Strategy

Seeks to maximize total returns through current income and capital appreciation by:

  • Investing primarily in fixed-income securities issued by corporations domiciled in emerging markets; the Portfolio can also make use of quasi-sovereign and sovereign securities to improve liquidity

  • Applying a holistic approach to analyzing credit which considers macro, industry, and credit risks

  • Leveraging AB's emerging market and global credit process and experience, which uses a unique combination of fundamental and quantitative investment management

Portfolio Management Team




Investment Risks to Consider

These and other risks are described in the Portfolio's prospectus

Investment returns and principal value of the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Some of the principal risks of investing in the Fund include:

  • Corporate debt obligations risk
  • Derivatives risk
  • Emerging-markets risk
  • Fixed-income securities risk
  • Focused portfolio risk
  • Lower-rated and unrated instruments risk
  • OTC derivatives counterparty risk
  • Sovereign debt obligations risk
  • Structured instruments risk


Fund Literature