| -1.02% | Sep 4, 2020 | 39 | Oct 29, 2020 | 5 | Nov 5, 2020 | 44 |
Volatility Chart
Current AB Income Fund volatility is 12.45%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.