The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ACGZX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ACGZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of ACGZX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Expect a wild ride with this core-plus offering.
Saraja Samant
Analyst
Summary
AB Income’s flexible approach to risk-taking is sound, but a persistent churn across the firm’s fixed-income group limits our confidence.