Overview

A core bond solution that encompasses a global, multi-sector, currency-hedged approach with less volatility

About this Fund

  • Global fixed-income strategy seeks to provide competitive risk-adjusted returns with lower volatility than US Aggregate and unhedged portfolios
  • Utilizes global bonds on currency-hedged basis to diversify duration risk and decrease volatility
  • Tactically allocates across all countries and sectors of the global fixed-income market

Investment Approach

  • Fixed-income securities across all sectors
  • Includes debt securities denominated in US dollars or local currencies from both developed and emerging markets

Meet the Team

Our technology platform allows us to take advantage. Technology coupled with our process gives us a competitive advantage in the marketplace.

Scott DiMaggio, CFA—Co-Head—Fixed Income; Director-Global Fixed Income

 
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Strategic Approach

Invest for Efficient Income

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Risks To Consider

  • Credit Risk: A bond's credit rating reflects the issuer's ability to make timely payments of interest or principal - the lower the rating, the higher the risk of default. If the issuer's financial strength deteriorates, the issuer's rating may be lowered and the bond's value may decline.

  • Derivatives Risk: Derivatives may be more sensitive to changes in market conditions and may amplify risks.

  • Diversification Risk: Portfolios that hold a smaller number of securities may be more volatile than more diversified portfolios, since gains or losses from each security will have a greater impact on the portfolio's overall value.

  • Foreign (Non-US) Risk: Non-US securities may be more volatile because of political, regulatory, market and economic uncertainties associated with such securities. Fluctuations in currency exchange rates may negatively affect the value of the investment or reduce returns. These risks are magnified in emerging or developing markets.

  • Inflation Risk: Prices for goods and services tend to rise over time, which may erode the purchasing power of investments.

  • Interest Rate Risk: As interest rates rise, bond prices fall and vice versa, long-term securities tend to rise and fall more than short-term securities.

  • Leverage Risk: Trying to enhance investment returns by borrowing money or using other leverage tools magnify both gains and losses, resulting in greater volatility.

  • Market Risk: The market values of the portfolio’s holdings rise and fall from day to day, so investments may lose value.

  • 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 our Literature Center or contact your AB representative. Please read the prospectus and/or summary prospectus carefully before investing.

    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. 

    AB 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.

    Investment Products Offered:

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

    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..


 

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