United States
By  Joseph G. Carson , Senior Vice President and Director—Global Economic Research
Recent liquidity improvements provide a strong signal for renewed GDP growth, and we expect private credit to gain momentum if an economic recovery gains traction. History shows that an environment of sustained growth following recession does not necessarily lead to a resurgence of inflation. 7/3/2009
Research
The 2008 financial crisis led to a deep decline in markets and economies, triggering massive policy responses. Encouraging signs are emerging, but full economic recovery depends on getting lending and borrowing to accelerate. Markets may be volatile for a while, but attractive valuations may present historic opportunities for long-term investors. 4/24/2009
The US Treasury Department has chosen AllianceBernstein to help manage its portfolio of assets issued by banks and other institutions taking part in the Capital Purchase Program (CPP) and other programs of the Troubled Assets Relief Program (TARP). These programs are part of the Emergency Economic Stabilization Act of 2008, which seeks to restore financial stability and ensure the flow of capital to consumers and businesses so that these institutions can ultimately attract both private and public capital. 4/22/2009
Research
When the bad news seems to come in waves, it can be tempting to look elsewhere--anywhere--for a safe place to park your money. Here are three reasons why cash isn't necessarily king. 10/6/2008

Building Better Portfolios—A Webcast with Seth Masters, CIO Blend Strategies & Defined Contribution
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Reducing or Eliminating Sales Charges

 ACM Managed Dollar Income Fund, Inc. (June 23, 2009 Proxy Statement) (PDF)
 ACM Managed Dollar Income Fund, Inc. Announces Results Of Tender Offer (PDF)
 ACM Managed Dollar Income Fund, Inc. Announces Expiration Of Tender Offer And Preliminary Results (PDF)
 Board Of Directors Approves Changes In Record Date And Stockholder Meeting Date Of ACM Managed Dollar Income Fund, Inc. (PDF)
 ACM Managed Dollar Income Fund, Inc. Announces Increase and Extension of Tender Offer (PDF)
 ACM Managed Dollar Income Fund, Inc. Announces Commencement of Tender Offer (PDF)
 Prospectus/Proxy Statement for AllianceBernstein Municipal Income Fund II—Florida Portfolio (PDF)
 ACM Managed Dollar Income Fund, Inc. Designates Tender Offer Measurement Period (PDF)
 Boards Of Directors Approve The Acquisition Of Assets Of ACM Managed Dollar Income Fund, Inc.By AllianceBernstein Global High Income Fund, Inc. (PDF)
 Closed-End Conference Call Summary: 2/24/09 (PDF)
 Notice of Joint Annual Meeting of Stockholders and Proxy Statement (PDF)
 FAQ for Shareholders of AllianceBernstein Municipal Income Fund—National Portfolio II (PDF)
 FAQ for Shareholders of AllianceBernstein Municipal Income Fund II—Florida Portfolio (PDF)
 Enron Settlement Proceeds-Impact on Performance (PDF)
 AB Income Fund Special Distribution (PDF)
 FAQ - AllianceBernstein to Suspend New Sales of Class B Shares (PDF)
 Independent Distribution Consultant’s Fair Fund Distribution Website
 Closed End Fund News and Announcements
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CollegeBoundfund® Overview

Calculators
Tax Center

 As of 7/2/2009
 Class A @ NAV 
YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs. *
-5.26
-30.77
-14.58
-5.45
-1.02
6.30
-15.75
-3.10
0.00
-5.04
6.61
-20.13
-5.25
0.52
1.98
5.44
-42.17
-14.79
-0.34
4.31
1.09
-34.87
-15.79
-0.77
6.04
12.06
0.17
6.09
6.82
8.03

* or Since Inception
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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.

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