0000883676 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member agbf:C000028113Member 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member agbf:C000028114Member 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member agbf:C000028115Member 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member agbf:C000057412Member 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member agbf:C000057409Member 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member agbf:C000057410Member 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member agbf:C000057411Member 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member agbf:BarclaysCapitalGlobalAggregateBondIndexMember 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member rr:AfterTaxesOnDistributionsMember agbf:C000028113Member 2012-02-01 2013-01-31 0000883676 agbf:S000010128Member rr:AfterTaxesOnDistributionsAndSalesMember agbf:C000028113Member 2012-02-01 2013-01-31 pure iso4217:USD 2012-09-30 false 2013-01-31 2013-01-30 0000883676 ALLIANCEBERNSTEIN GLOBAL BOND FUND INC 485BPOS 2013-01-31 ALLIANCEBERNSTEIN GLOBAL BOND FUND INVESTMENT OBJECTIVE FEES AND EXPENSES OF THE FUND SHAREHOLDER FEES (fees paid directly from your investment) ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) EXAMPLES PORTFOLIO TURNOVER PRINCIPAL STRATEGIES PRINCIPAL RISKS BAR CHART AND PERFORMANCE INFORMATION BAR CHART 0.0425 0 0 0 0 0 0 0 0.03 0.01 0 0 0 0 0 0 0 0 0 0 0 0.0049 0.0049 0.0049 0.0049 0.0049 0.0049 0.0049 516 470 267 65 130 97 62 0.003 0.01 0.01 0 0.005 0.0025 0 709 195 303 406 205 517 626 0.0009 0.0013 0.001 0.0009 0.0023 0.0015 0.0007 918 907 892 357 702 525 340 0.0002 0.0003 0.0003 0.0003 0.0002 0.0002 0.0002 1519 1598 1944 798 1545 1166 762 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 0.0015 0.0015 0.0018 0.0014 0.0029 0.0021 0.0012 0.0093 0.0167 0.0323 0.0525 0.0735 0.0662 0.071 0.074 0.0572 0.0535 0.0361 0.0352 0.0552 0.0548 0.0655 0.0599 0.0632 0.0659 0.0528 0.0745 0.0539 0.0518 0.0746 0.0823 0.0714 0.0766 0.0797 0.0824 0.0476 0.0164 0.0064 0.0128 0.0095 0.0061 The Fund's investment objective is to generate current income consistent with preservation of capital. This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. 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 Funds--Sales Charge Reduction Programs for Class A Shares on page 43 of this Prospectus and in Purchase of Shares--Sales Charge Reduction Programs for Class A Shares on page 108 of the Funds' SAI. The Examples are intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Examples assume that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Examples also assume that your investment has a 5% return each year and that the Fund's operating expenses stay the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 0.0249 0.014 0.0179 The Fund 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 Fund shares are held in a taxable account. These transaction costs, which are not reflected in the Annual Fund Operating Expenses or in the Examples, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 94% of the average value of its portfolio. 0.94 The Fund invests, under normal circumstances, at least 80% of its net assets in fixed-income securities. Under normal market conditions, the Fund invests significantly in fixed-income securities of non-U.S. companies. In addition, the Fund invests, under normal circumstances, in the fixed-income securities of companies located in at least three countries. The Fund may invest in a broad range of fixed-income securities in both developed and emerging markets. The Fund may invest across all fixed-income sectors, including U.S. and non-U.S. Government and corporate debt securities. The Fund's investments may be denominated in local currency or U.S. Dollar-denominated. The Fund may invest in debt securities with a range of maturities from short- to long-term. The Fund may use borrowings or other leverage for investment purposes.<br/><br/>The Adviser selects securities for purchase or sale based on its assessment of the securities' risk and return characteristics as well as the securities' impact on the overall risk and return characteristics of the Fund. In making this assessment, the Adviser takes into account various factors, including the credit quality and sensitivity to interest rates of the securities under consideration and of the Fund's other holdings.<br/><br/>The Adviser will actively manage the Fund's assets in relation to market conditions and general economic conditions and adjust the Fund's investments in an effort to best enable the Fund to achieve its investment objective. Thus, the percentage of the Fund's assets invested in a particular country or denominated in a particular currency will vary in accordance with the Adviser's assessment of the relative yield and appreciation potential of such securities and the relationship of the country's currency to the U.S. Dollar.<br/><br/>Under normal circumstances, the Fund invests at least 75% of its net assets in fixed-income securities rated investment grade at the time of investment and may invest up to 25% of its net assets in below investment grade fixed-income securities (commonly known as "junk bonds").<br/><br/>The Fund may invest in mortgage-related and other asset-backed securities, loan participations, inflation-protected securities, structured securities, variable, floating, and inverse floating rate instruments and preferred stock, and may use other investment techniques. The Fund intends, among other things, to enter into transactions such as reverse repurchase agreements and dollar rolls. The Fund may invest, without limit, in derivatives, such as options, futures, forwards, or swaps. <ul type="square"><li style="margin-left:-20px">MARKET RISK: The value of the Fund's assets will fluctuate as the stock or bond market fluctuates. The value of its investments may decline, sometimes rapidly and unpredictably, simply because of economic changes or other events that affect large portions of the market.</li></ul><ul type="square"><li style="margin-left:-20px"> INTEREST RATE RISK: Changes in interest rates will affect the value of investments in fixed-income securities. When interest rates rise, the value of investments in fixed-income securities tends to fall and this decrease in value may not be offset by higher income from new investments. Interest rate risk is generally greater for fixed-income securities with longer maturities or durations.</li></ul><ul type="square"><li style="margin-left:-20px"> DURATION RISK: Duration is a measure that relates the expected price volatility of a fixed-income security to changes in interest rates. The duration of a fixed-income security may be shorter than or equal to full maturity of a fixed-income security. Fixed-income securities with longer durations have more risk and will decrease in price as interest rates rise. For example, a fixed-income security with a duration of three years will decrease in value by approximately 3% if interest rates increase by 1%.</li></ul><ul type="square"><li style="margin-left:-20px"> CREDIT RISK: An issuer or guarantor of a fixed-income security, or the counterparty to a derivatives or other contract, may be unable or unwilling to make timely payments of interest or principal, or to otherwise honor its obligations. The issuer or guarantor may default, causing a loss of the full principal amount of a security. The degree of risk for a particular security may be reflected in its credit rating. There is the possibility that the credit rating of a fixed-income security may be downgraded after purchase, which may adversely affect the value of the security.</li></ul><ul type="square"><li style="margin-left:-20px"> BELOW INVESTMENT GRADE SECURITIES: Investments in fixed-income securities with lower ratings (commonly known as "junk bonds") tend to have a higher probability that an issuer will default or fail to meet its payment obligations. These securities may be subject to greater price volatility due to such factors as specific corporate developments, interest rate sensitivity, negative perceptions of the junk bond market generally and less secondary market liquidity.</li></ul><ul type="square"><li style="margin-left:-20px"> INFLATION RISK: This is the risk that the value of assets or income from investments will be less in the future as inflation decreases the value of money. As inflation increases, the value of the Fund's assets can decline as can the value of the Fund's distributions. This risk is significantly greater if the Fund invests a significant portion of its assets in fixed-income securities with longer maturities.</li></ul><ul type="square"><li style="margin-left:-20px"> FOREIGN (NON-U.S.) RISK: Investments in securities of non-U.S. issuers may involve more risk than those of U.S. issuers. These securities may fluctuate more widely in price and may be less liquid due to adverse market, economic, political, regulatory or other factors.</li></ul><ul type="square"><li style="margin-left:-20px"> EMERGING MARKET RISK: Investments in emerging market countries may have more risk because the markets are less developed and less liquid as well as being subject to increased economic, political, regulatory or other uncertainties.</li></ul><ul type="square"><li style="margin-left:-20px">CURRENCY RISK: Fluctuations in currency exchange rates may negatively affect the value of the Fund's investments or reduce its returns.</li></ul><ul type="square"><li style="margin-left:-20px">LEVERAGE RISK: To the extent the Fund uses leveraging techniques, its net asset value, or NAV, may be more volatile because leverage tends to exaggerate the effect of changes in interest rates and any increase or decrease in the value of the Fund's investments.</li></ul><ul type="square"><li style="margin-left:-20px">DIVERSIFICATION RISK: The Fund may have more risk because it is "non-diversified", meaning that it can invest more of its assets in a smaller number of issuers and that adverse changes in the value of one security could have a more significant effect on the Fund's NAV.</li></ul><ul type="square"><li style="margin-left:-20px">DERIVATIVES RISK: Investments in derivatives may be illiquid, difficult to price, and leveraged so that small changes may produce disproportionate losses for the Fund, and may be subject to counterparty risk to a greater degree than more traditional investments.</li></ul> <ul type="square"><li style="margin-left:-20px">MANAGEMENT RISK: The Fund is subject to management risk because it is an actively managed investment fund. The Adviser will apply its investment techniques and risk analyses in making investment decisions, but there is no guarantee that its techniques will produce the intended results.</li></ul> As with all investments, you may lose money by investing in the Fund. As with all investments, you may lose money by investing in the Fund. 100000 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. The bar chart and performance information provide an indication of the historical risk of an investment in the Fund by showing: <ul type="square"><li style="margin-left:-20px">how the Fund's performance changed from year to year over ten years; and</li></ul> <ul type="square"><li style="margin-left:-20px">how the Fund's average annual returns for one, five and ten years compare to those of a broad-based securities market index.</li></ul>You may obtain updated performance information on the Fund's website at www.AllianceBernstein.com (click on "Individuals--U.S." then "Products &amp; Performance").<br/><br/>The Fund's past performance before and after taxes, of course, does not necessarily indicate how it will perform in the future. <ul type="square"><li style="margin-left:-20px">how the Fund's performance changed from year to year over ten years; and</li></ul> <ul type="square"><li style="margin-left:-20px">how the Fund's average annual returns for one, five and ten years compare to those of a broad-based securities market index.</li></ul> www.AllianceBernstein.com The Fund's past performance before and after taxes, of course, does not necessarily indicate how it will perform in the future. <ul type="square"><li style="margin-left:-20px">DIVERSIFICATION RISK: The Fund may have more risk because it is "non-diversified", meaning that it can invest more of its assets in a smaller number of issuers and that adverse changes in the value of one security could have a more significant effect on the Fund's NAV.</li></ul> The annual returns in the bar chart are for the Fund's Class A shares and do not reflect sales loads. If sales loads were reflected, returns would be less than those shown. The annual returns in the bar chart are for the Fund's Class A shares and do not reflect sales loads. If sales loads were reflected, returns would be less than those shown. Calendar Year End (%)<br/><br/>During the period shown in the bar chart, the Fund's:<br/><br/>BEST QUARTER WAS UP 11.30% IN THE 2ND QUARTER, 2009; AND WORST QUARTER WAS DOWN -5.57% IN THE 4TH QUARTER, 2008. BEST QUARTER 0.113 2009-06-30 WORST QUARTER -0.0557 2008-12-31 0.1513 0.0687 0.0971 0.0657 0.099 -0.1071 0.2396 0.0953 0.0444 0.0703 2007-11-05 2007-11-05 2007-11-05 2007-11-05 <div style="display:none">~ http://www.AllianceBernstein.com/role/ScheduleShareholderFeesALLIANCEBERNSTEINGLOBALBONDFUND,INC. column period compact * ~</div> <div style="display:none">~ http://www.AllianceBernstein.com/role/ScheduleAnnualFundOperatingExpensesALLIANCEBERNSTEINGLOBALBONDFUND,INC. column period compact * ~</div> <div style="display:none">~ http://www.AllianceBernstein.com/role/ScheduleExpenseExampleALLIANCEBERNSTEINGLOBALBONDFUNDINC column period compact * ~</div> <div style="display:none">~ http://www.AllianceBernstein.com/role/ScheduleExpenseExampleNoRedemptionALLIANCEBERNSTEINGLOBALBONDFUNDINC column period compact * ~</div> <div style="display:none">~ http://www.AllianceBernstein.com/role/ScheduleAnnualTotalReturnsALLIANCEBERNSTEINGLOBALBONDFUND,INC.BarChart column period compact * ~</div> <div style="display:none">~ http://www.AllianceBernstein.com/role/ScheduleAverageAnnualTotalReturnsTransposedALLIANCEBERNSTEINGLOBALBONDFUND,INC. column period compact * ~</div> (NOT CURRENTLY OFFERED TO NEW INVESTORS) PERFORMANCE TABLE<br/>AVERAGE ANNUAL TOTAL RETURNS<br/><br/>(For the periods ended December 31, 2012) 170 167 526 517 892 907 1598 1944 Are an estimate, which is based on the highest historical individual federal marginal income tax rates, and do not reflect the impact of state and local taxes; After-tax Returns: -Are shown for Class A shares only and will vary for Class B and Class C shares because these Classes have higher expense ratios; Are not relevant to investors who hold Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. You would pay the following expenses if you did not redeem your shares at the end of period: Class B shares automatically convert to Class A shares after six years. The CDSC decreases over time. For Class B shares, the CDSC decreases 1.00% annually to 0% after the third year. For Class C shares, the CDSC is 0% after the first year. 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. Class B shares automatically convert to Class A shares after six years. The CDSC decreases over time. For Class B shares, the CDSC decreases 1.00% annually to 0% after the third year. For Class C shares, the CDSC is 0% after the first year. If interest expenses were excluded, net expenses would be as follows: CLASS A CLASS B CLASS C ADVISOR CLASS CLASS R CLASS K CLASS I ----------.91% 1.65% 1.62% .61% 1.25% .92% .59% After-tax Returns:- Are shown for Class A shares only and will vary for Class B and Class C shares because these Classes have higher expense ratios;- Are an estimate, which is 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 Fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. Inception date of Class R, K, I and Advisor Class shares: 11/05/07. Performance information for periods prior to the inception of Advisor Class, Class R, Class K and Class I shares is the performance of the Fund's Class A shares adjusted to reflect the higher expense ratio of Class R shares and the lower expense ratio of Advisor Class, Class K and Class I shares, respectively.