AB Concentrated Growth Fund (WPSKX)
AB Concentrated Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $54.54, down 0.06% on the session, giving a market capitalisation of $1.08B. Its beta of 1.06 implies it has historically moved more than the broad market.
The AB Concentrated Growth Fund seeks to achieve long-term capital appreciation. Its primary strategy involves investing in common stocks of U.S.-listed companies. The Adviser employs a thorough appraisal method to evaluate the quality and growth potential of each prospective company. This assessment considers various elements, such as a company's track record and future outlook for profit and earnings growth, alongside the precision and accessibility of its corporate information. The fund maintains a highly concentrated portfolio, holding a relatively small number of individual securities, and is thus classified as non-diversified.
AB Concentrated Growth Fund is most often compared with the following Financial Services names: