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AB Corporate Income Shares (ACISX)

Mutual Fund · Currency in USD · Last updated Mar 23, 2023

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.


0.00%50.00%100.00%150.00%200.00%NovemberDecember2023FebruaryMarch
22.63%
172.55%
ACISX (AB Corporate Income Shares)
Benchmark (^GSPC)

S&P 500

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AB Corporate Income Shares

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.


PeriodReturnBenchmark
1 month0.97%-3.48%
Year-To-Date2.71%2.54%
6 months3.52%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


JanFebMarAprMayJunJulAugSepOctNovDec
20234.35%-2.98%
2022-5.13%-1.28%5.05%-0.15%

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 Corporate Income Shares Sharpe ratio is -0.69. 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
-0.69
-0.50
ACISX (AB Corporate Income Shares)
Benchmark (^GSPC)

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.


PeriodTTM2022202120202019201820172016201520142013
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.


JanFebMarAprMayJunJulAugSepOctNovDec
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.


-26.00%-24.00%-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%NovemberDecember2023FebruaryMarch
-14.88%
-17.92%
ACISX (AB Corporate Income Shares)
Benchmark (^GSPC)

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, 2021307Oct 21, 2022
-17.76%Mar 9, 202010Mar 20, 202073Jul 6, 202083
-7.6%May 3, 201337Jun 25, 2013200Apr 10, 2014237
-7.09%Feb 3, 2015229Dec 29, 2015124Jun 27, 2016353
-5.46%Jan 4, 202152Mar 18, 202184Jul 19, 2021136
-4.83%Sep 7, 201672Dec 16, 2016112May 31, 2017184
-4.4%Jan 2, 2018231Nov 29, 201847Feb 8, 2019278
-2.78%Sep 5, 20197Sep 13, 201915Oct 4, 201922
-2.23%Aug 7, 202015Aug 27, 202059Nov 19, 202074
-2.19%Nov 9, 201265Feb 13, 201350Apr 26, 2013115

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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
8.09%
21.56%
ACISX (AB Corporate Income Shares)
Benchmark (^GSPC)