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.
Fund Info
| ISIN | US01879K1016 |
|---|---|
| CUSIP | 01879K101 |
| Issuer | AllianceBernstein |
| Inception Date | Dec 22, 1999 |
| Category | Large Cap Blend Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
ADGAX has a high expense ratio of 1.09%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: ADGAX vs. AEF
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AB Core Opportunities 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 Core Opportunities Fund had a return of 13.81% year-to-date (YTD) and 21.73% in the last 12 months. Over the past 10 years, AB Core Opportunities Fund had an annualized return of 11.53%, outperforming the S&P 500 benchmark which had an annualized return of 10.58%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.81% | 13.20% |
| 1 month | -1.55% | -1.28% |
| 6 months | 10.34% | 10.32% |
| 1 year | 21.73% | 18.23% |
| 5 years (annualized) | 11.96% | 12.31% |
| 10 years (annualized) | 11.53% | 10.58% |
Monthly Returns
The table below presents the monthly returns of ADGAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.52% | 6.38% | 3.38% | -5.20% | 5.26% | 2.54% | 13.81% | ||||||
| 2023 | 5.59% | -2.65% | 1.90% | 1.49% | -1.42% | 5.65% | 2.72% | -0.69% | -3.96% | -1.18% | 7.97% | 4.47% | 20.93% |
| 2022 | -5.62% | -3.03% | 1.02% | -7.24% | 0.84% | -7.98% | 9.69% | -4.64% | -7.47% | 9.13% | 5.93% | -5.36% | -15.73% |
| 2021 | -0.73% | 1.89% | 5.15% | 5.50% | 1.22% | 1.37% | 3.05% | 2.04% | -5.92% | 5.05% | -1.34% | 5.34% | 24.34% |
| 2020 | -1.78% | -6.50% | -12.49% | 13.54% | 4.72% | -0.26% | 4.52% | 4.37% | -3.57% | -1.53% | 10.82% | 3.27% | 12.97% |
| 2019 | 7.72% | 2.70% | -0.27% | 3.50% | -5.15% | 5.87% | 1.09% | -1.90% | 1.78% | 3.95% | 4.10% | 1.36% | 26.94% |
| 2018 | 4.89% | -3.81% | -1.81% | 1.25% | 1.18% | 0.73% | 5.26% | 2.25% | 0.36% | -6.03% | 2.62% | -8.79% | -2.89% |
| 2017 | 2.34% | 3.14% | 0.00% | 1.96% | 0.66% | 1.09% | 2.09% | 0.83% | 3.00% | 1.36% | 3.42% | 0.62% | 22.46% |
| 2016 | -4.32% | -0.65% | 4.07% | 0.40% | 2.09% | -2.05% | 3.39% | 1.15% | 0.38% | -1.40% | 3.88% | 1.12% | 7.99% |
| 2015 | -1.43% | 5.20% | -0.58% | -1.45% | 2.06% | -1.01% | 3.01% | -5.48% | -1.77% | 7.47% | 0.31% | -0.53% | 5.29% |
| 2014 | -3.17% | 4.55% | -0.85% | 0.16% | 2.72% | 1.14% | -0.36% | 3.56% | -1.44% | 2.93% | 2.80% | 0.44% | 12.89% |
| 2013 | 5.65% | 1.49% | 3.40% | 0.39% | 3.21% | -1.49% | 5.82% | -2.21% | 4.28% | 3.11% | 3.24% | 2.53% | 33.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ADGAX is 87, placing it in the top 13% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AB Core Opportunities Fund (ADGAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AB Core Opportunities Fund granted a 4.12% dividend yield in the last twelve months. The annual payout for that period amounted to $0.97 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.97 | $0.97 | $1.92 | $3.71 | $0.93 | $1.14 | $2.97 | $2.24 | $0.87 | $1.28 | $2.84 |
Dividend yield | 4.12% | 4.69% | 10.73% | 15.80% | 4.24% | 5.63% | 17.66% | 11.05% | 4.72% | 7.20% | 15.69% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $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 | $0.97 | $0.97 |
| 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 | $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 | $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 | $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 | $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 | $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 | $2.24 |
| 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 | $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 | $1.28 |
| 2014 | $2.84 | $2.84 |
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 Core Opportunities 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 Core Opportunities Fund was 53.65%, occurring on Nov 20, 2008. Recovery took 832 trading sessions.
The current AB Core Opportunities Fund drawdown is 4.40%.
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 | 378 | Dec 18, 2023 | 495 |
| -17.63% | Feb 6, 2001 | 41 | Apr 4, 2001 | 10 | Apr 19, 2001 | 51 |
Volatility
Volatility Chart
The current AB Core Opportunities Fund volatility is 3.63%, 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.