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AB Core Opportunities Fund (ADGAX)

Mutual Fund · Currency in USD · Last updated Mar 22, 2023

The investment seeks long-term growth of capital. The fund invests primarily in the equity securities of U.S. companies that the Adviser believes are attractively valued. The Adviser relies primarily upon the fundamental analysis and research of its dedicated investment team for the fund in conducting research and making investment decisions. The team initially screens a primary research universe of largely U.S. companies for attractive security valuation and business models. Once appropriate candidates have been identified for further analysis, the team conducts fundamental research to better understand the economics of the company's business model.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in AB Core Opportunities Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $50,191 for a total return of roughly 401.91%. All prices are adjusted for splits and dividends.


150.00%200.00%250.00%300.00%350.00%400.00%NovemberDecember2023FebruaryMarch
401.91%
187.89%
ADGAX (AB Core Opportunities Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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AB Core Opportunities Fund

Popular comparisons: ADGAX vs. AEF

Return

AB Core Opportunities Fund had a return of 2.96% year-to-date (YTD) and -6.76% in the last 12 months. Over the past 10 years, AB Core Opportunities Fund had an annualized return of 11.11%, outperforming the S&P 500 benchmark which had an annualized return of 9.92%.


PeriodReturnBenchmark
1 month-2.54%-1.87%
Year-To-Date2.96%4.25%
6 months5.96%2.64%
1 year-6.76%-10.31%
5 years (annualized)8.26%8.11%
10 years (annualized)11.11%9.92%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20235.59%-2.65%
2022-7.47%9.13%5.93%-5.36%

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 Core Opportunities Fund Sharpe ratio is -0.30. 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
-0.30
-0.44
ADGAX (AB Core Opportunities Fund)
Benchmark (^GSPC)

Dividend History

AB Core Opportunities Fund granted a 10.42% dividend yield in the last twelve months. The annual payout for that period amounted to $1.92 per share.


PeriodTTM202220212020201920182017201620152014
Dividend$1.92$1.92$3.71$0.93$1.14$2.97$2.24$0.87$1.28$2.84

Dividend yield

10.42%10.73%17.46%5.43%7.53%24.96%18.24%8.65%13.83%32.29%

Monthly Dividends

The table displays the monthly dividend distributions for AB Core Opportunities 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$1.92
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.71
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.93
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.14
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.97
2017$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$2.22
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.87
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.28
2014$2.84

Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-13.89%
-16.55%
ADGAX (AB Core Opportunities Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the AB Core Opportunities 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 Core Opportunities Fund is 53.65%, recorded on Nov 20, 2008. It took 832 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-53.65%Dec 11, 2007239Nov 20, 2008832Mar 13, 20121071
-41.52%May 22, 2001344Oct 9, 2002539Dec 1, 2004883
-31.1%Feb 20, 202023Mar 23, 2020108Aug 25, 2020131
-24.23%Dec 30, 2021117Jun 16, 2022
-17.63%Feb 6, 200141Apr 4, 200110Apr 19, 200151
-17.52%Sep 24, 201864Dec 24, 201884Apr 26, 2019148
-12.01%Dec 7, 201546Feb 11, 2016106Jul 14, 2016152
-9.96%Apr 3, 201242Jun 1, 201253Aug 17, 201295
-9.62%Jul 21, 201526Aug 25, 201545Oct 28, 201571
-9%Jan 29, 201844Apr 2, 201875Jul 18, 2018119

Volatility Chart

Current AB Core Opportunities Fund volatility is 22.20%. 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%15.00%20.00%25.00%30.00%35.00%NovemberDecember2023FebruaryMarch
22.20%
22.09%
ADGAX (AB Core Opportunities Fund)
Benchmark (^GSPC)