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Morningstar

AB Global Bond Advisor ANAYX

Morningstar Analyst Rating
Analyst rating as of | See AllianceBernstein Investment Hub
  • NAV / 1-Day Return 6.88  /  0.57 %
  • Total Assets 5.4 Bil
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Global Bond-USD Hedged
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 8.45%
  • Effective Duration 6.01 years

USD | NAV as of Feb 06, 2023 | 1-Day Return as of Feb 06, 2023, 11:31 PM GMT+00:00

Morningstar’s Analysis ANAYX

Will ANAYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ANAYX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the ANAYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of ANAYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Staff churn warrants caution.

Analyst

Summary

| by Sam Kulahan

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.

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