AB Discovery Value Fund (ABYSX)
The fund invests primarily in a diversified portfolio of equity securities of small- to mid-capitalization U.S. companies. Under normal circumstances, it invests at least 80% of its net assets in securities of small- to mid-capitalization companies. For purposes of this policy, small- to mid-capitalization companies are those that, at the time of investment, fall within the capitalization range between the smallest company in the Russell 2500 Value Index and the greater of $5 billion or the market capitalization of the largest company in the Russell 2500 Value Index.
Fund Info
| ISIN | US0189144084 |
|---|---|
| Issuer | AllianceBernstein |
| Inception Date | Mar 29, 2001 |
| Category | Small Cap Value Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
ABYSX features an expense ratio of 0.83%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: ABYSX vs. SPLG, ABYSX vs. CSMIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AB Discovery Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AB Discovery Value Fund had a return of 7.52% year-to-date (YTD) and 13.01% in the last 12 months. Over the past 10 years, AB Discovery Value Fund had an annualized return of 7.52%, while the S&P 500 had an annualized return of 10.58%, indicating that AB Discovery Value Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.52% | 13.20% |
| 1 month | 5.81% | -1.28% |
| 6 months | 8.60% | 10.32% |
| 1 year | 13.01% | 18.23% |
| 5 years (annualized) | 9.32% | 12.31% |
| 10 years (annualized) | 7.52% | 10.58% |
Monthly Returns
The table below presents the monthly returns of ABYSX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.16% | 3.68% | 5.55% | -6.86% | 5.15% | -2.28% | 7.52% | ||||||
| 2023 | 11.06% | -2.18% | -5.95% | -1.50% | -3.14% | 9.57% | 5.08% | -3.34% | -6.05% | -5.57% | 10.00% | 11.18% | 17.71% |
| 2022 | -3.97% | -0.08% | -1.20% | -7.84% | 2.64% | -10.52% | 10.17% | -3.62% | -9.58% | 10.14% | 3.86% | -4.81% | -16.10% |
| 2021 | 1.19% | 12.87% | 5.89% | 5.52% | 2.62% | -3.17% | -1.02% | 2.81% | -2.26% | 3.90% | -2.04% | 5.68% | 35.67% |
| 2020 | -4.60% | -11.08% | -25.20% | 13.49% | 5.10% | 1.42% | 3.31% | 4.38% | -3.31% | 4.22% | 16.30% | 6.52% | 3.34% |
| 2019 | 10.71% | 3.21% | -2.27% | 3.69% | -7.84% | 6.76% | -0.15% | -5.10% | 4.54% | 0.50% | 3.53% | 2.28% | 20.10% |
| 2018 | 2.23% | -5.54% | 0.93% | 1.98% | 3.28% | -0.17% | 1.38% | 1.86% | -1.74% | -9.12% | 2.73% | -12.55% | -15.10% |
| 2017 | 0.95% | 1.22% | -0.49% | -0.13% | -2.06% | 1.87% | 1.03% | -2.09% | 6.35% | 1.92% | 3.39% | 0.50% | 12.88% |
| 2016 | -7.27% | 2.53% | 9.31% | 1.10% | 1.66% | -1.74% | 5.15% | 1.73% | 0.78% | -2.32% | 11.81% | 0.84% | 24.65% |
| 2015 | -4.02% | 6.16% | 1.24% | -1.36% | 1.81% | -1.59% | -0.95% | -4.08% | -4.10% | 5.63% | 1.83% | -5.59% | -5.68% |
| 2014 | -3.59% | 4.82% | 1.59% | -0.85% | 2.08% | 4.21% | -4.51% | 4.54% | -6.22% | 2.82% | 3.14% | 1.57% | 9.19% |
| 2013 | 7.61% | 1.45% | 4.65% | -0.10% | 4.44% | -1.50% | 6.92% | -4.45% | 5.29% | 4.11% | 2.02% | 2.75% | 37.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ABYSX is 33, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AB Discovery Value Fund (ABYSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AB Discovery Value Fund granted a 6.31% dividend yield in the last twelve months. The annual payout for that period amounted to $1.51 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.51 | $1.51 | $1.54 | $2.46 | $0.16 | $0.85 | $2.18 | $1.52 | $0.81 | $1.19 | $2.95 | $2.12 |
Dividend yield | 6.31% | 6.79% | 7.61% | 9.48% | 0.77% | 4.15% | 12.31% | 6.54% | 3.67% | 6.50% | 14.30% | 9.75% |
Monthly Dividends
The table displays the monthly dividend distributions for AB Discovery Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.51 | $1.51 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.54 | $1.54 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.46 | $2.46 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.85 | $0.85 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.18 | $2.18 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.52 | $1.52 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.81 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.19 | $1.19 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.95 | $2.95 |
| 2013 | $2.12 | $2.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AB Discovery Value Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AB Discovery Value Fund was 60.01%, occurring on Mar 9, 2009. Recovery took 284 trading sessions.
The current AB Discovery Value Fund drawdown is 2.21%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.01% | Jul 16, 2007 | 415 | Mar 9, 2009 | 284 | Apr 23, 2010 | 699 |
| -48.86% | Aug 30, 2018 | 389 | Mar 18, 2020 | 203 | Jan 6, 2021 | 592 |
| -33.56% | Apr 17, 2002 | 122 | Oct 9, 2002 | 223 | Aug 29, 2003 | 345 |
| -30.14% | May 2, 2011 | 108 | Oct 3, 2011 | 303 | Dec 18, 2012 | 411 |
| -24.52% | Jan 5, 2022 | 186 | Sep 30, 2022 | 359 | Mar 7, 2024 | 545 |
Volatility
Volatility Chart
The current AB Discovery Value Fund volatility is 5.77%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.