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.
Share Price Chart
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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.
Compare to other instruments
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.
| Period | Return | Benchmark |
|---|---|---|
| 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 11.06% | -2.18% | ||||||||||
| 2022 | -9.58% | 10.15% | 3.86% | -4.81% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 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 | — | — | — |
| -22.55% | Apr 26, 2010 | 50 | Jul 6, 2010 | 111 | Dec 10, 2010 | 161 |
| -21.85% | Jun 24, 2015 | 161 | Feb 11, 2016 | 128 | Aug 15, 2016 | 289 |
| -16.77% | Aug 17, 2001 | 21 | Sep 21, 2001 | 51 | Dec 4, 2001 | 72 |
| -13.2% | Jul 7, 2014 | 70 | Oct 13, 2014 | 51 | Dec 24, 2014 | 121 |
| -12.37% | Dec 19, 2005 | 1 | Dec 19, 2005 | 233 | Nov 22, 2006 | 234 |
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.