AB Large Cap Growth Advisor Fund (APGYX - Free Report) a Zacks Rank #4 (Sell) was incepted in September 1992 and is managed by Alliance Capital Management. The objective of APGYX is to seek long-term growth of capital by investing in a limited number of large, carefully selected, high quality U.S. companies. APGYX combines in-depth fundamental research on a company-by-company basis with opportunistic trading around core portfolio positions. The management analyzes a universe of 500 large-cap stocks and APGYX's managers distill that list into the 'favored' 25 holdings, which normally comprise approximately two-thirds of the fund.
This Large Blend product, as of the last filing, allocates their fund in two major groups; Large Growth and Small Growth. Further, as of the last filing, Alphabet Inc, Facebook Inc and Visa Inc were the top holdings for APGYX.
The AB Large Cap Growth Advisor fund, managed by AllianceBern, carries an expense ratio of 0.91%. Moreover, APGYX requires a minimal initial investment of $0.
APGYX’s performance, as of the last filing, when compared to funds in its category was in the top 37% over the past 1 year. To see how this fund performed compared in its category of #1 and #2 Ranked Mutual Funds, please click here.
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