Industry description
The investment seeks high current income consistent with preservation of capital.
The fund pursues its objective by investing, under normal circumstances, at least 80% of its net assets, including any borrowings for investment purposes, in income-producing securities. Under normal circumstances, the fund will typically maintain a dollar-weighted average duration of less than three years, although it may invest in securities of any duration or maturity.
High and low price notable news
The average weekly price growth across all stocks in the AB Short Duration Income ETF ETF was 0%. For the same ETF, the average monthly price growth was 1%, and the average quarterly price growth was 3%. NFE experienced the highest price growth at -33%, while NFE experienced the biggest fall at -33%.