Morningstar Magazine - June/July 2018 - 35

TALKING TO YOUR CLIENTS ABOUT
HIGHLY-RATED SOLUTIONS?
AB Intermediate Diversified
Municipal Portfolio (AIDYX)

AB Income Fund
(ACGYX)

AB Large Cap Growth Fund
(APGYX)

Rated Against 173 Muni National Short Funds

Rated Against 858 Intermediate-Term Bond Funds

Rated Against 1,213 Large Growth Funds

AB High Income Municipal
Portfolio (ABTYX)

AB Global Bond Fund
(ANAYX)

AB Sustainable Global
Thematic Fund (ATEYX)

Rated Against 146 High Yield Muni Funds

Rated Against 264 World Bond Funds

Rated Against 717 World Large Stock Funds

AB National Portfolio
(ALTVX)

AB High Income Fund
(AGDYX)

AB Discovery Growth Fund
(CHCYX)

Rated Against 257 Muni National Interm Funds

Rated Against 588 High Yield Bond Funds

Rated Against 549 Mid-Cap Growth Funds

Overall Morningstar Ratings™ Based on Risk-Adjusted Performance for Advisor shares as of 3/31/18.

START WITH AB
ABfunds.com

Investors should consider the investment objectives,
risks, charges and expenses of the Fund/Portfolio
carefully before investing. For copies of our prospectus
and/or summary prospectus, which contain this and
other information, visit us online at abfunds.com
or contact your AB representative. Please read the
prospectus and/or summary prospectus carefully
before investing.
Past performance does not guarantee future results. Investing involves
risk. The market values of the portfolio's holdings rise and fall from day
to day, so investments may lose value. Morningstar ratings are specific
metrics of performance and do not represent absolute performance
of any fund.
For each fund with at least a three-year history, Morningstar calculates
a Morningstar Rating based on a Morningstar Risk-Adjusted Return
measure that accounts for variation in a fund's monthly performance,
placing more emphasis on downward variations and rewarding
consistent performance. The top 10% of funds in each category receive
5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars,
the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each
share class is counted as a fraction of one fund within this scale and
rated separately, which may cause slight variations in the distribution

percentages.) The Overall Morningstar Rating for a fund is derived from
a weighted average of the performance figures associated with its three-,
five- and ten-year (if applicable) Morningstar Rating metrics.
© 2018 Morningstar, Inc. All Rights Reserved. The information contained
herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed;
and (3) is not warranted to be accurate, complete or timely. Neither
Morningstar nor its content providers are responsible for any damages
or losses arising from any use of this information.
AB Intermediate Diversified Municipal Portfolio was rated 4, 5 and 5
stars among 173, 158 and 96 funds in the category for the three-, fiveand 10-year periods, respectively.
AB High Income Municipal Portfolio was rated 4 stars against 146
and 122 funds in the category, for the three- and five-year periods
respectively.
AB National Portfolio was rated 5 stars against 257, 232 and 156 funds
in the category for the three-, five- and 10-year periods, respectively.
AB Global Bond Fund was rated 3, 4 and 4 stars against 264, 236 and
133 funds in the category for the three-, five- and 10-year periods,
respectively.
AB High Income Fund was rated 5, 4 and 5 stars against 588, 488
and 319 funds in the category for the three-, five- and 10-year
periods, respectively.

AB Income Fund was rated 5 stars against 858, 784 and 561 funds
in the category for the three-, five- and 10-year periods, respectively.
AB Large Cap Growth Fund was rated 4, 5 and 5 stars against 1,213,
1,099 and 779 funds in the category for the three-, five- and 10-year
periods, respectively.
AB Sustainable Global Thematic Fund was rated 4 and 5 stars against
717 and 591 funds in the category for the three- and five-year periods,
respectively.
AB Discovery Growth Fund was rated 4 stars against 549, 485 and
352 funds in the category for the for the three-, five- and 10-year
periods, respectively.
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. 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.
© 2018 AllianceBernstein L.P.
Investment Products Offered:
* Are Not FDIC Insured * May Lose Value
* Are Not Bank Guaranteed

http://www.ABfunds.com http://www.abfunds.com

Table of Contents for the Digital Edition of Morningstar Magazine - June/July 2018