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Trending ETFs

AB All Market Real Return Portfolio

mutual fund
AMTOX
Payout Change
Pending
Price as of:
$9.06 +0.07 +0.78%
primary theme
N/A
AMTOX (Mutual Fund)

AB All Market Real Return Portfolio

Payout Change
Pending
Price as of:
$9.06 +0.07 +0.78%
primary theme
N/A
AMTOX (Mutual Fund)

AB All Market Real Return Portfolio

Payout Change
Pending
Price as of:
$9.06 +0.07 +0.78%
primary theme
N/A

Name

As of 05/17/2024

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

$9.06

$734 M

3.65%

$0.33

1.18%

Vitals

YTD Return

6.2%

1 yr return

12.7%

3 Yr Avg Return

4.8%

5 Yr Avg Return

7.3%

Net Assets

$734 M

Holdings in Top 10

39.4%

52 WEEK LOW AND HIGH

$9.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.18%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 65.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/17/2024

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

$9.06

$734 M

3.65%

$0.33

1.18%

AMTOX - Profile

Distributions

  • YTD Total Return 6.2%
  • 3 Yr Annualized Total Return 4.8%
  • 5 Yr Annualized Total Return 7.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.33%
DIVIDENDS
  • Dividend Yield 3.6%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    AB All Market Real Return Portfolio
  • Fund Family Name
    ALLIANCEBE
  • Inception Date
    Mar 09, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Daniel Loewy

Fund Description

The Fund seeks to maximize real return. Real return is the rate of return after adjusting for inflation.
The Fund pursues an aggressive investment strategy involving a variety of asset classes. The Fund invests primarily in instruments that the Adviser expects to outperform broad equity indices during periods of rising inflation. Under normal circumstances, the Fund expects to invest its assets principally in the following instruments that, in the judgment of the Adviser, are affected directly or indirectly by the level and change in rate of inflation: inflation-indexed fixed-income securities, such as Treasury Inflation-Protected Securities (“TIPS”) and similar bonds issued by governments outside of the United States; commodities; commodity-related equity securities; real estate equity securities; inflation sensitive equity securities, which the Fund defines as equity securities of companies that the Adviser believes have the ability to pass along increasing costs to consumers and maintain or grow margins in rising inflation environments, including equity securities of utilities and infrastructure-related companies (“inflation sensitive equities”); securities and derivatives linked to the price of other assets (such as commodities, stock indices and real estate); and currencies. The Fund expects its investments in fixed-income securities to have a broad range of maturities and quality levels.
The Fund seeks inflation protection from investments around the globe, both in developed and emerging market countries. In selecting securities for purchase and sale, the Adviser utilizes its qualitative and quantitative resources to determine overall inflation sensitivity, asset allocation, and security selection. The Adviser assesses the securities’ risks and inflation sensitivity as well as the securities’ impact on the overall risks and inflation sensitivity of the Fund. When its analysis indicates that changes are necessary, the Adviser intends to implement them through a combination of changes to underlying positions and the use of inflation swaps and other types of derivatives, such as interest rate swaps.
The Fund anticipates that its targeted investment mix, other than its investments in inflation-indexed fixed-income securities, will focus on commodity-related equity securities, commodities and commodity derivatives, real estate equity securities and inflation sensitive equities to provide a balance between expected return and inflation protection. The Fund may vary its investment allocations among these asset classes, at times significantly. Its commodities investments will include significant exposure to energy commodities, but will also include agricultural products, and industrial and precious metals, such as gold. The Fund’s investments in real estate equity securities will include real estate investment trusts (“REITs”) and other real estate-related securities.
The Fund invests in both U.S. and non-U.S. Dollar-denominated equity or fixed-income securities. The Fund may invest in currencies for hedging or for investment purposes, both in the spot market and through long or short positions in currency-related derivatives. The Fund does not ordinarily expect to hedge its foreign currency exposure because it will be balanced by investments in U.S. Dollar-denominated securities, although it may hedge the exposure under certain circumstances.
The Fund may enter into derivatives, such as options, futures contracts, forwards, swaps or structured notes, to a significant extent, subject to the limits of applicable law. The Fund intends to use leverage for investment purposes through the use of cash made available by derivatives transactions to make other investments in accordance with its investment policies. In determining when and to what extent to employ leverage or enter into derivatives transactions, the Adviser considers factors such as the relative risks and returns expected of potential investments and the cost of such transactions. The Adviser considers the impact of derivatives in making its assessments of the Fund’s risks. The resulting exposures to markets, sectors, issuers or specific securities will be continuously monitored by the Adviser.
The Fund may seek to gain exposure to physical commodities traded in the commodities markets through use of a variety of derivative instruments, including investments in commodity index-linked notes. The Adviser expects to seek exposure to commodities and commodity-related instruments and derivatives primarily through investments in AllianceBernstein Cayman Inflation Strategy, Ltd., a wholly-owned subsidiary of the Fund organized under the laws of the Cayman Islands (the “Subsidiary”). The Subsidiary is advised by the Adviser and has the same investment objective and substantially similar investment policies and restrictions as the Fund except that the Subsidiary, unlike the Fund, may invest, without limitation, in commodities and commodity-related instruments. The Fund is subject to the risks associated with the commodities, derivatives and other instruments in which the Subsidiary invests, to the extent of its investment in the Subsidiary. The Fund limits its investment in the Subsidiary to no more than 25% of its net assets. Investment in the Subsidiary is expected to provide the Fund with commodity exposure within the limitations of federal tax requirements that apply to the Fund.
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AMTOX - Performance

Return Ranking - Trailing

Period AMTOX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.2% -23.7% 16.4% 7.08%
1 Yr 12.7% -8.9% 48.3% 4.94%
3 Yr 4.8%* -2.2% 16.4% 5.12%
5 Yr 7.3%* -0.7% 13.4% 10.51%
10 Yr 1.6%* 0.9% 11.8% 94.99%

* Annualized

Return Ranking - Calendar

Period AMTOX Return Category Return Low Category Return High Rank in Category (%)
2023 0.6% -40.8% 20.6% 7.10%
2022 -11.9% -21.0% 24.5% 82.92%
2021 14.5% -24.2% 27.8% 39.95%
2020 -2.9% -23.1% 11.7% 80.35%
2019 13.5% -100.0% 20.6% 73.30%

Total Return Ranking - Trailing

Period AMTOX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.2% -23.7% 16.4% 7.30%
1 Yr 12.7% -12.8% 48.3% 4.66%
3 Yr 4.8%* -3.4% 16.4% 4.15%
5 Yr 7.3%* -1.1% 13.4% 10.07%
10 Yr 1.6%* 0.9% 11.8% 94.75%

* Annualized

Total Return Ranking - Calendar

Period AMTOX Return Category Return Low Category Return High Rank in Category (%)
2023 4.6% -40.8% 20.6% 7.10%
2022 -4.5% -21.0% 24.5% 82.92%
2021 26.4% -24.2% 27.8% 39.95%
2020 0.3% -23.1% 11.7% 75.43%
2019 15.7% -2.9% 23.1% 63.49%

NAV & Total Return History


AMTOX - Holdings

Concentration Analysis

AMTOX Category Low Category High AMTOX % Rank
Net Assets 734 M 1.12 M 110 B 34.13%
Number of Holdings 679 2 10961 25.26%
Net Assets in Top 10 294 M -31.7 M 22 B 34.03%
Weighting of Top 10 39.43% 10.8% 100.0% 48.12%

Top 10 Holdings

  1. AB Fixed Income Shares, Inc. - Government Money Market Portfolio 26.63%
  2. Prologis Inc 2.56%
  3. Equinix Inc 1.77%
  4. Shell PLC 1.74%
  5. Exxon Mobil Corp 1.67%
  6. AB Fixed Income Shares, Inc. - Government Money Market Portfolio 1.13%
  7. Digital Realty Trust Inc 1.00%
  8. Welltower Inc 1.00%
  9. Rio Tinto PLC 0.98%
  10. Mitsui Fudosan Co Ltd 0.95%

Asset Allocation

Weighting Return Low Return High AMTOX % Rank
Stocks
70.63% -45.72% 98.42% 5.43%
Cash
29.81% -97.12% 185.58% 14.41%
Preferred Stocks
0.00% -0.03% 14.00% 55.95%
Convertible Bonds
0.00% 0.00% 25.49% 87.27%
Bonds
0.00% -39.76% 93.84% 94.15%
Other
-0.44% -1.25% 197.12% 48.02%

Stock Sector Breakdown

Weighting Return Low Return High AMTOX % Rank
Real Estate
41.07% 0.00% 90.14% 6.79%
Energy
17.06% 0.00% 38.61% 10.83%
Basic Materials
12.54% 0.00% 60.23% 5.73%
Industrials
7.40% 0.09% 32.39% 86.62%
Utilities
5.22% 0.00% 40.29% 31.21%
Technology
4.56% 0.00% 39.48% 81.53%
Healthcare
3.10% 0.00% 30.30% 83.65%
Consumer Defense
2.82% 0.00% 31.85% 84.08%
Financial Services
2.57% 0.00% 30.34% 85.35%
Consumer Cyclical
2.13% 0.00% 20.84% 84.71%
Communication Services
1.53% 0.00% 28.59% 87.47%

Stock Geographic Breakdown

Weighting Return Low Return High AMTOX % Rank
US
42.78% -4.82% 95.75% 29.02%
Non US
27.85% -46.69% 57.06% 9.81%

AMTOX - Expenses

Operational Fees

AMTOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.18% 0.16% 2.71% 47.18%
Management Fee 0.75% 0.00% 1.70% 66.81%
12b-1 Fee 0.25% 0.00% 1.00% 36.25%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

AMTOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AMTOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% 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.

AMTOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 65.00% 0.00% 441.00% 54.07%

AMTOX - Distributions

Dividend Yield Analysis

AMTOX Category Low Category High AMTOX % Rank
Dividend Yield 3.65% 0.00% 10.92% 0.83%

Dividend Distribution Analysis

AMTOX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Monthly Monthly

Net Income Ratio Analysis

AMTOX Category Low Category High AMTOX % Rank
Net Income Ratio 1.33% -5.20% 6.33% 56.21%

Capital Gain Distribution Analysis

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

Distributions History

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AMTOX - Fund Manager Analysis

Managers

Daniel Loewy


Start Date

Tenure

Tenure Rank

Mar 31, 2015

7.17

7.2%

Daniel Loewy is Chief Investment Officer and Head of Multi-Asset Solutions. He oversees the research and product design of the firm’s multi-asset strategies, as well as their implementation. In addition, Loewy is Chief Investment Officer for Dynamic Asset Allocation, and is responsible for the development and investment decision-making for that service. He is also a member of the Real Asset Investment Policy Group and the Target Date Investment Oversight team. Loewy previously led the Wealth Management Group’s research on the major investment issues faced by our highest-net-worth clients, including asset allocation, alternative investments and tax management. Prior to that, he was a research analyst in the equity research department, where he followed the aerospace and defense and capital goods sectors. Additionally, Loewy has served as an associate portfolio manager for our value equity services. He holds a BS in industrial and labor relations from Cornell University and an MBA from Columbia University, and is a CFA charterholder. Location: New York

Vinod Chathlani


Start Date

Tenure

Tenure Rank

Oct 27, 2015

6.6

6.6%

Vinod Chathlani is a Lead Portfolio Manager for Liquid Real Assets and Select Market Neutral Strategies on the Multi-Asset Solutions team. He joined AB in 2013 as a quantitative researcher and assistant portfolio manager on the Dynamic Asset Allocation team, where he helped research and develop quantitative tools and systematic strategies. Prior to that, Chathlani held roles in investment risk and corporate strategy, focusing on mergers and acquisitions. He holds a BTech from the University of Madras, India; an MFE in quantitative finance from the University of California, Los Angeles; and a PGDM (MBA) from the Indian School of Business, India.

Leon Zhu


Start Date

Tenure

Tenure Rank

Jan 31, 2018

4.33

4.3%

Leon Zhu is a Senior Vice President and Portfolio Manager of Multi-Asset Solutions at AB, and has been Co-Portfolio Manager of Global Risk Allocation products since 2012. Previously, he served as director of Quantitative Research, a position he held for 10 years. Mr. Zhu joined AllianceBernstein L.P. in 1995. Zhu was also a member of the Investment Policy Group for the AllianceBernstein L.P.’s Global Diversified Strategies hedge funds from its inception in 2002 until 2014. Before joining AB as a quantitative analyst in 1995, he was a consultant at Princeton Consultants. Zhu holds a BS in mathematics from Yale University and an MA in mathematics from Princeton University, and is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 30.27 6.52 9.25