- 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) is one share class of a fund that manages $2.33B across all of its share classes (ABASX, ABSIX, ABYSX report the same total). Our data does not carry the assets of this share class alone. 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 actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ABSZX's is 0.81%) in exchange for the discretion to over- or under-weight positions.
- When was ABSZX launched?
- AB Discovery Value Fund (ABSZX) launched in October 2013 and is managed by AllianceBernstein.
- 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.
