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AB Select US Equity Portfolio
mutual fund
AUUAX
Payout Change
Pending
Price as of:
$22.38
+0.21
+0.95%
primary theme
U.S. Large-Cap Blend Equity
share class
AUUAX (Mutual Fund)
AB Select US Equity Portfolio
Payout Change
Pending
Price as of:
$22.38
+0.21
+0.95%
primary theme
U.S. Large-Cap Blend Equity
share class
AUUAX (Mutual Fund)
AB Select US Equity Portfolio
Payout Change
Pending
Price as of:
$22.38
+0.21
+0.95%
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
28.6%
1 yr return
28.5%
3 Yr Avg Return
9.9%
5 Yr Avg Return
14.4%
Net Assets
$246 M
Holdings in Top 10
38.2%
52 WEEK LOW AND HIGH
$22.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.48%
SALES FEES
Front Load 4.25%
Deferred Load N/A
TRADING FEES
Turnover 148.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$2,500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 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
AUUAX - Profile
Distributions
- YTD Total Return 28.6%
- 3 Yr Annualized Total Return 9.9%
- 5 Yr Annualized Total Return 14.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.13%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAB Select US Equity Portfolio
-
Fund Family NameALLIANCEBE
-
Inception DateDec 08, 2011
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKurt Feuerman
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of U.S. companies. For purposes of this policy, equity securities include common stock, preferred stock and derivatives related to common and preferred stocks.
The Adviser selects investments for the Fund through an intensive “bottom‑up” approach that places an emphasis on companies that are engaged in business activities with solid long-term growth potential and operating in industries with high barriers to entry, that have strong cash flows and other financial metrics, and that have transparent financial statements and business models. The Adviser also evaluates the quality of company management based on a series of criteria, including: (1) management’s focus on shareholder returns, such as through a demonstrated commitment to dividends and dividend growth, share buybacks or other shareholder-friendly corporate actions; (2) management’s employment of conservative accounting methodologies; (3) management incentives, such as direct equity ownership; and (4) management accessibility. The Adviser seeks to identify companies where events or catalysts may drive the company’s share price higher, such as earnings and/or revenue growth above consensus forecasts, potential market recognition of undervaluation or overstated market-risk discount, or the institution of shareholder-focused changes discussed in the preceding sentence. In light of this catalyst-focused approach, the Adviser expects to engage in active and frequent trading for the Fund.
The Adviser may reduce or eliminate the Fund’s holdings in a company’s securities for a number of reasons, including if its evaluation of the above factors changes adversely, if the anticipated events or catalysts do not occur or do not affect the price of the securities as expected, or if the anticipated events or catalysts do occur and cause the securities to be, in the Adviser’s view, overvalued or fully valued. At any given time the Fund may emphasize growth stocks over value stocks, or vice versa.
The Fund’s investments will be focused on securities of companies with large and medium market capitalizations, but it may also invest in securities of small-capitalization companies. The Fund may invest in non‑U.S. companies, but will limit its investments in such companies to no more than 10% of its net assets. The Fund may purchase securities in initial public offerings (“IPOs”) and expects to do so on a regular basis.
AUUAX - Performance
Return Ranking - Trailing
| Period | AUUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.6% | -53.3% | 47.6% | 20.70% |
| 1 Yr | 28.5% | -53.0% | 47.8% | 19.87% |
| 3 Yr | 9.9%* | -24.7% | 16.4% | 26.70% |
| 5 Yr | 14.4%* | -10.4% | 108.3% | 33.98% |
| 10 Yr | 12.3%* | -0.6% | 52.3% | 33.21% |
* Annualized
Return Ranking - Calendar
| Period | AUUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.2% | -42.6% | 47.4% | 60.98% |
| 2022 | -18.8% | -56.3% | -4.2% | 23.03% |
| 2021 | 4.8% | -27.2% | 537.8% | 87.57% |
| 2020 | 11.1% | -22.5% | 2181.7% | 52.65% |
| 2019 | 19.7% | -13.5% | 40.4% | 68.74% |
Total Return Ranking - Trailing
| Period | AUUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.6% | -53.3% | 47.6% | 20.70% |
| 1 Yr | 28.5% | -53.0% | 47.8% | 19.87% |
| 3 Yr | 9.9%* | -24.7% | 16.4% | 26.70% |
| 5 Yr | 14.4%* | -10.4% | 108.3% | 33.98% |
| 10 Yr | 12.3%* | -0.6% | 52.3% | 33.21% |
* Annualized
Total Return Ranking - Calendar
| Period | AUUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.7% | -5.0% | 47.4% | 75.37% |
| 2022 | -13.7% | -36.8% | -2.2% | 19.68% |
| 2021 | 29.8% | 3.0% | 537.8% | 12.34% |
| 2020 | 14.8% | -15.8% | 2266.0% | 63.52% |
| 2019 | 29.4% | -0.4% | 241.3% | 56.40% |
NAV & Total Return History
AUUAX - Holdings
Concentration Analysis
| AUUAX | Category Low | Category High | AUUAX % Rank | |
|---|---|---|---|---|
| Net Assets | 246 M | 2.34 M | 1.84 T | 79.35% |
| Number of Holdings | 75 | 2 | 3963 | 61.19% |
| Net Assets in Top 10 | 107 M | 880 K | 525 B | 77.36% |
| Weighting of Top 10 | 38.24% | 0.3% | 111.6% | 39.88% |
Top 10 Holdings
- Apple Inc 6.35%
- Microsoft Corp 6.19%
- NVIDIA Corp 5.81%
- Alphabet Inc 3.75%
- Berkshire Hathaway Inc 3.63%
- Meta Platforms Inc 3.48%
- Amazon.com Inc 3.01%
- AB Fixed Income Shares, Inc. - Government Money Market Portfolio 2.48%
- Broadcom Inc 1.80%
- Exxon Mobil Corp 1.74%
Asset Allocation
| Weighting | Return Low | Return High | AUUAX % Rank | |
|---|---|---|---|---|
| Stocks | 97.55% | 0.00% | 105.79% | 78.86% |
| Cash | 2.48% | 0.00% | 99.07% | 21.14% |
| Preferred Stocks | 0.00% | 0.00% | 2.15% | 10.45% |
| Other | 0.00% | -13.91% | 100.00% | 38.47% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 5.32% |
| Bonds | 0.00% | 0.00% | 93.85% | 11.77% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AUUAX % Rank | |
|---|---|---|---|---|
| Technology | 20.32% | 0.00% | 48.94% | 74.41% |
| Financial Services | 18.02% | 0.00% | 55.59% | 11.49% |
| Healthcare | 14.51% | 0.00% | 52.29% | 44.17% |
| Industrials | 13.40% | 0.00% | 29.90% | 11.82% |
| Consumer Cyclical | 9.04% | 0.00% | 30.33% | 72.55% |
| Energy | 7.89% | 0.00% | 41.64% | 6.59% |
| Communication Services | 7.38% | 0.00% | 27.94% | 65.63% |
| Consumer Defense | 6.86% | 0.00% | 47.71% | 50.34% |
| Utilities | 1.07% | 0.00% | 20.91% | 76.01% |
| Real Estate | 0.78% | 0.00% | 31.91% | 82.35% |
| Basic Materials | 0.73% | 0.00% | 25.70% | 91.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AUUAX % Rank | |
|---|---|---|---|---|
| US | 97.55% | 0.00% | 105.79% | 68.33% |
| Non US | 0.00% | 0.00% | 63.83% | 24.30% |
AUUAX - Expenses
Operational Fees
| AUUAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.48% | 0.01% | 19.75% | 14.44% |
| Management Fee | 1.00% | 0.00% | 1.90% | 95.92% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 28.33% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| AUUAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 4.25% | 1.00% | 5.75% | 89.21% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| AUUAX 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.
| AUUAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 148.00% | 0.00% | 268.00% | 95.37% |
AUUAX - Distributions
Dividend Yield Analysis
| AUUAX | Category Low | Category High | AUUAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.02% | 0.00% | 25.47% | 38.82% |
Dividend Distribution Analysis
| AUUAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| AUUAX | Category Low | Category High | AUUAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.13% | -54.00% | 2.44% | 88.47% |
Capital Gain Distribution Analysis
| AUUAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 11, 2024 | $0.005 | OrdinaryDividend |
| Dec 11, 2024 | $1.151 | CapitalGainShortTerm |
| Dec 11, 2024 | $0.706 | CapitalGainLongTerm |
| Dec 06, 2023 | $0.023 | OrdinaryDividend |
| Dec 06, 2023 | $0.085 | CapitalGainShortTerm |
| Dec 06, 2023 | $0.293 | CapitalGainLongTerm |
| Dec 07, 2022 | $1.016 | OrdinaryDividend |
| Dec 08, 2021 | $4.719 | OrdinaryDividend |
| Dec 09, 2020 | $0.605 | OrdinaryDividend |
| Dec 11, 2019 | $0.069 | OrdinaryDividend |
| Dec 11, 2019 | $0.398 | CapitalGainShortTerm |
| Dec 11, 2019 | $0.881 | CapitalGainLongTerm |
| Dec 12, 2018 | $1.119 | CapitalGainShortTerm |
| Dec 12, 2018 | $0.546 | CapitalGainLongTerm |
| Dec 12, 2018 | $0.050 | OrdinaryDividend |
| Dec 13, 2017 | $1.120 | CapitalGainShortTerm |
| Dec 13, 2017 | $0.679 | CapitalGainLongTerm |
| Dec 13, 2017 | $0.026 | OrdinaryDividend |
| Dec 14, 2016 | $0.314 | CapitalGainShortTerm |
| Dec 14, 2016 | $0.224 | CapitalGainLongTerm |
| Dec 16, 2015 | $0.513 | CapitalGainShortTerm |
| Dec 16, 2015 | $0.596 | CapitalGainLongTerm |
| Dec 16, 2015 | $0.017 | OrdinaryDividend |
| Dec 17, 2014 | $1.132 | CapitalGainShortTerm |
| Dec 17, 2014 | $0.104 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.036 | OrdinaryDividend |
| Dec 18, 2013 | $0.312 | CapitalGainShortTerm |
| Dec 18, 2013 | $0.011 | CapitalGainLongTerm |
| Dec 18, 2013 | $0.008 | OrdinaryDividend |
| Aug 27, 2013 | $0.005 | ExtraDividend |
| Dec 19, 2012 | $0.002 | OrdinaryDividend |
| Dec 19, 2012 | $0.330 | CapitalGainShortTerm |
AUUAX - Fund Manager Analysis
Managers
Kurt Feuerman
Start Date
Tenure
Tenure Rank
Dec 08, 2011
10.48
10.5%
Kurt Feuerman is Chief Investment Officer of Select Equity Portfolios at AllianceBernstein, focusing primarily on equity securities traded on US exchanges. Prior to joining the firm in June 2011, he was a senior managing director and senior trader with Caxton Associates for more than 12 years, and a managing director for nine years with Morgan Stanley, where his responsibilities included managing part of the firm’s US equity business. Earlier, Feuerman was a managing director with Drexel Burnham Lambert for six years, specializing as a sell-side securities analyst. He began his career in 1982 at The Bank of New York. Feuerman holds a BA in philosophy from McGill University, an MA in philosophy from Syracuse University and an MBA in finance from Columbia University. Location: New York
Anthony Nappo
Start Date
Tenure
Tenure Rank
Jun 30, 2015
6.92
6.9%
Anthony Nappo is Co-Chief Investment Officer for the Select US Equity Portfolios and a Portfolio Manager/Research Analyst covering healthcare and energy. Before joining the firm in 2011, Nappo was a portfolio manager at Surveyor Capital, a group within Citadel LLC, where he managed a long/short healthcare portfolio and an analyst team. Prior to that, he was a portfolio manager with Caxton Associates for eight years, in charge of healthcare and energy for both long/short and long-only strategies. Nappo started his career in finance as an equity research analyst at J.P. Morgan Securities. He graduated first in his class with a BS in management from Binghamton University and holds an MBA in finance from the University of Pennsylvania’s Wharton School. Nappo is a CFA charterholder and member of the CFA Institute and the New York Society of Security Analysts. Location: New York
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.29 | 2.42 |
