About CSHTX
AB Taxable Multi-Sector Income Shares is an actively managed mutual fund focused on diversified fixed-income exposure across sectors to pursue current income with secondary capital appreciation. The strategy normally allocates at least 80% of net assets to fixed-income securities, drawing from government, corporate, securitized, municipal, and derivative instruments to balance credit opportunities with interest-rate risk management. Its portfolio reflects a multi-sector approach that can include U.S. Treasuries, agency debt, investment-grade corporates, municipals, and credit derivatives, aiming to enhance income while maintaining a moderate duration profile. Recent characteristics indicate medium credit quality with limited interest-rate sensitivity and an effective duration of roughly 1.8 years, positioning the fund toward shorter interest-rate exposure. The fund’s top holdings have included U.S. government-related issues and select municipal and corporate exposures, illustrating its cross-sector flexibility. Within the broader market, AB Taxable Multi-Sector Income Shares serves as a core-plus income option for investors seeking diversified bond market participation, leveraging sector rotation and security selection to navigate changing credit and rate environments.
Fund Family AllianceBernstein
Category Multi-Sector Inc
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol CSHTX
Index Index is not available on Lipper Database
CSHTX had a total return of 2.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.90%.
