Fund Evaluator:
AB Bond Inflation Strategy Advisor (ABNYX)
Follow This Fund
Best Performing in Short-Term Inflation-Protected Bond Over the Last Year
| 3.4% | Vanguard Shrt-Term Infl-Prot Sec Idx Adm (VTAPX) |
| 3.3% | T. Rowe Price US Limited Dtn TIPS Z (TLDZX) |
| 3.3% | American Century Short Dur Infl ProBd Y (APOYX) |
| 3.1% | iShares Short-Term TIPS Bond Idx Inv A (BAIPX) |
| 3.1% | American Century Short Dur Inf PrBd Inv (APOIX) |
Fund Details
AB Bond Inflation Strategy Advisor Overview
AB Bond Inflation Strategy Advisor (ABNYX) is an actively managed Taxable Bond Short-Term Inflation-Protected Bond fund. AllianceBernstein launched the fund in 2010.
The investment seeks to maximize real return without assuming what the Adviser considers to be undue risk. The fund pursues its objective by investing principally in inflation-indexed securities (such as Treasury Inflation-Protected Securities ("TIPS") or inflation-indexed securities from issuers other than the U.S. Treasury) or by gaining inflation protection through derivatives transactions, such as inflation (CPI) swaps or total return swaps linked to TIPS. Under normal circumstances, it invests at least 80% of its net assets in fixed-income securities.
About AB Bond Inflation Strategy Advisor (ABNYX)
There are 3 members of the management team with an average tenure of 4.83 years: Matthew Sheridan (2025), Michael Canter (2016), Serena Zhou (2024). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Bloomberg US Trsy Infl Note 1-10Y TR USD index with a weighting of 100%. AB Bond Inflation Strategy Advisor has 355 securities in its portfolio. The top 10 holdings constitute 116.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
AB Bond Inflation Strategy Advisor is part of the Fixed Income global asset class and is within the Taxable Bond fund group. AB Bond Inflation Strategy Advisor has 7.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0%. There is 0.0% allocated to foreign stock, and 0.4% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 85.5% (78.5% domestic bond, 7.1% foreign bond and 0.0% convertible bond). AB Bond Inflation Strategy Advisor has 14.1% of the portfolio in cash.
Assets Under Management
The fund has $229 million in total assets, which is below the $1 billion average for the Short-Term Inflation-Protected Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ABNYX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The AB Bond Inflation Strategy Advisor expense ratio is average compared to funds in the Short-Term Inflation-Protected Bond category. AB Bond Inflation Strategy Advisor has an expense ratio of 0.58%, which is 12% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. AB Bond Inflation Strategy Advisor has a portfolio turnover rate of 61%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 63% for the Short-Term Inflation-Protected Bond category.
Recently, in the month of July 2026, AB Bond Inflation Strategy Advisor returned -0.1%, which earned it a grade of D, as the Short-Term Inflation-Protected Bond category had an average return of 0.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
AB Bond Inflation Strategy Advisor has a trailing yield of 4.71%, which is above the 4.56% category average. The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
AB Bond Inflation Strategy Advisor Grades
Year to date, the fund has returned 1.0%, 0.4 percentage points worse than the category, which translates into a grade of F. The fund has returned 2.6% over the past year (grade of F), 4.8% over the past three years (grade of C) and 1.8% per year over the past five years (grade of F) and 3.2% per year over the past 10 years (grade of B).
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ABNYX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ABNYX Return (NAV) | -0.1% | -0.5% | 2.6% | 4.8% | 1.8% | 3.2% |
| ABNYX Grade | D | D | F | C | F | B |
| +/- Category | -0.2% | -0.2% | -0.4% | 0.1% | -0.7% | 0.2% |
| Short-Term Inflation-Protected Bond Avg | 0.1% | -0.3% | 3.0% | 4.8% | 2.4% | 3.1% |
| ABNYX Tax Cost Ratio | na | na | 1.9% | 1.8% | 1.9% | 1.5% |
ABNYX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ABNYX Return (NAV) | 1.0% | 7.0% | 3.6% | 5.1% | -8.5% | 6.5% | 9.3% | 8.4% | -1.1% | 2.9% | 6.5% |
| ABNYX Grade | F | A | D | A | F | B | A | A | D | A | A |
| +/- Category | -0.4% | 0.7% | -0.6% | 0.9% | -3.5% | -0.0% | 3.2% | 2.9% | -0.7% | 1.7% | 2.5% |
| Short-Term Inflation-Protected Bond Avg | 1.4% | 6.3% | 4.3% | 4.2% | -5.0% | 6.5% | 6.1% | 5.5% | -0.4% | 1.2% | 4.0% |
| Risk Measures | |
| Standard Deviation: | 3.2% |
| Total Risk Index: | 0.26 - Low |
| Category Risk Index: | 1.42 - High |
| Category Risk Grade: | F (98% Rank) |
| Beta: | 0.48 |
| R-Squared: | 75% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 4.7% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | Annually |
| Total Assets: | $832 Mil |
| Fund Total Assets: | $ 230 Mil |
| Share Class Type: | Adv |
| Portfolio Turnover: | 61% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 10.5 years | |||
| Average Tenure: 4.8 years | |||
| Managers (Year): Canter Michael (2016), Zhou Serena (2024), Sheridan Matthew (2025) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 355 |
| % in Top 10 Holdings: | 116.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 7.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.4% |
| Domestic Bond: | 78.5% |
| Foreign Bond: | 7.1% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 14.1% |
Purchase Information
| Fund Family: | AllianceBernstein |
| Phone Number: | 800-221-5672 |
| Website: | www.AllianceBernstein.com |
| Status: | Open |
| Inception Date: | January 26, 2010 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.58% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.52% |
| Share Class: | AB Bond Inflation Strategy I |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
