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Sanford C. Bernstein Fund, Inc. - AB Tax-Managed International Portfolio (ABXAX)

17.97 +0.12 (+0.67%)
At close: December 14 at 8:00 PM EST

Fund Summary

The fund invests primarily in equity securities of issuers in countries that make up the Morgan Stanley Capital International ("MSCI") EAFE Index (Europe, Australasia and the Far East) and Canada. The fund's investment manager diversifies the fund among many foreign countries, but not necessarily in the same proportion that the countries are represented in the MSCI EAFE Index. Under normal circumstances, the Manager invests in companies located in at least three countries other than the United States and expects to have exposure to issuers in several different countries.

Sanford C. Bernstein Fund, Inc. - AB Tax-Managed International Portfolio

Bernstein Sanford C Fund Inc
1345 Avenue of the Americas
800-227-4618

Fund Overview

Category Foreign Large Blend
Fund Family AllianceBernstein
Net Assets 2.4B
YTD Return 2.59%
Yield 1.82%
Morningstar Rating
Inception Date Jan 30, 2004

Fund Operations

Last Dividend 0.10
Last Cap Gain 0.00
Holdings Turnover 38.00%
Average for Category --

Fees & Expenses

Expense ABXAX Category Average
Annual Report Expense Ratio (net) 1.21% 0.92%
Prospectus Net Expense Ratio 1.21% --
Prospectus Gross Expense Ratio 1.21% --
Max 12b1 Fee 0.25% --
Max Front End Sales Load 4.25% 5.28%
Max Deferred Sales Load -- 1.46%
3 Yr Expense Projection 793 --
5 Yr Expense Projection 1,062 --
10 Yr Expense Projection 1,829 --

Management Information

Kent Charles Hargis, Lead Manager since January 31, 2013
Senior Vice President and Portfolio Manager of AllianceBernstein L.P. since prior to 2014. Head—Blend Strategies since 2017 and Head of Quantitative Research—Equities since prior to 2014. Nelson Yu was appointed Head of Blend Strategies in early 2017. He is also a Portfolio Manager and Head of Quantitative Research for Equities, with responsibility for overseeing the research and application of risk and return models across the firm’s equity portfolios. In addition, Yu manages the currency overlay strategy across equity portfolios and is an advisory member of the Global Value, Emerging Markets Value and Strategic Core portfolios. He joined the firm in 1997 as a programmer and analyst, and served as deputy head of Value Equities Quantitative Research from 2009 until 2014. Yu was previously a supervising consultant at Grant Thornton. He holds a BSE in systems engineering and a BS in economics from the University of Pennsylvania, and is a CFA charterholder. Location: New York

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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