- What does CHCLX invest in?
- The fund's primary objective is to generate substantial capital growth over an extended period. It chiefly invests in a diversified collection of stocks from companies whose market values are notably smaller than those characterizing the overall U.S. market. Under typical conditions, a minimum of 80% of its net assets will be committed to equity holdings of small- and mid-capitalization firms. For the purposes of this strategy, "small- and mid-capitalization companies" are generally identified as those enterprises whose market capitalization, at the moment of investment, ranks within the lowest quarter of the entire U.S. equity market (excluding, for this specific measurement, companies with market capitalizations below $10 million).
- What is the expense ratio of CHCLX?
- AB Discovery Growth Fund, Inc. - Class A (CHCLX) charges an expense ratio of 0.92%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is CHCLX?
- AB Discovery Growth Fund, Inc. - Class A (CHCLX) manages $2.28B 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 CHCLX actively managed or an index fund?
- CHCLX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CHCLX's is 0.92%) in exchange for the discretion to over- or under-weight positions.
- When was CHCLX launched?
- AB Discovery Growth Fund, Inc. - Class A (CHCLX) launched in January 1986 and is managed by AllianceBernstein.
- How has CHCLX performed?
- CHCLX'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.
