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AB CORE OPPORTUNITIES FUND, INC.
mutual fund
ADGZX
Payout Change
Pending
Price as of:
$25.7
+0.24
+0.94%
primary theme
U.S. Large-Cap Blend Equity
share class
ADGZX (Mutual Fund)
AB CORE OPPORTUNITIES FUND, INC.
Payout Change
Pending
Price as of:
$25.7
+0.24
+0.94%
primary theme
U.S. Large-Cap Blend Equity
share class
ADGZX (Mutual Fund)
AB CORE OPPORTUNITIES FUND, INC.
Payout Change
Pending
Price as of:
$25.7
+0.24
+0.94%
primary theme
U.S. Large-Cap Blend Equity
share class
Name
As of 12/24/2024Price
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
Vitals
YTD Return
25.9%
1 yr return
26.3%
3 Yr Avg Return
9.2%
5 Yr Avg Return
12.8%
Net Assets
$182 M
Holdings in Top 10
35.9%
52 WEEK LOW AND HIGH
$25.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.88%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 56.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
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
ADGZX - Profile
Distributions
- YTD Total Return 25.9%
- 3 Yr Annualized Total Return 9.2%
- 5 Yr Annualized Total Return 12.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.43%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAB CORE OPPORTUNITIES FUND, INC.
-
Fund Family NameALLIANCEBE
-
Inception DateOct 15, 2013
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerFrank Caruso
Fund Description
The Fund invests primarily in the equity securities of U.S. companies that the Adviser believes are attractively valued. The Adviser relies primarily upon the fundamental analysis and research of its dedicated investment team for the Fund in conducting research and making investment decisions. The team initially screens a primary research universe of largely U.S. companies for attractive security valuation and business models. Once appropriate candidates have been identified for further analysis, the team conducts fundamental research to better understand the economics of the company’s business model. In evaluating a company for potential inclusion in the Fund, the Adviser takes into account many factors that it believes bear on the company’s ability to perform in the future, including competitive advantages and fundamentals such as strong cash-flow generation, sustainable growth and strong balance sheets.
At different times, and as a result of how individual companies are valued in the market, the Fund may be attracted to investments in companies with different market capitalizations (i.e., large-, mid- or small-capitalization) or companies engaged in particular types of business (e.g., banks and other financial institutions), although the Fund does not intend to concentrate in any particular industries or businesses. The Fund’s portfolio emphasis upon particular industries or sectors will be a by-product of the stock selection process rather than the result of assigned targets or ranges. In managing the Fund, the Adviser will not seek to have a bias either towards securities typically considered growth stocks or securities typically considered value stocks.
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.
ADGZX - Performance
Return Ranking - Trailing
| Period | ADGZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 25.9% | -53.3% | 47.6% | 36.99% |
| 1 Yr | 26.3% | -53.0% | 47.8% | 36.91% |
| 3 Yr | 9.2%* | -24.7% | 16.4% | 35.77% |
| 5 Yr | 12.8%* | -10.4% | 108.3% | 56.43% |
| 10 Yr | 12.2%* | -0.6% | 52.3% | 33.57% |
* Annualized
Return Ranking - Calendar
| Period | ADGZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.6% | -42.6% | 47.4% | 63.06% |
| 2022 | -23.1% | -56.3% | -4.2% | 66.50% |
| 2021 | 8.5% | -27.2% | 537.8% | 82.89% |
| 2020 | 8.6% | -22.5% | 2181.7% | 69.35% |
| 2019 | 20.5% | -13.5% | 40.4% | 65.86% |
Total Return Ranking - Trailing
| Period | ADGZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 25.9% | -53.3% | 47.6% | 36.99% |
| 1 Yr | 26.3% | -53.0% | 47.8% | 36.91% |
| 3 Yr | 9.2%* | -24.7% | 16.4% | 35.77% |
| 5 Yr | 12.8%* | -10.4% | 108.3% | 56.43% |
| 10 Yr | 12.2%* | -0.6% | 52.3% | 33.57% |
* Annualized
Total Return Ranking - Calendar
| Period | ADGZX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.2% | -5.0% | 47.4% | 67.22% |
| 2022 | -15.5% | -36.8% | -2.2% | 28.98% |
| 2021 | 24.8% | 3.0% | 537.8% | 71.74% |
| 2020 | 13.4% | -15.8% | 2266.0% | 73.94% |
| 2019 | 27.3% | -0.4% | 241.3% | 75.05% |
NAV & Total Return History
ADGZX - Holdings
Concentration Analysis
| ADGZX | Category Low | Category High | ADGZX % Rank | |
|---|---|---|---|---|
| Net Assets | 182 M | 2.34 M | 1.84 T | 83.67% |
| Number of Holdings | 62 | 2 | 3963 | 69.49% |
| Net Assets in Top 10 | 65.1 M | 880 K | 525 B | 84.08% |
| Weighting of Top 10 | 35.92% | 0.3% | 111.6% | 51.04% |
Top 10 Holdings
- Microsoft Corp 5.83%
- Amazon.com Inc 4.95%
- Meta Platforms Inc 4.24%
- NVIDIA Corp 4.04%
- Alphabet Inc 3.27%
- Vertex Pharmaceuticals Inc 3.13%
- Visa Inc 2.67%
- Berkshire Hathaway Inc 2.64%
- JPMorgan Chase Co 2.61%
- UnitedHealth Group Inc 2.53%
Asset Allocation
| Weighting | Return Low | Return High | ADGZX % Rank | |
|---|---|---|---|---|
| Stocks | 98.79% | 0.00% | 105.79% | 56.47% |
| Cash | 1.28% | 0.00% | 99.07% | 42.21% |
| Preferred Stocks | 0.00% | 0.00% | 2.15% | 54.48% |
| Other | 0.00% | -13.91% | 100.00% | 66.09% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 51.83% |
| Bonds | 0.00% | 0.00% | 93.85% | 54.98% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ADGZX % Rank | |
|---|---|---|---|---|
| Technology | 22.91% | 0.00% | 48.94% | 60.22% |
| Healthcare | 22.10% | 0.00% | 52.29% | 4.22% |
| Industrials | 14.66% | 0.00% | 29.90% | 7.01% |
| Consumer Cyclical | 13.31% | 0.00% | 30.33% | 8.61% |
| Financial Services | 12.33% | 0.00% | 55.59% | 77.96% |
| Communication Services | 7.92% | 0.00% | 27.94% | 58.45% |
| Real Estate | 2.30% | 0.00% | 31.91% | 62.75% |
| Consumer Defense | 1.96% | 0.00% | 47.71% | 96.03% |
| Energy | 1.79% | 0.00% | 41.64% | 78.38% |
| Basic Materials | 0.71% | 0.00% | 25.70% | 92.48% |
| Utilities | 0.00% | 0.00% | 20.91% | 92.82% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ADGZX % Rank | |
|---|---|---|---|---|
| US | 98.79% | 0.00% | 105.79% | 46.52% |
| Non US | 0.00% | 0.00% | 63.83% | 60.86% |
ADGZX - Expenses
Operational Fees
| ADGZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.88% | 0.01% | 19.75% | 44.07% |
| Management Fee | 0.55% | 0.00% | 1.90% | 57.50% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| ADGZX 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 | 1.00% | 5.00% | N/A |
Trading Fees
| ADGZX 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.
| ADGZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 56.00% | 0.00% | 268.00% | 78.13% |
ADGZX - Distributions
Dividend Yield Analysis
| ADGZX | Category Low | Category High | ADGZX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.27% | 0.00% | 25.47% | 23.28% |
Dividend Distribution Analysis
| ADGZX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| ADGZX | Category Low | Category High | ADGZX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.43% | -54.00% | 2.44% | 66.53% |
Capital Gain Distribution Analysis
| ADGZX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2024 | $0.067 | OrdinaryDividend |
| Dec 12, 2024 | $0.435 | CapitalGainShortTerm |
| Dec 12, 2024 | $1.922 | CapitalGainLongTerm |
| Dec 07, 2023 | $0.106 | OrdinaryDividend |
| Dec 07, 2023 | $0.916 | CapitalGainLongTerm |
| Dec 08, 2022 | $1.969 | OrdinaryDividend |
| Dec 09, 2021 | $3.709 | OrdinaryDividend |
| Dec 10, 2020 | $0.995 | OrdinaryDividend |
| Dec 12, 2019 | $0.150 | OrdinaryDividend |
| Dec 12, 2019 | $0.351 | CapitalGainShortTerm |
| Dec 12, 2019 | $0.701 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.716 | CapitalGainShortTerm |
| Dec 13, 2018 | $2.199 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.128 | OrdinaryDividend |
| Dec 14, 2017 | $0.658 | CapitalGainShortTerm |
| Dec 14, 2017 | $1.563 | CapitalGainLongTerm |
| Jun 12, 2017 | $0.017 | CapitalGainShortTerm |
| Dec 15, 2016 | $0.020 | CapitalGainShortTerm |
| Dec 15, 2016 | $0.825 | CapitalGainLongTerm |
| Dec 15, 2016 | $0.057 | OrdinaryDividend |
| Dec 17, 2015 | $0.055 | CapitalGainShortTerm |
| Dec 17, 2015 | $1.228 | CapitalGainLongTerm |
ADGZX - Fund Manager Analysis
Managers
Frank Caruso
Start Date
Tenure
Tenure Rank
Dec 22, 1999
22.45
22.5%
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
Vinay Thapar
Start Date
Tenure
Tenure Rank
Apr 11, 2018
4.14
4.1%
Vinay Thapar is a Senior Vice President and Co-Chief Investment Officer for US Growth Equities and a Portfolio Manager for the Global Healthcare Strategy. He is also a Senior Research Analyst, responsible for covering global healthcare. Before joining the firm in 2011, Thapar spent three years at American Century Investments as a senior investment analyst responsible for healthcare. Prior to that, he worked for eight years at Bear Stearns in the Biotech Equity Research Group, most recently as an associate director. Thapar holds a BA in biology from New York University and is a CFA charterholder. Location: New York
John Fogarty
Start Date
Tenure
Tenure Rank
Apr 11, 2018
4.14
4.1%
John H. Fogarty is a Senior Vice President and Co-Chief Investment Officer for US Growth Equities. 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 |
|---|---|---|---|
| 0.04 | 39.02 | 7.29 | 2.42 |
