IDPAX

About IDPAX

AB Intermediate Duration Portfolio A is a mutual fund focused on core fixed-income investing. Its primary objective is to provide safety of principal alongside a moderate to high rate of income, with income distributions subject to taxes. The portfolio is managed with a global, multi-sector approach, investing in a broad range of fixed-income securities, including government, corporate, and securitized debt. The fund targets an average portfolio quality rated A or above, but can hold up to 25% in below-investment grade bonds, with no more than 5% rated as CCC. The portfolio’s duration generally falls between three and seven years, reflecting a moderate sensitivity to interest rate changes. Designed to balance income generation with prudent risk management, this fund plays a significant role in the intermediate core bond category, serving investors seeking diversification from equity markets and aims for an appealing risk/return profile. The investment process leverages a rigorous, research-driven methodology, drawing on the expertise of an experienced management team to maintain alignment with AllianceBernstein’s fixed-income standards and objectives.