AB Unconstrained Bond A
Name
As of 10/08/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-36.2%
1 yr return
-1.9%
3 Yr Avg Return
-2.9%
5 Yr Avg Return
0.0%
Net Assets
$34.8 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.17%
SALES FEES
Front Load 4.25%
Deferred Load N/A
TRADING FEES
Turnover 59.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/08/2020Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AGSAX - Profile
Distributions
- YTD Total Return -36.2%
- 3 Yr Annualized Total Return -4.3%
- 5 Yr Annualized Total Return -0.9%
- Capital Gain Distribution Frequency Daily
- Net Income Ratio 3.26%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAB Unconstrained Bond Fund
-
Fund Family NameAllianceBernstein
-
Inception DateJan 09, 1996
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDouglas Peebles
Fund Description
AGSAX - Performance
Return Ranking - Trailing
Period | AGSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -36.2% | -38.9% | 301.7% | 99.72% |
1 Yr | -1.9% | -30.9% | 18.8% | 84.03% |
3 Yr | -2.9%* | -11.8% | 8.1% | 98.27% |
5 Yr | 0.0%* | -15.5% | 10.9% | 97.04% |
10 Yr | 1.4%* | -1.4% | 11.8% | 94.41% |
* Annualized
Return Ranking - Calendar
Period | AGSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -7.3% | -35.1% | 15.3% | 99.54% |
2022 | -4.3% | -48.0% | 3.1% | 33.78% |
2021 | 1.9% | -14.8% | 11.2% | 43.60% |
2020 | 0.8% | -11.2% | 10.7% | 76.91% |
2019 | -3.2% | -51.1% | 4.8% | 27.61% |
Total Return Ranking - Trailing
Period | AGSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -36.2% | -38.9% | 301.7% | 99.72% |
1 Yr | -6.1% | -33.3% | 18.8% | 92.71% |
3 Yr | -4.3%* | -13.6% | 8.1% | 98.74% |
5 Yr | -0.9%* | -16.5% | 10.9% | 98.61% |
10 Yr | 0.9%* | -1.4% | 11.8% | 96.27% |
* Annualized
Total Return Ranking - Calendar
Period | AGSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -6.9% | -35.1% | 15.3% | 99.38% |
2022 | -2.5% | -48.0% | 8.0% | 32.44% |
2021 | 3.7% | -14.8% | 15.2% | 38.92% |
2020 | 4.3% | -11.2% | 17.7% | 45.80% |
2019 | -0.8% | -51.1% | 5.4% | 20.00% |
NAV & Total Return History
AGSAX - Holdings
Concentration Analysis
AGSAX | Category Low | Category High | AGSAX % Rank | |
---|---|---|---|---|
Net Assets | 34.8 M | 2.71 M | 125 B | 91.18% |
Number of Holdings | 338 | 3 | 7722 | 53.84% |
Net Assets in Top 10 | 102 M | -3.43 B | 29.7 B | 46.72% |
Weighting of Top 10 | N/A | 4.9% | 100.0% | 1.59% |
Top 10 Holdings
- Jpn 10y Bond(Ose) 0% 14/09/2020 120.11%
- Jpn 10y Bond(Ose) 0% 14/09/2020 120.11%
- Jpn 10y Bond(Ose) 0% 14/09/2020 120.11%
- Jpn 10y Bond(Ose) 0% 14/09/2020 120.11%
- Jpn 10y Bond(Ose) 0% 14/09/2020 118.37%
- Jpn 10y Bond(Ose) 0% 14/09/2020 118.37%
- Jpn 10y Bond(Ose) 0% 14/09/2020 118.37%
- Jpn 10y Bond(Ose) 0% 14/09/2020 118.37%
- Jpn 10y Bond(Ose) 0% 14/09/2020 118.37%
- Jpn 10y Bond(Ose) 0% 14/09/2020 118.37%
Asset Allocation
Weighting | Return Low | Return High | AGSAX % Rank | |
---|---|---|---|---|
Cash | 265.94% | -164.01% | 356.79% | 0.70% |
Stocks | 0.91% | -65.68% | 160.07% | 17.70% |
Convertible Bonds | 0.01% | -0.08% | 160.39% | 80.06% |
Preferred Stocks | 0.00% | 0.00% | 28.52% | 85.63% |
Other | 0.00% | -14.86% | 100.67% | 72.52% |
Bonds | -166.86% | -256.79% | 258.37% | 99.59% |
AGSAX - Expenses
Operational Fees
AGSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.17% | 0.01% | 24.26% | 51.66% |
Management Fee | 0.50% | 0.00% | 2.25% | 24.34% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 46.83% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
AGSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.25% | 0.00% | 6.50% | 41.10% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
AGSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.40% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AGSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 59.00% | 0.00% | 493.00% | 35.65% |
AGSAX - Distributions
Dividend Yield Analysis
AGSAX | Category Low | Category High | AGSAX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.00% | 0.00% | 6.28% | 75.56% |
Dividend Distribution Analysis
AGSAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
AGSAX | Category Low | Category High | AGSAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.26% | -1.55% | 18.14% | 61.69% |
Capital Gain Distribution Analysis
AGSAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Daily | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2019 | $0.018 | |
Mar 01, 2019 | $0.018 | |
Feb 01, 2019 | $0.017 | |
Dec 31, 2018 | $0.017 | |
Dec 04, 2018 | $0.016 | |
Nov 02, 2018 | $0.015 | |
Oct 02, 2018 | $0.014 | |
Sep 05, 2018 | $0.013 | |
Aug 02, 2018 | $0.012 | |
Jul 03, 2018 | $0.012 | |
Jun 04, 2018 | $0.012 | |
May 01, 2018 | $0.012 | |
Apr 03, 2018 | $0.013 | |
Mar 02, 2018 | $0.013 | |
Feb 02, 2018 | $0.013 | |
Dec 29, 2017 | $0.013 | |
Dec 04, 2017 | $0.013 | |
Nov 02, 2017 | $0.012 | |
Oct 03, 2017 | $0.012 | |
Sep 05, 2017 | $0.012 | |
Aug 01, 2017 | $0.012 | |
Jul 05, 2017 | $0.012 | |
Jun 02, 2017 | $0.012 | |
May 02, 2017 | $0.014 | |
Apr 04, 2017 | $0.014 | |
Mar 02, 2017 | $0.014 | |
Feb 02, 2017 | $0.015 | |
Jan 04, 2017 | $0.015 | |
Dec 02, 2016 | $0.014 | |
Nov 01, 2016 | $0.014 | |
Oct 04, 2016 | $0.013 | |
Sep 02, 2016 | $0.013 | |
Aug 02, 2016 | $0.013 | |
Jul 05, 2016 | $0.012 | |
Jun 02, 2016 | $0.012 | |
May 03, 2016 | $0.012 | |
Apr 04, 2016 | $0.012 | |
Mar 02, 2016 | $0.011 | |
Feb 02, 2016 | $0.011 | |
Jan 05, 2016 | $0.015 | |
Dec 02, 2015 | $0.020 | |
Nov 03, 2015 | $0.021 | |
Oct 02, 2015 | $0.020 | |
Sep 03, 2015 | $0.020 | |
Aug 04, 2015 | $0.019 | |
Jul 02, 2015 | $0.019 | |
Jun 02, 2015 | $0.017 | |
May 04, 2015 | $0.015 | |
Apr 02, 2015 | $0.013 | |
Mar 03, 2015 | $0.014 | |
Feb 03, 2015 | $0.014 | |
Jan 05, 2015 | $0.013 | |
Dec 02, 2014 | $0.013 | |
Nov 04, 2014 | $0.012 | |
Oct 02, 2014 | $0.012 | |
Sep 03, 2014 | $0.010 | |
Aug 04, 2014 | $0.010 | |
Jun 30, 2014 | $0.012 | |
May 30, 2014 | $0.010 | |
Apr 30, 2014 | $0.009 | |
Mar 31, 2014 | $0.011 | |
Feb 28, 2014 | $0.007 | |
Jan 31, 2014 | $0.004 | |
Dec 31, 2013 | $0.004 | |
Nov 29, 2013 | $0.003 | |
Oct 31, 2013 | $0.005 | |
Sep 30, 2013 | $0.002 | |
Aug 30, 2013 | $0.007 | |
Jul 31, 2013 | $0.008 | |
Jun 28, 2013 | $0.007 | |
May 31, 2013 | $0.011 | |
Apr 30, 2013 | $0.012 | |
Mar 28, 2013 | $0.007 | |
Feb 28, 2013 | $0.004 | |
Jan 31, 2013 | $0.001 | |
Dec 31, 2012 | $0.003 | |
Dec 20, 2012 | $0.008 | |
Nov 20, 2012 | $0.006 | |
Oct 21, 2012 | $0.001 | |
Sep 20, 2012 | $0.002 | |
Aug 20, 2012 | $0.005 | |
Jul 22, 2012 | $0.013 | |
Jun 20, 2012 | $0.014 | |
May 18, 2012 | $0.008 | |
Apr 20, 2012 | $0.008 | |
Mar 20, 2012 | $0.007 | |
Feb 20, 2012 | $0.013 | |
Jan 22, 2012 | $0.007 | |
Dec 31, 2011 | $0.002 | |
Dec 20, 2011 | $0.014 | |
Nov 20, 2011 | $0.015 | |
Oct 20, 2011 | $0.014 | |
Sep 20, 2011 | $0.022 | |
Aug 21, 2011 | $0.030 | |
Jul 20, 2011 | $0.031 | |
Jun 20, 2011 | $0.030 | |
May 22, 2011 | $0.030 | |
Apr 20, 2011 | $0.028 | |
Mar 20, 2011 | $0.018 | |
Feb 21, 2011 | $0.018 | |
Jan 20, 2011 | $0.010 | |
Dec 31, 2010 | $0.007 | |
Dec 20, 2010 | $0.018 | |
Nov 21, 2010 | $0.018 | |
Oct 20, 2010 | $0.015 | |
Sep 20, 2010 | $0.015 | |
Aug 22, 2010 | $0.019 | |
Jul 20, 2010 | $0.016 | |
Jun 20, 2010 | $0.019 | |
May 20, 2010 | $0.018 | |
Apr 20, 2010 | $0.018 | |
Mar 21, 2010 | $0.017 | |
Feb 21, 2010 | $0.020 | |
Jan 20, 2010 | $0.013 | |
Dec 31, 2009 | $0.007 | |
Dec 20, 2009 | $0.021 | |
Nov 22, 2009 | $0.025 | |
Oct 20, 2009 | $0.023 | |
Sep 20, 2009 | $0.027 | |
Aug 20, 2009 | $0.025 | |
Jul 20, 2009 | $0.022 | |
Jun 21, 2009 | $0.024 | |
May 20, 2009 | $0.022 | |
Apr 20, 2009 | $0.022 | |
Mar 22, 2009 | $0.024 | |
Feb 22, 2009 | $0.030 | |
Jan 20, 2009 | $0.018 | |
Dec 31, 2008 | $0.010 | |
Dec 21, 2008 | $0.030 | |
Nov 20, 2008 | $0.031 | |
Oct 20, 2008 | $0.029 | |
Sep 21, 2008 | $0.030 | |
Aug 20, 2008 | $0.029 | |
Jul 20, 2008 | $0.024 | |
Jun 22, 2008 | $0.027 | |
May 20, 2008 | $0.024 | |
Apr 20, 2008 | $0.025 | |
Mar 20, 2008 | $0.029 | |
Feb 20, 2008 | $0.029 | |
Jan 21, 2008 | $0.020 | |
Dec 31, 2007 | $0.012 | |
Dec 20, 2007 | $0.032 | |
Nov 20, 2007 | $0.031 | |
Oct 21, 2007 | $0.037 | |
Sep 20, 2007 | $0.031 | |
Aug 20, 2007 | $0.027 | |
Jul 22, 2007 | $0.029 | |
Jun 20, 2007 | $0.028 | |
May 20, 2007 | $0.022 | |
Apr 22, 2007 | $0.026 | |
Mar 20, 2007 | $0.023 | |
Feb 20, 2007 | $0.024 | |
Jan 21, 2007 | $0.015 | |
Dec 31, 2006 | $0.008 | |
Dec 20, 2006 | $0.022 | |
Nov 20, 2006 | $0.022 | |
Oct 22, 2006 | $0.025 | |
Sep 20, 2006 | $0.024 | |
Aug 20, 2006 | $0.024 | |
Jul 20, 2006 | $0.025 | |
Jun 20, 2006 | $0.023 | |
May 21, 2006 | $0.025 | |
Apr 20, 2006 | $0.023 | |
Mar 20, 2006 | $0.029 | |
Feb 20, 2006 | $0.032 | |
Jan 22, 2006 | $0.021 | |
Dec 27, 2005 | $0.216 | |
Dec 20, 2005 | $0.029 | |
Nov 21, 2005 | $0.032 | |
Oct 20, 2005 | $0.031 | |
Sep 20, 2005 | $0.031 | |
Aug 21, 2005 | $0.033 | |
Jul 20, 2005 | $0.032 | |
Jun 20, 2005 | $0.032 | |
May 22, 2005 | $0.035 | |
Apr 20, 2005 | $0.032 | |
Mar 18, 2005 | $0.028 | |
Feb 21, 2005 | $0.036 | |
Jan 20, 2005 | $0.022 | |
Dec 31, 2004 | $0.013 | |
Dec 20, 2004 | $0.036 | |
Nov 19, 2004 | $0.035 | |
Oct 20, 2004 | $0.041 | |
Sep 20, 2004 | $0.041 | |
Aug 22, 2004 | $0.041 | |
Jul 20, 2004 | $0.041 | |
Jun 20, 2004 | $0.041 | |
May 20, 2004 | $0.041 | |
Apr 20, 2004 | $0.041 | |
Mar 21, 2004 | $0.041 | |
Feb 22, 2004 | $0.041 | |
Jan 20, 2004 | $0.028 | |
Dec 22, 2003 | $0.041 | |
Nov 20, 2003 | $0.041 | |
Oct 20, 2003 | $0.041 | |
Sep 21, 2003 | $0.041 | |
Aug 20, 2003 | $0.041 | |
Jul 20, 2003 | $0.049 | |
Jun 22, 2003 | $0.049 | |
May 20, 2003 | $0.049 | |
Apr 20, 2003 | $0.049 | |
Mar 20, 2003 | $0.049 | |
Feb 20, 2003 | $0.049 | |
Jan 20, 2003 | $0.031 | |
Dec 31, 2002 | $0.017 | |
Dec 20, 2002 | $0.049 | |
Nov 20, 2002 | $0.049 | |
Oct 20, 2002 | $0.049 | |
Sep 20, 2002 | $0.049 | |
Aug 20, 2002 | $0.049 | |
Jul 20, 2002 | $0.049 | |
Jun 20, 2002 | $0.049 | |
May 20, 2002 | $0.049 | |
Apr 20, 2002 | $0.049 | |
Mar 20, 2002 | $0.049 | |
Feb 20, 2002 | $0.049 | |
Jan 20, 2002 | $0.031 | |
Dec 31, 2001 | $0.017 | |
Nov 20, 2001 | $0.066 | |
Oct 20, 2001 | $0.066 | |
Sep 20, 2001 | $0.066 | |
Aug 20, 2001 | $0.073 | |
Jul 20, 2001 | $0.073 | |
Jun 20, 2001 | $0.073 | |
May 20, 2001 | $0.073 | |
Apr 20, 2001 | $0.073 | |
Mar 20, 2001 | $0.077 | |
Feb 20, 2001 | $0.077 | |
Jan 20, 2001 | $0.050 | |
Dec 31, 2000 | $0.027 | |
Dec 20, 2000 | $0.077 | |
Nov 20, 2000 | $0.077 | |
Oct 20, 2000 | $0.077 | |
Sep 20, 2000 | $0.077 | |
Aug 20, 2000 | $0.077 | |
Jul 20, 2000 | $0.077 | |
Jun 20, 2000 | $0.077 | |
May 20, 2000 | $0.077 | |
Apr 20, 2000 | $0.077 | |
Mar 20, 2000 | $0.077 | |
Feb 20, 2000 | $0.077 | |
Jan 20, 2000 | $0.050 | |
Dec 31, 1999 | $0.027 | |
Nov 20, 1999 | $0.077 | |
Oct 20, 1999 | $0.077 | |
Sep 20, 1999 | $0.077 | |
Aug 20, 1999 | $0.077 | |
Jul 20, 1999 | $0.077 | |
Jun 20, 1999 | $0.077 | |
May 20, 1999 | $0.077 | |
Apr 20, 1999 | $0.077 | |
Mar 20, 1999 | $0.077 | |
Feb 20, 1999 | $0.082 | |
Jan 20, 1999 | $0.053 | |
Dec 31, 1998 | $0.029 | |
Dec 20, 1998 | $0.082 | |
Nov 20, 1998 | $0.082 | |
Oct 20, 1998 | $0.082 | |
Sep 20, 1998 | $0.082 | |
Aug 20, 1998 | $0.082 | |
Jul 20, 1998 | $0.082 | |
Jun 20, 1998 | $0.082 | |
May 20, 1998 | $0.082 |
AGSAX - Fund Manager Analysis
Managers
Douglas Peebles
Start Date
Tenure
Tenure Rank
Jan 09, 1996
24.74
24.7%
Douglas J. Peebles is the Chief Investment Officer of AB Fixed Income and a Partner of the firm. As CIO, he is also Co-Chairman of the Interest Rates and Currencies Research Review team. Since joining AB in 1987, Peebles has held several leadership positions, including director of Global Fixed Income (1997–2004), co-head of AB Fixed Income (2004–2008) and Head of Fixed Income (2008–2016). He holds a BA from Muhlenberg College and an MBA from Rutgers University. Location: New York Mr. Peebles is expected to retire from the AllianceBernstein L.P. effective December 30, 2020.
Dimitri Silva
Start Date
Tenure
Tenure Rank
Feb 01, 2015
5.67
5.7%
Portfolio Manager—US and Global Multi-Sector Dimitri Silva is a Vice President and Portfolio Manager at AllianceBernstein. He is a member of the US Multi-Sector, Global Multi-Sector and Fixed Income Absolute Return portfolio-management teams. Silva specializes in global interest-rate strategies, including inflation-linked strategies, as a member of our Rates and Currency Research Review team. He joined the firm in 2007 as an associate portfolio manager. Silva holds a BS (summa cum laude) in mathematics/physics and chemistry from The College of Idaho. He is a CFA charterholder and a member of the New York Society of Security Analysts. Location: New York
Scott DiMaggio
Start Date
Tenure
Tenure Rank
Jan 29, 2016
4.67
4.7%
Scott DiMaggio is Senior Vice President and Director of both Global Fixed Income and Canada Fixed Income and Co-Head of Fixed Income at AB. Before joining the firm in 1999, DiMaggio was a risk management market analyst at Santander Investment Securities. He also held positions as a senior consultant at Ernst & Young and Andersen Consulting. DiMaggio holds a BS in business administration from the State University of New York, Albany, and an MS in finance from Baruch College. He is a member of the Global Association of Risk Professionals and a CFA charterholder. Location: New York
Gershon Distenfeld
Start Date
Tenure
Tenure Rank
Jan 29, 2016
4.67
4.7%
Gershon M. Distenfeld is a Senior Vice President and Director of Credit at AB, responsible for overseeing the investment strategy and management of all investment-grade and high-yield corporate bond portfolios and associated portfolio-management teams and Co-Head of Fixed Income. Strategies under his purview span the credit and risk spectrum, from short-duration investment-grade corporate bond portfolios to regional and global high-yield portfolios, encompassing a range of investment approaches, objectives and alpha targets, from income-oriented buy-and-hold strategies to active multi-sector total return strategies, and including both publicly traded securities and private placements in developed and emerging markets. Distenfeld is also a Partner of the firm. He co-manages AB’s multiple-award-winning High Income Fund, named “Best Fund over 10 Years” by Lipper from 2012 to 2015, and the multiple-award-winning Global High Yield and American Income portfolios, flagship fixed-income funds on the firm’s Luxembourg-domiciled fund platform for non-US investors. Distenfeld also designed and is one of the lead portfolio managers for AB’s Multi-Sector Credit Strategy, which invests across investment-grade and high-yield credit sectors globally. He is the author of a number of published papers, including one on high-yield bonds being attractive substitutes for equities and another on the often-misunderstood differences between high-yield bonds and loans. His blog “High Yield Won’t Bubble Over” (January 2013) is one of AB’s all-time most-read blogs. Distenfeld joined AB in 1998 as a fixed-income business analyst, and served as a high-yield trader (1999–2002) and high-yield portfolio manager (2002–2006) before being named director of High Yield in 2006. He began his career as an operations analyst supporting Emerging Markets Debt at Lehman Brothers. Distenfeld holds a BS in finance from the Sy Syms School of Business at Yeshiva University, and is a CFA charterholder. Location: New York
John Taylor
Start Date
Tenure
Tenure Rank
Jan 29, 2016
4.67
4.7%
John Taylor Portfolio Manager—Global Multi-Sector John Taylor is a Senior Vice President and Portfolio Manager at AllianceBernstein , and a member of the Global Fixed Income, Absolute Return, UK Fixed Income, Euro Fixed Income and Emerging Market Debt portfolio-management teams. As a member of the Absolute Return portfolio-management team, he is also the Lead Portfolio Manager for the Diversified Yield Plus Strategy. Taylor holds a BSc (Hons) in economics from the University of Kent.Mr. Taylor also serves as a member of the Emerging Market Debt Research Review team. Mr. Taylor has been with AllianceBernstein for eighteen years. Location: London
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 29.4 | 5.5 | 1.53 |