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AB BOND FUND, INC.

-AB Limited Duration High Income Portfolio

-AB Income Fund

-AB High Yield Portfolio

 

AB CORPORATE SHARES

-AB Corporate Income Shares

 

(each, a "Fund", and together, the "Funds")


 

Supplement dated February 8, 2018 to (1) the Prospectus and Summary Prospectuses dated January 31, 2018 offering Class A, Class C and Advisor Class shares of AB Limited Duration High Income Portfolio and AB Income Fund, (2) the Prospectus and Summary Prospectus dated January 30, 2017, as revised January 31, 2018, offering Class A, Class C, Advisor Class, Class R, Class K, Class I and Class Z shares of AB High Yield Portfolio, and (3) the Prospectus and Summary Prospectus dated August 31, 2017 offering shares of AB Corporate Income Shares (the "Prospectuses").

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The following chart for each Fund replaces the chart under the heading "Portfolio Managers" in the summary section of the Prospectuses for the following Funds.

AB Limited Duration High Income Portfolio

PORTFOLIO MANAGERS

The following table lists the persons responsible for day-to-day management of the Fund's portfolio:

 

Employee Length of Service Title
Gershon M. Distenfeld Since 2011 Senior Vice President of the Adviser

Ivan Rudolph-Shabinsky

Since 2014 Senior Vice President of the Adviser
William Smith Since February 2018 Vice President of the Adviser

 

 

AB Income Fund

PORTFOLIO MANAGERS

The following table lists the persons responsible for day-to-day management of the Fund's portfolio:

 

Employee Length of Service Title
Paul J. DeNoon Since 2016 Senior Vice President of the Adviser
Gershon M. Distenfeld Since 2016 Senior Vice President of the Adviser
Douglas J. Peebles Since 2016 Senior Vice President of the Adviser
Matthew S. Sheridan Since 2016 Senior Vice President of the Adviser

 

 

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AB High Yield Portfolio

PORTFOLIO MANAGERS

The following table lists the persons responsible for day-to-day management of the Fund's portfolio:

 

Employee Length of Service Title
Gershon M. Distenfeld Since 2014 Senior Vice President of the Adviser
Ivan Rudolph-Shabinsky Since 2014 Senior Vice President of the Adviser
William Smith Since January 2018 Vice President of the Adviser

 

AB Corporate Income Shares

PORTFOLIO MANAGERS

The following table lists the persons responsible for day-to-day management of the Fund's portfolio:

 

Employee Length of Service Title
Shawn E. Keegan Since 2006 Senior Vice President of the Adviser

Matthew J. Minnetian

 

Since February 2018 Senior Vice President of the Adviser

  

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The following replaces certain information under the heading "Management of the Fund(s) - Portfolio Managers" in the Prospectuses with respect to the following Funds.

AB Limited Duration High Income Portfolio

Fund and

Responsible Team

Employee; Year; Title Principal Occupation(s) During
the Past Five (5) Years

AB Limited Duration High Income Portfolio

Limited Duration High Income Investment Team

Gershon M. Distenfeld; since 2011; Senior Vice President of the Adviser and Co-Head of Fixed Income 

 

Senior Vice President of the Adviser, with which he has been associated in a substantially similar capacity to his current position since prior to 2013.
 

Ivan Rudolph-Shabinsky; since 2014; Senior Vice President of the Adviser

 

Senior Vice President of the Adviser, with which he has been associated in a substantially similar capacity to his current position since prior to 2013.

 

 

William Smith; since February 2018; Vice President of the Adviser

  

Vice President of the Adviser, with which he has been associated in a substantially similar capacity since prior to 2013.

AB Income Fund

Fund and

Responsible Team

Employee; Year; Title Principal Occupation(s) During
the Past Five (5) Years

AB Income Fund

U.S. Investment Grade: Core Fixed Income Investment Team

Paul J. DeNoon; since 2016; Senior Vice President of the Adviser

Senior Vice President of the Adviser, with which he has been associated in a substantially similar capacity to his current position since prior to 2013.

  Gershon M. Distenfeld; since 2016; Senior Vice President of the Adviser and Co-Head of Fixed Income See above.
     
  Douglas J. Peebles; since 2016; Senior Vice President of the Adviser, and Chief Investment Officer of AB Fixed Income Senior Vice President of the Adviser, with which he has been associated in a substantially similar capacity to his current position since prior to 2013.
     
  Matthew S. Sheridan; since 2016; Senior Vice President of the Adviser Senior Vice President of the Adviser, with which he has been associated in a substantially similar capacity to his current position since prior to 2013.
     

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AB High Yield Portfolio

Employee; Year; Title Principal Occupation(s) During
the Past Five (5) Years

Gershon M. Distenfeld; since 2014; Senior Vice President of the Adviser and Co-Head of Fixed Income

 

See above.

Ivan Rudolph-Shabinsky; since 2014; Senior Vice President of the Adviser

 

See above.
William Smith; since January 2018; Vice President of the Adviser See above.

 

 

AB Corporate Income Shares

Employee; Length of Service; Title Principal Occupation(s) During
the Past Five (5) Years

Shawn E. Keegan; since 2006; Senior Vice President of the Adviser

 

Senior Vice President of the Adviser, with which he has been associated in a substantially similar capacity to his current position since prior to 2013.

 

Matthew J. Minnetian; since February 2018; Senior Vice President of the Adviser

 

Senior Vice President of the Adviser, with which he has been associated in a substantially similar capacity to his current position since prior to 2013.

 

 

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This supplement should be read in conjunction with the Prospectuses for the Funds.

You should retain this Supplement with your Prospectus(es) for future reference.

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The [A/B] Logo is a service mark of AllianceBernstein and AllianceBernstein® is a registered trademark used by permission of the owner, AllianceBernstein L.P.

 

 

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