AB Sustainable Global Thematic Fund Class C (ATECX)
| Fund Assets | 1.63B |
| Expense Ratio | 1.78% |
| Min. Investment | $2,500 |
| Turnover | 31.00% |
| Dividend (ttm) | 11.70 |
| Dividend Yield | 11.03% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 107.41 |
| YTD Return | 4.07% |
| 1-Year Return | 3.95% |
| 5-Year Return | 31.15% |
| 52-Week Low | 84.60 |
| 52-Week High | 122.30 |
| Beta (5Y) | n/a |
| Holdings | 54 |
| Inception Date | May 3, 1993 |
About ATECX
AB Sustainable Global Thematic Fund, Inc. is an actively managed mutual fund focused on international equity investments, with a particular emphasis on large-cap growth stocks. The fund aims to achieve long-term capital growth by investing in a diversified portfolio of companies worldwide, spanning both developed and emerging markets. Its investment process is centered around identifying forward-looking sustainable investment themes that are broadly consistent with the United Nations Sustainable Development Goals, such as health, climate, and empowerment. The fund typically maintains a concentrated portfolio of 30 to 60 stocks that demonstrate strong alignment with these themes and have the potential for sustainable earnings growth. In constructing its portfolio, the fund excludes companies involved in sectors misaligned with sustainability principles, including those producing coal, tobacco, controversial weapons, and other restricted industries. By combining top-down thematic analysis with rigorous bottom-up company selection, the AB Sustainable Global Thematic Fund plays a distinctive role in the market by offering exposure to global trends that aim to deliver positive social and environmental outcomes while seeking attractive risk-adjusted returns for investors.
Performance
ATECX had a total return of 3.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.72%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VHGEX | Vanguard | Vanguard Global Equity Fund Investor Shares | 0.43% |
Top 10 Holdings
31.11% of assets| Name | Symbol | Weight |
|---|---|---|
| AB Government Money Market A | AEAXX | 5.11% |
| Microsoft Corporation | MSFT | 4.05% |
| Flex Ltd. | FLEX | 3.09% |
| NVIDIA Corporation | NVDA | 3.06% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 2.94% |
| London Stock Exchange Group plc | LSEG | 2.77% |
| Visa Inc. | V | 2.76% |
| Companhia de Saneamento Básico do Estado de São Paulo - SABESP | SBSP3 | 2.46% |
| Veralto Corporation | VLTO | 2.44% |
| Rockwell Automation, Inc. | ROK | 2.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $11.7047 | Dec 12, 2024 |
| Dec 6, 2022 | $2.947 | Dec 8, 2022 |
| Dec 7, 2021 | $17.6911 | Dec 9, 2021 |
| Dec 8, 2020 | $11.5164 | Dec 10, 2020 |
| Dec 10, 2019 | $3.6924 | Dec 12, 2019 |
| Dec 11, 2018 | $7.4851 | Dec 13, 2018 |