AB DISCOVERY GROWTH FUND, INC.

AB DISCOVERY GROWTH FUND, INC. · 5 share classes

Actively managed U.S. equity fund
One fund, 5 share classes:CHCLXCHCCXCHCYXCHCIXCHCZX
$2.90B NAV
91 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

AB DISCOVERY GROWTH FUND, INC. is an actively managed U.S. equity fund. 35% of CHCLX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 81% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2025 Q4

The Funds investment objective is long-term growth of capital.

Strategy · summarised

The fund invests in a diversified portfolio of small- and mid-capitalization U.S. equity securities selected through fundamental and quantitative analysis for improving financial results and favorable earnings outlook, with at least 80% of assets in companies within the lowest 25% of U.S. market capitalization. The fund may also hold foreign securities, preferred stocks, rights and warrants (up to 20% of assets), and ETFs, and may use derivatives including options and futures to manage risk or generate additional returns. Because the fund's definition of eligible companies is dynamic and tied to market capitalization ranges that shift with market movements, its holdings will change as companies move in and out of the lowest 25% bracket.

Expenses
0.67% 1.69%across 5 share classes
Share classGrossNet
CHCLX0.93%0.92%
CHCCX1.70%1.69%
CHCYX0.70%0.69%
CHCIX0.76%0.76%
CHCZX0.67%0.67%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 80.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

101.16%
of net assets
Stocks98.51%
Cash & short-term2.65%

Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Industrials26.0%
Information Technology25.1%
Health Care20.5%
International7.8%
8 smaller20.6%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
35%of stock holdings in top-quartile growers
covering 81% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 36 new36 exited

Largest new: CRS, SITM, STRL, TTMI, MKSI, FPS, CAVA, MOD

Largest exited: FIX, RKLB, Fabrinet, BE, ASTS, Credo Technology Group Holding Ltd, CELH, COHR

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+33.00%+53.77%+8.23%16.07%-19.54%
+32.07%+50.19%+4.08%16.10%-19.82%
+33.37%+54.71%+9.47%16.05%-19.45%
+33.23%+54.40%+9.21%16.06%-19.48%
+33.38%+54.82%+9.66%16.09%-19.46%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Alliance Bernstein2.53%$73.51M
Carpenter Technology CorpCRS2.42%$70.17M
SiTime CorpSITM2.21%$64.11M
Sterling Infrastructure IncSTRL2.21%$64.07M
Guardant Health IncGH2.15%$62.48M
MACOM Technology Solutions Holdings IncMTSI1.97%$57.09M
Lattice Semiconductor CorpLSCC1.90%$55.11M
Semtech CorpSMTC1.70%$49.31M
BWX Technologies IncBWXT1.63%$47.28M
TTM Technologies IncTTMI1.62%$47.02M
Showing 10 of 91Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 20.34% of net assets, top 25 43.04%, across 91 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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