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
The AB Discovery Value Fund has a high expense ratio of 0.83%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: ABYSX vs. SPLG
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 7.07% year-to-date (YTD) and 25.41% in the last 12 months. Over the past 10 years, AB Discovery Value Fund had an annualized return of 7.88%, while the S&P 500 had an annualized return of 10.89%, indicating that AB Discovery Value Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 7.07% | 10.16% |
1 month | 5.93% | 3.47% |
6 months | 23.47% | 22.20% |
1 year | 25.41% | 30.45% |
5 years (annualized) | 9.80% | 13.16% |
10 years (annualized) | 7.88% | 10.89% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -2.16% | 3.68% | ||||||||||
2023 | -3.34% | -6.05% | -5.57% | 10.00% | 11.18% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for AB Discovery Value Fund (ABYSX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
AB Discovery Value Fund | 1.37 | ||||
S&P 500 | 2.79 |
Dividends
Dividend History
AB Discovery Value Fund granted a 6.34% 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 | 6.34% | 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $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 |
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 | $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.
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 3.53%, 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.