Alliance Bernstein - AB Ultra Short Income ETF
$50.05−0.06 (−0.12%)
- Expense ratio
- 0.25%
- Fund size
- $1.5B
- 1Y return
- +3.0%
- Yield · Last 12 months
- 4.02%
- Holdings
- 169
- Volume · 30D
- 0.1M sh
- NAV per share
- $50.10
- 52W range
The ETF.net YEAR Grade
Score 55 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.FScore 23Category 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.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 56Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 59Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 60Category rank
Our read on YEAR
BThe fund that put AllianceBernstein in the ETF business. An active ultra-short bond portfolio that reaches past T-bills into investment-grade corporates and money-market paper, keeps duration under a year, and pays monthly.
The fund is actively managed and seeks current income with preservation of capital. It primarily invests in high-quality, investment-grade fixed-income and cash-equivalent securities with duration of one year or less, including corporate securities, Treasuries, repurchase agreements, money-market funds and other high-quality money-market instruments.
Why people hold it
- Actively managed, so duration, sector mix and individual bonds can shift inside the under-one-year window rather than following a fixed ladder.alliancebernstein.com
- Wider toolkit than government-only cash funds like SBIL and IQMM: investment-grade corporates, Treasuries, repos, CDs, commercial paper and money-market funds.
- A multi-billion-dollar fund that trades with reasonable regularity and distributes income monthly, spread across roughly 160 short-dated positions.
- One of AllianceBernstein's first two ETFs, launched in 2022, backed by a fixed income desk the firm has run for decades.prnewswire.com
Worth knowing
- At 0.25% a year, it prices above the middle of the cash-alternative group, and cheaper options including ICSH and JPST sit in the same aisle.
- Corporate credit and money-market paper are not T-bills. Capital preservation is a stated goal, not a floor, and the share price can move.alliancebernstein.com
- Duration under one year ties the income stream tightly to short-term rates, so the monthly payout rises and falls with them.
YEAR Holdings
- Bonds
- 169
- 45%
- ALLIANCEBERNSTEIN GOVT STIF SSC FUND 64BA AGIS 587
Geography
- United States83.82%
- United Kingdom5.16%
- Japan3.54%
- Canada2.93%
- France2.17%
- Netherlands1.25%
- Ireland0.62%
- Spain0.33%
- 0.18%
YEAR 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 | YEAR |
|---|---|
| Year to date | +1.8% |
| 1 month | −0.1% |
| 3 months | +0.6% |
| 1 year | +3.0% |
| 3 years | +4.7% |
| 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 | YEAR |
|---|---|---|
| 2026 YTD | +1.8% | |
| 2025 | +4.7% | |
| 2024 | +5.4% | |
| 2023 | +5.8% | |
| 2022 | +1.1% |
YEAR in the news
ETF.net Research hasn’t filed on YEAR yet — coverage lands here as it’s written.
YEAR Dividends
- 4.02%
- $2.02
- $0.16 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.16 |
| Aug 3, 2026 | Aug 6, 2026 | $0.16 |
| Jul 1, 2026 | Jul 7, 2026 | $0.16 |
| Jun 1, 2026 | Jun 4, 2026 | $0.16 |
| May 1, 2026 | May 6, 2026 | $0.17 |
| Apr 1, 2026 | Apr 7, 2026 | $0.16 |
| Mar 2, 2026 | Mar 5, 2026 | $0.17 |
| Feb 2, 2026 | Feb 5, 2026 | $0.17 |
| Dec 31, 2025 | Jan 5, 2026 | $0.20 |
| Dec 1, 2025 | Dec 4, 2025 | $0.17 |
| Nov 3, 2025 | Nov 6, 2025 | $0.17 |
| Oct 1, 2025 | Oct 6, 2025 | $0.18 |
YEAR Risk
- 0.8%
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.
- 0.18
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.
- −0.6%
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.
- 0.09
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
YEAR Cost
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
56 of the 77 Cash & Ultra-Short Income funds charge less.