AB Global Real Estate Investment Fund II Class I (ARIIX)

10.49
Net Asset Value
+0.48%
1 Day
-4.90%
Year-to-Date
Overall Morningstar Rating
Global real estate
Style or Category
No Load
Sales Expenses
0.69%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return from long-term growth of capital and income. The fund invests at least 80% of its net assets in the equity securities of real estate investment trusts- or REITs- and other real estate industry companies- such as real estate operating companies. It invests in U.S. and non-U.S. issuers. The fund invests significantly (at least 40%--unless market conditions are not deemed favorable by the Adviser) in securities of non-U.S. companies. It invests in the equity securities of companies located in at least three countries.

Performance

1 month-3.67% 3 years+2.62%
3 months-2.91% 5 years+5.56%
1 year+5.92% Since inception+7.59%
Data through --

Peer Comparisonvs. Global real estate

 ARIIXCategory
Performance 5-yr return+5.56%+6.13%
Expense ratio0.69%1.33%
Risk 5 year sharpe ratio0.620.53
Net assets$330.2M$733.7M
Average market cap$6.5B$5.8B
Average P/E13.913.4
Portfolio turnover81%81%

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Fund Management and Purchase Info

Fund familyAllianceBernstein
Fund manager & tenureEric Franco / 5 Years
Minimal initial investment$2,000,000.00
Minimum IRA investment--

Holdings

U.S. stock51.04%
International stock47.86%
Cash0.67%
Fixed income0.43%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 93.99%
Consumer service 3.32%
Industrial materials 1.63%
Business service 1.05%
Consumer goods 0.00%
Top 10 Holdings
Portfolio weighting
SPG Simon Property Group Inc3.91%
-- 2.57%
-- 2.46%
HCN Welltower Inc2.40%
ESS Essex Property Trust Inc2.22%
-- 2.18%
DLR Digital Realty Trust Inc2.11%
O Realty Income Corp1.98%
-- 1.78%
MAA Mid-America Apartment Communities Inc1.78%