CORBAB Core Bond ETF

Get income24y track recordRanked #218 of 1,622 in this goal

Seeks to provide safety of principal and a moderate to high rate of current income.

By AllianceBernstein · Launched 2002

Annual Cost

0.28%

#1,340 of 5,562 · low cost

Fund Size

$1.1B

#1,081 of 5,562 · large

Dividend YieldGoal

4.03%

Track Record

24 years

#151 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,036+0.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 17.0% of fund✓ well diversified

United States Treasury

2.4%

United States Treasury

2.0%

United States Treasury

2.0%

UMBS, TBA

1.9%

United States Treasury

1.7%

United States Treasury

1.6%

United States Treasury

1.5%

Government National Mortgage Association

1.4%

United States Treasury

1.4%

UMBS, TBA

1.3%

Asset allocation

Bonds

95.0%

Cash

4.8%

Preferred

0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-3.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

4.3 years

Avg maturity

9.7 years

Credit ratings

US Government

47.5%

AAA

31.5%

46.4%

17.2%

BBB

15.0%

1.1%

0.1%

Below B

0.4%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide safety of principal and a moderate to high rate of current income.
Strategy: Actively managed ETF investing primarily in fixed-income securities, including corporate bonds, government securities, and asset-backed securities. May invest in both U.S. and non-U.S. dollar denominated securities, with up to 25% in below investment grade. Uses interest rate forecasting to adjust duration based on market conditions.
Inception date: May 17, 2002
Fund family: AllianceBernstein