AB All Market Total Return Portfolio
Data updated: 2026-09-09
C000029020 — AB All Market Total Return Portfolio. Total Return Allocation · $427.01M AUM · 1.42% expense ratio. Holdings, fees, performance and SEC filings.
C000029020 Fund Overview
AB All Market Total Return Portfolio is a US mutual fund managed by Ab Portfolios, categorised as Total Return Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ab Portfolios
- Category: Total Return Allocation
- Assets under management: $427.01M
- 1-year return: 6.8%
- SEC CIK: 0000812015
- SEC series ID: S000010512
- Share class ID: C000029020
C000029020 Investment Objective and Strategy
AB All Market Total Return Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ab Portfolios.
Investment objective
The Fund's investment objective is to achieve the highest total return consistent with the Adviser's determination of reasonable risk.
Principal investment strategy
"The Adviser allocates the Fund's investments primarily among a number of asset classes, including equity securities, fixed-income securities, and a number of alternative asset classes and alternative investment strategies. The Fund pursues a global strategy, typically investing in securities of issuers located in the United States and in other countries throughout the world, including emerging market countries. Under normal circumstances, at least 40% of the Fund's net assets will be invested in securities of non-U.S. issuers. Equity securities will primarily be large-capitalization securities, but will include small- and mid-capitalization securities to a lesser extent, and will include derivatives related to equity securities. In selecting equity securities for the Fund, the Adviser will use fundamental and quantitative analysis with the goal of generating returns primarily from security selection rather than price movements in equity securities generally.
Fixed-income securities include corporate and sovereign debt securities as well as interest rate derivatives and credit derivatives such as credit default swaps. Fixed-income securities also include debt securities with lower credit ratings (commonly known as ""junk bonds""). In selecting fixed-income securities for the Fund, the Adviser will attempt to take advantage of inefficiencies that it believes exist in the global fixed-income markets. These inefficiencies arise from investor behavior, market complexity, and the investment limitations to which investors are subject. Alternative investments include various instruments the returns on which are expected to have low correlation with returns on equity and fixed-income securities, such as commodities and related derivatives, real estate-related securities, and inflation-indexed securities.
In order to gain exposure to certain alternative investment strategies using various asset classes, the Adviser intends to invest a portion of the Fund's assets in the AB ALL MARKET ALTERNATIVE RETURN PORTFOLIO (the ""Underlying Portfolio""), a registered investment company advised by the Adviser. The Adviser will adjust the Fund's asset class exposure utilizing both fundamental analysis and the Adviser's Dynamic Asset Allocation (""DAA"") approach. DAA comprises a series of analytical and forecasting tools employed by the Adviser to gauge fluctuations in the risk/return profile of various asset classes. DAA seeks to adjust the Fund's investment exposure in changing market conditions and thereby reduce overall portfolio volatility by mitigating the effects of market fluctuations, while preserving consistent long-term return potential.
For example, the Adviser may seek to reduce the Fund's risk exposure to one or more assets classes when DAA suggests that market risks relevant to those asset classes are rising but return opportunities are declining. In addition to merely increasing or decreasing asset class exposure by buying or selling securities of that asset class, the Adviser may pursue DAA implementation for the Fund by utilizing derivatives. The Adviser intends to utilize a variety of derivatives in its management of the Fund. As noted above, the Adviser may use derivatives to gain exposure to various asset classes, and may cause the Fund to enter into derivatives in making the adjustments called for by DAA. As a result of the use of derivatives, the Fund will frequently be leveraged, with net investment exposure substantially in excess of net assets.
While the Fund may seek to gain exposure to physical commodities traded in the commodities markets through investments in a variety of derivative instruments, the Adviser expects that the Fund will seek to gain such exposure to commodities and commodities-related instruments and derivatives primarily through investments in AB ALL MARKET TOTAL RETURN PORTFOLIO (CAYMAN), 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 commodities-related instruments. The Fund will be 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 total 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. Currency exchange rate fluctuations can have a dramatic impact on returns. The Fund's foreign currency exposures will come from investment in securities priced or denominated in foreign currencies and from direct holdings in foreign currencies and currency-related derivatives. The Adviser may seek to hedge all or a portion of the currency exposure resulting from Fund investments or decide not to hedge this exposure. The Adviser may seek investment opportunities by taking long or short positions in currencies through the use of currency-related derivatives."
C000029020 Holdings
Top 10 holdings of AB All Market Total Return Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| iShares Core MSCI EAFE ETF | 8.07% |
| iShares Core MSCI Emerging Markets ETF | 7.49% |
| iShares Core International Aggregate Bond ETF | 4.98% |
| Alliance Bernstein | 3.72% |
| Japan Treasury Disc Bill | 2.33% |
| United States Treasury | 2.31% |
| United States Treasury | 2.29% |
| Canada Government Bonds | 1.89% |
| United States Treasury | 1.71% |
| NVIDIA Corp | 1.24% |
C000029020 Portfolio Allocation
Asset-class allocation of AB All Market Total Return Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 53.0% |
| Fixed Income | 27.2% |
| Securitized | 11.0% |
| Cash & Equivalents | 10.6% |
| Derivatives | 1.1% |
| Real Estate | 0.1% |
C000029020 Performance
Total returns for C000029020 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 6.8% |
| 3 years (annualised) | -1.8% |
C000029020 Risk Information
Risk metrics for C000029020, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.9%
C000029020 Costs and Fees
C000029020 costs about $142 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.42%
- Gross expense ratio: 1.43%
- Portfolio turnover: 190%
- Brokerage commissions: 3.98 bps of average net assets (SEC N-CEN)
C000029020 Cashflows
Over the 12 months to 2026-06, AB All Market Total Return Portfolio had net outflows of $15.23M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$4.71M |
| 2026-05 | −$4.28M |
| 2026-04 | −$5.09M |
| 2026-03 | −$4.84M |
| 2026-02 | −$4.11M |
| 2026-01 | −$4.22M |
C000029020 Debt Constituents
Largest debt holdings of AB All Market Total Return Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Canada Government Bonds | 1.89% |
| United States Treasury | 1.71% |
| U.K. Gilts | 1.10% |
| United States Treasury | 1.10% |
| Japan (10 Year Issue) | 0.85% |
| Bundesrepublik Deutschland Bundesanleihe | 0.80% |
| United States Treasury | 0.68% |
| United States Treasury | 0.66% |
| Canada Government Bonds | 0.63% |
| Canada Government Bonds | 0.51% |
C000029020 Prospectus and SEC Filings
Official AB All Market Total Return Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-12-29
- Prospectus (485BPOS) — filed 2024-12-26
- Prospectus (485BPOS) — filed 2023-12-29
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Annual census (N-CEN) — filed 2026-09-09
- Annual census (N-CEN) — filed 2025-11-13
Related Funds
Other Total Return Allocation 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.