SHUYX: AB Short Duration Income A

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SHUYX AB Short Duration Income A


Profile

SHUYX - Profile

Vitals

  • YTD Return -7.2%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $25.5 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$9.47
$9.18
$10.37

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.99%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 181.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Distributions

  • YTD Total Return -6.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

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

Fund Description

The fund will invest primarily in income-producing securities. It also normally invests at least 65% of its total assets in securities of U.S. and foreign governments and their agencies and instrumentalities, derivatives related to such securities, and repurchase agreements relating to U.S. government securities. It 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 is non-diversified.


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Categories

Performance

SHUYX - Performance

Return Ranking - Trailing

Period SHUYX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.2% -19.7% 1.0% 90.15%
1 Yr -6.9% -21.9% 3.7% 87.69%
3 Yr N/A* -8.2% 1.3% N/A
5 Yr N/A* -21.2% 1.8% N/A
10 Yr N/A* -11.2% 2.2% N/A

* Annualized

Return Ranking - Calendar

Period SHUYX Return Category Return Low Category Return High Rank in Category (%)
2019 1.8% -6.6% 4.9% 61.14%
2018 N/A -4.1% 1.0% N/A
2017 N/A -0.7% 2.8% N/A
2016 N/A -65.8% 7.1% N/A
2015 N/A -6.6% 3.0% N/A

Total Return Ranking - Trailing

Period SHUYX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.9% -20.1% 1.0% 87.68%
1 Yr -6.5% -22.3% 3.7% 87.18%
3 Yr N/A* -7.9% 2.2% N/A
5 Yr N/A* -19.7% 2.0% N/A
10 Yr N/A* -9.6% 2.3% N/A

* Annualized

Total Return Ranking - Calendar

Period SHUYX Return Category Return Low Category Return High Rank in Category (%)
2019 1.8% -6.6% 4.9% 65.28%
2018 N/A -4.1% 3.2% N/A
2017 N/A -0.7% 4.7% N/A
2016 N/A -65.2% 8.4% N/A
2015 N/A -5.3% 3.1% N/A

NAV & Total Return History


Holdings

SHUYX - Holdings

Concentration Analysis

SHUYX Category Low Category High SHUYX % Rank
Net Assets 25.5 M 272 K 64 B 92.27%
Number of Holdings 271 6 2087 73.13%
Net Assets in Top 10 13.6 M -5.43 M 6.66 B 85.57%
Weighting of Top 10 N/A 5.8% 99.5% 6.32%

Top 10 Holdings

  1. Federal National Mortgage Association 3.5% 31.94%
  2. 10 Year Treasury Note Future Mar 20 20.30%
  3. United States Treasury Notes 3.12% 19.04%
  4. United States Treasury Notes 1.62% 9.03%
  5. United States Treasury Bonds 6.12% 8.45%
  6. 2 Year Treasury Note Future Mar 20 8.43%
  7. United States Treasury Notes 0.25% 3.98%
  8. United States Treasury Notes 0.12% 3.13%
  9. United States Treasury Notes 0.12% 3.08%
  10. Federal National Mortgage Association 4.5% 2.80%

Asset Allocation

Weighting Return Low Return High SHUYX % Rank
Bonds
110.44% 22.39% 144.98% 11.44%
Other
0.59% -0.56% 13.40% 13.43%
Stocks
0.00% 0.00% 7.28% 89.55%
Preferred Stocks
0.00% 0.00% 37.76% 88.56%
Convertible Bonds
0.00% 0.00% 5.54% 100.00%
Cash
-11.03% -54.63% 77.61% 90.05%

Bond Sector Breakdown

Weighting Return Low Return High SHUYX % Rank
Securitized
37.23% 0.00% 71.03% 21.89%
Government
33.69% -3.22% 61.46% 14.43%
Cash & Equivalents
16.43% 0.15% 77.61% 19.40%
Derivative
10.49% -0.09% 32.63% 7.46%
Corporate
2.17% 2.17% 93.48% 100.00%
Municipal
0.00% 0.00% 14.85% 96.52%

Bond Geographic Breakdown

Weighting Return Low Return High SHUYX % Rank
US
99.64% 0.00% 131.08% 6.97%
Non US
10.80% 0.00% 90.78% 76.12%

Expenses

SHUYX - Expenses

Operational Fees

SHUYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.99% 0.02% 43.40% 10.15%
Management Fee 0.35% 0.00% 1.19% 43.96%
12b-1 Fee N/A 0.00% 1.00% 16.09%
Administrative Fee N/A 0.05% 0.41% N/A

Sales Fees

SHUYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% 12.50%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

SHUYX 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.

SHUYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 181.00% 0.00% 496.37% 85.00%

Distributions

SHUYX - Distributions

Dividend Yield Analysis

SHUYX Category Low Category High SHUYX % Rank
Dividend Yield 0.00% 0.00% 1.88% 92.27%

Dividend Distribution Analysis

SHUYX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

SHUYX Category Low Category High SHUYX % Rank
Net Income Ratio 3.31% -2.82% 4.10% 6.60%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

SHUYX - Fund Manager Analysis

Managers

Scott DiMaggio


Start Date

Tenure

Tenure Rank

Oct 19, 2018

1.36

1.4%

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

1.36

1.4%

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

1.36

1.4%

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

Douglas Peebles


Start Date

Tenure

Tenure Rank

Oct 19, 2018

1.36

1.4%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 23.75 5.35 3.08