AB Corporate Income Shares (ACISX)
The investment seeks high current income. The fund invests, under normal circumstances, at least 80% of its net assets in U.S. corporate bonds. It may also invest in U.S. government securities (other than U.S. government securities that are mortgage-backed or asset-backed securities), repurchase agreements and forward contracts relating to U.S. government securities. The fund has the flexibility to invest in long- and short-term fixed-income securities.
Fund Info
| ISIN | US01879V1070 |
|---|---|
| Issuer | AllianceBernstein |
| Inception Date | Dec 11, 2006 |
| Category | Corporate Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
ACISX has an expense ratio of 0.00%, indicating no management fees are charged.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AB Corporate Income Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AB Corporate Income Shares had a return of 5.06% year-to-date (YTD) and 17.42% in the last 12 months. Over the past 10 years, AB Corporate Income Shares had an annualized return of 2.60%, while the S&P 500 had an annualized return of 11.71%, indicating that AB Corporate Income Shares did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.06% | 22.95% |
| 1 month | -1.48% | 4.39% |
| 6 months | 7.67% | 18.07% |
| 1 year | 17.42% | 37.09% |
| 5 years (annualized) | 1.57% | 14.48% |
| 10 years (annualized) | 2.60% | 11.71% |
Monthly Returns
The table below presents the monthly returns of ACISX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.05% | -1.09% | 1.50% | -2.41% | 1.97% | 0.83% | 2.32% | 1.79% | 1.50% | 5.06% | |||
| 2023 | 4.35% | -2.98% | 2.27% | 0.75% | -1.32% | 0.53% | 0.50% | -0.80% | -2.68% | -1.81% | 5.78% | 4.46% | 8.96% |
| 2022 | -3.06% | -2.14% | -2.52% | -5.36% | 0.48% | -3.03% | 3.04% | -2.64% | -5.13% | -1.28% | 5.05% | -0.15% | -15.96% |
| 2021 | -1.30% | -2.08% | -1.27% | 1.20% | 0.82% | 1.67% | 1.41% | -0.18% | -1.09% | 0.26% | -0.18% | 0.04% | -0.76% |
| 2020 | 2.47% | 1.20% | -9.51% | 6.10% | 2.49% | 2.76% | 3.54% | -0.86% | -0.38% | -0.08% | 3.10% | 0.72% | 11.25% |
| 2019 | 2.53% | 0.59% | 2.67% | 0.71% | 1.46% | 2.44% | 0.69% | 3.31% | -0.55% | 0.67% | 0.32% | 0.52% | 16.41% |
| 2018 | -0.85% | -1.70% | 0.24% | -0.89% | 0.33% | -0.41% | 0.89% | 0.56% | -0.35% | -1.51% | -0.39% | 1.30% | -2.81% |
| 2017 | 0.40% | 1.09% | -0.12% | 1.09% | 1.10% | 0.12% | 0.81% | 0.83% | -0.15% | 0.37% | -0.16% | 0.84% | 6.38% |
| 2016 | 0.68% | 0.66% | 2.43% | 1.29% | -0.07% | 2.35% | 1.43% | 0.20% | -0.14% | -0.86% | -2.81% | 0.59% | 5.78% |
| 2015 | 2.75% | -1.30% | 0.26% | -0.79% | -0.79% | -2.04% | 0.18% | -1.09% | 0.28% | 0.18% | -0.64% | -1.06% | -4.05% |
| 2014 | 1.92% | 1.30% | 0.15% | 1.40% | 1.57% | 0.32% | -0.13% | 1.56% | -1.36% | 1.03% | 0.53% | -0.44% | 8.10% |
| 2013 | -1.24% | 0.63% | -0.18% | 1.69% | -2.89% | -3.19% | 0.89% | -0.79% | 0.99% | 1.73% | -0.15% | -0.20% | -2.81% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ACISX is 57, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AB Corporate Income Shares (ACISX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AB Corporate Income Shares granted a 5.26% dividend yield in the last twelve months. The annual payout for that period amounted to $0.53 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.53 | $0.48 | $0.37 | $0.46 | $0.69 | $0.51 | $0.42 | $0.39 | $0.39 | $0.03 | $0.35 | $0.25 |
Dividend yield | 5.26% | 4.81% | 3.84% | 3.92% | 5.60% | 4.30% | 3.99% | 3.46% | 3.55% | 0.32% | 3.12% | 2.31% |
Monthly Dividends
The table displays the monthly dividend distributions for AB Corporate Income Shares. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.00 | $0.40 | ||
| 2023 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.48 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.37 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.14 | $0.46 |
| 2020 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 | $0.69 |
| 2019 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.09 | $0.51 |
| 2018 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.42 |
| 2017 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2014 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.00 | $0.35 |
| 2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.25 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the AB Corporate Income Shares. 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 Corporate Income Shares was 22.37%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current AB Corporate Income Shares drawdown is 5.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.37% | Aug 5, 2021 | 307 | Oct 21, 2022 | — | — | — |
| -17.76% | Mar 9, 2020 | 10 | Mar 20, 2020 | 73 | Jul 6, 2020 | 83 |
| -7.6% | May 3, 2013 | 37 | Jun 25, 2013 | 200 | Apr 10, 2014 | 237 |
| -7.09% | Feb 3, 2015 | 229 | Dec 29, 2015 | 124 | Jun 27, 2016 | 353 |
| -5.46% | Jan 4, 2021 | 52 | Mar 18, 2021 | 84 | Jul 19, 2021 | 136 |
Volatility
Volatility Chart
The current AB Corporate Income Shares volatility is 1.24%, 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.