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AWABX AB Wealth Appreciation Strategy B

  • Fund
  • AWABX
  • Price as of: Jan 18, 2019
  • $15.38
  • + $0.17
  • + 1.12%
  • Category
  • Large Cap Blend Equities

AWABX - Profile

Vitals

  • YTD Return 6.3%
  • 3 Yr Annualized Return 4.2%
  • 5 Yr Annualized Return 2.6%
  • Net Assets $1.17 B
  • Holdings in Top 10 13.8%

52 WEEK LOW AND HIGH

$15.38
$13.79
$17.72

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.78%

SALES FEES

  • Front Load N/A
  • Deferred Load 4.00%

BROKERAGE FEES

  • Turnover 22.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2009-02-02

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Large Cap Blend Equities
  • Fund Type Open End Mutual Fund
  • Investment Style World Large Stock

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.29%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name AB Wealth Appreciation Strategy
  • Fund Family Name AllianceBernstein
  • Inception Date Sep 02, 2003
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Nelson Yu

Fund Description

The fund invests primarily in equity securities, either directly or through underlying investment companies advised by the Adviser ("Underlying Portfolios"). A majority of the fund's assets are expected to be invested directly in U.S. large-cap equity securities, primarily common stocks, in accordance with the Adviser's U.S. Strategic Equities investment strategy ("U.S. Strategic Equities").

AWABX - Performance

Return Ranking - Trailing

Period AWABX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.3% -92.6% 20.5% 53.63% 3
1 Yr -10.5% -51.7% 28.0% 87.76% 5
3 Yr 4.2% * -23.6% 16.5% 86.18% 5
5 Yr 2.6% * -12.1% 15.4% 92.61% 5
10 Yr 7.7% * 1.4% 18.8% 87.69% 5

* Annualized


Return Ranking - Calendar

Period AWABX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -12.6% -68.6% 409.0% 44.46% 3
2017 13.5% -41.8% 41.6% 35.47% 2
2016 0.3% -51.7% 186.3% 71.76% 4
2015 -3.0% -46.9% 42.8% 36.26% 3
2014 1.8% -31.3% 35.7% 59.95% 4

Total Return Ranking - Trailing

Period AWABX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.3% -100.0% 20.5% 53.48% 3
1 Yr -14.0% -52.5% 142.7% 93.03% 5
3 Yr 3.6% * -23.6% 57.6% 86.83% 5
5 Yr 2.6% * -12.1% 15.4% 91.34% 5
10 Yr 7.7% * 1.4% 18.8% 87.49% 5

* Annualized


Total Return Ranking - Calendar

Period AWABX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 -12.6% -68.6% 409.0% 45.25% 3
2017 13.5% -32.8% 42.3% 36.76% 2
2016 0.3% -27.9% 190.6% 80.73% 5
2015 -2.7% -40.3% 1119.1% 67.05% 4
2014 3.1% -37.8% 115.3% 90.15% 5

NAV & Total Return History

AWABX - Holdings

Filings data as of: Nov 30, 2018

Concentration Analysis

AWABX Category Low Category High AWABX % Rank Quintile
Net Assets 1.17 B 9.87 K 726 B 13.50% 2
Number of Holdings 1235 1 3780 1.59% 1
Net Assets in Top 10 175 M -639 M 117 B 19.74% 3
Weighting of Top 10 13.8% 2.2% 375.3% 36.46% 5

Top 10 Holdings

  1. Apple Inc 1.62%
  2. Alphabet Inc Class C 2.02%
  3. Bank of America Corporation 1.05%
  4. JPMorgan Chase & Co 1.29%
  5. Microsoft Corp 1.98%
  6. Visa Inc Class A 1.05%
  7. Berkshire Hathaway Inc B 1.21%
  8. Comcast Corp Class A 1.14%
  9. UnitedHealth Group Inc 1.27%
  10. Pfizer Inc 1.14%

Asset Allocation

Weighting Category Low Category High AWABX % Rank Quintile
Stocks
98.82% -9.22% 192.29% 7.54% 2
Cash
1.14% -172.04% 132.07% 19.09% 4
Other
0.03% -81.75% 100.00% 8.79% 2
Preferred Stocks
0.00% 0.00% 88.99% 3.60% 5
Convertible Bonds
0.00% 0.00% 4.63% 2.52% 5
Bonds
0.00% -94.35% 169.09% 7.54% 5

Stock Sector Breakdown

Weighting Category Low Category High AWABX % Rank Quintile
Technology
18.69% -10.25% 60.26% 17.11% 3
Financial Services
17.68% -5.32% 48.58% 10.04% 2
Consumer Cyclical
12.37% -7.80% 52.21% 10.47% 2
Healthcare
11.56% 0.00% 33.17% 22.96% 4
Industrials
9.65% 0.00% 48.40% 18.84% 3
Consumer Defense
8.91% 0.00% 59.58% 9.31% 2
Energy
6.31% -3.37% 100.00% 11.05% 2
Real Estate
4.70% -0.23% 17.83% 3.39% 1
Communication Services
3.41% -0.78% 17.25% 10.25% 2
Basic Materials
3.06% -1.28% 36.20% 10.97% 2
Utilities
2.45% -1.65% 32.10% 12.49% 3

Stock Geographic Breakdown

Weighting Category Low Category High AWABX % Rank Quintile
US
59.78% -11.35% 127.80% 31.12% 5
Non US
39.04% -1.33% 93.70% 0.94% 1

AWABX - Expenses

Operational Fees

AWABX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.78% 0.00% 303.36% 10.11% 4
Management Fee 0.65% 0.00% 2.25% 3.09% 4
12b-1 Fee 1.00% 0.00% 1.00% 0.11% 5
Administrative Fee N/A 0.00% 0.85% N/A N/A

Sales Fees

AWABX Fees (% of AUM) Category Low Category High AWABX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load 4.00% 0.00% 5.00% 1.14% 4

Trading Fees

AWABX Fees (% of AUM) Category Low Category High AWABX Rank Quintile
Max Redemption Fee N/A 0.15% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AWABX Fees (% of AUM) Category Low Category High AWABX Rank Quintile
Turnover 22.00% 0.00% 1754.00% 13.73% 2

AWABX - Distributions

Dividend Yield Analysis

AWABX Category Low Category High AWABX % Rank Quintile
Dividend Yield 0.4% 0.00% 15.04% 23.29% 2

Dividend Distribution Analysis

AWABX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AWABX Category Low Category High AWABX % Rank Quintile
Net Income Ratio 0.29% -1.94% 3.95% 16.10% 4

Capital Gain Distribution Analysis

AWABX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

AWABX - Managers

Nelson Yu

Manager

Start Date

Jul 10, 2017

Tenure

1.48

Tenure Rank

13.8%

Nelson Yu was appointed Head of Blend Strategies in early 2017. He is also a Portfolio Manager and Head of Quantitative Research for Equities, with responsibility for overseeing the research and application of risk and return models across the firm’s equity portfolios. In addition, Yu manages the currency overlay strategy across equity portfolios and is an advisory member of the Global Value, Emerging Markets Value and Strategic Core portfolios. He joined the firm in 1997 as a programmer and analyst, and served as deputy head of Value Equities Quantitative Research from 2009 until 2014. Yu was previously a supervising consultant at Grant Thornton. He holds a BSE in systems engineering and a BS in economics from the University of Pennsylvania, and is a CFA charterholder. Location: New York


Ding Liu

Manager

Start Date

Jul 10, 2017

Tenure

1.48

Tenure Rank

13.8%

N/A


Tenure Analysis

Category Low

0.0

Category High

83.1

Category Average

6.63

Category Mode

4.0