Strategy

Seeks high total investment return by:

Investing in a global portfolio of investment grade, fixed-income securities
Hedging non-US dollar-denominated positions to US dollars to minimize the risks of currency fluctuations
Drawing on a large global team to evaluate the top-down factors influencing markets as well as the bottom-up factors affecting bond prices

Portfolio Management Team

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Investment Risks to Consider

These and other risks are described in the Fund's prospectus

Investment returns and principal value of the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Some of the principal risks of investing in the Fund include:

Corporate debt obligations risk
Derivatives risk
Fixed-income securities risk
Liquidity risk
OTC derivatives counterparty risk
Portfolio turnover risk
Sovereign debt obligations risk
Structured investments risk

Fund Literature

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AllianceBernstein provides its investment management services in Canada through its affiliates Sanford C. Bernstein & Co. LLC and AllianceBernstein Canada, Inc. Shares of the AllianceBernstein Luxembourg funds described herein are not registered in Canada for public sale to Canadian resident investors.