PortfoliosLab logo

AB Discovery Value Fund (ABYSX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

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.

Share Price Chart


Loading data...

Performance

The chart shows the growth of $10,000 invested in AB Discovery Value Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $63,391 for a total return of roughly 533.91%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%NovemberDecember2023FebruaryMarch
3.43%
7.43%
ABYSX (AB Discovery Value Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ABYSX

AB Discovery Value Fund

Return

AB Discovery Value Fund had a return of -1.88% year-to-date (YTD) and -14.58% in the last 12 months. Over the past 10 years, AB Discovery Value Fund had an annualized return of 7.58%, while the S&P 500 had an annualized return of 9.86%, indicating that AB Discovery Value Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-11.96%-3.13%
Year-To-Date-1.88%2.92%
6 months-1.06%2.02%
1 year-14.58%-11.46%
5 years (annualized)3.44%7.79%
10 years (annualized)7.58%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202311.06%-2.18%
2022-9.58%10.15%3.86%-4.81%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current AB Discovery Value Fund Sharpe ratio is -0.52. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.00NovemberDecember2023FebruaryMarch
-0.52
-0.45
ABYSX (AB Discovery Value Fund)
Benchmark (^GSPC)

Dividend History

AB Discovery Value Fund granted a 7.76% dividend yield in the last twelve months. The annual payout for that period amounted to $1.54 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$1.54$1.54$2.46$0.16$0.85$2.18$1.52$0.81$1.19$2.95$2.12$0.95

Dividend yield

7.76%7.61%10.20%0.91%4.92%15.23%9.03%5.40%9.91%23.20%18.17%11.22%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
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
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
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
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
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
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
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
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
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
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.12
2012$0.95

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2023FebruaryMarch
-19.35%
-17.62%
ABYSX (AB Discovery Value Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the AB Discovery Value Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the AB Discovery Value Fund is 60.01%, recorded on Mar 9, 2009. It took 284 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-60.01%Jul 16, 2007415Mar 9, 2009284Apr 23, 2010699
-48.86%Aug 30, 2018389Mar 18, 2020203Jan 6, 2021592
-33.56%Apr 17, 2002122Oct 9, 2002223Aug 29, 2003345
-30.14%May 2, 2011108Oct 3, 2011303Dec 18, 2012411
-24.52%Jan 5, 2022186Sep 30, 2022
-22.55%Apr 26, 201050Jul 6, 2010111Dec 10, 2010161
-21.85%Jun 24, 2015161Feb 11, 2016128Aug 15, 2016289
-16.77%Aug 17, 200121Sep 21, 200151Dec 4, 200172
-13.2%Jul 7, 201470Oct 13, 201451Dec 24, 2014121
-12.37%Dec 19, 20051Dec 19, 2005233Nov 22, 2006234

Volatility Chart

Current AB Discovery Value Fund volatility is 35.83%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%60.00%NovemberDecember2023FebruaryMarch
35.83%
20.82%
ABYSX (AB Discovery Value Fund)
Benchmark (^GSPC)