Pricing & Performance

Annualised Performance
Calendar Year Performance
Complete 12 Month Returns
Growth of Investment
Daily Data

For those share classes which have launched less than 12 months ago, we are unable to provide performance history.

Past performance does not guarantee future results.

The Fund is not managed to target or exceed the performance of any specific benchmark, nor are investment decisions constrained by any benchmark. However, investors can assess the performance of the Fund against index shown.

The display above shows the performance based on total return net of management fees, but does not reflect sales charges or the effect of taxes. The figures therefore do not reflect the actual return to an investor.

Historical Pricing

As of 28/08/2025

Month End

Quarter End

Past performance does not guarantee future results.

Historical net asset value (NAV) is provided by AB for informational purposes only.

The NAV price is the value of one share of the Fund as of the date listed. The NAV is denominated in the share class currency and does not take into account any sales charges or entry and exit costs that may apply when shares are bought or sold. NAV quoted in currencies other than the base currency of the Fund are calculated by converting the NAV of the Fund using a spot foreign exchange rate of the other offered currency on each valuation point. The historical NAV figures published here are limited to the Max Range available in our database.

Fees & Expenses

Ongoing Sales Charges Table
Management Fee	0.55%
Performance Fee	--
Ongoing Charge	0.85%
Entry Charge	Up to 1.50%
Exit Charge	--

The charges paid by the Fund are used to pay the costs for running the Fund, including the costs of marketing and distributing it. These charges reduce the potential return of your investment. For a complete description and full details of the applicable costs and charges, please refer to the Fund’s Prospectus.

The Management Fee is an annual fee paid to the management company to which the management of the Fund has been delegated. Out of this fee, the management company pays the investment management fee to the Investment Manager but also may pay other service providers.

The Performance Fee (if any) is paid to the Investment Manager under certain specific conditions.

The Ongoing Charges are charges taken from the Fund over a year based on expenses for the year. This figure may vary from year to year. It excludes performance fees (if any), portfolio transaction costs, except in the case of an entry/exit charge paid by the Fund, when buying or selling units in another collective investment undertaking. The Ongoing Charges figure can help you compare the annual operating expenses of different funds.

The Entry and Exit Charges shown are maximum figures and are one-off charges taken before or after you invest in the Fund.

Portfolio Composition

As of 31 July 2025

Holdings are subject to change without notice.

Portfolio Statistics

Net Assets	$105.40 million
Total Number of Holdings	1350
Effective Duration	3.69
Average Credit Quality	BBB+

Top Currency Exposure Long

US Dollar	99.24%
Euro	0.79%
Indian Rupee	0.48%
Indonesian Rupiah	0.42%
Brazilian Real	0.39%

Top Currency Exposure Short

Thai Baht	-0.40%
Chilean Peso	-0.39%
Czech Koruna	-0.39%
Chinese Yuan Renminbi (Offshore)	-0.38%
Polish Zloty	-0.34%

Country Allocation

United States	63.62%
United Kingdom	5.71%
Spain	3.55%
France	2.82%
Luxembourg	2.66%
Germany	2.54%
Italy	2.26%
Japan	1.51%
Netherlands	1.46%
Other	13.87%

Top Ten Holdings

UMBS 5.50%, TBA	9.41%
UMBS 5.00%, TBA	5.83%
UMBS 6.00%, TBA	5.27%
GNMA 5.50%, TBA	4.24%
UMBS 4.50%, TBA	4.09%
GNMA 5.00%, TBA	3.76%
U.S. Treasury Notes 3.875%, 04/30/30	2.51%
Spain Government Bond 3.20%, 10/31/35	2.16%
UMBS 4.00%, TBA	2.03%
United Kingdom Gilt 4.50%, 03/07/35	1.25%
Total	40.55%

Industry Breakdown

Banking	17.79%
Consumer Non-Cyclical	7.92%
Energy	5.80%
Electric	3.77%
Consumer Cyclical - Other	3.28%
Consumer Cyclical - Automotive	3.22%
Basic	3.18%
Communications - Media	2.97%
Capital Goods	2.78%
Other	49.29%

Sector Allocation

Mortgage Pass-Throughs	34.64%
Corporates - Investment Grade	31.61%
Corporates - Non-Investment Grade	27.52%
Derivative Offsets	14.69%
Emerging Markets - Hard Currency	7.04%
Collateralized Loan Obligations	6.84%
Preferred Stocks	3.45%
Collateralized Mortgage Obligations	2.63%
Quasi-Sovereigns	2.13%
Other	-30.55%

Credit Quality

AAA	36.62%
AA	5.63%
A	16.56%
BBB	17.55%
BB	16.42%
B	5.59%
CCC & Below	0.63%
Not Rated	1.00%

Complete Portfolio of Holdings

Holdings are subject to change without notice.

Investment Risks to Consider

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

Investment in the Portfolio entails certain risks. Investment returns and principal value of the Portfolio 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 Portfolio include:

Allocation risk: The risk that the allocation of investments between growth and value companies may have a more significant effect on the Portfolio’s Net Asset Value (NAV) when one of these strategies is not performing as well as the other. In addition, the transaction costs of rebalancing the investments may, over time, be significant.

Corporate debt obligations risk: The risk that a particular issuer may not fulfill its payment and other obligations. In addition, an issuer may experience adverse changes to its financial position or a decrease in its credit rating resulting in increased debt obligation price volatility and negative liquidity. There may also be a higher risk of default.

Derivatives risk: The Portfolio may include financial derivative instruments. These may be used to obtain, increase or reduce exposure to underlying assets and may create gearing; their use may result in greater fluctuations of the net asset value.

Emerging-markets risk: Where the Portfolio invests in emerging markets, these assets are generally smaller and more sensitive to economic and political factors, and may be less easily traded, which could cause a loss to the Portfolio.

Equity securities risk: The value of equity investments may fluctuate in response to the activities and results of individual companies or because of market and economic conditions. These investments may decline over short- or long-term periods.

Fixed-income securities risk: The value of these investments will change in response to fluctuations in interest rates and currency exchange rates, as well as changes in the credit quality of the issuer. Also, medium, lower and unrated securities may be subject to wider fluctuations in yield and market values than higher-rated securities.

Focused portfolio risk: Investing in a limited number of issuers, industries, sectors or countries may subject the Portfolio to greater volatility than one invested in a larger or more diverse array of securities.

Lower-rated and unrated instruments risk: These securities are subject to a greater risk of loss of capital and interest, and are usually less liquid and more volatile. Some investments may be in high-yielding fixed-income securities, so the risk of depreciation and capital losses may be unavoidable

OTC derivatives counterparty risk: Transactions in over-the-counter (OTC) derivatives markets may have generally less governmental regulation and supervision than transactions entered into on organized exchanges. These will be subject to the risk that its direct counterparty will not perform its obligations and that the Portfolio will sustain losses.

Portfolio turnover risk: A portfolio may be actively managed and turnover may, in response to market conditions, exceed 100%. A higher rate of portfolio turnover increases brokerage and other expenses. High portfolio turnover may also result in the realization of substantial net short-term capital gains, which may be taxable when distributed.

Sovereign debt obligations risk: The risk that government issued debt obligations will be exposed to direct or indirect consequences of political, social and economic changes in various countries. Political changes or the economic status of a country may impact the willingness or ability of a government to honour its payment obligations.

Structured instruments risk: These types of instruments are potentially more volatile and carry greater market risks than traditional debt instruments, depending on the structure. Changes in a benchmark may be magnified by the terms of the structured instrument and have an even more dramatic and substantial effect upon its value. These instruments may be less liquid and more difficult to price than less complex instruments

AB Global Income Portfolio

Strategy

Portfolio Management Team