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AB Corporate Income Shares (ACISX)

Mutual Fund · Currency in USD · Last updated Dec 2, 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.

Summary

Fund Info

ISINUS01879V1070
IssuerAllianceBernstein
Inception DateDec 11, 2006
CategoryCorporate Bonds
Minimum Investment$0
Asset ClassBond

Expense Ratio

The AB Corporate Income Shares has an expense ratio of 0.00%, indicating no management fees are charged.


0.00%
0.00%2.15%

Share Price Chart


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Performance

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.


0.00%50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
25.01%
218.08%
ACISX (AB Corporate Income Shares)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ACISX

AB Corporate Income Shares

Return

AB Corporate Income Shares had a return of 4.70% year-to-date (YTD) and 3.25% in the last 12 months. Over the past 10 years, AB Corporate Income Shares had an annualized return of 2.53%, while the S&P 500 had an annualized return of 9.87%, indicating that AB Corporate Income Shares did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date4.70%19.67%
1 month5.37%8.42%
6 months1.82%7.29%
1 year3.25%12.71%
5 years (annualized)2.76%10.75%
10 years (annualized)2.53%9.87%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-1.32%0.53%0.50%-0.80%-2.68%-1.81%5.30%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for AB Corporate Income Shares (ACISX) 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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ACISX
AB Corporate Income Shares
0.59
^GSPC
S&P 500
0.91

Sharpe Ratio

The current AB Corporate Income Shares Sharpe ratio is 0.59. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio0.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.59
0.91
ACISX (AB Corporate Income Shares)
Benchmark (^GSPC)

Dividend History

AB Corporate Income Shares granted a 4.41% dividend yield in the last twelve months. The annual payout for that period amounted to $0.42 per share.


PeriodTTM2022202120202019201820172016201520142013
Dividend$0.42$0.37$0.46$0.69$0.51$0.42$0.39$0.39$0.03$0.35$0.25

Dividend yield

4.41%3.84%3.92%5.60%4.30%4.00%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.04$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.00
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.


-20.00%-15.00%-10.00%-5.00%JulyAugustSeptemberOctoberNovemberDecember
-13.23%
-4.21%
ACISX (AB Corporate Income Shares)
Benchmark (^GSPC)

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.


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

Volatility Chart

The current AB Corporate Income Shares volatility is 2.39%, 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.


1.50%2.00%2.50%3.00%3.50%4.00%4.50%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.39%
2.79%
ACISX (AB Corporate Income Shares)
Benchmark (^GSPC)