AllianceBern Discovery Value I
AllianceBernstein L.P.1345 Avenue Of The Americas
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Phone: 800-221-5672
| Category: | Mid-Cap Value | | Fund Family: | AllianceBernstein | | Net Assets: | 1.82B | | Year-to-Date Return: | 9.12% | | Yield: | 0.65% | | Morningstar Rating: |  | | Fund Inception Date: | Feb 28, 2005 |
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Joseph G. Paul
Lead Manager since Nov 29, 2002 | | | 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 CIOâAdvanced Value Fund (1999-2009), CIOâSmall and Mid-Cap Value (2002-2008), and Co-CIOâReal 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. |
| 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 |
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| The investment seeks long-term growth of capital.
The fund invests at least 80% of its net assets in a diversified portfolio of equity securities of small- to mid-capitalization U.S. companies, generally representing 60 to 125 companies. It may enter into derivatives transactions. The fund may use options strategies involving the purchase and/or writing of various combinations of call and/or put options. It may, at times, invest in shares of ETFs in lieu of making direct investments in equity securities. |
| Last Dividend
(Dec 19, 2012)
:
| 0.13 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 19, 2013)
:
| 63.00% | | Average for Category: | 57.57% |
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| Expense | ABSIX | Category Avg |
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| Annual Report Expense Ratio (net): | 0.89% | 1.26% | | Prospectus Net Expense Ratio: | 0.90% | N/A | | Prospectus Gross Expense Ratio: | 0.90% | N/A | | Max 12b1 Fee: | N/A | N/A | | Max Front End Sales Load: | N/A | 5.42% | | Max Deferred Sales Load:
| N/A | 2.20% | | 3 Yr Expense Projection*: | 287 | 620 | | 5 Yr Expense Projection*: | 498 | 957 | | 10 Yr Expense Projection*: | 1,108 | 1,915 |
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0.05(0.25%) May 24