Key stats
About AB Core Plus Bond ETF
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Inception date
Dec 13, 2023
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
AllianceBernstein LP
Distributor
Foreside Fund Services LLC
CPLS seeks to maximize total return through an actively managed, diversified portfolio of bonds. The fund invests in USD-denominated corporate bonds, mortgage- and asset-backed securities, and debt obligations issued by US government-sponsored entities as well as federal agencies and instrumentalities that are not backed by the full faith and credit of the US Government. The fund adviser employs a dynamic multifactor approach that considers value, momentum, size, quality, carry, and volatility. The investment process also considers a bonds credit quality and interest rate sensitivity. The fund may invest in bonds of any maturity or duration, up to 15% of its net assets in high-yield bonds and without limit in USD-denominated foreign debt securities. The fund may hold derivatives for hedging and non-hedging purposes. Effective Feb. 10, 2025, CPLS acquired the assets and liabilities of the AB Total Return Bond Portfolio, a mutual fund with about $166 million in assets.
Classification
What's in the fund
Exposure type
Government
Corporate
Securitized
Stocks0.02%
Commercial Services0.02%
Bonds, Cash & Other99.98%
Government39.98%
Corporate38.64%
Securitized18.04%
Mutual fund4.08%
Cash−0.76%
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