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Trending ETFs

Name

As of 03/26/2024

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

$33.10

$466 M

1.56%

$0.52

0.73%

Vitals

YTD Return

9.1%

1 yr return

31.0%

3 Yr Avg Return

11.7%

5 Yr Avg Return

12.0%

Net Assets

$466 M

Holdings in Top 10

41.2%

52 WEEK LOW AND HIGH

$33.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.73%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 44.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

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

$33.10

$466 M

1.56%

$0.52

0.73%

AUIYX - Profile

Distributions

  • YTD Total Return 9.1%
  • 3 Yr Annualized Total Return 11.7%
  • 5 Yr Annualized Total Return 12.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.40%
DIVIDENDS
  • Dividend Yield 1.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    AB EQUITY INCOME FUND INC
  • Fund Family Name
    ALLIANCEBE
  • Inception Date
    Oct 26, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Cem Inal

Fund Description

The Fund invests primarily in a diversified portfolio of equity securities of U.S. companies. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities. The Fund invests primarily in income-producing securities, targeting an investment in such securities of at least 65% of its total assets. The Fund seeks current income and capital growth from investments in a wide range of industries.
The Fund invests in companies that the Adviser determines to be undervalued, using the fundamental value approach of the Adviser. The fundamental value approach seeks to identify a universe of securities that are considered to be undervalued because they are attractively priced relative to their future earnings power and dividend-paying capability. In selecting securities for the Fund’s portfolio, the Adviser uses fundamental and quantitative research to identify and invest in those companies whose long-term earnings power and dividend-paying capability are not reflected in the current market price of these securities.
The Adviser’s fundamental analysis depends heavily upon its large internal research staff. The research staff of company and industry analysts covers a research universe drawn primarily from the S&P 500 Index. The Adviser typically projects a company’s financial performance over a full economic cycle, including a trough and a peak, within the context of forecasts for real economic growth, inflation and interest rate changes. The Adviser’s research staff focuses on the valuations implied by the current price, relative to the earnings the company will be generating five years from now, or “normalized” earnings, assuming average mid-economic cycle growth for the fifth year.
The Fund’s management team and other senior investment professionals work in close collaboration to weigh each investment opportunity identified by the research staff relative to the entire portfolio and determine the timing and position size for purchases and sales. Analysts remain responsible for monitoring new developments that would affect the securities they cover. The team will generally sell a security when it no longer meets appropriate valuation criteria, although sales may be delayed when positive return trends are favorable.
The Fund may invest in securities of non-U.S. companies, but will limit its investments in any one non-U.S. country to no more than 15% of its net assets.
The Fund may enter into derivatives transactions, such as options, futures contracts, forwards, and swaps. The Fund may use options strategies involving the purchase and/or writing of various combinations of call and/or put options, including on individual securities and stock indices, futures contracts (including futures contracts on individual securities and stock indices) or shares of exchange-traded funds (“ETFs”). These transactions may be used, for example, in an effort to earn extra income, to adjust exposure to individual securities or markets, or to protect all or a portion of the Fund’s portfolio from a decline in value, sometimes within certain ranges.
The Fund may, at times, invest in shares of ETFs in lieu of making direct investments in equity securities. ETFs may provide more efficient and economical exposure to the type of companies and geographic locations in which the Fund seeks to invest than direct investments.
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AUIYX - Performance

Return Ranking - Trailing

Period AUIYX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -4.5% 22.2% 17.87%
1 Yr 31.0% -5.0% 42.6% 8.24%
3 Yr 11.7%* -2.6% 31.5% 5.42%
5 Yr 12.0%* -0.1% 44.3% 24.02%
10 Yr 9.8%* 1.3% 24.9% 21.01%

* Annualized

Return Ranking - Calendar

Period AUIYX Return Category Return Low Category Return High Rank in Category (%)
2023 19.1% -24.9% 46.1% 3.21%
2022 -16.4% -65.1% 4.6% 81.63%
2021 7.1% -44.2% 57.5% 84.92%
2020 1.3% -23.2% 285.0% 33.55%
2019 17.7% -21.4% 48.5% 61.30%

Total Return Ranking - Trailing

Period AUIYX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.1% -4.5% 22.2% 17.87%
1 Yr 31.0% -5.0% 42.6% 8.24%
3 Yr 11.7%* -2.6% 31.5% 5.42%
5 Yr 12.0%* -0.1% 44.3% 24.02%
10 Yr 9.8%* 1.3% 24.9% 21.01%

* Annualized

Total Return Ranking - Calendar

Period AUIYX Return Category Return Low Category Return High Rank in Category (%)
2023 22.8% -15.9% 46.7% 3.73%
2022 -10.0% -42.0% 8.5% 83.75%
2021 25.2% 3.6% 129.7% 59.49%
2020 4.5% -22.6% 304.8% 35.41%
2019 24.8% -12.7% 52.1% 60.15%

NAV & Total Return History


AUIYX - Holdings

Concentration Analysis

AUIYX Category Low Category High AUIYX % Rank
Net Assets 466 M 93 163 B 59.79%
Number of Holdings 64 2 1689 65.69%
Net Assets in Top 10 202 M 420 K 33.9 B 52.49%
Weighting of Top 10 41.18% 5.6% 99.9% 11.86%

Top 10 Holdings

  1. Microsoft Corp 9.99%
  2. Apple Inc 6.72%
  3. Wells Fargo Co 3.72%
  4. MetLife Inc 3.39%
  5. PACCAR Inc 3.38%
  6. AbbVie Inc 3.12%
  7. Merck Co Inc 2.76%
  8. American Electric Power Co Inc 2.75%
  9. Medtronic PLC 2.69%
  10. Walmart Inc 2.66%

Asset Allocation

Weighting Return Low Return High AUIYX % Rank
Stocks
99.71% 1.86% 108.42% 11.15%
Cash
1.26% -0.79% 38.18% 52.49%
Preferred Stocks
0.00% 0.00% 13.88% 95.28%
Other
0.00% -3.53% 39.72% 90.65%
Convertible Bonds
0.00% 0.00% 3.66% 95.01%
Bonds
0.00% -0.71% 73.23% 95.45%

Stock Sector Breakdown

Weighting Return Low Return High AUIYX % Rank
Technology
26.81% 0.00% 54.02% 1.21%
Healthcare
13.84% 0.00% 30.08% 83.85%
Financial Services
13.47% 0.00% 58.05% 89.90%
Consumer Defense
11.93% 0.00% 34.10% 19.78%
Consumer Cyclical
7.82% 0.00% 22.74% 24.70%
Industrials
7.10% 0.00% 42.76% 89.12%
Communication Services
5.84% 0.00% 26.58% 48.19%
Real Estate
4.27% 0.00% 90.54% 29.97%
Utilities
4.10% 0.00% 27.04% 55.35%
Energy
3.99% 0.00% 54.00% 86.10%
Basic Materials
0.83% 0.00% 21.69% 90.59%

Stock Geographic Breakdown

Weighting Return Low Return High AUIYX % Rank
US
99.71% 1.86% 108.42% 10.81%
Non US
0.00% 0.00% 27.89% 90.14%

AUIYX - Expenses

Operational Fees

AUIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.73% 0.01% 17.54% 70.34%
Management Fee 0.55% 0.00% 1.50% 45.63%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

AUIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

AUIYX 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.

AUIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.00% 0.00% 488.00% 59.26%

AUIYX - Distributions

Dividend Yield Analysis

AUIYX Category Low Category High AUIYX % Rank
Dividend Yield 1.56% 0.00% 36.55% 49.53%

Dividend Distribution Analysis

AUIYX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Semi-Annually

Net Income Ratio Analysis

AUIYX Category Low Category High AUIYX % Rank
Net Income Ratio 1.40% -1.51% 4.28% 46.09%

Capital Gain Distribution Analysis

AUIYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

AUIYX - Fund Manager Analysis

Managers

Cem Inal


Start Date

Tenure

Tenure Rank

Feb 28, 2018

4.25

4.3%

Cem Inal is a portolio manager and Senior Research Analyst for AllianceBernstein L.P.Before joining the firm in 2003 as a research analyst, Inal was a vice president at fusionOne, a communications software provider. Prior to that, he was an engagement manager at McKinsey & Company and a research engineer at Mitsubishi Electric. Inal holds a BSE in electrical engineering from Princeton University and an MBA in financial engineering from Cornell University. Location: New York

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.01 16.42