AB Concentrated Growth Advisor (WPSGX)
| Fund Assets | 746.80M |
| Expense Ratio | 0.75% |
| Min. Investment | $2,500 |
| Turnover | 11.00% |
| Dividend (ttm) | 6.04 |
| Dividend Yield | 10.59% |
| Dividend Growth | 892.38% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 11, 2024 |
| Previous Close | 56.37 |
| YTD Return | 7.93% |
| 1-Year Return | 9.21% |
| 5-Year Return | 63.72% |
| 52-Week Low | 45.66 |
| 52-Week High | 62.23 |
| Beta (5Y) | 1.04 |
| Holdings | 21 |
| Inception Date | Feb 28, 1994 |
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.
Performance
WPSGX had a total return of 9.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.83%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQCX | Fidelity | Fidelity Advisor Asset Manager 85% - Class Z | 0.57% |
| FBRNX | Fidelity | Fidelity Advisor Stock Sel I | 0.48% |
| FSSKX | Fidelity | Fidelity Stock Selec-Class K | 0.36% |
| FSJHX | Fidelity | Fidelity Advisor Stock Selector Fund - Class M | 0.98% |
| FEYAX | Fidelity | Fidelity Advisor Asset Manager 85% - Class A | 0.94% |
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 | $6.0406 | Dec 13, 2024 |
| Dec 6, 2023 | $0.6087 | Dec 8, 2023 |
| Dec 7, 2022 | $0.8682 | Dec 9, 2022 |
| Dec 8, 2021 | $6.3577 | Dec 10, 2021 |
| Dec 9, 2020 | $1.8088 | Dec 11, 2020 |
| Dec 11, 2019 | $1.417 | Dec 13, 2019 |