AB Government Money Market Portfolio
Fund
AECXX
Price as of:
$1.00
- $0.00
- 0.00%
Primary Theme
fund company
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
1.3%
1 yr return
5.2%
3 Yr Avg Return
2.4%
5 Yr Avg Return
2.2%
Net Assets
$268 M
Holdings in Top 10
47.2%
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Money Market Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
AECXX - Profile
Distributions
- YTD Total Return 1.3%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 2.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.05%
- Dividend Yield 4.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAB Government Money Market Portfolio
-
Fund Family NameALLIANCEBE
-
Inception DateNov 10, 2017
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
The Portfolio is a “money market fund” that seeks to maintain a stable net asset value, or NAV, of $1.00 per share although there is no guarantee that the Portfolio will maintain a NAV of $1.00 per share.
The Portfolio invests at least 99.5% of its total assets in cash, marketable obligations (which may bear adjustable rates of interest) issued or guaranteed by the U.S. Government, its agencies or instrumentalities (“U.S. Government securities”) and repurchase agreements that are collateralized fully. Collateralized fully means collateralized by cash or government securities.
The Portfolio also invests at least 80%, and normally substantially all, of its net assets in U.S. Government securities and repurchase agreements that are collateralized by U.S. Government securities. This policy may not be changed without 60 days’ prior written notice to shareholders.
As a money market fund, the Portfolio must meet the requirements of Securities and Exchange Commission (“SEC”) Rule 2a‑7. The Rule imposes strict conditions on the investment quality, maturity, diversification, and liquidity of the Portfolio’s investments. Among other things, Rule 2a‑7 requires that the Portfolio’s investments have (i) a remaining maturity of no more than 397 days unless otherwise permitted by Rule 2a‑7, (ii) a dollar weighted average maturity of no more than 60 days, and (iii) a dollar weighted average life to maturity of no more than 120 days. Currently, Rule 2a‑7 imposes liquidity standards that require the Portfolio to hold at least 10% and 30% of its total assets in daily liquid assets and weekly liquid assets, respectively, as defined in Rule 2a‑7. Rule 2a‑7 also limits the Portfolio’s investments in illiquid securities to 5% of its total assets. On July 12, 2023, the SEC adopted amendments to Rule 2a‑7 (“Money Market Fund Reforms”) that, among other things, will increase the minimum liquidity standards to require the Portfolio to hold at least 25% and 50% of its total assets in daily liquid assets and weekly liquid assets, respectively, as defined in Rule 2a‑7. These increased liquidity requirements apply to the Portfolio beginning on April 2, 2024.
The Portfolio may also invest in when-issued securities related to the types of securities in which it is permitted to invest and the securities of other money market funds to the extent permitted under the Investment Company Act of 1940, as amended.
AECXX - Performance
Return Ranking - Trailing
Period | AECXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | 0.0% | 1.8% | 23.08% |
1 Yr | 5.2% | 0.5% | 5.7% | 17.04% |
3 Yr | 2.4%* | 0.7% | 2.6% | 20.87% |
5 Yr | 2.2%* | 0.6% | 110.5% | 3.58% |
10 Yr | N/A* | 0.3% | 32.0% | 28.43% |
* Annualized
Return Ranking - Calendar
Period | AECXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.0% | -0.1% | 5.0% | 11.44% |
2022 | 0.0% | 0.0% | 1.2% | 11.45% |
2021 | 0.0% | 0.0% | 0.0% | 11.56% |
2020 | 0.0% | 0.0% | 0.4% | 12.35% |
2019 | 0.0% | 0.0% | 2.0% | 11.96% |
Total Return Ranking - Trailing
Period | AECXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | 0.0% | 1.8% | 23.08% |
1 Yr | 5.2% | 0.5% | 5.7% | 17.04% |
3 Yr | 2.4%* | 0.7% | 2.6% | 20.87% |
5 Yr | 2.2%* | 0.6% | 110.5% | 3.58% |
10 Yr | N/A* | 0.3% | 32.0% | 28.43% |
* Annualized
Total Return Ranking - Calendar
Period | AECXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.3% | 0.8% | 5.9% | 16.67% |
2022 | 1.4% | 0.0% | 1.8% | 23.66% |
2021 | 0.0% | 0.0% | 1.9% | 47.31% |
2020 | 0.5% | 0.0% | 3.0% | 15.29% |
2019 | 3.8% | 0.0% | 3797.9% | 3.99% |
NAV & Total Return History
AECXX - Holdings
Concentration Analysis
AECXX | Category Low | Category High | AECXX % Rank | |
---|---|---|---|---|
Net Assets | 268 M | 818 K | 211 B | 59.14% |
Number of Holdings | 76 | 1 | 346 | 31.12% |
Net Assets in Top 10 | 5.85 B | -343 K | 163 B | 51.07% |
Weighting of Top 10 | 47.19% | 22.7% | 100.0% | 85.33% |
Top 10 Holdings
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
- Deliverable Repo - Federal Reserve Baank Of New York 18.01%
Asset Allocation
Weighting | Return Low | Return High | AECXX % Rank | |
---|---|---|---|---|
Cash | 66.05% | 25.56% | 100.00% | 90.05% |
Bonds | 33.95% | 0.00% | 74.44% | 10.43% |
Stocks | 0.00% | 0.00% | 0.00% | 10.66% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 10.66% |
Other | 0.00% | -1.67% | 0.04% | 10.90% |
Convertible Bonds | 0.00% | 0.00% | 21.22% | 17.77% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AECXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 66.05% | 0.00% | 100.00% | 88.63% |
Government | 33.95% | 0.00% | 44.01% | 8.29% |
Derivative | 0.00% | 0.00% | 0.00% | 9.48% |
Securitized | 0.00% | 0.00% | 1.75% | 12.80% |
Corporate | 0.00% | 0.00% | 100.00% | 27.25% |
Municipal | 0.00% | 0.00% | 22.71% | 15.88% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AECXX % Rank | |
---|---|---|---|---|
US | 33.95% | 0.00% | 72.86% | 10.43% |
Non US | 0.00% | 0.00% | 3.41% | 12.09% |
AECXX - Expenses
Operational Fees
AECXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.08% | 4.53% | 10.02% |
Management Fee | 0.20% | 0.03% | 0.50% | 70.62% |
12b-1 Fee | 0.75% | 0.00% | 1.00% | 91.48% |
Administrative Fee | N/A | 0.01% | 0.55% | N/A |
Sales Fees
AECXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 4.00% | 20.00% |
Trading Fees
AECXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | 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.
AECXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 485.00% | N/A |
AECXX - Distributions
Dividend Yield Analysis
AECXX | Category Low | Category High | AECXX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.92% | 0.00% | 5.54% | 18.25% |
Dividend Distribution Analysis
AECXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
AECXX | Category Low | Category High | AECXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.05% | -1.09% | 1.67% | 4.40% |
Capital Gain Distribution Analysis
AECXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.004 | OrdinaryDividend |
Jan 31, 2024 | $0.004 | DailyAccrualFund |
Dec 29, 2023 | $0.004 | DailyAccrualFund |
Nov 30, 2023 | $0.004 | DailyAccrualFund |
Oct 31, 2023 | $0.004 | DailyAccrualFund |
Sep 29, 2023 | $0.004 | DailyAccrualFund |
Aug 31, 2023 | $0.004 | DailyAccrualFund |
Jul 31, 2023 | $0.004 | DailyAccrualFund |
Jun 30, 2023 | $0.004 | DailyAccrualFund |
May 31, 2023 | $0.004 | DailyAccrualFund |
Apr 28, 2023 | $0.004 | DailyAccrualFund |
Mar 31, 2023 | $0.004 | DailyAccrualFund |
Feb 28, 2023 | $0.003 | DailyAccrualFund |
Jan 31, 2023 | $0.003 | DailyAccrualFund |
Dec 30, 2022 | $0.003 | DailyAccrualFund |
Nov 30, 2022 | $0.003 | DailyAccrualFund |
Oct 31, 2022 | $0.002 | DailyAccrualFund |
Sep 30, 2022 | $0.002 | DailyAccrualFund |
Aug 31, 2022 | $0.002 | DailyAccrualFund |
Jul 29, 2022 | $0.001 | DailyAccrualFund |
Jun 30, 2022 | $0.001 | DailyAccrualFund |
Dec 31, 2021 | $0.000 | DailyAccrualFund |
Jul 31, 2020 | $0.000 | DailyAccrualFund |
Jun 30, 2020 | $0.000 | DailyAccrualFund |
May 29, 2020 | $0.000 | DailyAccrualFund |
Apr 30, 2020 | $0.000 | DailyAccrualFund |
Mar 31, 2020 | $0.001 | DailyAccrualFund |
Feb 28, 2020 | $0.001 | DailyAccrualFund |
Jan 31, 2020 | $0.001 | DailyAccrualFund |
Dec 31, 2019 | $0.001 | DailyAccrualFund |
Nov 29, 2019 | $0.001 | DailyAccrualFund |
Oct 31, 2019 | $0.002 | DailyAccrualFund |
Sep 30, 2019 | $0.002 | DailyAccrualFund |
Aug 30, 2019 | $0.002 | DailyAccrualFund |
Jul 31, 2019 | $0.002 | DailyAccrualFund |
Jun 28, 2019 | $0.017 | DailyAccrualFund |
May 31, 2019 | $0.002 | DailyAccrualFund |
Apr 30, 2019 | $0.002 | DailyAccrualFund |
Mar 29, 2019 | $0.002 | DailyAccrualFund |
Feb 28, 2019 | $0.002 | DailyAccrualFund |
Jan 31, 2019 | $0.002 | DailyAccrualFund |
Dec 31, 2018 | $0.002 | DailyAccrualFund |
Nov 30, 2018 | $0.002 | DailyAccrualFund |
Oct 31, 2018 | $0.002 | DailyAccrualFund |
Aug 31, 2018 | $0.002 | DailyAccrualFund |
Jul 31, 2018 | $0.001 | DailyAccrualFund |
Jun 29, 2018 | $0.001 | DailyAccrualFund |
May 31, 2018 | $0.001 | DailyAccrualFund |
Apr 30, 2018 | $0.001 | DailyAccrualFund |
Apr 01, 2018 | $0.001 | DailyAccrualFund |
Feb 28, 2018 | $0.001 | DailyAccrualFund |
Jan 31, 2018 | $0.001 | DailyAccrualFund |
Dec 31, 2017 | $0.001 | DailyAccrualFund |
Nov 30, 2017 | $0.000 | DailyAccrualFund |
Oct 31, 2017 | $0.000 | DailyAccrualFund |
Sep 29, 2017 | $0.000 | DailyAccrualFund |
Aug 31, 2017 | $0.000 | DailyAccrualFund |
Jul 31, 2017 | $0.000 | DailyAccrualFund |
Jul 02, 2017 | $0.000 | DailyAccrualFund |
May 31, 2017 | $0.000 | DailyAccrualFund |
Apr 30, 2017 | $0.000 | DailyAccrualFund |
Apr 02, 2017 | $0.000 | DailyAccrualFund |
Jan 31, 2017 | $0.000 | DailyAccrualFund |
Jul 31, 2016 | $0.000 | DailyAccrualFund |
Jun 30, 2016 | $0.000 | DailyAccrualFund |
May 31, 2016 | $0.000 | DailyAccrualFund |
May 01, 2016 | $0.000 | DailyAccrualFund |
Mar 31, 2016 | $0.000 | DailyAccrualFund |
Feb 29, 2016 | $0.000 | DailyAccrualFund |
Jan 31, 2016 | $0.000 | DailyAccrualFund |
Dec 31, 2015 | $0.000 | DailyAccrualFund |
Nov 30, 2015 | $0.000 | DailyAccrualFund |
Oct 30, 2015 | $0.000 | DailyAccrualFund |
Sep 30, 2015 | $0.000 | DailyAccrualFund |
Aug 31, 2015 | $0.000 | DailyAccrualFund |
Jul 31, 2015 | $0.000 | DailyAccrualFund |
Jun 30, 2015 | $0.000 | DailyAccrualFund |
May 29, 2015 | $0.000 | DailyAccrualFund |
May 31, 2013 | $0.000 | DailyAccrualFund |
Apr 30, 2013 | $0.000 | DailyAccrualFund |
Mar 28, 2013 | $0.000 | DailyAccrualFund |
Feb 28, 2013 | $0.000 | DailyAccrualFund |
Jan 31, 2013 | $0.000 | DailyAccrualFund |
Dec 20, 2012 | $0.000 | DailyAccrualFund |
Nov 20, 2012 | $0.000 | DailyAccrualFund |
Oct 21, 2012 | $0.000 | DailyAccrualFund |
Sep 20, 2012 | $0.000 | DailyAccrualFund |
Aug 20, 2012 | $0.000 | DailyAccrualFund |
Jul 22, 2012 | $0.000 | DailyAccrualFund |
Jun 20, 2012 | $0.000 | DailyAccrualFund |
May 18, 2012 | $0.000 | DailyAccrualFund |
Apr 20, 2012 | $0.000 | DailyAccrualFund |
Mar 20, 2012 | $0.000 | DailyAccrualFund |
Feb 20, 2012 | $0.000 | DailyAccrualFund |
Jan 22, 2012 | $0.000 | DailyAccrualFund |
Dec 20, 2011 | $0.000 | DailyAccrualFund |
Nov 20, 2011 | $0.000 | DailyAccrualFund |
Oct 20, 2011 | $0.000 | DailyAccrualFund |
Mar 22, 2009 | $0.000 | DailyAccrualFund |
Feb 22, 2009 | $0.001 | DailyAccrualFund |
Jan 20, 2009 | $0.000 | DailyAccrualFund |
Dec 31, 2008 | $0.000 | OrdinaryDividend |
Dec 21, 2008 | $0.001 | DailyAccrualFund |
Nov 20, 2008 | $0.001 | DailyAccrualFund |
Oct 20, 2008 | $0.001 | DailyAccrualFund |
Sep 21, 2008 | $0.001 | DailyAccrualFund |
Aug 20, 2008 | $0.001 | DailyAccrualFund |
Jul 20, 2008 | $0.001 | DailyAccrualFund |
Jun 22, 2008 | $0.001 | DailyAccrualFund |
May 20, 2008 | $0.001 | DailyAccrualFund |
Apr 20, 2008 | $0.002 | DailyAccrualFund |
Mar 20, 2008 | $0.002 | DailyAccrualFund |
Feb 20, 2008 | $0.003 | DailyAccrualFund |
Jan 21, 2008 | $0.002 | DailyAccrualFund |
Dec 20, 2007 | $0.003 | DailyAccrualFund |
Nov 20, 2007 | $0.003 | DailyAccrualFund |
Oct 21, 2007 | $0.004 | DailyAccrualFund |
Sep 20, 2007 | $0.004 | DailyAccrualFund |
Aug 20, 2007 | $0.003 | DailyAccrualFund |
Jul 22, 2007 | $0.004 | DailyAccrualFund |
Jun 20, 2007 | $0.004 | DailyAccrualFund |
May 20, 2007 | $0.003 | DailyAccrualFund |
Apr 22, 2007 | $0.004 | DailyAccrualFund |
Mar 20, 2007 | $0.003 | DailyAccrualFund |
Feb 20, 2007 | $0.004 | DailyAccrualFund |
Jan 21, 2007 | $0.002 | DailyAccrualFund |
Dec 31, 2006 | $0.001 | OrdinaryDividend |
Dec 20, 2006 | $0.004 | DailyAccrualFund |
Nov 20, 2006 | $0.003 | DailyAccrualFund |
Oct 22, 2006 | $0.004 | DailyAccrualFund |
Sep 20, 2006 | $0.004 | DailyAccrualFund |
Aug 20, 2006 | $0.004 | DailyAccrualFund |
Jul 20, 2006 | $0.003 | DailyAccrualFund |
Jun 20, 2006 | $0.003 | DailyAccrualFund |
May 21, 2006 | $0.003 | DailyAccrualFund |
Apr 20, 2006 | $0.003 | DailyAccrualFund |
Mar 20, 2006 | $0.003 | DailyAccrualFund |
Feb 20, 2006 | $0.003 | DailyAccrualFund |
Jan 22, 2006 | $0.002 | DailyAccrualFund |
Dec 20, 2005 | $0.002 | DailyAccrualFund |
Nov 21, 2005 | $0.002 | DailyAccrualFund |
Oct 20, 2005 | $0.002 | DailyAccrualFund |
Sep 20, 2005 | $0.002 | DailyAccrualFund |
Aug 21, 2005 | $0.002 | DailyAccrualFund |
Jul 20, 2005 | $0.002 | DailyAccrualFund |
Jun 20, 2005 | $0.002 | DailyAccrualFund |
May 22, 2005 | $0.002 | DailyAccrualFund |
Apr 20, 2005 | $0.002 | DailyAccrualFund |
Mar 18, 2005 | $0.001 | DailyAccrualFund |
Feb 21, 2005 | $0.001 | DailyAccrualFund |
Jan 20, 2005 | $0.001 | DailyAccrualFund |
Dec 31, 2004 | $0.000 | DailyAccrualFund |
Dec 20, 2004 | $0.001 | DailyAccrualFund |