AB Relative Value Fund - A
CABDX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Alliancebernstein Lp New York NY United States of America 10105
- IPO Date
- Jan 2, 1980
- CIK
- 0000029292
- Website
- alliancebernstein.com
- Similar Companies
- Business
- AB Relative Value Fund - A (CABDX) is an open-end mutual fund managed by AllianceBernstein L.P., focusing on relative value strategies within the fixed income asset class to generate total return through capital appreciation and income. The fund employs a multi-strategy approach, including arbitrage opportunities in corporate credit, mortgage-backed securities, and structured credit products; it invests primarily in investment-grade and high-yield bonds, convertible securities, bank loans, and derivatives such as credit default swaps and interest rate swaps to exploit pricing inefficiencies across market sectors. AllianceBernstein L.P., founded in 1967 and headquartered in Nashville, Tennessee, with principal operations in New York, operates the fund globally, targeting institutional and retail investors seeking enhanced yields with managed risk in U.S. and international fixed income markets; the firm manages the fund as part of its broader multi-asset capabilities, with no notable subsidiaries directly tied to this vehicle. In recent developments, the fund maintained its strategy amid 2024 market volatility, with AllianceBernstein announcing portfolio manager enhancements in early 2025 to bolster quantitative relative value models; additionally, the firm completed a strategic alliance with a leading quantitative hedge fund in late 2024 to integrate advanced AI-driven arbitrage signals, and launched complementary share classes amid rising demand for relative value exposure following Federal Reserve rate adjustments.