ALHAX : AB Limited Duration High Income Portfolio Class A

Fund Summary

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 invests on a global basis, including securities of issuers in both developed and emerging market countries.