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Trending ETFs

Name

As of 05/21/2024

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

$10.90

$219 M

0.00%

1.14%

Vitals

YTD Return

5.1%

1 yr return

-2.2%

3 Yr Avg Return

-9.7%

5 Yr Avg Return

1.7%

Net Assets

$219 M

Holdings in Top 10

40.2%

52 WEEK LOW AND HIGH

$11.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.14%

SALES FEES

Front Load 4.25%

Deferred Load N/A

TRADING FEES

Turnover 25.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/21/2024

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

$10.90

$219 M

0.00%

1.14%

CIAGX - Profile

Distributions

  • YTD Total Return 5.1%
  • 3 Yr Annualized Total Return -9.7%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.14%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    AB Concentrated International Growth Portfolio
  • Fund Family Name
    ALLIANCEBE
  • Inception Date
    Apr 15, 2015
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Dev Chakrabarti

Fund Description

The Adviser seeks to achieve the Fund’s investment objective by investing, under normal circumstances, primarily in common stocks of non-U.S. companies, and in companies in at least three countries other than the United States.
The Fund invests in companies that are determined by the Adviser to offer favorable long-term growth potential and that are trading at attractive valuations. The Adviser employs an appraisal method which 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 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 characteristics of 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 and region, but also against a broad spectrum of investments.
The Fund invests in a relatively small number of individual stocks, generally 25 to 35 companies. The Fund primarily invests in mid- and large-capitalization companies, which are currently defined for the Fund as companies that have market capitalizations of $2.0 billion or more. The Fund’s holdings of non-U.S. companies may include some companies located in emerging markets, and at times emerging market companies may make up a significant portion of the Fund.
Fluctuations in currency exchange rates can have a dramatic impact of the returns of equity securities. While the Adviser may hedge the foreign currency exposure resulting from the Fund’s security positions through the use of currency-related derivatives, it is not required to do so.
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CIAGX - Performance

Return Ranking - Trailing

Period CIAGX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -2.9% 22.5% 77.22%
1 Yr -2.2% -1.4% 37.7% 99.75%
3 Yr -9.7%* -16.1% 11.4% 97.64%
5 Yr 1.7%* -1.9% 13.7% 98.51%
10 Yr N/A* -0.3% 9.6% N/A

* Annualized

Return Ranking - Calendar

Period CIAGX Return Category Return Low Category Return High Rank in Category (%)
2023 4.0% -0.4% 28.6% 97.23%
2022 -31.1% -49.5% -13.3% 72.34%
2021 1.3% -22.2% 19.3% 52.76%
2020 20.4% -4.9% 85.0% 48.76%
2019 33.1% -4.0% 45.1% 10.64%

Total Return Ranking - Trailing

Period CIAGX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.1% -2.9% 22.5% 77.22%
1 Yr -2.2% -1.4% 37.7% 99.75%
3 Yr -9.7%* -16.1% 11.4% 97.64%
5 Yr 1.7%* -1.9% 13.7% 98.51%
10 Yr N/A* -0.3% 9.6% N/A

* Annualized

Total Return Ranking - Calendar

Period CIAGX Return Category Return Low Category Return High Rank in Category (%)
2023 4.0% 1.8% 28.6% 98.74%
2022 -31.1% -44.4% -11.0% 82.99%
2021 3.1% -20.6% 20.5% 76.12%
2020 22.3% -4.9% 97.1% 52.34%
2019 34.3% 0.5% 45.3% 10.03%

NAV & Total Return History


CIAGX - Holdings

Concentration Analysis

CIAGX Category Low Category High CIAGX % Rank
Net Assets 219 M 191 K 137 B 77.83%
Number of Holdings 113 4 1799 23.43%
Net Assets in Top 10 158 M 65.4 K 34.8 B 65.74%
Weighting of Top 10 40.22% 12.7% 100.2% 19.90%

Top 10 Holdings

  1. Novo Nordisk A/S 5.78%
  2. ASML Holding NV 4.58%
  3. Compass Group PLC 4.28%
  4. SAP SE 4.15%
  5. Pan Pacific International Holdings Corp 3.96%
  6. Sika AG 3.96%
  7. Cellnex Telecom SA 3.80%
  8. Terumo Corp 3.49%
  9. Keyence Corp 3.26%
  10. HDFC Bank Ltd 2.96%

Asset Allocation

Weighting Return Low Return High CIAGX % Rank
Stocks
96.65% 85.39% 104.45% 77.33%
Cash
3.80% 0.00% 9.35% 15.87%
Other
0.24% -1.92% 4.14% 17.63%
Preferred Stocks
0.00% 0.00% 4.57% 33.50%
Convertible Bonds
0.00% 0.00% 2.45% 3.03%
Bonds
0.00% 0.00% 0.07% 2.77%

Stock Sector Breakdown

Weighting Return Low Return High CIAGX % Rank
Technology
19.58% 1.51% 38.21% 29.04%
Financial Services
16.96% 0.00% 38.62% 32.32%
Industrials
16.79% 0.68% 31.28% 36.62%
Consumer Defense
15.90% 0.00% 25.77% 12.37%
Healthcare
10.97% 1.36% 29.58% 79.80%
Consumer Cyclical
10.11% 0.00% 46.28% 63.38%
Communication Services
5.39% 0.00% 41.13% 40.15%
Basic Materials
4.30% 0.00% 23.15% 74.75%
Utilities
0.00% 0.00% 9.05% 47.22%
Real Estate
0.00% 0.00% 6.64% 47.22%
Energy
0.00% 0.00% 24.97% 67.93%

Stock Geographic Breakdown

Weighting Return Low Return High CIAGX % Rank
Non US
92.66% 0.00% 101.44% 12.85%
US
3.99% 0.00% 100.16% 90.43%

CIAGX - Expenses

Operational Fees

CIAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.14% 0.01% 13.07% 42.78%
Management Fee 0.75% 0.00% 1.50% 55.67%
12b-1 Fee 0.25% 0.00% 1.00% 14.75%
Administrative Fee N/A 0.03% 0.80% N/A

Sales Fees

CIAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.25% 3.50% 5.75% 83.67%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

CIAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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.

CIAGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.00% 7.00% 149.00% 39.14%

CIAGX - Distributions

Dividend Yield Analysis

CIAGX Category Low Category High CIAGX % Rank
Dividend Yield 0.00% 0.00% 12.70% 77.78%

Dividend Distribution Analysis

CIAGX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

CIAGX Category Low Category High CIAGX % Rank
Net Income Ratio 0.14% -1.69% 3.16% 55.73%

Capital Gain Distribution Analysis

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

Distributions History

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CIAGX - Fund Manager Analysis

Managers

Dev Chakrabarti


Start Date

Tenure

Tenure Rank

Apr 15, 2015

7.13

7.1%

Dev Chakrabarti is a Portfolio Manager/Senior Research Analyst for Concentrated Global Growth. Prior to joining AB in December 2013, he was a portfolio manager/analyst on the global equity research and portfolio-management team at WPS Advisors. Chakrabarti joined W.P. Stewart in 2005 as a member of the European equity research and portfolio-management team, and moved to New York in 2008 to focus on global portfolios. Earlier in his career, he worked as an M&A analyst at Merrill Lynch, a financial analyst at Unilever and an equity analyst at J.P. Morgan Securities, where he specialized in European technology stocks. Chakrabarti holds a BSc (Hons) in economics from the University of Bristol and an MSc in finance from London Business School. Location: London

Mark Phelps


Start Date

Tenure

Tenure Rank

Apr 15, 2015

7.13

7.1%

Mark Phelps is Chief Investment Officer of Concentrated Global Growth. Prior to joining AB in December 2013, he was president and managing director of Global Investments at W.P. Stewart & Co. From September 2008 to June 2013, Phelps also served as W.P. Stewart’s chief executive officer. He originally joined W.P. Stewart & Co. (Europe) in February 2005 as a global portfolio manager. Prior to that, Phelps held senior positions with the Kleinwort Benson/Dresdner Bank organization in London and San Francisco, most recently serving as CIO for Global Equities at Dresdner RCM in San Francisco.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 26.94 7.67 20.01