AB Concentrated Growth Fund (WPSGX)
The Adviser seeks to achieve the fund's investment objective of long-term growth of capital by investing primarily in common stocks of listed U.S. companies. The Adviser employs an appraisal method that attempts to measure each prospective company's quality and growth rate by numerous factors. Such factors include: a company's record and projections of profit and earnings growth, accuracy and availability of information with respect to the company. The fund invests in a relatively small number of individual stocks. It is non-diversified.
Fund Info
US01878T8484
Feb 28, 1994
$0
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AB Concentrated Growth 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 Concentrated Growth Fund had a return of 13.73% year-to-date (YTD) and 22.03% in the last 12 months. Over the past 10 years, AB Concentrated Growth Fund had an annualized return of 7.80%, while the S&P 500 had an annualized return of 11.10%, indicating that AB Concentrated Growth Fund did not perform as well as the benchmark.
WPSGX
13.73%
-1.22%
6.71%
22.03%
7.11%
7.80%
^GSPC (Benchmark)
23.56%
0.49%
11.03%
30.56%
13.70%
11.10%
Monthly Returns
The table below presents the monthly returns of WPSGX, 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 | -0.38% | 6.42% | 1.54% | -5.76% | 3.09% | 2.01% | 1.44% | 2.66% | 2.48% | -2.80% | 13.73% | ||
| 2023 | 6.17% | -3.32% | 1.55% | -0.13% | -1.14% | 7.35% | 2.88% | -0.30% | -6.39% | -2.56% | 9.61% | 4.76% | 18.70% |
| 2022 | -8.10% | -6.21% | 1.27% | -7.96% | -0.12% | -8.56% | 9.91% | -5.37% | -9.68% | 6.07% | 7.65% | -6.01% | -26.03% |
| 2021 | -1.69% | 5.05% | 2.97% | 7.11% | -0.74% | 3.47% | 3.64% | 2.11% | -5.68% | 6.95% | -0.76% | -4.16% | 18.77% |
| 2020 | 0.71% | -7.13% | -14.04% | 15.81% | 5.86% | -0.89% | 4.24% | 7.55% | -1.53% | -2.18% | 11.33% | -0.41% | 16.97% |
| 2019 | 10.52% | 3.55% | 3.75% | 5.11% | -5.94% | 8.54% | 2.22% | -3.25% | 1.78% | 1.77% | 4.41% | -0.82% | 35.18% |
| 2018 | 5.58% | -3.11% | -0.40% | 1.18% | 2.93% | -0.89% | 4.13% | 3.91% | 1.83% | -5.75% | 1.56% | -15.00% | -5.72% |
| 2017 | 3.00% | 3.49% | 1.83% | 2.28% | 3.39% | 0.00% | 1.19% | -0.00% | 2.04% | 0.41% | 3.22% | -3.27% | 18.84% |
| 2016 | -8.49% | 0.20% | 6.62% | -0.94% | 0.98% | -2.06% | 6.91% | 0.68% | 0.75% | -2.54% | 3.32% | 0.28% | 4.90% |
| 2015 | -4.36% | 6.94% | -0.67% | -0.35% | 2.42% | -0.24% | 2.75% | -5.63% | -2.70% | 5.06% | 0.39% | -4.27% | -1.48% |
| 2014 | -5.62% | 2.05% | -0.76% | 1.58% | 1.24% | 3.63% | -2.02% | 5.24% | -1.59% | 2.85% | 4.30% | -3.04% | 7.52% |
| 2013 | 4.92% | 2.77% | 3.68% | 1.66% | 1.95% | -0.87% | 6.12% | -2.65% | 3.07% | 3.11% | 5.20% | 2.83% | 36.44% |
Expense Ratio
WPSGX features an expense ratio of 0.75%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of WPSGX is 45, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AB Concentrated Growth Fund (WPSGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AB Concentrated Growth Fund provided a 0.31% dividend yield over the last twelve months, with an annual payout of $0.19 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.19 | $0.19 | $0.00 | $0.06 |
Dividend yield | 0.31% | 0.36% | 0.00% | 0.10% |
Monthly Dividends
The table displays the monthly dividend distributions for AB Concentrated Growth 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 | $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 | $0.19 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.06 | $0.06 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the AB Concentrated Growth 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 Concentrated Growth Fund was 64.30%, occurring on Mar 9, 2009. Recovery took 1182 trading sessions.
The current AB Concentrated Growth Fund drawdown is 8.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -64.3% | Jul 12, 2000 | 2170 | Mar 9, 2009 | 1182 | Nov 15, 2013 | 3352 |
| -37.62% | Nov 19, 2021 | 227 | Oct 14, 2022 | — | — | — |
| -36.22% | Feb 20, 2020 | 23 | Mar 23, 2020 | 108 | Aug 25, 2020 | 131 |
| -24.23% | Oct 4, 2018 | 56 | Dec 24, 2018 | 81 | Apr 23, 2019 | 137 |
| -21.68% | Aug 11, 2015 | 128 | Feb 11, 2016 | 251 | Feb 9, 2017 | 379 |
Volatility
Volatility Chart
The current AB Concentrated Growth Fund volatility is 4.57%, 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.