AB Income Fund Class A (AKGAX)
| Fund Assets | 2.26B |
| Expense Ratio | 0.80% |
| Min. Investment | $2,500 |
| Turnover | 290.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 4.54% |
| Dividend Growth | -6.41% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 6.41 |
| YTD Return | -0.03% |
| 1-Year Return | 7.09% |
| 5-Year Return | -0.82% |
| 52-Week Low | 6.27 |
| 52-Week High | 6.54 |
| Beta (5Y) | n/a |
| Holdings | 681 |
| Inception Date | Apr 21, 2016 |
About AKGAX
AB Income Fund Class A is a diversified mutual fund focusing on fixed-income investments, managed by AllianceBernstein. Its primary objective is to provide high current income while preserving capital by investing predominantly in a mix of U.S. and foreign government securities, corporate bonds, and mortgage-backed securities. The fund uses an actively managed, risk-weighted barbell strategy that balances interest-rate and credit risk across both investment-grade and select below-investment-grade bonds, with flexibility to hold up to 35% in high-yield assets. This approach allows the fund to adapt dynamically to changing market conditions, aiming for efficient income generation and mitigation of large drawdowns. AB Income Fund Class A falls within the intermediate core-plus bond category, offering moderate credit quality and interest rate sensitivity, with an effective duration around 6.15 years. Its portfolio is notably concentrated, with a significant portion of assets allocated to U.S. Treasury instruments and agency securities, reflecting its role as a core bond holding suitable for investors seeking income and stability within diversified portfolios.
Performance
AKGAX had a total return of 7.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.89%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02476 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02293 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02555 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02386 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02239 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02716 | Oct 31, 2025 |