AB FlexFee Large Cap Growth Advisor
Name
As of 10/15/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
10.4%
1 yr return
28.6%
3 Yr Avg Return
22.7%
5 Yr Avg Return
N/A
Net Assets
$431 M
Holdings in Top 10
51.3%
52 WEEK LOW AND HIGH
$22.0
$19.10
$24.95
Expenses
OPERATING FEES
Expense Ratio 0.10%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/15/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FFLYX - Profile
Distributions
- YTD Total Return 10.4%
- 3 Yr Annualized Total Return 22.7%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.47%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAB FlexFee Large Cap Growth Portfolio
-
Fund Family NameAllianceBernstein
-
Inception DateJun 28, 2017
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
The Fund invests primarily in equity securities of a limited number of large, carefully selected, high-quality U.S. companies. The Fund invests primarily in the domestic equity securities of companies selected by the Fund’s Adviser for their growth potential within various market sectors. The Fund emphasizes investments in large, seasoned companies. Under normal circumstances, the Fund will invest at least 80% of its net assets in common stocks of large-capitalization companies.
For these purposes, “large-capitalization companies” are those that, at the time of investment, have market capitalizations within the range of market capitalizations of companies appearing in the Russell 1000
®
Growth Index. While the market capitalizations of companies in the Russell 1000®
Growth Index ranged from approximately $0.6 billion to $2.3 trillion as of December 31, 2020, the Fund normally will invest in common stocks of companies with market capitalizations of at least $5 billion at the time of purchase. The Adviser expects that normally the Fund’s portfolio will tend to emphasize investments in securities issued by U.S. companies, although it may invest in foreign securities.
The investment team allocates the Fund’s investments among broad sector groups based on the fundamental company research conducted by the Adviser’s internal research staff, assessing the current and forecasted investment opportunities and conditions, as well as diversification and risk considerations. The investment team may vary the percentage allocations among market sectors and may change the market sectors in which the Fund invests as companies’ potential for growth within a sector matures and new trends for growth emerge.
The Adviser’s research focus is in companies with high sustainable growth prospects, high or improving return on invested capital, transparent business models, and strong and lasting competitive advantages.
The Fund may enter into derivatives transactions, such as options, futures contracts, forwards and swaps. The Fund may use options strategies involving the purchase and/or writing of various combinations of call and/or put options, including on individual securities and stock indices, futures contracts (including futures contracts on individual securities and stock indices) or shares of exchange-traded funds. These transactions may be used, for example, in an effort to earn extra income, to adjust exposure to individual securities or markets, or to protect all or a portion of the Fund’s portfolio from a decline in value, sometimes within certain ranges.
FFLYX - Performance
Return Ranking - Trailing
| Period | FFLYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.4% | -84.5% | 111.7% | 0.86% |
| 1 Yr | 28.6% | -84.4% | 116.6% | 0.48% |
| 3 Yr | 22.7%* | -38.4% | 27.4% | 0.77% |
| 5 Yr | N/A* | -29.1% | 23.2% | N/A |
| 10 Yr | N/A* | -15.6% | 19.6% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FFLYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 30.5% | -75.2% | 326.9% | 1.95% |
| 2022 | 35.2% | -18.9% | 56.5% | 3.25% |
| 2021 | 1.9% | -10.7% | 34.6% | 96.32% |
| 2020 | N/A | -27.1% | 2.5% | N/A |
| 2019 | N/A | -7.6% | 33.2% | N/A |
Total Return Ranking - Trailing
| Period | FFLYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.4% | -84.5% | 111.7% | 0.86% |
| 1 Yr | 28.6% | -84.4% | 140.4% | 1.73% |
| 3 Yr | 22.7%* | -38.4% | 32.9% | 1.18% |
| 5 Yr | N/A* | -27.5% | 22.9% | N/A |
| 10 Yr | N/A* | -15.2% | 19.7% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FFLYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 30.5% | -75.2% | 326.9% | 1.95% |
| 2022 | 35.2% | -18.9% | 56.5% | 3.25% |
| 2021 | 1.9% | -10.7% | 34.6% | 96.32% |
| 2020 | N/A | -19.4% | 3.9% | N/A |
| 2019 | N/A | -5.5% | 35.6% | N/A |
NAV & Total Return History
FFLYX - Holdings
Concentration Analysis
| FFLYX | Category Low | Category High | FFLYX % Rank | |
|---|---|---|---|---|
| Net Assets | 431 M | 189 K | 222 B | 63.40% |
| Number of Holdings | 50 | 2 | 3509 | 65.20% |
| Net Assets in Top 10 | 240 M | -1.37 M | 104 B | 61.33% |
| Weighting of Top 10 | 51.25% | 9.4% | 100.0% | 28.46% |
Top 10 Holdings
- Alphabet Inc Class C 8.57%
- Microsoft Corp 8.01%
- Facebook Inc Class A 5.77%
- AB Government Money Market AB 5.40%
- Amazon.com Inc 5.36%
- Visa Inc Class A 4.78%
- UnitedHealth Group Inc 3.75%
- Zoetis Inc Class A 3.39%
- Intuitive Surgical Inc 3.38%
- Intuitive Surgical Inc 3.38%
Asset Allocation
| Weighting | Return Low | Return High | FFLYX % Rank | |
|---|---|---|---|---|
| Stocks | 94.60% | 0.00% | 107.71% | 90.22% |
| Cash | 5.40% | -10.83% | 87.35% | 7.88% |
| Preferred Stocks | 0.00% | 0.00% | 4.41% | 56.86% |
| Other | 0.00% | -2.66% | 17.15% | 59.89% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 54.28% |
| Bonds | 0.00% | -1.84% | 98.58% | 53.83% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FFLYX % Rank | |
|---|---|---|---|---|
| Technology | 26.79% | 0.00% | 69.82% | 76.78% |
| Healthcare | 20.38% | 0.00% | 39.76% | 7.51% |
| Communication Services | 16.94% | 0.00% | 66.40% | 9.41% |
| Consumer Cyclical | 14.98% | 0.00% | 62.57% | 54.40% |
| Financial Services | 7.88% | 0.00% | 43.06% | 62.29% |
| Consumer Defense | 6.14% | 0.00% | 25.50% | 17.68% |
| Industrials | 5.47% | 0.00% | 30.65% | 59.10% |
| Basic Materials | 1.43% | 0.00% | 22.00% | 42.56% |
| Utilities | 0.00% | 0.00% | 16.07% | 68.06% |
| Real Estate | 0.00% | 0.00% | 29.57% | 85.13% |
| Energy | 0.00% | 0.00% | 41.09% | 78.30% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FFLYX % Rank | |
|---|---|---|---|---|
| US | 93.20% | 0.00% | 105.43% | 59.89% |
| Non US | 1.40% | 0.00% | 54.22% | 68.61% |
FFLYX - Expenses
Operational Fees
| FFLYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.10% | 0.01% | 7.09% | 98.32% |
| Management Fee | 0.05% | 0.00% | 1.50% | 1.71% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 1.02% | N/A |
Sales Fees
| FFLYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| FFLYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 5.00% | N/A |
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.
| FFLYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 37.00% | 0.00% | 316.74% | 56.45% |
FFLYX - Distributions
Dividend Yield Analysis
| FFLYX | Category Low | Category High | FFLYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.38% | 0.00% | 6.06% | 58.13% |
Dividend Distribution Analysis
| FFLYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| FFLYX | Category Low | Category High | FFLYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.47% | -6.13% | 2.90% | 7.29% |
Capital Gain Distribution Analysis
| FFLYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |