AB Discovery Value Fund Class R (ABSRX)
AB Discovery Value Fund Class R operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $21.58, 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 significant long-term capital appreciation. Its portfolio predominantly comprises a diverse array of common stocks issued by small and mid-sized American enterprises. Ordinarily, a minimum of 80% of its total net assets are dedicated to such small and mid-cap company shares. For the purpose of this investment approach, a small- to mid-capitalization company is defined by its market value at the time of acquisition. This valuation must fall within a range bounded by the smallest company in the Russell 2500® Value Index, and extending up to the greater of $5 billion or the market capitalization of the largest company within that same index.
AB Discovery Value Fund Class R is most often compared with the following Financial Services names: