AB Global Core Equity Portfolio
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.3%
1 yr return
12.6%
3 Yr Avg Return
1.5%
5 Yr Avg Return
7.2%
Net Assets
$2.78 B
Holdings in Top 10
38.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.79%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 46.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GCEYX - Profile
Distributions
- YTD Total Return 4.3%
- 3 Yr Annualized Total Return 1.5%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.08%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAB Global Core Equity Portfolio
-
Fund Family NameALLIANCEBE
-
Inception DateNov 12, 2014
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Dalgas
Fund Description
GCEYX - Performance
Return Ranking - Trailing
Period | GCEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -35.6% | 29.2% | 11.19% |
1 Yr | 12.6% | 17.3% | 252.4% | 69.77% |
3 Yr | 1.5%* | -3.5% | 34.6% | 47.81% |
5 Yr | 7.2%* | 0.1% | 32.7% | 38.12% |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | GCEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.6% | -24.3% | 957.1% | 63.48% |
2022 | -23.4% | -38.3% | 47.1% | 38.05% |
2021 | 12.6% | -54.2% | 0.6% | 8.48% |
2020 | 9.5% | -76.0% | 54.1% | 45.68% |
2019 | 23.4% | -26.1% | 47.8% | 11.64% |
Total Return Ranking - Trailing
Period | GCEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -35.6% | 29.2% | 11.19% |
1 Yr | 12.6% | 11.4% | 252.4% | 65.57% |
3 Yr | 1.5%* | -3.5% | 34.6% | 45.26% |
5 Yr | 7.2%* | 0.1% | 32.7% | 36.91% |
10 Yr | N/A* | -6.9% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | GCEYX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.9% | -24.3% | 957.1% | 63.48% |
2022 | -20.1% | -33.1% | 47.1% | 38.18% |
2021 | 18.1% | -44.4% | 1.8% | 19.38% |
2020 | 10.4% | -6.5% | 54.1% | 30.16% |
2019 | 27.7% | -14.4% | 47.8% | 13.72% |
NAV & Total Return History
GCEYX - Holdings
Concentration Analysis
GCEYX | Category Low | Category High | GCEYX % Rank | |
---|---|---|---|---|
Net Assets | 2.78 B | 199 K | 133 B | 20.29% |
Number of Holdings | 59 | 1 | 9075 | 57.49% |
Net Assets in Top 10 | 1.04 B | -18 M | 37.6 B | 22.69% |
Weighting of Top 10 | 38.66% | 9.1% | 100.0% | 35.13% |
Top 10 Holdings
- Microsoft Corp 6.67%
- Goldman Sachs Group Inc/The 4.46%
- Coca-Cola Co/The 4.42%
- Elevance Health Inc 4.12%
- Otis Worldwide Corp 3.78%
- Alphabet Inc 3.51%
- Visa Inc 3.21%
- American Express Co 2.85%
- Analog Devices Inc 2.84%
- Asahi Group Holdings Ltd 2.80%
Asset Allocation
Weighting | Return Low | Return High | GCEYX % Rank | |
---|---|---|---|---|
Stocks | 99.54% | 61.84% | 125.47% | 8.04% |
Cash | 0.65% | -174.70% | 23.12% | 88.55% |
Preferred Stocks | 0.00% | -0.01% | 5.28% | 95.48% |
Other | 0.00% | -13.98% | 19.14% | 95.26% |
Convertible Bonds | 0.00% | 0.00% | 4.46% | 95.48% |
Bonds | 0.00% | -1.50% | 161.67% | 95.59% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GCEYX % Rank | |
---|---|---|---|---|
Technology | 19.14% | 0.00% | 49.87% | 61.67% |
Financial Services | 19.05% | 0.00% | 38.42% | 18.06% |
Healthcare | 14.01% | 0.00% | 35.42% | 25.22% |
Communication Services | 13.80% | 0.00% | 57.66% | 15.20% |
Consumer Cyclical | 12.17% | 0.00% | 40.94% | 67.51% |
Industrials | 8.34% | 0.00% | 44.06% | 37.22% |
Consumer Defense | 5.96% | 0.00% | 73.28% | 69.27% |
Energy | 3.24% | 0.00% | 21.15% | 56.06% |
Real Estate | 1.60% | 0.00% | 39.48% | 49.89% |
Basic Materials | 1.58% | 0.00% | 38.60% | 78.19% |
Utilities | 1.11% | 0.00% | 29.12% | 66.08% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GCEYX % Rank | |
---|---|---|---|---|
US | 71.80% | 0.13% | 103.82% | 37.56% |
Non US | 27.74% | 0.58% | 99.46% | 52.53% |
GCEYX - Expenses
Operational Fees
GCEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.79% | 0.01% | 44.27% | 77.54% |
Management Fee | 0.75% | 0.00% | 1.82% | 63.46% |
12b-1 Fee | N/A | 0.00% | 1.00% | 95.68% |
Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
GCEYX 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% | 5.00% | 85.14% |
Trading Fees
GCEYX 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.
GCEYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 46.00% | 0.00% | 395.00% | 65.48% |
GCEYX - Distributions
Dividend Yield Analysis
GCEYX | Category Low | Category High | GCEYX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.00% | 0.00% | 3.26% | 95.19% |
Dividend Distribution Analysis
GCEYX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
GCEYX | Category Low | Category High | GCEYX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.08% | -4.27% | 12.65% | 35.80% |
Capital Gain Distribution Analysis
GCEYX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 12, 2023 | $0.165 | OrdinaryDividend |
Dec 13, 2022 | $0.575 | OrdinaryDividend |
Dec 15, 2020 | $0.120 | OrdinaryDividend |
Dec 17, 2019 | $0.476 | OrdinaryDividend |
Dec 18, 2018 | $0.147 | OrdinaryDividend |
Dec 20, 2017 | $0.151 | OrdinaryDividend |
Dec 21, 2016 | $0.103 | OrdinaryDividend |
Dec 24, 2014 | $0.025 | OrdinaryDividend |
GCEYX - Fund Manager Analysis
Managers
David Dalgas
Start Date
Tenure
Tenure Rank
Oct 31, 2014
7.59
7.6%
David Dalgas joined AB in 2014 and is Co-Chief Investment Officer of Global Core Equity. He previously served as head of equities and CIO at CPH Capital, which he cofounded in 2011. Prior to that, Dalgas was head of equities at BankInvest, where he was responsible for equity portfolios serving global institutional investors. He previously worked in portfolio management and equity research at LD Invest (now known as Maj Invest), WestLB, Amagerbanken and the Central Bank of Denmark. Dalgas holds a BSc in economics and business administration and an MSc in finance and accounting from the Copenhagen Business School, and is a CFA charterholder. Location: Copenhagen
Klaus Ingemann
Start Date
Tenure
Tenure Rank
Oct 31, 2014
7.59
7.6%
Klaus Ingemann joined AB in 2014 as Portfolio Manager and Senior Research Analyst and was promoted to Co-Chief Investment Officer of Global Core Equity in 2018. He previously served as an executive member of the investment board at CPH Capital, which he cofounded in 2011. Prior to that, Ingemann was chief portfolio manager and a member of the investment board at BankInvest. He previously worked as a corporate finance advisor for Carnegie Bank, where he mainly advised on cross-border mergers and acquisitions. Before that, Ingemann spent four years in the finance department at Tele Danmark, where he was primarily involved with developing a value-at-risk management system. He holds a BSc in business administration and an MSc in finance and accounting from the Copenhagen Business School, and is a CFA charterholder. Location: Copenhagen
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.82 | 6.24 | 1.25 |