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.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in AB Corporate Income Shares in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,263 for a total return of roughly 22.63%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
AB Corporate Income Shares had a return of 2.71% year-to-date (YTD) and -5.89% in the last 12 months. Over the past 10 years, AB Corporate Income Shares had an annualized return of 2.13%, while the S&P 500 had an annualized return of 9.73%, indicating that AB Corporate Income Shares did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
1 month | 0.97% | -3.48% |
Year-To-Date | 2.71% | 2.54% |
6 months | 3.52% | 2.10% |
1 year | -5.89% | -11.75% |
5 years (annualized) | 2.19% | 8.30% |
10 years (annualized) | 2.13% | 9.73% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | 4.35% | -2.98% | ||||||||||
2022 | -5.13% | -1.28% | 5.05% | -0.15% |
Dividend History
AB Corporate Income Shares granted a 4.76% dividend yield in the last twelve months. The annual payout for that period amounted to $0.46 per share.
Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.46 | $0.37 | $0.46 | $0.69 | $0.51 | $0.42 | $0.39 | $0.39 | $0.03 | $0.35 | $0.25 |
Dividend yield | 4.76% | 3.87% | 4.09% | 6.08% | 4.94% | 4.80% | 4.32% | 4.60% | 0.42% | 4.19% | 3.20% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2023 | $0.04 | $0.03 | ||||||||||
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 |
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 Corporate Income Shares. 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 Corporate Income Shares is 22.37%, recorded on Oct 21, 2022. The portfolio has not recovered from it yet.
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 |
-4.83% | Sep 7, 2016 | 72 | Dec 16, 2016 | 112 | May 31, 2017 | 184 |
-4.4% | Jan 2, 2018 | 231 | Nov 29, 2018 | 47 | Feb 8, 2019 | 278 |
-2.78% | Sep 5, 2019 | 7 | Sep 13, 2019 | 15 | Oct 4, 2019 | 22 |
-2.23% | Aug 7, 2020 | 15 | Aug 27, 2020 | 59 | Nov 19, 2020 | 74 |
-2.19% | Nov 9, 2012 | 65 | Feb 13, 2013 | 50 | Apr 26, 2013 | 115 |
Volatility Chart
Current AB Corporate Income Shares volatility is 8.09%. 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.