AB Discovery Value Fund Class K (ABSKX)
AB Discovery Value Fund Class K operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $22.18, down 0.09% on the session, giving a market capitalisation of $2.45B. Its beta of 1.03 implies it has historically moved more than the broad market.
This fund endeavors to achieve substantial long-term capital appreciation. Its primary investment focus is a broad assortment of equity shares issued by U.S. corporations with small to medium market values. Under typical operating conditions, the fund dedicates a minimum of 80% of its net holdings to the securities of these smaller and mid-sized enterprises. For the application of this particular investment mandate, small- to mid-capitalization companies are defined as those entities whose market capitalization, at the moment of investment, falls within a range delineated by the smallest company in the Russell 2500® Value Index at the lower end, and the higher figure between $5 billion or the market capitalization of the largest company in the Russell 2500® Value Index at the upper end.
AB Discovery Value Fund Class K is most often compared with the following Financial Services names: