Fund Evaluator:

AB Wealth Appreciation Strategy Advisor Overview

AB Wealth Appreciation Strategy Advisor (AWAYX) is an actively managed International Equity Global Large-Stock Blend fund. AllianceBernstein launched the fund in 2003.

The investment seeks long-term growth of capital. The fund invests primarily in equity securities, either directly or through underlying investment companies advised by the Adviser ("Underlying Portfolios"). A majority of the fund's assets are expected to be invested directly in U.S. large-cap equity securities, primarily common stocks, in accordance with the Adviser's U.S. Strategic Equities investment strategy ("U.S. Strategic Equities").

About AB Wealth Appreciation Strategy Advisor (AWAYX)

There are 1 members of the management team with an average tenure of 9.06 years: Ding Liu (2017). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. AB Wealth Appreciation Strategy Advisor has 79 securities in its portfolio. The top 10 holdings constitute 53.3% 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 Wealth Appreciation Strategy Advisor is part of the Equity global asset class and is within the International Equity fund group. AB Wealth Appreciation Strategy Advisor has 31.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 67.4%. There is 31.1% 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 Wealth Appreciation Strategy Advisor has 1.3% of the portfolio in cash.

Assets Under Management

The fund has $1 billion in total assets, which is above the $1 billion average for the Global Large-Stock Blend 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.

AWAYX 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 Wealth Appreciation Strategy Advisor expense ratio is above average compared to funds in the Global Large-Stock Blend category. AB Wealth Appreciation Strategy Advisor has an expense ratio of 0.75%, which is 28% lower than its category average, making the fund expense ratio grade a B. 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 Wealth Appreciation Strategy Advisor has a portfolio turnover rate of 26%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 43% for the Global Large-Stock Blend category.

Recently, in the month of July 2026, AB Wealth Appreciation Strategy Advisor returned -0.1%, which earned it a grade of D, as the Global Large-Stock Blend category had an average return of 0.8%. 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 Wealth Appreciation Strategy Advisor has a trailing yield of 1.06%, which is above the 0.95% 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 Wealth Appreciation Strategy Advisor Grades

Year to date, the fund has returned 11.8%, 2.1 percentage points better than the category, which translates into a grade of B. The fund has returned 20.4% over the past year (grade of C), 18.7% over the past three years (grade of A) and 10.9% per year over the past five years (grade of B) and 11.9% per year over the past 10 years (grade of B).

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