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AB Global Bond Fund (ANAGX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 16, 2026

The fund invests at least 80% of its net assets in fixed-income securities. It invests significantly in fixed-income securities of non-U.S. companies. The fund normally invests in the fixed-income securities of companies located in at least three countries. It may invest in a broad range of fixed-income securities in both developed and emerging markets. The fund may invest across all fixed-income sectors, including U.S. and non-U.S. government and corporate debt securities.

Looking to diversify beyond ANAGX? The mutual funds below have the lowest correlation with ANAGX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from ANAGX.

Best Diversifiers for ANAGX

1 mutual funds have low correlation with ANAGX (below 0.3), 0 of which are negatively correlated. The least correlated is DFA Two Year Global Fixed Income Portfolio (DFGFX) (Global Bonds) with a 1Y correlation of 0.21, down from 0.33 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
DFGFX
DFA Two Year Global Fixed Income Portfolio0.210.060.33
100
Global BondsANAGX vs DFGFX
EAIIX
Eaton Vance Global Bond Fund0.400.640.56
92
Global BondsANAGX vs EAIIX
DGFFX
Destinations Global Fixed Income Opportunities Fun...0.410.480.46
98
Global BondsANAGX vs DGFFX
SHYPX
American Beacon SiM High Yld Opps Fund0.580.530.47
97
High Yield BondsANAGX vs SHYPX
DAIOX
Dunham International Opportunity Bond Fund0.610.710.66
61
Global BondsANAGX vs DAIOX
See all 14 diversifiers for ANAGX

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