AB Bond Fund, Inc.

AB Total Return Bond Portfolio

Portfolio of Investments

July 31, 2022 (unaudited)

	Principal Amount (000)			U.S. $ Value
CORPORATES - INVESTMENT GRADE – 30.1%
Industrial – 16.1%
Basic – 0.7%
Anglo American Capital PLC 3.875%, 03/16/2029(a)		U.S.$	238	$	222,335
Celanese US Holdings LLC 5.90%, 07/05/2024			455		458,422
Freeport Indonesia PT 4.763%, 04/14/2027(a)			390		378,787
Nucor Corp. 4.30%, 05/23/2027			345		352,652
Suzano Austria GmbH 3.75%, 01/15/2031			145		125,969
					1,538,165
Capital Goods – 0.9%
CNH Industrial Capital LLC 3.95%, 05/23/2025			375		374,163
Flowserve Corp. 2.80%, 01/15/2032			425		338,670
Parker-Hannifin Corp. 3.25%, 06/14/2029			255		242,189
4.50%, 09/15/2029			272		278,275
Raytheon Technologies Corp. 4.125%, 11/16/2028			769		781,135
					2,014,432
Communications - Media – 2.3%
Charter Communications Operating LLC/Charter Communications Operating Capital 5.125%, 07/01/2049			198		171,292
Discovery Communications LLC 5.20%, 09/20/2047			178		157,740
5.30%, 05/15/2049			81		72,337
Fox Corp. 4.709%, 01/25/2029			240		244,118
5.576%, 01/25/2049			407		414,831
Interpublic Group of Cos., Inc. (The) 4.65%, 10/01/2028			178		179,346
Magallanes, Inc. 4.279%, 03/15/2032(a)			618		576,588
Netflix, Inc. 5.875%, 11/15/2028			766		790,642
Prosus NV 3.257%, 01/19/2027(a)			219		196,761
3.68%, 01/21/2030(a)			545		460,457
Tencent Holdings Ltd. 1.81%, 01/26/2026(a)			533		496,789
2.39%, 06/03/2030(a)			460		390,540
3.24%, 06/03/2050(a)			328		223,921
Weibo Corp. 3.375%, 07/08/2030			1,312		1,077,640
					5,453,002

1

	Principal Amount (000)			U.S. $ Value
Communications - Telecommunications – 0.2%
T-Mobile USA, Inc. 2.625%, 02/15/2029		U.S.$	112	$	100,197
2.875%, 02/15/2031			353		312,338
3.375%, 04/15/2029			66		61,663
					474,198
Consumer Cyclical - Automotive – 0.9%
General Motors Financial Co., Inc. 4.30%, 04/06/2029			78		73,873
5.25%, 03/01/2026			165		168,483
Harley-Davidson Financial Services, Inc. 3.05%, 02/14/2027(a)			230		210,209
3.35%, 06/08/2025(a)			510		495,077
Nissan Motor Co., Ltd. 4.345%, 09/17/2027(a)			1,120		1,052,778
					2,000,420
Consumer Cyclical - Other – 0.4%
Las Vegas Sands Corp. 3.90%, 08/08/2029			797		713,618
MDC Holdings, Inc. 6.00%, 01/15/2043			346		296,131
					1,009,749
Consumer Cyclical - Retailers – 0.8%
Advance Auto Parts, Inc. 3.90%, 04/15/2030			811		761,302
Lowe’s Cos., Inc. 3.65%, 04/05/2029			267		261,121
Ross Stores, Inc. 4.70%, 04/15/2027			893		919,236
					1,941,659
Consumer Non-Cyclical – 1.2%
Altria Group, Inc. 3.40%, 05/06/2030			750		659,678
4.80%, 02/14/2029			209		208,574
Amgen, Inc. 3.35%, 02/22/2032			328		313,870
BAT Capital Corp. 2.259%, 03/25/2028			1,125		965,621
4.906%, 04/02/2030			196		186,590
CVS Health Corp. 4.30%, 03/25/2028			28		28,491
Ochsner LSU Health System of North Louisiana Series 2021 2.51%, 05/15/2031			520		437,200
					2,800,024
Energy – 3.9%
BP Capital Markets America, Inc. 2.939%, 06/04/2051			1,201		906,239

2

	Principal Amount (000)			U.S. $ Value
Cenovus Energy, Inc. 4.25%, 04/15/2027		U.S.$	42	$	41,976
4.40%, 04/15/2029			1,193		1,183,897
Continental Resources, Inc./OK 2.875%, 04/01/2032(a)			454		369,188
5.75%, 01/15/2031(a)			335		329,617
Devon Energy Corp. 5.60%, 07/15/2041			457		471,286
Enbridge Energy Partners LP 7.375%, 10/15/2045			634		786,249
Energy Transfer LP 6.25%, 04/15/2049			156		157,384
Eni SpA 4.25%, 05/09/2029(a)			850		834,751
Marathon Oil Corp. 6.80%, 03/15/2032			650		714,038
Marathon Petroleum Corp. 5.125%, 12/15/2026			255		264,244
6.50%, 03/01/2041			161		179,438
Oleoducto Central SA 4.00%, 07/14/2027(a)			429		363,524
ONEOK Partners LP 6.125%, 02/01/2041			48		47,536
ONEOK, Inc. 4.35%, 03/15/2029			425		411,128
6.35%, 01/15/2031			217		232,763
Suncor Energy, Inc. 6.80%, 05/15/2038			534		615,152
Tengizchevroil Finance Co. International Ltd. 3.25%, 08/15/2030(a)			237		172,417
TransCanada PipeLines Ltd. 6.10%, 06/01/2040			527		583,078
6.20%, 10/15/2037			277		315,035
					8,978,940
Other Industrial – 0.4%
Alfa SAB de CV 5.25%, 03/25/2024(a)			530		527,946
CITIC Ltd. 2.85%, 02/25/2030(a)			317		285,558
					813,504
Services – 0.8%
Booking Holdings, Inc. 4.625%, 04/13/2030			925		953,823
Expedia Group, Inc. 4.625%, 08/01/2027			374		369,407
6.25%, 05/01/2025(a)			33		34,291
Global Payments, Inc. 3.20%, 08/15/2029			290		258,738
RELX Capital, Inc. 4.75%, 05/20/2032			118		123,429
S&P Global, Inc. 4.25%, 05/01/2029(a)			147		150,421
4.75%, 08/01/2028(a)			32		33,574
					1,923,683

3

	Principal Amount (000)			U.S. $ Value
Technology – 3.1%
Baidu, Inc. 3.425%, 04/07/2030		U.S.$	202	$	187,054
Broadcom, Inc. 3.137%, 11/15/2035(a)			124		99,856
3.187%, 11/15/2036(a)			411		329,038
4.00%, 04/15/2029(a)			53		50,856
4.15%, 11/15/2030			240		228,542
4.15%, 04/15/2032(a)			187		176,264
4.926%, 05/15/2037(a)			547		520,274
Entegris Escrow Corp. 4.75%, 04/15/2029(a)			395		380,950
Fiserv, Inc. 3.50%, 07/01/2029			869		822,813
HP, Inc. 5.50%, 01/15/2033			592		596,061
Infor, Inc. 1.75%, 07/15/2025(a)			279		261,105
International Business Machines Corp. 4.90%, 07/27/2052			457		458,737
KLA Corp. 4.10%, 03/15/2029			123		126,286
Kyndryl Holdings, Inc. 2.05%, 10/15/2026(a)			869		738,450
NXP BV/NXP Funding LLC 5.55%, 12/01/2028			277		288,080
NXP BV/NXP Funding LLC/NXP USA, Inc. 3.40%, 05/01/2030			298		272,074
Oracle Corp. 2.875%, 03/25/2031			525		452,272
3.60%, 04/01/2040			278		215,608
3.65%, 03/25/2041			154		119,683
5.375%, 07/15/2040			90		84,521
SK Hynix, Inc. 2.375%, 01/19/2031(a)			280		221,200
TSMC Arizona Corp. 3.875%, 04/22/2027			241		241,472
Workday, Inc. 3.70%, 04/01/2029			77		74,340
3.80%, 04/01/2032			201		191,748
					7,137,284
Transportation - Airlines – 0.3%
Delta Air Lines, Inc./SkyMiles IP Ltd. 4.50%, 10/20/2025(a)			345		341,663
4.75%, 10/20/2028(a)			401		391,941
					733,604

4

	Principal Amount (000)			U.S. $ Value
Transportation - Railroads – 0.1%
Lima Metro Line 2 Finance Ltd. 5.875%, 07/05/2034(a)		U.S.$	168	$	163,821
Transportation - Services – 0.1%
ENA Master Trust 4.00%, 05/19/2048(a)			457		347,320
					37,329,805
Financial Institutions – 13.1%
Banking – 8.8%
ABN AMRO Bank NV 4.75%, 07/28/2025(a)			200		199,646
Banco de Credito del Peru S.A. 3.125%, 07/01/2030(a)			635		578,167
Banco Santander SA 4.175%, 03/24/2028			400		386,000
Bank of America Corp. 2.299%, 07/21/2032			430		360,761
2.687%, 04/22/2032			626		544,345
4.376%, 04/27/2028			503		504,811
BNP Paribas SA 2.871%, 04/19/2032(a)			722		609,924
Capital One Financial Corp. 3.273%, 03/01/2030			396		360,586
4.927%, 05/10/2028			363		366,706
Citigroup, Inc. 3.98%, 03/20/2030			334		323,342
4.075%, 04/23/2029			494		482,164
5.95%, 01/30/2023(b)			216		215,054
Series W 4.00%, 12/10/2025(b)			329		306,095
Citizens Financial Group, Inc. 4.30%, 12/03/2025			958		961,947
Credit Suisse Group AG 3.091%, 05/14/2032(a)			829		666,358
4.194%, 04/01/2031(a)			396		352,840
Danske Bank A/S 4.298%, 04/01/2028(a)			360		346,075
Deutsche Bank AG/New York NY 2.552%, 01/07/2028			663		581,703
3.961%, 11/26/2025			265		256,048
6.119%, 07/14/2026			294		299,480
Discover Bank 4.682%, 08/09/2028			250		243,142
Fifth Third Bancorp Series L 4.50%, 09/30/2025(b)			205		199,047
Goldman Sachs Group, Inc. (The) 2.615%, 04/22/2032			715		616,945
Series V 4.125%, 11/10/2026(b)			268		236,170
HSBC Holdings PLC 4.292%, 09/12/2026			240		237,307
4.583%, 06/19/2029			224		218,702
4.762%, 03/29/2033			323		306,146

5

	Principal Amount (000)			U.S. $ Value
ING Groep NV 4.017%, 03/28/2028		U.S.$	356	$	344,701
JPMorgan Chase & Co. 2.58%, 04/22/2032			892		774,229
Series I 6.276% (LIBOR 3 Month + 3.47%), 10/30/2022(b) (c)			328		326,521
Series V 5.597% (LIBOR 3 Month + 3.32%), 10/01/2022(b) (c)			161		157,994
Mizuho Financial Group, Inc. 2.226%, 05/25/2026			235		221,238
Morgan Stanley 3.772%, 01/24/2029			515		504,046
4.21%, 04/20/2028			358		357,782
Nationwide Building Society 2.972%, 02/16/2028(a)			398		368,042
Santander Holdings USA, Inc. 4.26%, 06/09/2025			229		226,179
4.40%, 07/13/2027			315		307,919
Societe Generale SA 2.797%, 01/19/2028(a)			778		704,510
Standard Chartered PLC 3.971%, 03/30/2026(a)			268		262,525
4.316% (LIBOR 3 Month + 1.51%), 01/30/2027(a) (b) (c)			400		321,396
6.00%, 07/26/2025(a) (b)			478		475,084
Swedbank AB Series NC5 5.625%, 09/17/2024(a) (b)			200		199,064
Truist Financial Corp. Series Q 5.10%, 03/01/2030(b)			692		668,846
UBS AG/Stamford CT 7.625%, 08/17/2022			620		621,017
UBS Group AG 4.488%, 05/12/2026(a)			251		252,411
7.00%, 02/19/2025(a) (b)			312		325,032
UniCredit SpA 1.982%, 06/03/2027(a)			205		177,661
2.569%, 09/22/2026(a)			391		347,767
3.127%, 06/03/2032(a)			356		283,917
US Bancorp Series J 5.30%, 04/15/2027(b)			380		347,594
Wells Fargo & Co. 3.35%, 03/02/2033			687		629,313
3.584%, 05/22/2028			191		184,812
Series BB 3.90%, 03/15/2026(b)			273		253,330
					20,402,441

6

	Principal Amount (000)			U.S. $ Value
Brokerage – 0.6%
Charles Schwab Corp. (The) Series G 5.375%, 06/01/2025(b)		U.S.$	547	$	554,822
Series I 4.00%, 06/01/2026(b)			469		424,445
Nomura Holdings, Inc. 2.999%, 01/22/2032			630		529,276
					1,508,543
Finance – 1.8%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust 3.30%, 01/30/2032			345		289,338
6.50%, 07/15/2025			179		185,127
Air Lease Corp. 2.10%, 09/01/2028			242		201,811
2.875%, 01/15/2026			72		67,568
3.625%, 04/01/2027			34		31,976
Aircastle Ltd. 2.85%, 01/26/2028(a)			835		699,438
4.125%, 05/01/2024			152		148,857
4.25%, 06/15/2026			53		49,687
5.25%, 08/11/2025(a)			384		375,256
Aviation Capital Group LLC 1.95%, 01/30/2026(a)			449		393,768
1.95%, 09/20/2026(a)			133		114,098
3.50%, 11/01/2027(a)			136		119,181
4.125%, 08/01/2025(a)			5		4,753
4.375%, 01/30/2024(a)			135		132,438
4.875%, 10/01/2025(a)			153		148,834
5.50%, 12/15/2024(a)			381		378,142
CDBL Funding 1 3.50%, 10/24/2027(a)			580		562,211
Synchrony Financial 2.875%, 10/28/2031			420		332,304
					4,234,787
Insurance – 1.2%
Guardian Life Insurance Co. of America (The) 4.85%, 01/24/2077(a)			294		274,605
MetLife Capital Trust IV 7.875%, 12/15/2037(a)			699		761,931
Nationwide Mutual Insurance Co. 9.375%, 08/15/2039(a)			246		343,241
Prudential Financial, Inc. 5.875%, 09/15/2042			805		804,316
Swiss Re Finance Luxembourg SA 5.00%, 04/02/2049(a)			400		382,424
Voya Financial, Inc. 5.65%, 05/15/2053			180		173,176
					2,739,693

7

	Principal Amount (000)			U.S. $ Value
Other Finance – 0.1%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust 4.45%, 04/03/2026		U.S.$	271	$	264,198
REITs – 0.6%
American Tower Corp. 3.65%, 03/15/2027			262		255,597
4.05%, 03/15/2032			130		124,470
GLP Capital LP/GLP Financing II, Inc. 3.25%, 01/15/2032			397		337,001
Vornado Realty LP 3.40%, 06/01/2031			709		601,778
					1,318,846
					30,468,508
Utility – 0.9%
Electric – 0.8%
AES Panama Generation Holdings SRL 4.375%, 05/31/2030(a)			274		224,217
Chile Electricity Pec SpA Zero Coupon, 01/25/2028(a)			679		461,635
Duke Energy Carolinas NC Storm Funding LLC Series A-2 2.617%, 07/01/2041			306		262,585
Engie Energia Chile SA 3.40%, 01/28/2030(a)			349		286,180
Entergy Corp. 1.90%, 06/15/2028			785		698,438
					1,933,055
Other Utility – 0.1%
American Water Capital Corp. 3.45%, 06/01/2029			151		146,046
					2,079,101
Total Corporates - Investment Grade (cost $77,869,670)					69,877,414
MORTGAGE PASS-THROUGHS – 19.9%
Agency Fixed Rate 30-Year – 19.0%
Federal Home Loan Mortgage Corp. Series 2019 3.50%, 10/01/2049			198		198,515
3.50%, 11/01/2049			276		276,751
Series 2020 3.50%, 01/01/2050			746		748,888
Series 2022 2.00%, 03/01/2052			1,999		1,805,545
2.50%, 04/01/2052			2,337		2,187,292
3.00%, 03/01/2052			1,318		1,276,056
Federal Home Loan Mortgage Corp. Gold Series 2005 5.50%, 01/01/2035			82		88,313

8

	Principal Amount (000)			U.S. $ Value
Series 2007 5.50%, 07/01/2035		U.S.$	14	$	15,054
Series 2016 4.00%, 02/01/2046			548		563,852
Series 2017 4.00%, 07/01/2044			366		376,852
Series 2018 4.50%, 03/01/2048			140		145,187
4.50%, 10/01/2048			362		375,321
4.50%, 11/01/2048			463		479,265
5.00%, 11/01/2048			167		173,932
Federal National Mortgage Association Series 2003 5.50%, 04/01/2033			26		27,616
5.50%, 07/01/2033			57		61,134
Series 2004 5.50%, 04/01/2034			7		7,355
5.50%, 05/01/2034			17		18,064
5.50%, 11/01/2034			24		26,307
5.50%, 01/01/2035			228		245,843
Series 2005 5.50%, 02/01/2035			34		36,473
Series 2007 5.50%, 08/01/2037			169		181,477
Series 2010 4.00%, 12/01/2040			233		239,338
Series 2012 3.50%, 02/01/2042			148		148,551
3.50%, 11/01/2042			1,588		1,606,904
3.50%, 01/01/2043			271		273,951
Series 2013 3.50%, 04/01/2043			926		937,285
4.00%, 10/01/2043			551		566,476
Series 2016 3.50%, 01/01/2047			411		412,254
Series 2018 4.50%, 09/01/2048			835		864,943
Series 2019 3.50%, 08/01/2049			609		609,971
3.50%, 09/01/2049			281		281,875
3.50%, 11/01/2049			533		534,171
Series 2020 3.50%, 01/01/2050			653		655,164
Series 2021 2.00%, 07/01/2051			2,052		1,850,125
2.50%, 01/01/2052			677		633,737
Series 2022 2.50%, 03/01/2052			1,483		1,385,147
2.50%, 04/01/2052			1,535		1,435,070
2.50%, 05/01/2052			1,953		1,826,522
3.00%, 02/01/2052			1,716		1,662,245
3.00%, 03/01/2052			2,220		2,150,320
Government National Mortgage Association Series 2016 3.00%, 04/20/2046			79		78,140
3.00%, 05/20/2046			192		189,849
Series 2022 3.00%, 08/01/2052, TBA			418		406,601
4.00%, 08/01/2052, TBA			994		1,004,667
4.50%, 09/01/2052, TBA			2,289		2,327,940

9

	Principal Amount (000)			U.S. $ Value
Uniform Mortgage-Backed Security Series 2022 2.00%, 08/01/2052, TBA		U.S.$	4,891	$	4,403,234
2.50%, 08/01/2052, TBA			5,906		5,503,592
3.00%, 08/01/2052, TBA			1,585		1,526,694
4.00%, 08/01/2052, TBA			1,253		1,258,880
					44,088,738
Agency Fixed Rate 15-Year – 0.9%
Federal National Mortgage Association Series 2016 2.50%, 08/01/2031			109		107,821
2.50%, 11/01/2031			498		493,086
2.50%, 12/01/2031			652		645,892
2.50%, 01/01/2032			163		161,653
Series 2017 2.50%, 02/01/2032			678		671,365
					2,079,817
Agency ARMs – 0.0%
Federal Home Loan Mortgage Corp. Series 2006 2.25% (LIBOR 12 Month + 2.00%), 01/01/2037(c)			8		8,584
Total Mortgage Pass-Throughs (cost $46,098,296)					46,177,139
COLLATERALIZED MORTGAGE OBLIGATIONS – 15.9%
Risk Share Floating Rate – 14.2%
Bellemeade Re Ltd. Series 2018-3A, Class M1B 4.109% (LIBOR 1 Month + 1.85%), 10/25/2028(a) (c)			263		262,205
Series 2018-3A, Class M2 5.009% (LIBOR 1 Month + 2.75%), 10/25/2028(a) (c)			325		316,473
Series 2019-1A, Class M1B 4.009% (LIBOR 1 Month + 1.75%), 03/25/2029(a) (c)			261		260,696
Series 2019-2A, Class M1C 4.259% (LIBOR 1 Month + 2.00%), 04/25/2029(a) (c)			487		481,459
Series 2019-2A, Class M2 5.359% (LIBOR 1 Month + 3.10%), 04/25/2029(a) (c)			325		317,307
Series 2019-3A, Class M1B 3.859% (LIBOR 1 Month + 1.60%), 07/25/2029(a) (c)			125		124,599
Series 2019-3A, Class M1C 4.209% (LIBOR 1 Month + 1.95%), 07/25/2029(a) (c)			263		257,713
Series 2019-4A, Class M1B 4.259% (LIBOR 1 Month + 2.00%), 10/25/2029(a) (c)			147		147,255

10

	Principal Amount (000)			U.S. $ Value
Series 2019-4A, Class M1C 4.759% (LIBOR 1 Month + 2.50%), 10/25/2029(a) (c)		U.S.$	750	$	748,303
Series 2019-4A, Class M2 5.109% (LIBOR 1 Month + 2.85%), 10/25/2029(a) (c)			540		514,015
Series 2021-1A, Class M1C 4.464% (SOFR + 2.95%), 03/25/2031(a) (c)			398		380,900
Series 2022-1, Class M1C 5.214% (SOFR + 3.70%), 01/26/2032(a) (c)			672		633,954
Connecticut Avenue Securities Trust Series 2018-R07, Class 1M2 4.659% (LIBOR 1 Month + 2.40%), 04/25/2031(a) (c)			34		34,218
Series 2019-R01, Class 2M2 4.709% (LIBOR 1 Month + 2.45%), 07/25/2031(a) (c)			105		104,693
Series 2019-R02, Class 1M2 4.559% (LIBOR 1 Month + 2.30%), 08/25/2031(a) (c)			22		22,132
Series 2019-R06, Class 2M2 4.359% (LIBOR 1 Month + 2.10%), 09/25/2039(a) (c)			38		37,775
Series 2020-R01, Class 1B1 5.509% (LIBOR 1 Month + 3.25%), 01/25/2040(a) (c)			500		453,020
Series 2020-SBT1, Class 1M2 5.909% (LIBOR 1 Month + 3.65%), 02/25/2040(a) (c)			1,000		977,997
Series 2020-SBT1, Class 2M2 5.909% (LIBOR 1 Month + 3.65%), 02/25/2040(a) (c)			300		294,905
Series 2021-R03, Class 1M2 3.164% (SOFR + 1.65%), 12/25/2041(a) (c)			250		233,158
Series 2022-R01, Class 1B1 4.664% (SOFR + 3.15%), 12/25/2041(a) (c)			625		567,514
Series 2022-R02, Class 2M1 2.714% (SOFR + 1.20%), 01/25/2042(a) (c)			537		525,792
Eagle Re Ltd. Series 2018-1, Class M2 5.259% (LIBOR 1 Month + 3.00%), 11/25/2028(a) (c)			325		320,872
Series 2019-1, Class M2 5.559% (LIBOR 1 Month + 3.30%), 04/25/2029(a) (c)			325		319,222

11

	Principal Amount (000)			U.S. $ Value
Series 2020-1, Class M1A 3.159% (LIBOR 1 Month + 0.90%), 01/25/2030(a) (c)		U.S.$	328	$	327,575
Series 2021-2, Class M1B 3.564% (SOFR + 2.05%), 04/25/2034(a) (c)			254		245,780
Federal Home Loan Mortgage Corp. Structured Agency Credit Risk Debt Notes Series 2015-HQA2, Class M3 7.059% (LIBOR 1 Month + 4.80%), 05/25/2028(c)			197		202,404
Series 2016-HQA3, Class M3 6.109% (LIBOR 1 Month + 3.85%), 03/25/2029(c)			752		765,239
Series 2017-DNA2, Class B1 7.409% (LIBOR 1 Month + 5.15%), 10/25/2029(c)			750		793,332
Series 2017-HQA2, Class B1 7.009% (LIBOR 1 Month + 4.75%), 12/25/2029(c)			800		836,416
Series 2017-HQA2, Class M2B 4.909% (LIBOR 1 Month + 2.65%), 12/25/2029(c)			560		552,349
Series 2017-HQA3, Class B1 6.709% (LIBOR 1 Month + 4.45%), 04/25/2030(c)			750		767,702
Series 2018-HQA2, Class B1 6.509% (LIBOR 1 Month + 4.25%), 10/25/2048(a) (c)			1,250		1,281,143
Series 2019-DNA1, Class B2 13.009% (LIBOR 1 Month + 10.75%), 01/25/2049(a) (c)			750		834,573
Series 2019-DNA3, Class B1 5.509% (LIBOR 1 Month + 3.25%), 07/25/2049(a) (c)			600		591,225
Series 2019-FTR2, Class B1 5.259% (LIBOR 1 Month + 3.00%), 11/25/2048(a) (c)			750		702,686
Series 2019-FTR2, Class M2 4.409% (LIBOR 1 Month + 2.15%), 11/25/2048(a) (c)			895		859,812
Series 2019-FTR3, Class B2 6.424% (LIBOR 1 Month + 4.80%), 09/25/2047(c) (d)			700		584,319
Series 2019-HQA2, Class B1 6.359% (LIBOR 1 Month + 4.10%), 04/25/2049(a) (c)			750		750,001
Series 2019-HQA3, Class B1 5.259% (LIBOR 1 Month + 3.00%), 09/25/2049(a) (c)			500		467,546
Series 2019-HQA4, Class B1 5.209% (LIBOR 1 Month + 2.95%), 11/25/2049(a) (c)			750		728,330

12

	Principal Amount (000)			U.S. $ Value
Series 2020-DNA5, Class M2 4.314% (SOFR + 2.80%), 10/25/2050(a) (c)		U.S.$	292	$	291,937
Series 2021-DNA3, Class B1 5.014% (SOFR + 3.50%), 10/25/2033(a) (c)			651		586,902
Series 2021-DNA6, Class M2 3.014% (SOFR + 1.50%), 10/25/2041(a) (c)			828		772,491
Series 2021-DNA7, Class M2 3.314% (SOFR + 1.80%), 11/25/2041(a) (c)			806		748,582
Series 2021-HQA4, Class M2 3.864% (SOFR + 2.35%), 12/25/2041(a) (c)			513		460,214
Series 2022-DNA1, Class M2 4.014% (SOFR + 2.50%), 01/25/2042(a) (c)			806		734,510
Series 2022-DNA2, Class M2 5.264% (SOFR + 3.75%), 02/25/2042(a) (c)			605		568,650
Federal National Mortgage Association Connecticut Avenue Securities Series 2015-C02, Class 1M2 6.259% (LIBOR 1 Month + 4.00%), 05/25/2025(c)			109		111,111
Series 2015-C03, Class 1M2 7.259% (LIBOR 1 Month + 5.00%), 07/25/2025(c)			109		110,590
Series 2015-C04, Class 1M2 7.959% (LIBOR 1 Month + 5.70%), 04/25/2028(c)			306		319,675
Series 2016-C02, Class 1B 14.509% (LIBOR 1 Month + 12.25%), 09/25/2028(c)			149		168,688
Series 2016-C03, Class 1B 14.009% (LIBOR 1 Month + 11.75%), 10/25/2028(c)			99		110,037
Series 2016-C06, Class 1B 11.509% (LIBOR 1 Month + 9.25%), 04/25/2029(c)			377		392,835
Series 2016-C07, Class 2B 11.759% (LIBOR 1 Month + 9.50%), 05/25/2029(c)			378		394,896
Series 2017-C01, Class 1B1 8.009% (LIBOR 1 Month + 5.75%), 07/25/2029(c)			750		819,376
Series 2017-C02, Class 2B1 7.759% (LIBOR 1 Month + 5.50%), 09/25/2029(c)			750		811,198

13

	Principal Amount (000)			U.S. $ Value
Series 2017-C04, Class 2M2 5.109% (LIBOR 1 Month + 2.85%), 11/25/2029(c)		U.S.$	228	$	230,132
Series 2017-C06, Class 2B1 6.709% (LIBOR 1 Month + 4.45%), 02/25/2030(c)			750		773,133
Series 2017-C07, Class 1B1 6.259% (LIBOR 1 Month + 4.00%), 05/25/2030(c)			305		313,453
Series 2017-C07, Class 2B1 6.709% (LIBOR 1 Month + 4.45%), 05/25/2030(c)			750		764,973
Series 2021-R02, Class 2B1 4.814% (SOFR + 3.30%), 11/25/2041(a) (c)			441		399,812
JPMorgan Madison Avenue Securities Trust Series 2014-CH1, Class M2 6.509% (LIBOR 1 Month + 4.25%), 11/25/2024(c) (d)			21		19,923
Mortgage Insurance-Linked Notes Series 2019-1, Class M2 5.159% (LIBOR 1 Month + 2.90%), 11/26/2029(a) (c)			14		14,322
PMT Credit Risk Transfer Trust Series 2019-2R, Class A 5.05% (LIBOR 1 Month + 2.75%), 05/27/2023(a) (c)			272		265,921
Series 2019-3R, Class A 5.00% (LIBOR 1 Month + 2.70%), 10/27/2022(a) (c)			110		109,842
Series 2020-1R, Class A 4.65% (LIBOR 1 Month + 2.35%), 02/27/2023(c) (d)			183		180,496
Radnor Re Ltd. Series 2019-1, Class M1B 4.209% (LIBOR 1 Month + 1.95%), 02/25/2029(a) (c)			635		624,114
Series 2019-2, Class M1B 4.009% (LIBOR 1 Month + 1.75%), 06/25/2029(a) (c)			114		113,422
Series 2020-1, Class M1A 3.209% (LIBOR 1 Month + 0.95%), 01/25/2030(a) (c)			737		733,251
Series 2020-1, Class M2A 4.259% (LIBOR 1 Month + 2.00%), 01/25/2030(a) (c)			850		782,241
Traingle Re Ltd. Series 2021-3, Class M1B 4.414% (SOFR + 2.90%), 02/25/2034(a) (c)			530		502,072
Wells Fargo Credit Risk Transfer Securities Trust Series 2015-WF1, Class 1M2 7.509% (LIBOR 1 Month + 5.25%), 11/25/2025(c) (d)			125		114,567
Series 2015-WF1, Class 2M2 7.759% (LIBOR 1 Month + 5.50%), 11/25/2025(c) (d)			30		28,131
					32,998,106

14

	Principal Amount (000)			U.S. $ Value
Agency Fixed Rate – 0.6%
Federal Home Loan Mortgage Corp. REMICs Series 5015, Class BI 4.00%, 09/25/2050(e)		U.S.$	1,387	$	258,499
Federal National Mortgage Association Grantor Trust Series 2004-T5, Class AB4 2.164%, 05/28/2035			60		54,273
Federal National Mortgage Association REMICs Series 2016-31, Class IO 5.00%, 06/25/2046(e)			2,820		504,825
Series 2020-89, Class KI 4.00%, 12/25/2050(e)			3,015		559,404
					1,377,001
Agency Floating Rate – 0.6%
Federal Home Loan Mortgage Corp. REMICs Series 4719, Class JS 4.151% (6.15% – LIBOR 1 Month), 09/15/2047(c) (f)			657		93,902
Series 4981, Class HS 3.841% (6.10% – LIBOR 1 Month), 06/25/2050(c) (f)			2,015		258,319
Federal National Mortgage Association REMICs Series 2011-131, Class ST 4.281% (6.54% – LIBOR 1 Month), 12/25/2041(c) (f)			465		72,957
Series 2015-90, Class SL 3.891% (6.15% – LIBOR 1 Month), 12/25/2045(c) (f)			930		135,293
Series 2016-77, Class DS 3.741% (6.00% – LIBOR 1 Month), 10/25/2046(c) (f)			724		102,437
Series 2017-26, Class TS 3.691% (5.95% – LIBOR 1 Month), 04/25/2047(c) (f)			923		139,625
Series 2017-62, Class AS 3.891% (6.15% – LIBOR 1 Month), 08/25/2047(c) (f)			798		123,244
Series 2017-81, Class SA 3.941% (6.20% – LIBOR 1 Month), 10/25/2047(c) (f)			942		144,627
Series 2017-97, Class LS 3.941% (6.20% – LIBOR 1 Month), 12/25/2047(c) (f)			928		144,499

15

	Principal Amount (000)			U.S. $ Value
Government National Mortgage Association Series 2017-65, Class ST 4.024% (6.15% – LIBOR 1 Month), 04/20/2047(c) (f)		U.S.$	854	$	134,472
					1,349,375
Non-Agency Floating Rate – 0.3%
Deutsche Alt-A Securities Mortgage Loan Trust Series 2006-AR4, Class A2 2.639% (LIBOR 1 Month + 0.38%), 12/25/2036(c)			449		173,388
HomeBanc Mortgage Trust Series 2005-1, Class A1 2.759% (LIBOR 1 Month + 0.50%), 03/25/2035(c)			83		70,476
Impac Secured Assets Corp. Series 2005-2, Class A2D 3.119% (LIBOR 1 Month + 0.86%), 03/25/2036(c)			151		128,684
JPMorgan Chase Bank, NA Series 2019-CL1, Class M3 4.359% (LIBOR 1 Month + 2.10%), 04/25/2047(a) (c)			96		94,548
Residential Accredit Loans, Inc. Trust Series 2007-QS4, Class 2A4 1.964% (LIBOR 1 Month + 0.34%), 03/25/2037(c)			502		94,716
Structured Asset Securities Corp. Mortgage Pass-Through Certificates Series 2002-3, Class B3 6.50%, 03/25/2032			452		112,491
					674,303
Non-Agency Fixed Rate – 0.2%
Alternative Loan Trust Series 2006-24CB, Class A16 5.75%, 08/25/2036			192		122,337
Series 2006-28CB, Class A14 6.25%, 10/25/2036			147		91,256
Series 2006-J1, Class 1A13 5.50%, 02/25/2036			86		67,496
Countrywide Home Loan Mortgage Pass-Through Trust Series 2006-13, Class 1A19 6.25%, 09/25/2036			47		24,680
JPMorgan Alternative Loan Trust Series 2006-A3, Class 2A1 3.545%, 07/25/2036			370		295,231
					601,000
Total Collateralized Mortgage Obligations (cost $39,786,874)					36,999,785

16

	Principal Amount (000)			U.S. $ Value
GOVERNMENTS - TREASURIES – 9.6%
United States – 9.6%
U.S. Treasury Bonds 2.375%, 02/15/2042		U.S.$	734	$	644,658
3.125%, 08/15/2044(g)			3,034		2,966,126
3.25%, 05/15/2042			637		643,471
U.S. Treasury Notes 2.625%, 02/28/2023			14,141		14,114,386
2.75%, 07/31/2027			993		995,583
2.875%, 05/15/2032			1,629		1,661,478
3.00%, 06/30/2024(g)			1,214		1,215,507
Total Governments - Treasuries (cost $22,427,698)					22,241,209
COMMERCIAL MORTGAGE-BACKED SECURITIES – 9.4%
Non-Agency Fixed Rate CMBS – 6.3%
BAMLL Commercial Mortgage Securities Trust Series 2013-WBRK, Class D 3.534%, 03/10/2037(a)			960		841,787
Banc of America Commercial Mortgage Trust Series 2015-UBS7, Class AS 3.989%, 09/15/2048			860		840,445
CFCRE Commercial Mortgage Trust Series 2016-C4, Class AM 3.691%, 05/10/2058			375		359,391
CGRBS Commercial Mortgage Trust Series 2013-VN05, Class A 3.369%, 03/13/2035(a)			1,305		1,303,732
Citigroup Commercial Mortgage Trust Series 2013-GC11, Class B 3.732%, 04/10/2046			500		494,736
Series 2013-GC17, Class D 5.101%, 11/10/2046(a)			565		515,395
COMM Mortgage Trust Series 2013-LC6, Class B 3.739%, 01/10/2046			1,580		1,564,581
Commercial Mortgage Trust Series 2013-SFS, Class A1 1.873%, 04/12/2035(a)			58		56,858
Series 2014-LC17, Class B 4.49%, 10/10/2047			800		780,550
Series 2014-UBS6, Class AM 4.048%, 12/10/2047			375		367,890
GS Mortgage Securities Trust Series 2011-GC5, Class D 5.159%, 08/10/2044(a)			252		107,201
Series 2013-G1, Class A2 3.557%, 04/10/2031(a)			766		758,568
GSF Series 2021-1, Class A1 1.433%, 08/15/2026(d) (h)			277		258,564
Series 2021-1, Class A2 2.435%, 08/15/2026(d) (h)			620		588,192
Series 2021-1, Class AS 2.638%, 08/15/2026(d) (h)			25		23,164

17

	Principal Amount (000)		U.S. $ Value
JPMBB Commercial Mortgage Securities Trust Series 2014-C24, Class C 4.384%, 11/15/2047	U.S.$	890	$	780,991
JPMorgan Chase Commercial Mortgage Securities Trust Series 2012-C6, Class D 4.95%, 05/15/2045		690		659,778
Series 2012-C6, Class E 4.95%, 05/15/2045(a)		389		300,423
LB-UBS Commercial Mortgage Trust Series 2006-C6, Class AJ 5.452%, 09/15/2039		77		33,804
LSTAR Commercial Mortgage Trust Series 2016-4, Class A2 2.579%, 03/10/2049(a)		183		181,091
UBS-Barclays Commercial Mortgage Trust Series 2012-C4, Class C 4.402%, 12/10/2045(a)		820		809,998
Wells Fargo Commercial Mortgage Trust Series 2016-LC24, Class XA 1.613%, 10/15/2049(e)		7,684		398,657
Series 2016-LC25, Class C 4.339%, 12/15/2059		545		504,057
Series 2016-NXS6, Class C 4.394%, 11/15/2049		600		557,095
WF-RBS Commercial Mortgage Trust Series 2013-C11, Class B 3.714%, 03/15/2045		480		475,531
Series 2013-C11, Class XA 1.108%, 03/15/2045(a) (e)		5,607		9,947
Series 2014-C24, Class AS 3.931%, 11/15/2047		945		924,604
				14,497,030
Non-Agency Floating Rate CMBS – 3.1%
AREIT Trust Series 2022-CRE6, Class A 2.722% (SOFR + 1.25%), 01/16/2037(a) (c)		1,055		1,013,698
Ashford Hospitality Trust Series 2018-KEYS, Class A 3.00% (LIBOR 1 Month + 1.00%), 06/15/2035(a) (c)		526		507,913
BAMLL Commercial Mortgage Securities Trust Series 2017-SCH, Class AF 3.00% (LIBOR 1 Month + 1.00%), 11/15/2033(a) (c)		1,330		1,251,364
BBCMS Mortgage Trust Series 2020-BID, Class A 4.139% (LIBOR 1 Month + 2.14%), 10/15/2037(a) (c)		692		680,874

18

	Principal Amount (000)			U.S. $ Value
BFLD Trust Series 2021-FPM, Class A 3.60% (LIBOR 1 Month + 1.60%), 06/15/2038(a) (c)		U.S.$	1,060	$	1,023,084
BX Commercial Mortgage Trust Series 2019-IMC, Class D 3.899% (LIBOR 1 Month + 1.90%), 04/15/2034(a) (c)			142		134,865
Series 2019-IMC, Class E 4.149% (LIBOR 1 Month + 2.15%), 04/15/2034(a) (c)			566		529,174
CLNY Trust Series 2019-IKPR, Class D 4.024% (LIBOR 1 Month + 2.03%), 11/15/2038(a) (c)			540		503,351
Federal Home Loan Mortgage Corp. Multifamily Structured Credit Risk Series 2021-MN1, Class M1 3.514% (SOFR + 2.00%), 01/25/2051(a) (c)			81		75,863
HFX Funding Issuer Series 2017-1A, Class A3 3.647%, 03/15/2035(d)			710		662,158
Morgan Stanley Capital I Trust Series 2019-BPR, Class C 5.299% (LIBOR 1 Month + 3.30%), 05/15/2036(a) (c)			520		491,737
Natixis Commercial Mortgage Securities Trust Series 2019-MILE, Class A 3.499% (LIBOR 1 Month + 1.50%), 07/15/2036(a) (c)			379		372,530
					7,246,611
Agency CMBS – 0.0%
Government National Mortgage Association Series 2006-39, Class IO 0.00%, 07/16/2046(e)			428		4
Total Commercial Mortgage-Backed Securities (cost $23,019,133)					21,743,645
ASSET-BACKED SECURITIES – 7.7%
Autos - Fixed Rate – 3.7%
ACM Auto Trust Series 2022-1A, Class A 3.23%, 04/20/2029(a)			523		521,270
Avis Budget Rental Car Funding AESOP LLC Series 2017-2A, Class D 4.56%, 03/20/2024(a)			482		479,727
Series 2018-1A, Class A 3.70%, 09/20/2024(a)			920		917,668
Series 2018-2A, Class A 4.00%, 03/20/2025(a)			755		750,675

19

	Principal Amount (000)			U.S. $ Value
Carvana Auto Receivables Trust Series 2021-N3, Class C 1.02%, 06/12/2028		U.S.$	313	$	299,095
Series 2021-N4, Class D 2.30%, 09/11/2028			266		248,668
CPS Auto Receivables Trust Series 2021-C, Class D 1.69%, 06/15/2027(a)			470		435,437
FHF Trust Series 2021-2A, Class A 0.83%, 12/15/2026(a)			227		217,207
First Investors Auto Owner Trust Series 2018-1A, Class E 5.35%, 07/15/2024(a)			1,000		1,000,855
Flagship Credit Auto Trust Series 2019-3, Class E 3.84%, 12/15/2026(a)			960		925,443
Series 2020-1, Class E 3.52%, 06/15/2027(a)			1,000		946,938
Ford Credit Auto Owner Trust Series 2021-1, Class D 2.31%, 10/17/2033(a)			542		488,912
Hertz Vehicle Financing III LLC Series 2022-1A, Class C 2.63%, 06/25/2026(a)			450		414,827
Octane Receivables Trust Series 2021-2A, Class C 2.53%, 05/21/2029(a)			541		470,086
Santander Bank Auto Credit-Linked Notes Series 2022-A, Class B 5.281%, 05/15/2032(a)			514		508,420
					8,625,228
Other ABS - Fixed Rate – 3.6%
AB Issuer LLC Series 2021-1, Class A2 3.734%, 07/30/2051(a)			739		662,497
Affirm Asset Securitization Trust Series 2021-Z1, Class A 1.07%, 08/15/2025(a)			175		170,318
Series 2021-Z2, Class A 1.17%, 11/16/2026(a)			164		159,256
Series 2022-X1, Class A 1.75%, 02/15/2027(a)			470		460,217
Atalaya Equipment Leasing Trust Series 2021-1A, Class C 2.69%, 06/15/2028(a)			600		567,401
Cajun Global LLC Series 2021-1, Class A2 3.931%, 11/20/2051(a)			140		125,822
College Ave Student Loans LLC Series 2021-C, Class C 3.06%, 07/26/2055(a)			213		191,812

20

	Principal Amount (000)			U.S. $ Value
Conn’s Receivables Funding LLC Series 2021-A, Class A 1.05%, 05/15/2026(a)		U.S.$	272	$	269,803
Dext ABS LLC Series 2021-1, Class C 2.29%, 09/15/2028(a)			519		470,866
Series 2021-1, Class D 2.81%, 03/15/2029(a)			260		232,122
Diamond Issuer Series 2021-1A, Class B 2.701%, 11/20/2051(a)			566		501,369
Domino’s Pizza Master Issuer LLC Series 2021-1A, Class A2I 2.662%, 04/25/2051(a)			411		361,724
GCI Funding I LLC Series 2021-1, Class A 2.38%, 06/18/2046(a)			276		249,161
Hardee’s Funding LLC Series 2018-1A, Class A23 5.71%, 06/20/2048(a)			328		321,257
Series 2020-1A, Class A2 3.981%, 12/20/2050(a)			985		910,527
MVW LLC Series 2021-2A, Class C 2.23%, 05/20/2039(a)			784		720,267
Neighborly Issuer Series 2022-1A, Class A2 3.695%, 01/30/2052(a)			366		318,704
Neighborly Issuer LLC Series 2021-1A, Class A2 3.584%, 04/30/2051(a)			300		262,738
Nelnet Student Loan Trust Series 2021-BA, Class B 2.68%, 04/20/2062(a)			220		191,383
SEB Funding LLC Series 2021-1A, Class A2 4.969%, 01/30/2052(a)			690		621,269
Upstart Securitization Trust Series 2020-3, Class A 1.702%, 11/20/2030(a)			37		36,893
Series 2021-3, Class B 1.66%, 07/20/2031(a)			480		442,966
					8,248,372
Credit Cards - Fixed Rate – 0.4%
Brex Commercial Charge Card Master Trust Series 2021-1, Class A 2.09%, 07/15/2024(a)			397		389,820
Series 2022-1, Class A 4.63%, 07/15/2025(a)			565		556,555
					946,375
Total Asset-Backed Securities (cost $18,973,482)					17,819,975

21

	Principal Amount (000)			U.S. $ Value
COLLATERALIZED LOAN OBLIGATIONS – 3.8%
CLO - Floating Rate – 3.8%
AGL CLO 12 Ltd. Series 2021-12A, Class D 5.56% (LIBOR 3 Month + 2.85%), 07/20/2034(a) (c)		U.S.$	500	$	449,578
Balboa Bay Loan Funding Ltd. Series 2021-1A, Class D 5.76% (LIBOR 3 Month + 3.05%), 07/20/2034(a) (c)			709		637,998
Ballyrock CLO 16 Ltd. Series 2021-16A, Class C 5.61% (LIBOR 3 Month + 2.90%), 07/20/2034(a) (c)			400		359,657
Elevation CLO Ltd. Series 2020-11A, Class D1 6.362% (LIBOR 3 Month + 3.85%), 04/15/2033(a) (c)			1,000		929,263
Elmwood CLO IX Ltd. Series 2021-2A, Class D 5.66% (LIBOR 3 Month + 2.95%), 07/20/2034(a) (c)			700		646,072
Flatiron CLO 21 Ltd. Series 2021-1A, Class D 5.638% (LIBOR 3 Month + 2.90%), 07/19/2034(a) (c)			700		633,810
Goldentree Loan Management US CLO 7 Ltd. Series 2020-7A, Class AR 3.78% (LIBOR 3 Month + 1.07%), 04/20/2034(a) (c)			581		561,765
Neuberger Berman Loan Advisers CLO 42 Ltd. Series 2021-42A, Class D 5.54% (LIBOR 3 Month + 2.80%), 07/16/2035(a) (c)			698		637,402
OCP CLO Ltd. Series 2020-18A, Class AR 3.80% (LIBOR 3 Month + 1.09%), 07/20/2032(a) (c)			761		742,376
Peace Park CLO Ltd. Series 2021-1A, Class D 5.66% (LIBOR 3 Month + 2.95%), 10/20/2034(a) (c)			300		276,305
Pikes Peak CLO 8 Series 2021-8A, Class A 3.88% (LIBOR 3 Month + 1.17%), 07/20/2034(a) (c)			675		656,288

22

	Principal Amount (000)			U.S. $ Value
Regatta XX Funding Ltd. Series 2021-2A, Class A 3.672% (LIBOR 3 Month + 1.16%), 10/15/2034(a) (c)		U.S.$	1,019	$	977,224
Rockford Tower CLO Ltd. Series 2021-1A, Class D 5.71% (LIBOR 3 Month + 3.00%), 07/20/2034(a) (c)			711		645,553
Series 2021-2A, Class A1 3.87% (LIBOR 3 Month + 1.16%), 07/20/2034(a) (c)			504		487,995
Voya CLO Ltd. Series 2019-1A, Class DR 5.362% (LIBOR 3 Month + 2.85%), 04/15/2031(a) (c)			210		182,123
Total Collateralized Loan Obligations (cost $9,468,061)					8,823,409
CORPORATES - NON-INVESTMENT GRADE – 3.4%
Industrial – 2.4%
Basic – 0.3%
INEOS Quattro Finance 2 PLC 2.50%, 01/15/2026(a)		EUR	313		288,980
Sealed Air Corp. 4.00%, 12/01/2027(a)		U.S.$	379		360,410
					649,390
Capital Goods – 0.1%
TK Elevator Midco GmbH 4.375%, 07/15/2027(a)		EUR	181		169,724
Communications - Media – 0.6%
Altice Financing SA 3.00%, 01/15/2028(a)			181		156,380
CCO Holdings LLC/CCO Holdings Capital Corp. 4.50%, 08/15/2030(a)		U.S.$	136		121,013
4.50%, 06/01/2033(a)			483		406,532
4.75%, 02/01/2032(a)			146		128,896
DISH DBS Corp. 5.75%, 12/01/2028(a)			322		261,132
Summer BC Holdco B SARL 5.75%, 10/31/2026(a)		EUR	181		171,577
VZ Vendor Financing II BV 2.875%, 01/15/2029(a)			181		148,931
					1,394,461
Communications - Telecommunications – 0.1%
Altice France SA/France 3.375%, 01/15/2028(a)			181		153,911
Lorca Telecom Bondco SA 4.00%, 09/18/2027(a)			181		169,376
					323,287

23

	Principal Amount (000)			U.S. $ Value
Consumer Cyclical - Automotive – 0.4%
Adient Global Holdings Ltd. 3.50%, 08/15/2024(a)		EUR	181	$	176,740
Clarios Global LP/Clarios US Finance Co. 4.375%, 05/15/2026(a)			130		123,151
Ford Motor Credit Co., LLC 4.95%, 05/28/2027		U.S.$	397		390,025
ZF Finance GmbH 3.75%, 09/21/2028(a)		EUR	200		181,314
					871,230
Consumer Cyclical - Entertainment – 0.4%
Carnival Corp. 4.00%, 08/01/2028(a)		U.S.$	712		620,593
Royal Caribbean Cruises Ltd. 11.50%, 06/01/2025(a)			391		417,756
					1,038,349
Consumer Cyclical - Other – 0.1%
NH Hotel Group SA 4.00%, 07/02/2026(a)		EUR	181		171,389
Consumer Non-Cyclical – 0.3%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC 3.50%, 03/15/2029(a)		U.S.$	373		323,898
IQVIA, Inc. 2.25%, 03/15/2029(a)		EUR	100		88,898
Nobel Bidco BV 3.125%, 06/15/2028(a)			181		139,676
Organon & Co./Organon Foreign Debt Co-Issuer BV 2.875%, 04/30/2028(a)			100		92,996
					645,468
Services – 0.1%
APCOA Parking Holdings GmbH 4.625%, 01/15/2027(a)			181		151,267
Transportation - Airlines – 0.0%
Deutsche Lufthansa AG 3.00%, 05/29/2026(a)			100		91,318
					5,505,883
Financial Institutions – 0.9%
Banking – 0.9%
Credit Suisse Group AG 7.50%, 07/17/2023(a)		U.S.$	560		521,690
7.50%, 07/17/2023(a) (b)			255		237,555
Discover Financial Services Series D 6.125%, 06/23/2025(b)			1,087		1,122,317

24

	Principal Amount (000)			U.S. $ Value
Intesa Sanpaolo SpA 5.017%, 06/26/2024(a)		U.S.$	288	$	278,050
					2,159,612
Utility – 0.1%
Electric – 0.1%
Vistra Corp. 7.00%, 12/15/2026(a) (b)			218		199,356
Total Corporates - Non-Investment Grade (cost $8,890,631)					7,864,851
EMERGING MARKETS - CORPORATE BONDS – 1.3%
Industrial – 1.3%
Basic – 0.3%
Stillwater Mining Co. 4.00%, 11/16/2026(a)			446		381,330
Vedanta Resources Finance II PLC 13.875%, 01/21/2024(a)			377		324,055
Volcan Cia Minera SAA 4.375%, 02/11/2026(a)			76		66,206
					771,591
Capital Goods – 0.5%
Cemex SAB de CV 3.875%, 07/11/2031(a)			572		458,422
Embraer Netherlands Finance BV 5.40%, 02/01/2027			540		522,963
6.95%, 01/17/2028(a)			219		219,274
Odebrecht Holdco Finance Ltd. Zero Coupon, 09/10/2058(a)			477		2,753
					1,203,412
Communications - Media – 0.2%
Globo Comunicacao e Participacoes SA 4.875%, 01/22/2030(a)			417		333,418
Consumer Cyclical - Other – 0.1%
Wynn Macau Ltd. 5.625%, 08/26/2028(a)			330		250,800
Consumer Non-Cyclical – 0.1%
Natura Cosmeticos SA 4.125%, 05/03/2028(a)			283		238,074
Virgolino de Oliveira Finance SA 10.50%, 01/28/2018(d) (h) (i) (j) (k)			660		66
					238,140
Services – 0.1%
MercadoLibre, Inc. 2.375%, 01/14/2026			200		180,162
					2,977,523

25

	Principal Amount (000)			U.S. $ Value
Utility – 0.0%
Electric – 0.0%
Terraform Global Operating LLC 6.125%, 03/01/2026(d)		U.S.$	60	$	57,290
Financial Institutions – 0.0%
Other Finance – 0.0%
OEC Finance Ltd. 5.25%, 12/27/2033(a) (l)			198		4,560
7.125%, 12/26/2046(a) (l)			248		7,562
					12,122
Total Emerging Markets - Corporate Bonds (cost $4,434,791)					3,046,935
LOCAL GOVERNMENTS - US MUNICIPAL BONDS – 0.9%
United States – 0.9%
State of California Series 2010 7.625%, 03/01/2040			970		1,317,003
Tobacco Settlement Finance Authority/WV Series 2020 3.00%, 06/01/2035			193		188,054
University of California Series 2021-B 3.071%, 05/15/2051			730		556,091
Total Local Governments - US Municipal Bonds (cost $2,270,562)					2,061,148
	Shares
COMMON STOCKS – 0.4%
Financials – 0.4%
Insurance – 0.4%
Mt. Logan Re Ltd.(h) (i) (j) (m)			150		133,087
Mt. Logan Re Ltd. (Preference Shares)(h) (i) (j) (m)			944		853,693
Total Common Stocks (cost $945,040)					986,780
	Principal Amount (000)
EMERGING MARKETS - SOVEREIGNS – 0.4%
Dominican Republic – 0.3%
Dominican Republic International Bond 4.875%, 09/23/2032(a)		U.S.$	763		639,156
Egypt – 0.1%
Egypt Government International Bond 5.875%, 02/16/2031(a)			412		254,410
Total Emerging Markets - Sovereigns (cost $1,163,252)					893,566

26

	Principal Amount (000)			U.S. $ Value
QUASI-SOVEREIGNS – 0.3%
Quasi-Sovereign Bonds – 0.3%
Mexico – 0.3%
Comision Federal de Electricidad 3.348%, 02/09/2031(a)		U.S.$	653	$	521,502
4.688%, 05/15/2029(a)			295		272,101
Total Quasi-Sovereigns (cost $947,944)					793,603
GOVERNMENTS - SOVEREIGN BONDS – 0.1%
Colombia – 0.1%
Colombia Government International Bond 3.125%, 04/15/2031 (cost $373,874)			375		296,203
	Shares
SHORT-TERM INVESTMENTS – 2.7%
Investment Companies – 2.2%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 1.72%(n) (o) (p) (cost $5,127,152)			5,127,152		5,127,152
	Principal Amount (000)
Governments - Treasuries – 0.3%
Japan – 0.3%
Japan Treasury Discount Bill Series 1083 Zero Coupon, 08/29/2022 (cost $583,177)		JPY	76,900		576,764
U.S. Treasury Bills – 0.2%
U.S. Treasury Bills Zero Coupon, 12/08/2022 (cost $468,942)		U.S.$	472		467,478
Total Short-Term Investments (cost $6,179,271)					6,171,394
Total Investments – 105.9% (cost $262,848,579)(q)					245,797,056
Other assets less liabilities – (5.9)%					(13,705,510	)
Net Assets – 100.0%				$	232,091,546

27

FUTURES

Description	Number of Contracts		Expiration Month		Current Notional			Value and Unrealized Appreciation/ (Depreciation)
Purchased Contracts
Euro-Bund Futures		40		September 2022		$	6,444,637		$	392,080
U.S. T-Note 2 Yr (CBT) Futures		52		September 2022			10,943,969			(12,251	)
U.S. Ultra Bond (CBT) Futures		151		September 2022			23,905,188			282,112
Sold Contracts
10 Yr Japan Bond (OSE) Futures		7		September 2022			7,900,787			(163,062	)
U.S. 10 Yr Ultra Futures		19		September 2022			2,493,750			(114,729	)
									$	384,150

FORWARD CURRENCY EXCHANGE CONTRACTS

Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation/ (Depreciation)
Bank of America, NA		EUR	2,384		USD	2,427		09/29/2022	$	(19,597	)
Morgan Stanley Capital Services, Inc.		JPY	77,020		USD	563		09/08/2022		(16,057	)
State Street Bank & Trust Co.		EUR	375		USD	382		09/29/2022		(2,632	)
									$	(38,286	)

CENTRALLY CLEARED CREDIT DEFAULT SWAPS

Description	Fixed Rate (Pay) Receive			Payment Frequency	Implied Credit Spread at July 31, 2022	Notional Amount (000)			Market Value			Upfront Premiums Paid/ (Received)			Unrealized Appreciation/ (Depreciation)
Buy Contracts
CDX-NAHY Series 38, 5 Year Index, 06/20/2027*		(5.00	)%	Quarterly	4.71%		USD	2,998	$	(50,755	)	$	(133,852	)	$	83,097

* Termination date

CENTRALLY CLEARED INTEREST RATE SWAPS

			Rate Type
Notional Amount (000)		Termination Date	Payments made by the Fund	Payments received by the Fund	Payment Frequency Paid/ Received	Market Value		Upfront Premiums Paid/ (Received)		Unrealized Appreciation/ (Depreciation)
USD	2,000	12/13/2029	1.764%	3 Month LIBOR	Semi-Annual/ Quarterly	$	122,640	$	—	$	122,640

28

CREDIT DEFAULT SWAPS

Swap Counterparty & Referenced Obligation	Fixed Rate (Pay) Receive			Payment Frequency		Implied Credit Spread at July 31, 2022		Notional Amount (000)			Market Value		Upfront Premiums Paid/ (Received)		Unrealized Appreciation/ (Depreciation)
Sale Contracts
Citigroup Global Markets, Inc.
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00	%		Monthly		7.50%		USD	4	$	(979)	$	(657)	$	(322)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	4		(980)		(526)		(454)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	10		(2,155)		(1,219)		(936)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	11		(2,547)		(1,280)		(1,267)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	12		(2,743)		(1,162)		(1,581)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	22		(4,899)		(2,707)		(2,192)
Credit Suisse International
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	135		(30,368)		(8,748)		(21,620)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	1,635		(368,698)		(62,808)		(305,890)
Deutsche Bank AG
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	3		(784)		(374)		(410)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	45		(10,188)		(4,976)		(5,212)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	40		(9,012)		(2,155)		(6,857)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	157		(35,462)		(16,894)		(18,568)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	280		(63,088)		(33,123)		(29,965)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	647		(145,965)		(42,623)		(103,342)

29

Swap Counterparty & Referenced Obligation	Fixed Rate (Pay) Receive			Payment Frequency		Implied Credit Spread at July 31, 2022		Notional Amount (000)			Market Value			Upfront Premiums Paid/ (Received)			Unrealized Appreciation/ (Depreciation)
Goldman Sachs International
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00	%		Monthly		7.50%		USD	23	$	(5,094	)	$	(1,902	)	$	(3,192	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	45		(10,188	)		(4,193	)		(5,995	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	45		(10,189	)		(3,875	)		(6,314	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	90		(20,376	)		(9,165	)		(11,211	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	226		(50,941	)		(28,886	)		(22,055	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	190		(42,908	)		(11,852	)		(31,056	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	309		(69,750	)		(30,962	)		(38,788	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	270		(60,933	)		(21,938	)		(38,995	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	660		(148,904	)		(49,391	)		(99,513	)
JPMorgan Securities, LLC
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	26		(5,878	)		(2,389	)		(3,489	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	28		(6,270	)		(2,549	)		(3,721	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	114		(25,666	)		(10,404	)		(15,262	)
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	325		(73,277	)		(37,442	)		(35,835	)
Morgan Stanley & Co. International PLC
CDX-CMBX.NA.BBB- Series 6, 05/11/2063*		3.00			Monthly		7.50		USD	695		(156,741	)		(96,514	)		(60,227	)
											$	(1,364,983	)	$	(490,714	)	$	(874,269	)

* Termination date

30

TOTAL RETURN SWAPS

Counterparty & Referenced Obligation	Rate Paid/ Received		Payment Frequency		Current Notional (000)			Maturity Date		Unrealized Appreciation/ (Depreciation)
Pay Total Return on Reference Obligation
JPMorgan Chase Bank, NA
iBoxx $ Liquid High Yield Index		1 Day SOFR		Maturity		USD	13,831		09/20/2022	$	(709,914)

(a) Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At July 31, 2022, the aggregate market value of these securities amounted to $94,779,923 or 40.8% of net assets.

(b) Securities are perpetual and, thus, do not have a predetermined maturity date. The date shown, if applicable, reflects the next call date.

(c) Floating Rate Security. Stated interest/floor/ceiling rate was in effect at July 31, 2022.

(d) Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 1.08% of net assets as of July 31, 2022, are considered illiquid and restricted. Additional information regarding such securities follows:

144A/Restricted & Illiquid Securities	Acquisition Date	Cost		Market Value		Percentage of Net Assets
Federal Home Loan Mortgage Corp. Structured Agency Credit Risk Debt Notes Series 2019-FTR3, Class B2 6.424%, 09/25/2047	01/07/2020	$	732,198	$	584,319	0.25%
GSF Series 2021-1, Class A1 1.433%, 08/15/2026	02/25/2021		269,491		258,564	0.11%
GSF Series 2021-1, Class A2 2.435%, 08/15/2026	02/25/2021		636,135		588,192	0.25%
GSF Series 2021-1, Class AS 2.638%, 08/15/2026	02/25/2021		25,564		23,164	0.01%
HFX Funding Issuer Series 2017-1A, Class A3 3.647%, 03/15/2035	11/19/2020		756,820		662,158	0.29%
JPMorgan Madison Avenue Securities Trust Series 2014-CH1, Class M2 6.509%, 11/25/2024	11/06/2015		20,793		19,923	0.01%
PMT Credit Risk Transfer Trust Series 2020-1R, Class A 4.65%, 02/27/2023	02/11/2020		183,062		180,496	0.08%
Terraform Global Operating LLC 6.125%, 03/01/2026	02/08/2018		60,000		57,290	0.02%
Virgolino de Oliveira Finance SA 10.50%, 01/28/2018	01/24/2014		365,927		66	0.00%
Wells Fargo Credit Risk Transfer Securities Trust Series 2015-WF1, Class 1M2 7.509%, 11/25/2025	09/28/2015		128,274		114,567	0.05%
Wells Fargo Credit Risk Transfer Securities Trust Series 2015-WF1, Class 2M2 7.759%, 11/25/2025	09/28/2015		30,405		28,131	0.01%

(e) IO - Interest Only.

(f) Inverse interest only security.

31

(g) Position, or a portion thereof, has been segregated to collateralize OTC derivatives outstanding.

(h) Security in which significant unobservable inputs (Level 3) were used in determining fair value.

(i) Non-income producing security.

(j) Fair valued by the Adviser.

(k) Defaulted matured security.

(l) Pay-In-Kind Payments (PIK). The issuer may pay cash interest and/or interest in additional debt securities. Rates shown are the rates in effect at July 31, 2022.

(m) Restricted and illiquid security.

Restricted & Illiquid Securities	Acquisition Date	Cost		Market Value		Percentage of Net Assets
Mt. Logan Re Ltd.	01/20/2022	$	0	$	133,087	0.06%
Mt. Logan Re Ltd. (Preference Shares)	12/30/2014		945,040		853,693	0.37%

(n) Affiliated investments.

(o) To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov, or call AB at (800) 227-4618.

(p) The rate shown represents the 7-day yield as of period end.

(q) As of July 31, 2022, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $2,181,420 and gross unrealized depreciation of investments was $(19,746,849)resulting in net unrealized depreciation of $(17,565,429).

Currency Abbreviations:

EUR – Euro

JPY – Japanese Yen

USD – United States Dollar

Glossary:

ABS – Asset-Backed Securities

ARMs – Adjustable Rate Mortgages

CBT – Chicago Board of Trade

CDX-CMBX.NA – North American Commercial Mortgage-Backed Index

CDX-NAHY – North American High Yield Credit Default Swap Index

CLO – Collateralized Loan Obligations

CMBS – Commercial Mortgage-Backed

LIBOR – London Interbank Offered Rate

OSE – Osaka Securities Exchange

REIT – Real Estate Investment Trust

REMICs – Real Estate Mortgage Investment Conduits

SOFR – Secured Overnight Financing Rate

TBA – To Be Announced

32

AB Bond Fund, Inc.

AB Total Return Bond Portfolio

July 31, 2022 (unaudited)

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

• Level 1 - quoted prices in active markets for identical investments

• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 - significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

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Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

The following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of July 31, 2022:

Investments in Securities:	Level 1			Level 2			Level 3		Total
Assets:
Corporates - Investment Grade	$	—		$	69,877,414		$	—	$	69,877,414
Mortgage Pass-Throughs		—			46,177,139			—		46,177,139
Collateralized Mortgage Obligations		—			36,999,785			—		36,999,785
Governments - Treasuries		—			22,241,209			—		22,241,209
Commercial Mortgage-Backed Securities		—			20,873,725			869,920		21,743,645
Asset-Backed Securities		—			17,819,975			—		17,819,975
Collateralized Loan Obligations		—			8,823,409			—		8,823,409
Corporates - Non-Investment Grade		—			7,864,851			—		7,864,851
Emerging Markets - Corporate Bonds		—			3,046,869			66		3,046,935
Local Governments - US Municipal Bonds		—			2,061,148			—		2,061,148
Common Stocks		—			—			986,780		986,780
Emerging Markets - Sovereigns		—			893,566			—		893,566
Quasi-Sovereigns		—			793,603			—		793,603
Governments - Sovereign Bonds		—			296,203			—		296,203
Short-Term Investments:
Investment Companies		5,127,152			—			—		5,127,152
Governments - Treasuries		—			576,764			—		576,764
U.S. Treasury Bills		—			467,478			—		467,478
Total Investments in Securities		5,127,152			238,813,138			1,856,766		245,797,056
Other Financial Instruments(a):
Assets:
Futures		674,192			—			—		674,192
Centrally Cleared Interest Rate Swaps		—			122,640			—		122,640
Liabilities:
Futures		(290,042	)		—			—		(290,042	)
Forward Currency Exchange Contracts		—			(38,286	)		—		(38,286	)
Centrally Cleared Credit Default Swaps		—			(50,755	)		—		(50,755	)
Credit Default Swaps		—			(1,364,983	)		—		(1,364,983	)
Total Return Swaps		—			(709,914	)		—		(709,914	)
Total	$	5,511,302		$	236,771,840		$	1,856,766	$	244,139,908

^(a)  Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation/(depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, options written and swaptions written which are valued at market value.

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A summary of the Fund’s transactions in AB mutual funds for the nine months ended July 31, 2022 is as follows:

Fund	Market Value 10/31/2021 (000)		Purchases at Cost (000)		Sales Proceeds (000)		Market Value 07/31/2022 (000)		Dividend Income (000)
Government Money Market Portfolio	$	5,229	$	101,348	$	101,450	$	5,127	$	9

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