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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

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

AllianceBernstein provides its investment management services in Canada through its affiliates Sanford C. Bernstein & Co. LLC and AllianceBernstein Canada, Inc. Shares of the AllianceBernstein Luxembourg funds described herein are not registered in Canada for public sale to Canadian resident investors. 

© AllianceBernstein L.P.