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AB Income Z (ACGZX)

6.21 +0.02 (+0.32%)
At close: April 26 at 8:00 PM EDT

Fund Summary

The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets in income-producing securities. It also normally invests at least 65% of its total assets in securities of U.S. and foreign governments, their agencies or instrumentalities and repurchase agreements relating to U.S. government securities. The fund normally invests at least 65% of its total assets in U.S. dollar-denominated securities.

AB Income Z

NEW YORK NY 10105
1345 AVENUE OF THE AMERICAS
2129691000

Fund Overview

Category Intermediate Core-Plus Bond
Fund Family AllianceBernstein
Net Assets 2.63B
YTD Return -0.40%
Yield 4.91%
Morningstar Rating
Inception Date Apr 21, 2016

Fund Operations

Last Dividend 0.08
Last Cap Gain -38.00
Holdings Turnover 231.00%
Average for Category --

Fees & Expenses

Expense ACGZX Category Average
Annual Report Expense Ratio (net) 1.81% 0.75%
Prospectus Net Expense Ratio 1.81% --
Prospectus Gross Expense Ratio 1.86% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 3.74%
Max Deferred Sales Load -- 1.41%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Will Smith is a Senior Vice President and Director of US High Yield Credit, one of the lead portfolio managers for multi-sector credit strategy. He is also a member of the High Income Portfolio Management Team. Mr. Smith joined AB in 2012 and spent 2014 in London as part of the European High Yield Portfolio Management Team. He started his career with UBS Investment Bank in 2009, working first as an analyst with the Credit Risk team and then later on the Fixed Income sales and trading desk. Mr. Smith holds a BA in economics from Boston College and is a CFA charterholder.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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