Notable companies
The most notable companies in this group are PayPal Holdings (NASDAQ:PYPL).
Industry description
The investment seeks to maximize total return through current income and long-term capital appreciation.
The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets, including any borrowings for investment purposes, in investment grade fixed-income securities of corporate issuers. Corporate issuers may include corporate or other business entities in which a sovereign or governmental agency or entity may have, indirectly or directly, an interest, including a majority or greater ownership interest.
High and low price notable news
The average weekly price growth across all stocks in the AB Corporate Bond ETF ETF was 0%. For the same ETF, the average monthly price growth was -2%, and the average quarterly price growth was -2%. PYPL experienced the highest price growth at 7%, while PYPL experienced the biggest fall at 7%.