Morningstar

AB Sustainable Global Thematic Fund Class A ALTFX

Morningstar Medalist Rating
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Medalist Rating as of See AllianceBernstein Investment Hub
  • NAV / 1-Day Return $137.86  /  +0.58 %
  • Fund Size $1.2B
  • Adjusted Expense Ratio 1.030%
  • Net Expense Ratio 1.030%
  • Fee Level: Distribution Below Average
  • Share Class Type Front Load
  • Morningstar Category Global Large-Stock Growth
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 0.00%
  • Turnover Ratio 93%
NAV and 1-Day Return as of

Morningstar’s Analysis ALTFX

Will ALTFX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ALTFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ALTFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ALTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Under review following a leadership overhaul.

Analyst Margaret Giles

Margaret Giles

Analyst

Summary

AB Sustainable Global Thematic has been placed under review following the departure of its lead manager and the restructuring of the supporting analyst team. The strategy previously carried an Average People rating and an Average Process rating.

by Margaret Giles
Rated on Published on

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Portfolio Holdings ALTFX

More ALTFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

6.80 87M
Technology

Alphabet Inc Class A

5.10 65M
Communication Services

Apple Inc

4.03 51M
Technology

Taiwan Semiconductor Manufacturing Co Ltd

3.76 48M
Technology

Visa Inc Class A

3.12 40M
Financial Services

AB Government Money Market A

3.02 38M
Cash and Equivalents

Merck & Co Inc

2.58 33M
Healthcare

Johnson & Johnson

2.36 30M
Healthcare

Sanofi SA

2.34 30M
Healthcare

Bank of New York Mellon Corp

2.33 30M
Financial Services

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