Morningstar

AB Select US Long/Short Portfolio Class A ASLAX

Morningstar Medalist Rating
Medalist Rating as of | See AllianceBernstein Investment Hub
  • NAV / 1-Day Return 14.68  /  +0.34 %
  • Total Assets 1.5B
  • Adj. Expense Ratio
    1.860%
  • Expense Ratio —
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Long-Short Equity
  • Investment Style Large Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.67%
  • Turnover 296%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:10 AM GMT+0

Morningstar’s Analysis ASLAX

Will ASLAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ASLAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ASLAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ASLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Seasoned leadership, but execution risk moderates our conviction.

Senior Principal Natalia Wolfstetter

Natalia Wolfstetter

Senior Principal

Summary

We value the lead manager’s extensive experience navigating multiple market cycles and the increased stability within the team, but key-person and execution risks constrain the People and Process Pillar ratings to Average.

by Natalia Wolfstetter
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ASLAX

More ASLAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

AB Government Money Market A

39.11 559M
Cash and Equivalents

NVIDIA Corp

5.43 78M
Technology

Apple Inc

4.23 60M
Technology

Microsoft Corp

3.97 57M
Technology

Alphabet Inc Class A

3.74 53M
Communication Services

Berkshire Hathaway Inc Class B

2.70 39M
Financial Services

Amazon.com Inc

2.58 37M
Consumer Cyclical

Visa Inc Class A

1.98 28M
Financial Services

Broadcom Inc

1.75 25M
Technology

Micron Technology Inc

1.49 21M
Technology

Sponsor Center