AB Large Cap Growth Fund, Inc. - Class K
AB Large Cap Growth Fund, Inc. - Class K (ALCKX)
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.
ALCKX Mutual Fund Chart & Stats
- Previous Close
- $90.69
- Sub-Category
- Large Cap
- Total Liabilities
- $78.55M
- Last Dividend Ex-Date
- Dec 10, 2024
- Expense Ratio
- 0.92%
- Holding Count
- 57
- Brand
- Ab Large Cap Growth Fund Inc
- Dividend Yield
- (7.87%)
- Category
- Equity
- Total Assets
- 24.84B
- Shares Outstanding
- N/A
- 52-Week Range
- $90.69 - $90.69
ALCKX Mutual Fund News
Buy Nvidia Stock ‘With Both Hands,’ Says Analyst as Valuation Drops to ‘Stupid’ Levels
Nvidia ($NVDA) stock fell 4.3% on Thursday, closing at $166.19, following CEO Jensen Huang’s resignation. However, Freedom Capital’s analyst Paul Meeks urged investors to buy Nvidia stock “with both hands,”
ALCKX Mutual Fund Smart Score
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