AB European Income S1 USD H Acc

The investment objective of the Portfolio is to achieve high total return by maximizing current income and, to the extent consistent with that objective, capital appreciation.
The Investment Manager intends to manage the Portfolio to maximize current income by taking advantage of market developments, yield disparities and variations in the creditworthiness of issuers. The Investment Manager expects that approximately 65% of the Portfolio's total assets will be invested in Investment Grade fixed-income securities, with approximately 35% of the Portfolio's total assets invested in securities that are rated below Investment Grade. However, the Portfolio will be authorized to invest up to 50% of its total assets in below Investment Grade fixed-income securities if the Investment Manager deems such investments appropriate in light of prevailing market conditions.

Key stats

Management firm  AllianceBernstein (Luxembourg) S.à r.l.
Domicile  Luxembourg
Fund Administrator  Brown Brothers Harriman (Lux) S.C.A.
Global Branding Name  AllianceBernstein
Fund currency  USD
Net Assets Date  2014-11-30
Net Assets  $1,950,775,490
Launch Date  2012-07-17
ISIN  LU0805983359
SEDOL  B86VPT6
Manager 1 Name  Jorgen Kjaersgaard
Fund Strategy  EUR Flexible Bond
Benchmark  Barclays Euro HY 2% Cons
Fund Structure  FCP
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2014-11-30
Return - 1 Month  1.14%
Return - 2 Months  1.48 %
Return - 3 Months  0.60%
Return - 6 Months  2.03 %
Return - 9 months  3.86 %
Return - 12 Months  6.36%
Annualized return 24 months  6.97 %
Annualized return 36 months  0.00 %
Annualized return 48 months  0.00 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  9.31%
Return YTD  6.36%

Charges

Initial  0.00 %
Minimum Investment  $20,000,000
Maximum Managment Charge  0.50 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  Suite 3401, 34/F
Contact Address 2  One International Finance Centre
Contact Address 3  1 Harbour View Street
Contact city  Hong Kong
Contact country  Hong Kong
Fund Admin Group  AllianceBernstein (Luxembourg) S.à r.l.
Web Address  www.alliancebernstein.com/investments
Custodian  Brown Brothers Harriman (Lux) S.C.A.
Phone  +65 6230 2600

Price

Last Price Date  2014-12-23
Pre-tax nav  18.61
Pre-tax offer  18.61
Pre-tax bid  18.61
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

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Ratings Disclaimer

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