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15 important things you should know about AllianceBernstein AWAAX mutual fund

Updated: September 19, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • 15-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for AWAAX “stock” price, you can quickly find it out by visiting Finny and typing "AWAAX quote". If you’re looking for a quick scoop on AWAAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AWAAX". You’ll get all this info in one place.

Are you looking to buy or sell AWAAX? Or perhaps you’re looking for AWAAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this AWAAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: AWAAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: AWAAX buy or sell; the pros and cons of investing in AWAAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to AWAAX.

And here is the list of questions we’ll answer:

  1. Describe AB Portfolios: AB Wealth Appreciation Strategy; Class A Shares (AWAAX).
  2. What are AWAAX holdings?
  3. What is AWAAX performance? What are AWAAX historical returns?
  4. How many up and down years did AWAAX have historically?
  5. What is AWAAX dividend yield?
  6. What is AWAAX minimum initial investment amount?
  7. What is AWAAX expense ratio?
  8. Does AWAAX have any sales loads or 12b-1 distribution expenses?
  9. What is AWAAX tax efficiency (tax-cost ratio)?
  10. What is AWAAX beta? How would you assess AWAAX risk?
  11. What is AWAAX Sharpe ratio?
  12. What is AWAAX Finny Score? AWAAX buy or sell?
  13. What are the pros of investing in AWAAX? What are AWAAX buy reasons?
  14. What are the cons of investing in AWAAX? What are AWAAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe AB Portfolios: AB Wealth Appreciation Strategy; Class A Shares (AWAAX).

The Fund seeks long-term growth of capital. The Fund invests in equity securities, either directly or through underlying investment companies advised by the Adviser. Most of the Funds assets are invested in U.S. large-cap equity securities, primarily common stocks, in accordance with the Advisers investment strategy.

2. What are AWAAX top holdings?

AWAAX has 1,202 stock holdings and 2 bond holdings.

The top 10 holdings represent 18.71% of total assets. Here are the top holdings:

Name Symbol % Assets
Microsoft Corp MSFT 3.69%
Alphabet Inc Class C GOOG 2.85%
Facebook Inc A FB 2.14%
Apple Inc AAPL 2.13%
Amazon.com Inc AMZN 1.56%
Visa Inc Class A V 1.56%
UnitedHealth Group Inc UNH 1.53%
The Home Depot Inc HD 1.12%
Roche Holding AG Dividend Right Cert. ROG 1.08%
Comcast Corp Class A CMCSA 1.05%

3. What is AWAAX performance? What are AWAAX historical returns?

AWAAX has generated the following returns:

  • 1-month return is 2.07%;
  • 3-month return is 8.10%;
  • 1-year return is 10.29%;
  • 3-year return is 6.88%;
  • 5-year return is 8.47%;
  • 10-year return is 8.15%;
  • 15-year return is 5.15%.

4. How many up and down years did AWAAX have historically?

In the last 10 years, AWAAX had 7 up years and 3 down years. See Performances

5. What is AWAAX dividend yield?

AWAAX yield is 1.14%.

6. What is AWAAX minimum initial investment amount?

AWAAX minimum initial investment amount is N/A.

7. What is AWAAX expense ratio?

AWAAX expense ratio is 1.04%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses. See Expenses

8. Does AWAAX have any sales loads or 12b-1 distribution expenses?

AWAAX 12b-1 distribution fee is 0.25. AWAAX front-end sales load is 4.25. AWAAX back-end sales load is 0.

9. What is AWAAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 1.08%;
  • 3-year ax cost ratio is 1.5%.

See Taxes

10. What is AWAAX beta? How would you assess AWAAX risk?

  • 3-year beta is 0.97;
  • 5-year beta is 0.89;
  • 10-year beta is 0.87.

See Risks

11. What is AWAAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.28;
  • 5-year Sharpe ratio is 0.32;
  • 10-year Sharpe ratio is 0.59.

See Risks

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 7 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in AWAAX? What are AWAAX buy reasons?

We don't see any strong reasons to buy AWAAX.

14. What are the cons of investing in AWAAX? What are AWAAX negatives?

The following are AWAAX weaknesses from our perspective:

  • <strong>AWAAX net assets</strong> are $379.40 million. This fund is not a popular choice with retail investors.
  • <strong>AWAAX 3-year return</strong> is 6.88%, which is lower than the 3-year return of the benchmark index (MSCI ACWI NR USD), 8.25%.
  • <strong>AWAAX 5-year return</strong> is 8.47%, which is lower than the 5-year return of the benchmark index (MSCI ACWI NR USD), 10.5%.
  • <strong>AWAAX 10-year return</strong> is 8.15%, which is lower than the 10-year return of the benchmark index (MSCI ACWI NR USD), 9.28%.
  • <strong>AWAAX 15-year return</strong> is 5.15%, which is lower than the 15-year return of the benchmark index (MSCI ACWI NR USD), 6.61%.
  • <strong>AWAAX expense ratio</strong> is 1.04%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 4.25%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the AWAAX review, we covered AWAAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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