AB GLOBAL BOND FUND, INC.
Actively managed global bond fund
As of its 2026 Q2 report, AB GLOBAL BOND FUND, INC. held 1,798 positions with $7.13B in net assets. Its ten largest holdings made up 30.4% of the fund. The ANAGX share class costs 0.78% a year. Over the 12 months to May 2026, ANAGX returned 3.7%, with dividends reinvested. In 2026 Q2 it added 531 new positions and exited 510.
The Funds investment objective is to generate current income consistent with preservation of capital.
The fund actively selects fixed-income securities across developed and emerging markets, emphasizing non-U.S. issuers and holdings in at least three countries, with allocations adjusted based on the adviser's assessment of yield, credit quality, interest-rate sensitivity, and currency appreciation potential. The fund maintains at least 75% in investment-grade debt but may hold up to 25% in below-investment-grade securities. Because security selection depends on the adviser's discretionary judgments about relative value and economic conditions, fund returns will diverge from any benchmark.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
United States Treasury 3.50% · due 2031-02-28 | 6.14% | $438.00M | — |
Canada Government Bonds 2.75% · due 2031-03-01 | 5.71% | $407.20M | — |
Government National Mortgage Association 5.50% · due 2054-07-01 | 3.21% | $228.93M | — |
JAPAN (10 YEAR ISSUE) 2.40% · due 2036-03-20 | 2.50% | $178.05M | — |
Government National Mortgage Association 5.00% · due 2054-07-01 | 2.41% | $171.66M | — |
United States Treasury 1.25% · due 2028-05-31 | 2.38% | $169.84M | — |
Alliance Bernstein | 2.15% | $153.02M | — |
United States Treasury 1.25% · due 2031-04-15 | 2.08% | $148.15M | — |
United States Treasury 0.13% · due 2031-07-15 | 1.95% | $139.14M | — |
Canada Government Bonds 2.75% · due 2030-03-01 | 1.89% | $135.11M | — |
The 200 largest of 1,798 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Bonds | 82.69% |
| Securitized | 30.09% |
| Cash & short-term | 2.12% |
| Derivatives | 0.41% |
| 2 smaller | 0.22% |
These positions come to 115.53% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Derivatives are shown at market value, not notional exposure.
How it has done
ANAGX share class · total returns with dividends reinvested
Volatility over the last 12 months: 3.16%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 7 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.78% | +3.66% | +13.29% | +2.27% | -2.75% | |
| 1.53% | +2.73% | +10.53% | -1.67% | -3.04% | |
| — | — | — | — | — | |
| — | — | — | — | — | |
| 0.55% | +3.61% | +13.73% | +3.29% | -2.67% | |
| 0.53% | +3.78% | +13.97% | +3.53% | -2.65% | |
| 0.51% | +3.80% | +14.08% | +3.59% | -2.64% |
Fees & fund details
AB GLOBAL BOND FUND, INC. is an actively managed global bond fund. 0% of ANAGX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).
- Asset class
- Bonds
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
- Credit quality
- Investment grade
- Rate sensitivity
- Intermediate duration
- Expense ratio, by class
- 0.51% – 1.53%· ANAGX 0.78%
- Portfolio turnover
- 301.00% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
531 new· the largest 4
510 exited· the largest 4
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 89.0% |
| Floating rate | 11.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 1.2% |
| 1-3y | 9.6% |
| 3-5y | 25.6% |
| 5-10y | 24.0% |
| 10y+ | 39.7% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying a small fraction as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 76% |
| Credit spreads | 24% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +1.79 yr |
| High yield | +0.16 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.01 yr | 0% |
| 1 yr | 0.70 yr | 11% |
| 5 yr | 2.37 yr | 37% |
| 10 yr | 2.09 yr | 33% |
| 30 yr | 1.16 yr | 18% |
| 3 mo | 0.01 yr | 1% |
| 1 yr | 0.35 yr | 18% |
| 5 yr | 0.95 yr | 48% |
| 10 yr | 0.40 yr | 20% |
| 30 yr | 0.25 yr | 13% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.01 | +0.01 | +0.00 | $8.3k | $1.9k |
| 1 yr | +0.70 | +0.31 | +0.04 | $220.8k | $27.3k |
| 5 yr | +2.37 | +0.85 | +0.10 | $606.0k | $68.2k |
| 10 yr | +2.09 | +0.37 | +0.03 | $264.3k | $19.4k |
| 30 yr | +1.16 | +0.25 | +0.00 | $175.6k | $444 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Duration contribution in years, summing to the fund's 6.33 yr.
This is where the fund's rate exposure sits, not its currency risk — most international bond funds hedge the currency back to dollars, and the size of those hedges is not in the filing. Tenors are also summed across curves, so a 5-year JPY point and a 5-year USD point are added together.
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