Fund Evaluator:

AB Global Core Equity C Overview

AB Global Core Equity C (GCECX) is an actively managed International Equity Global Large-Stock Blend fund. AllianceBernstein launched the fund in 2014.

The investment seeks long-term growth of capital. The fund invests primarily in a portfolio of equity securities of issuers from markets around the world. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities, at least 40% of its net assets in securities of non-U.S. companies, and invests in companies in at least three countries (including the United States). The Adviser seeks companies that are attractively valued and have the ability to generate high and sustainable returns on invested capital. The Adviser does not seek to have a bias towards any investment style, economic sector, country or company size.

About AB Global Core Equity C (GCECX)

There are 2 members of the management team with an average tenure of 6.19 years: Rasmus Hansen (2025), Klaus Ingemann (2014). 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 Global Core Equity C has 60 securities in its portfolio. The top 10 holdings constitute 41.9% 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 Global Core Equity C is part of the Equity global asset class and is within the International Equity fund group. AB Global Core Equity C has 37.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 62.8%. There is 37.2% 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 Global Core Equity C has 0.0% of the portfolio in cash.

Assets Under Management

The fund has $143 million in total assets, which is below 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.

GCECX 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 Global Core Equity C expense ratio is high compared to funds in the Global Large-Stock Blend category. AB Global Core Equity C has an expense ratio of 1.78%, which is 70% higher than its category average, making the fund expense ratio grade a F. 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 Global Core Equity C has a portfolio turnover rate of 67%, 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 Global Core Equity C returned 3.8%, which earned it a grade of A, 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 Global Core Equity C has a trailing yield of 0.00%, which is below 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 Global Core Equity C Grades

Year to date, the fund has returned 7.6%, 2.2 percentage points worse than the category, which translates into a grade of D. The fund has returned 10.2% over the past year (grade of F), 10.6% over the past three years (grade of F) and 4.8% per year over the past five years (grade of F) and 9.1% per year over the past 10 years (grade of D).

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