AB Discovery Value Fund

Frequently Asked Questions About ABSZX

What does ABSZX invest in?

The fund's primary strategy involves building a diverse portfolio of U.S. company stocks, focusing on those with small to mid-range market capitalizations. Ordinarily, at least 80% of its total assets are committed to these types of enterprises. For the purpose of this investment approach, small- to mid-capitalization companies are considered those whose market value, at the point of purchase, falls within a specific range: from the smallest company in the Russell 2500® Value Index up to the greater of $5 billion or the market capitalization of the largest company in that same index.

What is the expense ratio of ABSZX?

AB Discovery Value Fund (ABSZX) charges an expense ratio of 0.81%. This is the annual fee deducted from fund assets to cover management and operations.

How big is ABSZX?

AB Discovery Value Fund (ABSZX) manages $2.55B 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 ABSZX actively managed or an index fund?

ABSZX 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 (ABSZX's is 0.81%) because there's no security selection cost.

When was ABSZX launched?

AB Discovery Value Fund (ABSZX) launched in October 2013 and is managed by the fund issuer.

How has ABSZX performed?

ABSZX'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.