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AB Sustainable Global Thematic Fund (ALTFX)

Mutual Fund · Currency in USD · Last updated May 27, 2023

The investment seeks long-term growth of capital. The fund pursues opportunistic growth by investing in a global universe of companies whose business activities the Adviser believes position the company to benefit from certain sustainable investment themes that align with one or more of the United Nations Sustainable Development Goals SDGs. The Adviser employs a combination of "top-down" and "bottom-up" investment processes with the goal of identifying securities of companies worldwide, that fit into sustainable investment themes.

Fund Info

ISINUS0187801065
CUSIP018780106
IssuerAllianceBernstein
Inception DateFeb 28, 1982
CategoryGlobal Equities
Minimum Investment$2,500
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

The AB Sustainable Global Thematic Fund has a high expense ratio of 1.02%, indicating higher-than-average management fees.


1.02%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in AB Sustainable Global Thematic Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


2,200.00%2,400.00%2,600.00%2,800.00%3,000.00%December2023FebruaryMarchAprilMay
2,864.02%
2,501.84%
ALTFX (AB Sustainable Global Thematic Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ALTFX

Return

AB Sustainable Global Thematic Fund had a return of 5.10% year-to-date (YTD) and -2.13% in the last 12 months. Over the past 10 years, AB Sustainable Global Thematic Fund had an annualized return of 10.21%, while the S&P 500 benchmark had an annualized return of 9.87%, indicating that AB Sustainable Global Thematic Fund performed slightly bigger than the benchmark.


PeriodReturnBenchmark
1 month1.35%0.86%
Year-To-Date5.10%9.53%
6 months1.81%4.45%
1 year-2.13%1.14%
5 years (annualized)8.67%9.43%
10 years (annualized)10.21%9.87%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20236.38%-3.19%2.56%-1.82%
20225.01%9.90%-4.34%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for AB Sustainable Global Thematic Fund (ALTFX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ALTFX
AB Sustainable Global Thematic Fund
0.11
^GSPC
S&P 500
0.27

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 Sustainable Global Thematic Fund Sharpe ratio is 0.11. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.00December2023FebruaryMarchAprilMay
0.11
0.27
ALTFX (AB Sustainable Global Thematic Fund)
Benchmark (^GSPC)

Dividend History

AB Sustainable Global Thematic Fund granted a 2.48% dividend yield in the last twelve months. The annual payout for that period amounted to $3.28 per share.


PeriodTTM2022202120202019201820172016
Dividend$3.28$3.28$17.69$11.52$3.69$8.18$0.00$3.47

Dividend yield

2.48%2.61%10.25%8.18%3.66%10.49%0.00%5.50%

Monthly Dividends

The table displays the monthly dividend distributions for AB Sustainable Global Thematic 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$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$3.28
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$17.69
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$11.52
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.69
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$8.18
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2016$3.47

Drawdowns Chart

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


-30.00%-25.00%-20.00%-15.00%December2023FebruaryMarchAprilMay
-24.58%
-12.32%
ALTFX (AB Sustainable Global Thematic Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the AB Sustainable Global Thematic 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 Sustainable Global Thematic Fund is 80.01%, recorded on Oct 9, 2002. It took 4462 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-80.01%Mar 28, 2000636Oct 9, 20024462Jul 6, 20205098
-49.18%Oct 6, 198715Oct 26, 1987686Jul 12, 1990701
-43.3%Jun 27, 1983273Jul 24, 1984621Jan 7, 1987894
-39.9%Jul 17, 199062Oct 11, 199099Mar 5, 1991161
-35.87%Nov 18, 2021227Oct 14, 2022

Volatility Chart

The current AB Sustainable Global Thematic Fund volatility is 3.42%, 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.


2.00%4.00%6.00%8.00%10.00%December2023FebruaryMarchAprilMay
3.42%
3.82%
ALTFX (AB Sustainable Global Thematic Fund)
Benchmark (^GSPC)