AB Large Cap Growth Fund Class I
ALLIX
NASDAQ115.21
USD
-0.45
- -
AB Large Cap Growth Fund Class I
ALLIX
(NASDAQ)
Recent
price
115.21
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- AB Large Cap Growth Fund Class I (ALLIX) is an open-end mutual fund managed by AllianceBernstein L.P., focusing on long-term capital appreciation through investments primarily in equity securities of large-capitalization growth companies. The fund invests in a diversified portfolio of common stocks, preferred stocks, and convertible securities issued by U.S. companies with market capitalizations typically above $10 billion; it emphasizes sectors such as technology, consumer discretionary, healthcare, and communication services, employing a bottom-up fundamental analysis approach that integrates environmental, social, and governance (ESG) factors. Shares are offered through Class I, which is available to institutional investors with a minimum initial investment of $2 million, featuring no sales load and an expense ratio that reflects institutional fee structures. AllianceBernstein, headquartered in Nashville, Tennessee, with additional key offices in New York, San Francisco, and London, was founded in 1967 as Bernstein & Co. and merged with Alliance Capital in 2000 to form the current entity; the firm operates globally across North America, Europe, Asia-Pacific, and Latin America, managing over $700 billion in assets as of late 2025. The fund targets growth-oriented investors, including pension funds, endowments, and high-net-worth individuals seeking exposure to leading U.S. large-cap innovators like those in AI, cloud computing, and biotechnology. Recent developments include the fund's portfolio adjustments amid market volatility following President Donald Trump's 2024 reelection and 2025 inauguration, with increased allocations to financial services and energy sectors; in 2025, AllianceBernstein announced strategic enhancements to its ESG integration framework and launched complementary ETFs mirroring large-cap growth strategies. Additionally, the firm completed a merger integration with a boutique growth equity manager in early 2025, bolstering research capabilities, and reported strong inflows into ALLIX driven by performance exceeding its benchmark Russell 1000 Growth Index by 2.5% annualized over five years through Q3 2025.