About ABNAX
AB Bond Inflation Strategy Fund Class A is a mutual fund designed as an inflation-oriented, high-quality core-plus fixed income portfolio. It aims to provide effective inflation protection and enhanced yield potential compared to a TIPS-only strategy by investing primarily in Treasury Inflation-Protected Securities (TIPS), gaining indirect exposure through derivatives like total-return swaps linked to TIPS, and making selective investments in other fixed-income securities, including non-Treasury sectors. The fund manages to a shorter-duration benchmark, such as the Bloomberg 1-10 Year TIPS Index, to limit interest-rate risk while focusing on short-term inflation-protected bonds with average weighted maturities typically less than seven years and benchmarks limited to ten or fewer years. It emphasizes high credit quality, with significant allocations to AAA and AA rated securities, alongside domestic bonds, some non-U.S. bonds, preferred securities, and cash investments. Managed by AllianceBernstein, this Class A share class caters to investors seeking real return maximization without undue risk in the fixed income market, particularly within the short-term inflation-protected bond category.
Fund Family AllianceBernstein
Category Short-Term Inflation-Protected Bond
Performance Rating Below Average
Risk Rating High
Stock Exchange Nasdaq
Ticker Symbol ABNAX
Share Class Class A
Index Bloomberg US TIPS 1-10 Y TR
ABNAX had a total return of -0.42% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.91%.
