S000043215 [Member] Investment Strategy - AB Concentrated Growth Fund |
Jun. 30, 2026 |
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| Prospectus [Line Items] | |
| Strategy [Heading] | PRINCIPAL STRATEGIES |
| Strategy Narrative [Text Block] |
The Adviser seeks to achieve the Fund’s
investment objective of long-term growth of capital by investing primarily in common stocks of listed U.S. companies. The
Fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in common stocks
of listed companies meeting the Adviser’s growth criteria. For purposes of this policy, companies meeting the Adviser’s
growth criteria are those companies with securities included in any one of the following indexes: the MSCI ACWI IMI Growth, the Russell
3000® Growth Index, and the Morningstar Global All‑Cap Growth TME.
The Adviser employs an appraisal method
that attempts to measure each prospective company’s quality and growth rate by numerous factors. Such factors include: a company’s
record and projections of profit and earnings growth, accuracy and availability of information with respect to the company, success and
experience of management, accessibility of management to the Fund’s Adviser, product lines and competitive position both in the
United States and abroad, lack of cyclicality, large market capitalization and liquidity of the company’s securities. The Adviser
compares these results to the general stock markets to determine the relative attractiveness of each company at a given time. The Adviser
weighs economic, political and market factors in making investment decisions; this appraisal technique attempts to measure each investment
candidate not only against other stocks of the same industry group, but also against a broad spectrum of investments. While the Fund primarily
invests in companies that have market capitalizations of $5 billion or more, it may invest in companies that have market capitalizations
of $3 billion to $5 billion.
The Fund invests in a relatively small
number of individual stocks. The Fund is considered to be “non‑diversified”, which means that the securities laws do
not limit the percentage of its assets that it may invest in any one company (subject to certain limitations under the U.S. Internal Revenue
Code of 1986, as amended).
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