AB Large Cap Value Fund Class A (ABVAX)
| Fund Assets | 415.81M |
| Expense Ratio | 0.85% |
| Min. Investment | $2,500 |
| Turnover | 53.00% |
| Dividend (ttm) | 2.10 |
| Dividend Yield | 11.43% |
| Dividend Growth | 171.74% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 17.57 |
| YTD Return | 4.01% |
| 1-Year Return | 7.74% |
| 5-Year Return | 95.04% |
| 52-Week Low | 15.17 |
| 52-Week High | 20.58 |
| Beta (5Y) | n/a |
| Holdings | 59 |
| Inception Date | Mar 29, 2001 |
About ABVAX
AB Large Cap Value Fund Class A is an equity mutual fund focused on achieving long-term capital growth by investing in a diversified portfolio of large capitalization companies based primarily in the United States. The fund targets stocks that the investment team identifies as undervalued, leveraging in-depth company analysis to uncover high-quality businesses with strong fundamentals and potential catalysts for appreciation. It typically allocates at least 80% of its net assets to equity securities in this large-cap value segment, with the flexibility to invest up to 15% of assets in non-U.S. companies. Notable sectors represented within the fund’s holdings include financial services, consumer defensive, technology, healthcare, and industrials, featuring companies such as Wells Fargo, Walmart, and NXP Semiconductors. Managed by AllianceBernstein, the fund aims to deliver attractive risk-adjusted returns over a full market cycle, appealing to investors seeking stable growth through established market leaders that may be overlooked by others. With an inception dating back to 2001, it plays a significant role among large value mutual funds and is designed for those interested in traditional, research-driven value investing strategies.
Performance
ABVAX had a total return of 7.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.99%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FVLCX | Fidelity | Fidelity Advisor Value Leaders Fund - Class C | 1.90% |
| FSLVX | Fidelity | Fidelity Stock Selector Large Cap Value Fund | 0.83% |
| SWLVX | Schwab | Schwab ® U.S. Large-Cap Value Index Fund | 0.03% |
| FVLIX | Fidelity | Fidelity Advisor Value Leaders Fund - Class I | 0.90% |
| FSCZX | Fidelity | Fidelity Advisor Stock Selector Large Cap Value Fund - Class Z | 0.72% |
Top 10 Holdings
31.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Walmart Inc. | WMT | 3.94% |
| Wells Fargo & Company | WFC | 3.81% |
| The Charles Schwab Corporation | SCHW | 3.62% |
| The Walt Disney Company | DIS | 3.33% |
| Bank of America Corporation | BAC | 3.11% |
| RTX Corporation | RTX | 3.02% |
| UnitedHealth Group Incorporated | UNH | 2.78% |
| McDonald's Corporation | MCD | 2.68% |
| Labcorp Holdings Inc. | LH | 2.61% |
| American Electric Power Company, Inc. | AEP | 2.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $2.0965 | Dec 16, 2024 |
| Dec 7, 2023 | $0.7715 | Dec 11, 2023 |
| Dec 8, 2022 | $1.9374 | Dec 12, 2022 |
| Dec 9, 2021 | $1.767 | Dec 13, 2021 |
| Dec 10, 2020 | $0.1769 | Dec 14, 2020 |
| Dec 12, 2019 | $0.329 | Dec 16, 2019 |