The Fund seeks high risk-adjusted returns by building a fixed-income portfolio with an average duration of less than four years to reduce sensitivity to credit market sell-offs and interest rate moves, and by focusing on higher-rated issuers in the high-yield space.

AllianceBernstein (Luxembourg) S.à r.l.

AllianceBernstein L.P.

Global High Yield Bond

Morningstar Gbl HY Bd GR USD

Fixed Income

Bloomberg Global HY Corp TR USD

AB Short Duration High Yield I2 USD

AB Short Duration High Yield S1 USD

2023

2022

2021

2020

2019

FixedIncome

United States

United Kingdom

Canada

France

Germany

Luxembourg

Spain

Italy

Other countries

Unclassified

Bond - Corporate Bond

Mutual Fund - Open End

Bond - Asset Backed

Credit Default Swap

Bond - Gov't/Treasury

Bond - Gov't Agency CMO

Interest Rate Swap

Bond - Treasury Future

AB SICAV I Sust Euro Hi Yld S EUR

Bausch Plus Lomb Corp. 8.375% (2028-10-01 Maturity)

W. R. Grace Holdings Llc 4.875% (2027-06-15 Maturity)

LSB Industries Inc 7.2917% (2028-10-15 Maturity)

Service Properties Trust 8.375% (2029-06-15 Maturity)

Voc Escrow Ltd 5% (2028-02-15 Maturity)

Organon & Co 4.125% (2028-04-30 Maturity)

Jefferies Finance LLC/JFIN Co-Issuer Corp 5% (2028-08-15 Maturity)

Avis Budget Car Rental LLC/Avis Budget Finance Inc. 4.75% (2028-04-01 Maturity)

Ingevity Corporation 3.875% (2028-11-01 Maturity)