AB Corporate Income Fund is an actively managed mutual fund that primarily targets U.S. corporate bonds to generate high current income. Managed by AllianceBernstein, the fund allocates at least 80% of its net assets to a diversified portfolio of corporate debt securities, offering exposure to a broad cross-section of issuers and maturities. In addition to corporate bonds, it maintains flexibility to invest in U.S. government securities, repurchase agreements, and forward contracts linked to U.S. government securities, enabling dynamic risk and duration management. The fund's holdings encompass both investment-grade and select below-investment-grade bonds, providing a balanced approach to yield and credit risk. AB Corporate Income Fund pays dividends monthly, reflecting its income-focused mandate, and is suitable for investors seeking consistent income streams from fixed-income securities. With an inception date in 2006 and a robust asset base, the fund has established a track record within the miscellaneous fixed income category. Its strategy plays a significant role in the fixed income market by facilitating capital flows into corporate debt and helping investors meet income objectives amid varying market cycles.
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