AB Emerging Market Local Currency Debt Portfolio

Strategy

Seeks to maximize total returns from a combination of price appreciation and income by:

  • Investing predominantly in a diversified basket of emerging-market (EM) local-currency sovereign-debt issues, while actively managing currency risk, with opportunistic allocations to EM hard-currency sovereign and corporate debt

  • Leveraging our extensive experience in EM-debt investing, utilizing fundamental and quantitative research capabilities with a global team of portfolio managers and traders

Portfolio Management Team

21 Years at AB
22 Years of Experience
2 Years at AB
18 Years of Experience



Pricing & Performance

  1. Annual Performance
  2. Calendar Year Performance
  3. Growth of Investment
  4. Daily Statistics

The Portfolio uses the benchmark shown for comparison purposes only. The Portfolio is actively managed and the Investment Manager is not constrained by its benchmark when implementing the Portfolio’s investment strategy.

Ongoing charges include fees and certain expenses of the Portfolio as of the most recent KIID, and may be subject to a cap which is reflected above if applicable.


Complete Portfolio of Holdings

Holdings are subject to change without notice.



Investment Risks to Consider

These and other risks are described in the Fund’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