AB Global Risk Allocation Fund (CABNX)
The fund invests dynamically in a number of global asset classes, including equity/credit, fixed-income, and inflation-sensitive instruments. Equity securities will comprise no more than 75% of the fund's investments. The fund may invest in fixed-income securities with a range of maturities from short- to long-term. It may invest up to 20% of its assets in high-yield securities.
Fund Info
| ISIN | US0185251057 |
|---|---|
| CUSIP | 018525105 |
| Issuer | AllianceBernstein |
| Inception Date | Jun 7, 1932 |
| Category | Tactical Allocation |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
CABNX has a high expense ratio of 1.29%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AB Global Risk Allocation Fund, 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 Risk Allocation Fund had a return of -0.68% year-to-date (YTD) and 2.60% in the last 12 months. Over the past 10 years, AB Global Risk Allocation Fund had an annualized return of 3.88%, while the S&P 500 had an annualized return of 10.37%, indicating that AB Global Risk Allocation Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.68% | 5.57% |
| 1 month | -3.36% | -4.16% |
| 6 months | 9.18% | 20.07% |
| 1 year | 2.60% | 20.82% |
| 5 years (annualized) | 4.57% | 11.56% |
| 10 years (annualized) | 3.88% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.19% | 0.31% | 2.65% | |||||||||
| 2023 | -2.22% | 5.28% | 4.41% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of CABNX is 13, indicating that it is in the bottom 13% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
AB Global Risk Allocation Fund(CABNX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AB Global Risk Allocation Fund (CABNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AB Global Risk Allocation Fund granted a 1.40% dividend yield in the last twelve months. The annual payout for that period amounted to $0.23 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.23 | $0.23 | $1.31 | $1.80 | $0.55 | $0.23 | $0.09 | $0.52 | $0.84 | $0.01 | $1.82 | $0.32 |
Dividend yield | 1.40% | 1.39% | 8.47% | 9.67% | 3.02% | 1.32% | 0.60% | 3.16% | 5.53% | 0.06% | 11.76% | 1.96% |
Monthly Dividends
The table displays the monthly dividend distributions for AB Global Risk Allocation Fund. 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 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.31 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.80 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.84 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.82 |
| 2013 | $0.06 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 |
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 Risk Allocation Fund. 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 Risk Allocation Fund was 43.79%, occurring on Nov 20, 2008. Recovery took 795 trading sessions.
The current AB Global Risk Allocation Fund drawdown is 6.16%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.79% | Oct 10, 2007 | 282 | Nov 20, 2008 | 795 | Jan 19, 2012 | 1077 |
| -37.64% | Aug 18, 1987 | 79 | Dec 4, 1987 | 1371 | Mar 8, 1993 | 1450 |
| -24.51% | Jan 21, 2020 | 41 | Mar 18, 2020 | 112 | Aug 26, 2020 | 153 |
| -22.54% | May 22, 2001 | 344 | Oct 9, 2002 | 268 | Nov 3, 2003 | 612 |
| -15.46% | Apr 16, 2015 | 209 | Feb 11, 2016 | 302 | Apr 25, 2017 | 511 |
Volatility
Volatility Chart
The current AB Global Risk Allocation Fund volatility is 2.59%, 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.