Alliance Bernstein - AB Ultra Short Income ETF
YEAR
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 501 Commerce Street Nashville TN United States of America 37203
- IPO Date
- Sep 14, 2022
- Website
- alliancebernstein.com
- Similar Companies
- Business
- AB Ultra Short Income ETF (YEAR) is an actively managed exchange-traded fund that seeks to provide current income consistent with the preservation of capital by investing primarily in investment-grade fixed-income instruments with a duration of less than one year. The ETF offers exposure to a diversified portfolio including corporate securities, U.S. Treasuries, asset-backed securities, repurchase agreements, money-market funds, and high-quality money-market instruments such as commercial paper and certificates of deposit; it emphasizes ultra-short duration strategies to deliver higher yields relative to cash equivalents while maintaining stability, liquidity, and limited interest-rate sensitivity. YEAR trades on the NYSE Arca exchange and targets institutional and retail investors seeking low-risk income solutions in volatile bond markets, with key portfolio characteristics including an average effective duration of approximately 0.8-0.95 years, an average effective maturity of 0.89 years, and a weighted average coupon of around 4.01% as of recent data. Launched on September 14, 2022, by AllianceBernstein (AB), a global asset management firm founded through the 2000 merger of Alliance Capital Management (established 1971) and Sanford C. Bernstein & Co. (established 1967) and headquartered in Nashville, Tennessee, the ETF has grown significantly as part of AB's active ETF suite. AB, which manages approximately $860 billion in assets under management as of September 2025 and operates worldwide with key offices in New York, London, and other global financial centers, issued YEAR as one of its inaugural active fixed-income ETFs; the firm continues to expand its ETF offerings, including municipal bond and international equity products, amid strong industry demand for ultra-short income strategies. In recent developments, YEAR has attracted substantial inflows, including approximately $280 million over the six months ended May 2025 and around $250 million year-to-date through mid-2025, driving assets under management to over $1.4 billion by May 2025 and approximately $1.48 billion as of late 2025, fueled by its competitive 4.4% 30-day SEC yield and investment-grade focus amid elevated bond market volatility. Approaching its three-year anniversary in September 2025, YEAR benefits from AB's broader ETF momentum, where the active suite surpassed $7 billion in assets by May 2025 and later crossed $10 billion overall; concurrently, AB formed a major joint venture with Societe Generale in 2024 to launch Bernstein, enhancing its global cash equities and research capabilities. These expansions underscore AB's strategic growth in alternatives, fixed income, and ETF platforms, including the 2022 acquisition of CarVal Investors to bolster private alternatives.