Ab Equity Income Fund INC
Data updated: 2026-07-24
C000028100 — Ab Equity Income Fund INC. United States Large Cap Value Equity · $770.60M AUM. Holdings, fees, performance and SEC filings.
C000028100 Fund Overview
Ab Equity Income Fund INC is a US mutual fund managed by Ab Equity Income Fund INC, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Ab Equity Income Fund INC
- Category: United States Large Cap Value Equity
- Assets under management: $770.60M
- SEC CIK: 0000910036
- SEC series ID: S000010125
- Share class ID: C000028100
C000028100 Investment Objective and Strategy
Ab Equity Income Fund INC describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ab Equity Income Fund INC.
Investment objective
The Fund's investment objective is current income and long-term growth of capital.
Principal investment strategy
"The Fund invests primarily in a diversified portfolio of equity securities of U.S. companies. Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities. The Fund invests primarily in income-producing securities, targeting an investment in such securities of at least 65% of its total assets. The Fund seeks current income and capital growth from investments in a wide range of industries. The Fund invests in companies that the Adviser determines to be undervalued, using the fundamental value approach of the Adviser. The fundamental value approach seeks to identify a universe of securities that are considered to be undervalued because they are attractively priced relative to their future earnings power and dividend-paying capability. In selecting securities for the Fund's portfolio, the Adviser uses fundamental and quantitative research to identify and invest in those companies whose long-term earnings power and dividend-paying capability are not reflected in the current market price of these securities.
The Adviser's fundamental analysis depends heavily upon its large internal research staff. The research staff of company and industry analysts covers a research universe drawn primarily from the S&P 500 Index. The Adviser typically projects a company's financial performance over a full economic cycle, including a trough and a peak, within the context of forecasts for real economic growth, inflation and interest rate changes. The Adviser's research staff focuses on the valuations implied by the current price, relative to the earnings the company will be generating five years from now, or ""normalized"" earnings, assuming average mid-economic cycle growth for the fifth year. The Fund's management team and other senior investment professionals work in close collaboration to weigh each investment opportunity identified by the research staff relative to the entire portfolio and determine the timing and position size for purchases and sales.
Analysts remain responsible for monitoring new developments that would affect the securities they cover. The team will generally sell a security when it no longer meets appropriate valuation criteria, although sales may be delayed when positive return trends are favorable. The Fund may invest in securities of non-U.S. companies, but will limit its investments in any one non-U.S. country to no more than 15% of its net assets. The Fund may enter into derivatives transactions, such as options, futures contracts, forwards, and swaps. The Fund may use options strategies involving the purchase and/or writing of various combinations of call and/or put options, including on individual securities and stock indices, futures contracts (including futures contracts on individual securities and stock indices) or shares of exchange-traded funds (""ETFs"").
These transactions may be used, for example, in an effort to earn extra income, to adjust exposure to individual securities or markets, or to protect all or a portion of the Fund's portfolio from a decline in value, sometimes within certain ranges. The Fund may, at times, invest in shares of ETFs in lieu of making direct investments in equity securities. ETFs may provide more efficient and economical exposure to the type of companies and geographic locations in which the Fund seeks to invest than direct investments."
C000028100 Holdings
Top 10 holdings of Ab Equity Income Fund INC by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp | 7.19% |
| Apple Inc | 5.53% |
| Alphabet Inc | 5.01% |
| Lam Research Corp | 4.88% |
| Broadcom Inc | 4.16% |
| Seagate Technology Holdings PLC | 4.03% |
| KLA Corp | 3.06% |
| Bank of America Corp | 2.42% |
| Merck & Co Inc | 2.30% |
| RTX Corp | 2.28% |
C000028100 Portfolio Allocation
Asset-class allocation of Ab Equity Income Fund INC by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.6% |
| Cash & Equivalents | 0.4% |
C000028100 Costs and Fees
C000028100 costs about $177 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.77%
- Gross expense ratio: 1.77%
- Portfolio turnover: 35%
- Brokerage commissions: 0.94 bps of average net assets (SEC N-CEN)
C000028100 Cashflows
Over the 12 months to 2026-05, Ab Equity Income Fund INC had net inflows of $64.44M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$5.83M |
| 2026-04 | −$9.54M |
| 2026-03 | $18.18M |
| 2026-02 | $10.22M |
| 2026-01 | −$7.53M |
| 2025-12 | $36.47M |
C000028100 Debt Constituents
No individual debt constituents are reported in Ab Equity Income Fund INC's latest SEC N-PORT filing.
C000028100 Prospectus and SEC Filings
Official Ab Equity Income Fund INC filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-26
- Prospectus (485BPOS) — filed 2025-02-27
- Prospectus (485BPOS) — filed 2024-02-28
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2026-02-12
- Annual census (N-CEN) — filed 2025-02-12
Related Funds
Other United States Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.