- What does CORB invest in?
- CORB provides exposure to a diverse global fixed income portfolio investing in various securities, such as corporate bonds, asset-backed securities, U.S. government, and agency securities. The fund can allocate up to 25% of its investments to non-USD-denominated foreign securities in both developed and emerging markets. It aims to maintain a portfolio quality of A but has the flexibility to invest up to 25% in junk bonds. The portfolio manager employs interest rate forecasting to estimate the appropriate level of interest rate risk and may adjust the average duration of the portfolio based on interest rate expectations. the fund aims to maintain an effective duration of 3 7 years. The fund is actively managed, may use derivatives, and engages in active trading. The fund converted from a mutual fund, Bernstein Intermediate Duration Institutional Portfolio, bringing in $854 million in assets.
- What is the expense ratio of CORB?
- AB Active ETFs, Inc. - AB Core Bond ETF (CORB) charges an expense ratio of 0.28%. This is the annual fee deducted from fund assets to cover management and operations.
- What is CORB's dividend yield?
- CORB's trailing-twelve-month yield is 3.87%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of CORB?
- Effective duration measures CORB's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CORB's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of CORB?
- CORB's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of CORB?
- Yield to maturity (YTM) is the total return you'd earn from CORB if every bond in the portfolio is held to maturity at the current price. CORB's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
