Forward Global Asset Allocation Series - Forward Balanced Allocation Fund (ABAAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.10
+0.01 (0.10%)
At close: Jul 9, 2026
Fund Assetsn/a
Expense Ratio3.03%
Min. Investmentn/a
Turnovern/a
Dividend (ttm)0.76
Dividend Yield7.34%
Dividend Growthn/a
Payout FrequencyQuarterly
Ex-Dividend DateMay 19, 2026
Previous Close10.09
YTD Returnn/a
1-Year Returnn/a
5-Year Returnn/a
52-Week Low10.00
52-Week High10.10
Beta (5Y)n/a
Holdingsn/a
Inception Daten/a

About ABAAX

The AB CarVal Opportunistic Credit Fund is a non-diversified, closed-end interval investment fund designed to maximize total return through a combination of current income and capital appreciation. Managed by AB CarVal, a global alternative investment manager with a longstanding track record in credit markets, the fund targets a broad spectrum of private credit opportunities, primarily focusing on areas such as specialty finance, renewable energy, and aviation leasing. By leveraging expertise in opportunistic credit and asset-backed finance, the fund seeks to provide investors access to unique return streams that are less correlated with traditional public equity and fixed income markets. The fund’s approach emphasizes disciplined risk management and the ability to identify value in evolving credit environments, particularly as traditional lenders, like banks, retreat from certain markets. Its structure as an interval fund offers periodic liquidity through scheduled share repurchase programs, which also means it may not provide daily liquidity like open-ended mutual funds. The AB CarVal Opportunistic Credit Fund plays a significant role in diversifying credit exposure within an investor’s portfolio, aiming to capitalize on inefficiencies and opportunities in less liquid credit sectors.

Stock Exchange NASDAQ
Ticker Symbol ABAAX

Dividend History

Ex-DividendAmountPay Date
May 19, 2026$0.1571May 21, 2026
Feb 18, 2026$0.1632Feb 20, 2026
Dec 16, 2025$0.1115Dec 18, 2025
Nov 18, 2025$0.1838Nov 20, 2025
Aug 19, 2025$0.1444Aug 21, 2025
May 20, 2025$0.1421May 22, 2025
Full Dividend History