Strategy

Seeks high risk-adjusted returns by:

Investing primarily in US corporate bonds, but may also invest in bonds of non-US issuers in both developed and emerging markets
Emphasizing rigorous credit analysis and security selection that focuses on superior upside/downside characteristics
Combining quantitative and fundamental techniques designed to protect value in down markets and capture return in up markets

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
Equity securities risk
Fixed-income securities risk
Focused portfolio risk
Lower-rated and unrated instruments risk
OTC derivatives counterparty risk
Sovereign debt obligations risk
Structured instruments risk

Fund Literature

This website is authorized for use only by registered broker-dealers and is not authorized for use by the general public. The material contained herein is not for inspection by, distribution or quotation to, the general public. The sale of shares of AllianceBernstein funds may be restricted in certain jurisdictions. In particular, shares may not be offered or sold, directly or indirectly, in the United States or to US persons, as is more fully described in the prospectus with respect to each fund. Shares of AllianceBernstein funds are offered only pursuant to the fund's current prospectus together with the most recent financial statements. The information on this page is for information purposes only and should not be construed as an offer to sell, or solicitation to buy, or a recommendation for the securities of any AllianceBernstein fund.

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.