FEATURED RETIREMENT FUNDS
Morningstar Quartile & Rank
US EQUITY: CORE Overall Morningstar RatingTM 1-Year 3-Year 5-Year 10-Year
Core Opportunities Fund (ADGIX)

Against 1277 Large Growth Funds

3788/1424 1283/1277 1284/1152 3419/803
US EQUITY: GROWTH
Discovery Growth Fund (CHCIX)

Against 576 Mid-Cap Growth Funds

163/626 3312/576 2239/502 151/370
Large Cap Growth Fund (ALLIX)

Against 1277 Large Growth Funds

1328/1424 127/1277 118/1152 18/803
US EQUITY: VALUE
Discovery Value Fund (ABSIX)

Against 356 Mid-Cap Value Funds

188/402 2156/356 175/310 134/217
Relative Value Fund1 (CBBIX)

Against 1091 Large Value Funds

3642/1251 1190/1091 1197/936 2193/681
FIXED INCOME: TAXABLE
Global Bond Fund (ANAIX)

Against 298 World Bond Funds

2137/322 119/298 136/253
High Income Fund (AGDIX)

Against 590 High Yield Bond Funds

2158/689 131/590 132/474
Intermediate Bond Portfolio (ABQIX)

Against 856 Intermediate-Term Funds

2255/980 1106/856 1135/767 2142/540
FI360 Fiduciary Score® Average & Numbers of Peers
US EQUITY: CORE Score 1-Year
Rolling Avg
3-Year
Rolling Avg
5-Year
Rolling Avg
10-Year
Rolling Avg
Core Opportunities Fund (ADGIX)

Against Large Growth Funds

21
1438
21
1362
14
1164
17
989
19
639
US EQUITY: GROWTH
Discovery Growth Fund (CHCIX)

Against Mid-Cap Growth Funds

29
629
55
591
44
529
28
467
32
302
Large Cap Growth Fund (AGDIX)

Against Large Growth Funds

0
1438
6
1362
2
1164
12
989
13
639
US EQUITY: VALUE
Discovery Value Fund (ABSIX)

Against Mid-Cap Value Funds

42
394
33
361
47
308
41
265
29
159
Relative Value Fund1 (CBBIX)

Against Large Value Funds

13
1223
20
1131
17
955
15
847
27
532
FIXED INCOME: TAXABLE
Global Bond Fund (ANAIX)

Against World Bond Funds

0
323
1
306
1
246
2
194
101
High Income Fund (AGDIX)

Against High Yield Bond Funds

0
662
4
603
9
491
7
404
257
Intermediate Bond Portfolio (ABQIX)

Against Intermediate-Term Funds

16
951
13
906
11
782
16
688
22
436
key

Creating Tomorrow's Target-Date Strategy—Today

Morningstar Quartile & Rank
Multi-Asset: Target-date 1-Year 3-Year 5-Year 10-Year
Multi-Manager Select Retirement Allocation (TDAIX)

Against Target-Date Retirement Funds

394/172
Multi-Manager Select 2010 (TDIBX)

Against Target-Date 2000-2010 Funds

368/111
Multi-Manager Select 2015 (TDCIX)

Against Target-Date 2015 Funds

365/126
Multi-Manager Select 2020 (TDDIX)

Against Target-Date 2020 Funds

276/232
Multi-Manager Select 2025 (TDIGX)

Against Target-Date 2025 Funds

262/200
Multi-Manager Select 2030 (TDIHX)

Against Target-Date 2030 Funds

154/232
Multi-Manager Select 2035 (TDIMX)

Against Target-Date 2035 Funds

137/200
Multi-Manager Select 2040 (TDJIX)

Against Target-Date 2040 Funds

138/232
Multi-Manager Select 2045 (TDNIX)

Against Target-Date 2045 Funds

131/200
Multi-Manager Select 2050 (TDLIX)

Against Target-Date 2050 Funds

130/225
Multi-Manager Select 2055 (TDIPX)

Against Target-Date 2055 Funds

137/198

1Prior to January 9, 2017, the Fund was named AB Growth & Income Fund.

Past performance does not guarantee future results.

Morningstar percentile ranks are based on a fund’s total returns (including the effects of sales charges, loads and redemption fees) for the specified time period relative to all funds in the same category. The highest (or most favorable) percentile rank is 1 and the lowest (or least favorable) percentile rank is 100. The top-performing fund in a category will always receive a rank of 1. Investors can’t invest directly in indices or averages, and their performance does not represent the performance of any AB mutual fund. Morningstar rankings are only one metric of performance and do not represent absolute performance of any particular fund.

All investments involve risk, including possible loss of principal. Please see each fund’s prospectus for fund risks. Funds with high rankings is not an indication of positive performance results.

Investors should consider the investment objectives, risks, charges and expenses of the Fund/Portfolio carefully before investing. For copies of our prospectus or summary prospectus, which contain this and other information, visit us online at www.abglobal.com or contact your AB Investments representative. Please read the prospectus and/or summary prospectus carefully before investing.

Morningstar ratings are specific metrics of performance and do not represent absolute performance of any fund. Morningstar ratings for the funds shown reflect performance as of June 30, 2017. The value of the Portfolio will fluctuate as the market fluctuates. The market values of the Portfolio’s holdings rise and fall from day to day, so investments may lose value. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Morningstar Rating is for the share class noted only; other classes may have different performance characteristics.

Core Opportunities was rated 4, 4 and 3 stars against 1277, 1152 and 803 funds in the category, for the 3-, 5- and 10-year periods, respectively. Discovery Growth was rated 3, 3 and 3 stars against 576, 502 and 370 funds in the category, for the 3-, 5- and 10-year periods, respectively. Large Cap Growth was rated 5, 5 and 5 stars against 1277, 1152 and 803 funds in the category, for the 3-, 5- and 10-year periods, respectively. Discovery Value was rated 3, 3 and 3 stars against 356, 310 and 217 funds in the category, for the 3-, 5- and 10-year periods, respectively. Relative Value was rated 4, 4 and 3 stars against 1091, 936 and 681 funds in the category, for the 3-, 5- and 10-year periods, respectively. Global Bond was rated 5 and 4 stars against 298 and 253 funds in the category for the 3- and 5-year periods, respectively. High Income was rated 5 and 5 stars against 590 and 474 funds in the category, for the 3- and 5-year periods, respectively. Intermediate Bond was rated 4, 4 and 4 stars against 856, 767 and 540 funds in the category, for the 3-, 5- and 10-year periods, respectively. Past performance is no guarantee of future results.

© 2017 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

The Fi360 Fiduciary Score® is a peer percentile ranking of an investment against a set of quantitative due diligence criteria selected to reflect prudent fiduciary management. The Fi360 Fiduciary Score should not be used as the sole source of information in an investment decision. Visit www.Fi360.com/Fi360-Fiduciary-Score for the complete methodology document.

“Fi360” and “Fi360 Fiduciary Score” are registered trademarks of Fi360, Inc. The Fi360 Fiduciary Score and data are copyright © 2017 Fi360, Inc. All Rights Reserved. Data source is © 2017 Morningstar, Inc. All Rights Reserved. The information contained herein is reprinted with permission of Fi360, Inc. The information (1) is proprietary to Fi360, and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Fi360 nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Retirement Plan Advisory Group™ (RPAG™) Scorecard System™ is a proprietary institutionally based investment scoring system that incorporates both quantitative and qualitative factors. The Scorecard score is based on 10 screens, which include style analysis, risk/return factors, peer group rankings, and certain qualitative factors. The Scorecard System is built around pass/fail criteria, on a scale of 0 to 10 (with 10 being the best). RPAG uses separate methodologies to assess active, passive, and asset allocation strategies. Active and asset allocation strategies are evaluated over a five-year time period, and passive strategies are evaluated over a three-year time period. The RPAG Score is calculated on a quarterly basis. The Score is 80% quantitative and 20% qualitative. Combined, these factors are one way of measuring the relative performance, characteristics, behavior, and overall appropriateness of a fund for inclusion into a plan as an investment option.

This web site is authorized for use only by registered investment professionals 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.

AllianceBernstein Investments, Inc. (ABI) is the distributor of the AB family of mutual funds. ABI is a member of FINRA and is an affiliate of AllianceBernstein L.P., the manager of the funds.

The [A/B] logo is a registered service mark of AllianceBernstein and AllianceBernstein is a registered service mark used by permission of the owner, AllianceBernstein L.P.

© AllianceBernstein L.P.

Investment Products Offered:

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