# AB Discovery Growth Fund, Inc. - Class A (CHCLX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/chclx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: AllianceBernstein · Asset class: Equity - Strategy: Actively Managed · Inception: 1986-01-02 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 lo... ## Key Facts | Metric | Value | |---|---| | Price | $10.85 | | Expense Ratio | 0.92% | | Assets Under Management | $2.28B | | NAV | $10.85 (2026-11-06 close) | | Holdings Count | — | | Distribution Yield (TTM) | 12.04% | | Annual Distribution (TTM) | $1.31 /share | | Distribution Frequency | Irregular | | 52-Week Range | $10.31 – $13.55 | | Beta | 1.41 | ## Latest Distribution - Amount: $1.3062 /share - Ex-date: 2025-12-09 - Pay date: 2025-12-11 ## Frequently Asked Questions ### 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. ### Does CHCLX pay a dividend? AB Discovery Growth Fund, Inc. - Class A (CHCLX) currently distributes little or no income. Trailing-twelve-month yield is 12.04%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CHCLX pay dividends? AB Discovery Growth Fund, Inc. - Class A pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CHCLX's dividend yield? CHCLX's trailing-twelve-month yield is 12.04%, calculated from the sum of dividends over the past year divided by the current price. ### When is CHCLX's next ex-dividend date? The most recently announced ex-dividend date for CHCLX was 2025-12-09. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will CHCLX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.92% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CHCLX charge its expense ratio? The expense ratio is deducted in tiny daily slices from CHCLX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CHCLX cost more than a fund like VOO? CHCLX is actively managed (current expense ratio 0.92%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether CHCLX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to CHCLX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as CHCLX (0.92%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/chclx - Distribution history: https://www.dividenddata.com/funds/chclx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/chclx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/chclx/expenses - Peer comparison: https://www.dividenddata.com/funds/chclx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.