About ABASX
AB Discovery Value Fund Class A is a mutual fund that focuses on investing in a diversified portfolio of equity securities, primarily targeting small- to mid-capitalization companies within the United States. The fund’s primary objective is to achieve long-term growth of capital by employing a value-oriented investment approach, seeking out companies with attractive valuations relative to their future cash earnings potential. It leverages in-depth fundamental research to identify opportunities with company-specific or industry catalysts that may unlock additional value.
This fund is managed by AllianceBernstein and is characterized by its high-conviction, deeper-value strategy, often investing in sectors such as consumer defensive, healthcare, utilities, financial services, real estate, and consumer cyclical industries. Its portfolio is actively managed, with a notable portion allocated to its top holdings, and it maintains a moderate turnover rate. The fund plays a significant role in the small- and mid-cap value segment of the market, aiming to provide investors with exposure to undervalued companies that are often less followed by industry analysts, thereby presenting potential opportunities for fundamental-driven growth.
Fund Family AllianceBernstein
Category Small Value
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol ABASX
Share Class Class A
Index Russell 2500 Value TR
ABASX had a total return of 13.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.63%.
