NASHVILLE, Tenn. - AllianceBernstein L.P. (NYSE:AB) reported assets under management of $899 billion as of May 31, 2026, up from $882 billion at the end of April, according to a press release statement.
The 2% increase in month-end AUM was driven by market appreciation, partially offset by net outflows. The firm experienced outflows concentrated in its retail segment during May, while institutional clients showed modest inflows and private wealth flows remained roughly flat.
By investment category, equity assets under management totaled $370 billion, with actively managed equity assets at $284 billion and passive equity at $86 billion. Fixed income assets reached $315 billion, including $209 billion in taxable fixed income, $95 billion in tax-exempt fixed income, and $9 billion in passive fixed income. The alternatives and multi-asset solutions category accounted for $214 billion.Despite the mixed flows, AB shares trade at $36.98, near their 52-week low of $35.59, with a P/E ratio of 11.51. InvestingPro analysis suggests the stock is undervalued, offering an attractive 8.98% dividend yield. The firm has maintained dividend payments for 39 consecutive years, according to InvestingPro Tips, with additional insights available in the comprehensive Pro Research Report.
The firm’s client segments showed assets of $370 billion in institutions, $362 billion in retail, and $167 billion in private wealth as of May 31, 2026.
AllianceBernstein is a global investment management firm offering services to institutional investors, individuals, and private wealth clients. As of March 31, 2026, AllianceBernstein Holding owned approximately 31.4% of AllianceBernstein, while Equitable Holdings, Inc. owned an approximate 68.0% economic interest in the firm.
In other recent news, AllianceBernstein Holding LP reported its first-quarter 2026 earnings, revealing a mixed financial performance. The company’s earnings per share (EPS) were $0.83, slightly missing the analyst forecast of $0.84, resulting in a 1.19% negative surprise. However, AllianceBernstein’s revenue surpassed expectations, reaching $1.2 billion compared to the anticipated $896.56 million, marking a 33.84% positive surprise. In another development, AllianceBernstein, alongside Brookfield Asset Management and Carlyle, announced a collaboration to launch a private markets investment solution for defined contribution retirement plans. The product, named ABC [ONE], is designed to work with existing target-date funds or managed-account solutions, offering exposure to private credit, real assets, and equity. These recent developments reflect AllianceBernstein’s strategic initiatives and financial outcomes.
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