AB Concentrated Growth C (WPCSX)
| Fund Assets | 746.80M |
| Expense Ratio | 1.75% |
| Min. Investment | $2,500 |
| Turnover | 11.00% |
| Dividend (ttm) | 5.96 |
| Dividend Yield | 12.09% |
| Dividend Growth | 1,316.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 11, 2024 |
| Previous Close | 49.28 |
| YTD Return | 6.44% |
| 1-Year Return | 7.51% |
| 5-Year Return | 53.09% |
| 52-Week Low | 39.59 |
| 52-Week High | 54.86 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | Feb 28, 2014 |
About WPCSX
AB Concentrated Growth Fund Class C is a mutual fund focused on achieving long-term capital appreciation by investing primarily in common stocks of large U.S. companies that demonstrate consistent revenue and stable earnings growth. Managed by a team led by James T. Tierney, Jr., the fund employs a concentrated investment approach, typically holding around 20 high-conviction positions selected for their quality and growth prospects. This strategy emphasizes companies with strong fundamentals across sectors such as information technology, financials, consumer discretionary, health care, and industrials. The fund seeks to outperform its benchmark through focused, active management and maintains a higher allocation to its top holdings compared to the average large growth fund, as evidenced by over 64% of portfolio assets concentrated in its top ten investments. AB Concentrated Growth Fund Class C plays a significant role in the market by offering focused exposure to high-quality growth stocks, making it a notable option for investors seeking growth-oriented mutual funds in the large-cap equity space.
Performance
WPCSX had a total return of 7.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.08%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
66.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Amazon.com, Inc. | AMZN | 9.92% |
| Microsoft Corporation | MSFT | 9.71% |
| Mastercard Incorporated | MA | 8.99% |
| Amphenol Corporation | APH | 7.55% |
| Eaton Corporation plc | ETN | 6.67% |
| Roper Technologies, Inc. | ROP | 5.25% |
| The Charles Schwab Corporation | SCHW | 4.80% |
| Cadence Design Systems, Inc. | CDNS | 4.62% |
| Automatic Data Processing, Inc. | ADP | 4.48% |
| IQVIA Holdings Inc. | IQV | 4.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 11, 2024 | $5.9582 | Dec 13, 2024 |
| Dec 6, 2023 | $0.4206 | Dec 8, 2023 |
| Dec 7, 2022 | $0.8682 | Dec 9, 2022 |
| Dec 8, 2021 | $6.2983 | Dec 10, 2021 |
| Dec 9, 2020 | $1.8088 | Dec 11, 2020 |
| Dec 11, 2019 | $1.417 | Dec 13, 2019 |