CIT: AB Multi-Mgr Retirement Trust 2030 Fund (W Series) Class T (WABMKX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 17.38 |
| YTD Return | 7.09% |
| 1-Year Return | 14.18% |
| 5-Year Return | 41.79% |
| 52-Week Low | 15.26 |
| 52-Week High | 17.54 |
| Beta (5Y) | 0.62 |
| Holdings | n/a |
| Inception Date | n/a |
About WABMKX
AB Multi-Manager Retirement Trust 2030 Fund (W Series) Class T is a target-date collective investment fund designed to provide a strong total return over time, aligning its asset allocation with investors planning to retire around the year 2030. Managed by AllianceBernstein in collaboration with Morningstar Investment Management, the fund employs a multi-manager approach, pooling investments across a variety of underlying asset classes—including equities, bonds, and other diversifying assets—to optimize risk-adjusted returns as the target retirement date approaches. This dynamic allocation shifts gradually to a more conservative mix as 2030 nears, aiming to balance growth potential in earlier years with capital preservation as retirement draws closer. The fund is distinguished within the retirement solutions market for its deliberate asset mix strategy, robust risk management, and use of leading asset managers. With its role focused on supporting defined contribution plan participants, the fund serves as a core component for those seeking a professionally managed, set-and-forget investment pathway toward retirement income.
Performance
WABMKX had a total return of 14.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.33%.