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.
Fund Info
| ISIN | US01881M4428 |
|---|---|
| Issuer | AllianceBernstein |
| Inception Date | Aug 28, 1987 |
| Category | Intermediate Core-Plus Bond |
| Minimum Investment | $0 |
| Asset Class | Bond |
Expense Ratio
The AB Income Fund has a high expense ratio of 0.54%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
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.
Compare to other instruments
Return
AB Income Fund had a return of 4.26% year-to-date (YTD) and 2.97% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.26% | 18.49% |
| 1 month | 4.72% | 4.20% |
| 6 months | 2.18% | 6.60% |
| 1 year | 2.97% | 15.43% |
| 5 years (annualized) | 0.97% | 11.59% |
| 10 years (annualized) | N/A | 9.70% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
ACGYX AB Income Fund | 0.40 | ||||
^GSPC S&P 500 | 1.00 |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2021 | 307 | Oct 20, 2022 | — | — | — |
| -13.83% | Mar 9, 2020 | 12 | Mar 24, 2020 | 113 | Sep 2, 2020 | 125 |
| -3.98% | Sep 11, 2017 | 306 | Nov 26, 2018 | 63 | Feb 28, 2019 | 369 |
| -3.25% | 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 |
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.