ASILX: AB Select US Long/Short Portfolio - MutualFunds.com

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ASILX - Snapshot

Vitals

  • YTD Return 6.5%
  • 3 Yr Annualized Return 6.5%
  • 5 Yr Annualized Return 6.6%
  • Net Assets $1.11 B
  • Holdings in Top 10 61.2%

52 WEEK LOW AND HIGH

$14.05
$10.98
$14.16

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.66%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 191.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Long-Short Equity

Compare ASILX to Popular Long-Short Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$16.60

-0.24%

$3.78 B

-

$0.00

12.77%

1.78%

$25.26

-0.47%

$1.94 B

0.68%

$0.17

-3.92%

1.86%

$8.12

-0.25%

$1.16 B

10.74%

$0.87

-19.20%

1.28%

$14.00

-0.36%

$1.11 B

0.00%

$0.00

6.54%

1.66%

$13.99

-0.29%

$899.40 M

1.50%

$0.21

-11.90%

2.21%

ASILX - Profile

Distributions

  • YTD Total Return 6.5%
  • 3 Yr Annualized Total Return 6.5%
  • 5 Yr Annualized Total Return 6.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AB Select US Long/Short Portfolio
  • Fund Family Name
    AllianceBernstein
  • Inception Date
    Dec 12, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kurt Feuerman

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. The fund may invest in non-U.S. companies, but currently intends to limit its investments in such companies to no more than 10% of its net assets.


ASILX - Performance

Return Ranking - Trailing

Period ASILX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.5% -35.4% 76.4% 30.14%
1 Yr 5.9% -24.2% 81.3% 32.69%
3 Yr 6.5%* -13.3% 17.9% 11.73%
5 Yr 6.6%* -5.7% 14.2% 10.26%
10 Yr N/A* -0.8% 9.6% N/A

* Annualized

Return Ranking - Calendar

Period ASILX Return Category Return Low Category Return High Rank in Category (%)
2019 13.1% -12.2% 37.8% 25.13%
2018 -9.4% -41.4% 12.7% 49.21%
2017 7.2% -67.1% 21.9% 45.03%
2016 4.9% -17.3% 25.3% 30.20%
2015 -3.8% -26.2% 11.6% 55.56%

Total Return Ranking - Trailing

Period ASILX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.5% -35.4% 74.9% 30.14%
1 Yr 5.9% -28.1% 81.3% 28.37%
3 Yr 6.5%* -14.4% 17.9% 11.22%
5 Yr 6.6%* -6.2% 14.2% 8.97%
10 Yr N/A* -0.8% 9.6% N/A

* Annualized

Total Return Ranking - Calendar

Period ASILX Return Category Return Low Category Return High Rank in Category (%)
2019 13.1% -12.2% 37.8% 25.13%
2018 -1.6% -23.0% 12.7% 19.05%
2017 12.6% -3.6% 25.0% 35.67%
2016 4.9% -15.5% 25.3% 33.56%
2015 -0.6% -26.2% 11.6% 44.44%

NAV & Total Return History


ASILX - Holdings

Concentration Analysis

ASILX Category Low Category High ASILX % Rank
Net Assets 1.11 B 0 3.78 B 6.13%
Number of Holdings 124 3 2577 43.33%
Net Assets in Top 10 671 M -166 M 685 M 2.86%
Weighting of Top 10 61.16% 1.5% 100.0% 23.56%

Top 10 Holdings

  1. AB Government Money Market AB 38.60%
  2. Microsoft Corp 4.06%
  3. Apple Inc 3.93%
  4. Procter & Gamble Co 2.69%
  5. Amazon.com Inc 2.68%
  6. Alphabet Inc Class C 2.24%
  7. NextEra Energy Inc 1.96%
  8. JPMorgan Chase & Co 1.89%
  9. Activision Blizzard Inc 1.83%
  10. Berkshire Hathaway Inc Class B 1.73%

Asset Allocation

Weighting Return Low Return High ASILX % Rank
Stocks
60.71% -12.61% 278.47% 59.43%
Cash
39.24% -178.47% 112.61% 29.52%
Other
0.05% -12.25% 131.29% 28.10%
Preferred Stocks
0.00% 0.00% 3.47% 40.00%
Convertible Bonds
0.00% 0.00% 5.58% 39.52%
Bonds
0.00% -9.38% 152.17% 54.72%

Stock Sector Breakdown

Weighting Return Low Return High ASILX % Rank
Technology
20.34% 0.00% 45.04% 40.91%
Financial Services
15.28% 0.00% 74.33% 34.34%
Healthcare
14.02% 0.00% 98.20% 51.52%
Communication Services
13.95% 0.00% 24.74% 16.16%
Consumer Defense
11.18% 0.00% 58.77% 15.66%
Industrials
10.58% 0.00% 35.96% 46.97%
Consumer Cyclical
9.81% 0.00% 81.27% 66.16%
Utilities
3.34% 0.00% 27.45% 18.18%
Energy
1.50% 0.00% 12.38% 44.95%
Real Estate
0.00% 0.00% 19.67% 83.33%
Basic Materials
0.00% 0.00% 17.61% 88.38%

Stock Geographic Breakdown

Weighting Return Low Return High ASILX % Rank
US
60.13% -31.19% 278.47% 43.81%
Non US
0.58% -2.12% 62.34% 70.48%

ASILX - Expenses

Operational Fees

ASILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.66% 0.40% 12.79% 76.92%
Management Fee 1.50% 0.00% 2.25% 84.51%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 1.47% N/A

Sales Fees

ASILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

ASILX 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.

ASILX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 191.00% 0.00% 470.00% 62.50%

ASILX - Distributions

Dividend Yield Analysis

ASILX Category Low Category High ASILX % Rank
Dividend Yield 0.00% 0.00% 21.26% 41.31%

Dividend Distribution Analysis

ASILX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

ASILX Category Low Category High ASILX % Rank
Net Income Ratio 0.01% -2.65% 3.99% 51.92%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

ASILX - Fund Manager Analysis

Managers

Kurt Feuerman


Start Date

Tenure

Tenure Rank

Dec 12, 2012

7.89

7.9%

Kurt Feuerman is Chief Investment Officer of Select Equity Portfolios at AllianceBernstein, focusing primarily on equity securities traded on US exchanges. Prior to joining the firm in June 2011, he was a senior managing director and senior trader with Caxton Associates for more than 12 years, and a managing director for nine years with Morgan Stanley, where his responsibilities included managing part of the firm’s US equity business. Earlier, Feuerman was a managing director with Drexel Burnham Lambert for six years, specializing as a sell-side securities analyst. He began his career in 1982 at The Bank of New York. Feuerman holds a BA in philosophy from McGill University, an MA in philosophy from Syracuse University and an MBA in finance from Columbia University. Location: New York

Anthony Nappo


Start Date

Tenure

Tenure Rank

Jun 30, 2015

5.34

5.3%

Anthony Nappo is Co-Chief Investment Officer for the Select US Equity Portfolios and a Portfolio Manager/Research Analyst covering healthcare and energy. Before joining the firm in 2011, Nappo was a portfolio manager at Surveyor Capital, a group within Citadel LLC, where he managed a long/short healthcare portfolio and an analyst team. Prior to that, he was a portfolio manager with Caxton Associates for eight years, in charge of healthcare and energy for both long/short and long-only strategies. Nappo started his career in finance as an equity research analyst at J.P. Morgan Securities. He graduated first in his class with a BS in management from Binghamton University and holds an MBA in finance from the University of Pennsylvania’s Wharton School. Nappo is a CFA charterholder and member of the CFA Institute and the New York Society of Security Analysts. Location: New York

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 21.97 5.7 6.35