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AB Income Fund (ACGYX)

Mutual Fund · Currency in USD · Last updated Mar 21, 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.

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.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
3.46%
7.43%
ACGYX (AB Income Fund)
Benchmark (^GSPC)

S&P 500

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AB Income Fund

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.


PeriodReturnBenchmark
1 month0.09%-3.13%
Year-To-Date1.52%2.92%
6 months0.49%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


JanFebMarAprMayJunJulAugSepOctNovDec
20233.94%-2.93%
2022-5.79%-1.43%4.54%-0.16%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current AB Income Fund Sharpe ratio is -0.95. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.50-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.95
-0.45
ACGYX (AB Income Fund)
Benchmark (^GSPC)

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.


PeriodTTM2022202120202019201820172016
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-26.00%-24.00%-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%NovemberDecember2023FebruaryMarch
-15.28%
-17.62%
ACGYX (AB Income Fund)
Benchmark (^GSPC)

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, 2021307Oct 20, 2022
-13.84%Mar 9, 202012Mar 24, 2020113Sep 2, 2020125
-3.98%Sep 11, 2017295Nov 8, 201874Feb 28, 2019369
-3.26%Feb 12, 202132Mar 30, 202169Jul 8, 2021101
-2.87%Oct 26, 201618Nov 18, 201650Feb 2, 201768
-1.74%Sep 5, 20197Sep 13, 201915Oct 4, 201922
-1.24%Mar 1, 20177Mar 9, 201716Mar 31, 201723
-1.12%Oct 7, 201916Oct 28, 201925Dec 3, 201941
-1.1%Sep 8, 20164Sep 13, 201613Sep 30, 201617
-1.02%Sep 4, 202039Oct 29, 20205Nov 5, 202044

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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
12.45%
20.82%
ACGYX (AB Income Fund)
Benchmark (^GSPC)