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AB Select US Long/Short A (ASLAX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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14.07+0.06 (+0.43%)
At close: 08:06AM EDT

AB Select US Long/Short A

New York, NY 10105

1345 Avenue Of The Americas

Alliancebernstein Cap Fund,inc

Management information
Kurt A. Feuerman,Lead manager since 11 December 2012
Kurt Feuerman is Chief Investment Officer of Select Equity Portfolios at AllianceBernstein, focusing primarily on equity securities traded on US exchanges. Prior to joining the firm in June 2011, he was a senior managing director and senior trader with Caxton Associates for more than 12 years, and a managing director for nine years with Morgan Stanley, where his responsibilities included managing part of the firm’s US equity business. Earlier, Feuerman was a managing director with Drexel Burnham Lambert for six years, specializing as a sell-side securities analyst. He began his career in 1982 at The Bank of New York. Feuerman holds a BA in philosophy from McGill University, an MA in philosophy from Syracuse University and an MBA in finance from Columbia 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. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryLong-Short Equity
Fund familyAllianceBernstein
Net assets1.38B
YTD return5.46%
Yield1.10%
Morningstar rating★★★★
Inception date11 Dec 2012

Fund operations

Last dividend0.15
Last cap gain-4.00
Holdings turnover372.00%
Average for categoryN/A

Fees and expenses

ExpenseASLAXCategory average
Annual report expense ratio (net)2.22%1.92%
Prospectus net expense ratio2.22%N/A
Prospectus gross expense ratio2.41%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.33%
Max deferred sales loadN/A1.14%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A