ABAEX: AB Emerging Markets Multi-Asset Portfolio - MutualFunds.com
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AB Emerging Markets Multi-Asset A

ABAEX - Snapshot

Vitals

  • YTD Return 6.4%
  • 3 Yr Annualized Return 4.8%
  • 5 Yr Annualized Return 9.1%
  • Net Assets $188 M
  • Holdings in Top 10 25.0%

52 WEEK LOW AND HIGH

$10.78
$6.47
$10.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.76%

SALES FEES

  • Front Load 4.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 117.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification

Compare ABAEX to Popular Emerging Markets Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Emerging Markets Stock Index Fund

Fund

$34.12

-0.70%

$101.43 B

-

$0.00

7.46%

-

Vanguard Emerging Markets Stock Index Fund

VWO | ETF

$54.00

-0.72%

$101.43 B

1.76%

$0.95

7.76%

-

iShares Core MSCI Emerging Markets ETF

IEMG | ETF

$66.85

-0.90%

$68.72 B

1.72%

$1.16

7.75%

-

American Funds New World Fund®

Fund

$91.87

-0.39%

$54.35 B

0.09%

$0.09

4.46%

-

Invesco Developing Markets Fund

Fund

$56.93

-1.01%

$47.93 B

-

$0.00

4.82%

-

ABAEX - Profile

Distributions

  • YTD Total Return 6.4%
  • 3 Yr Annualized Total Return 3.3%
  • 5 Yr Annualized Total Return 8.2%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.26%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    AB Emerging Markets Multi-Asset Portfolio
  • Fund Family Name
    AllianceBernstein
  • Inception Date
    Aug 31, 2011
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Morgan Harting

Fund Description

The fund invests at least 80% of its net assets under normal circumstances in securities of emerging market issuers and/or the currencies of emerging market countries. It will invest between 30% and 95% of its net assets in equity securities, and between 0% and 65% of its net assets in debt securities, with any remainder held in cash (including foreign currency). The fund is not constrained based on the country, region, market capitalization, credit quality or duration of its investments and its assets may at times be concentrated in a particular country or region.

ABAEX - Performance

Return Ranking - Trailing

Period ABAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.4% -2.1% 15.7% 62.83%
1 Yr 13.5% -19.8% 81.6% 70.80%
3 Yr 4.8%* -6.9% 29.7% 60.13%
5 Yr 9.1%* 0.5% 27.1% 85.43%
10 Yr N/A* -0.9% 10.1% N/A

* Annualized

Return Ranking - Calendar

Period ABAEX Return Category Return Low Category Return High Rank in Category (%)
2020 10.8% -22.1% 480.0% 71.71%
2019 12.1% -26.9% 42.0% 84.72%
2018 -18.4% -58.5% 34.6% 51.29%
2017 16.1% -33.4% 66.6% 96.88%
2016 7.0% -11.5% 241.3% 51.30%

Total Return Ranking - Trailing

Period ABAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.4% -2.1% 15.7% 62.83%
1 Yr 8.6% -19.8% 81.6% 82.90%
3 Yr 3.3%* -6.9% 29.7% 74.43%
5 Yr 8.2%* 0.5% 27.1% 89.44%
10 Yr N/A* -0.9% 10.1% N/A

* Annualized

Total Return Ranking - Calendar

Period ABAEX Return Category Return Low Category Return High Rank in Category (%)
2020 10.8% -22.1% 480.0% 71.71%
2019 12.1% -14.7% 42.0% 84.72%
2018 -14.0% -41.9% 36.2% 13.61%
2017 20.4% -24.0% 66.6% 95.47%
2016 11.7% -10.0% 249.6% 23.83%

NAV & Total Return History

ABAEX - Holdings

Concentration Analysis

ABAEX Category Low Category High ABAEX % Rank
Net Assets 188 M 843 K 101 B 64.72%
Number of Holdings 448 1 5629 14.68%
Net Assets in Top 10 43.1 M 463 K 24.1 B 67.63%
Weighting of Top 10 24.99% 2.8% 100.0% 82.93%

Top 10 Holdings

  1. AB Government Money Market AB 6.56%
  2. Alibaba Group Holding Ltd Ordinary Shares 3.19%
  3. Alibaba Group Holding Ltd Ordinary Shares 3.19%
  4. Alibaba Group Holding Ltd Ordinary Shares 3.19%
  5. Alibaba Group Holding Ltd Ordinary Shares 3.19%
  6. Alibaba Group Holding Ltd Ordinary Shares 3.19%
  7. Alibaba Group Holding Ltd Ordinary Shares 3.19%
  8. Alibaba Group Holding Ltd Ordinary Shares 3.19%
  9. Alibaba Group Holding Ltd Ordinary Shares 3.19%
  10. Alibaba Group Holding Ltd Ordinary Shares 3.19%

Asset Allocation

Weighting Return Low Return High ABAEX % Rank
Stocks 		55.18% 43.59% 115.67% 99.40%
Bonds 		37.99% -0.07% 55.55% 0.84%
Cash 		6.83% -15.67% 15.92% 4.09%
Preferred Stocks 		0.00% 0.00% 1.77% 86.64%
Other 		0.00% -1.94% 6.87% 85.08%
Convertible Bonds 		0.00% 0.00% 16.20% 84.72%

Stock Sector Breakdown

Weighting Return Low Return High ABAEX % Rank
Technology 		22.62% 0.00% 49.20% 43.10%
Financial Services 		21.60% 0.00% 44.61% 21.43%
Consumer Cyclical 		16.55% 0.00% 46.59% 45.28%
Basic Materials 		11.87% 0.00% 23.39% 6.05%
Communication Services 		9.44% 0.00% 42.46% 81.72%
Energy 		4.86% 0.00% 21.89% 24.21%
Consumer Defense 		3.54% 0.00% 28.59% 89.59%
Industrials 		3.01% 0.00% 43.93% 80.39%
Utilities 		2.75% 0.00% 38.17% 14.53%
Real Estate 		2.58% 0.00% 20.93% 34.26%
Healthcare 		1.17% 0.00% 97.75% 87.05%

Stock Geographic Breakdown

Weighting Return Low Return High ABAEX % Rank
Non US 		54.83% 0.00% 111.26% 98.80%
US 		0.35% -1.02% 100.11% 53.07%

Bond Sector Breakdown

Weighting Return Low Return High ABAEX % Rank
Government 		62.35% 0.00% 68.04% 0.60%
Corporate 		22.42% 0.00% 100.00% 8.46%
Cash & Equivalents 		15.24% 0.00% 100.00% 96.13%
Derivative 		0.00% 0.00% 100.00% 86.46%
Securitized 		0.00% 0.00% 14.88% 84.89%
Municipal 		0.00% 0.00% 6.72% 84.89%

Bond Geographic Breakdown

Weighting Return Low Return High ABAEX % Rank
Non US 		35.55% -184.53% 55.55% 0.84%
US 		2.44% -0.07% 195.30% 1.32%

ABAEX - Expenses

Operational Fees

ABAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.76% 0.04% 40.36% 32.01%
Management Fee 0.85% 0.00% 2.00% 41.22%
12b-1 Fee 0.25% 0.00% 1.00% 54.86%
Administrative Fee N/A 0.01% 1.25% N/A

Sales Fees

ABAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 0.40% 5.75% 84.07%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ABAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.40% 2.00% 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.

ABAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 117.00% 0.00% 420.00% 89.30%

ABAEX - Distributions

Dividend Yield Analysis

ABAEX Category Low Category High ABAEX % Rank
Dividend Yield 0.00% 0.00% 4.27% 85.22%

Dividend Distribution Analysis

ABAEX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

ABAEX Category Low Category High ABAEX % Rank
Net Income Ratio 3.26% -2.06% 6.05% 6.11%

Capital Gain Distribution Analysis

ABAEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Quarterly Annually

Dividend Payout History

View More +

ABAEX - Fund Manager Analysis

Managers

Morgan Harting

Start Date

Tenure

Tenure Rank

Aug 31, 2011

9.34

9.3%

Morgan Harting is the lead Portfolio Manager for all Multi-Asset Income strategies and for the Emerging Markets Multi-Asset Portfolio. He joined AB in 2007 as part of the global and emerging-market equities portfolio-management team. Prior to that, Harting was a sovereign-debt analysts, first at Standard & Poor's and then at Fitch Ratings, where he was a senior director. He holds a BA from Wesleyan University, and both an MA in international relations and an MBA from Yale University, where he was a graduate teaching fellow in internaitonal economics. Harting is a CFA charterholder and a Chartered Alternative Investment Analysts. Location: New York

Henry D'Auria

Start Date

Tenure

Tenure Rank

Aug 31, 2011

9.34

9.3%

Henry D'Auria, CFA is a Portfolio Manager at AllianceBernstein and has been with the firm since 1991. Mr. D'Auria is the Chief Investment Officer of Emerging Markets Value Equities, a position he has held since 2002, and Portfolio Manager for the Next 50 Emerging Markets Fund. Mr. D'Auria holds a B.A. in economics from Trinity College and is a CFA charterholder.

Shamaila Khan

Start Date

Tenure

Tenure Rank

Jul 31, 2017

3.42

3.4%

Shamaila Khan is a Director of AB’s Emerging Market Debt strategies. In January 2017, she was named a Director of Emerging Market Debt, expanding her influence on our Emerging Market Debt team to include the management and oversight of our hard- and local-currency emerging-market sovereign-debt strategies. Khan joined AB in 2011 as a senior vice president and portfolio manager, focusing on emerging-market corporate and quasi-sovereign issuers across all of AB’s emerging-market debt and credit strategies. She has been actively managing and evaluating corporate and sovereign emerging-market debt issuance since 1997. Prior to joining AB, Khan served as managing director of emerging-market debt for TIAA-CREF. She has participated in many emerging-market panels and discussions worldwide, including Fitch’s Annual Emerging Markets Outlook Conference, the Bank of America Merrill Lynch Emerging Markets Conference and Debtwire Emerging Markets Investors Summit. Khan holds a BBA from Quaid-i-Azam University, Pakistan, and an MBA (with honors) from New York University’s Leonard N. Stern School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 33.87 5.76 1.08

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