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AllianceBern Value B (ABVBX)

14.16 Up 0.04(0.28%) Aug 20

Profile as of Jul 30, 2014Get Profile for:
AllianceBern Value B
AllianceBernstein L.P.1345 Avenue Of The Americas
Phone: 800-221-5672
Fund Overview 
Category:Large Value
Fund Family:AllianceBernstein
Net Assets:404.35M
Year-to-Date Return:5.19%
Morningstar Rating:2 stars
Fund Inception Date:Mar 29, 2001
Morningstar Style Box 
Large Value
[View Category Definition]
View Top Large Value Funds
About the Morningstar Style Box
Management Information 
Gregory L. Powell
Lead Manager since Mar 1, 2011
Director of Research—US Large Cap Value Equities Greg Powell was appointed Director of Research of US Large Cap Value Equities in 2010. Previously, he was director of research of Equity Hedge Fund Strategies, focusing on the management of the short portfolio in the Global Opportunities Fund, working with the Global Research Team (since 2005). From March 2009 to late 2010, Powell was also the head of Fundamental Value Research, responsible for overseeing the firm’s fundamental research analysts. He joined Bernstein in 1997 as an analyst, supporting the Advanced Value Fund, and was promoted to become the Fund’s director of research in 1999. Prior to Bernstein, Powell was at General Motors, where he was general director for Market Research. He earned a BA in economics and mathematics in 1981 from the University of California, Santa Barbara, and an MA and PhD in economics in 1983 and 1986, respectively, from Northwestern University. Location: New York
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:2,500
Min Initial Investment, AIP:0
Min Subsequent Investment:50
Min Subsequent Investment, IRA:50
Min Subsequent Investment, AIP:50
ABVBX can be purchased from 55 brokerages.

Fund Summary 
The investment seeks long-term growth of capital. The fund invests primarily in a diversified portfolio of equity securities of U.S. companies with relatively large market capitalizations that the Adviser believes are undervalued. It invests in companies that are determined by the Adviser to be undervalued using the fundamental value approach of the Adviser. The fundamental value approach seeks to identify a universe of securities that are considered to be undervalued because they are attractively priced relative to their future earnings power and dividend-paying capability.

Fund Operations 
Last Dividend (Dec 19, 2013) : 0.13
Last Cap Gain : 0.00
Annual Holdings Turnover (Aug 19, 2014) : 55.00%
Average for Category:33.27%
Fees & Expenses 
ExpenseABVBXCategory Avg
Annual Report Expense Ratio (net):1.11%1.13%
Prospectus Net Expense Ratio:1.81%N/A
Prospectus Gross Expense Ratio:1.81%N/A
Max 12b1 Fee:1.00%N/A
Max Front End Sales Load:N/A5.38%
Max Deferred Sales Load: 4.00%2.34%
3 Yr Expense Projection*:769528
5 Yr Expense Projection*:980837
10 Yr Expense Projection*:1,9321,674
* Per $10,000 invested