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AB Select US Equity Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading AB Select US Equity Portfolio
Objective [Heading] rr_ObjectiveHeading INVESTMENT OBJECTIVE
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The Fund’s investment objective is long-term growth of capital.
Expense [Heading] rr_ExpenseHeading FEES AND EXPENSES OF THE FUND
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
This table describes the fees and expenses that you may pay if you buy and hold shares of the 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 AB 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 65 of this Prospectus, in Appendix B—Financial Intermediary Waivers of this Prospectus and in Purchase of Shares—Sales Charge Reduction Programs for Class A Shares on page 127 of the Fund’s Statement of Additional Information (“SAI”).
You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Advisor Class shares, which are not reflected in the tables or the examples below.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination October 31, 2021
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock 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 183% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 183.00%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock 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
contingent deferred sales charge, or CDSC, which may be subject to waiver in certain circumstances.For Class C shares, the CDSC is 0% after the first year. Class C shares automatically convert to Class A shares after ten years.
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge reductions if you and members of your family invest, or agree to invest in the future, at least $100,000 in AB Mutual Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 100,000
Expense Example [Heading] rr_ExpenseExampleHeading Examples
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock The Examples are intended to help you compare the cost of investing in the 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, that the Fund’s operating expenses stay the same and that any fee waiver remains in effect for only the first year. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading PRINCIPAL STRATEGIES
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
Under normal circumstances, the Fund invests at least 80% of its net assets in equity securities of U.S. companies. For purposes of this policy, equity securities include common stock, preferred stock and derivatives related to common and preferred stocks.
The Adviser selects investments for the Fund through an intensive
“bottom-up”
approach that places an emphasis on companies that are engaged in business activities with solid long-term growth potential and operating in industries with high barriers to entry, that have strong cash flows and other financial metrics, and that have transparent financial statements and business models. The Adviser also evaluates the quality of company management based on a series of criteria, including: (1) management’s focus on shareholder returns, such as through a demonstrated commitment to dividends and dividend growth, share buybacks or other shareholder-friendly corporate actions; (2) management’s employment of conservative accounting methodologies; (3) management incentives, such as direct equity ownership; and (4) management accessibility. The Adviser seeks to identify companies where events or catalysts may drive the company’s share price higher, such as earnings and/or revenue growth above consensus forecasts, potential market recognition of undervaluation or overstated market-risk discount, or the institution of shareholder-focused changes discussed in the preceding sentence. In light of this catalyst-focused approach, the Adviser expects to engage in active and frequent trading for the Fund.
The Adviser may reduce or eliminate the Fund’s holdings in a company’s securities for a number of reasons, including if its evaluation of the above factors changes adversely, if the anticipated events or catalysts do not occur or do not affect the price of the securities as expected, or if the anticipated events or catalysts do occur and cause the securities to be, in the Adviser’s view, overvalued or fully valued. At any given time the Fund may emphasize growth stocks over value stocks, or vice versa.
The Fund’s investments will be focused on securities of companies with large and medium market capitalizations, but it may also invest in securities of small-capitalization companies. The Fund may invest in
non-U.S.
companies, but will limit its investments in such companies to no more than 10% of its net assets. The Fund may purchase securities in initial public offerings (“IPOs”) and expects to do so on a regular basis.
Risk [Heading] rr_RiskHeading PRINCIPAL RISKS
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
•
 
Market Risk:
The value of the Fund’s assets will fluctuate as the stock, bond or currency markets fluctuate. The value of the Fund’s investments may decline, sometimes rapidly and unpredictably, simply because of economic changes or other events, including public health crises (including the occurrence of a contagious disease or illness), that affect large portions of the market. It includes the risk that a particular style of investing may underperform the market generally.
 
•
 
Sector Risk:
The Fund may have more risk because it may invest to a significant extent in one or more particular market sectors, such as the information technology or financial services sector. To the extent it does so, market or economic factors affecting the relevant sector(s) could have a major effect on the value of the Fund’s investments.
 
•
 
Capitalization Risk:
Investments in small- and
mid-capitalization
companies may be more volatile than investments in large-capitalization companies. Investments in these companies may have additional risks because these companies may have limited product lines, markets or financial resources.
• 
 
Active Trading Risk:
The Fund expects to engage in active and frequent trading of its portfolio securities and its portfolio turnover rate may greatly exceed 100%. A higher rate of portfolio turnover increases transaction costs, which may negatively affect the Fund’s return. In addition, a high rate of portfolio turnover may result in substantial short-term gains, which may have adverse tax consequences for Fund shareholders.
 
•
 
IPO Risk:
Securities purchased in an IPO may be subject to substantial price volatility due to one or more factors such as unseasoned trading in the securities, the lack of investor knowledge of the issuer, the lack of an operating history of the issuer, and the dependence of the issuer on key personnel, suppliers or a limited number of customers.
 
•
 
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 for the Fund, but there is no guarantee that its techniques will produce the intended results. Some of these techniques may incorporate, or rely upon, quantitative models, but there is no guarantee that these models will generate accurate forecasts, reduce risk or otherwise perform as expected.
As with all investments, you may lose money by investing in the Fund.
Risk Lose Money [Text] rr_RiskLoseMoney As with all investments, you may lose money by investing in the Fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading BAR CHART AND PERFORMANCE INFORMATION
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock
The bar chart and performance information provide an indication of the historical risk of an investment in the Fund by showing:
 
•
 
how the Fund’s performance changed from year to year over the life of the Fund; and
 
•
 
how the Fund’s average annual returns for one year, five years and since inception compare to those of a broad-based securities market index.
You may obtain updated performance information on the Fund’s website at
www.abfunds.com
(click on “Investments—Mutual Funds”).
The Fund’s past performance before and after taxes, of course, does not necessarily indicate how it will perform in the future.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns how the Fund’s performance changed from year to year over the life of the Fund; andhow the Fund’s average annual returns for one year, five years and since inception compare to those of a broad-based securities market index.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress www.abfunds.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The Fund’s past performance before and after taxes, of course, does not necessarily indicate how it will perform in the future.
Bar Chart [Heading] rr_BarChartHeading Bar Chart
Bar Chart Narrative [Text Block] rr_BarChartNarrativeTextBlock The annual returns in the bar chart are for the Fund’s Class A shares and do not reflect sales loads. If sales loads were reflected, returns would be less than those shown. Through September 30, 2020, the
year-to-date
unannualized return for Class A shares was 3.27%.
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads 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.
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
During the period shown in the bar chart, the Fund’s:
Best Quarter was up 11.62%, 1st quarter, 2012; and Worst Quarter was down
-13.70%,
4th quarter, 2018.
Performance Table Heading rr_PerformanceTableHeading Performance Table Average Annual Total Returns (For the periods ended December 31, 2019)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns: –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;
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred 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.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns: –Are shown for Class A shares only and will vary for the other Classes of shares because these Classes have different expense ratios;
AB Select US Equity Portfolio | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.25%
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none [1]
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses: Transfer Agent rr_Component1OtherExpensesOverAssets 0.03%
Other Expenses rr_Component2OtherExpensesOverAssets 0.25%
Total Other Expenses rr_OtherExpensesOverAssets 0.28%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.53%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [2],[3]
Total Annual Fund Operating Expenses after Fee Waivers and/or Expense Reimbursements rr_NetExpensesOverAssets 1.53%
After 1 Year rr_ExpenseExampleYear01 $ 574
After 3 Years rr_ExpenseExampleYear03 888
After 5 Years rr_ExpenseExampleYear05 1,224
After 10 Years rr_ExpenseExampleYear10 $ 2,171
2010 rr_AnnualReturn2010 none
2011 rr_AnnualReturn2011 none
2012 rr_AnnualReturn2012 16.21%
2013 rr_AnnualReturn2013 30.80%
2014 rr_AnnualReturn2014 12.76%
2015 rr_AnnualReturn2015 1.18%
2016 rr_AnnualReturn2016 9.24%
2017 rr_AnnualReturn2017 22.22%
2018 rr_AnnualReturn2018 (5.02%)
2019 rr_AnnualReturn2019 29.38%
Year to Date Return, Label rr_YearToDateReturnLabel year-to-date
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2020
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 3.27%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Mar. 31, 2012
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 11.62%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2018
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (13.70%)
1 Year rr_AverageAnnualReturnYear01 23.85% [4]
5 Years rr_AverageAnnualReturnYear05 9.72% [4]
Since Inception rr_AverageAnnualReturnSinceInception 13.57% [4],[5]
AB Select US Equity Portfolio | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00% [6]
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses: Transfer Agent rr_Component1OtherExpensesOverAssets 0.03%
Other Expenses rr_Component2OtherExpensesOverAssets 0.25%
Total Other Expenses rr_OtherExpensesOverAssets 0.28%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 2.28%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.01%) [3]
Total Annual Fund Operating Expenses after Fee Waivers and/or Expense Reimbursements rr_NetExpensesOverAssets 2.27%
After 1 Year rr_ExpenseExampleYear01 $ 330 [7]
After 3 Years rr_ExpenseExampleYear03 711
After 5 Years rr_ExpenseExampleYear05 1,219
After 10 Years rr_ExpenseExampleYear10 $ 2,615
1 Year rr_AverageAnnualReturnYear01 27.33%
5 Years rr_AverageAnnualReturnYear05 9.83%
Since Inception rr_AverageAnnualReturnSinceInception 13.34% [5]
AB Select US Equity Portfolio | Advisor Class  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses: Transfer Agent rr_Component1OtherExpensesOverAssets 0.03%
Other Expenses rr_Component2OtherExpensesOverAssets 0.24%
Total Other Expenses rr_OtherExpensesOverAssets 0.27%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.27%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets none [2],[3]
Total Annual Fund Operating Expenses after Fee Waivers and/or Expense Reimbursements rr_NetExpensesOverAssets 1.27%
After 1 Year rr_ExpenseExampleYear01 $ 129
After 3 Years rr_ExpenseExampleYear03 403
After 5 Years rr_ExpenseExampleYear05 697
After 10 Years rr_ExpenseExampleYear10 $ 1,534
1 Year rr_AverageAnnualReturnYear01 29.69%
5 Years rr_AverageAnnualReturnYear05 10.93%
Since Inception rr_AverageAnnualReturnSinceInception 14.49% [5]
AB Select US Equity Portfolio | Class R  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other Expenses: Transfer Agent rr_Component1OtherExpensesOverAssets 0.10%
Other Expenses rr_Component2OtherExpensesOverAssets 0.26%
Total Other Expenses rr_OtherExpensesOverAssets 0.36%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.86%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.06%) [3],[8]
Total Annual Fund Operating Expenses after Fee Waivers and/or Expense Reimbursements rr_NetExpensesOverAssets 1.80%
After 1 Year rr_ExpenseExampleYear01 $ 183
After 3 Years rr_ExpenseExampleYear03 579
After 5 Years rr_ExpenseExampleYear05 1,000
After 10 Years rr_ExpenseExampleYear10 $ 2,175
1 Year rr_AverageAnnualReturnYear01 28.98%
5 Years rr_AverageAnnualReturnYear05 10.33%
Since Inception rr_AverageAnnualReturnSinceInception 13.88% [5]
AB Select US Equity Portfolio | Class K  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses: Transfer Agent rr_Component1OtherExpensesOverAssets 0.20%
Other Expenses rr_Component2OtherExpensesOverAssets 0.25%
Total Other Expenses rr_OtherExpensesOverAssets 0.45%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.70%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.15%) [3],[8]
Total Annual Fund Operating Expenses after Fee Waivers and/or Expense Reimbursements rr_NetExpensesOverAssets 1.55%
After 1 Year rr_ExpenseExampleYear01 $ 158
After 3 Years rr_ExpenseExampleYear03 521
After 5 Years rr_ExpenseExampleYear05 909
After 10 Years rr_ExpenseExampleYear10 $ 1,996
1 Year rr_AverageAnnualReturnYear01 29.30%
5 Years rr_AverageAnnualReturnYear05 10.57%
Since Inception rr_AverageAnnualReturnSinceInception 14.11% [5]
AB Select US Equity Portfolio | Class I  
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none
Exchange Fee rr_ExchangeFeeOverRedemption none
Management Fees rr_ManagementFeesOverAssets 1.00%
Distribution and/or Service (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses: Transfer Agent rr_Component1OtherExpensesOverAssets 0.02%
Other Expenses rr_Component2OtherExpensesOverAssets 0.25%
Total Other Expenses rr_OtherExpensesOverAssets 0.27%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets none [2]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.27%
Fee Waiver and/or Expense Reimbursement rr_FeeWaiverOrReimbursementOverAssets (0.01%) [3]
Total Annual Fund Operating Expenses after Fee Waivers and/or Expense Reimbursements rr_NetExpensesOverAssets 1.26%
After 1 Year rr_ExpenseExampleYear01 $ 128
After 3 Years rr_ExpenseExampleYear03 402
After 5 Years rr_ExpenseExampleYear05 696
After 10 Years rr_ExpenseExampleYear10 $ 1,533
1 Year rr_AverageAnnualReturnYear01 29.68%
5 Years rr_AverageAnnualReturnYear05 10.95%
Since Inception rr_AverageAnnualReturnSinceInception 14.49% [5]
AB Select US Equity Portfolio | Return After Taxes on Distributions | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 21.38% [4]
5 Years rr_AverageAnnualReturnYear05 7.11% [4]
Since Inception rr_AverageAnnualReturnSinceInception 11.24% [4],[5]
AB Select US Equity Portfolio | Return After Taxes on Distributions and Sale of Fund Shares | Class A  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 15.35% [4]
5 Years rr_AverageAnnualReturnYear05 6.76% [4]
Since Inception rr_AverageAnnualReturnSinceInception 10.21% [4],[5]
AB Select US Equity Portfolio | S&P 500® Index (reflects no deduction for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 31.49%
5 Years rr_AverageAnnualReturnYear05 11.70%
Since Inception rr_AverageAnnualReturnSinceInception 15.04% [5]
[1] Purchases of Class A shares in amounts of $1,000,000 or more, or by certain group retirement plans, may be subject to a 1%, 1-year contingent deferred sales charge, or CDSC, which may be subject to waiver in certain circumstances.
[2] Amount is less than .005%.
[3] In connection with the Fund’s investments in AB Government Money Market Portfolio (the “Money Market Portfolio”) (except for the investment of any cash collateral from securities lending), the Adviser has contractually agreed to waive its management fee from the Fund and/or reimburse other expenses of the Fund in an amount equal to the Fund’s pro rata share of the Money Market Portfolio’s effective management fee, as included in “Acquired Fund Fees and Expenses”. The agreement may only be terminated or changed with the consent of the Fund’s Board of Directors.
[4] After-tax returns: – Are shown for Class A shares only and will vary for the other Classes of shares because these Classes have different 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.
[5] Inception date for all Classes: 12/8/11.
[6] For Class C shares, the CDSC is 0% after the first year. Class C shares automatically convert to Class A shares after ten years.
[7] If you did not redeem your shares at the end of the period, your expenses would be decreased by approximately $100.
[8] The Adviser has contractually agreed to waive its management fees and/or to bear certain expenses of the Fund. The fee waiver and/or expense reimbursement agreement will remain in effect until October 31, 2021 and may only be terminated or changed with the consent of the Fund’s Board of Directors. In addition, the agreement will be automatically extended for one-year terms unless the Adviser provides notice of termination to the Fund at least 60 days prior to the end of the period.