Fund Evaluator:
AB Large Cap Growth I (ALLIX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
AB Large Cap Growth I Overview
AB Large Cap Growth I (ALLIX) is an actively managed U.S. Equity Large Growth fund. AllianceBernstein launched the fund in 2005.
The investment seeks long-term growth of capital. The fund invests primarily in equity securities of a limited number of large, carefully selected, high-quality U.S. companies. It invests primarily in the domestic equity securities of companies selected by the fund's Adviser for their growth potential within various market sectors. The fund emphasizes investments in large, seasoned companies. Under normal circumstances, the fund will invest at least 80% of its net assets in common stocks of large-capitalization companies. It may, at times, invest in shares of exchange-traded funds in lieu of making direct investments in securities.
About AB Large Cap Growth I (ALLIX)
There are 3 members of the management team with an average tenure of 7.59 years: Vinay Thapar (2018), Shri Singhvi (2026), John Fogarty (2012). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell 1000 Growth TR USD index with a weighting of 100%. AB Large Cap Growth I has 58 securities in its portfolio. The top 10 holdings constitute 51.4% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
AB Large Cap Growth I is part of the Equity global asset class and is within the U.S. Equity fund group. AB Large Cap Growth I has 5.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 92.1%. There is 5.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). AB Large Cap Growth I has 2.2% of the portfolio in cash.
Assets Under Management
The fund has $617 million in total assets, which is below the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
ALLIX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The AB Large Cap Growth I expense ratio is above average compared to funds in the Large Growth category. AB Large Cap Growth I has an expense ratio of 0.60%, which is 38% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. AB Large Cap Growth I has a portfolio turnover rate of 25%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of July 2026, AB Large Cap Growth I returned -1.4%, which earned it a grade of B, as the Large Growth category had an average return of -3.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
AB Large Cap Growth I has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
AB Large Cap Growth I Grades
Year to date, the fund has returned 2.1%, 1.7 percentage points worse than the category, which translates into a grade of D. The fund has returned 6.2% over the past year (grade of D), 15.9% over the past three years (grade of D) and 8.3% per year over the past five years (grade of D) and 15.8% per year over the past 10 years (grade of B).
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ALLIX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| ALLIX Return (NAV) | -1.4% | 0.1% | 6.2% | 15.9% | 8.3% | 15.8% |
| ALLIX Grade | B | D | D | D | D | B |
| +/- Category | 1.7% | -1.6% | -2.9% | -2.2% | -0.4% | 0.4% |
| Large Growth Avg | -3.1% | 1.7% | 9.1% | 18.1% | 8.7% | 15.4% |
| ALLIX Tax Cost Ratio | na | na | 2.2% | 1.4% | 1.2% | 1.1% |
ALLIX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| ALLIX Return (NAV) | 2.1% | 13.2% | 25.4% | 35.0% | -28.8% | 28.8% | 34.4% | 34.1% | 2.2% | 31.7% | 3.1% |
| ALLIX Grade | D | D | D | D | B | A | D | C | A | B | C |
| +/- Category | -1.7% | -2.5% | -4.3% | -3.9% | 3.3% | 8.5% | -7.9% | 0.9% | 2.9% | 1.9% | 0.4% |
| Large Growth Avg | 3.7% | 15.7% | 29.7% | 38.9% | -32.1% | 20.4% | 42.3% | 33.2% | -0.7% | 29.8% | 2.7% |
| Risk Measures | |
| Standard Deviation: | 16.0% |
| Total Risk Index: | 1.30 - Above Average |
| Category Risk Index: | 0.91 - Below Average |
| Category Risk Grade: | B (23% Rank) |
| Beta: | 1.16 |
| R-Squared: | 89% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $21797 Mil |
| Fund Total Assets: | $ 617 Mil |
| Share Class Type: | Inst |
| Portfolio Turnover: | 25% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 14.5 years | |||
| Average Tenure: 7.6 years | |||
| Managers (Year): Fogarty John (2012), Thapar Vinay (2018), Singhvi Shri (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 58 |
| % in Top 10 Holdings: | 51.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 5.8% |
Portfolio Allocation |
|
| Domestic Stock: | 92.1% |
| Foreign Stock: | 5.8% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.2% |
Purchase Information
| Fund Family: | AllianceBernstein |
| Phone Number: | 800-227-4618 |
| Website: | www.AllianceBernstein.com |
| Status: | Open |
| Inception Date: | March 1, 2005 |
| Min. Initial Purchase: | $2,000,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.60% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | AB Large Cap Growth A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
