AB Relative Value Fund (CABDX)

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AB Relative Value Fund (CABDX) is up 10.1% since the beginning of the year. CABDX is currently trading at $7 per share. Investors who bought $1,000 worth of CABDX shares 5 years ago would now be looking at an investment worth $1,537.

AB Relative Value Fund (CABDX) has returned 10.08% so far this year and 20.21% over the past 12 months. Over the last ten years, CABDX has returned 11.03% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 2, 1980, CABDX's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 1990 with a return of +24.6%, while the worst month was Oct 2008 at -20.7%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CABDX closed higher 45% of trading days. The best single day was Nov 20, 1989 with a return of +18.9%, while the worst single day was Dec 22, 1987 at -23.1%.

AB Relative Value Fund has an annualized alpha of 3.49%, beta of 0.87, and R2 of 0.68 versus S&P 500 Index. Calculated based on daily prices since January 03, 1980.

• This fund captured 101.11% of S&P 500 Index gains but only 91.70% of its losses - a favorable profile for investors.
• This fund generated an annualized alpha of 3.49% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 0.87 and R2 of 0.68, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

CABDX has an expense ratio of 0.90%, placing it in the medium range.

CABDX ranks 54 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for AB Relative Value Fund (CABDX) and compare them to S&P 500 Index.

AB Relative Value Fund provided a 5.50% dividend yield over the last twelve months, with an annual payout of $0.39 per share.

The table displays the monthly dividend distributions for AB Relative Value 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 Relative Value 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 Relative Value Fund was 57.40%, occurring on Nov 20, 2008. Recovery took 1045 trading sessions.

The current AB Relative Value Fund drawdown is 0.98%.

The chart below shows the rolling one-month volatility.