AB Global Bond is guided by a multisector approach that’s backed by deep quantitative and fundamental analysis, but persistent churn across the firm’s fixed-income group dampens our confidence in this offering, resulting in a Morningstar Analyst Rating downgrade to Neutral from Bronze on its cheapest share classes. Its priciest share class receives a Negative rating.
- NAV / 1-Day Return 6.64 / 0.17 %
- Total Assets 5.5 Bil
-
Adj. Expense Ratio
1.550%
- Expense Ratio 1.550%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Global Bond-USD Hedged
- Credit Quality / Interest Rate Sensitivity Medium / Moderate
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 8.33%
- Effective Duration 6.85 years
Morningstar’s Analysis ANACX
Will ANACX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 4
- Bond Holdings 1643
- Other Holdings 147
- % Assets in Top 10 Holdings 29.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
EUR FWD VS USD 0% 10/08/2023 Purchased
12.90
715,502,874
Derivative
US 5 Year Note (CBT) Sept13
11.37
631,022,264
Government
CAD FWD VS USD 0% 10/08/2023 Purchased
7.71
427,531,860
Derivative
EUR FWD VS USD 0% 10/08/2023 Purchased
7.49
415,734,839
Derivative
KRW FWD VS USD 0% 26/10/2023 Purchased
7.23
401,243,415
Derivative
JPY FWD VS USD 0% 09/08/2023 Purchased
6.15
341,047,719
Derivative
Canada (Government of) 3.5%
5.52
306,162,666
Government
GBP FWD VS USD 0% 10/08/2023 Purchased
4.25
235,519,492
Derivative
The Republic of Korea 3.125%
3.94
218,591,461
Government
AUD FWD VS USD 0% 10/08/2023 Purchased
3.20
177,432,817
Derivative