As filed with the Securities and Exchange Commission on January 18, 2013
File No. 33-12988
811-05088
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933 | ¨ | |||
Pre-Effective Amendment No. | ¨ | |||
Post-Effective Amendment No. 85 | x |
and/or
REGISTRATION STATEMENT
UNDER
THE INVESTMENT COMPANY ACT OF 1940
Amendment No. 87 | x |
THE ALLIANCEBERNSTEIN PORTFOLIOS
(Exact Name of Registrant as Specified in Charter)
1345 Avenue of the Americas
New York, New York 10105
(Address of Principal Executive Office) (Zip Code)
Registrants Telephone Number, including Area Code:
(800) 221-5672
Emilie D. Wrapp
AllianceBernstein L.P.
1345 Avenue of the Americas
New York, New York 10105
(Name and address of agent for service)
Copies of communications to:
Kathleen K. Clarke
Seward & Kissel LLP
901 K Street, NW
Suite 800
Washington, DC 20001
It is proposed that this filing will become effective (check appropriate box):
¨ | immediately upon filing pursuant to paragraph (b) |
x | on January 18, 2013 pursuant to paragraph (b) |
¨ | 60 days after filing pursuant to paragraph (a)(1) |
¨ | on (date) pursuant to paragraph (a)(1) |
¨ | 75 days after filing pursuant to paragraph (a)(2) |
¨ | on (date) pursuant to paragraph (a)(2) of Rule 485. |
If appropriate, check the following box:
¨ | This post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
This Post-Effective Amendment No. 85 relates solely to the Class A, Class B, Class C, Class R, Class K, Class I and Advisor Class shares, as applicable, of the AllianceBernstein Wealth Appreciation Strategy, AllianceBernstein Balanced Wealth Strategy, AllianceBernstein Conservative Wealth Strategy, AllianceBernstein Tax-Managed Wealth Appreciation Strategy, AllianceBernstein Tax-Managed Balanced Wealth Strategy, and AllianceBernstein Tax-Managed Conservative Wealth Strategy. No information in the Registrants Registration Statement relating to the Class A, Class B, Class C, Class R, Class K, Class I and Advisor Class shares, as applicable, of the AllianceBernstein Growth Fund is amended or superseded.
SIGNATURE
Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Amendment to its Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City and State of New York, on the 18th day of January, 2013.
THE ALLIANCEBERNSTEIN PORTFOLIOS | ||
By: | Robert M. Keith* | |
Robert M. Keith | ||
President |
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:
Signature |
Title |
Date | ||||
(1) |
Principal Executive Officer: | |||||
Robert M. Keith* Robert M. Keith |
President and Chief Executive Officer |
January 18, 2013 | ||||
(2) |
Principal Financial and Accounting Officer: |
|||||
/s/ Joseph J. Mantineo Joseph J. Mantineo |
Treasurer and Chief Financial Officer |
January 18, 2013 | ||||
(3) |
All of the Directors: | |||||
John H. Dobkin* Michael J. Downey* William H. Foulk, Jr.* D. James Guzy* Nancy P. Jacklin* Garry L. Moody* Robert M. Keith* Marshall C. Turner, Jr.* Earl D. Weiner* |
||||||
*By: |
/s/ Stephen J. Laffey Stephen J. Laffey (Attorney-in-fact) |
January 18, 2013 |
Index to Exhibits
Exhibit No. |
Description of Exhibits | |
EX-101.INS | XBRL Instance Document | |
EX-101.SCH | XBRL Taxonomy Extension Schema Document | |
EX-101.CALC | XBRL Taxonomy Extension Calculation Linkbase | |
EX-101.DEF | XBRL Taxonomy Extension Definition Linkbase | |
EX-101.LAB | XBRL Taxonomy Extension Labels Linkbase | |
EX-101.PRE | XBRL Taxonomy Extension Presentation Linkbase |
Label | Element | Value | ||||||||||||
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
Registrant Name | dei_EntityRegistrantName | ALLIANCEBERNSTEIN PORTFOLIOS | ||||||||||||
Prospectus Date | rr_ProspectusDate | Dec. 31, 2012 | ||||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | ALLIANCEBERNSTEIN TAX-MANAGED WEALTH APPRECIATION STRATEGY | ||||||||||||
Objective [Heading] | rr_ObjectiveHeading | INVESTMENT OBJECTIVE | ||||||||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Strategy's investment objective is long-term growth of capital. | ||||||||||||
Expense [Heading] | rr_ExpenseHeading | FEES AND EXPENSES OF THE STRATEGY | ||||||||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the Strategy. You may qualify for sales charge reductions if you and members of your family invest, or agree to invest in the future, at least $100,000 in AllianceBernstein Mutual Funds. More information about these and other discounts is available from your financial intermediary and in Investing in the Strategies--Sales Charge Reduction Programs for Class A Shares on page 50 of this Prospectus and in Purchase of Shares--Sales Charge Reduction Programs for Class A Shares on page 99 of the Strategy's SAI. | ||||||||||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | SHAREHOLDER FEES (fees paid directly from your investment) | ||||||||||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | ANNUAL STRATEGY OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) |
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Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | PORTFOLIO TURNOVER | ||||||||||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Strategy pays transaction costs, such as commissions, when it buys or sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Strategy shares are held in a taxable account. These transaction costs, which are not reflected in the Annual Strategy Operating Expenses or in the Examples, affect the Strategy's performance. During the most recent fiscal year, the Strategy's portfolio turnover rate was 93% of the average value of its portfolio. | ||||||||||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 93.00% | ||||||||||||
Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | You may qualify for sales charge reductions if you and members of your family invest, or agree to invest in the future, at least $100,000 in AllianceBernstein Mutual Funds. | ||||||||||||
Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | 100,000 | ||||||||||||
Expense Example [Heading] | rr_ExpenseExampleHeading | EXAMPLES | ||||||||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The Examples are intended to help you compare the cost of investing in the Strategy with the cost of investing in other mutual funds. The Examples assume that you invest $10,000 in the Strategy for the time periods indicated and then redeem all of your shares at the end of these periods. The Examples also assume that your investment has a 5% return each year and that the Strategy's operating expenses stay the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: | ||||||||||||
Expense Example, No Redemption, By Year, Caption [Text] | rr_ExpenseExampleNoRedemptionByYearCaption | You would pay the following expenses if you did not redeem your shares at the end of the period: | ||||||||||||
Strategy [Heading] | rr_StrategyHeading | PRINCIPAL STRATEGIES: | ||||||||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Strategy invests in a portfolio of equity securities that is designed as a solution for investors who seek tax-efficient equity returns but also want broad diversification of the related risks across styles, capitalization ranges and geographic regions. In managing the Strategy, the Adviser efficiently diversifies between growth and value equity investment styles, and between U.S. and non-U.S. markets. Normally, the Strategy targets an equal weighting of growth and value style stocks (50% each), with approximately 60% of each equity style invested in U.S. companies and the remaining 40% in non-U.S. companies. The Adviser will allow the relative weightings of the Strategy's growth and value components, and U.S. and non-U.S. companies, to change in response to market conditions, but ordinarily only by (+/-)5% of the portfolio. Beyond those ranges, the Adviser will rebalance the portfolio toward the targeted blends. However, under extraordinary circumstances, such as when the Adviser believes that market conditions favoring one investment style are compelling, the range may expand to (+/-)10% of the portfolio. The Strategy invests approximately 20% of its assets in the Volatility Management Portfolio (the "Portfolio"), which is managed by the Adviser. The Portfolio is designed to reduce the overall effect of equity market volatility on the Strategy's portfolio and the effects of adverse market conditions on its performance. The Portfolio will normally be considered to be part of the Strategy's equity asset allocation. Under normal market conditions, the Portfolio will invest predominantly in equity securities. If the Adviser determines that the equity markets pose disproportionate risks, the Adviser will reduce the Portfolio's equity investments and invest in fixed-income securities or other non-equity asset classes to reduce the risks of the Strategy's investments in equity securities. The Adviser selects growth and value equity securities by drawing from a variety of its fundamental growth and value investment disciplines to produce a blended portfolio. Within each investment discipline, the Adviser is able to draw on the resources and expertise of multiple growth and value equity investment teams, specializing in different capitalization ranges and geographic regions (U.S. and non-U.S.), which are supported by equity research analysts specializing in growth research, and equity research analysts specializing in value research. Each growth investment team selects stocks using a process that seeks to identify companies with strong management, superior industry positions, excellent balance sheets and superior earnings growth prospects. This discipline relies heavily upon the fundamental analysis and research of the Adviser's large internal growth research staff, which follows over 1,500 U.S. and non-U.S. companies. The Adviser's growth analysts prepare their own earnings estimates and financial models for each company followed. Research emphasis is placed on identifying companies whose substantially above-average prospective earnings growth is not fully reflected in current market valuations. Each growth investment team constructs a portfolio that emphasizes equity securities of a limited number of carefully selected, high-quality companies that are judged likely to achieve superior earnings growth. Each value investment team seeks to identify companies whose long-term earnings power and dividend-paying capability are not reflected in the current market price of their securities. This fundamental value discipline relies heavily upon Bernstein's large internal value research staff, which follows over 1,500 U.S. and non-U.S. companies. Teams within the value research staff cover a given industry worldwide to better understand each company's competitive position in a global context. Bernstein's staff of company and industry analysts prepares its own earnings estimates and financial models for each company analyzed. Bernstein identifies and quantifies the critical variables that control a business's performance and analyzes the results in order to forecast each company's long-term prospects and expected returns. Through application of this value investment process, each value investment team constructs a portfolio that emphasizes equity securities of a limited number of value companies. The Strategy also may enter into forward commitments, make short sales of securities or maintain a short position, invest in rights or warrants, and may invest in the securities of companies in emerging markets. Currencies can have a dramatic impact on equity returns, significantly adding to returns in some years and greatly diminishing them in others. Currency and equity positions are evaluated separately. The Adviser may seek to hedge the currency exposure resulting from securities positions when it finds the currency exposure unattractive. To hedge all or a portion of its currency risk, the Strategy may, from time to time, invest in currency-related derivatives, including forward currency exchange contracts, futures, options on futures, swaps and options. The Adviser may also seek investment opportunities by taking long or short positions in currencies through the use of currency-related derivatives. The Strategy may enter into other derivatives transactions, such as options, futures contracts, forwards, and swaps. |
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Risk [Heading] | rr_RiskHeading | PRINCIPAL RISKS: | ||||||||||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock |
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Risk Lose Money [Text] | rr_RiskLoseMoney | As with all investments, you may lose money by investing in the Strategy. | ||||||||||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | BAR CHART AND PERFORMANCE INFORMATION | ||||||||||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and performance information provide an indication of the historical risk of an investment in the Strategy by showing:
The Strategy's past performance before and after taxes, of course, does not necessarily indicate how it will perform in the future. |
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Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The bar chart and performance information provide an indication of the historical risk of an investment in the Strategy by showing:
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Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | www.AllianceBernstein.com | ||||||||||||
Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | The Strategy's past performance before and after taxes, of course, does not necessarily indicate how it will perform in the future. | ||||||||||||
Bar Chart [Heading] | rr_BarChartHeading | BAR CHART | ||||||||||||
Bar Chart Narrative [Text Block] | rr_BarChartNarrativeTextBlock | The annual returns in the bar chart are for the Strategy's Class A shares and do not reflect sales loads. If sales loads were reflected, returns would be less than those shown. Through September 30, 2012, the year-to-date unannualized return for Class A shares was 10.64%. | ||||||||||||
Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | The annual returns in the bar chart are for the Strategy's Class A shares and do not reflect sales loads. | ||||||||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Calendar Year End (%) During the period shown in the bar chart, the Strategy's: BEST QUARTER WAS UP 18.95%, 3RD QUARTER, 2009; AND WORST QUARTER WAS DOWN -21.68%, 4TH QUARTER, 2008. |
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Performance Table Heading | rr_PerformanceTableHeading | PERFORMANCE TABLE AVERAGE ANNUAL TOTAL RETURNS (For the periods ended December 31, 2011) |
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Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | Are estimates based on the highest historical individual federal marginal income tax rates, and do not reflect the impact of state and local taxes; | ||||||||||||
Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | Are not relevant to investors who hold Strategy shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. | ||||||||||||
Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | Are shown for Class A shares only and will vary for Class B, Class C and Advisor Class shares because these Classes have different expense ratios; | ||||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy | CLASS A SHARES
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 4.25% | ||||||||||||
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | [1] | |||||||||||
Exchange Fee | rr_ExchangeFeeOverRedemption | none | ||||||||||||
Management Fees | rr_ManagementFeesOverAssets | 0.65% | ||||||||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.30% | ||||||||||||
Other Expenses: Transfer Agent | rr_Component1OtherExpensesOverAssets | 0.03% | ||||||||||||
Other Expenses | rr_Component2OtherExpensesOverAssets | 0.10% | ||||||||||||
Total Other Expenses | rr_OtherExpensesOverAssets | 0.13% | ||||||||||||
Total Annual Strategy Operating Expenses | rr_ExpensesOverAssets | 1.08% | ||||||||||||
After 1 Year | rr_ExpenseExampleYear01 | 530 | ||||||||||||
After 3 Years | rr_ExpenseExampleYear03 | 754 | ||||||||||||
After 5 Years | rr_ExpenseExampleYear05 | 995 | ||||||||||||
After 10 Years | rr_ExpenseExampleYear10 | 1,686 | ||||||||||||
2002 | rr_AnnualReturn2002 | |||||||||||||
2003 | rr_AnnualReturn2003 | |||||||||||||
2004 | rr_AnnualReturn2004 | 12.03% | ||||||||||||
2005 | rr_AnnualReturn2005 | 11.94% | ||||||||||||
2006 | rr_AnnualReturn2006 | 14.20% | ||||||||||||
2007 | rr_AnnualReturn2007 | 6.41% | ||||||||||||
2008 | rr_AnnualReturn2008 | (42.64%) | ||||||||||||
2009 | rr_AnnualReturn2009 | 29.08% | ||||||||||||
2010 | rr_AnnualReturn2010 | 9.48% | ||||||||||||
2011 | rr_AnnualReturn2011 | (8.43%) | ||||||||||||
Year to Date Return, Label | rr_YearToDateReturnLabel | year-to-date | ||||||||||||
Bar Chart, Year to Date Return, Date | rr_BarChartYearToDateReturnDate | Sep. 30, 2012 | ||||||||||||
Bar Chart, Year to Date Return | rr_BarChartYearToDateReturn | 10.64% | ||||||||||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | BEST QUARTER | ||||||||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Sep. 30, 2009 | ||||||||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 18.95% | ||||||||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | WORST QUARTER | ||||||||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Dec. 31, 2008 | ||||||||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (21.68%) | ||||||||||||
1 YEAR | rr_AverageAnnualReturnYear01 | (12.32%) | [2] | |||||||||||
5 YEARS | rr_AverageAnnualReturnYear05 | (5.43%) | [2] | |||||||||||
SINCE INCEPTION | rr_AverageAnnualReturnSinceInception | 1.92% | [2],[3] | |||||||||||
INCEPTION DATE | rr_AverageAnnualReturnInceptionDate | Sep. 02, 2003 | [2] | |||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy | CLASS B SHARES
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
Shareholder Fees Column [Text] | rr_ShareholderFeesColumnName | (NOT CURRENTLY OFFERED TO NEW INVESTORS) | ||||||||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 4.00% | [4] | |||||||||||
Exchange Fee | rr_ExchangeFeeOverRedemption | none | ||||||||||||
Management Fees | rr_ManagementFeesOverAssets | 0.65% | ||||||||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||
Other Expenses: Transfer Agent | rr_Component1OtherExpensesOverAssets | 0.07% | ||||||||||||
Other Expenses | rr_Component2OtherExpensesOverAssets | 0.10% | ||||||||||||
Total Other Expenses | rr_OtherExpensesOverAssets | 0.17% | ||||||||||||
Total Annual Strategy Operating Expenses | rr_ExpensesOverAssets | 1.82% | ||||||||||||
After 1 Year | rr_ExpenseExampleYear01 | 585 | ||||||||||||
After 3 Years | rr_ExpenseExampleYear03 | 773 | ||||||||||||
After 5 Years | rr_ExpenseExampleYear05 | 985 | ||||||||||||
After 10 Years | rr_ExpenseExampleYear10 | 1,943 | ||||||||||||
After 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 185 | ||||||||||||
After 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 573 | ||||||||||||
After 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 985 | ||||||||||||
After 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 1,943 | ||||||||||||
1 YEAR | rr_AverageAnnualReturnYear01 | (12.76%) | ||||||||||||
5 YEARS | rr_AverageAnnualReturnYear05 | (5.32%) | ||||||||||||
SINCE INCEPTION | rr_AverageAnnualReturnSinceInception | 1.73% | [3] | |||||||||||
INCEPTION DATE | rr_AverageAnnualReturnInceptionDate | Sep. 02, 2003 | ||||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy | CLASS C SHARES
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 1.00% | [5] | |||||||||||
Exchange Fee | rr_ExchangeFeeOverRedemption | none | ||||||||||||
Management Fees | rr_ManagementFeesOverAssets | 0.65% | ||||||||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||
Other Expenses: Transfer Agent | rr_Component1OtherExpensesOverAssets | 0.04% | ||||||||||||
Other Expenses | rr_Component2OtherExpensesOverAssets | 0.10% | ||||||||||||
Total Other Expenses | rr_OtherExpensesOverAssets | 0.14% | ||||||||||||
Total Annual Strategy Operating Expenses | rr_ExpensesOverAssets | 1.79% | ||||||||||||
After 1 Year | rr_ExpenseExampleYear01 | 282 | ||||||||||||
After 3 Years | rr_ExpenseExampleYear03 | 563 | ||||||||||||
After 5 Years | rr_ExpenseExampleYear05 | 970 | ||||||||||||
After 10 Years | rr_ExpenseExampleYear10 | 2,105 | ||||||||||||
After 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 182 | ||||||||||||
After 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 563 | ||||||||||||
After 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 970 | ||||||||||||
After 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 2,105 | ||||||||||||
1 YEAR | rr_AverageAnnualReturnYear01 | (9.94%) | ||||||||||||
5 YEARS | rr_AverageAnnualReturnYear05 | (5.30%) | ||||||||||||
SINCE INCEPTION | rr_AverageAnnualReturnSinceInception | 1.73% | [3] | |||||||||||
INCEPTION DATE | rr_AverageAnnualReturnInceptionDate | Sep. 02, 2003 | ||||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy | ADVISOR CLASS SHARES
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||||||||||
Exchange Fee | rr_ExchangeFeeOverRedemption | none | ||||||||||||
Management Fees | rr_ManagementFeesOverAssets | 0.65% | ||||||||||||
Distribution and/or Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||||||||
Other Expenses: Transfer Agent | rr_Component1OtherExpensesOverAssets | 0.03% | ||||||||||||
Other Expenses | rr_Component2OtherExpensesOverAssets | 0.10% | ||||||||||||
Total Other Expenses | rr_OtherExpensesOverAssets | 0.13% | ||||||||||||
Total Annual Strategy Operating Expenses | rr_ExpensesOverAssets | 0.78% | ||||||||||||
After 1 Year | rr_ExpenseExampleYear01 | 80 | ||||||||||||
After 3 Years | rr_ExpenseExampleYear03 | 249 | ||||||||||||
After 5 Years | rr_ExpenseExampleYear05 | 433 | ||||||||||||
After 10 Years | rr_ExpenseExampleYear10 | 966 | ||||||||||||
1 YEAR | rr_AverageAnnualReturnYear01 | (8.23%) | ||||||||||||
5 YEARS | rr_AverageAnnualReturnYear05 | (4.36%) | ||||||||||||
SINCE INCEPTION | rr_AverageAnnualReturnSinceInception | 2.74% | [3] | |||||||||||
INCEPTION DATE | rr_AverageAnnualReturnInceptionDate | Sep. 02, 2003 | ||||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy | Return After Taxes on Distributions | CLASS A SHARES
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
1 YEAR | rr_AverageAnnualReturnYear01 | (12.50%) | [2] | |||||||||||
5 YEARS | rr_AverageAnnualReturnYear05 | (5.67%) | [2] | |||||||||||
SINCE INCEPTION | rr_AverageAnnualReturnSinceInception | 1.73% | [2],[3] | |||||||||||
INCEPTION DATE | rr_AverageAnnualReturnInceptionDate | Sep. 02, 2003 | [2] | |||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy | Return After Taxes on Distributions and Sale of Strategy Shares | CLASS A SHARES
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
1 YEAR | rr_AverageAnnualReturnYear01 | (7.78%) | [2] | |||||||||||
5 YEARS | rr_AverageAnnualReturnYear05 | (4.52%) | [2] | |||||||||||
SINCE INCEPTION | rr_AverageAnnualReturnSinceInception | 1.67% | [2],[3] | |||||||||||
INCEPTION DATE | rr_AverageAnnualReturnInceptionDate | Sep. 02, 2003 | [2] | |||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy | S&P 500 Index (reflects no deduction for fees, expenses, or taxes)
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
1 YEAR | rr_AverageAnnualReturnYear01 | 2.11% | ||||||||||||
5 YEARS | rr_AverageAnnualReturnYear05 | (0.25%) | ||||||||||||
SINCE INCEPTION | rr_AverageAnnualReturnSinceInception | 4.61% | [3] | |||||||||||
INCEPTION DATE | rr_AverageAnnualReturnInceptionDate | Sep. 02, 2003 | ||||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy | MSCI ACWI Ex US Index (reflects no deduction for fees, expenses, or taxes)
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
1 YEAR | rr_AverageAnnualReturnYear01 | (13.71%) | ||||||||||||
5 YEARS | rr_AverageAnnualReturnYear05 | (2.92%) | ||||||||||||
SINCE INCEPTION | rr_AverageAnnualReturnSinceInception | 7.54% | [3] | |||||||||||
INCEPTION DATE | rr_AverageAnnualReturnInceptionDate | Sep. 02, 2003 | ||||||||||||
AllianceBernstein Tax-Managed Wealth Appreciation Strategy | 60% S&P 500 Index/40% MSCI ACWI Ex US Index (reflects no deduction for fees, expenses, or taxes)
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Risk/Return: | rr_RiskReturnAbstract | |||||||||||||
1 YEAR | rr_AverageAnnualReturnYear01 | (4.46%) | [6] | |||||||||||
5 YEARS | rr_AverageAnnualReturnYear05 | (1.21%) | [6] | |||||||||||
SINCE INCEPTION | rr_AverageAnnualReturnSinceInception | 5.88% | [3],[6] | |||||||||||
INCEPTION DATE | rr_AverageAnnualReturnInceptionDate | Sep. 02, 2003 | [6] | |||||||||||
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MZ)2NHQ7,_"T?\6R\(_\`8'L__1*5T^*I$O<3%&*X#6O$OB#0;VVL]1&E37&I
MHIMO(BD"63-=6UOAR7S.`;M6R!#GRB,+O^3H_"NHWMZVKV>J-;27FF7@M'GM
MXVBCFS!%,&$;,Q3`F"XW-DKGC.`7"QN8KE_A\`BV?A'_L$6G_HE*T=9\4>
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MI1U"VAT^*,49&X+D;B,@4`@D@$$@X/M3$&*,4FY=H;
Label
Element
Value
Risk/Return:
rr_RiskReturnAbstract
Registrant Name
dei_EntityRegistrantName
ALLIANCEBERNSTEIN PORTFOLIOS
Prospectus Date
rr_ProspectusDate
Dec. 31,
2012
Risk/Return:
rr_RiskReturnAbstract
Risk/Return [Heading]
rr_RiskReturnHeading
ALLIANCEBERNSTEIN CONSERVATIVE WEALTH STRATEGY
Objective [Heading]
rr_ObjectiveHeading
INVESTMENT OBJECTIVE
Objective, Primary [Text Block]
rr_ObjectivePrimaryTextBlock
The Strategy's investment objective is to achieve a high total return without, in the opinion of the Adviser, undue risk to principal.
Expense [Heading]
rr_ExpenseHeading
FEES AND EXPENSES OF THE STRATEGY
Expense Narrative [Text Block]
rr_ExpenseNarrativeTextBlock
This table describes the fees and expenses that you may pay if you buy and hold shares of the Strategy. You may qualify for sales charge reductions if you and members of your family invest, or agree to invest in the future, at least $100,000 in AllianceBernstein Mutual Funds. More information about these and other discounts is available from your financial intermediary and in Investing in the Strategies--Sales Charge Reduction Programs for Class A Shares on page 50 of this Prospectus and in Purchase of Shares--Sales Charge Reduction Programs for Class A Shares on page 99 of the Strategy's SAI.
Shareholder Fees Caption [Text]
rr_ShareholderFeesCaption
SHAREHOLDER FEES (fees paid directly from your investment)
Operating Expenses Caption [Text]
rr_OperatingExpensesCaption
ANNUAL STRATEGY OPERATING EXPENSES (expenses that you pay each year as a
percentage of the value of your investment)
Portfolio Turnover [Heading]
rr_PortfolioTurnoverHeading
PORTFOLIO TURNOVER
Portfolio Turnover [Text Block]
rr_PortfolioTurnoverTextBlock
The Strategy (or an Underlying Portfolio) pays transaction costs, such as commissions, when it buys or sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Strategy shares are held in a taxable account. These transaction costs, which are not reflected in the Annual Strategy Operating Expenses or in the Examples, affect the Strategy's performance. During the most recent fiscal year, the Strategy's portfolio turnover rate (which reflects only purchases and sales of the Underlying Portfolios) was 21% of the average value of its portfolio.
Portfolio Turnover, Rate
rr_PortfolioTurnoverRate
21.00%
Expense Breakpoint Discounts [Text]
rr_ExpenseBreakpointDiscounts
You may qualify for sales charge reductions if you and members of your family invest, or agree to invest in the future, at least $100,000 in AllianceBernstein Mutual Funds.
Expense Breakpoint, Minimum Investment Required [Amount]
rr_ExpenseBreakpointMinimumInvestmentRequiredAmount
100,000
Expense Example [Heading]
rr_ExpenseExampleHeading
EXAMPLES
Expense Example Narrative [Text Block]
rr_ExpenseExampleNarrativeTextBlock
The Examples are intended to help you compare the cost of investing in the Strategy with the cost of investing in other mutual funds. The Examples assume that you invest $10,000 in the Strategy for the time periods indicated and then redeem all of your shares at the end of these periods. The Examples also assume that your investment has a 5% return each year and that the Strategy's operating expenses stay the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, No Redemption, By Year, Caption [Text]
rr_ExpenseExampleNoRedemptionByYearCaption
You would pay the following expenses if you did not redeem your shares at the end of the period:
Strategy [Heading]
rr_StrategyHeading
PRINCIPAL STRATEGIES:
Strategy Narrative [Text Block]
rr_StrategyNarrativeTextBlock
The Strategy seeks to achieve its objective by investing in a combination of Underlying Portfolios representing a variety of asset classes and investment styles that are also managed by the Adviser. By allocating its assets among the Underlying Portfolios, the Strategy creates a portfolio that is designed as a solution for investors who seek some opportunities for equity returns without regard to taxes if the related risks are broadly diversified and overall portfolio volatility reflects a preponderance of debt securities. Through investments in the Underlying Portfolios, the Adviser efficiently diversifies between debt and equity components to produce the desired risk/return profile of the Strategy. The Strategy targets a weighting of approximately 35% in Underlying Portfolios that invest primarily in equity securities and approximately 65% in Underlying Portfolios that invest primarily in debt securities with a goal of providing reduced volatility and modest upside potential. The Strategy's investment in the Multi-Asset Real Return Underlying Portfolio is treated as 100% equity for the purpose of these allocations.
The following table shows the target percentages of its net assets that the Strategy will invest in each of the Underlying Portfolios indicated as of the date of this Prospectus. The Adviser will allow the relative weightings of the Strategy's investments in equity and debt, growth and value, and in U.S. and non-U.S. company Underlying Portfolios to vary in response to market conditions, but ordinarily only by (+/-)5% of the Strategy's net assets. Beyond those ranges, the Adviser will rebalance the Strategy toward the targeted blends. However, under extraordinary circumstances, such as when market conditions favoring one investment style are compelling, the range may expand to (+/-)10% of the Strategy's net assets. The Strategy's targeted percentages may change from time to time without notice to shareholders based on the Adviser's assessment of market conditions.
ASSET CLASS UNDERLYING PORTFOLIO TARGETED BLEND
------------------------------------------------------------------------------------------------------------------------
STOCK U.S. Large Cap Growth 5.50%
-----------------------------------------------------------------------------
U.S. Value 5.50%
-----------------------------------------------------------------------------
U.S. Small/Mid-Cap Growth 0.75%
-----------------------------------------------------------------------------
U.S. Small/Mid-Cap Value 0.75%
-----------------------------------------------------------------------------
International Growth 4.25%
-----------------------------------------------------------------------------
International Value 4.25%
-----------------------------------------------------------------------------
Volatility Management 12.50%
------------------------------------------------------------------------------------------------------------------------
REAL RETURN Multi-Asset Real Return 1.50%
------------------------------------------------------------------------------------------------------------------------
BOND Bond Inflation Protection 10.00%
------------------------------------------------------------------------------
Global Core Bond 27.50%
-------------------------------------------------------------------------------------------------------------------------
SHORT DURATION BOND Short Duration 27.50%
-------------------------------------------------------------------------------------------------------------------------
Within the Strategy's equity component, the targeted blend is an equal weighting of Underlying Portfolios that invest in growth and value style stocks (approximately 50% each), with approximately 60% of each equity style invested in Underlying Portfolios that invest in U.S. companies and the remaining 40% in Underlying Portfolios that invest in non-U.S. companies. The Strategy invests approximately 12% of its assets in the Volatility Management Underlying Portfolio, which is designed to reduce the overall effect of equity market volatility on the Strategy's portfolio and the effects of adverse market conditions on its performance. The Volatility Management Portfolio will normally be considered to be part of the Strategy's equity asset allocation. Under normal market conditions, this Underlying Portfolio will invest predominantly in equity securities. If the Adviser determines that the equity markets pose disproportionate risks, the Adviser will reduce this Underlying Portfolio's equity investments and invest in fixed-income securities or other non-equity asset classes to reduce the risks of the Strategy's investments in equity securities.
The Adviser selects growth and value equity securities by drawing from a variety of its fundamental growth and value investment disciplines to produce a blended equity component. Within each equity investment discipline, the Adviser is able to draw on the resources and expertise of multiple growth and value equity investment teams, specializing in different capitalization ranges and geographic regions (U.S. and non-U.S.), which are supported equity research analysts specializing in growth research, and equity research analysts specializing in value research.
Each growth investment team selects stocks using a process that seeks to identify companies with strong management, superior industry positions, excellent balance sheets and superior earnings growth prospects. This discipline relies heavily upon the fundamental analysis and research of the Adviser's large internal growth research staff, which follows over 1,500 U.S. and non-U.S. companies. The Adviser's growth analysts prepare their own earnings estimates and financial models for each company followed. Research emphasis is placed on identifying companies whose substantially above-average prospective earnings growth is not fully reflected in current market valuations. Each growth investment team constructs a portfolio that emphasizes equity securities of a limited number of carefully selected, high-quality companies that are judged likely to achieve superior earnings growth.
Each value investment team seeks to identify companies whose long-term earnings power and dividend paying capability are not reflected in the current market price of their securities. This fundamental value discipline relies heavily upon Bernstein's large internal value research staff, which follows over 1,500 U.S. and non-U.S. companies. Teams within the value research staff cover a given industry worldwide to better understand each company's competitive position in a global context. Bernstein's staff of company and industry analysts prepares its own earnings estimates and financial models for each company analyzed. Bernstein identifies and quantifies the critical variables that control a business's performance and analyzes the results in order to forecast each company's long-term prospects and expected returns. Through application of this value investment process, each value investment team constructs a portfolio that emphasizes equity securities of a limited number of value companies.
In selecting fixed-income investments, the Adviser may draw on the capabilities of separate investment teams that specialize in different areas that are generally defined by the maturity of the debt securities and/or their ratings, which may include subspecialties (such as inflation-protected securities). These fixed-income teams draw on the resources and expertise of the Adviser's large internal fixed-income research staff, which includes fixed-income research analysts and economists. All fixed-income securities of the Short Duration Bond Underlying Portfolio and Global Core Bond Underlying Portfolio in which the Strategy invests will be of investment grade at the time of purchase. In the event that the rating of any security held by these Underlying Portfolios falls below investment grade, the Strategy will not be obligated to dispose of its investment in such Underlying Portfolio and may continue to hold such investment if, in the opinion of the Adviser, such investment is appropriate under the circumstances.
Currencies can have a dramatic impact on equity returns, significantly adding to returns in some years and greatly diminishing them in others. Currency and equity positions are evaluated separately. The Adviser may seek to hedge the currency exposure resulting from securities positions when it finds the currency exposure unattractive. To hedge all or a portion of its currency risk, the Underlying Portfolios may, from time to time, invest in currency-related derivatives, including forward currency exchange contracts, futures, options on futures, swaps and options. The Adviser may also seek investment opportunities by taking long or short positions in currencies through the use of currency-related derivatives. The Underlying Portfolios may enter into other derivatives transactions, such as options, futures contracts, forwards, and swaps.
Risk [Heading]
rr_RiskHeading
PRINCIPAL RISKS:
Risk Narrative [Text Block]
rr_RiskNarrativeTextBlock
As with all investments, you may lose money by investing in the Strategy.
Risk Lose Money [Text]
rr_RiskLoseMoney
As with all investments, you may lose money by investing in the Strategy.
Bar Chart and Performance Table [Heading]
rr_BarChartAndPerformanceTableHeading
BAR CHART AND PERFORMANCE INFORMATION
Performance Narrative [Text Block]
rr_PerformanceNarrativeTextBlock
The bar chart and performance information provide an indication of the historical risk of an investment in the Strategy by showing:
You may obtain updated performance information on the Strategy's website at www.AllianceBernstein.com (click on "Individuals--U.S." then "Products & Performance").
The Strategy's past performance before and after taxes, of course, does not necessarily indicate how it will perform in the future.
Performance Information Illustrates Variability of Returns [Text]
rr_PerformanceInformationIllustratesVariabilityOfReturns
The bar chart and performance information provide an indication of the historical risk of an investment in the Strategy by showing:
Performance Availability Website Address [Text]
rr_PerformanceAvailabilityWebSiteAddress
www.AllianceBernstein.com
Performance Past Does Not Indicate Future [Text]
rr_PerformancePastDoesNotIndicateFuture
The Strategy's past performance before and after taxes, of course, does not necessarily indicate how it will perform in the future.
Bar Chart [Heading]
rr_BarChartHeading
BAR CHART
Bar Chart Narrative [Text Block]
rr_BarChartNarrativeTextBlock
The annual returns in the bar chart are for the Strategy's Class A shares and do not reflect sales loads. If sales loads were reflected, returns would be less than those shown. Through September 30, 2012, the year-to-date unannualized return for Class A shares was 5.73%.
Bar Chart Does Not Reflect Sales Loads [Text]
rr_BarChartDoesNotReflectSalesLoads
The annual returns in the bar chart are for the Strategy's Class A shares and do not reflect sales loads.
Bar Chart Closing [Text Block]
rr_BarChartClosingTextBlock
Calendar Year End (%)
During the period shown in the bar chart, the Strategy's:
BEST QUARTER WAS UP 9.90%, 3RD QUARTER, 2009; AND WORST QUARTER WAS DOWN -9.60%, 4TH QUARTER, 2008.
Performance Table Heading
rr_PerformanceTableHeading
PERFORMANCE TABLE
AVERAGE ANNUAL TOTAL RETURNS
(For the periods ended December 31, 2011)
Performance Table Uses Highest Federal Rate
rr_PerformanceTableUsesHighestFederalRate
Are estimates based on the highest historical individual federal marginal income tax rates, and do not reflect the impact of state and local taxes;
Performance Table Not Relevant to Tax Deferred
rr_PerformanceTableNotRelevantToTaxDeferred
Are not relevant to investors who hold Strategy shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
Performance Table One Class of after Tax Shown [Text]
rr_PerformanceTableOneClassOfAfterTaxShown
Are shown for Class A shares only and will vary for Class B, Class C and Advisor Class shares because these Classes have different expense ratios;
Risk/Return:
rr_RiskReturnAbstract
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
4.25%
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOfferingPrice
1.00%
[1]
Exchange Fee
rr_ExchangeFeeOverRedemption
none
Management Fees
rr_ManagementFeesOverAssets
0.55%
Distribution and/or Service (12b-1) Fees
rr_DistributionAndService12b1FeesOverAssets
0.30%
Other Expenses: Transfer Agent
rr_Component1OtherExpensesOverAssets
0.09%
Other Expenses
rr_Component2OtherExpensesOverAssets
0.08%
Total Other Expenses
rr_OtherExpensesOverAssets
0.17%
Acquired Fund Fees and Expenses (Underlying Portfolios)
rr_AcquiredFundFeesAndExpensesOverAssets
0.03%
Total Annual Strategy Operating Expenses
rr_ExpensesOverAssets
1.05%
After 1 Year
rr_ExpenseExampleYear01
528
After 3 Years
rr_ExpenseExampleYear03
745
After 5 Years
rr_ExpenseExampleYear05
980
After 10 Years
rr_ExpenseExampleYear10
1,653
2002
rr_AnnualReturn2002
2003
rr_AnnualReturn2003
2004
rr_AnnualReturn2004
8.06%
2005
rr_AnnualReturn2005
4.33%
2006
rr_AnnualReturn2006
9.58%
2007
rr_AnnualReturn2007
4.70%
2008
rr_AnnualReturn2008
(19.29%)
2009
rr_AnnualReturn2009
19.06%
2010
rr_AnnualReturn2010
8.59%
2011
rr_AnnualReturn2011
(0.05%)
Year to Date Return, Label
rr_YearToDateReturnLabel
year-to-date
Bar Chart, Year to Date Return, Date
rr_BarChartYearToDateReturnDate
Sep. 30,
2012
Bar Chart, Year to Date Return
rr_BarChartYearToDateReturn
5.73%
Highest Quarterly Return, Label
rr_HighestQuarterlyReturnLabel
BEST QUARTER
Highest Quarterly Return, Date
rr_BarChartHighestQuarterlyReturnDate
Sep. 30,
2009
Highest Quarterly Return
rr_BarChartHighestQuarterlyReturn
9.90%
Lowest Quarterly Return, Label
rr_LowestQuarterlyReturnLabel
WORST QUARTER
Lowest Quarterly Return, Date
rr_BarChartLowestQuarterlyReturnDate
Dec. 31,
2008
Lowest Quarterly Return
rr_BarChartLowestQuarterlyReturn
(9.60%)
1 YEAR
rr_AverageAnnualReturnYear01
(4.31%)
[2]
5 YEARS
rr_AverageAnnualReturnYear05
0.89%
[2]
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
3.69%
[2],[3]
INCEPTION DATE
rr_AverageAnnualReturnInceptionDate
Sep.
02,
2003
[2]
Risk/Return:
rr_RiskReturnAbstract
Shareholder Fees Column [Text]
rr_ShareholderFeesColumnName
(NOT CURRENTLY OFFERED TO NEW INVESTORS)
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOfferingPrice
4.00%
[4]
Exchange Fee
rr_ExchangeFeeOverRedemption
none
Management Fees
rr_ManagementFeesOverAssets
0.55%
Distribution and/or Service (12b-1) Fees
rr_DistributionAndService12b1FeesOverAssets
1.00%
Other Expenses: Transfer Agent
rr_Component1OtherExpensesOverAssets
0.12%
Other Expenses
rr_Component2OtherExpensesOverAssets
0.08%
Total Other Expenses
rr_OtherExpensesOverAssets
0.20%
Acquired Fund Fees and Expenses (Underlying Portfolios)
rr_AcquiredFundFeesAndExpensesOverAssets
0.03%
Total Annual Strategy Operating Expenses
rr_ExpensesOverAssets
1.78%
After 1 Year
rr_ExpenseExampleYear01
581
After 3 Years
rr_ExpenseExampleYear03
760
After 5 Years
rr_ExpenseExampleYear05
964
After 10 Years
rr_ExpenseExampleYear10
1,902
After 1 Year
rr_ExpenseExampleNoRedemptionYear01
181
After 3 Years
rr_ExpenseExampleNoRedemptionYear03
560
After 5 Years
rr_ExpenseExampleNoRedemptionYear05
964
After 10 Years
rr_ExpenseExampleNoRedemptionYear10
1,902
1 YEAR
rr_AverageAnnualReturnYear01
(4.70%)
5 YEARS
rr_AverageAnnualReturnYear05
1.04%
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
3.51%
[3]
INCEPTION DATE
rr_AverageAnnualReturnInceptionDate
Sep.
02,
2003
Risk/Return:
rr_RiskReturnAbstract
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOfferingPrice
1.00%
[5]
Exchange Fee
rr_ExchangeFeeOverRedemption
none
Management Fees
rr_ManagementFeesOverAssets
0.55%
Distribution and/or Service (12b-1) Fees
rr_DistributionAndService12b1FeesOverAssets
1.00%
Other Expenses: Transfer Agent
rr_Component1OtherExpensesOverAssets
0.10%
Other Expenses
rr_Component2OtherExpensesOverAssets
0.08%
Total Other Expenses
rr_OtherExpensesOverAssets
0.18%
Acquired Fund Fees and Expenses (Underlying Portfolios)
rr_AcquiredFundFeesAndExpensesOverAssets
0.03%
Total Annual Strategy Operating Expenses
rr_ExpensesOverAssets
1.76%
After 1 Year
rr_ExpenseExampleYear01
279
After 3 Years
rr_ExpenseExampleYear03
554
After 5 Years
rr_ExpenseExampleYear05
954
After 10 Years
rr_ExpenseExampleYear10
2,073
After 1 Year
rr_ExpenseExampleNoRedemptionYear01
179
After 3 Years
rr_ExpenseExampleNoRedemptionYear03
554
After 5 Years
rr_ExpenseExampleNoRedemptionYear05
954
After 10 Years
rr_ExpenseExampleNoRedemptionYear10
2,073
1 YEAR
rr_AverageAnnualReturnYear01
(1.75%)
5 YEARS
rr_AverageAnnualReturnYear05
1.06%
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
3.49%
[3]
INCEPTION DATE
rr_AverageAnnualReturnInceptionDate
Sep.
02,
2003
Risk/Return:
rr_RiskReturnAbstract
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOfferingPrice
none
Exchange Fee
rr_ExchangeFeeOverRedemption
none
Management Fees
rr_ManagementFeesOverAssets
0.55%
Distribution and/or Service (12b-1) Fees
rr_DistributionAndService12b1FeesOverAssets
none
Other Expenses: Transfer Agent
rr_Component1OtherExpensesOverAssets
0.09%
Other Expenses
rr_Component2OtherExpensesOverAssets
0.08%
Total Other Expenses
rr_OtherExpensesOverAssets
0.17%
Acquired Fund Fees and Expenses (Underlying Portfolios)
rr_AcquiredFundFeesAndExpensesOverAssets
0.03%
Total Annual Strategy Operating Expenses
rr_ExpensesOverAssets
0.75%
After 1 Year
rr_ExpenseExampleYear01
77
After 3 Years
rr_ExpenseExampleYear03
240
After 5 Years
rr_ExpenseExampleYear05
417
After 10 Years
rr_ExpenseExampleYear10
930
1 YEAR
rr_AverageAnnualReturnYear01
0.17%
5 YEARS
rr_AverageAnnualReturnYear05
2.07%
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
4.53%
[3]
INCEPTION DATE
rr_AverageAnnualReturnInceptionDate
Sep.
02,
2003
Risk/Return:
rr_RiskReturnAbstract
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOfferingPrice
none
Exchange Fee
rr_ExchangeFeeOverRedemption
none
Management Fees
rr_ManagementFeesOverAssets
0.55%
Distribution and/or Service (12b-1) Fees
rr_DistributionAndService12b1FeesOverAssets
0.50%
Other Expenses: Transfer Agent
rr_Component1OtherExpensesOverAssets
0.26%
Other Expenses
rr_Component2OtherExpensesOverAssets
0.08%
Total Other Expenses
rr_OtherExpensesOverAssets
0.34%
Acquired Fund Fees and Expenses (Underlying Portfolios)
rr_AcquiredFundFeesAndExpensesOverAssets
0.03%
Total Annual Strategy Operating Expenses
rr_ExpensesOverAssets
1.42%
After 1 Year
rr_ExpenseExampleYear01
145
After 3 Years
rr_ExpenseExampleYear03
449
After 5 Years
rr_ExpenseExampleYear05
776
After 10 Years
rr_ExpenseExampleYear10
1,702
1 YEAR
rr_AverageAnnualReturnYear01
(0.49%)
5 YEARS
rr_AverageAnnualReturnYear05
1.38%
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
3.89%
[3]
INCEPTION DATE
rr_AverageAnnualReturnInceptionDate
Feb. 17,
2004
Risk/Return:
rr_RiskReturnAbstract
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOfferingPrice
none
Exchange Fee
rr_ExchangeFeeOverRedemption
none
Management Fees
rr_ManagementFeesOverAssets
0.55%
Distribution and/or Service (12b-1) Fees
rr_DistributionAndService12b1FeesOverAssets
0.25%
Other Expenses: Transfer Agent
rr_Component1OtherExpensesOverAssets
0.17%
Other Expenses
rr_Component2OtherExpensesOverAssets
0.08%
Total Other Expenses
rr_OtherExpensesOverAssets
0.25%
Acquired Fund Fees and Expenses (Underlying Portfolios)
rr_AcquiredFundFeesAndExpensesOverAssets
0.03%
Total Annual Strategy Operating Expenses
rr_ExpensesOverAssets
1.08%
After 1 Year
rr_ExpenseExampleYear01
110
After 3 Years
rr_ExpenseExampleYear03
343
After 5 Years
rr_ExpenseExampleYear05
595
After 10 Years
rr_ExpenseExampleYear10
1,317
1 YEAR
rr_AverageAnnualReturnYear01
(0.07%)
5 YEARS
rr_AverageAnnualReturnYear05
1.75%
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
4.21%
[3]
INCEPTION DATE
rr_AverageAnnualReturnInceptionDate
Mar.
01,
2005
Risk/Return:
rr_RiskReturnAbstract
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice
none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower)
rr_MaximumDeferredSalesChargeOverOfferingPrice
none
Exchange Fee
rr_ExchangeFeeOverRedemption
none
Management Fees
rr_ManagementFeesOverAssets
0.55%
Distribution and/or Service (12b-1) Fees
rr_DistributionAndService12b1FeesOverAssets
none
Other Expenses: Transfer Agent
rr_Component1OtherExpensesOverAssets
0.10%
Other Expenses
rr_Component2OtherExpensesOverAssets
0.08%
Total Other Expenses
rr_OtherExpensesOverAssets
0.18%
Acquired Fund Fees and Expenses (Underlying Portfolios)
rr_AcquiredFundFeesAndExpensesOverAssets
0.03%
Total Annual Strategy Operating Expenses
rr_ExpensesOverAssets
0.76%
After 1 Year
rr_ExpenseExampleYear01
78
After 3 Years
rr_ExpenseExampleYear03
243
After 5 Years
rr_ExpenseExampleYear05
422
After 10 Years
rr_ExpenseExampleYear10
942
1 YEAR
rr_AverageAnnualReturnYear01
0.22%
5 YEARS
rr_AverageAnnualReturnYear05
2.06%
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
4.53%
[3]
INCEPTION DATE
rr_AverageAnnualReturnInceptionDate
Mar.
01,
2005
Risk/Return:
rr_RiskReturnAbstract
1 YEAR
rr_AverageAnnualReturnYear01
(4.88%)
[2]
5 YEARS
rr_AverageAnnualReturnYear05
(0.05%)
[2]
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
2.79%
[2],[3]
INCEPTION DATE
rr_AverageAnnualReturnInceptionDate
Sep.
02,
2003
[2]
Risk/Return:
rr_RiskReturnAbstract
1 YEAR
rr_AverageAnnualReturnYear01
(2.64%)
[2]
5 YEARS
rr_AverageAnnualReturnYear05
0.29%
[2]
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
2.70%
[2],[3]
INCEPTION DATE
rr_AverageAnnualReturnInceptionDate
Sep.
02,
2003
[2]
Risk/Return:
rr_RiskReturnAbstract
1 YEAR
rr_AverageAnnualReturnYear01
7.84%
5 YEARS
rr_AverageAnnualReturnYear05
6.50%
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
5.67%
[3]
Risk/Return:
rr_RiskReturnAbstract
1 YEAR
rr_AverageAnnualReturnYear01
2.11%
5 YEARS
rr_AverageAnnualReturnYear05
(0.25%)
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
4.61%
[3]
Risk/Return:
rr_RiskReturnAbstract
1 YEAR
rr_AverageAnnualReturnYear01
6.11%
[6]
5 YEARS
rr_AverageAnnualReturnYear05
4.52%
[6]
SINCE INCEPTION
rr_AverageAnnualReturnSinceInception
5.59%
[3],[6]
[1]
Purchases of Class A shares in amounts of $1,000,000 or more, or by certain group retirement plans, may be subject to a 1%, 1-year CDSC which may be subject to waiver in certain circumstances.
[2]
After-tax returns: -Are shown for Class A shares only and will vary for Class B, Class C and Advisor Class shares because these Classes have different expense ratios; -Are estimates based on the highest historical individual federal marginal income tax rates, and do not reflect the impact of state and local taxes; actual after-tax returns depend on an individual investor's tax situation and are likely to differ from those shown; and -Are not relevant to investors who hold Strategy shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
[3]
Inception Date for Class A, B, C and Advisor Class shares: 9/2/03, for Class R shares: 2/17/04, for Class K and Class I shares: 3/1/05. Performance information for periods prior to the inception of Class R, Class K and Class I shares is the performance of the Strategy's Class A shares adjusted to reflect the higher expense ratio of Class R shares and the lower expense ratio of Class K and Class I shares, respectively.
[4]
Class B shares automatically convert to Class A shares after eight years. The CDSC decreases over time. For Class B shares the CDSC decreases 1.00% annually to 0% after the fourth year.
[5]
For Class C shares the CDSC is 0% after the first year.
[6]
The information in the 65% Barclays Capital U.S. Aggregate Bond Index/35% S&P 500 Index shows how the Strategy's performance compares with the returns of an index of securities similar to those in which the Strategy invests.
Label
Element
Value
Risk/Return:
rr_RiskReturnAbstract
Registrant Name
dei_EntityRegistrantName
ALLIANCEBERNSTEIN PORTFOLIOS
Prospectus Date
rr_ProspectusDate
Dec. 31,
2012
Document Creation Date
dei_DocumentCreationDate
Dec. 28,
2012
AllianceBernstein Tax-Managed Conservative Wealth Strategy
ALLIANCEBERNSTEIN TAX-MANAGED CONSERVATIVE WEALTH STRATEGY
INVESTMENT OBJECTIVE
The Strategy's investment objective is to achieve a high total return without, in the opinion of the Adviser, undue risk to principal.
FEES AND EXPENSES OF THE STRATEGY
This table describes the fees and expenses that you may pay if you buy and hold shares of the Strategy. You may qualify for sales charge reductions if you and members of your family invest, or agree to invest in the future, at least $100,000 in AllianceBernstein Mutual Funds. More information about these and other discounts is available from your financial intermediary and in Investing in the Strategies--Sales Charge Reduction Programs for Class A Shares on page 50 of this Prospectus and in Purchase of Shares--Sales Charge Reduction Programs for Class A Shares on page 99 of the Strategy's SAI.
SHAREHOLDER FEES (fees paid directly from your investment)
Shareholder Fees Column [Text]
(NOT CURRENTLY OFFERED TO NEW INVESTORS)
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
4.25%
none
none
none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower)
none
[1]
4.00%
[2]
1.00%
[3]
none
Exchange Fee
none
none
none
none
[1]
Purchases of Class A shares in amounts of $1,000,000 or more may be subject to a 1%, 1-year CDSC, which may be subject to waiver in certain circumstances.
[2]
Class B shares automatically convert to Class A shares after eight years. The CDSC decreases over time. For Class B shares the CDSC decreases 1.00% annually to 0% after the fourth year.
[3]
For Class C shares the CDSC is 0% after the first year.
ANNUAL STRATEGY OPERATING EXPENSES (expenses that you pay each year as a
percentage of the value of your investment)
Management Fees
0.55%
0.55%
0.55%
0.55%
Distribution and/or Service (12b-1) Fees
0.30%
1.00%
1.00%
none
Other Expenses: Transfer Agent
0.09%
0.13%
0.09%
0.09%
Other Expenses
0.53%
0.52%
0.53%
0.53%
Total Other Expenses
0.62%
0.65%
0.62%
0.62%
Total Annual Strategy Operating Expenses
1.47%
2.20%
2.17%
1.17%
Fee Waiver and/or Expense Reimbursement
[1]
(0.27%)
(0.30%)
(0.27%)
(0.27%)
Total Annual Strategy Operating Expenses After Fee Waiver and/or Expense Reimbursement
1.20%
1.90%
1.90%
0.90%
[1]
The fee waiver and/or expense reimbursement agreement will remain in effect until December 31, 2012 and will continue thereafter from year-to-year unless the Adviser provides notice of termination to the Strategy 60 days prior to that date.
EXAMPLES
The Examples are intended to help you compare the cost of investing in the Strategy with the cost of investing in other mutual funds. The Examples assume that you invest $10,000 in the Strategy for the time periods indicated and then redeem all of your shares at the end of these periods. The Examples also assume that your investment has a 5% return each year, that the Strategy's operating expenses stay the same and that the fee waiver is in effect only for the first year. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
After 1 Year
542
593
293
92
After 3 Years
845
859
653
345
After 5 Years
1,169
1,152
1,140
618
After 10 Years
2,086
2,325
2,482
1,396
You would pay the following expenses if you did not redeem your shares at the
end of the period:
After 1 Year
193
193
After 3 Years
659
653
After 5 Years
1,152
1,140
After 10 Years
2,325
2,482
PORTFOLIO TURNOVER
The Strategy pays transactions costs, such as commissions, when it buys or sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Strategy shares are held in a taxable account. These transaction costs, which are not reflected in the Annual Strategy Operating Expenses or in the Examples, affect the Strategy's performance. During the most recent fiscal year, the Strategy's portfolio turnover rate was 51% of the average value of its portfolio.
PRINCIPAL STRATEGIES
The Strategy invests in a portfolio of equity and debt securities that is designed as a solution for investors who seek some opportunity for tax-efficient equity returns if the related risks are broadly diversified and overall portfolio volatility reflects a preponderance of debt securities. The Strategy targets a weighting of 30% equity securities and 70% tax-exempt debt securities with a goal of providing reduced volatility and modest upside potential. In managing the Strategy, the Adviser efficiently diversifies between the debt and equity components to produce the desired risk/return profile of the Strategy. Within the equity component, the Strategy's targeted blend is an equal weighting of growth and value style stocks (50% each), with approximately 60% of each equity style invested in U.S. companies and the remaining 40% in non-U.S. companies. The Adviser will allow the relative weightings of the Strategy's debt and equity components, the equity component's growth and value weightings and U.S. and non-U.S. companies (and the equity subcomponents defined by capitalization ranges) to change in response to market conditions, but ordinarily only by (+/-)5% of the portfolio. However, under extraordinary circumstances, such as when market conditions favoring one investment style are compelling, the range may expand to (+/-)10% of the portfolio.
The Strategy invests approximately 10% of its assets in the Volatility Management Portfolio (the "Portfolio"), which is managed by the Adviser. The Portfolio is designed to reduce the overall effect of equity market volatility on the Strategy's portfolio and the effects of adverse market conditions on its performance. The Portfolio will normally be considered to be part of the Strategy's equity asset allocation. Under normal market conditions, the Portfolio will invest predominantly in equity securities. If the Adviser determines that the equity markets pose disproportionate risks, the Adviser will reduce the Portfolio's equity investments and invest in fixed-income securities or other non-equity asset classes to reduce the risks of the Strategy's investments in equity securities.
The Adviser selects growth and value equity securities by drawing from a variety of its fundamental growth and value investment disciplines to produce a blended equity component. Within each equity investment discipline, the Adviser is able to draw on the resources and expertise of multiple growth and value equity investment teams, specializing in different capitalization ranges and geographic regions (U.S. and non-U.S.), which are supported by equity research analysts specializing in growth research, and equity research analysts specializing in value research.
Each growth investment team selects stocks using a process that seeks to identify companies with strong management, superior industry positions, excellent balance sheets and superior earnings growth prospects. This discipline relies heavily upon the fundamental analysis and research of the Adviser's large internal growth research staff, which follows over 1,500 U.S. and non-U.S. companies. The Adviser's growth analysts prepare their own earnings estimates and financial models for each company followed. Research emphasis is placed on identifying companies whose substantially above-average prospective earnings growth is not fully reflected in current market valuations. Each growth investment team constructs a portfolio that emphasizes equity securities of a limited number of carefully selected, high-quality companies that are judged likely to achieve superior earnings growth.
Each value investment team seeks to identify companies whose long-term earnings power and dividend-paying capability are not reflected in the current market price of their securities. This fundamental value discipline relies heavily upon Bernstein's large internal value research staff, which follows over 1,500 U.S. and non-U.S. companies. Teams within the value research staff cover a given industry worldwide to better understand each company's competitive position in a global context. Bernstein's staff of company and industry analysts prepares its own earnings estimates and financial models for each company analyzed. Bernstein identifies and quantifies the critical variables that control a business's performance and analyzes the results in order to forecast each company's long-term prospects and expected returns. Through application of this value investment process, each value investment team constructs a portfolio that emphasizes equity securities of a limited number of value companies.
In selecting tax-exempt fixed-income investments for the Strategy, the Adviser may draw on the capabilities of separate investment teams that specialize in different areas that are generally defined by the maturity of the debt securities and/or their ratings and that may include subspecialties. In selecting debt securities for the Strategy, these fixed-income teams draw on the resources and expertise of the Adviser's large internal fixed-income research staff, which includes fixed-income research analysts and economists. All fixed-income securities held by the Strategy will be of investment grade at the time of purchase. In the event that the rating of any security held by the Strategy falls below investment grade, the Strategy will not be obligated to dispose of such security and may continue to hold the obligation if, in the opinion of the Adviser, such investment is appropriate under the circumstances.
With the goal of protecting against inflation risk, the Strategy may (i) allocate approximately 10% of the Strategy's portfolio from traditional municipal bonds to inflation-protected securities, including inflation-protected municipal securities, (ii) enter into inflation (CPI) swap agreements or other types of swap agreements that the Adviser believes offer protection against inflation risk, with a combined notional amount of approximately 10% of the Strategy's assets, or (iii) use a combination of the foregoing so that approximately 10% of the Strategy's assets are "inflation-protected".
The Strategy also may enter into forward commitments, make short sales of securities or maintain a short position, invest in rights or warrants, and invest up to 10% of its total assets in the securities of companies in emerging markets.
Currencies can have a dramatic impact on equity returns, significantly adding to returns in some years and greatly diminishing them in others. Currency and equity positions are evaluated separately. The Adviser may seek to hedge the currency exposure resulting from securities positions when it finds the currency exposure unattractive. To hedge all or a portion of its currency risk, the Strategy may, from time to time, invest in currency-related derivatives, including forward currency exchange contracts, futures, options on futures, swaps and options. The Adviser may also seek investment opportunities by taking long or short positions in currencies through the use of currency-related derivatives. The Strategy may enter into other derivatives transactions, such as options, futures contracts, forwards, and swaps.
PRINCIPAL RISKS:
As with all investments, you may lose money by investing in the Strategy.
BAR CHART AND PERFORMANCE INFORMATION
The bar chart and performance information provide an indication of the historical risk of an investment in the Strategy by showing:
You may obtain updated performance information on the Strategy's website at www.AllianceBernstein.com (click on "Individuals--U.S." then "Products & Performance").
The Strategy's past performance before and after taxes, of course, does not necessarily indicate how it will perform in the future.
BAR CHART
The annual returns in the bar chart are for the Strategy's Class A shares and do not reflect sales loads. If sales loads were reflected, returns would be less than those shown. Through September 30, 2012, the year-to-date unannualized return for Class A shares was 4.56%.
Calendar Year End (%)
During the period shown in the bar chart, the Strategy's:
BEST QUARTER WAS UP 7.48%, 3RD QUARTER, 2009; AND WORST QUARTER WAS DOWN
-5.94%, 4TH QUARTER, 2008.
PERFORMANCE TABLE
AVERAGE ANNUAL TOTAL RETURNS
(For the periods ended December 31, 2011)
[1]
(4.02%)
0.44%
2.50%
[1]
(4.10%)
0.25%
2.21%
[1]
(2.12%)
0.56%
2.19%
(4.39%)
0.61%
2.36%
(1.51%)
0.61%
2.22%
0.56%
[2]
1.63%
[2]
3.25%
[2]
Sep.
02,
2003
6.91%
5.66%
4.87%
2.11%
(0.25%)
2.92%
[3]
5.73%
4.26%
4.59%
[1]
After-tax returns: -Are shown for Class A shares only and will vary for Class B, Class C and Advisor Class shares because these Classes have different expense ratios; -Are estimates based on the highest historical individual federal marginal income tax rates, and do not reflect the impact of state and local taxes; actual after-tax returns depend on an individual investor's tax situation and are likely to differ from those shown; and -Are not relevant to investors who hold Strategy shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.
[2]
Inception date for Advisor Class shares: 9/2/03. Performance information for periods prior to the inception of Advisor Class Shares is the performance of the Strategy's Class A shares adjusted to reflect the lower expense ratio of Advisor Class shares.
[3]
The information in the 70% Barclays Capital 5-yr Gen'l Obl. Muni Bond Index/ 30% S&P 500 Index shows how the Strategy's performance compares with the returns of an index of securities similar to those in which the Strategy invests.
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