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AllianceBern Value I (ABVIX)

13.96 Up 0.05(0.36%) Oct 30

Profile as of Sep 29, 2014Get Profile for:
AllianceBern Value I
AllianceBernstein L.P.1345 Avenue Of The AmericasNew York MA 10105
Phone: 800-221-5672
Fund Overview 
Category:Large Value
Fund Family:AllianceBernstein
Net Assets:427.53M
Year-to-Date Return:7.56%
Morningstar Rating:3 stars
Fund Inception Date:Mar 1, 2005
Morningstar Style Box 
Large Value
[View Category Definition]
View Top Large Value Funds
About the Morningstar Style Box
Management Information 
Joseph G. Paul
Lead Manager since Oct 15, 2009
Mr. Paul was appointed Co-CIO of US Large Cap Value Equities, CIO of North American Value Equities and Global Head of Diversified Value Services, responsible for product design research for diversified value services. Previously, he was CIO—Advanced Value Fund (1999-2009), CIO—Small and Mid-Cap Value (2002-2008), and Co-CIO—Real Estate Investments (2004-2008). Additionally, he was the Director of Research for the Advanced Value Fund, a US long/short equity hedge fund, for two years. In this role, he was instrumental in the genesis of the Advanced Value leveraged hedge fund. Mr. Paul joined Bernstein in 1987 as a research analyst covering the automotive industry. He was named to the Institutional Investor All-America Research Team every year from 1991 through 1996. Before joining Bernstein, Mr. Paul worked at General Motors in marketing and product planning.
Investment Information 
Min Initial Investment:2,000,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:0
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
ABVIX can be purchased from 49 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) : 0.18
Last Cap Gain : 0.00
Annual Holdings Turnover (Oct 28, 2014) : 55.00%
Average for Category:34.98%
Fees & Expenses 
ExpenseABVIXCategory Avg
Annual Report Expense Ratio (net):0.68%1.13%
Prospectus Net Expense Ratio:0.68%N/A
Prospectus Gross Expense Ratio:0.68%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.38%
Max Deferred Sales Load: N/A2.33%
3 Yr Expense Projection*:218528
5 Yr Expense Projection*:379836
10 Yr Expense Projection*:8471,673
* Per $10,000 invested