N-Q 1 dnq.htm ALLIANCEBERNSTEIN BLENDED STYLE SERIES, INC. AllianceBernstein Blended Style Series, Inc.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-21081

ALLIANCEBERNSTEIN BLENDED STYLE SERIES, INC.

(Exact name of registrant as specified in charter)

1345 Avenue of the Americas, New York, New York 10105

(Address of principal executive offices) (Zip code)

Joseph J. Mantineo

AllianceBernstein L.P.

1345 Avenue of the Americas

New York, New York 10105

(Name and address of agent for service)

Registrant’s telephone number, including area code: (800) 221-5672

Date of fiscal year end: August 31, 2008

Date of reporting period: May 31, 2008

 


ITEM 1. SCHEDULE OF INVESTMENTS.


ABBSS-Global Blend Portfolio

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value  

MUTUAL FUNDS—101.3%

     

The AllianceBernstein Pooling Portfolios—Equity—101.3%

     

Global Research Growth Portfolio

   609,416    $ 6,630,441  

Global Value Portfolio

   638,036      6,616,433  
           

Total Investments—101.3%
(cost $12,610,406)

        13,246,874  

Other assets less liabilities—(1.3)%

        (167,468 )
           

Net Assets—100.0%

      $ 13,079,406  
           


ABBSS-U.S. Large Cap Portfolio

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value  

MUTUAL FUNDS—100.3%

     

The AllianceBernstein Pooling Portfolios—Equity—100.3%

     

U.S. Large Cap Growth Portfolio

   4,684,917    $ 57,390,238  

U.S. Value Portfolio

   5,407,936      56,729,246  
           

Total Investments—100.3%
(cost $91,583,418)

        114,119,484  

Other assets less liabilities—(0.3)%

        (394,090 )
           

Net Assets—100.0%

      $ 113,725,394  
           


AllianceBernstein 2000 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value  

MUTUAL FUNDS—100.1%

     

The AllianceBernstein Pooling Portfolios—Fixed Income—51.4%

     

High Yield Portfolio

   61,516    $ 583,786  

Inflation Protected Securities Portfolio

   243,705      2,568,655  

Intermediate Duration Bond Portfolio

   318,690      3,132,723  

Short Duration Bond Portfolio

   268,045      2,549,104  
           
        8,834,268  
           

The AllianceBernstein Pooling Portfolios—Equity—48.7%

     

Global Real Estate Investment Portfolio

   154,036      1,720,580  

International Growth Portfolio

   72,902      993,654  

International Value Portfolio

   76,388      992,284  

Small-Mid Cap Growth Portfolio

   30,008      397,311  

Small-Mid Cap Value Portfolio

   32,966      395,918  

U.S. Large Cap Growth Portfolio

   159,841      1,958,050  

U.S. Value Portfolio

   183,719      1,927,217  
           
        8,385,014  
           

Total Investments—100.1%
(cost $17,871,513)

        17,219,282  

Other assets less liabilities—(0.1)%

        (25,624 )
           

Net Assets—100.0%

      $ 17,193,658  
           

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 1.96%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2005 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value  

MUTUAL FUNDS—100.2%

     

The AllianceBernstein Pooling Portfolios—Equity—58.7%

     

Global Real Estate Investment Portfolio

   370,380    $ 4,137,148  

International Growth Portfolio

   222,323      3,030,256  

International Value Portfolio

   234,380      3,044,597  

Small-Mid Cap Growth Portfolio

   100,249      1,327,303  

Small-Mid Cap Value Portfolio

   108,750      1,306,084  

U.S. Large Cap Growth Portfolio

   479,130      5,869,336  

U.S. Value Portfolio

   548,804      5,756,950  
           
        24,471,674  
           

The AllianceBernstein Pooling Portfolios—Fixed Income—41.5%

     

High Yield Portfolio

   253,182      2,402,695  

Inflation Protected Securities Portfolio

   577,799      6,089,998  

Intermediate Duration Bond Portfolio

   648,683      6,376,558  

Short Duration Bond Portfolio

   258,689      2,460,133  
           
        17,329,384  
           

Total Investments—100.2%
(cost $43,253,601)

        41,801,058  

Other assets less liabilities—(0.2)%

        (87,736 )
           

Net Assets—100.0%

      $ 41,713,322  
           

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 1.11%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2010 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value

MUTUAL FUNDS—99.9%

     

The AllianceBernstein Pooling Portfolios—Equity—67.5%

     

Global Real Estate Investment Portfolio

   1,639,450    $ 18,312,653

International Growth Portfolio

   1,146,915      15,632,456

International Value Portfolio

   1,212,797      15,754,237

Small-Mid Cap Growth Portfolio

   578,553      7,660,047

Small-Mid Cap Value Portfolio

   627,564      7,537,046

U.S. Large Cap Growth Portfolio

   2,440,297      29,893,642

U.S. Value Portfolio

   2,805,724      29,432,040
         
        124,222,121
         

The AllianceBernstein Pooling Portfolios—Fixed Income—32.4%

     

High Yield Portfolio

   1,358,838      12,895,375

Inflation Protected Securities Portfolio

   2,127,270      22,421,428

Intermediate Duration Bond Portfolio

   2,475,765      24,336,766
         
        59,653,569
         

Total Investments—99.9%
(cost $191,409,836)

        183,875,690

Other assets less liabilities—0.1%

        263,832
         

Net Assets—100.0%

      $ 184,139,522
         

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.32%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2015 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value

MUTUAL FUNDS—100.0%

     

The AllianceBernstein Pooling Portfolios—Equity—74.6%

     

Global Real Estate Investment Portfolio

   2,527,891    $ 28,236,541

International Growth Portfolio

   1,974,651      26,914,487

International Value Portfolio

   2,088,911      27,134,949

Small-Mid Cap Growth Portfolio

   1,086,702      14,387,931

Small-Mid Cap Value Portfolio

   1,180,634      14,179,410

U.S. Large Cap Growth Portfolio

   4,083,639      50,024,578

U.S. Value Portfolio

   4,693,424      49,234,016
         
        210,111,912
         

The AllianceBernstein Pooling Portfolios—Fixed Income—25.4%

     

High Yield Portfolio

   2,066,710      19,613,080

Inflation Protected Securities Portfolio

   1,920,574      20,242,847

Intermediate Duration Bond Portfolio

   3,213,603      31,589,717
         
        71,445,644
         

Total Investments—100.0%
(cost $293,039,872)

        281,557,556

Other assets less liabilities—0.0%

        140,338
         

Net Assets—100.0%

      $ 281,697,894
         

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.27%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2020 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value

MUTUAL FUNDS—100.0%

     

The AllianceBernstein Pooling Portfolios—Equity—81.5%

     

Global Real Estate Investment Portfolio

   3,053,196    $ 34,104,196

International Growth Portfolio

   2,694,543      36,726,627

International Value Portfolio

   2,849,343      37,012,962

Small-Mid Cap Growth Portfolio

   1,474,149      19,517,734

Small-Mid Cap Value Portfolio

   1,621,393      19,472,926

U.S. Large Cap Growth Portfolio

   5,402,556      66,181,313

U.S. Value Portfolio

   6,247,545      65,536,746
         
        278,552,504
         

The AllianceBernstein Pooling Portfolios—Fixed Income—18.5%

     

High Yield Portfolio

   2,513,680      23,854,819

Inflation Protected Securities Portfolio

   840,213      8,855,848

Intermediate Duration Bond Portfolio

   3,096,630      30,439,877
         
        63,150,544
         

Total Investments—100.0%
(cost $359,729,979)

        341,703,048

Other assets less liabilities—0.0%

        146,151
         

Net Assets—100.0%

      $ 341,849,199
         

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.21%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2025 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value

MUTUAL FUNDS—99.9%

     

The AllianceBernstein Pooling Portfolios—Equity—87.4%

     

Global Real Estate Investment Portfolio

   2,215,032    $ 24,741,913

International Growth Portfolio

   2,390,347      32,580,424

International Value Portfolio

   2,527,630      32,833,919

Small-Mid Cap Growth Portfolio

   1,317,518      17,443,933

Small-Mid Cap Value Portfolio

   1,449,111      17,403,818

U.S. Large Cap Growth Portfolio

   4,802,218      58,827,166

U.S. Value Portfolio

   5,572,070      58,451,009
         
        242,282,182
         

The AllianceBernstein Pooling Portfolios—Fixed Income—12.5%

     

High Yield Portfolio

   1,834,193      17,406,492

Intermediate Duration Bond Portfolio

   1,767,052      17,370,120
         
        34,776,612
         

Total Investments—99.9%
(cost $290,856,652)

        277,058,794

Other assets less liabilities—0.1%

        227,732
         

Net Assets—100.0%

      $ 277,286,526
         

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.15%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2030 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value

MUTUAL FUNDS—99.8%

     

The AllianceBernstein Pooling Portfolios—Equity—91.6%

     

Global Real Estate Investment Portfolio

   1,221,219    $ 13,641,019

International Growth Portfolio

   2,049,482      27,934,442

International Value Portfolio

   2,167,074      28,150,291

Small-Mid Cap Growth Portfolio

   1,162,783      15,395,252

Small-Mid Cap Value Portfolio

   1,271,612      15,272,058

U.S. Large Cap Growth Portfolio

   4,118,259      50,448,669

U.S. Value Portfolio

   4,743,192      49,756,082
         
        200,597,813
         

The AllianceBernstein Pooling Portfolios—Fixed Income—8.2%

     

High Yield Portfolio

   745,366      7,073,526

Intermediate Duration Bond Portfolio

   1,106,667      10,878,537
         
        17,952,063
         

Total Investments—99.8%
(cost $229,461,837)

        218,549,876

Other assets less liabilities—0.2%

        453,931
         

Net Assets—100.0%

      $ 219,003,807
         

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.12%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2035 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value

MUTUAL FUNDS—99.7%

     

The AllianceBernstein Pooling Portfolios—Equity—94.7%

     

Global Real Estate Investment Portfolio

   641,528    $ 7,165,864

International Growth Portfolio

   1,428,195      19,466,299

International Value Portfolio

   1,510,112      19,616,353

Small-Mid Cap Growth Portfolio

   827,168      10,951,702

Small-Mid Cap Value Portfolio

   900,541      10,815,501

U.S. Large Cap Growth Portfolio

   2,869,761      35,154,567

U.S. Value Portfolio

   3,298,042      34,596,461
         
        137,766,747
         

The AllianceBernstein Pooling Portfolios—Fixed Income—5.0%

     

Intermediate Duration Bond Portfolio

   734,882      7,223,894
         

Total Investments—99.7%
(cost $151,111,681)

        144,990,641

Other assets less liabilities—0.3%

        460,487
         

Net Assets—100.0%

      $ 145,451,128
         

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.12%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2040 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value

MUTUAL FUNDS—99.9%

     

The AllianceBernstein Pooling Portfolios—Equity—94.9%

     

Global Real Estate Investment Portfolio

   480,197    $ 5,363,798

International Growth Portfolio

   1,070,588      14,592,112

International Value Portfolio

   1,132,022      14,704,962

Small-Mid Cap Growth Portfolio

   624,600      8,269,703

Small-Mid Cap Value Portfolio

   682,217      8,193,431

U.S. Large Cap Growth Portfolio

   2,156,213      26,413,612

U.S. Value Portfolio

   2,479,941      26,014,583
         
        103,552,201
         

The AllianceBernstein Pooling Portfolios—Fixed Income—5.0%

     

Intermediate Duration Bond Portfolio

   553,712      5,442,993
         

Total Investments—99.9%
(cost $114,261,247)

        108,995,194

Other assets less liabilities—0.1%

        100,205
         

Net Assets—100.0%

      $ 109,095,399
         

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.12%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2045 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value  

MUTUAL FUNDS—100.0%

     

The AllianceBernstein Pooling Portfolios—Equity—95.1%

     

Global Real Estate Investment Portfolio

   286,353    $ 3,198,565  

International Growth Portfolio

   631,991      8,614,043  

International Value Portfolio

   668,267      8,680,788  

Small-Mid Cap Growth Portfolio

   368,955      4,884,961  

Small-Mid Cap Value Portfolio

   404,012      4,852,185  

U.S. Large Cap Growth Portfolio

   1,270,952      15,569,156  

U.S. Value Portfolio

   1,465,803      15,376,278  
           
        61,175,976  
           

The AllianceBernstein Pooling Portfolios—Fixed Income—4.9%

     

Intermediate Duration Bond Portfolio

   324,779      3,192,576  
           

Total Investments—100.0%
(cost $66,761,054)

        64,368,552  

Other assets less liabilities—0.0%

        (25,080 )
           

Net Assets—100.0%

      $ 64,343,472  
           

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.12%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2050 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value

MUTUAL FUNDS—97.1%

     

The AllianceBernstein Pooling Portfolios—Equity—92.2%

     

Global Real Estate Investment Portfolio

   6,143    $ 68,617

International Growth Portfolio

   13,602      185,400

International Value Portfolio

   14,382      186,824

Small-Mid Cap Growth Portfolio

   7,803      103,315

Small-Mid Cap Value Portfolio

   8,598      103,268

U.S. Large Cap Growth Portfolio

   27,040      331,246

U.S. Value Portfolio

   31,368      329,050
         
        1,307,720
         

The AllianceBernstein Pooling Portfolios—Fixed Income—4.9%

     

Intermediate Duration Bond Portfolio

   7,001      68,824
         

Total Investments—97.1%
(cost $1,323,488)

        1,376,544

Other assets less liabilities—2.9%

        41,059
         

Net Assets—100.0%

      $ 1,417,603
         

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.12%. These investments are valued in accordance with the fund’s Valuation Policies.


AllianceBernstein 2055 Retirement Strategy

Portfolio of Investments

May 31, 2008 (unaudited)

 

Company

   Shares    U.S. $ Value

MUTUAL FUNDS—97.6%

     

The AllianceBernstein Pooling Portfolios—Equity—92.8%

     

Global Real Estate Investment Portfolio

   2,956    $ 33,016

International Growth Portfolio

   6,468      88,162

International Value Portfolio

   6,840      88,846

Small-Mid Cap Growth Portfolio

   3,808      50,418

Small-Mid Cap Value Portfolio

   4,169      50,065

U.S. Large Cap Growth Portfolio

   13,140      160,960

U.S. Value Portfolio

   15,078      158,170
         
        629,637
         

The AllianceBernstein Pooling Portfolios—Fixed Income—4.8%

     

Intermediate Duration Bond Portfolio

   3,294      32,379
         

Total Investments—97.6%
(cost $635,414)

        662,016

Other assets less liabilities—2.4%

        16,295
         

Net Assets—100.0%

      $ 678,311
         

The fund currently owns investments collateralized by subprime mortgage loans. Subprime loans are offered to homeowners who do not have a history of debt or who have had problems meeting their debt obligations. Because repayment is less certain, subprime borrowers pay a higher rate of interest than prime borrowers. As of May 31, 2008, the fund’s total exposure to subprime investments was 0.12%. These investments are valued in accordance with the fund’s Valuation Policies.


ITEM 2. CONTROLS AND PROCEDURES.

(a) The registrant’s principal executive officer and principal financial officer have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) are effective at the reasonable assurance level based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this document.

(b) There were no changes in the registrant’s internal controls over financial reporting that occurred during the second fiscal quarter of the period that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

ITEM 3. EXHIBITS.

The following exhibits are attached to this Form N-Q:

 

EXHIBIT NO.

 

DESCRIPTION OF EXHIBIT

3 (a) (1)   Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
3 (a) (2)   Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant): AllianceBernstein Blended Style Series, Inc.

 

By:   /s/ Marc O. Mayer
 

Marc O. Mayer

President

Date: July 23, 2008

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:   /s/ Marc O. Mayer
 

Marc O. Mayer

President

Date: July 23, 2008

 

By:   /s/ Joseph J. Mantineo
 

Joseph J. Mantineo

Treasurer and Chief Financial Officer

Date: July 23, 2008