AB Select U.S. Long/Short fund’s lead portfolio manager has a wealth of experience, but the uncertainties associated with tactical net exposure management and significant key-person risk result in People and Process Pillar ratings of Average.
AB Select US Long/Short A ASLAX
- NAV / 1-Day Return 15.03 / 0.00
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.960%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Long-Short Equity
- Investment Style Large Blend
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 1.00%
- Turnover 242%
USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:16 PM GMT+0
Morningstar’s Analysis ASLAX
Will ASLAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 27.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
AB Government Money Market A | 28.48 | 413.1 Mil | Cash and Equivalents |
Apple Inc | 4.62 | 67.1 Mil | Technology |
Microsoft Corp | 4.56 | 66.2 Mil | Technology |
NVIDIA Corp | 4.02 | 58.3 Mil | Technology |
Berkshire Hathaway Inc Class B | 2.82 | 40.9 Mil | Financial Services |
Alphabet Inc Class A | 2.65 | 38.4 Mil | Communication Services |
Amazon.com Inc | 2.24 | 32.5 Mil | Consumer Cyclical |
Meta Platforms Inc Class A | 2.09 | 30.3 Mil | Communication Services |
UnitedHealth Group Inc | 1.49 | 21.6 Mil | Healthcare |
Visa Inc Class A | 1.36 | 19.7 Mil | Financial Services |