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Trending ETFs

AB Government Money Market Portfolio

mutual fund
AIEXX
Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
AIEXX (Mutual Fund)

AB Government Money Market Portfolio

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market
AIEXX (Mutual Fund)

AB Government Money Market Portfolio

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Taxable Money Market

Name

As of 05/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$268 M

5.16%

$0.05

0.18%

Vitals

YTD Return

2.2%

1 yr return

5.3%

3 Yr Avg Return

2.7%

5 Yr Avg Return

2.3%

Net Assets

$268 M

Holdings in Top 10

47.2%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.18%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000,000

IRA

N/A


Fund Classification

Fund Type

Money Market Fund


Name

As of 05/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$1.00

$268 M

5.16%

$0.05

0.18%

AIEXX - Profile

Distributions

  • YTD Total Return 2.2%
  • 3 Yr Annualized Total Return 2.7%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.04%
DIVIDENDS
  • Dividend Yield 5.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AB Government Money Market Portfolio
  • Fund Family Name
    ALLIANCEBE
  • Inception Date
    Nov 10, 2017
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Management Team

Fund Description

The Portfolio is a “money market fund” that seeks to maintain a stable net asset value, or NAV, of $1.00 per share although there is no guarantee that the Portfolio will maintain a NAV of $1.00 per share.
The Portfolio invests at least 99.5% of its total assets in cash, marketable obligations (which may bear adjustable rates of interest) issued or guaranteed by the U.S. Government, its agencies or instrumentalities (“U.S. Government securities”) and repurchase agreements that are collateralized fully. Collateralized fully means collateralized by cash or government securities.
The Portfolio also invests at least 80%, and normally substantially all, of its net assets in U.S. Government securities and repurchase agreements that are collateralized by U.S. Government securities. This policy may not be changed without 60 days’ prior written notice to shareholders.
As a money market fund, the Portfolio must meet the requirements of Securities and Exchange Commission (“SEC”) Rule 2a‑7. The Rule imposes strict conditions on the investment quality, maturity, diversification, and liquidity of the Portfolio’s investments. Among other things, Rule 2a‑7 requires that the Portfolio’s investments have (i) a remaining maturity of no more than 397 days unless otherwise permitted by Rule 2a‑7, (ii) a dollar weighted average maturity of no more than 60 days, and (iii) a dollar weighted average life to maturity of no more than 120 days. Currently, Rule 2a‑7 imposes liquidity standards that require the Portfolio to hold at least 10% and 30% of its total assets in daily liquid assets and weekly liquid assets, respectively, as defined in Rule 2a‑7. Rule 2a‑7 also limits the Portfolio’s investments in illiquid securities to 5% of its total assets. On July 12, 2023, the SEC adopted amendments to Rule 2a‑7 (“Money Market Fund Reforms”) that, among other things, will increase the minimum liquidity standards to require the Portfolio to hold at least 25% and 50% of its total assets in daily liquid assets and weekly liquid assets, respectively, as defined in Rule 2a‑7. These increased liquidity requirements apply to the Portfolio beginning on April 2, 2024.
The Portfolio may also invest in when-issued securities related to the types of securities in which it is permitted to invest and the securities of other money market funds to the extent permitted under the Investment Company Act of 1940, as amended.
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AIEXX - Performance

Return Ranking - Trailing

Period AIEXX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% 0.0% 2.6% 19.30%
1 Yr 5.3% 0.5% 5.9% 13.03%
3 Yr 2.7%* 0.7% 3.0% 20.00%
5 Yr 2.3%* 0.7% 110.2% 1.50%
10 Yr N/A* 0.3% 32.1% N/A

* Annualized

Return Ranking - Calendar

Period AIEXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% -0.1% 5.0% 23.06%
2022 0.0% 0.0% 1.2% 23.02%
2021 0.0% 0.0% 0.0% 22.70%
2020 0.0% 0.0% 0.4% 23.30%
2019 0.0% 0.0% 2.0% 23.08%

Total Return Ranking - Trailing

Period AIEXX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.2% 0.0% 2.6% 19.30%
1 Yr 5.3% 0.5% 5.9% 13.03%
3 Yr 2.7%* 0.7% 3.0% 20.00%
5 Yr 2.3%* 0.7% 110.2% 1.50%
10 Yr N/A* 0.3% 32.1% N/A

* Annualized

Total Return Ranking - Calendar

Period AIEXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.3% 0.8% 5.9% 17.04%
2022 1.5% 0.0% 1.8% 19.44%
2021 0.0% 0.0% 1.9% 41.89%
2020 0.5% 0.0% 3.0% 9.14%
2019 3.9% 0.0% 3797.9% 2.15%

NAV & Total Return History


AIEXX - Holdings

Concentration Analysis

AIEXX Category Low Category High AIEXX % Rank
Net Assets 268 M 818 K 211 B 60.40%
Number of Holdings 76 1 346 32.16%
Net Assets in Top 10 5.85 B 147 K 163 B 53.52%
Weighting of Top 10 47.19% 22.7% 100.0% 85.53%

Top 10 Holdings

  1. Deliverable Repo - Federal Reserve Baank Of New York 18.01%
  2. Deliverable Repo - Federal Reserve Baank Of New York 18.01%
  3. Deliverable Repo - Federal Reserve Baank Of New York 18.01%
  4. Deliverable Repo - Federal Reserve Baank Of New York 18.01%
  5. Deliverable Repo - Federal Reserve Baank Of New York 18.01%
  6. Deliverable Repo - Federal Reserve Baank Of New York 18.01%
  7. Deliverable Repo - Federal Reserve Baank Of New York 18.01%
  8. Deliverable Repo - Federal Reserve Baank Of New York 18.01%
  9. Deliverable Repo - Federal Reserve Baank Of New York 18.01%
  10. Deliverable Repo - Federal Reserve Baank Of New York 18.01%

Asset Allocation

Weighting Return Low Return High AIEXX % Rank
Cash
66.05% 25.56% 100.00% 89.47%
Bonds
33.95% 0.00% 74.44% 10.78%
Stocks
0.00% 0.00% 0.00% 22.56%
Preferred Stocks
0.00% 0.00% 0.00% 22.56%
Other
0.00% -1.67% 0.04% 22.81%
Convertible Bonds
0.00% 0.00% 21.22% 28.82%

Bond Sector Breakdown

Weighting Return Low Return High AIEXX % Rank
Cash & Equivalents
66.05% 0.00% 100.00% 87.97%
Government
33.95% 0.00% 44.01% 8.52%
Derivative
0.00% 0.00% 0.00% 22.56%
Securitized
0.00% 0.00% 1.75% 24.56%
Corporate
0.00% 0.00% 100.00% 37.09%
Municipal
0.00% 0.00% 22.71% 27.82%

Bond Geographic Breakdown

Weighting Return Low Return High AIEXX % Rank
US
33.95% 0.00% 72.86% 10.78%
Non US
0.00% 0.00% 3.41% 23.81%

AIEXX - Expenses

Operational Fees

AIEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.18% 0.07% 4.53% 87.22%
Management Fee 0.20% 0.03% 0.50% 76.69%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.55% N/A

Sales Fees

AIEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.75% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

AIEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 5.00% 5.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AIEXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 485.00% N/A

AIEXX - Distributions

Dividend Yield Analysis

AIEXX Category Low Category High AIEXX % Rank
Dividend Yield 5.16% 0.00% 5.70% 13.53%

Dividend Distribution Analysis

AIEXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AIEXX Category Low Category High AIEXX % Rank
Net Income Ratio 0.04% -1.09% 1.67% 5.14%

Capital Gain Distribution Analysis

AIEXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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AIEXX - Fund Manager Analysis

Managers

Management Team


Start Date

Tenure

Tenure Rank

Dec 13, 2006

15.47

15.5%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 46.68 14.98 19.01