Ab Unconstrained Bond Fund, Inc.
Data updated: 2020-09-28
C000027872 — Ab Unconstrained Bond Fund, Inc. Emerging Markets Blend / Core Equity · $62.35M AUM. Holdings, fees, performance and SEC filings.
C000027872 Fund Overview
Ab Unconstrained Bond Fund, Inc. is a US mutual fund managed by Ab Unconstrained Bond Fund, Inc., categorised as Emerging Markets Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ab Unconstrained Bond Fund, Inc.
- Category: Emerging Markets Blend / Core Equity
- Assets under management: $62.35M
- 1-year return: -4.1%
- SEC CIK: 0001002718
- SEC series ID: S000010071
- Share class ID: C000027872
C000027872 Investment Objective and Strategy
Ab Unconstrained Bond Fund, Inc. describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ab Unconstrained Bond Fund, Inc..
Investment objective
The Fund's investment objective is to generate current income consistent with preservation of capital.
Principal investment strategy
The Fund invests, under normal circumstances, at least 80% of its net assets in fixed-income securities and derivatives related to fixed-income securities. The Fund employs a dynamic risk allocation, meaning that the Fund's risk profile may vary significantly over time based upon market conditions. The Fund invests in a portfolio that includes fixed-income securities of U.S. and non-U.S. companies and U.S. and non-U.S. Government securities and supranational entities, including lower-rated securities. The Fund may invest in debt securities with a range of maturities from short- to long-term. The Fund expects that its average portfolio duration will vary normally from negative 3 years to positive 7 years, depending upon the Adviser's forecast of interest rates and assessment of market risks generally.
Duration is a measure of a fixed-income security's sensitivity to changes in interest rates. The value of a fixed-income security with positive duration will decline if interest rates increase. Conversely, the value of a fixed-income security with negative duration will increase as interest rates increase. The Fund will seek to achieve negative duration through the use of derivatives, such as futures and total return swaps. The Adviser selects securities for purchase or sale based on its assessment of the securities' risk and return characteristics as well as the securities' impact on the overall risk and return characteristics of the Fund. In making this assessment, the Adviser takes into account various factors, including the credit quality and sensitivity to interest rates of the securities under consideration and of the Fund's other holdings.
The Fund typically maintains at least 50% of its net assets in investment grade securities. The Fund may invest up to 50% of its net assets in below investment grade securities, such as corporate high-yield fixed-income securities, sovereign debt obligations and fixed-income securities of issuers located in emerging markets. The Fund may also invest in mortgage-related and other asset-backed securities, loan participations, inflation-indexed securities, structured securities, variable, floating, and inverse floating-rate instruments and preferred stock, and may use other investment techniques. The Fund may make short sales of securities or currencies or maintain a short position. The Fund may use borrowings or other leverage for investment purposes. The Fund intends, among other things, to enter into transactions such as reverse repurchase agreements and dollar rolls.
The Fund may utilize, without limit, derivatives, such as options, futures contracts, forwards, or swaps, including those on fixed-income and equity securities and foreign currencies.
C000027872 Performance
Total returns for C000027872 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -4.1% |
C000027872 Risk Information
Risk metrics for C000027872, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.5%
C000027872 Costs and Fees
C000027872 costs about $165 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.65%
- Gross expense ratio: 1.92%
- Portfolio turnover: 59%
- Brokerage commissions: 3.92 bps of average net assets (SEC N-CEN)
C000027872 Cashflows
Over the 12 months to 2020-07, Ab Unconstrained Bond Fund, Inc. had net outflows of $122.33M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-07 | −$9.70M |
| 2020-06 | −$24.61M |
| 2020-05 | −$2.28M |
| 2020-04 | −$1.26M |
| 2020-03 | −$17.94M |
| 2020-02 | −$14.65M |
C000027872 Debt Constituents
No individual debt constituents are reported in Ab Unconstrained Bond Fund, Inc.'s latest SEC N-PORT filing.
C000027872 Prospectus and SEC Filings
Official Ab Unconstrained Bond Fund, Inc. filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2019-02-15
- Prospectus (485BPOS) — filed 2018-02-13
- Prospectus supplement (497) — filed 2020-02-26
- Portfolio holdings (N-PORT) — filed 2020-09-28
- Portfolio holdings (N-PORT) — filed 2020-06-05
- Portfolio holdings (N-PORT) — filed 2020-03-30
- Annual census (N-CEN) — filed 2020-01-10
- Annual census (N-CEN) — filed 2019-01-11
Related Funds
Other Emerging Markets Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.