AB Select US Long/Short Portfolio Class A (ASLAX)
| Fund Assets | 1.51B |
| Expense Ratio | 1.90% |
| Min. Investment | $2,500 |
| Turnover | 296.00% |
| Dividend (ttm) | 1.86 |
| Dividend Yield | 12.84% |
| Dividend Growth | 80.57% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 9, 2025 |
| Previous Close | 14.50 |
| YTD Return | 0.28% |
| 1-Year Return | 5.60% |
| 5-Year Return | 43.99% |
| 52-Week Low | 12.76 |
| 52-Week High | 14.63 |
| Beta (5Y) | n/a |
| Holdings | 95 |
| Inception Date | Dec 12, 2012 |
About ASLAX
AB Select US Long/Short Portfolio Class A is an actively managed mutual fund designed to pursue long-term capital growth through a dynamic long/short equity strategy. The fund primarily invests in both long and short positions of U.S. equities and maintains flexibility across market capitalizations and investment styles, allowing its managers to adjust exposures in response to evolving market conditions. Its net equity exposure typically ranges between 30% and 70%, although it has operated within a broader band in varying environments. The portfolio tends to favor highly liquid investments and strategically holds significant allocations to cash and equivalents, enabling defensive positioning during periods of market stress. Notable holdings include prominent U.S. companies in the technology, communication, financial, and industrial sectors, while cash and money market allocations are used to manage risk and liquidity. The fund serves as a diversification tool within the alternatives segment of investor portfolios, offering potential for returns through both rising and falling markets, while its structure allows managers to mitigate downside risk and capitalize on near-term opportunities.
Performance
ASLAX had a total return of 5.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.44%.
Top 10 Holdings
68.35% of assets| Name | Symbol | Weight |
|---|---|---|
| AB Government Money Market A | AEAXX | 46.80% |
| NVIDIA Corporation | NVDA | 4.14% |
| Microsoft Corporation | MSFT | 3.34% |
| Apple Inc. | AAPL | 3.16% |
| Alphabet Inc. | GOOGL | 3.12% |
| Amazon.com, Inc. | AMZN | 2.17% |
| Berkshire Hathaway Inc. | BRK.B | 1.88% |
| Broadcom Inc. | AVGO | 1.39% |
| Meta Platforms, Inc. | META | 1.37% |
| Visa Inc. | V | 0.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 9, 2025 | $1.8604 | Dec 11, 2025 |
| Dec 10, 2024 | $1.0303 | Dec 12, 2024 |
| Dec 5, 2023 | $0.1503 | Dec 7, 2023 |
| Dec 6, 2022 | $0.8036 | Dec 8, 2022 |
| Dec 7, 2021 | $1.7377 | Dec 9, 2021 |
| Dec 8, 2020 | $0.5942 | Dec 10, 2020 |