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AB Growth Fund
mutual fund
AGRYX
Payout Change
Pending
Price as of:
$134.05
+1.38
+1.04%
primary theme
U.S. Large-Cap Growth Equity
share class
AGRYX (Mutual Fund)
AB Growth Fund
Payout Change
Pending
Price as of:
$134.05
+1.38
+1.04%
primary theme
U.S. Large-Cap Growth Equity
share class
AGRYX (Mutual Fund)
AB Growth Fund
Payout Change
Pending
Price as of:
$134.05
+1.38
+1.04%
primary theme
U.S. Large-Cap Growth Equity
share class
Name
As of 12/23/2024Price
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
35.0%
1 yr return
35.4%
3 Yr Avg Return
9.6%
5 Yr Avg Return
16.7%
Net Assets
$1.46 B
Holdings in Top 10
46.8%
52 WEEK LOW AND HIGH
$132.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/23/2024Price
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
AGRYX - Profile
Distributions
- YTD Total Return 35.0%
- 3 Yr Annualized Total Return 9.6%
- 5 Yr Annualized Total Return 16.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.43%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAB Growth Fund
-
Fund Family NameALLIANCEBE
-
Inception DateMay 20, 1997
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerFrank Caruso
Fund Description
The Fund invests primarily in domestic equity securities of companies selected by the Fund’s Adviser for their growth potential within various market sectors. When selecting securities, the Adviser looks for companies that have experienced management teams, strong market positions, and the potential to deliver greater-than-expected earnings growth rates.
In managing the Fund, the Adviser allocates investments among broad sector groups and selects specific investments based on the fundamental company research conducted by the Adviser’s internal research staff, assessing the current and forecasted investment opportunities and conditions, as well as diversification and risk considerations. The Adviser’s research focus is on companies with high sustainable growth prospects, high or improving return on invested capital, transparent business models, and clear competitive advantages.
The Fund has the flexibility to invest across the capitalization spectrum. The Fund is designed for those seeking exposure to companies of various sizes, and typically has substantial investments in both large-capitalization companies and mid‑capitalization companies, and may also invest in small-capitalization companies.
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.
AGRYX - Performance
Return Ranking - Trailing
| Period | AGRYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 35.0% | -5.9% | 58.1% | 33.91% |
| 1 Yr | 35.4% | -3.8% | 58.7% | 33.00% |
| 3 Yr | 9.6%* | -24.7% | 27.3% | 25.63% |
| 5 Yr | 16.7%* | -14.9% | 31.1% | 36.71% |
| 10 Yr | 15.9%* | -5.6% | 22.1% | 13.99% |
* Annualized
Return Ranking - Calendar
| Period | AGRYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 29.7% | -74.1% | 72.4% | 57.48% |
| 2022 | -30.4% | -85.9% | 4.7% | 30.12% |
| 2021 | 11.7% | -52.4% | 60.5% | 37.42% |
| 2020 | 29.4% | -34.3% | 145.0% | 40.25% |
| 2019 | 22.6% | -6.9% | 49.4% | 65.85% |
Total Return Ranking - Trailing
| Period | AGRYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 35.0% | -5.9% | 58.1% | 33.91% |
| 1 Yr | 35.4% | -3.8% | 58.7% | 33.00% |
| 3 Yr | 9.6%* | -24.7% | 27.3% | 25.63% |
| 5 Yr | 16.7%* | -14.9% | 31.1% | 36.71% |
| 10 Yr | 15.9%* | -5.6% | 22.1% | 13.99% |
* Annualized
Total Return Ranking - Calendar
| Period | AGRYX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 37.8% | -4.6% | 72.4% | 50.18% |
| 2022 | -29.4% | -61.7% | 5.6% | 40.22% |
| 2021 | 21.4% | -39.8% | 118.1% | 56.03% |
| 2020 | 36.3% | 2.8% | 149.2% | 44.33% |
| 2019 | 31.4% | -5.2% | 49.4% | 64.73% |
NAV & Total Return History
AGRYX - Holdings
Concentration Analysis
| AGRYX | Category Low | Category High | AGRYX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.46 B | 296 K | 317 B | 50.05% |
| Number of Holdings | 55 | 2 | 3061 | 56.62% |
| Net Assets in Top 10 | 704 M | 126 K | 150 B | 54.90% |
| Weighting of Top 10 | 46.83% | 0.7% | 205.0% | 71.52% |
Top 10 Holdings
- NVIDIA Corp 8.37%
- Amazon.com Inc 8.33%
- Meta Platforms Inc 6.92%
- Microsoft Corp 4.56%
- Visa Inc 4.38%
- Eli Lilly Co 3.39%
- Alphabet Inc 3.15%
- Vertex Pharmaceuticals Inc 2.80%
- Netflix Inc 2.60%
- Monster Beverage Corp 2.34%
Asset Allocation
| Weighting | Return Low | Return High | AGRYX % Rank | |
|---|---|---|---|---|
| Stocks | 99.89% | 0.00% | 123.52% | 11.71% |
| Cash | 0.19% | 0.00% | 173.52% | 79.40% |
| Other | 0.00% | -36.56% | 42.58% | 23.50% |
| Preferred Stocks | 0.00% | 0.00% | 8.45% | 19.24% |
| Convertible Bonds | 0.00% | 0.00% | 1.94% | 6.36% |
| Bonds | 0.00% | 0.00% | 102.71% | 8.71% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AGRYX % Rank | |
|---|---|---|---|---|
| Technology | 28.84% | 0.00% | 65.70% | 73.45% |
| Healthcare | 22.90% | 0.00% | 39.76% | 3.09% |
| Consumer Cyclical | 19.22% | 0.00% | 62.57% | 22.09% |
| Communication Services | 9.84% | 0.00% | 66.40% | 56.64% |
| Industrials | 6.90% | 0.00% | 30.65% | 41.55% |
| Financial Services | 5.77% | 0.00% | 43.06% | 82.27% |
| Consumer Defense | 5.53% | 0.00% | 25.50% | 21.91% |
| Basic Materials | 1.01% | 0.00% | 18.91% | 55.82% |
| Utilities | 0.00% | 0.00% | 16.07% | 32.36% |
| Real Estate | 0.00% | 0.00% | 16.05% | 68.64% |
| Energy | 0.00% | 0.00% | 41.09% | 56.55% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AGRYX % Rank | |
|---|---|---|---|---|
| US | 99.89% | 0.00% | 123.52% | 8.98% |
| Non US | 0.00% | 0.00% | 75.46% | 34.39% |
AGRYX - Expenses
Operational Fees
| AGRYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.87% | 0.01% | 28.71% | 56.92% |
| Management Fee | 0.75% | 0.00% | 1.50% | 78.52% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.02% | N/A |
Sales Fees
| AGRYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 8.50% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| AGRYX 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.
| AGRYX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 28.00% | 0.00% | 316.74% | 39.47% |
AGRYX - Distributions
Dividend Yield Analysis
| AGRYX | Category Low | Category High | AGRYX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 27.58% | 44.50% |
Dividend Distribution Analysis
| AGRYX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | SemiAnnual | SemiAnnual |
Net Income Ratio Analysis
| AGRYX | Category Low | Category High | AGRYX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.43% | -6.13% | 3.48% | 59.28% |
Capital Gain Distribution Analysis
| AGRYX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 10, 2024 | $23.118 | CapitalGainLongTerm |
| Dec 05, 2023 | $6.928 | CapitalGainLongTerm |
| Dec 06, 2022 | $1.323 | CapitalGainLongTerm |
| Dec 07, 2021 | $11.090 | CapitalGainLongTerm |
| Dec 08, 2020 | $5.953 | CapitalGainLongTerm |
| Dec 10, 2019 | $6.247 | CapitalGainLongTerm |
| Dec 11, 2018 | $0.545 | CapitalGainShortTerm |
| Dec 11, 2018 | $10.024 | CapitalGainLongTerm |
| Dec 13, 2017 | $6.845 | CapitalGainLongTerm |
| Dec 14, 2016 | $0.618 | CapitalGainLongTerm |
| Dec 16, 2015 | $5.822 | CapitalGainLongTerm |
| Dec 17, 2014 | $2.938 | CapitalGainLongTerm |
| Dec 06, 2000 | $1.215 | CapitalGainShortTerm |
| Dec 06, 2000 | $4.485 | CapitalGainLongTerm |
| Dec 06, 1999 | $1.873 | CapitalGainShortTerm |
| Dec 06, 1999 | $5.565 | CapitalGainLongTerm |
| Dec 11, 1998 | $0.281 | CapitalGainShortTerm |
| Dec 11, 1998 | $3.430 | CapitalGainLongTerm |
| Dec 09, 1997 | $0.305 | CapitalGainShortTerm |
| Dec 09, 1997 | $2.604 | CapitalGainLongTerm |
AGRYX - Fund Manager Analysis
Managers
Frank Caruso
Start Date
Tenure
Tenure Rank
Aug 13, 2008
13.81
13.8%
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
Bruce Aronow
Start Date
Tenure
Tenure Rank
Mar 13, 2013
9.22
9.2%
Bruce K. Aronow is Chief Investment Officer for US Small/SMID Cap Growth products, a role he has held since 2000. He is also responsible for the US Small/SMID Cap Growth consumer/commercial services sector. Prior to joining the firm in 1999, Aronow was responsible for research and portfolio management for the small-cap consumer and autos/transportation sectors at Invesco (NY) (formerly Chancellor Capital Management). He joined Chancellor in 1994 as a small-cap analyst, primarily focusing on autos/transportation, specialty finance and consumer-related companies. Previously, Aronow was a senior associate with Kidder, Peabody & Co. for five years. He holds a BA with a concentration in philosophy and a minor in economics from Colgate University and served as a recent graduate member on the Board of Trustees of Colgate University from 1990 to 1993. Aronow is a member of both the New York Society of Security Analysts and the Association for Investment Management & Research (AIMR), and is a CFA charterholder. Location: New York
John Fogarty
Start Date
Tenure
Tenure Rank
Mar 13, 2013
9.22
9.2%
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 | 54.45 | 8.25 | 3.08 |
