Continue to site >
Trending ETFs

Name

As of 03/18/2024

Price

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

$8.84

$105 M

4.12%

$0.36

2.36%

Vitals

YTD Return

0.1%

1 yr return

3.9%

3 Yr Avg Return

-0.7%

5 Yr Avg Return

0.6%

Net Assets

$105 M

Holdings in Top 10

28.6%

52 WEEK LOW AND HIGH

$8.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.36%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 163.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/18/2024

Price

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

$8.84

$105 M

4.12%

$0.36

2.36%

SHUCX - Profile

Distributions

  • YTD Total Return 0.1%
  • 3 Yr Annualized Total Return -0.7%
  • 5 Yr Annualized Total Return 0.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.53%
DIVIDENDS
  • Dividend Yield 4.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AB Short Duration Income Portfolio
  • Fund Family Name
    ALLIANCEBE
  • Inception Date
    Dec 12, 2018
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Scott DiMaggio

Fund Description

The Fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets, including any borrowings for investment purposes, in income-producing securities. The Fund also normally invests at least 65% of its total assets in investment grade debt securities of various types. Under normal circumstances, the Fund will typically maintain a dollar-weighted average duration of less than three years, although it may invest in securities of any duration or maturity.
The Fund may invest in non-government fixed-income securities, including corporate debt securities, non-government mortgage-backed and other asset-backed securities, certificates of deposit and commercial paper. The Fund also invests in securities of U.S. and foreign governments and their agencies and instrumentalities (including mortgage-backed securities), derivatives related to such securities, and repurchase agreements relating to U.S. Government securities. The Fund may invest up to 35% of its net assets in below investment grade securities (commonly known as “junk bonds”). The Fund’s investments in foreign securities may include both government and corporate securities, and securities of emerging market countries or of issuers in emerging markets.
The Adviser selects securities for purchase or sale based on its assessment of the securities’ risks and return characteristics as well as the securities’ impact on the overall risks and return characteristics of the Fund. In making this assessment, the Adviser takes into account various factors, including the credit quality and sensitivity to interest rates of the securities under consideration and of the Fund’s other holdings.
The Fund may utilize derivatives, such as options, futures contracts, forwards and swaps. The Fund may, for example, use interest rate futures contracts and swaps to establish exposure to the fixed-income markets or particular fixed-income securities. Derivatives may provide a more efficient and economical exposure to market segments than direct investments, and may also be a more efficient way to alter the Fund’s exposure. The Fund may also enter into transactions such as reverse repurchase agreements that are similar to borrowings for investment purposes. The Fund’s use of derivatives and these borrowing transactions may create aggregate exposure that is substantially in excess of its net assets, effectively leveraging the Fund.
The Adviser may hedge the foreign currency exposure resulting from the Fund’s security positions, and may take long or short positions in currencies, through the use of currency-related derivatives.
Read More

SHUCX - Performance

Return Ranking - Trailing

Period SHUCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -2.5% 9.1% 70.81%
1 Yr 3.9% -1.6% 23.6% 58.30%
3 Yr -0.7%* -6.1% 4.0% 82.78%
5 Yr 0.6%* -3.9% 4.5% 88.34%
10 Yr N/A* -19.2% 169.6% N/A

* Annualized

Return Ranking - Calendar

Period SHUCX Return Category Return Low Category Return High Rank in Category (%)
2023 1.7% -5.4% 7.6% 55.52%
2022 -9.9% -17.7% -2.6% 90.42%
2021 -3.8% -4.0% 4.4% 99.81%
2020 -0.7% -8.3% 7.6% 94.55%
2019 1.8% -2.3% 9.3% 58.03%

Total Return Ranking - Trailing

Period SHUCX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.1% -2.5% 9.1% 70.81%
1 Yr 3.9% -1.6% 23.6% 58.30%
3 Yr -0.7%* -6.1% 4.0% 82.78%
5 Yr 0.6%* -3.9% 4.5% 88.34%
10 Yr N/A* -19.2% 169.6% N/A

* Annualized

Total Return Ranking - Calendar

Period SHUCX Return Category Return Low Category Return High Rank in Category (%)
2023 6.0% -1.1% 15.2% 36.71%
2022 -7.5% -17.3% -1.3% 91.71%
2021 -0.7% -2.7% 7.7% 74.52%
2020 2.3% -4.4% 14.5% 94.16%
2019 6.6% 0.6% 12.6% 8.63%

NAV & Total Return History


SHUCX - Holdings

Concentration Analysis

SHUCX Category Low Category High SHUCX % Rank
Net Assets 105 M 14.1 K 58.8 B 87.30%
Number of Holdings 513 2 9721 40.07%
Net Assets in Top 10 31 M 1.16 M 6.6 B 85.51%
Weighting of Top 10 28.63% 1.8% 108.7% 41.86%

Top 10 Holdings

  1. United States Treasury Note/Bond 3.96%
  2. United States Treasury Note/Bond 3.71%
  3. United States Treasury Note/Bond 3.58%
  4. United States Treasury Note/Bond 3.37%
  5. United States Treasury Note/Bond 3.01%
  6. United States Treasury Note/Bond 2.86%
  7. United States Treasury Note/Bond 2.55%
  8. United States Treasury Note/Bond 2.50%
  9. United States Treasury Note/Bond 1.60%
  10. United States Treasury Note/Bond 1.50%

Asset Allocation

Weighting Return Low Return High SHUCX % Rank
Bonds
92.10% 0.00% 130.68% 38.28%
Other
5.92% -0.97% 72.36% 47.94%
Convertible Bonds
2.21% 0.00% 27.71% 51.79%
Cash
1.98% -20.59% 62.18% 56.53%
Stocks
0.00% 0.00% 103.64% 54.03%
Preferred Stocks
0.00% 0.00% 21.82% 45.08%

Bond Sector Breakdown

Weighting Return Low Return High SHUCX % Rank
Government
49.24% 0.00% 73.63% 13.44%
Corporate
12.00% 0.00% 100.00% 91.22%
Securitized
9.10% 0.00% 97.27% 87.10%
Cash & Equivalents
1.37% 0.00% 62.18% 58.32%
Municipal
0.00% 0.00% 17.46% 73.66%
Derivative
-0.22% -0.55% 24.84% 94.99%

Bond Geographic Breakdown

Weighting Return Low Return High SHUCX % Rank
US
91.50% 0.00% 130.68% 38.28%
Non US
0.60% 0.00% 83.16% 15.03%

SHUCX - Expenses

Operational Fees

SHUCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.36% 0.01% 3.24% 1.08%
Management Fee 0.35% 0.00% 1.19% 56.71%
12b-1 Fee 1.00% 0.00% 1.00% 88.32%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

SHUCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 1.00% 0.50% 4.00% 32.79%

Trading Fees

SHUCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

SHUCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 163.00% 2.00% 500.00% 81.60%

SHUCX - Distributions

Dividend Yield Analysis

SHUCX Category Low Category High SHUCX % Rank
Dividend Yield 4.12% 0.00% 10.35% 27.91%

Dividend Distribution Analysis

SHUCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

SHUCX Category Low Category High SHUCX % Rank
Net Income Ratio 1.53% -1.27% 4.98% 28.70%

Capital Gain Distribution Analysis

SHUCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

SHUCX - Fund Manager Analysis

Managers

Scott DiMaggio


Start Date

Tenure

Tenure Rank

Oct 19, 2018

3.62

3.6%

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

Matthew Sheridan


Start Date

Tenure

Tenure Rank

Oct 19, 2018

3.62

3.6%

Matthew Sheridan is a Senior Vice President and Portfolio Manager at AB, primarily focusing on the Global Multi-Sector Strategy portfolios. He is a member of the Global Fixed Income, Global High Income and Emerging Market Debt portfolio-management teams. Additionally, Sheridan is a member of the Rates and Currency Research Review team and the Emerging Market Debt Research Review team. He joined AB in 1998 and previously worked in the firm’s Structured Asset Securities Group. Sheridan holds a BS in finance from Syracuse University. He is a CFA charterholder. Location: New York

Gershon Distenfeld


Start Date

Tenure

Tenure Rank

Oct 19, 2018

3.62

3.6%

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

Fahd Malik


Start Date

Tenure

Tenure Rank

Jan 20, 2022

0.36

0.4%

Fahd Malik is a Portfolio Manager on the fixed income team, focusing primarily on Income Strategies. Prior to taking on this role, he served as a portfolio manager for AB’s Absolute Return fund. Malik joined the firm in 2006 and has extensive experience in systematic, market neutral, risk-mitigating and derivative strategies. He holds a BS in electrical and computer engineering from The Cooper Union for the Advancement of Science and Art and an MS in mathematics in finance from the Courant Institute of Mathematical Sciences at New York University. Location: New York

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.11 2.41