05/08/2026 | Press release | Distributed by Public on 05/08/2026 15:10
SUP-MULTI-0526
AB GOVERNMENT MONEY MARKET PORTFOLIO ("Government Money Market")
Class A (Ticker: AEAXX); Class C (Ticker: AECXX); Advisor Class (Ticker: AEYXX); Class I (Ticker: AIEXX); Class 1 (Ticker: AGRXX); Class AB (Ticker: MYMXX); Institutional Class (Ticker: GMOXX)
AB EQUITY FUNDS ("Equity Funds")
| - |
AB Growth Fund |
Class A (Ticker: AGRFX); Class C (Ticker: AGRCX); Class I (Ticker: AGFIX); Advisor Class (Ticker: AGRYX)
| - |
AB Large Cap Growth Fund |
Class A (Ticker: APGAX); Class C (Ticker: APGCX); Class I (Ticker: ALLIX); Advisor Class (Ticker: APGYX); Class Z (Ticker: APGZX)
| - |
AB Concentrated Growth Fund |
Class A (Ticker: WPASX); Class C (Ticker: WPCSX); Class I (Ticker: WPSIX); Advisor Class (Ticker: WPSGX); Class Z (Ticker: WPSZX)
| - |
AB Discovery Growth Fund |
Class A (Ticker: CHCLX); Class C (Ticker: CHCCX); Class I (Ticker: CHCIX); Advisor Class (Ticker: CHCYX); Class Z (Ticker: CHCZX)
| - |
AB Small Cap Growth Portfolio |
Class A (Ticker: QUASX); Class C (Ticker: QUACX); Class I (Ticker: QUAIX); Advisor Class (Ticker: QUAYX); Class Z (Ticker: QUAZX)
| - |
AB Select US Equity Portfolio |
Class A (Ticker: AUUAX); Class C (Ticker: AUUCX); Advisor Class (Ticker: AUUYX); Class I (Ticker: AUUIX)
| - |
AB Select US Long/Short Portfolio |
Class A (Ticker: ASLAX); Class C (Ticker: ASCLX); Advisor Class (Ticker: ASYLX); Class I (Ticker: ASILX)
| - |
AB Sustainable Global Thematic Fund |
Class A (Ticker: ALTFX); Class C (Ticker: ATECX); Class I (Ticker: AGTIX); Advisor Class (Ticker: ATEYX); Class Z (Ticker: ATEZX)
| - |
AB Sustainable International Thematic Fund |
Class A (Ticker: AWPAX); Class C (Ticker: AWPCX); Class I (Ticker: AWPIX); Advisor Class (Ticker: AWPYX); Class Z (Ticker: AWPZX)
| - |
AB Global Core Equity Portfolio |
Class A (Ticker: GCEAX); Class C (Ticker: GCECX); Advisor Class (Ticker: GCEYX)
| - |
AB International Growth Portfolio |
Class A (Ticker: CIAGX); Class C (Ticker: CICGX); Advisor Class (Ticker: CIGYX)
AB ACTIVE ETFs ("AB ETFs")
| - |
AB California Intermediate Municipal ETF |
(Ticker: CAM)
| - |
AB Conservative Buffer ETF |
(Ticker: BUFC)
| - |
AB Core Bond ETF |
(Ticker: CORB)
| - |
AB Core Plus Bond ETF |
(Ticker: CPLS)
| - |
AB Corporate Bond ETF |
(Ticker: EYEG)
| - |
AB Disruptors ETF |
(Ticker: FWD)
| - |
AB Emerging Markets Opportunities ETF |
(Ticker: EMOP)
| - |
AB High Yield ETF |
(Ticker: HYFI)
| - |
AB International Buffer ETF |
(Ticker: BUFI)
| - |
AB International Low Volatility Equity ETF |
(Ticker: ILOW)
| - |
AB International Growth ETF |
(Ticker: IGGY)
| - |
AB Moderate Buffer ETF |
(Ticker: BUFM)
| - |
AB New York Intermediate Municipal ETF |
(Ticker: NYM)
| - |
AB Short Duration High Yield ETF |
(Ticker: SYFI)
| - |
AB Short Duration Income ETF |
(Ticker: SDFI)
| - |
AB Tax-Aware Intermediate Municipal ETF |
(Ticker: TAFM)
| - |
AB Tax-Aware Long Municipal ETF |
(Ticker: TAFL)
| - |
AB Tax-Aware Short Duration Municipal ETF |
(Ticker: TAFI)
- AB Ultra Short Income ETF
(Ticker: YEAR)
- AB US Equity ETF
(Ticker: XCHG)
| - |
AB US High Dividend ETF |
(Ticker: HIDV)
| - |
AB US Large Cap Strategic Equities ETF |
(Ticker: LRGC)
| - |
AB US Low Volatility Equity ETF |
(Ticker: LOWV)
AB CORPORATE SHARES ("Corporate Shares")
| - |
AB Corporate Income Shares |
(Ticker: ACISX)
| - |
AB Impact Municipal Income Shares |
(Ticker: ABIMX)
| - |
AB Municipal Income Shares |
(Ticker: MISHX)
| - |
AB Municipal Income Shares C |
(Ticker: MICAX)
| - |
AB Municipal Income Shares N |
(Ticker: MISNX)
| - |
AB Taxable Multi-Sector Income Shares |
(Ticker: CSHTX)
AB EMERGING MARKETS MULTI-ASSET PORTFOLIO ("EMMA")
Class A (Ticker: ABAEX); Class C (Ticker: ABCEX); Advisor Class (Ticker: ABYEX); Class I (Ticker: ABIEX)
AB VARIABLE PRODUCTS SERIES FUND, INC. ("AVP")
| - |
Large Cap Growth Portfolio |
Class A; Class B
| - |
Relative Value Portfolio |
Class A; Class B
| - |
Sustainable Global Thematic Portfolio |
Class A; Class B
| - |
Small Cap Growth Portfolio |
Class A; Class B
| - |
International Value Portfolio |
Class A; Class B
| - |
Discovery Value Portfolio |
Class A; Class B
| - |
Balanced Hedged Allocation Portfolio |
Class A; Class B
| - |
Dynamic Asset Allocation Portfolio |
Class A; Class B
AB VALUE FUNDS ("Value Funds")
| - |
AB Large Cap Value Fund |
Class A (Ticker: ABVAX); Class C (Ticker: ABVCX); Class I (Ticker: ABVIX); Advisor Class (Ticker: ABVYX); Class Z (Ticker: ABVZX)
| - |
AB Discovery Value Fund |
Class A (Ticker: ABASX); Class C (Ticker: ABCSX); Class I (Ticker: ABSIX); Advisor Class (Ticker: ABYSX); Class Z (Ticker: ABSZX)
| - |
AB Relative Value Fund |
Class A (Ticker: CABDX); Class C (Ticker: CBBCX); Class I (Ticker: CBBIX); Advisor Class (Ticker: CBBYX); Class Z (Ticker: CBBZX)
| - |
AB Equity Income Fund |
Class A (Ticker: AUIAX); Class C (Ticker: AUICX); Class I (Ticker: AUIIX); Advisor Class (Ticker: AUIYX); Class Z (Ticker: AUIZX)
AB BOND FUNDS ("Bond Funds")
| - |
AB Income Fund |
Class A (Ticker: AKGAX); Class C (Ticker: AKGCX); Advisor Class (Ticker: ACGYX); Class Z (Ticker: ACGZX)
| - |
AB Tax-Aware Fixed Income Opportunities Portfolio |
Class A (Ticker: ATTAX); Class C (Ticker: ATCCX); Advisor Class (Ticker: ATTYX)
| - |
AB Sustainable Thematic Credit Portfolio |
Class A (Ticker: STHAX); Advisor Class (Ticker: STHYX)
| - |
AB High Income Fund |
Class A (Ticker: AGDAX); Class C (Ticker: AGDCX); Advisor Class (Ticker: AGDYX); Class I (Ticker: AGDIX); Class Z (Ticker: AGDZX)
| - |
AB Global Bond Fund |
Class A (Ticker: ANAGX); Class C (Ticker: ANACX); Advisor Class (Ticker: ANAYX); Class I (Ticker: ANAIX); Class Z (Ticker: ANAZX)
AB INFLATION STRATEGIES ("Inflation Strategies")
| - |
AB Bond Inflation Strategy |
Class A (Ticker: ABNAX); Class C (Ticker: ABNCX); Class I (Ticker: ANBIX); Advisor Class (Ticker: ABNYX); Class 1 (Ticker: ABNOX); Class 2 (Ticker: ABNTX); Class Z (Ticker: ABNZX)
| - |
AB Municipal Bond Inflation Strategy |
Class A (Ticker: AUNAX); Class C (Ticker: AUNCX); Advisor Class (Ticker: AUNYX); Class 1 (Ticker: AUNOX); Class 2 (Ticker: AUNTX)
| - |
AB All Market Real Return Portfolio |
Class A (Ticker: AMTAX); Class C (Ticker: ACMTX); Advisor Class (Ticker: AMTYX); Class 1 (Ticker: AMTOX); Class Z (Ticker: AMTZX)
AB WEALTH STRATEGIES ("Wealth Strategies")
- AB Wealth Appreciation Strategy
Class A (Ticker: AWAAX); Class C (Ticker: AWACX); Advisor Class (Ticker: AWAYX)
| - |
AB All Market Total Return Portfolio |
Class A (Ticker: ABWAX); Class C (Ticker: ABWCX); Class I (Ticker: ABWIX); Advisor Class (Ticker: ABWYX)
| - |
AB Sustainable Thematic Balanced Portfolio |
Class A (Ticker: ABPAX); Class C (Ticker: ABPCX); Class I (Ticker: APWIX); Advisor Class (Ticker: ABPYX); Class Z (Ticker: ABPZX)
| - |
AB Tax-Managed Wealth Appreciation Strategy |
Class A (Ticker: ATWAX); Class C (Ticker: ATWCX); Advisor Class (Ticker: ATWYX)
2
| - |
AB International Value Fund |
Class A (Ticker: ABIAX); Class C (Ticker: ABICX); Class I (Ticker: AIVIX); Advisor Class (Ticker: ABIYX)
| - |
AB Core Opportunities Fund |
Class A (Ticker: ADGAX); Class C (Ticker: ADGCX); Class I (Ticker: ADGIX); Advisor Class (Ticker: ADGYX); Class Z (Ticker: ADGZX)
| - |
AB Global Risk Allocation Fund |
Class A (Ticker: CABNX); Class C (Ticker: CBACX); Class I (Ticker: CABIX); Advisor Class (Ticker: CBSYX)
| - |
AB Small Cap Value Portfolio |
Class A (Ticker: SCAVX); Class C (Ticker: SCCVX); Advisor Class (Ticker: SCYVX)
| - |
AB All China Equity Portfolio |
Class A (Ticker: ACEAX); Advisor Class (Ticker: ACEYX)
| - |
AB Mid Cap Value Portfolio |
Class Z (Ticker: ABMVX)
AB MUNICIPAL INCOME PORTFOLIOS ("Municipal Portfolios")
| - |
AB National Portfolio |
Class A (Ticker: ALTHX); Class C (Ticker: ALNCX); Advisor Class (Ticker: ALTVX)
| - |
AB High Income Municipal Portfolio |
Class A (Ticker: ABTHX); Class C (Ticker: ABTFX); Advisor Class (Ticker: ABTYX); Class Z (Ticker: ABTZX)
| - |
AB California Portfolio |
Class A (Ticker: ALCAX); Class C (Ticker: ACACX); Advisor Class (Ticker: ALCVX)
| - |
AB Massachusetts Portfolio |
Class A (Ticker: AMAAX); Class C (Ticker: AMACX); Advisor Class (Ticker: AMAYX)
| - |
AB New York Portfolio |
Class A (Ticker: ALNYX); Class C (Ticker: ANYCX); Advisor Class (Ticker: ALNVX)
| - |
AB Virginia Portfolio |
Class A (Ticker: AVAAX); Class C (Ticker: AVACX); Advisor Class (Ticker: AVAYX)
SANFORD C. BERNSTEIN FUND, INC. ("SCB Funds")
| - |
Diversified Municipal Portfolio |
Class A (Ticker: AIDAX); Class C (Ticker: AIMCX); Diversified Municipal Class (Ticker: SNDPX); Advisor Class (Ticker: AIDYX); Class Z (Ticker: AIDZX)
| - |
AB Core Bond Portfolio |
Core Bond Class (Ticker: SNIDX); Class Z (Ticker: IDPZX)
| - |
Overlay A Portfolio |
Class 1 (Ticker: SAOOX); Class 2 (Ticker: SAOTX)
| - |
Tax-Aware Overlay A Portfolio |
Class 1 (Ticker: SATOX); Class 2 (Ticker: SATTX)
| - |
Overlay B Portfolio |
Class 1 (Ticker: SBOOX); Class 2 (Ticker: SBOTX)
| - |
Tax-Aware Overlay B Portfolio |
Class 1 (Ticker: SBTOX); Class 2 (Ticker: SBTTX)
AB INSTITUTIONAL FUNDS ("Institutional Funds")
| - |
AB Global Real Estate Investment Fund II |
(Class I-ARIIX)
| BERNSTEIN |
FUND, INC. ("Bernstein Funds") |
| - |
International Strategic Equities Portfolio |
SCB Class (Ticker: STESX); Advisor Class (Ticker: STEYX); Class Z (Ticker: STEZX)
| - |
International Small Cap Portfolio |
SCB Class (Ticker: IRCSX); Advisor Class (Ticker: IRCYX); Class Z (Ticker: IRCZX)
| - |
Small Cap Core Portfolio |
SCB Class (Ticker: SCRSX); Advisor Class (Ticker: SCRYX); Class Z (Ticker: SCRZX)
Each of the funds listed above is hereinafter referred to as a "Fund" or, collectively, the "Funds."
3
Supplement dated May 8, 2026 to the following Prospectuses (each, a "Prospectus"), as amended:
| Prospectus | Date | |
| Government Money Market |
August 29, 2025 |
|
| Equity Funds: AB Growth Fund, AB Large Cap Growth Fund, AB Concentrated Growth Fund, AB Discovery Growth Fund, AB Small Cap Growth Fund, AB Select US Equity Portfolio, AB Select US/Long Short Portfolio, AB Sustainable Global Thematic Fund, AB Sustainable International Thematic Fund, AB Global Core Equity Portfolio |
October 31, 2025 |
|
| Equity Funds: AB International Growth Portfolio |
October 31, 2025, as revised January 9, 2026 |
|
| Municipal Portfolios |
September 30, 2025 |
|
| AB ETFs: AB California Intermediate Municipal ETF, AB Conservative Buffer ETF, AB Core Bond ETF, AB Core Plus Bond ETF, AB Corporate Bond ETF, AB Disruptors ETF, AB High Yield ETF, AB International Buffer ETF, AB International Low Volatility Equity ETF, AB International Growth ETF, AB Moderate Buffer ETF, AB New York Intermediate Municipal ETF, AB Short Duration High Yield ETF, AB Short Duration Income ETF, AB Tax-Aware Intermediate Municipal ETF, AB Tax-Aware Long Municipal ETF, AB Tax-Aware Short Duration Municipal ETF, AB Ultra Short Income ETF, AB US High Dividend ETF, AB US Large Cap Strategic Equities ETF, AB US Low Volatility Equity ETF |
March 31, 2026 |
|
| AB ETFs: AB Emerging Markets Opportunities ETF |
May 31, 2025, as revised January 26, 2026 |
|
| AB ETFs: AB US Equity ETF |
October 25, 2025, as revised December 15, 2025 |
|
| Bond Funds: AB Tax-Aware Fixed Income Opportunities Portfolio, AB Sustainable Thematic Credit Portfolio, AB High Income Fund, AB Global Bond Fund |
January 29, 2026 |
|
| Bond Funds: AB Income Fund |
January 29, 2026, as revised April 6, 2026 |
|
| Corporate Shares: AB Corporate Income Shares, AB Impact Municipal Income Shares, AB Municipal Income Shares, AB Taxable Multi-Sector Income Shares |
August 29, 2025 |
|
| Corporate Shares: AB Municipal Income Shares C and AB Municipal Income Shares N |
January 27, 2026 |
4
| Prospectus | Date | |
| EMMA |
July 31, 2025 |
|
| AVP |
May 1, 2026 |
|
| Value Funds |
February 28, 2026 |
|
| Inflation Strategies |
January 31, 2026 |
|
| Wealth Strategies |
December 31, 2025, as revised January 7, 2026 |
|
| SCB Funds |
January 31, 2026 |
|
| Institutional Funds |
January 31, 2026 |
|
| Bernstein Funds |
January 31, 2026 |
* * * * *
On March 26, 2026, Equitable Holdings, Inc., a Delaware corporation ("Equitable"), the owner of AllianceBernstein L.P. (the "Adviser"), entered into an Agreement and Plan of Merger (the "Merger Agreement"), by and among Equitable, Corebridge Financial, Inc., a Delaware corporation ("Corebridge"), and various Corebridge subsidiaries. Equitable and Corebridge have agreed, subject to the terms and conditions of the Merger Agreement, to effect an all-stock merger transaction to combine their respective businesses into a newly formed company (the "Transaction").
Under the Investment Company Act of 1940, as amended (the "1940 Act"), an investment advisory agreement between a registered investment company, such as the Funds, and its investment adviser must include a provision providing for its automatic termination upon its "assignment" (as defined in the 1940 Act). The closing of the Transaction may be deemed an "assignment" of the investment advisory agreement between each Fund and the Adviser.
In anticipation of the closing of the Transaction and in order to ensure that the existing investment advisory services can continue uninterrupted following the Transaction, the Adviser recommended that the Board of Directors/Trustees of each Fund (each, a "Board" and collectively, the "Boards") consider and approve the new investment advisory agreements ("New Agreements"), as well as interim advisory agreements ("Interim Agreements"), to be effective in the event that stockholder approval of a New Agreement is not obtained as of the date of the Transaction.
At in-person meetings of the Boards held on May 5-7, 2026, the Boards voted unanimously to (i) approve the New Agreements and Interim Agreements for each Fund with the Adviser, the terms and conditions of which will be identical to those of the existing investment advisory agreements in all material respects, and (ii) recommend that each Fund's stockholders approve the New Agreements.
Approval of the New Agreements will be submitted for consideration and approval by stockholders of each Fund at an upcoming meeting of stockholders (the "Meeting"). In addition to the proposal seeking approval of the New Agreement, stockholders of each Fund will be asked at the Meeting to consider and vote upon the election of Directors/Trustees of the Fund.
* * * * *
This Supplement should be read in conjunction with the Prospectuses for the Funds.
You should retain this Supplement with your Prospectus(es) for future reference.
The [A/B] Logo is a service mark of AllianceBernstein and AllianceBernstein® is a registered trademark used by permission of the owner, AllianceBernstein L.P.
5
[THIS PAGE INTENTIONALLY LEFT BLANK]
[THIS PAGE INTENTIONALLY LEFT BLANK]
SUP-MULTI-0526