AB Growth and Income A (CABDX - MF report) a Zacks Rank #1 (Strong Buy) invests in dividend-paying common stocks of good quality. The fund may also invest in fixed-income and convertible securities.
This Large Blend fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth and Small Growth. Further, as of the last filing, JPMORGAN CHASE & CO, PFIZER INC and WELLS FARGO & CO were the top holdings for CABDX.
The AB Growth and Income A fund, managed by AllianceBern, carries an expense ratio of 0.93%. Moreover, CABDX requires a minimal initial investment of $2,500.
CABDX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 9.38%, 3 year 9.28% and 5 year 13.83%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
CABDX’s performance, as of the last filing, when compared to funds in its category was in the top 46% in 1 year, top 51% over the past 3 years, and in the 19% over the past 5 years.
Want key mutual fund info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>