AB Growth Fund Class A (AGRFX)
| Fund Assets | 1.58B |
| Expense Ratio | 1.12% |
| Min. Investment | $2,500 |
| Turnover | 37.00% |
| Dividend (ttm) | 23.12 |
| Dividend Yield | 18.97% |
| Dividend Growth | 233.72% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 116.67 |
| YTD Return | 8.18% |
| 1-Year Return | 26.75% |
| 5-Year Return | 93.84% |
| 52-Week Low | 90.99 |
| 52-Week High | 138.64 |
| Beta (5Y) | n/a |
| Holdings | 60 |
| Inception Date | Sep 4, 1990 |
About AGRFX
AB Growth Fund Class A is a mutual fund that seeks long-term capital growth by investing primarily in U.S. equity securities. The fund targets companies across the entire market capitalization spectrum, emphasizing those with strong, experienced management teams and robust market positions that demonstrate the potential for delivering above-average, long-term earnings growth. Notably, the portfolio is diversified across large and mid-cap firms but maintains flexibility to include companies of any size and may, on occasion, invest in select non-U.S. stocks. The fund generally holds between 50 and 70 securities, resulting in a concentrated portfolio with high-conviction positions, as evidenced by significant allocations to leading technology, consumer, healthcare, and financial companies. Regularly reviewed by a seasoned investment team, the fund’s strategy leverages in-depth research to identify quality growth opportunities while managing risk exposure. AB Growth Fund Class A is recognized for its structured approach to capturing gains in dynamic market sectors, making it a significant participant in the U.S. growth equity category.
Performance
AGRFX had a total return of 26.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.56%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FAOFX | Fidelity | Fidelity Advisor Series Growth Opportunities Fund | 0.01% |
| FCGSX | Fidelity | Fidelity Series Growth Company Fund | 0.57% |
| FDGRX | Fidelity | Fidelity Growth Company Fund | 0.52% |
| FGCKX | Fidelity | Fidelity Growth Company Fund - Class K | 0.45% |
| FGKFX | Fidelity | Fidelity Growth Company K6 Fund | 0.45% |
Top 10 Holdings
48.04% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 7.42% |
| Amazon.com, Inc. | AMZN | 6.81% |
| Microsoft Corporation | MSFT | 6.38% |
| Meta Platforms, Inc. | META | 5.62% |
| Netflix, Inc. | NFLX | 4.76% |
| Visa Inc. | V | 4.66% |
| Broadcom Inc. | AVGO | 3.90% |
| Eli Lilly and Company | LLY | 3.34% |
| Alphabet Inc. | GOOG | 3.08% |
| Verisk Analytics, Inc. | VRSK | 2.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $23.1183 | Dec 12, 2024 |
| Dec 5, 2023 | $6.9275 | Dec 7, 2023 |
| Dec 6, 2022 | $1.3233 | Dec 8, 2022 |
| Dec 7, 2021 | $11.0897 | Dec 9, 2021 |
| Dec 8, 2020 | $5.9531 | Dec 10, 2020 |
| Dec 10, 2019 | $6.2465 | Dec 12, 2019 |