ABPBX - AB Conservative Wealth Strategy B

Nasdaq - Nasdaq Delayed Price. Currency in USD

AB Conservative Wealth Strategy B

AllianceBernstein Portfolios1345 Avenue Of The AmericasNew York, NY 10105
Management Information
Vadim J. Zlotnikov,Lead Manager since August 29, 2013
Vadim Zlotnikov is Chief Market Strategist, Co-Head of Multi-Asset Solutions and Chief Investment Officer for Systematic and Index Strategies. As Chief Market Strategist, he provides macro and quantitative research that helps identify thematic investment opportunities. As Co-Head of Multi-Asset Solutions, Zlotnikov manages the development and implementation of integrated investment portfolios for the retirement, institutional and retail markets. As CIO for Systematic and Index Strategies, he is responsible for ensuring that individual products meet investment objectives. Zlotnikov served as CIO of Growth Equities from 2008 to 2010. From 2002 to 2008, he was chief investment strategist, responsible for developing portfolio recommendations for the US market and for separate quantitative analysis and money-management research products. Prior to that, he was an analyst covering the PC and semiconductor industries; he launched the technology strategy product in 1996. Before joining the firm in 1992, Zlotnikov spent six years as a management consultant with Booz Allen Hamilton, where he conducted a broad range of strategic and operational studies for technology companies. He also worked for Amoco Technology Company as a director of electronic ventures and spent two years as a research engineer with AT&T Bell Laboratories. He has been named to the Institutional Investor All-America Research Team in the semiconductor components, strategy and quantitative research categories. Zlotnikov holds a BS and an MS in electrical engineering from the Massachusetts Institute of Technology and an MBA from Stanford University. 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.

Fund Overview

CategoryAllocation--30% to 50% Equity
Fund FamilyAllianceBernstein
Net Assets232M
YTD Return6.98%
Morningstar Rating
Inception DateSep 1, 2003

Fund Operations

Last Dividend0.10
Last Cap Gain0.00
Holdings Turnover86.00%
Average for CategoryN/A

Fees & Expenses

ExpenseABPBXCategory Average
Annual Report Expense Ratio (net)1.76%0.80%
Prospectus Net Expense Ratio2.03%N/A
Prospectus Gross Expense Ratio2.17%N/A
Max 12b1 Fee1.00%N/A
Max Front End Sales LoadN/A4.74%
Max Deferred Sales Load4.00%1.79%
3 Yr Expense Projection866N/A
5 Yr Expense Projection1,152N/A
10 Yr Expense Projection2,294N/A