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Morningstar

AB Select US Long/Short A ASLAX

Morningstar Medalist Rating
Medalist Rating as of | See AllianceBernstein Investment Hub
  • NAV / 1-Day Return 13.67  /  0.00
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    1.890%
  • Expense Ratio 1.960%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Long-Short Equity
  • Investment Style Large Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 1.07%
  • Turnover 372%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0

Morningstar’s Analysis ASLAX

Will ASLAX outperform in 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 ASLAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ASLAX 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 ASLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A somewhat unusual long-short strategy.

Director Natalia Wolfstetter

Natalia Wolfstetter

Director

Summary

AB Select U.S. Long/Short fund’s lead portfolio manager has a wealth of experience, but the uncertainties associated with tactical net exposure management and significant key-person risk result in People and Process Pillar ratings of Average.

by Natalia Wolfstetter
Rated on Published on

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Portfolio Holdings ASLAX

More ASLAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
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