International Strategic Equities Portfolio
Bernstein Fund Inc · Series S000051865 · 3 share classes
data updated 2026-09-08
Fund profile
As filed in the prospectus · 2026 Q1
The Portfolios investment objective is to provide long-term growth of capital.
The fund invests at least 65% of assets in equity securities of large-cap and mid-cap companies in countries outside the U.S. that comprise the MSCI All Country World Index ex USA, using fundamental and quantitative research to select holdings and allocate across geographies and sectors. The manager is not required to track the index proportionally and may invest in countries outside it, so fund performance may diverge from the benchmark. The fund may employ currency hedging strategies and use derivatives including futures and options to manage exposure.
| Share class | Expense ratio |
|---|---|
| STESX | 0.93% |
| STEYX | 0.70% |
| STEZX | 0.71% |
Portfolio turnover 94.00% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 97.79% |
| Cash & short-term | 2.31% |
| Derivatives | 0.06% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: BNP Paribas SA, Murata Manufacturing Co Ltd, MediaTek Inc, InterContinental Hotels Group PLC, Kioxia Holdings Corp, Bizlink Holding Inc, B3 SA - Brasil Bolsa Balcao, Saipem SpA
Largest exited: Norsk Hydro ASA, Koninklijke Ahold Delhaize NV, Banco Bilbao Vizcaya Argentaria SA, Lundin Mining Corp, Mitsubishi Heavy Industries Ltd, Saab AB, Ryanair Holdings PLC, Cia de Saneamento Basico do Estado de Sao Paulo SABESP
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +48.83% | +95.61% | +80.08% | 16.78% | -10.66% | |
| +49.10% | +96.87% | +82.16% | 16.86% | -10.55% | |
| +49.18% | +97.01% | +82.09% | 16.78% | -10.53% |
These classes hold the same portfolio, so the 2.07pp spread over 5 years is the cost difference between them — roughly 0.41pp a year — not a difference in what they own.
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
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Taiwan Semiconductor Manufacturing Co Ltd | 7.65% | $78.89 | $883.81M | 11.2M |
| — | Samsung Electronics Co Ltd | 4.78% | $221.90 | $551.96M | 2.5M |
| — | SK hynix Inc | 4.03% | $1,764.58 | $465.87M | 264.0K |
| — | NN Group NV | 2.93% | $87.67 | $338.96M | 3.9M |
| — | Prysmian SpA | 2.84% | $168.34 | $328.06M | 1.9M |
| — | Shell PLC | 2.69% | $38.85 | $310.69M | 8.0M |
| — | Alliance Bernstein | 2.31% | — | $266.89M | — |
| — | ASML Holding NV | 1.89% | $1,980.18 | $218.47M | 110.3K |
| — | BAE Systems PLC | 1.83% | $24.51 | $211.72M | 8.6M |
| — | ABB Ltd | 1.78% | $108.78 | $205.93M | 1.9M |
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 32.74% of net assets, top 25 56.22%, across 94 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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