AB Discovery Value Fund Class I

Frequently Asked Questions About ABSIX

What does ABSIX invest in?

This fund aims for significant long-term appreciation of capital. Its investment strategy focuses predominantly on a diversified collection of stocks from U.S. companies that possess small to medium market capitalizations. Ordinarily, no less than 80% of its total net assets are committed to these small- and mid-cap company securities. According to this policy, firms are considered small- to mid-capitalization if, at the time of investment, their market value falls between that of the smallest company in the Russell 2500® Value Index and the higher of either $5 billion or the market capitalization of the largest company within that same Russell 2500® Value Index.

What is the expense ratio of ABSIX?

AB Discovery Value Fund Class I (ABSIX) charges an expense ratio of 0.91%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ABSIX?

AB Discovery Value Fund Class I (ABSIX) manages $2.48B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is ABSIX actively managed or an index fund?

ABSIX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (ABSIX's is 0.91%) because there's no security selection cost.

When was ABSIX launched?

AB Discovery Value Fund Class I (ABSIX) launched in March 2005 and is managed by AllianceBernstein.

How has ABSIX performed?

ABSIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.