MRKCX: AB All Market Income C - MutualFunds.com

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MRKCX AB All Market Income C

  • Fund
  • MRKCX
  • Price as of: Oct 11, 2019
  • $9.86 + $0.05 + 0.51%

MRKCX - Profile

Vitals

  • YTD Return 10.5%
  • 3 Yr Annualized Return -0.8%
  • 5 Yr Annualized Return N/A
  • Net Assets $103 M
  • Holdings in Top 10 12.2%

52 WEEK LOW AND HIGH

$9.86
$8.80
$9.91

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.13%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 74.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return 11.2%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.11%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name AB All Market Income Portfolio
  • Fund Family Name AllianceBernstein
  • Inception Date Dec 18, 2014
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Daniel J. Loewy

Fund Description

The Adviser will allocate the fund's investments primarily among a broad range of income-producing securities, including common stock of companies that regularly pay dividends (including real estate investment trusts), debt securities (including high-yield debt securities, also known as "junk bonds"), preferred stocks, and derivatives related to these types of securities. The Adviser intends to utilize a variety of derivatives in its management of the fund.

MRKCX - Performance

Return Ranking - Trailing

Period MRKCX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% 0.6% 17.8% 17.98%
1 Yr 3.8% -5.8% 10.7% 26.97%
3 Yr -0.8%* -2.3% 7.8% 77.11%
5 Yr N/A* -3.5% 6.6% N/A
10 Yr N/A* -2.2% 7.5% N/A

* Annualized


Return Ranking - Calendar

Period MRKCX Return Category Return Low Category Return High Rank in Category (%)
2018 -12.9% -25.9% -8.4% 72.41%
2017 3.6% -0.8% 14.0% 77.78%
2016 4.8% -6.5% 7.7% 41.25%
2015 -6.4% -14.5% -4.5% 34.29%
2014 N/A -14.1% 10.2% N/A

Total Return Ranking - Trailing

Period MRKCX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.2% 0.6% 17.8% 17.98%
1 Yr 5.6% -7.1% 10.7% 19.10%
3 Yr 3.6%* -2.3% 7.8% 55.42%
5 Yr N/A* -3.2% 6.6% N/A
10 Yr N/A* -2.2% 7.8% N/A

* Annualized


Total Return Ranking - Calendar

Period MRKCX Return Category Return Low Category Return High Rank in Category (%)
2018 -9.5% -25.9% -4.5% 58.62%
2017 10.1% -0.8% 15.1% 33.33%
2016 10.9% -6.5% 12.6% 12.50%
2015 -2.0% -13.0% 2.3% 15.71%
2014 N/A -12.1% 13.1% N/A

NAV & Total Return History

MRKCX - Holdings

Concentration Analysis

MRKCX Category Low Category High MRKCX % Rank
Net Assets 103 M 1.34 M 16.8 B 67.78%
Number of Holdings 1293 11 4446 11.11%
Net Assets in Top 10 11.7 M 1.4 M 1.45 B 87.78%
Weighting of Top 10 12.18% 4.7% 200.7% 88.89%

Top 10 Holdings

  1. United States Treasury Notes 2.38% 3.37%

  2. JPMorgan Alerian MLP ETN 1.55%

  3. iShares Mortgage Real Estate Capped ETF 1.27%

  4. Financial Select Sector SPDR® ETF 1.05%

  5. Vanguard Real Estate ETF 1.04%

  6. iShares International Dev Real Est ETF 0.97%

  7. Indonesia (Republic of) 8.12% 0.86%

  8. Brazil (Federative Republic) 10% 0.85%

  9. Microsoft Corp 0.62%

  10. United States Treasury Bonds 6.12% 0.60%


Asset Allocation

Weighting Return Low Return High MRKCX % Rank
Bonds
36.68% -120.56% 74.12% 63.33%
Stocks
34.15% 11.81% 78.03% 62.22%
Cash
18.86% -43.56% 184.19% 10.00%
Preferred Stocks
6.81% 0.00% 20.01% 28.89%
Convertible Bonds
1.92% 0.06% 25.27% 50.00%
Other
1.58% -1.58% 23.86% 25.56%

Stock Sector Breakdown

Weighting Return Low Return High MRKCX % Rank
Financial Services
6.56% 0.00% 16.90% 48.89%
Real Estate
5.47% 0.00% 23.90% 33.33%
Technology
5.42% 0.08% 15.50% 28.89%
Consumer Cyclical
3.55% 0.00% 10.62% 42.22%
Industrials
2.93% 0.94% 8.65% 52.22%
Healthcare
2.25% 0.08% 12.12% 47.78%
Consumer Defense
1.96% 0.00% 16.96% 53.33%
Energy
1.60% 1.00% 12.77% 80.00%
Basic Materials
1.55% 0.00% 4.44% 40.00%
Utilities
1.37% 0.12% 13.85% 64.44%
Communication Services
1.30% 0.43% 7.30% 47.78%

Stock Geographic Breakdown

Weighting Return Low Return High MRKCX % Rank
US
21.45% -1.16% 71.31% 62.22%
Non US
12.70% 0.00% 37.92% 47.78%

Bond Sector Breakdown

Weighting Return Low Return High MRKCX % Rank
Corporate
26.19% 10.44% 74.66% 81.11%
Cash & Equivalents
18.86% -43.56% 186.99% 10.00%
Government
15.32% -132.75% 47.44% 23.33%
Securitized
3.81% 0.00% 19.63% 60.00%
Municipal
0.08% 0.00% 3.48% 10.00%
Derivative
0.00% -0.51% 0.44% 47.78%

Bond Geographic Breakdown

Weighting Return Low Return High MRKCX % Rank
US
20.24% -166.35% 49.73% 68.89%
Non US
16.44% 2.80% 45.79% 54.44%

MRKCX - Expenses

Operational Fees

MRKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.13% 0.18% 11.95% 19.10%
Management Fee 0.55% 0.10% 1.49% 46.67%
12b-1 Fee 1.00% 0.00% 1.00% 72.55%
Administrative Fee N/A 0.03% 0.13% N/A

Sales Fees

MRKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 23.53%

Trading Fees

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

Turnover 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.

MRKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 74.00% 4.00% 282.00% 51.11%

MRKCX - Distributions

Dividend Yield Analysis

MRKCX Category Low Category High MRKCX % Rank
Dividend Yield 1.84% 0.68% 7.69% 95.56%

Dividend Distribution Analysis

MRKCX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

MRKCX Category Low Category High MRKCX % Rank
Net Income Ratio 4.11% 0.15% 7.47% 40.45%

Capital Gain Distribution Analysis

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

MRKCX - Managers

Daniel J. Loewy

Manager

Start Date

Tenure

Tenure Rank

Dec 18, 2014

4.79

4.8%

Daniel Loewy is Chief Investment Officer and Head of Multi-Asset Solutions. He oversees the research and product design of the firm’s multi-asset strategies, as well as their implementation. In addition, Loewy is Chief Investment Officer for Dynamic Asset Allocation, and is responsible for the development and investment decision-making for that service. He is also a member of the Real Asset Investment Policy Group and the Target Date Investment Oversight team. Loewy previously led the Wealth Management Group’s research on the major investment issues faced by our highest-net-worth clients, including asset allocation, alternative investments and tax management. Prior to that, he was a research analyst in the equity research department, where he followed the aerospace and defense and capital goods sectors. Additionally, Loewy has served as an associate portfolio manager for our value equity services. He holds a BS in industrial and labor relations from Cornell University and an MBA from Columbia University, and is a CFA charterholder. Location: New York


Morgan C. Harting

Manager

Start Date

Tenure

Tenure Rank

Mar 31, 2015

4.5

4.5%

Morgan Harting is the lead Portfolio Manager for all Multi-Asset Income strategies and for the Emerging Markets Multi-Asset Portfolio. He joined AB in 2007 as part of the global and emerging-market equities portfolio-management team. Prior to that, Harting was a sovereign-debt analysts, first at Standard & Poor's and then at Fitch Ratings, where he was a senior director. He holds a BA from Wesleyan University, and both an MA in international relations and an MBA from Yale University, where he was a graduate teaching fellow in internaitonal economics. Harting is a CFA charterholder and a Chartered Alternative Investment Analysts. Location: New York


Tenure Analysis

Category Low

0.13

Category High

16.51

Category Average

4.53

Category Mode

5.02