AGRCX: AB Growth C

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AGRCX AB Growth C


Profile

AGRCX - Profile

Vitals

  • YTD Return -20.1%
  • 3 Yr Annualized Return -11.2%
  • 5 Yr Annualized Return -7.6%
  • Net Assets $1 B
  • Holdings in Top 10 37.8%

52 WEEK LOW AND HIGH

$26.71
$24.52
$39.17

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.94%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 49.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $2,500

Fund Classification


Distributions

  • YTD Total Return -20.1%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 4.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AB Growth Fund
  • Fund Family Name
    AllianceBernstein
  • Inception Date
    Aug 02, 1993
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Frank Caruso

Fund Description

The fund invests primarily in a domestic equity securities of companies selected by the fund's Adviser for their growth potential with in various market sectors. When selecting securities, the Adviser looks for companies that have experienced management teams, strong market positions, and the potential to deliver greater-than-expected earnings growth rates. The fund has the flexibility to invest across the capitalization spectrum. It may enter into derivatives transactions, such as options, futures contracts, forwards and swaps.


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Categories

Performance

AGRCX - Performance

Return Ranking - Trailing

Period AGRCX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.1% -79.9% 5.0% 73.11%
1 Yr -26.9% -80.4% 33.2% 92.95%
3 Yr -11.2%* -51.0% 20.8% 92.09%
5 Yr -7.6%* -39.9% 13.6% 87.48%
10 Yr 1.7%* -20.3% 14.9% 74.44%

* Annualized

Return Ranking - Calendar

Period AGRCX Return Category Return Low Category Return High Rank in Category (%)
2019 9.2% -67.9% 49.9% 93.01%
2018 -22.5% -65.5% 13.4% 89.77%
2017 13.2% -46.3% 52.2% 76.58%
2016 -1.0% -43.3% 15.3% 54.98%
2015 -7.1% -38.0% 11.4% 72.41%

Total Return Ranking - Trailing

Period AGRCX Return Category Return Low Category Return High Rank in Category (%)
YTD -20.1% -79.9% 5.0% 73.11%
1 Yr -26.9% -80.4% 33.2% 92.95%
3 Yr 3.0%* -51.0% 20.8% 42.85%
5 Yr 4.5%* -39.9% 14.7% 35.26%
10 Yr 9.0%* -20.3% 14.9% 33.06%

* Annualized

Total Return Ranking - Calendar

Period AGRCX Return Category Return Low Category Return High Rank in Category (%)
2019 9.2% -67.9% 49.9% 93.09%
2018 3.0% -65.5% 16.5% 5.56%
2017 32.9% -28.2% 52.2% 12.10%
2016 0.7% -43.3% 17.1% 63.68%
2015 8.2% -38.0% 17.3% 9.39%

NAV & Total Return History


Holdings

AGRCX - Holdings

Concentration Analysis

AGRCX Category Low Category High AGRCX % Rank
Net Assets 1 B 858 K 165 B 46.49%
Number of Holdings 62 1 2171 51.42%
Net Assets in Top 10 441 M 399 K 63 B 48.96%
Weighting of Top 10 37.77% 11.6% 100.0% 68.51%

Top 10 Holdings

  1. Alphabet Inc Class C 7.46%
  2. Facebook Inc A 5.09%
  3. Visa Inc Class A 3.86%
  4. Monster Beverage Corp 3.75%
  5. UnitedHealth Group Inc 3.46%
  6. Zoetis Inc Class A 3.27%
  7. Amazon.com Inc 2.88%
  8. Nike Inc B 2.75%
  9. Intuitive Surgical Inc 2.73%
  10. PayPal Holdings Inc 2.52%

Asset Allocation

Weighting Return Low Return High AGRCX % Rank
Stocks
95.47% 83.84% 103.67% 90.82%
Cash
4.53% -3.81% 16.16% 7.99%
Preferred Stocks
0.00% 0.00% 3.86% 46.12%
Other
0.00% -1.23% 4.36% 47.99%
Convertible Bonds
0.00% 0.00% 0.02% 40.37%
Bonds
0.00% 0.00% 3.92% 44.33%

Stock Sector Breakdown

Weighting Return Low Return High AGRCX % Rank
Healthcare
23.96% 0.00% 51.84% 4.48%
Consumer Cyclical
18.91% 0.31% 52.42% 12.24%
Communication Services
18.79% 0.00% 32.90% 10.07%
Technology
16.03% 8.17% 54.73% 95.60%
Consumer Defense
7.56% 0.00% 19.66% 12.84%
Financial Services
7.20% 0.00% 38.34% 90.15%
Industrials
5.78% 0.00% 24.88% 76.87%
Basic Materials
1.76% 0.00% 10.75% 44.55%
Utilities
0.00% 0.00% 8.67% 60.82%
Real Estate
0.00% 0.00% 10.77% 86.27%
Energy
0.00% 0.00% 6.79% 72.69%

Stock Geographic Breakdown

Weighting Return Low Return High AGRCX % Rank
US
94.90% 78.13% 102.76% 40.75%
Non US
0.57% 0.00% 19.16% 83.96%

Expenses

AGRCX - Expenses

Operational Fees

AGRCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.94% 0.01% 24.73% 12.32%
Management Fee 0.75% 0.00% 1.40% 79.01%
12b-1 Fee 1.00% 0.00% 1.00% 86.25%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

AGRCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load 1.00% 1.00% 5.50% 47.57%

Trading Fees

AGRCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

AGRCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 49.00% 0.00% 807.00% 60.90%

Distributions

AGRCX - Distributions

Dividend Yield Analysis

AGRCX Category Low Category High AGRCX % Rank
Dividend Yield 0.00% 0.00% 29.19% 42.75%

Dividend Distribution Analysis

AGRCX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

AGRCX Category Low Category High AGRCX % Rank
Net Income Ratio -1.31% -2.06% 2.43% 98.17%

Capital Gain Distribution Analysis

AGRCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History

View More +

Fund Manager Analysis

AGRCX - Fund Manager Analysis

Managers

Frank Caruso


Start Date

Tenure

Tenure Rank

Aug 13, 2008

11.64

11.6%

Frank Caruso is a Senior Vice President and Chief Investment Officer of US Growth Equities since 2012. He joined the firm in 1993, when it acquired Shields Asset Management, where he had been director of Equities. Previously, he was a managing director and senior member of the Investment Policy Committee at Shearson Lehman Advisors.He holds a BA in business economics from the State University of New York, Oneonta, and is a member of the New York Society of Security Analysts and the CFA Institute. He is a CFA charterholder. Location: New York

Bruce Aronow


Start Date

Tenure

Tenure Rank

Mar 13, 2013

7.05

7.1%

Bruce K. Aronow is Chief Investment Officer for US Small/SMID Cap Growth products, a role he has held since 2000. He is also responsible for the US Small/SMID Cap Growth consumer/commercial services sector. Prior to joining the firm in 1999, Aronow was responsible for research and portfolio management for the small-cap consumer and autos/transportation sectors at Invesco (NY) (formerly Chancellor Capital Management). He joined Chancellor in 1994 as a small-cap analyst, primarily focusing on autos/transportation, specialty finance and consumer-related companies. Previously, Aronow was a senior associate with Kidder, Peabody & Co. for five years. He holds a BA with a concentration in philosophy and a minor in economics from Colgate University and served as a recent graduate member on the Board of Trustees of Colgate University from 1990 to 1993. Aronow is a member of both the New York Society of Security Analysts and the Association for Investment Management & Research (AIMR), and is a CFA charterholder. Location: New York

John Fogarty


Start Date

Tenure

Tenure Rank

Mar 13, 2013

7.05

7.1%

John H. Fogarty is a Senior Vice President and Portfolio Manager for US Growth Equities, a position he has held since 2009. He rejoined the firm in 2006 as a fundamental research analyst covering consumer-discretionary stocks in the US, having previously spent nearly three years as a hedge fund manager at Dialectic Capital Management and Vardon Partners. Fogarty began his career at AB in 1988, performing quantitative research, and joined the US Large Cap Growth team as a generalist and quantitative analyst in 1995. He became a portfolio manager in 1997. Fogarty holds a BA in history from Columbia University and is a CFA charterholder. Location: New York

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 52.28 8.03 0.92