AB Sustainable Global Thematic Fund (ALTFX)

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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.

AB Sustainable Global Thematic Fund (ALTFX) has returned -10.89% so far this year and 1.12% over the past 12 months. Over the last ten years, ALTFX has returned 9.62% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 16, 1996, ALTFX's average daily return is +0.04%, while the average monthly return is +0.77%. At this rate, your investment would double in approximately 7.5 years.

Historically, 57% of months were positive and 43% were negative. The best month was Dec 1998 with a return of +21.4%, while the worst month was Nov 2000 at -23.3%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ALTFX closed higher 54% of trading days. The best single day was Jan 3, 2001 with a return of +13.4%, while the worst single day was Mar 16, 2020 at -10.4%.

AB Sustainable Global Thematic Fund has an annualized alpha of -1.32%, beta of 1.14, and R² of 0.73 versus S&P 500 Index. Calculated based on daily prices since January 17, 1996.

• This fund participated in 128.35% of S&P 500 Index downside but only 127.20% of its upside — more exposed to losses than it benefited from rallies.
• With beta of 1.14 and R² of 0.73, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

ALTFX has a high expense ratio of 1.02%, indicating above-average management fees.

ALTFX ranks 5 for risk / return — in the bottom 5% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

The table below present risk-adjusted performance metrics for AB Sustainable Global Thematic Fund (ALTFX) and compare them to a chosen benchmark (S&P 500 Index).

AB Sustainable Global Thematic Fund provided a 15.18% dividend yield over the last twelve months, with an annual payout of $18.14 per share. The fund has been increasing its distributions for 2 consecutive years.

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.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the AB Sustainable Global Thematic 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 Sustainable Global Thematic Fund was 80.01%, occurring on Oct 9, 2002. Recovery took 4369 trading sessions.

The current AB Sustainable Global Thematic Fund drawdown is 16.56%.

The chart below shows the rolling one-month volatility.