ALTFX: AB Sustainable Global Thematic A

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ALTFX AB Sustainable Global Thematic A


Profile

ALTFX - Profile

Vitals

  • YTD Return 8.6%
  • 3 Yr Annualized Return 8.7%
  • 5 Yr Annualized Return 7.7%
  • Net Assets $1.16 B
  • Holdings in Top 10 24.6%

52 WEEK LOW AND HIGH

$133.34
$90.19
$133.34

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.26%

SALES FEES

  • Front Load 4.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 42.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Large Stock

Distributions

  • YTD Total Return 8.6%
  • 3 Yr Annualized Total Return 11.6%
  • 5 Yr Annualized Total Return 10.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AB Sustainable Global Thematic Fund
  • Fund Family Name
    AllianceBernstein
  • Inception Date
    Mar 01, 1982
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Daniel Roarty

Fund Description

The fund pursues opportunistic growth by investing in a global universe of companies that are positively exposed to sustainable investment themes. The Adviser employs a combination of "top-down" and "bottom-up" investment processes with the goal of identifying securities of companies worldwide, fitting into sustainable investment themes. The Adviser identifies sustainable investment themes that are broadly consistent with achieving the United Nations Sustainable Development Goals.


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Categories

Performance

ALTFX - Performance

Return Ranking - Trailing

Period ALTFX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.6% -35.7% 45.9% 11.40%
1 Yr 10.9% -27.7% 59.9% 14.47%
3 Yr 8.7%* -42.7% 32.3% 13.05%
5 Yr 7.7%* -27.4% 21.8% 11.57%
10 Yr 8.6%* -9.6% 14.9% 15.35%

* Annualized

Return Ranking - Calendar

Period ALTFX Return Category Return Low Category Return High Rank in Category (%)
2019 25.6% -14.9% 45.5% 29.50%
2018 -16.7% -73.8% 5.4% 65.74%
2017 37.2% -76.0% 54.2% 4.37%
2016 -1.3% -12.7% 28.3% 77.91%
2015 2.5% -36.4% 17.2% 9.12%

Total Return Ranking - Trailing

Period ALTFX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.6% -35.7% 45.9% 11.40%
1 Yr 10.9% -27.7% 59.9% 14.47%
3 Yr 11.6%* -32.6% 32.3% 10.64%
5 Yr 10.3%* -20.9% 21.9% 9.51%
10 Yr 10.0%* -9.6% 19.3% 22.44%

* Annualized

Total Return Ranking - Calendar

Period ALTFX Return Category Return Low Category Return High Rank in Category (%)
2019 25.6% -14.9% 45.5% 29.50%
2018 -9.9% -73.8% 5.4% 32.28%
2017 37.2% 0.8% 54.2% 4.59%
2016 2.6% -8.8% 29.2% 58.50%
2015 2.5% -36.4% 18.6% 23.76%

NAV & Total Return History


Holdings

ALTFX - Holdings

Concentration Analysis

ALTFX Category Low Category High ALTFX % Rank
Net Assets 1.16 B 218 K 104 B 25.00%
Number of Holdings 53 24 9820 75.23%
Net Assets in Top 10 264 M 236 K 17.8 B 29.17%
Weighting of Top 10 24.58% 9.8% 65.0% 58.72%

Top 10 Holdings

  1. MSCI Inc 2.97%
  2. Bio-Rad Laboratories Inc 2.93%
  3. Chr. Hansen Holding A/S 2.65%
  4. Gerresheimer AG 2.61%
  5. Royal Philips NV 2.55%
  6. Tecan Group Ltd 2.24%
  7. Adyen NV 2.23%
  8. Apple Inc 2.16%
  9. West Pharmaceutical Services Inc 2.13%
  10. Microsoft Corp 2.11%

Asset Allocation

Weighting Return Low Return High ALTFX % Rank
Stocks
93.11% 2.12% 105.37% 78.35%
Cash
6.90% -7.62% 89.42% 16.70%
Preferred Stocks
0.00% 0.00% 6.03% 27.52%
Other
0.00% -0.56% 20.43% 29.91%
Convertible Bonds
0.00% 0.00% 3.56% 19.82%
Bonds
0.00% -11.97% 19.38% 33.58%

Stock Sector Breakdown

Weighting Return Low Return High ALTFX % Rank
Technology
25.81% 3.47% 46.34% 17.80%
Healthcare
25.30% -4.43% 36.45% 5.14%
Industrials
13.06% -5.03% 37.07% 12.11%
Financial Services
12.75% -3.32% 31.84% 68.44%
Consumer Cyclical
7.13% 1.96% 37.76% 81.10%
Basic Materials
6.98% -0.64% 10.52% 3.85%
Consumer Defense
5.17% -1.09% 25.74% 72.66%
Utilities
1.98% -0.68% 12.59% 51.01%
Communication Services
1.81% -0.46% 68.91% 96.51%
Real Estate
0.00% -1.40% 17.38% 73.21%
Energy
0.00% 0.00% 11.01% 76.15%

Stock Geographic Breakdown

Weighting Return Low Return High ALTFX % Rank
Non US
48.23% -0.77% 87.50% 13.03%
US
44.88% -5.21% 76.95% 84.95%

Expenses

ALTFX - Expenses

Operational Fees

ALTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.26% 0.08% 44.68% 51.12%
Management Fee 0.75% 0.07% 1.75% 53.58%
12b-1 Fee 0.25% 0.00% 1.00% 23.78%
Administrative Fee N/A 0.01% 0.65% N/A

Sales Fees

ALTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 0.10% 5.75% 85.00%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ALTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.10% 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.

ALTFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 42.00% 1.00% 995.00% 58.27%

Distributions

ALTFX - Distributions

Dividend Yield Analysis

ALTFX Category Low Category High ALTFX % Rank
Dividend Yield 0.00% 0.00% 8.14% 17.98%

Dividend Distribution Analysis

ALTFX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

ALTFX Category Low Category High ALTFX % Rank
Net Income Ratio -0.03% -2.05% 7.25% 85.47%

Capital Gain Distribution Analysis

ALTFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

Fund Manager Analysis

ALTFX - Fund Manager Analysis

Managers

Daniel Roarty


Start Date

Tenure

Tenure Rank

May 23, 2013

7.03

7.0%

Daniel C. Roarty was appointed Senior Vice President of the Manager, with which he has been associated in a similar capacity since prior to 2015, and Chief Investment Officer of AB’s Thematic & Sustainable Equities team in 2013. He joined the firm in May 2011 as global technology sector head on the Global/International Research Growth team, and was named team leader for that team in early 2012. Roarty previously spent nine years at Nuveen Investments, where he co-managed both a large-cap and a multi-cap growth strategy. His research experience includes coverage of technology, industrials and financials stocks at Morgan Stanley and Goldman Sachs. Roarty holds a BS in finance from Fairfield University and an MBA from the Wharton School at the University of Pennsylvania. He is a CFA charterholder. Location: New York

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 29.43 6.72 14.51