AB Large Cap Growth Fund Class K (ALCKX)
AB Large Cap Growth 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 $90.69, up 0.74% on the session, giving a market capitalisation of $12.46B. Its beta of 1.07 implies it has historically moved more than the broad market.
The primary objective of this fund is to achieve substantial capital appreciation over the long term. It predominantly allocates its assets to a concentrated portfolio of high-caliber, carefully chosen U.S. companies with significant market valuations. The fund's Adviser selects these domestic equity holdings based on their promising growth potential across various industries. A strong emphasis is placed on investing in large, well-established corporations. Under typical market conditions, a minimum of 80% of the fund's net assets will be committed to common shares of large-capitalization entities. The fund also retains the flexibility to invest in exchange-traded funds as an alternative to direct security purchases.
AB Large Cap Growth Fund Class K is most often compared with the following Financial Services names: