AB Core Opportunities Fund (ADGAX)
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.
Compare to other instruments
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%.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -2.54% | -1.87% |
| Year-To-Date | 2.96% | 4.25% |
| 6 months | 5.96% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 5.59% | -2.65% | ||||||||||
| 2022 | -7.47% | 9.13% | 5.93% | -5.36% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| 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 | $1.92 |
| 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.
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, 2007 | 239 | Nov 20, 2008 | 832 | Mar 13, 2012 | 1071 |
| -41.52% | May 22, 2001 | 344 | Oct 9, 2002 | 539 | Dec 1, 2004 | 883 |
| -31.1% | Feb 20, 2020 | 23 | Mar 23, 2020 | 108 | Aug 25, 2020 | 131 |
| -24.23% | Dec 30, 2021 | 117 | Jun 16, 2022 | — | — | — |
| -17.63% | Feb 6, 2001 | 41 | Apr 4, 2001 | 10 | Apr 19, 2001 | 51 |
| -17.52% | Sep 24, 2018 | 64 | Dec 24, 2018 | 84 | Apr 26, 2019 | 148 |
| -12.01% | Dec 7, 2015 | 46 | Feb 11, 2016 | 106 | Jul 14, 2016 | 152 |
| -9.96% | Apr 3, 2012 | 42 | Jun 1, 2012 | 53 | Aug 17, 2012 | 95 |
| -9.62% | Jul 21, 2015 | 26 | Aug 25, 2015 | 45 | Oct 28, 2015 | 71 |
| -9% | Jan 29, 2018 | 44 | Apr 2, 2018 | 75 | Jul 18, 2018 | 119 |
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.