Alliance Bernstein - AB Core Plus Bond ETF
$33.78−0.33 (−0.96%)
- Expense ratio
- 0.30%
- Fund size
- $203M
- 1Y return
- −0.5%
- Yield · Last 12 months
- 4.77%
- Holdings
- 820
- Volume · 30D
- 0M sh
- NAV per share
- $34.12
- 52W range
The ETF.net CPLS Grade
Score 59 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 56Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 37Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 44Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 34Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 38Category rank
Our read on CPLS
BAn actively run core-plus bond fund priced at 0.30%, with room to roam past the Agg into lower-rated and securitized credit. Built by a fixed-income house rather than an index shop, and launched in December 2023.
The fund seeks to maximize total return through current income and long-term capital appreciation. It is actively managed and invests primarily in fixed-income securities, with selective exposure to lower-rated and securitized debt.
Why people hold it
- 0.30% sits below the median fee in its bond peer group and undercuts active core-plus rivals like FBND (0.36%), FLXR (0.40%) and DBND (0.45%).
- The Bloomberg U.S. Aggregate is the yardstick, not the cage: managers can add lower-rated and securitized debt that a pure index tracker has to skip.
- The portfolio matches its stated core-plus mandate closely, spreading risk across roughly 800 bonds and paying income monthly.
- Security selection is systematic and bottom-up, leaning on value and momentum signals rather than a single manager's macro hunch.alliancebernstein.com
Worth knowing
- Thinly traded and still a small fund, so spreads run wider than the giant Agg trackers. Limit orders earn their keep here.
- Plain index Agg funds (BND, AGG, SPAB) charge 0.03%. You are paying roughly ten times that for manager judgment, and that judgment is the whole difference.
- Launched in December 2023, so there is no track record spanning a full rate cycle. The 'plus' sleeve also adds credit risk the Agg does not carry.
CPLS Holdings
- Bonds
- 820
- 39%
- US 5YR NOTE (CBT) DEC26 XCBT 20261231
Sectors
- Government54.3%
- Corporate38.7%
- Securitized7.0%
Geography
- United States100.00%
CPLS Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CPLS |
|---|---|
| Year to date | −1.1% |
| 1 month | −0.8% |
| 3 months | −1.6% |
| 1 year | −0.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CPLS |
|---|---|---|
| 2026 YTD | −1.1% | |
| 2025 | +6.9% | |
| 2024 | +1.6% | |
| 2023 | +1.2% |
CPLS in the news
ETF.net Research hasn’t filed on CPLS yet — coverage lands here as it’s written.
CPLS Dividends
- 4.77%
- $1.63
- $0.13 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.13 |
| Aug 3, 2026 | Aug 6, 2026 | $0.13 |
| Jul 1, 2026 | Jul 7, 2026 | $0.13 |
| Jun 1, 2026 | Jun 4, 2026 | $0.13 |
| May 1, 2026 | May 6, 2026 | $0.13 |
| Apr 1, 2026 | Apr 7, 2026 | $0.13 |
| Mar 2, 2026 | Mar 5, 2026 | $0.13 |
| Feb 2, 2026 | Feb 5, 2026 | $0.13 |
| Dec 31, 2025 | Jan 5, 2026 | $0.20 |
| Dec 1, 2025 | Dec 4, 2025 | $0.13 |
| Nov 3, 2025 | Nov 6, 2025 | $0.13 |
| Oct 1, 2025 | Oct 6, 2025 | $0.13 |
CPLS Risk
- 4.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.30
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.15
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CPLS Cost
- The middle half of US Aggregate Bond funds
- Median 0.34%
49 of the 112 US Aggregate Bond funds charge less.