4 / 5 Stars
4 4 5 3 2
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
U.S. News evaluated 47 Market Neutral Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 1.87 percent over the past year, and 2.35 percent over the past three years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.1%|
|3 Years (Annualized)||2.3%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks long-term growth of capital independent of stock market direction. The fund seeks to limit market risk by balancing "long" and "short" positions. To do this, the fund will buy, or take long positions in, equity securities of U.S. companies that the Adviser believes are undervalued and more likely to appreciate and, at the same time, sell, or take short positions in, equity securities that the Adviser believes are overvalued and more likely to depreciate. While the fund does not target issuers of a particular size, most issuers have larger capitalizations.
Fees are Low compared to funds in the same category.
AllianceBernstein Market Neutral Strategy - U.S. has an expense ratio of 1.25 percent.
Risk is Average compared to funds in the same category according to Morningstar.