About WPSGX
The AB Concentrated Growth Fund Advisor Class is a mutual fund specializing in a focused portfolio of high-quality, large-cap U.S. companies. Its primary purpose is to deliver long-term capital appreciation by investing selectively in businesses with consistent revenue streams and stable earnings growth potential. The fund employs a concentrated strategy, typically holding around 20 stocks, which enables the management team to dedicate in-depth research and due diligence toward their highest conviction ideas. This approach is characterized by a high active share, distinguishing it from broad market benchmarks and standard index-based strategies.
Notable features of the fund include a strong emphasis on sustainable, long-term earnings growth, lower portfolio turnover, and a commitment to risk mitigation relative to its peer group. Sector allocations are diversified across technology, consumer, healthcare, and industrials, with top holdings often representing leaders in their respective fields. The fund is categorized within the large growth segment and is designed for investors seeking exposure to a concentrated selection of U.S. equities aiming for consistent capital growth. Since its inception, the fund has sought to outperform market benchmarks while managing volatility and seeking to limit exposure to market downturns.
Fund Family AllianceBernstein
Category Large Growth
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol WPSGX
Share Class Advisor Class
Index S&P 500 TR
WPSGX had a total return of 2.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.37%.
