Continue to site >
Trending ETFs

AB Concentrated Growth Fund

mutual fund
WPSIX
Payout Change
Pending
Price as of:
$59.08 +0.74 +1.27%
primary theme
U.S. Large-Cap Growth Equity
WPSIX (Mutual Fund)

AB Concentrated Growth Fund

Payout Change
Pending
Price as of:
$59.08 +0.74 +1.27%
primary theme
U.S. Large-Cap Growth Equity
WPSIX (Mutual Fund)

AB Concentrated Growth Fund

Payout Change
Pending
Price as of:
$59.08 +0.74 +1.27%
primary theme
U.S. Large-Cap Growth Equity

Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$59.08

$1.18 B

0.34%

$0.20

0.81%

Vitals

YTD Return

12.0%

1 yr return

26.8%

3 Yr Avg Return

2.1%

5 Yr Avg Return

11.3%

Net Assets

$1.18 B

Holdings in Top 10

67.1%

52 WEEK LOW AND HIGH

$58.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.81%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 26.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 11/01/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$59.08

$1.18 B

0.34%

$0.20

0.81%

WPSIX - Profile

Distributions

  • YTD Total Return 12.0%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 11.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.03%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    AB Concentrated Growth Fund
  • Fund Family Name
    ALLIANCEBE
  • Inception Date
    Feb 28, 2014
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James Tierney

Fund Description

The Adviser seeks to achieve the Fund’s investment objective of long-term growth of capital by investing primarily in common stocks of listed U.S. companies. The Adviser employs an appraisal method that attempts to measure each prospective company’s quality and growth rate by numerous factors. Such factors include: a company’s record and projections of profit and earnings growth, accuracy and availability of information with respect to the company, success and experience of management, accessibility of management to the Fund’s Adviser, product lines and competitive position both in the United States and abroad, lack of cyclicality, large market capitalization and liquidity of the company’s securities. The Adviser compares these results to the general stock markets to determine the relative attractiveness of each company at a given time. The Adviser weighs economic, political and market factors in making investment decisions; this appraisal technique attempts to measure each investment candidate not only against other stocks of the same industry group, but also against a broad spectrum of investments. While the Fund primarily invests in companies that have market capitalizations of $5 billion or more, it may invest in companies that have market capitalizations of $3 billion to $5 billion.
The Fund invests in a relatively small number of individual stocks. The Fund is considered to be “non‑diversified”, which means that the securities laws do not limit the percentage of its assets that it may invest in any one company (subject to certain limitations under the U.S. Internal Revenue Code of 1986, as amended).
Read More

WPSIX - Performance

Return Ranking - Trailing

Period WPSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.0% -0.6% 40.0% 91.43%
1 Yr 26.8% 7.5% 70.1% 89.99%
3 Yr 2.1%* -27.9% 24.6% 79.82%
5 Yr 11.3%* -13.6% 30.0% 88.36%
10 Yr 12.0%* -4.8% 19.3% 71.77%

* Annualized

Return Ranking - Calendar

Period WPSIX Return Category Return Low Category Return High Rank in Category (%)
2023 18.1% -74.1% 72.4% 88.14%
2022 -26.1% -85.9% 4.7% 15.00%
2021 18.7% -52.4% 60.5% 18.48%
2020 16.9% -34.3% 145.0% 78.92%
2019 35.2% -6.9% 49.4% 5.97%

Total Return Ranking - Trailing

Period WPSIX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.0% -0.6% 40.0% 91.43%
1 Yr 26.8% 7.5% 70.1% 89.99%
3 Yr 2.1%* -27.9% 24.6% 79.82%
5 Yr 11.3%* -13.6% 30.0% 88.36%
10 Yr 12.0%* -4.8% 19.3% 71.77%

* Annualized

Total Return Ranking - Calendar

Period WPSIX Return Category Return Low Category Return High Rank in Category (%)
2023 19.6% -4.6% 72.4% 93.48%
2022 -24.6% -61.7% 5.6% 20.79%
2021 31.4% -39.8% 118.1% 3.81%
2020 21.2% 2.8% 149.2% 91.92%
2019 39.7% -5.2% 49.4% 4.55%

NAV & Total Return History


WPSIX - Holdings

Concentration Analysis

WPSIX Category Low Category High WPSIX % Rank
Net Assets 1.18 B 292 K 287 B 56.74%
Number of Holdings 21 2 3061 97.48%
Net Assets in Top 10 608 M 109 K 151 B 58.69%
Weighting of Top 10 67.09% 0.7% 205.0% 4.33%

Top 10 Holdings

  1. Amazon.com Inc 10.10%
  2. Microsoft Corp 10.05%
  3. Mastercard Inc 9.62%
  4. Eaton Corp PLC 6.33%
  5. Constellation Brands Inc 5.81%
  6. Cooper Cos Inc/The 5.46%
  7. TJX Cos Inc/The 4.97%
  8. Charles Schwab Corp/The 4.93%
  9. IQVIA Holdings Inc 4.90%
  10. Zoetis Inc 4.90%

Asset Allocation

Weighting Return Low Return High WPSIX % Rank
Stocks
99.62% 0.00% 115.30% 22.59%
Cash
0.41% 0.00% 173.52% 68.23%
Preferred Stocks
0.00% 0.00% 10.69% 97.30%
Other
0.00% -31.50% 50.35% 93.97%
Convertible Bonds
0.00% 0.00% 1.94% 97.48%
Bonds
0.00% 0.00% 102.71% 97.57%

Stock Sector Breakdown

Weighting Return Low Return High WPSIX % Rank
Consumer Cyclical
22.66% 0.00% 62.57% 9.20%
Healthcare
20.71% 0.00% 39.76% 4.51%
Technology
19.16% 0.00% 65.70% 95.40%
Financial Services
13.24% 0.00% 43.06% 20.47%
Industrials
10.47% 0.00% 30.65% 10.82%
Consumer Defense
4.92% 0.00% 25.50% 33.81%
Communication Services
4.60% 0.00% 66.40% 91.88%
Real Estate
4.24% 0.00% 16.05% 7.84%
Utilities
0.00% 0.00% 16.07% 98.92%
Energy
0.00% 0.00% 41.09% 99.01%
Basic Materials
0.00% 0.00% 18.91% 99.10%

Stock Geographic Breakdown

Weighting Return Low Return High WPSIX % Rank
US
99.62% 0.00% 115.30% 16.56%
Non US
0.00% 0.00% 75.51% 97.57%

WPSIX - Expenses

Operational Fees

WPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.81% 0.01% 28.71% 62.78%
Management Fee 0.65% 0.00% 1.50% 65.46%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

WPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

WPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

WPSIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 26.00% 0.00% 316.74% 38.27%

WPSIX - Distributions

Dividend Yield Analysis

WPSIX Category Low Category High WPSIX % Rank
Dividend Yield 0.34% 0.00% 27.58% 23.24%

Dividend Distribution Analysis

WPSIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

WPSIX Category Low Category High WPSIX % Rank
Net Income Ratio 0.03% -6.13% 3.48% 23.83%

Capital Gain Distribution Analysis

WPSIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

WPSIX - Fund Manager Analysis

Managers

James Tierney


Start Date

Tenure

Tenure Rank

Apr 29, 2009

13.1

13.1%

James T. Tierney, Jr. is Chief Investment Officer of Concentrated US Growth. Prior to joining AllianceBernstein in December 2013, he was CIO at W.P. Stewart & Co. Tierney began his career in 1988 in equity research at J.P. Morgan Investment Management, where he analyzed entertainment, healthcare and finance companies. He left J.P. Morgan in 1990 to pursue an MBA and returned in 1992 as a senior analyst covering energy, transportation, media and entertainment. Tierney joined W.P. Stewart in 2000. He holds a BS in finance from Providence College and an MBA from Columbia Business School at Columbia University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.23 3.08