AB Global Bond Fund Class Z (ANAZX)
The fund primarily focuses on investing in fixed-income securities, with a significant allocation towards non-U.S. companies. It targets diversification by investing in fixed-income securities across various countries and sectors, including both developed and emerging markets.
Fund Info
| ISIN | US01853W8082 |
|---|---|
| Issuer | AllianceBernstein |
| Inception Date | Oct 15, 2013 |
| Category | Global Bonds |
| Min. Investment | $2,000,000 |
| Asset Class | Bond |
Expense Ratio
The AB Global Bond Fund Class Z has a high expense ratio of 0.52%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AB Global Bond Fund Class Z, 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 Global Bond Fund Class Z had a return of -1.90% year-to-date (YTD) and 2.42% in the last 12 months. Over the past 10 years, AB Global Bond Fund Class Z had an annualized return of 1.80%, while the S&P 500 had an annualized return of 10.52%, indicating that AB Global Bond Fund Class Z did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -1.90% | 6.92% |
| 1 month | -1.87% | -2.83% |
| 6 months | 5.70% | 23.86% |
| 1 year | 2.42% | 23.33% |
| 5 years (annualized) | 0.09% | 11.66% |
| 10 years (annualized) | 1.80% | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.01% | -0.88% | 1.19% | |||||||||
| 2023 | -1.78% | -0.59% | 3.84% | 3.42% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
AB Global Bond Fund Class Z(ANAZX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AB Global Bond Fund Class Z (ANAZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AB Global Bond Fund Class Z granted a 3.29% dividend yield in the last twelve months. The annual payout for that period amounted to $0.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.24 | $0.58 | $0.36 | $0.23 | $0.30 | $0.26 | $0.21 | $0.27 | $0.32 | $0.41 | $0.02 |
Dividend yield | 3.29% | 3.43% | 8.61% | 4.33% | 2.62% | 3.51% | 3.13% | 2.52% | 3.26% | 3.97% | 4.92% | 0.26% |
Monthly Dividends
The table displays the monthly dividend distributions for AB Global Bond Fund Class Z. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | |||||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.43 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.22 |
| 2020 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.07 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.12 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2016 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.08 |
| 2015 | $0.02 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.15 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2013 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AB Global Bond Fund Class Z. 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 Global Bond Fund Class Z was 15.99%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current AB Global Bond Fund Class Z drawdown is 8.71%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.99% | Aug 6, 2021 | 306 | Oct 21, 2022 | — | — | — |
| -9.14% | Mar 9, 2020 | 9 | Mar 19, 2020 | 97 | Aug 6, 2020 | 106 |
| -2.98% | Apr 15, 2015 | 40 | Jun 10, 2015 | 181 | Feb 29, 2016 | 221 |
| -2.85% | Sep 8, 2016 | 52 | Nov 18, 2016 | 109 | Apr 28, 2017 | 161 |
| -2.58% | Jan 5, 2021 | 51 | Mar 18, 2021 | 84 | Jul 19, 2021 | 135 |
Volatility
Volatility Chart
The current AB Global Bond Fund Class Z volatility is 1.47%, 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.