The investment seeks the highest level of income that is available without assuming what the Adviser considers to be undue risk to principal.
The fund invests primarily in fixed-income securities, with an emphasis on corporate fixed-income securities rated below investment grade. It will maintain a dollar-weighted average duration of less than four years, although it may invest in individual fixed-income securities with durations in excess of four years. The fund will invest on a global basis, including securities of issuers in both developed and emerging market countries. It is non-diversified.
Links:  http://www.globalfunddata.com/funds/new/performance/management?variant=AllianceBernstein
 http://www.globalfunddata.com/funds/new/performance/domicile?variant=United States
 http://www.globalfunddata.com/funds/new/performance/fund_administrator?variant=AllianceBernstein LP
 http://www.globalfunddata.com/funds/new/performance/strategy?variant=High Yield Bond
 http://www.globalfunddata.com/funds/new/performance/structure?variant=Open Ended Investment Company
 http://www.globalfunddata.com/funds/new/performance/city?variant=New York___United States
 http://www.globalfunddata.com/funds/new/performance/country?variant=United States
 http://www.globalfunddata.com/funds/new/performance/custodian?variant=State Street Bank & Trust Co
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