Research
The economic environment and capital markets are unsettled, but there’s a silver lining in newfound opportunities: when uncertainty rises, so do the potential rewards for taking risks in your portfolio. It may seem uncomfortable to stay in instead of moving out, but remaining on course with a globally diversified investment mix usually leaves investors better off. 7/17/2008
United States
By  Joseph G. Carson , Senior Vice President and Director—Global Economic Research
The outlook for US consumer spending hinges a great deal on the generation of new household cash flow. In recent years, household cash flow was supplemented by record mortgage equity withdrawal. But the cycle of tapping the till in housing is over. Our analysis shows that, in Q1, housing reverted to its traditional role of an illiquid asset, absorbing greater amounts of cash flow than it is pumping out through cash-out refinancing. 8/26/2008

Concocting the Right Blend
Building Better Portfolios—A Webcast with Seth Masters, CIO Blend Strategies
Investor Education
What's Your Asset Allocation IQ? Find Out Now at www.therightmix.com
Investor Education
Guide to Mutual Fund Investing (PDF)
Investor Education
Reducing or Eliminating Sales Charges

www.CollegeSavingsCrunch.com

 Growth Enhancements FAQ (PDF)
 Letter to Global Technology Shareholders (PDF)
 Letter to Global Healthcare Shareholders (PDF)
 Independent Distribution Consultant’s Fair Fund Distribution Website
 ACM Managed Dollar Income Fund, Inc. Announces Results of Tender Offer (PDF)
 International Research Growth Merger into International Growth Prospectus Notification (PDF)
 ACM Managed Dollar Income Fund, Inc. Announces Expiration Of Tender Offer And Preliminary Results (PDF)
 AllianceBernstein National Municipal Income Fund, Inc. and Alliance California Municipal Income Fund, Inc. Announce Plans for Additional Partial Redemptions of Auction Preferred Shares (PDF)
 AllianceBernstein National Municipal Income Fund, Inc., Alliance New York Municipal Income Fund, Inc., and Alliance California Municipal Income Fund, Inc. Announce Plans for Partial Redemptions of Auction Preferred Shares (PDF)
 FAQ For Shareholders of AllianceBernstein International Research Growth Fund (PDF)
 ACM Managed Dollar Income Fund, Inc. Announces Commencement Date of Tender Offer (PDF)
 AllianceBernstein Global High Income Fund, Inc. Holding Conference Call (PDF)
 AllianceBernstein National Municipal Income Fund, Inc., Alliance New York Municipal Income Fund, Inc., and Alliance California Municipal Income Fund, Inc. Announce Board Approval of Optional Partial Redemptions of Auction Preferred Shares (PDF)
 Board Of Directors Approves Amendment To The Bylaws Of AllianceBernstein National Municipal Income Fund, Inc. And Annual Meeting Date (PDF)
 Implications of Recent Failed Auctions in the Municipal Bond Market on AllianceBernstein National Municipal Income Fund, Alliance New York Municipal Income Fund and Alliance California Municipal Income Fund (PDF)
 ACM Managed Dollar Income Fund, Inc. Designates Tender Offer Measurement Period (PDF)
 Alliance All-Market Advantage Fund, Inc., Announces Closing Of Acquisition Of The Fund By Alliancebernstein Large Cap Growth Fund, Inc. (PDF)
 Alliance All-Market Advantage Fund, Inc. Announces Acquisition Date (PDF)
 Adjustments to Retirement Strategies Target Portfolio Allocations (PDF)
Closed End Fund News and Announcements
 Mutual Fund News and Announcements



Calculators
Tax Center
The Right Mix
College Savings Crunch

 As of 8/27/2008
 Class A @ NAV 
YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs. *
-18.73
-22.57
-1.42
5.22
3.85
-13.51
-7.04
1.59
5.21
-1.33
-10.81
-7.82
3.98
6.77
-22.10
-19.01
9.80
15.31
12.44
-17.29
-14.00
1.50
12.71
10.49
-0.02
5.10
6.95
8.08
8.66

* or Since Inception
Edit My Watchlist
YTD performance information is as of the date shown. Other periods are as of the most recent month-end. Because of ongoing market volatility, a fund's performance may be subject to substantial fluctuations since those dates and may be more or less than that shown. All returns reflect reinvestment of all distributions. NAV returns do not reflect sales charges which would reduce total return figures. For SEC returns and other fund information click on the fund name. SEC returns reflect payment of the maximum 4.25% front-end sales charge. Returns for other classes will vary due to higher expenses charged to these classes. Fund returns less than one year old are cumulative, not annualized. The investment return and principal value of the Funds will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost.

Investment Products Offered:

Are Not FDIC Insured | May Lose Value | Are Not Bank Guaranteed

Investors should carefully consider the investment objectives and policies, sales charges, expenses, risks and other matters of importance before investing in any AllianceBernstein mutual fund. For a free copy of any Fund's prospectus, which contains this and other information, click here or call AllianceBernstein Investments at (800) 227-4618. Please read the prospectus carefully before you invest.

AllianceBernstein mutual funds may be offered only to persons in the United States and by way of a prospectus. This website should not be considered a solicitation or offering of any investment products or services to investors residing outside of the United States.

AllianceBernstein Investments, Inc. is an affiliate of AllianceBernstein L.P., the manager of the funds, and is a member of FINRA.

©2008 AllianceBernstein L.P.
Terms of Use, Business Continuity Plan and Privacy Policy