3 / 5 Stars
5 4 3 4 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#23 in Mid-Cap Growth
U.S. News evaluated 222 Mid-Cap Growth 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 30.05 percent over the past year, 16.91 percent over the past three years, 28.16 percent over the past five years, and 8.63 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.3%|
|3 Years (Annualized)||16.9%|
|5 Years (Annualized)||28.2%|
|10 Years (Annualized)||8.6%|
The investment seeks long-term growth of capital. The fund invests primarily in a diversified portfolio of equity securities with relatively smaller capitalizations as compared to the overall U.S. market. Under normal circumstances, the fund invests at least 80% of its net assets in the equity securities of small-and mid-capitalization companies. For these purposes, "small- and mid-capitalization companies" are generally those companies that, at the time of investment, fall within the lowest 25% of the total U.S. equity market capitalization (excluding, for purposes of this calculation, companies with market capitalizations of less than $10 million).
Fees are High compared to funds in the same category.
AllianceBernstein Discovery Growth Fund has an expense ratio of 1.12 percent.
Risk is High compared to funds in the same category according to Morningstar.