AllianceBernstein Select US Long/Short Portfolio

U.S. News evaluated 121 Long/Short Equity Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all AllianceBernstein funds

See full Long/Short Equity rankings

See more fund rankings

Performance

The fund has returned 12.45 percent over the past year.

Trailing Returns Updated 06.30.2014
Year to date 1.8%
1 Year 12.4%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more ASLAX performance

Summary

The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of U.S. companies, short positions in such securities, and cash and U.S. cash equivalents. Its investments will be focused on securities of companies with large and medium market capitalizations, but it may also take long and short positions in securities of small-capitalization companies. The fund is non-diversified.

Fees

Fees are Above Average compared to funds in the same category.
AllianceBernstein Select US Long/Short Portfolio has an expense ratio of 2.25 percent.

See more ASLAX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more ASLAX risk