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: 811-01716

AB CAP FUND, 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: July 31, 2016

Date of reporting period: October 31, 2015

ITEM 1. SCHEDULE OF INVESTMENTS.

AB Market Neutral Strategy - U.S.

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
COMMON STOCKS - 3.5%
Energy - 1.8%
Exxon Mobil Corp.		600	$	49,644
Industrials - 1.7%
United Continental Holdings, Inc. (a)		800		48,248
Total Common Stocks (cost $101,612)				97,892
SHORT-TERM INVESTMENTS - 99.3%
Investment Companies - 21.0%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (b)(c) (cost $574,790)		574,790		574,790
	Principal Amount (000)
U.S. TREASURY BILLS - 78.3%
U.S. Treasury Bill
Zero Coupon, 12/03/15-1/07/16	$	350		349,964
Zero Coupon, 11/19/15 (d)		1,800		1,799,966
Total U.S. Treasury Bills (cost $2,149,930)				2,149,930
Total Short-Term Investments (cost $2,724,720)				2,724,720
Total Investments - 102.8% (cost $2,826,332) (e)				2,822,612
Other assets less liabilities - (2.8)%				(77,846	)
Net Assets – 100.0%			$	2,744,766

TOTAL RETURN SWAPS

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Receive Total Return on Reference Obligation
Morgan Stanley Capital Services:
3M Co.		74	FedFundEffective Plus 0.35%	$	11		4/20/16	$	499
3M Co.		31	FedFundEffective Plus 0.35%		5		4/20/16		305
3M Co.		66	FedFundEffective Plus 0.35%		11		4/20/16		(519	)
3M Co.		164	FedFundEffective Plus 0.35%		27		4/20/16		(1,289	)
Abbott Laboratories		1,505	FedFundEffective Plus 0.35%		65		4/20/16		2,951
AbbVie, Inc.		221	FedFundEffective Plus 0.35%		15		4/20/16		(2,170	)
AbbVie, Inc.		696	FedFundEffective Plus 0.35%		45		4/20/16		(3,179	)
AbbVie, Inc.		90	FedFundEffective Plus 0.35%		6		4/20/16		(802	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Accenture PLC		117	FedFundEffective Plus 0.35%	$	12		4/20/16	$	544
Accenture PLC		407	FedFundEffective Plus 0.35%		41		4/20/16		2,859
AES Corp./VA		825	FedFundEffective Plus 0.35%		11		4/20/16		(1,425	)
AES Corp./VA		2,698	FedFundEffective Plus 0.35%		36		4/20/16		(5,875	)
Aetna, Inc.		122	FedFundEffective Plus 0.35%		14		4/20/16		80
Aetna, Inc.		51	FedFundEffective Plus 0.35%		6		4/20/16		260
Aetna, Inc.		382	FedFundEffective Plus 0.35%		41		4/20/16		3,394
Aflac, Inc.		227	FedFundEffective Plus 0.35%		15		4/20/16		4
Aflac, Inc.		714	FedFundEffective Plus 0.35%		46		4/20/16		(324	)
Aflac, Inc.		94	FedFundEffective Plus 0.35%		6		4/20/16		266
Agilent Technologies, Inc.		261	FedFundEffective Plus 0.35%		11		4/20/16		(856	)
Agilent Technologies, Inc.		116	FedFundEffective Plus 0.35%		4		4/20/16		(112	)
Agilent Technologies, Inc.		814	FedFundEffective Plus 0.35%		32		4/20/16		(1,408	)
Alphabet, Inc.		80	FedFundEffective Plus 0.35%		52		4/20/16		6,898
American Financial Group, Inc./OH		218	FedFundEffective Plus 0.35%		15		4/20/16		650
American Financial Group, Inc./OH		443	FedFundEffective Plus 0.35%		29		4/20/16		3,038
American Financial Group, Inc./OH		90	FedFundEffective Plus 0.35%		6		4/20/16		617
American Financial Group, Inc./OH		94	FedFundEffective Plus 0.35%		6		4/20/16		456
American Financial Group, Inc./OH		81	FedFundEffective Plus 0.35%		5		4/20/16		410
American International Group, Inc.		809	FedFundEffective Plus 0.35%		51		4/20/16		(280	)
American International Group, Inc.		231	FedFundEffective Plus 0.35%		15		4/20/16		(289	)
Ameriprise Financial, Inc.		85	FedFundEffective Plus 0.35%		11		4/20/16		(808	)
Ameriprise Financial, Inc.		36	FedFundEffective Plus 0.35%		4		4/20/16		(218	)
Ameriprise Financial, Inc.		108	FedFundEffective Plus 0.35%		14		4/20/16		(1,316	)
Ameriprise Financial, Inc.		160	FedFundEffective Plus 0.35%		21		4/20/16		(1,950	)
AmerisourceBergen Corp.		100	FedFundEffective Plus 0.35%		10		4/20/16		(803	)
AmerisourceBergen Corp.		319	FedFundEffective Plus 0.35%		37		4/20/16		(5,882	)
AmerisourceBergen Corp.		38	FedFundEffective Plus 0.35%		4		4/20/16		(427	)
Anthem, Inc.		118	FedFundEffective Plus 0.35%		18		4/20/16		(1,756	)
Anthem, Inc.		48	FedFundEffective Plus 0.35%		7		4/20/16		(574	)
Anthem, Inc.		341	FedFundEffective Plus 0.35%		52		4/20/16		(3,900	)
Apple, Inc.		362	FedFundEffective Plus 0.35%		46		4/20/16		(2,449	)
Apple, Inc.		77	FedFundEffective Plus 0.35%		9		4/20/16		(233	)
Apple, Inc.		165	FedFundEffective Plus 0.35%		21		4/20/16		(994	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Apple, Inc.		173	FedFundEffective Plus 0.35%	$	21		4/20/16	$	(214	)
Archer-Daniels-Midland Co.		200	FedFundEffective Plus 0.35%		9		4/20/16		(262	)
Archer-Daniels-Midland Co.		1,370	FedFundEffective Plus 0.35%		66		4/20/16		(3,510	)
Archer-Daniels-Midland Co.		452	FedFundEffective Plus 0.35%		22		4/20/16		(963	)
AT&T, Inc.		512	FedFundEffective Plus 0.35%		18		4/20/16		(336	)
AT&T, Inc.		214	FedFundEffective Plus 0.35%		7		4/20/16		(30	)
AT&T, Inc.		72	FedFundEffective Plus 0.35%		2		4/20/16		96
AT&T, Inc.		1,408	FedFundEffective Plus 0.35%		46		4/20/16		1,877
Bank of America Corp.		719	FedFundEffective Plus 0.35%		13		4/20/16		(853	)
Bank of America Corp.		2,264	FedFundEffective Plus 0.35%		35		4/20/16		2,692
Bank of America Corp.		298	FedFundEffective Plus 0.35%		5		4/20/16		(251	)
Best Buy Co., Inc.		1,388	FedFundEffective Plus 0.35%		52		4/20/16		(2,894	)
Cadence Design Systems, Inc.		639	FedFundEffective Plus 0.35%		13		4/20/16		704
Cadence Design Systems, Inc.		264	FedFundEffective Plus 0.35%		5		4/20/16		826
Cadence Design Systems, Inc.		981	FedFundEffective Plus 0.35%		18		4/20/16		3,382
Cadence Design Systems, Inc.		1,030	FedFundEffective Plus 0.35%		19		4/20/16		3,551
Campbell Soup Co.		980	FedFundEffective Plus 0.35%		46		4/20/16		4,126
Campbell Soup Co.		119	FedFundEffective Plus 0.35%		6		4/20/16		380
Campbell Soup Co.		308	FedFundEffective Plus 0.35%		15		4/20/16		576
Charles Schwab Corp. (The)		456	FedFundEffective Plus 0.35%		16		4/20/16		(2,018	)
Charles Schwab Corp. (The)		650	FedFundEffective Plus 0.35%		20		4/20/16		7
Charles Schwab Corp. (The)		316	FedFundEffective Plus 0.35%		10		4/20/16		4
Charles Schwab Corp. (The)		480	FedFundEffective Plus 0.35%		15		4/20/16		(463	)
Charles Schwab Corp. (The)		181	FedFundEffective Plus 0.35%		6		4/20/16		(648	)
Check Point Software Technologies Ltd.		65	FedFundEffective Plus 0.35%		5		4/20/16		117
Check Point Software Technologies Ltd.		500	FedFundEffective Plus 0.35%		42		4/20/16		67
Check Point Software Technologies Ltd.		159	FedFundEffective Plus 0.35%		13		4/20/16		627
Chevron Corp.		306	FedFundEffective Plus 0.35%		34		4/20/16		(5,497	)
Chevron Corp.		43	FedFundEffective Plus 0.35%		4		4/20/16		110
Chevron Corp.		100	FedFundEffective Plus 0.35%		9		4/20/16		243
Church & Dwight Co., Inc.		173	FedFundEffective Plus 0.35%		15		4/20/16		(97	)
Church & Dwight Co., Inc.		604	FedFundEffective Plus 0.35%		51		4/20/16		824
Citigroup, Inc.		304	FedFundEffective Plus 0.35%		18		4/20/16		(1,639	)
Citigroup, Inc.		91	FedFundEffective Plus 0.35%		5		4/20/16		(412	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Citigroup, Inc.		604	FedFundEffective Plus 0.35%	$	32		4/20/16	$	(20	)
Citigroup, Inc.		363	FedFundEffective Plus 0.35%		21		4/20/16		(1,801	)
Citrix Systems, Inc.		174	FedFundEffective Plus 0.35%		13		4/20/16		1,111
Citrix Systems, Inc.		65	FedFundEffective Plus 0.35%		4		4/20/16		873
Citrix Systems, Inc.		557	FedFundEffective Plus 0.35%		37		4/20/16		8,767
ConocoPhillips		220	FedFundEffective Plus 0.35%		15		4/20/16		(3,179	)
ConocoPhillips		215	FedFundEffective Plus 0.35%		15		4/20/16		(3,107	)
ConocoPhillips		202	FedFundEffective Plus 0.35%		10		4/20/16		826
CSX Corp.		356	FedFundEffective Plus 0.35%		11		4/20/16		(1,441	)
CSX Corp.		560	FedFundEffective Plus 0.35%		18		4/20/16		(3,157	)
CSX Corp.		561	FedFundEffective Plus 0.35%		18		4/20/16		(3,163	)
CSX Corp.		147	FedFundEffective Plus 0.35%		5		4/20/16		(499	)
CVS Health Corp.		144	FedFundEffective Plus 0.35%		16		4/20/16		(1,970	)
CVS Health Corp.		210	FedFundEffective Plus 0.35%		21		4/20/16		(493	)
CVS Health Corp.		242	FedFundEffective Plus 0.35%		25		4/20/16		(568	)
CVS Health Corp.		61	FedFundEffective Plus 0.35%		7		4/20/16		(592	)
Darden Restaurants, Inc.		944	FedFundEffective Plus 0.35%		66		4/20/16		(6,886	)
Deere & Co.		158	FedFundEffective Plus 0.35%		15		4/20/16		(2,458	)
Deere & Co.		496	FedFundEffective Plus 0.35%		44		4/20/16		(5,221	)
Deere & Co.		66	FedFundEffective Plus 0.35%		6		4/20/16		(897	)
DR Horton, Inc.		386	FedFundEffective Plus 0.35%		11		4/20/16		(110	)
DR Horton, Inc.		155	FedFundEffective Plus 0.35%		4		4/20/16		414
DR Horton, Inc.		1,224	FedFundEffective Plus 0.35%		32		4/20/16		3,596
Dr Pepper Snapple Group, Inc.		190	FedFundEffective Plus 0.35%		15		4/20/16		1,849
Dr Pepper Snapple Group, Inc.		76	FedFundEffective Plus 0.35%		6		4/20/16		962
Dr Pepper Snapple Group, Inc.		170	FedFundEffective Plus 0.35%		13		4/20/16		2,037
Dr Pepper Snapple Group, Inc.		390	FedFundEffective Plus 0.35%		30		4/20/16		4,673
E*TRADE Financial Corp.		342	FedFundEffective Plus 0.35%		10		4/20/16		(38	)
E*TRADE Financial Corp.		143	FedFundEffective Plus 0.35%		4		4/20/16		88
E*TRADE Financial Corp.		1,078	FedFundEffective Plus 0.35%		30		4/20/16		553
Emerson Electric Co.		240	FedFundEffective Plus 0.35%		12		4/20/16		(1,024	)
Emerson Electric Co.		376	FedFundEffective Plus 0.35%		22		4/20/16		(4,293	)
Emerson Electric Co.		380	FedFundEffective Plus 0.35%		23		4/20/16		(5,330	)
Emerson Electric Co.		97	FedFundEffective Plus 0.35%		5		4/20/16		(271	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Endo International PLC		592	FedFundEffective Plus 0.35%	$	45		4/20/16	$	(9,085	)
EOG Resources, Inc.		342	FedFundEffective Plus 0.35%		34		4/20/16		(4,116	)
EOG Resources, Inc.		103	FedFundEffective Plus 0.35%		8		4/20/16		806
Everest Re Group Ltd.		64	FedFundEffective Plus 0.35%		12		4/20/16		(251	)
Everest Re Group Ltd.		26	FedFundEffective Plus 0.35%		5		4/20/16		(214	)
Everest Re Group Ltd.		111	FedFundEffective Plus 0.35%		20		4/20/16		(480	)
Everest Re Group Ltd.		90	FedFundEffective Plus 0.35%		17		4/20/16		(389	)
Exelon Corp.		427	FedFundEffective Plus 0.35%		14		4/20/16		(1,751	)
Exelon Corp.		177	FedFundEffective Plus 0.35%		6		4/20/16		(492	)
Exelon Corp.		1,343	FedFundEffective Plus 0.35%		45		4/20/16		(7,118	)
Expedia, Inc.		141	FedFundEffective Plus 0.35%		17		4/20/16		2,548
Expedia, Inc.		275	FedFundEffective Plus 0.35%		29		4/20/16		8,309
Expedia, Inc.		91	FedFundEffective Plus 0.35%		10		4/20/16		2,872
Expedia, Inc.		108	FedFundEffective Plus 0.35%		11		4/20/16		3,621
FedEx Corp.		75	FedFundEffective Plus 0.35%		13		4/20/16		(1,200	)
FedEx Corp.		103	FedFundEffective Plus 0.35%		17		4/20/16		(1,382	)
FedEx Corp.		140	FedFundEffective Plus 0.35%		24		4/20/16		(1,879	)
Fiserv, Inc.		260	FedFundEffective Plus 0.35%		21		4/20/16		4,538
Fiserv, Inc.		239	FedFundEffective Plus 0.35%		19		4/20/16		4,171
Fiserv, Inc.		67	FedFundEffective Plus 0.35%		6		4/20/16		729
Fiserv, Inc.		159	FedFundEffective Plus 0.35%		14		4/20/16		1,411
Foot Locker, Inc.		460	FedFundEffective Plus 0.35%		28		4/20/16		3,305
Foot Locker, Inc.		270	FedFundEffective Plus 0.35%		16		4/20/16		1,940
Foot Locker, Inc.		92	FedFundEffective Plus 0.35%		6		4/20/16		(90	)
Foot Locker, Inc.		230	FedFundEffective Plus 0.35%		16		4/20/16		(639	)
General Electric Co.		732	FedFundEffective Plus 0.35%		20		4/20/16		1,823
General Electric Co.		1,269	FedFundEffective Plus 0.35%		34		4/20/16		2,679
General Electric Co.		292	FedFundEffective Plus 0.35%		8		4/20/16		996
General Electric Co.		659	FedFundEffective Plus 0.35%		17		4/20/16		1,994
Gilead Sciences, Inc.		627	FedFundEffective Plus 0.35%		67		4/20/16		670
Goldman Sachs Group, Inc. (The)		98	FedFundEffective Plus 0.35%		20		4/20/16		(1,818	)
Goldman Sachs Group, Inc. (The)		60	FedFundEffective Plus 0.35%		12		4/20/16		(779	)
Goldman Sachs Group, Inc. (The)		210	FedFundEffective Plus 0.35%		42		4/20/16		(2,728	)
Goldman Sachs Group, Inc. (The)		31	FedFundEffective Plus 0.35%		6		4/20/16		(650	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Goldman Sachs Group, Inc. (The)		39	FedFundEffective Plus 0.35%	$	8		4/20/16	$	(654	)
Goodyear Tire & Rubber Co. (The)		1,166	FedFundEffective Plus 0.35%		32		4/20/16		6,620
Goodyear Tire & Rubber Co. (The)		147	FedFundEffective Plus 0.35%		4		4/20/16		576
Goodyear Tire & Rubber Co. (The)		369	FedFundEffective Plus 0.35%		11		4/20/16		1,069
Halliburton Co.		759	FedFundEffective Plus 0.35%		32		4/20/16		(2,787	)
Helmerich & Payne, Inc.		378	FedFundEffective Plus 0.35%		29		4/20/16		(7,688	)
Helmerich & Payne, Inc.		116	FedFundEffective Plus 0.35%		7		4/20/16		(131	)
HollyFrontier Corp.		640	FedFundEffective Plus 0.35%		31		4/20/16		325
Hollyfrontier Corp.		743	FedFundEffective Plus 0.35%		36		4/20/16		698
Hologic, Inc.		269	FedFundEffective Plus 0.35%		11		4/20/16		(750	)
Hologic, Inc.		122	FedFundEffective Plus 0.35%		5		4/20/16		149
Hologic, Inc.		835	FedFundEffective Plus 0.35%		32		4/20/16		442
Home Depot, Inc. (The)		315	FedFundEffective Plus 0.35%		36		4/20/16		3,004
Home Depot, Inc. (The)		35	FedFundEffective Plus 0.35%		4		4/20/16		358
Home Depot, Inc. (The)		239	FedFundEffective Plus 0.35%		27		4/20/16		2,520
Home Depot, Inc. (The)		83	FedFundEffective Plus 0.35%		10		4/20/16		552
Illinois Tool Works, Inc.		84	FedFundEffective Plus 0.35%		7		4/20/16		426
Illinois Tool Works, Inc.		319	FedFundEffective Plus 0.35%		30		4/20/16		(177	)
Illinois Tool Works, Inc.		218	FedFundEffective Plus 0.35%		22		4/20/16		(1,436	)
Illinois Tool Works, Inc.		188	FedFundEffective Plus 0.35%		17		4/20/16		554
Interactive Brokers Group, Inc.		249	FedFundEffective Plus 0.35%		10		4/20/16		246
Interactive Brokers Group, Inc.		140	FedFundEffective Plus 0.35%		6		4/20/16		(20	)
Interactive Brokers Group, Inc.		725	FedFundEffective Plus 0.35%		24		4/20/16		6,010
International Flavors & Fragrances, Inc.		49	FedFundEffective Plus 0.35%		5		4/20/16		287
International Flavors & Fragrances, Inc.		364	FedFundEffective Plus 0.35%		43		4/20/16		(723	)
International Flavors & Fragrances, Inc.		116	FedFundEffective Plus 0.35%		13		4/20/16		56
International Paper Co.		87	FedFundEffective Plus 0.35%		4		4/20/16		(410	)
International Paper Co.		645	FedFundEffective Plus 0.35%		35		4/20/16		(7,407	)
International Paper Co.		210	FedFundEffective Plus 0.35%		10		4/20/16		(996	)
Interpublic Group of Cos., Inc. (The)		166	FedFundEffective Plus 0.35%		3		4/20/16		384
Interpublic Group of Cos., Inc. (The)		1,108	FedFundEffective Plus 0.35%		24		4/20/16		1,899
Interpublic Group of Cos., Inc. (The)		1,193	FedFundEffective Plus 0.35%		25		4/20/16		2,045
Intuit, Inc.		140	FedFundEffective Plus 0.35%		15		4/20/16		(1,151	)
Intuit, Inc.		435	FedFundEffective Plus 0.35%		45		4/20/16		(2,084	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Intuit, Inc.		60	FedFundEffective Plus 0.35%	$	6		4/20/16	$	(468	)
JPMorgan Chase & Co.		310	FedFundEffective Plus 0.35%		21		4/20/16		(1,232	)
JPMorgan Chase & Co.		130	FedFundEffective Plus 0.35%		9		4/20/16		(390	)
JPMorgan Chase & Co.		948	FedFundEffective Plus 0.35%		61		4/20/16		604
Juniper Networks, Inc.		2,062	FedFundEffective Plus 0.35%		53		4/20/16		11,780
Kimberly-Clark Corp.		62	FedFundEffective Plus 0.35%		7		4/20/16		525
Kimberly-Clark Corp.		392	FedFundEffective Plus 0.35%		42		4/20/16		4,990
Kimberly-Clark Corp.		135	FedFundEffective Plus 0.35%		16		4/20/16		717
Kroger Co. (The)		1,336	FedFundEffective Plus 0.35%		52		4/20/16		(1,189	)
Kroger Co. (The)		386	FedFundEffective Plus 0.35%		15		4/20/16		(515	)
L Brands, Inc.		574	FedFundEffective Plus 0.35%		53		4/20/16		2,505
Lincoln National Corp.		222	FedFundEffective Plus 0.35%		13		4/20/16		(719	)
Lincoln National Corp.		91	FedFundEffective Plus 0.35%		5		4/20/16		(305	)
Lincoln National Corp.		697	FedFundEffective Plus 0.35%		41		4/20/16		(3,290	)
LyondellBasell Industries NV		124	FedFundEffective Plus 0.35%		12		4/20/16		(174	)
LyondellBasell Industries NV		390	FedFundEffective Plus 0.35%		38		4/20/16		(977	)
LyondellBasell Industries NV		53	FedFundEffective Plus 0.35%		5		4/20/16		217
ManpowerGroup, Inc.		59	FedFundEffective Plus 0.35%		5		4/20/16		244
ManpowerGroup, Inc.		286	FedFundEffective Plus 0.35%		24		4/20/16		2,051
ManpowerGroup, Inc.		160	FedFundEffective Plus 0.35%		14		4/20/16		1,148
ManpowerGroup, Inc.		141	FedFundEffective Plus 0.35%		13		4/20/16		65
Marathon Petroleum Corp.		217	FedFundEffective Plus 0.35%		12		4/20/16		(649	)
Marathon Petroleum Corp.		680	FedFundEffective Plus 0.35%		37		4/20/16		(1,571	)
Marathon Petroleum Corp.		97	FedFundEffective Plus 0.35%		5		4/20/16		(313	)
Masco Corp.		1,332	FedFundEffective Plus 0.35%		33		4/20/16		6,267
Masco Corp.		166	FedFundEffective Plus 0.35%		4		4/20/16		979
Masco Corp.		420	FedFundEffective Plus 0.35%		11		4/20/16		1,004
MasterCard, Inc.		156	FedFundEffective Plus 0.35%		15		4/20/16		175
MasterCard, Inc.		62	FedFundEffective Plus 0.35%		6		4/20/16		266
MasterCard, Inc.		183	FedFundEffective Plus 0.35%		16		4/20/16		1,796
MasterCard, Inc.		209	FedFundEffective Plus 0.35%		19		4/20/16		2,051
MasterCard, Inc.		100	FedFundEffective Plus 0.35%		9		4/20/16		643
McCormick & Co., Inc./MD		73	FedFundEffective Plus 0.35%		6		4/20/16		344
McCormick & Co., Inc./MD		594	FedFundEffective Plus 0.35%		46		4/20/16		4,130

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
McCormick & Co., Inc./MD		187	FedFundEffective Plus 0.35%	$	15		4/20/16	$	451
MetLife, Inc.		242	FedFundEffective Plus 0.35%		14		4/20/16		(1,234	)
MetLife, Inc.		598	FedFundEffective Plus 0.35%		30		4/20/16		19
MetLife, Inc.		101	FedFundEffective Plus 0.35%		6		4/20/16		(425	)
Michaels Cos., Inc. (The)		442	FedFundEffective Plus 0.35%		11		4/20/16		(899	)
Michaels Cos., Inc. (The)		1,501	FedFundEffective Plus 0.35%		43		4/20/16		(7,708	)
Microsoft Corp.		848	FedFundEffective Plus 0.35%		40		4/20/16		5,147
Microsoft Corp.		110	FedFundEffective Plus 0.35%		5		4/20/16		795
Microsoft Corp.		253	FedFundEffective Plus 0.35%		11		4/20/16		2,718
Microsoft Corp.		433	FedFundEffective Plus 0.35%		18		4/20/16		4,652
Monster Beverage Corp.		393	FedFundEffective Plus 0.35%		52		4/20/16		1,483
Moody’s Corp.		124	FedFundEffective Plus 0.35%		14		4/20/16		(1,843	)
Moody’s Corp.		53	FedFundEffective Plus 0.35%		6		4/20/16		(716	)
Moody’s Corp.		240	FedFundEffective Plus 0.35%		25		4/20/16		(2,206	)
Moody’s Corp.		151	FedFundEffective Plus 0.35%		16		4/20/16		(1,388	)
Motorola Solutions, Inc.		762	FedFundEffective Plus 0.35%		53		4/20/16		887
Nasdaq, Inc.		1,022	FedFundEffective Plus 0.35%		53		4/20/16		6,618
Nucor Corp.		230	FedFundEffective Plus 0.35%		10		4/20/16		(449	)
Nucor Corp.		102	FedFundEffective Plus 0.35%		4		4/20/16		(145	)
Nucor Corp.		719	FedFundEffective Plus 0.35%		32		4/20/16		(872	)
O’Reilly Automotive, Inc.		58	FedFundEffective Plus 0.35%		14		4/20/16		1,957
O’Reilly Automotive, Inc.		25	FedFundEffective Plus 0.35%		6		4/20/16		932
O’Reilly Automotive, Inc.		180	FedFundEffective Plus 0.35%		39		4/20/16		10,776
Omnicom Group, Inc.		61	FedFundEffective Plus 0.35%		4		4/20/16		264
Omnicom Group, Inc.		490	FedFundEffective Plus 0.35%		37		4/20/16		289
Omnicom Group, Inc.		155	FedFundEffective Plus 0.35%		11		4/20/16		353
PepsiCo, Inc.		53	FedFundEffective Plus 0.35%		5		4/20/16		374
PepsiCo, Inc.		428	FedFundEffective Plus 0.35%		41		4/20/16		3,208
PepsiCo, Inc.		136	FedFundEffective Plus 0.35%		13		4/20/16		821
Phillips 66		119	FedFundEffective Plus 0.35%		10		4/20/16		1,126
Phillips 66		379	FedFundEffective Plus 0.35%		30		4/20/16		4,138
Phillips 66		23	FedFundEffective Plus 0.35%		2		4/20/16		251
Pinnacle Foods, Inc.		1,329	FedFundEffective Plus 0.35%		59		4/20/16		(308	)
PNC Financial Services Group, Inc. (The)		152	FedFundEffective Plus 0.35%		15		4/20/16		(1,175	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
PNC Financial Services Group, Inc. (The)		240	FedFundEffective Plus 0.35%	$	22		4/20/16	$	(308	)
PNC Financial Services Group, Inc. (The)		243	FedFundEffective Plus 0.35%		22		4/20/16		(312	)
PNC Financial Services Group, Inc. (The)		61	FedFundEffective Plus 0.35%		6		4/20/16		(417	)
Prudential Financial, Inc.		148	FedFundEffective Plus 0.35%		13		4/20/16		(828	)
Prudential Financial, Inc.		62	FedFundEffective Plus 0.35%		5		4/20/16		(194	)
Prudential Financial, Inc.		370	FedFundEffective Plus 0.35%		30		4/20/16		1,182
Public Service Enterprise Group, Inc.		372	FedFundEffective Plus 0.35%		16		4/20/16		(116	)
Public Service Enterprise Group, Inc.		164	FedFundEffective Plus 0.35%		7		4/20/16		241
Public Service Enterprise Group, Inc.		790	FedFundEffective Plus 0.35%		33		4/20/16		418
Public Service Enterprise Group, Inc.		288	FedFundEffective Plus 0.35%		11		4/20/16		544
PVH Corp.		88	FedFundEffective Plus 0.35%		10		4/20/16		(2,199	)
PVH Corp.		39	FedFundEffective Plus 0.35%		4		4/20/16		(821	)
PVH Corp.		264	FedFundEffective Plus 0.35%		31		4/20/16		(7,026	)
Raymond James Financial, Inc.		1,006	FedFundEffective Plus 0.35%		53		4/20/16		2,983
Reinsurance Group of America, Inc.		134	FedFundEffective Plus 0.35%		13		4/20/16		(875	)
Reinsurance Group of America, Inc.		56	FedFundEffective Plus 0.35%		5		4/20/16		(286	)
Reinsurance Group of America, Inc.		135	FedFundEffective Plus 0.35%		13		4/20/16		(438	)
Reinsurance Group of America, Inc.		286	FedFundEffective Plus 0.35%		27		4/20/16		(927	)
Royal Caribbean Cruises Ltd.		708	FedFundEffective Plus 0.35%		65		4/20/16		4,621
salesforce.com, Inc.		142	FedFundEffective Plus 0.35%		10		4/20/16		574
salesforce.com, Inc.		462	FedFundEffective Plus 0.35%		33		4/20/16		2,585
salesforce.com, Inc.		60	FedFundEffective Plus 0.35%		4		4/20/16		250
salesforce.com, Inc.		279	FedFundEffective Plus 0.35%		19		4/20/16		2,203
Sealed Air Corp.		615	FedFundEffective Plus 0.35%		32		4/20/16		(1,611	)
Sealed Air Corp.		87	FedFundEffective Plus 0.35%		4		4/20/16		(59	)
Sealed Air Corp.		197	FedFundEffective Plus 0.35%		11		4/20/16		(835	)
Service Corp. International/US		403	FedFundEffective Plus 0.35%		12		4/20/16		(986	)
Service Corp. International/US		1,406	FedFundEffective Plus 0.35%		41		4/20/16		(1,030	)
Sherwin-Williams Co. (The)		51	FedFundEffective Plus 0.35%		14		4/20/16		(599	)
Sherwin-Williams Co. (The)		142	FedFundEffective Plus 0.35%		41		4/20/16		(3,037	)
Southwest Airlines Co.		285	FedFundEffective Plus 0.35%		10		4/20/16		2,917
Southwest Airlines Co.		118	FedFundEffective Plus 0.35%		4		4/20/16		1,335
Southwest Airlines Co.		898	FedFundEffective Plus 0.35%		38		4/20/16		4,002
Spirit AeroSystems Holdings, Inc.		885	FedFundEffective Plus 0.35%		46		4/20/16		1,087

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Starbucks Corp.		279	FedFundEffective Plus 0.35%	$	16		4/20/16	$	1,300
Starbucks Corp.		111	FedFundEffective Plus 0.35%		6		4/20/16		613
Starbucks Corp.		140	FedFundEffective Plus 0.35%		7		4/20/16		2,042
Starbucks Corp.		671	FedFundEffective Plus 0.35%		32		4/20/16		9,789
Stryker Corp.		74	FedFundEffective Plus 0.35%		7		4/20/16		(345	)
Stryker Corp.		183	FedFundEffective Plus 0.35%		19		4/20/16		(1,173	)
Stryker Corp.		42	FedFundEffective Plus 0.35%		4		4/20/16		156
Stryker Corp.		330	FedFundEffective Plus 0.35%		30		4/20/16		1,224
Stryker Corp.		190	FedFundEffective Plus 0.35%		18		4/20/16		481
Target Corp.		160	FedFundEffective Plus 0.35%		13		4/20/16		(355	)
Target Corp.		429	FedFundEffective Plus 0.35%		34		4/20/16		(1,161	)
Target Corp.		53	FedFundEffective Plus 0.35%		4		4/20/16		(115	)
Target Corp.		185	FedFundEffective Plus 0.35%		15		4/20/16		(863	)
TJX Cos., Inc. (The)		218	FedFundEffective Plus 0.35%		15		4/20/16		759
TJX Cos., Inc. (The)		759	FedFundEffective Plus 0.35%		51		4/20/16		4,532
TransDigm Group, Inc.		50	FedFundEffective Plus 0.35%		11		4/20/16		(323	)
TransDigm Group, Inc.		155	FedFundEffective Plus 0.35%		34		4/20/16		(461	)
TransDigm Group, Inc.		21	FedFundEffective Plus 0.35%		5		4/20/16		(24	)
UnitedHealth Group, Inc.		360	FedFundEffective Plus 0.35%		42		4/20/16		376
UnitedHealth Group, Inc.		53	FedFundEffective Plus 0.35%		6		4/20/16		55
UnitedHealth Group, Inc.		55	FedFundEffective Plus 0.35%		6		4/20/16		43
UnitedHealth Group, Inc.		131	FedFundEffective Plus 0.35%		16		4/20/16		(496	)
Valero Energy Corp.		81	FedFundEffective Plus 0.35%		5		4/20/16		92
Valero Energy Corp.		182	FedFundEffective Plus 0.35%		12		4/20/16		17
Valero Energy Corp.		612	FedFundEffective Plus 0.35%		40		4/20/16		609
Valero Energy Corp.		181	FedFundEffective Plus 0.35%		11		4/20/16		587
Verisign, Inc.		764	FedFundEffective Plus 0.35%		52		4/20/16		9,054
Waste Management, Inc.		938	FedFundEffective Plus 0.35%		47		4/20/16		3,719
Waste Management, Inc.		269	FedFundEffective Plus 0.35%		14		4/20/16		759
Waters Corp.		93	FedFundEffective Plus 0.35%		12		4/20/16		(620	)
Waters Corp.		142	FedFundEffective Plus 0.35%		18		4/20/16		418
Waters Corp.		150	FedFundEffective Plus 0.35%		19		4/20/16		441
Waters Corp.		39	FedFundEffective Plus 0.35%		5		4/20/16		(75	)
Wells Fargo & Co.		345	FedFundEffective Plus 0.35%		20		4/20/16		(1,183	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Wells Fargo & Co.		1,056	FedFundEffective Plus 0.35%	$	58		4/20/16	$	(170	)
Wells Fargo & Co.		144	FedFundEffective Plus 0.35%		8		4/20/16		(431	)
Western Union Co. (The)		653	FedFundEffective Plus 0.35%		13		4/20/16		(529	)
Western Union Co. (The)		2,024	FedFundEffective Plus 0.35%		42		4/20/16		(2,678	)
Western Union Co. (The)		43	FedFundEffective Plus 0.35%		1		4/20/16		(118	)
Western Union Co. (The)		258	FedFundEffective Plus 0.35%		5		4/20/16		231
Wyndham Worldwide Corp.		127	FedFundEffective Plus 0.35%		10		4/20/16		(71	)
Wyndham Worldwide Corp.		54	FedFundEffective Plus 0.35%		4		4/20/16		(38	)
Wyndham Worldwide Corp.		398	FedFundEffective Plus 0.35%		36		4/20/16		(3,565	)
Zoetis, Inc.		318	FedFundEffective Plus 0.35%		16		4/20/16		(2,026	)
Zoetis, Inc.		133	FedFundEffective Plus 0.35%		7		4/20/16		(855	)
Zoetis, Inc.		860	FedFundEffective Plus 0.35%		40		4/20/16		(3,450	)
Zoetis, Inc.		139	FedFundEffective Plus 0.35%		7		4/20/16		(558	)
Pay Total Return on Reference Obligation
Morgan Stanley Capital Services:
Adobe Systems, Inc.		147	FedFundEffective Minus 0.25%		12		4/20/16		(905	)
Adobe Systems, Inc.		511	FedFundEffective Minus 0.25%		41		4/20/16		(4,673	)
Affiliated Managers Group, Inc.		47	FedFundEffective Minus 0.25%		10		4/20/16		1,839
Affiliated Managers Group, Inc.		23	FedFundEffective Minus 0.25%		5		4/20/16		688
Affiliated Managers Group, Inc.		130	FedFundEffective Minus 0.25%		29		4/20/16		5,087
Affiliated Managers Group, Inc.		57	FedFundEffective Minus 0.25%		12		4/20/16		1,608
Air Products & Chemicals, Inc.		33	FedFundEffective Minus 0.25%		4		4/20/16		(365	)
Air Products & Chemicals, Inc.		221	FedFundEffective Minus 0.25%		34		4/20/16		2,674
Air Products & Chemicals, Inc.		102	FedFundEffective Minus 0.25%		15		4/20/16		250
Air Products & Chemicals, Inc.		103	FedFundEffective Minus 0.25%		13		4/20/16		(1,164	)
Airgas, Inc.		84	FedFundEffective Minus 0.25%		9		4/20/16		434
Airgas, Inc.		255	FedFundEffective Minus 0.25%		27		4/20/16		2,105
Airgas, Inc.		35	FedFundEffective Minus 0.25%		3		4/20/16		(11	)
Alliance Data Systems Corp.		69	FedFundEffective Minus 0.25%		17		4/20/16		(3,140	)
Alliance Data Systems Corp.		40	FedFundEffective Minus 0.25%		11		4/20/16		(980	)
Alliance Data Systems Corp.		17	FedFundEffective Minus 0.25%		5		4/20/16		(426	)
Alliance Data Systems Corp.		72	FedFundEffective Minus 0.25%		22		4/20/16		343
Alliance Data Systems Corp.		60	FedFundEffective Minus 0.25%		18		4/20/16		286
Ally Financial, Inc.		304	FedFundEffective Minus 0.25%		6		4/20/16		319

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Ally Financial, Inc.		207	FedFundEffective Minus 0.25%	$	5		4/20/16	$	379
Ally Financial, Inc.		510	FedFundEffective Minus 0.25%		12		4/20/16		1,468
Ally Financial, Inc.		1,765	FedFundEffective Minus 0.25%		37		4/20/16		2,275
Amdocs Ltd.		574	FedFundEffective Minus 0.25%		32		4/20/16		(2,474	)
Amdocs Ltd.		185	FedFundEffective Minus 0.25%		11		4/20/16		(228	)
Amdocs Ltd.		82	FedFundEffective Minus 0.25%		5		4/20/16		(349	)
American Express Co.		693	FedFundEffective Minus 0.25%		52		4/20/16		1,163
AMETEK, Inc.		187	FedFundEffective Minus 0.25%		10		4/20/16		(385	)
AMETEK, Inc.		77	FedFundEffective Minus 0.25%		4		4/20/16		(194	)
AMETEK, Inc.		589	FedFundEffective Minus 0.25%		31		4/20/16		(996	)
Amphenol Corp.		74	FedFundEffective Minus 0.25%		4		4/20/16		79
Amphenol Corp.		178	FedFundEffective Minus 0.25%		10		4/20/16		412
Amphenol Corp.		559	FedFundEffective Minus 0.25%		33		4/20/16		2,651
Anadarko Petroleum Corp.		36	FedFundEffective Minus 0.25%		3		4/20/16		131
Anadarko Petroleum Corp.		87	FedFundEffective Minus 0.25%		7		4/20/16		686
Anadarko Petroleum Corp.		268	FedFundEffective Minus 0.25%		25		4/20/16		7,278
Aon PLC		568	FedFundEffective Minus 0.25%		52		4/20/16		(1,150	)
Autodesk, Inc.		1,128	FedFundEffective Minus 0.25%		52		4/20/16		(10,100	)
Automatic Data Processing, Inc.		671	FedFundEffective Minus 0.25%		52		4/20/16		(6,277	)
AutoZone, Inc.		6	FedFundEffective Minus 0.25%		4		4/20/16		(671	)
AutoZone, Inc.		16	FedFundEffective Minus 0.25%		11		4/20/16		(1,321	)
AutoZone, Inc.		27	FedFundEffective Minus 0.25%		19		4/20/16		(2,447	)
AutoZone, Inc.		20	FedFundEffective Minus 0.25%		14		4/20/16		(1,812	)
Bank of New York Mellon Corp. (The)		145	FedFundEffective Minus 0.25%		6		4/20/16		149
Bank of New York Mellon Corp. (The)		349	FedFundEffective Minus 0.25%		15		4/20/16		519
Bank of New York Mellon Corp. (The)		97	FedFundEffective Minus 0.25%		4		4/20/16		(93	)
Bank of New York Mellon Corp. (The)		630	FedFundEffective Minus 0.25%		26		4/20/16		(607	)
Bank of New York Mellon Corp. (The)		371	FedFundEffective Minus 0.25%		15		4/20/16		(357	)
Baxter International, Inc.		136	FedFundEffective Minus 0.25%		5		4/20/16		21
Baxter International, Inc.		937	FedFundEffective Minus 0.25%		36		4/20/16		901
Baxter International, Inc.		302	FedFundEffective Minus 0.25%		12		4/20/16		674
BB&T Corp.		130	FedFundEffective Minus 0.25%		5		4/20/16		388
BB&T Corp.		314	FedFundEffective Minus 0.25%		13		4/20/16		976
BB&T Corp.		96	FedFundEffective Minus 0.25%		4		4/20/16		160

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
BB&T Corp.		670	FedFundEffective Minus 0.25%	$	26		4/20/16	$	1,114
BB&T Corp.		223	FedFundEffective Minus 0.25%		9		4/20/16		371
Becton Dickinson and Co.		29	FedFundEffective Minus 0.25%		4		4/20/16		85
Becton Dickinson and Co.		71	FedFundEffective Minus 0.25%		11		4/20/16		609
Becton Dickinson and Co.		225	FedFundEffective Minus 0.25%		32		4/20/16		(488	)
Berkshire Hathaway, Inc.		498	FedFundEffective Minus 0.25%		65		4/20/16		(2,874	)
BlackRock, Inc.		14	FedFundEffective Minus 0.25%		5		4/20/16		(293	)
BlackRock, Inc.		36	FedFundEffective Minus 0.25%		12		4/20/16		(605	)
BlackRock, Inc.		113	FedFundEffective Minus 0.25%		41		4/20/16		930
Boeing Co. (The)		28	FedFundEffective Minus 0.25%		4		4/20/16		(210	)
Boeing Co. (The)		68	FedFundEffective Minus 0.25%		10		4/20/16		(337	)
Boeing Co. (The)		216	FedFundEffective Minus 0.25%		32		4/20/16		(564	)
Bristol-Myers Squibb Co.		897	FedFundEffective Minus 0.25%		53		4/20/16		(6,826	)
Brown-Forman Corp.		41	FedFundEffective Minus 0.25%		4		4/20/16		(203	)
Brown-Forman Corp.		99	FedFundEffective Minus 0.25%		11		4/20/16		76
Brown-Forman Corp.		309	FedFundEffective Minus 0.25%		29		4/20/16		(4,241	)
Calpine Corp.		1,031	FedFundEffective Minus 0.25%		17		4/20/16		1,104
Calpine Corp.		707	FedFundEffective Minus 0.25%		13		4/20/16		2,016
Calpine Corp.		185	FedFundEffective Minus 0.25%		3		4/20/16		233
Calpine Corp.		33	FedFundEffective Minus 0.25%		1		4/20/16		247
Calpine Corp.		1,220	FedFundEffective Minus 0.25%		28		4/20/16		9,139
Capital One Financial Corp.		139	FedFundEffective Minus 0.25%		11		4/20/16		203
Capital One Financial Corp.		58	FedFundEffective Minus 0.25%		5		4/20/16		(41	)
Capital One Financial Corp.		437	FedFundEffective Minus 0.25%		36		4/20/16		1,399
Cardinal Health, Inc.		51	FedFundEffective Minus 0.25%		4		4/20/16		(15	)
Cardinal Health, Inc.		130	FedFundEffective Minus 0.25%		11		4/20/16		251
Cardinal Health, Inc.		416	FedFundEffective Minus 0.25%		37		4/20/16		2,385
CarMax, Inc.		138	FedFundEffective Minus 0.25%		9		4/20/16		780
CarMax, Inc.		58	FedFundEffective Minus 0.25%		4		4/20/16		203
CarMax, Inc.		421	FedFundEffective Minus 0.25%		30		4/20/16		5,621
Carnival Corp.		112	FedFundEffective Minus 0.25%		6		4/20/16		(443	)
Carnival Corp.		266	FedFundEffective Minus 0.25%		14		4/20/16		(228	)
Carnival Corp.		490	FedFundEffective Minus 0.25%		23		4/20/16		(3,708	)
Carnival Corp.		345	FedFundEffective Minus 0.25%		16		4/20/16		(2,611	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Celgene Corp.		263	FedFundEffective Minus 0.25%	$	35		4/20/16	$	2,747
Celgene Corp.		78	FedFundEffective Minus 0.25%		10		4/20/16		728
Cerner Corp.		168	FedFundEffective Minus 0.25%		12		4/20/16		955
Cerner Corp.		527	FedFundEffective Minus 0.25%		36		4/20/16		1,118
Cerner Corp.		75	FedFundEffective Minus 0.25%		5		4/20/16		97
CH Robinson Worldwide, Inc.		112	FedFundEffective Minus 0.25%		8		4/20/16		18
CH Robinson Worldwide, Inc.		442	FedFundEffective Minus 0.25%		31		4/20/16		56
Charter Communications, Inc.		73	FedFundEffective Minus 1.64%		14		4/20/16		(308	)
Charter Communications, Inc.		28	FedFundEffective Minus 1.63%		5		4/20/16		(282	)
Charter Communications, Inc.		229	FedFundEffective Minus 0.25%		41		4/20/16		(3,077	)
Cheniere Energy, Inc.		135	FedFundEffective Minus 0.25%		9		4/20/16		2,593
Cheniere Energy, Inc.		48	FedFundEffective Minus 0.25%		3		4/20/16		649
Cheniere Energy, Inc.		419	FedFundEffective Minus 0.25%		32		4/20/16		11,018
Chipotle Mexican Grill, Inc.		17	FedFundEffective Minus 0.25%		13		4/20/16		1,719
Chipotle Mexican Grill, Inc.		52	FedFundEffective Minus 0.25%		35		4/20/16		1,923
Cincinnati Financial Corp.		76	FedFundEffective Minus 0.25%		4		4/20/16		(604	)
Cincinnati Financial Corp.		182	FedFundEffective Minus 0.25%		10		4/20/16		(973	)
Cincinnati Financial Corp.		568	FedFundEffective Minus 0.25%		31		4/20/16		(4,167	)
CIT Group, Inc.		97	FedFundEffective Minus 0.25%		5		4/20/16		339
CIT Group, Inc.		250	FedFundEffective Minus 0.25%		12		4/20/16		866
CIT Group, Inc.		794	FedFundEffective Minus 0.25%		37		4/20/16		2,162
Clorox Co. (The)		535	FedFundEffective Minus 0.25%		59		4/20/16		(7,027	)
Coca-Cola Co. (The)		136	FedFundEffective Minus 0.25%		5		4/20/16		(366	)
Coca-Cola Co. (The)		326	FedFundEffective Minus 0.25%		13		4/20/16		(624	)
Coca-Cola Co. (The)		318	FedFundEffective Minus 0.25%		13		4/20/16		(804	)
Coca-Cola Co. (The)		710	FedFundEffective Minus 0.25%		29		4/20/16		(1,796	)
Coca-Cola Enterprises, Inc.		126	FedFundEffective Minus 0.25%		6		4/20/16		(883	)
Coca-Cola Enterprises, Inc.		300	FedFundEffective Minus 0.25%		16		4/20/16		61
Coca-Cola Enterprises, Inc.		945	FedFundEffective Minus 0.25%		43		4/20/16		(6,263	)
Colgate-Palmolive Co.		101	FedFundEffective Minus 0.25%		7		4/20/16		(37	)
Colgate-Palmolive Co.		221	FedFundEffective Minus 0.25%		15		4/20/16		245
Colgate-Palmolive Co.		688	FedFundEffective Minus 0.25%		45		4/20/16		(800	)
Costco Wholesale Corp.		38	FedFundEffective Minus 0.25%		5		4/20/16		(551	)
Costco Wholesale Corp.		94	FedFundEffective Minus 0.25%		14		4/20/16		(1,256	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Costco Wholesale Corp.		297	FedFundEffective Minus 0.25%	$	41		4/20/16	$	(6,227	)
Danaher Corp.		77	FedFundEffective Minus 0.25%		7		4/20/16		(463	)
Danaher Corp.		183	FedFundEffective Minus 0.25%		17		4/20/16		(297	)
Danaher Corp.		574	FedFundEffective Minus 0.25%		49		4/20/16		(4,583	)
DENTSPLY International, Inc.		164	FedFundEffective Minus 0.25%		9		4/20/16		(716	)
DENTSPLY International, Inc.		66	FedFundEffective Minus 0.25%		3		4/20/16		(602	)
DENTSPLY International, Inc.		518	FedFundEffective Minus 0.25%		27		4/20/16		(4,334	)
Dollar General Corp.		723	FedFundEffective Minus 0.25%		51		4/20/16		1,416
Dominion Resources, Inc./VA		169	FedFundEffective Minus 0.25%		12		4/20/16		(46	)
Dominion Resources, Inc./VA		382	FedFundEffective Minus 0.25%		26		4/20/16		(1,175	)
Dominion Resources, Inc./VA		210	FedFundEffective Minus 0.25%		15		4/20/16		28
Ecolab, Inc.		42	FedFundEffective Minus 0.25%		5		4/20/16		(548	)
Ecolab, Inc.		101	FedFundEffective Minus 0.25%		12		4/20/16		(476	)
Ecolab, Inc.		250	FedFundEffective Minus 0.25%		29		4/20/16		(988	)
Ecolab, Inc.		69	FedFundEffective Minus 0.25%		8		4/20/16		(273	)
EMC Corp./MA		195	FedFundEffective Minus 0.25%		5		4/20/16		(128	)
EMC Corp./MA		469	FedFundEffective Minus 0.25%		13		4/20/16		291
EMC Corp./MA		798	FedFundEffective Minus 0.25%		21		4/20/16		(166	)
EMC Corp./MA		680	FedFundEffective Minus 0.25%		18		4/20/16		(142	)
EQT Corp.		625	FedFundEffective Minus 0.25%		46		4/20/16		4,453
Equifax, Inc.		38	FedFundEffective Minus 0.25%		4		4/20/16		(295	)
Equifax, Inc.		86	FedFundEffective Minus 0.25%		9		4/20/16		(431	)
Equifax, Inc.		263	FedFundEffective Minus 0.25%		25		4/20/16		(3,492	)
Estee Lauder Cos., Inc. (The)		196	FedFundEffective Minus 0.25%		15		4/20/16		(933	)
Estee Lauder Cos., Inc. (The)		123	FedFundEffective Minus 0.25%		11		4/20/16		1,083
Estee Lauder Cos., Inc. (The)		107	FedFundEffective Minus 0.25%		9		4/20/16		374
Estee Lauder Cos., Inc. (The)		140	FedFundEffective Minus 0.25%		12		4/20/16		489
Estee Lauder Cos., Inc. (The)		200	FedFundEffective Minus 0.25%		17		4/20/16		698
Expeditors International of Washington, Inc.		691	FedFundEffective Minus 0.25%		32		4/20/16		(2,700	)
Expeditors International of Washington, Inc.		98	FedFundEffective Minus 0.25%		4		4/20/16		(563	)
Expeditors International of Washington, Inc.		221	FedFundEffective Minus 0.25%		10		4/20/16		(629	)
Fidelity National Information Services, Inc.		658	FedFundEffective Minus 0.25%		41		4/20/16		(7,210	)
Fidelity National Information Services, Inc.		189	FedFundEffective Minus 0.25%		12		4/20/16		(1,529	)
FleetCor Technologies, Inc.		67	FedFundEffective Minus 0.25%		10		4/20/16		690

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
FleetCor Technologies, Inc.		27	FedFundEffective Minus 0.25%	$	4		4/20/16	$	139
FleetCor Technologies, Inc.		211	FedFundEffective Minus 0.25%		33		4/20/16		2,883
Gartner, Inc.		130	FedFundEffective Minus 0.25%		12		4/20/16		(241	)
Gartner, Inc.		441	FedFundEffective Minus 0.25%		37		4/20/16		(2,901	)
General Mills, Inc.		172	FedFundEffective Minus 0.25%		10		4/20/16		(123	)
General Mills, Inc.		72	FedFundEffective Minus 0.25%		4		4/20/16		(167	)
General Mills, Inc.		543	FedFundEffective Minus 0.25%		31		4/20/16		(1,322	)
Harley-Davidson, Inc.		939	FedFundEffective Minus 0.25%		51		4/20/16		4,543
Henry Schein, Inc.		92	FedFundEffective Minus 0.25%		14		4/20/16		(388	)
Henry Schein, Inc.		38	FedFundEffective Minus 0.25%		6		4/20/16		(194	)
Henry Schein, Inc.		285	FedFundEffective Minus 0.25%		40		4/20/16		(3,347	)
Hess Corp.		59	FedFundEffective Minus 0.25%		3		4/20/16		95
Hess Corp.		161	FedFundEffective Minus 0.25%		10		4/20/16		511
Hess Corp.		513	FedFundEffective Minus 0.25%		37		4/20/16		7,440
Honeywell International, Inc.		57	FedFundEffective Minus 0.25%		6		4/20/16		(130	)
Honeywell International, Inc.		140	FedFundEffective Minus 0.25%		15		4/20/16		161
Honeywell International, Inc.		438	FedFundEffective Minus 0.25%		45		4/20/16		(184	)
IHS, Inc.		104	FedFundEffective Minus 0.25%		13		4/20/16		590
IHS, Inc.		333	FedFundEffective Minus 0.25%		42		4/20/16		1,771
Illumina, Inc.		259	FedFundEffective Minus 0.25%		52		4/20/16		14,648
Intercontinental Exchange, Inc.		22	FedFundEffective Minus 0.25%		5		4/20/16		(604	)
Intercontinental Exchange, Inc.		52	FedFundEffective Minus 0.25%		12		4/20/16		(1,351	)
Intercontinental Exchange, Inc.		95	FedFundEffective Minus 0.25%		22		4/20/16		(2,280	)
Intercontinental Exchange, Inc.		70	FedFundEffective Minus 0.25%		16		4/20/16		(1,680	)
Intuitive Surgical, Inc.		75	FedFundEffective Minus 0.25%		38		4/20/16		1,084
JB Hunt Transport Services, Inc.		385	FedFundEffective Minus 0.25%		32		4/20/16		2,149
JB Hunt Transport Services, Inc.		124	FedFundEffective Minus 0.25%		10		4/20/16		1,005
JB Hunt Transport Services, Inc.		55	FedFundEffective Minus 0.25%		5		4/20/16		306
JM Smucker Co. (The)		88	FedFundEffective Minus 0.25%		10		4/20/16		(638	)
JM Smucker Co. (The)		36	FedFundEffective Minus 0.25%		4		4/20/16		(488	)
JM Smucker Co. (The)		277	FedFundEffective Minus 0.25%		33		4/20/16		(134	)
Kraft Heinz Co. (The)		826	FedFundEffective Minus 0.25%		65		4/20/16		761
Leucadia National Corp.		497	FedFundEffective Minus 0.25%		12		4/20/16		2,074
Leucadia National Corp.		213	FedFundEffective Minus 0.25%		5		4/20/16		677

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)			Maturity Date		Unrealized Appreciation/ (Depreciation)
Leucadia National Corp.		481	FedFundEffective Minus 0.25%	$	11			4/20/16	$	1,707
Leucadia National Corp.		1,001	FedFundEffective Minus 0.25%		24			4/20/16		3,782
Level 3 Communications, Inc.		223	FedFundEffective Minus 0.25%		11			4/20/16		(104	)
Level 3 Communications, Inc.		692	FedFundEffective Minus 0.25%		35			4/20/16		(21	)
Level 3 Communications, Inc.		104	FedFundEffective Minus 0.25%		5			4/20/16		153
Linear Technology Corp.		311	FedFundEffective Minus 0.25%		13			4/20/16		(1,319	)
Linear Technology Corp.		119	FedFundEffective Minus 0.25%		5			4/20/16		(574	)
Linear Technology Corp.		987	FedFundEffective Minus 0.25%		45			4/20/16		981
Loews Corp.		1,803	FedFundEffective Minus 0.25%		65			4/20/16		(315	)
Lowe’s Cos., Inc.		506	FedFundEffective Minus 0.25%		34			4/20/16		(3,865	)
Lowe’s Cos., Inc.		367	FedFundEffective Minus 0.25%		26			4/20/16		(1,704	)
Lowe’s Cos., Inc.		77	FedFundEffective Minus 0.25%		5			4/20/16		(548	)
Marathon Oil Corp.		355	FedFundEffective Minus 0.25%		8			4/20/16		921
Marathon Oil Corp.		145	FedFundEffective Minus 0.25%		3			4/20/16		347
Marathon Oil Corp.		1,089	FedFundEffective Minus 0.25%		31			4/20/16		10,480
Marriott International, Inc./MD		173	FedFundEffective Minus 0.25%		12			4/20/16		(871	)
Marriott International, Inc./MD		514	FedFundEffective Minus 0.25%		38			4/20/16		(1,452	)
Marriott International, Inc./MD		155	FedFundEffective Minus 0.25%		11			4/20/16		(601	)
Marriott International, Inc./MD		72	FedFundEffective Minus 0.25%		5			4/20/16		(219	)
McDonald’s Corp.		1	FedFundEffective Minus 0.25%		0	*		4/20/16		(18	)
McKesson Corp.		270	FedFundEffective Minus 0.25%		53			4/20/16		4,249
Mead Johnson Nutrition Co.		866	FedFundEffective Minus 0.25%		65			4/20/16		(6,073	)
Mondelez International, Inc.		163	FedFundEffective Minus 0.25%		7			4/20/16		(819	)
Mondelez International, Inc.		394	FedFundEffective Minus 0.25%		18			4/20/16		(572	)
Mondelez International, Inc.		7	FedFundEffective Minus 0.25%		0	*		4/20/16		(62	)
Mondelez International, Inc.		350	FedFundEffective Minus 0.25%		13			4/20/16		(3,116	)
Mondelez International, Inc.		440	FedFundEffective Minus 0.25%		17			4/20/16		(3,918	)
Mondelez International, Inc.		410	FedFundEffective Minus 0.25%		15			4/20/16		(3,650	)
Monsanto Co.		115	FedFundEffective Minus 0.25%		12			4/20/16		967
Monsanto Co.		49	FedFundEffective Minus 0.25%		5			4/20/16		401
Monsanto Co.		261	FedFundEffective Minus 0.25%		31			4/20/16		6,577
Monsanto Co.		100	FedFundEffective Minus 0.25%		12			4/20/16		2,520
NextEra Energy, Inc.		52	FedFundEffective Minus 0.25%		5			4/20/16		(44	)
NextEra Energy, Inc.		122	FedFundEffective Minus 0.25%		13			4/20/16		173

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
NextEra Energy, Inc.		383	FedFundEffective Minus 0.25%	$	40		4/20/16	$	63
Norfolk Southern Corp.		107	FedFundEffective Minus 0.25%		9		4/20/16		428
Norfolk Southern Corp.		44	FedFundEffective Minus 0.25%		4		4/20/16		98
Norfolk Southern Corp.		326	FedFundEffective Minus 0.25%		33		4/20/16		6,410
Northern Trust Corp.		212	FedFundEffective Minus 0.25%		16		4/20/16		1,209
Northern Trust Corp.		88	FedFundEffective Minus 0.25%		7		4/20/16		440
Northern Trust Corp.		21	FedFundEffective Minus 0.25%		1		4/20/16		2
Northern Trust Corp.		350	FedFundEffective Minus 0.25%		25		4/20/16		39
Northern Trust Corp.		293	FedFundEffective Minus 0.25%		21		4/20/16		33
Pfizer, Inc.		368	FedFundEffective Minus 0.25%		13		4/20/16		777
Pfizer, Inc.		152	FedFundEffective Minus 0.25%		5		4/20/16		(43	)
Pfizer, Inc.		1,159	FedFundEffective Minus 0.25%		41		4/20/16		1,040
PG&E Corp.		279	FedFundEffective Minus 0.25%		15		4/20/16		(342	)
PG&E Corp.		117	FedFundEffective Minus 0.25%		6		4/20/16		(328	)
PG&E Corp.		877	FedFundEffective Minus 0.25%		46		4/20/16		(1,997	)
Polaris Industries, Inc.		407	FedFundEffective Minus 0.25%		52		4/20/16		6,349
PPG Industries, Inc.		112	FedFundEffective Minus 0.25%		12		4/20/16		428
PPG Industries, Inc.		48	FedFundEffective Minus 0.25%		5		4/20/16		(118	)
PPG Industries, Inc.		353	FedFundEffective Minus 0.25%		40		4/20/16		3,073
Praxair, Inc.		118	FedFundEffective Minus 0.25%		13		4/20/16		245
Praxair, Inc.		39	FedFundEffective Minus 0.25%		4		4/20/16		(11	)
Praxair, Inc.		106	FedFundEffective Minus 0.25%		12		4/20/16		(13	)
Praxair, Inc.		166	FedFundEffective Minus 0.25%		20		4/20/16		1,540
Praxair, Inc.		100	FedFundEffective Minus 0.25%		12		4/20/16		928
Priceline Group, Inc. (The)		27	FedFundEffective Minus 0.25%		34		4/20/16		(5,503	)
Priceline Group, Inc. (The)		26	FedFundEffective Minus 0.25%		31		4/20/16		(7,087	)
Principal Financial Group, Inc.		76	FedFundEffective Minus 0.25%		4		4/20/16		222
Principal Financial Group, Inc.		193	FedFundEffective Minus 0.25%		11		4/20/16		877
Principal Financial Group, Inc.		611	FedFundEffective Minus 0.25%		32		4/20/16		1,267
Progressive Corp. (The)		440	FedFundEffective Minus 0.25%		13		4/20/16		(1,133	)
Progressive Corp. (The)		182	FedFundEffective Minus 0.25%		6		4/20/16		(489	)
Progressive Corp. (The)		1,387	FedFundEffective Minus 0.25%		38		4/20/16		(8,260	)
QUALCOMM, Inc.		182	FedFundEffective Minus 0.25%		12		4/20/16		803
QUALCOMM, Inc.		593	FedFundEffective Minus 0.25%		41		4/20/16		4,836

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Quest Diagnostics, Inc.		161	FedFundEffective Minus 0.25%	$	12		4/20/16	$	917
Quest Diagnostics, Inc.		501	FedFundEffective Minus 0.25%		36		4/20/16		1,674
Quest Diagnostics, Inc.		71	FedFundEffective Minus 0.25%		5		4/20/16		273
Realogy Holdings Corp.		253	FedFundEffective Minus 0.25%		12		4/20/16		1,858
Realogy Holdings Corp.		105	FedFundEffective Minus 0.25%		5		4/20/16		975
Realogy Holdings Corp.		794	FedFundEffective Minus 0.25%		37		4/20/16		5,911
Republic Services, Inc.		232	FedFundEffective Minus 0.25%		10		4/20/16		(351	)
Republic Services, Inc.		96	FedFundEffective Minus 0.25%		4		4/20/16		(264	)
Republic Services, Inc.		729	FedFundEffective Minus 0.25%		29		4/20/16		(2,876	)
Robert Half International, Inc.		567	FedFundEffective Minus 0.25%		31		4/20/16		1,196
Robert Half International, Inc.		183	FedFundEffective Minus 0.25%		10		4/20/16		381
Robert Half International, Inc.		85	FedFundEffective Minus 0.25%		4		4/20/16		(25	)
Roper Technologies, Inc.		29	FedFundEffective Minus 0.25%		5		4/20/16		(662	)
Roper Technologies, Inc.		69	FedFundEffective Minus 0.25%		12		4/20/16		(1,368	)
Roper Technologies, Inc.		217	FedFundEffective Minus 0.25%		37		4/20/16		(3,395	)
Ross Stores, Inc.		260	FedFundEffective Minus 0.25%		14		4/20/16		569
Ross Stores, Inc.		103	FedFundEffective Minus 0.25%		5		4/20/16		173
Ross Stores, Inc.		824	FedFundEffective Minus 0.25%		41		4/20/16		(696	)
SBA Communications Corp.		95	FedFundEffective Minus 0.25%		11		4/20/16		82
SBA Communications Corp.		40	FedFundEffective Minus 0.25%		5		4/20/16		(85	)
SBA Communications Corp.		298	FedFundEffective Minus 0.25%		36		4/20/16		148
Schlumberger Ltd.		132	FedFundEffective Minus 0.25%		11		4/20/16		553
Schlumberger Ltd.		55	FedFundEffective Minus 0.25%		5		4/20/16		176
Schlumberger Ltd.		417	FedFundEffective Minus 0.25%		38		4/20/16		5,399
Sempra Energy		39	FedFundEffective Minus 0.25%		4		4/20/16		(116	)
Sempra Energy		107	FedFundEffective Minus 0.25%		11		4/20/16		(128	)
Sempra Energy		342	FedFundEffective Minus 0.25%		37		4/20/16		1,362
Sirius XM Holdings, Inc.		3,043	FedFundEffective Minus 0.25%		12		4/20/16		(372	)
Sirius XM Holdings, Inc.		10,457	FedFundEffective Minus 0.25%		41		4/20/16		(1,383	)
Southern Copper Corp.		643	FedFundEffective Minus 1.13%		17		4/20/16		(969	)
Southern Copper Corp.		506	FedFundEffective Minus 1.13%		14		4/20/16		(29	)
Southern Copper Corp.		138	FedFundEffective Minus 1.13%		4		4/20/16		(167	)
Southern Copper Corp.		982	FedFundEffective Minus 1.13%		32		4/20/16		4,598
Spectra Energy Corp.		233	FedFundEffective Minus 0.25%		7		4/20/16		319

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Spectra Energy Corp.		97	FedFundEffective Minus 0.25%	$	3		4/20/16	$	11
Spectra Energy Corp.		715	FedFundEffective Minus 0.25%		27		4/20/16		6,483
Sprint Corp.		10,585	FedFundEffective Minus 0.25%		51		4/20/16		1,020
Stanley Black & Decker, Inc.		79	FedFundEffective Minus 0.25%		8		4/20/16		(116	)
Stanley Black & Decker, Inc.		113	FedFundEffective Minus 0.25%		11		4/20/16		(1,132	)
Stanley Black & Decker, Inc.		205	FedFundEffective Minus 0.25%		20		4/20/16		(2,053	)
State Street Corp.		168	FedFundEffective Minus 0.25%		13		4/20/16		1,262
State Street Corp.		67	FedFundEffective Minus 0.25%		5		4/20/16		294
State Street Corp.		533	FedFundEffective Minus 0.25%		42		4/20/16		4,691
SunTrust Banks, Inc.		309	FedFundEffective Minus 0.25%		14		4/20/16		829
SunTrust Banks, Inc.		128	FedFundEffective Minus 0.25%		6		4/20/16		259
SunTrust Banks, Inc.		162	FedFundEffective Minus 0.25%		7		4/20/16		50
SunTrust Banks, Inc.		600	FedFundEffective Minus 0.25%		25		4/20/16		187
SunTrust Banks, Inc.		210	FedFundEffective Minus 0.25%		9		4/20/16		65
T. Rowe Price Group, Inc.		177	FedFundEffective Minus 0.25%		14		4/20/16		223
T. Rowe Price Group, Inc.		74	FedFundEffective Minus 0.25%		6		4/20/16		(42	)
T. Rowe Price Group, Inc.		552	FedFundEffective Minus 0.25%		46		4/20/16		3,449
TE Connectivity Ltd.		227	FedFundEffective Minus 0.25%		14		4/20/16		(1,080	)
TE Connectivity Ltd.		71	FedFundEffective Minus 0.25%		4		4/20/16		(310	)
TE Connectivity Ltd.		220	FedFundEffective Minus 0.25%		13		4/20/16		(795	)
TE Connectivity Ltd.		471	FedFundEffective Minus 0.25%		32		4/20/16		1,919
Tesla Motors, Inc.		209	FedFundEffective Minus 0.25%		52		4/20/16		8,571
Thermo Fisher Scientific, Inc.		90	FedFundEffective Minus 0.25%		13		4/20/16		791
Thermo Fisher Scientific, Inc.		38	FedFundEffective Minus 0.25%		5		4/20/16		224
Thermo Fisher Scientific, Inc.		131	FedFundEffective Minus 0.25%		18		4/20/16		329
Thermo Fisher Scientific, Inc.		100	FedFundEffective Minus 0.25%		13		4/20/16		251
Thermo Fisher Scientific, Inc.		55	FedFundEffective Minus 0.25%		7		4/20/16		138
Twenty-First Century Fox, Inc.		351	FedFundEffective Minus 0.25%		12		4/20/16		1,265
Twenty-First Century Fox, Inc.		138	FedFundEffective Minus 0.25%		5		4/20/16		387
Twenty-First Century Fox, Inc.		1,113	FedFundEffective Minus 0.25%		36		4/20/16		2,109
Under Armour, Inc.		75	FedFundEffective Minus 0.25%		7		4/20/16		3
Under Armour, Inc.		292	FedFundEffective Minus 0.25%		25		4/20/16		(3,189	)
Under Armour, Inc.		160	FedFundEffective Minus 0.25%		13		4/20/16		(1,748	)
United Parcel Service, Inc.		670	FedFundEffective Minus 0.25%		65		4/20/16		(4,189	)

Counterparty & Referenced Obligation	# of Shares or Units		Rate Paid/ Received	Notional Amount (000)		Maturity Date		Unrealized Appreciation/ (Depreciation)
Universal Health Services, Inc.		45	FedFundEffective Minus 0.25%	$	6		4/20/16	$	808
Universal Health Services, Inc.		108	FedFundEffective Minus 0.25%		16		4/20/16		2,649
Universal Health Services, Inc.		322	FedFundEffective Minus 0.25%		39		4/20/16		(398	)
Universal Health Services, Inc.		20	FedFundEffective Minus 0.25%		2		4/20/16		(25	)
Unum Group		362	FedFundEffective Minus 0.25%		13		4/20/16		325
Unum Group		1,202	FedFundEffective Minus 0.25%		41		4/20/16		(1,158	)
US Bancorp		271	FedFundEffective Minus 0.25%		12		4/20/16		694
US Bancorp		112	FedFundEffective Minus 0.25%		5		4/20/16		248
US Bancorp		852	FedFundEffective Minus 0.25%		37		4/20/16		678
Verizon Communications, Inc.		213	FedFundEffective Minus 0.25%		10		4/20/16		(202	)
Verizon Communications, Inc.		372	FedFundEffective Minus 0.25%		18		4/20/16		554
Verizon Communications, Inc.		360	FedFundEffective Minus 0.25%		18		4/20/16		537
VF Corp.		65	FedFundEffective Minus 0.25%		5		4/20/16		359
VF Corp.		162	FedFundEffective Minus 0.25%		12		4/20/16		1,459
VF Corp.		511	FedFundEffective Minus 0.25%		36		4/20/16		1,658
Western Digital Corp.		122	FedFundEffective Minus 0.25%		10		4/20/16		2,207
Western Digital Corp.		48	FedFundEffective Minus 0.25%		4		4/20/16		439
Western Digital Corp.		384	FedFundEffective Minus 0.25%		37		4/20/16		10,597
Whirlpool Corp.		22	FedFundEffective Minus 0.25%		4		4/20/16		279
Whirlpool Corp.		208	FedFundEffective Minus 0.25%		37		4/20/16		3,528
Whirlpool Corp.		137	FedFundEffective Minus 0.25%		26		4/20/16		3,840
Yahoo!, Inc.		149	FedFundEffective Minus 0.25%		6		4/20/16		334
Yahoo!, Inc.		335	FedFundEffective Minus 0.25%		12		4/20/16		501
Yahoo!, Inc.		1,045	FedFundEffective Minus 0.25%		41		4/20/16		3,799
Zimmer Biomet Holdings, Inc.		450	FedFundEffective Minus 0.25%		45		4/20/16		(2,033	)
								$	113,456

* Notional amount less than $500.

(a) Non-income producing security.

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

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

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

(e) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $0 and gross unrealized depreciation of investments was $(3,720), resulting in net unrealized depreciation of $(3,720).

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard & Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the broad market.

Glossary:

FedFundEffective - Federal Funds Effective Rate

AB Market Neutral Strategy - U.S.

October 31, 2015 (unaudited)

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Strategy 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 Strategy. Unobservable inputs reflect the Strategy’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 Strategy’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.

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.

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.

The following table summarizes the valuation of the Strategy’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Securities:

Level 1

Level 2

Level 3

Total

Assets:

Common Stocks*

$

97,892

$

– 0

–

$

– 0

–

$

97,892

Short-Term Investments:

Investment Companies

574,790

– 0

–

– 0

–

574,790

U.S. Treasury Bills

– 0

–

2,149,930

– 0

–

2,149,930

Total Investments in Securities

672,682

2,149,930

– 0

–

2,822,612

Other Financial Instruments** :

Assets:

Total Return Swaps

– 0

–

593,414

– 0

–

593,414

Liabilities:

Total Return Swaps

– 0

–

(479,958

)

– 0

–

(479,958

)

Total^

$

672,682

$

2,263,386

$

– 0

–

$

2,936,068

* See Portfolio of Investments for sector classifications.

** Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation/depreciation on the instrument.

^ There were no transfers between any levels during the reporting period.

The Strategy recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Strategy. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select Retirement Allocation Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 97.5%
Funds and Investment Trusts - 97.5% (a)
AB All Market Real Return Portfolio - Class Z		13,589	$	110,208
AB Bond Inflation Strategy Portfolio - Class Z		17,708		183,806
AB Concentrated Growth Portfolio - Class Z (b)		1,252		35,614
AB Global Bond Fund, Inc. - Class Z		8,798		73,461
AB Global Real Estate Investment Fund II - Class I		10,289		109,373
AB Growth and Income Fund, Inc. - Class Z		25,482		145,760
AB High Income Fund, Inc. - Class Z		21,627		184,043
AB Intermediate Bond Portfolio - Class Z		26,553		294,203
AB Unconstrained Bond Fund, Inc. - Class Z		13,062		110,373
AQR Large Cap Defensive Style Fund - Class R6		11,799		182,419
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		4,533		26,793
Franklin Growth Fund - Class R6		466		36,150
Franklin Low Duration Total Return Fund - Class R6		44,251		440,293
iShares 20+ Year Treasury Bond ETF		288		35,361
MFS Institutional International Equity Fund		1,665		36,060
MFS New Discovery Fund - Class R5 (b)		1,460		36,336
MFS Total Return Bond Fund - Class R5		10,297		110,178
MFS Value Fund - Class R5		1,029		36,028
T. Rowe Price Dividend Growth Fund, Inc.		4,977		182,556
T. Rowe Price Emerging Markets Stock Fund		1,060		31,755
T. Rowe Price Inflation Protected Bond Fund, Inc.		18,688		220,704
T. Rowe Price Institutional Long Duration Credit Fund		7,344		73,738
T. Rowe Price International Funds - International Discovery Fund		647		35,960
Templeton Global Bond Fund - Class R6		21,877		256,404
Vanguard FTSE Developed Markets ETF		888		33,780
Vanguard Short-Term Bond ETF		4,667		374,480
Vanguard Total Bond Market ETF		2,158		176,503
Total Investment Companies (cost $3,589,443)				3,572,339
SHORT-TERM INVESTMENTS - 4.1%
Investment Companies - 4.1%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $150,776)		150,776		150,776
Total Investments - 101.6% (cost $3,740,219) (d)				3,723,115
Other assets less liabilities - (1.6)%				(57,168	)
Net Assets - 100.0%			$	3,665,947

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $6,093 and gross unrealized depreciation of investments was $(23,197), resulting in net unrealized depreciation of $(17,104).

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select Retirement Allocation Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	3,572,339	$	– 0	–	$	– 0	–	$	3,572,339
Short-Term Investments		150,776		– 0	–		– 0	–		150,776
Total*	$	3,723,115	$	– 0	–	$	– 0	–	$	3,723,115

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2010 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 97.3%
Funds and Investment Trusts - 97.3% (a)
AB All Market Growth Portfolio - Class Z		3,677	$	31,288
AB All Market Real Return Portfolio - Class Z		15,707		127,382
AB Bond Inflation Strategy Portfolio - Class Z		18,420		191,203
AB Concentrated Growth Portfolio - Class Z (b)		1,112		31,628
AB Global Bond Fund, Inc. - Class Z		11,442		95,543
AB Global Real Estate Investment Fund II - Class I		8,800		93,546
AB Growth and Income Fund, Inc. - Class Z		22,388		128,057
AB High Income Fund, Inc. - Class Z		22,531		191,737
AB Intermediate Bond Portfolio - Class Z		11,516		127,593
AB Unconstrained Bond Fund, Inc. - Class Z		7,400		62,533
AQR Large Cap Defensive Style Fund - Class R6		12,303		190,209
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		4,037		23,859
AQR Style Premia Alternative Fund - Class R6		5,965		63,050
Franklin Growth Fund - Class R6		404		31,309
Franklin Low Duration Total Return Fund - Class R6		22,377		222,646
iShares 20+ Year Treasury Bond ETF		252		30,941
iShares Core S&P 500 ETF		693		144,872
MFS Institutional International Equity Fund		1,463		31,693
MFS New Discovery Fund - Class R5 (b)		1,284		31,949
MFS Total Return Bond Fund - Class R5		14,877		159,187
MFS Value Fund - Class R5		916		32,064
T. Rowe Price Dividend Growth Fund, Inc.		4,355		159,752
T. Rowe Price Emerging Markets Stock Fund		2,023		60,611
T. Rowe Price Inflation Protected Bond Fund, Inc.		13,501		159,443
T. Rowe Price Institutional Long Duration Credit Fund		6,367		63,927
T. Rowe Price International Funds - International Discovery Fund		565		31,438
Templeton Global Bond Fund - Class R6		18,941		221,988
Vanguard FTSE Developed Markets ETF		1,717		65,315
Vanguard Mid-Cap ETF		263		32,517
Vanguard Short-Term Bond ETF		1,193		95,726
Vanguard Total Bond Market ETF		1,947		159,245
Total Investment Companies (cost $3,090,195)				3,092,251
SHORT-TERM INVESTMENTS - 3.0%
Investment Companies - 3.0%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $96,414)		96,414		96,414
Total Investments - 100.3% (cost $3,186,609) (d)				3,188,665
Other assets less liabilities - (0.3)%				(8,385	)
Net Assets - 100.0%			$	3,180,280

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $21,188 and gross unrealized depreciation of investments was $(19,132), resulting in net unrealized appreciation of $2,056.

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2010 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	3,092,251	$	– 0	–	$	– 0	–	$	3,092,251
Short-Term Investments		96,414		– 0	–		– 0	–		96,414
Total*	$	3,188,665	$	– 0	–	$	– 0	–	$	3,188,665

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2015 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 96.2%
Funds and Investment Trusts - 96.2% (a)
AB All Market Growth Portfolio - Class Z		27,404	$	233,211
AB All Market Real Return Portfolio - Class Z		86,371		700,472
AB Bond Inflation Strategy Portfolio - Class Z		112,544		1,168,204
AB Concentrated Growth Portfolio - Class Z (b)		7,870		223,830
AB Global Bond Fund, Inc. - Class Z		111,886		934,247
AB Global Real Estate Investment Fund II - Class I		87,200		926,932
AB Growth and Income Fund, Inc. - Class Z		161,979		926,518
AB High Income Fund, Inc. - Class Z		192,764		1,640,418
AB Intermediate Bond Portfolio - Class Z		63,337		701,770
AB Unconstrained Bond Fund, Inc. - Class Z		55,344		467,660
AQR Large Cap Defensive Style Fund - Class R6		89,999		1,391,387
AQR Long-Short Equity Fund - Class R6		35,956		454,843
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		39,461		233,213
AQR Style Premia Alternative Fund - Class R6		66,008		697,708
Franklin Growth Fund - Class R6		6,005		465,645
Franklin Low Duration Total Return Fund - Class R6		22,479		223,671
iShares 20+ Year Treasury Bond ETF		1,914		235,001
iShares Core S&P 500 ETF		8,329		1,741,177
MFS Institutional International Equity Fund		21,486		465,393
MFS New Discovery Fund - Class R5 (b)		9,133		227,331
MFS Total Return Bond Fund - Class R5		65,445		700,258
MFS Value Fund - Class R5		6,486		227,149
T. Rowe Price Dividend Growth Fund, Inc.		37,957		1,392,253
T. Rowe Price Emerging Markets Stock Fund		22,638		678,224
T. Rowe Price Inflation Protected Bond Fund, Inc.		98,973		1,168,877
T. Rowe Price Institutional Long Duration Credit Fund		46,678		468,646
T. Rowe Price International Funds - International Discovery Fund		4,034		224,265
Templeton Global Bond Fund - Class R6		139,060		1,629,777
Vanguard FTSE Developed Markets ETF		18,989		722,342
Vanguard Mid-Cap ETF		1,816		224,530
Vanguard Total Bond Market ETF		11,431		934,941
Total Investment Companies (cost $22,209,634)				22,429,893
SHORT-TERM INVESTMENTS - 3.9%
Investment Companies - 3.9%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $908,012)		908,012		908,012
Total Investments - 100.1% (cost $23,117,646) (d)				23,337,905
Other assets less liabilities - (0.1)%				(20,433	)
Net Assets - 100.0%			$	23,317,472

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $261,672 and gross unrealized depreciation of investments was $(41,413), resulting in net unrealized appreciation of $220,259.

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2015 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	22,429,893	$	– 0	–	$	– 0	–	$	22,429,893
Short-Term Investments		908,012		– 0	–		– 0	–		908,012
Total*	$	23,337,905	$	– 0	–	$	– 0	–	$	23,337,905

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2020 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 95.3%
Funds and Investment Trusts - 95.3% (a)
AB All Market Growth Portfolio - Class Z		37,265	$	317,121
AB All Market Real Return Portfolio - Class Z		117,445		952,482
AB Bond Inflation Strategy Portfolio - Class Z		91,818		953,075
AB Concentrated Growth Portfolio - Class Z (b)		10,657		303,082
AB Discovery Value Fund - Class Z		15,723		310,210
AB Global Bond Fund, Inc. - Class Z		152,126		1,270,254
AB Global Real Estate Investment Fund II - Class I		118,578		1,260,486
AB Growth and Income Fund, Inc. - Class Z		275,344		1,574,970
AB High Income Fund, Inc. - Class Z		299,427		2,548,125
AB Intermediate Bond Portfolio - Class Z		57,409		636,087
AB Unconstrained Bond Fund, Inc. - Class Z		75,254		635,896
AQR Large Cap Defensive Style Fund - Class R6		122,383		1,892,046
AQR Long-Short Equity Fund - Class R6		74,977		948,454
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		53,658		317,116
AQR Small Cap Momentum Style Fund - Class R6		15,335		307,470
AQR Style Premia Alternative Fund - Class R6		59,841		632,520
Franklin Growth Fund - Class R6		12,249		949,816
iShares 20+ Year Treasury Bond ETF		2,603		319,596
iShares Core S&P 500 ETF		11,326		2,367,700
MFS Institutional International Equity Fund		29,218		632,856
MFS New Discovery Fund - Class R5 (b)		12,429		309,364
MFS Total Return Bond Fund - Class R5		29,664		317,403
MFS Value Fund - Class R5		27,023		946,362
T. Rowe Price Dividend Growth Fund, Inc.		51,614		1,893,196
T. Rowe Price Emerging Markets Stock Fund		30,783		922,245
T. Rowe Price Inflation Protected Bond Fund, Inc.		80,750		953,655
T. Rowe Price Institutional Long Duration Credit Fund		63,467		637,209
T. Rowe Price International Funds - International Discovery Fund		11,425		635,231
Templeton Global Bond Fund - Class R6		189,092		2,216,155
Vanguard FTSE Developed Markets ETF		25,425		967,167
Vanguard Mid-Cap ETF		2,465		304,773
Vanguard Total Bond Market ETF		15,543		1,271,262
Total Investment Companies (cost $30,420,135)				30,503,384
SHORT-TERM INVESTMENTS - 2.7%
Investment Companies - 2.7%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $868,840)		868,840		868,840
Total Investments - 98.0% (cost $31,288,975) (d)				31,372,224
Other assets less liabilities - 2.0%				631,838
Net Assets - 100.0%			$	32,004,062

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $249,656 and gross unrealized depreciation of investments was $(166,407), resulting in net unrealized appreciation of $83,249.

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2020 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	30,503,384	$	– 0	–	$	– 0	–	$	30,503,384
Short-Term Investments		868,840		– 0	–		– 0	–		868,840
Total*	$	31,372,224	$	– 0	–	$	– 0	–	$	31,372,224

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2025 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 94.7%
Funds and Investment Trusts - 94.7% (a)
AB All Market Growth Portfolio - Class Z		99,681	$	848,289
AB All Market Real Return Portfolio - Class Z		104,721		849,285
AB Concentrated Growth Portfolio - Class Z (b)		29,014		825,170
AB Discovery Growth Fund, Inc. - Class Z (b)		44,924		420,492
AB Discovery Value Fund - Class Z		21,141		417,113
AB Global Bond Fund, Inc. - Class Z		203,476		1,699,022
AB Global Real Estate Investment Fund II - Class I		158,581		1,685,713
AB Growth and Income Fund, Inc. - Class Z		515,486		2,948,580
AB High Income Fund, Inc. - Class Z		400,532		3,408,529
AB Intermediate Bond Portfolio - Class Z		76,754		850,436
AB Unconstrained Bond Fund, Inc. - Class Z		48,688		411,410
AQR Large Cap Defensive Style Fund - Class R6		163,671		2,530,347
AQR Long-Short Equity Fund - Class R6		99,376		1,257,106
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		69,157		408,715
AQR Small Cap Momentum Style Fund - Class R6		20,885		418,753
AQR Style Premia Alternative Fund - Class R6		78,619		831,002
Franklin Growth Fund - Class R6		21,618		1,676,271
iShares Core S&P 500 ETF		13,129		2,744,617
MFS Institutional International Equity Fund		58,612		1,269,547
MFS New Discovery Fund - Class R5 (b)		16,835		419,035
MFS Value Fund - Class R5		48,189		1,687,580
T. Rowe Price Dividend Growth Fund, Inc.		69,029		2,531,969
T. Rowe Price Emerging Markets Stock Fund		34,784		1,042,131
T. Rowe Price Inflation Protected Bond Fund, Inc.		72,004		850,370
T. Rowe Price Institutional Long Duration Credit Fund		84,899		852,382
T. Rowe Price International Funds - International Discovery Fund		15,281		849,619
Templeton Global Bond Fund - Class R6		216,775		2,540,597
Vanguard FTSE Developed Markets ETF		46,068		1,752,427
Vanguard FTSE Emerging Markets ETF		17,627		614,125
Vanguard Mid-Cap ETF		3,276		405,045
Vanguard Total Bond Market ETF		15,592		1,275,270
Total Investment Companies (cost $40,100,608)				40,320,947
SHORT-TERM INVESTMENTS - 4.0%
Investment Companies - 4.0%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $1,693,441)		1,693,441		1,693,441
Total Investments - 98.7% (cost $41,794,049) (d)				42,014,388
Other assets less liabilities - 1.3%				533,621
Net Assets - 100.0%			$	42,548,009

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $422,736 and gross unrealized depreciation of investments was $(202,397), resulting in net unrealized appreciation of $220,339.

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2025 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	40,320,947	$	– 0	–	$	– 0	–	$	40,320,947
Short-Term Investments		1,693,441		– 0	–		– 0	–		1,693,441
Total*	$	42,014,388	$	– 0	–	$	– 0	–	$	42,014,388

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2030 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 94.2%
Funds and Investment Trusts - 94.2% (a)
AB All Market Growth Portfolio - Class Z		80,417	$	684,352
AB All Market Real Return Portfolio - Class Z		42,240		342,569
AB Concentrated Growth Portfolio - Class Z (b)		23,887		679,351
AB Discovery Growth Fund, Inc. - Class Z (b)		35,448		331,795
AB Discovery Value Fund - Class Z		34,669		684,025
AB Global Bond Fund, Inc. - Class Z		164,159		1,370,731
AB Global Real Estate Investment Fund II - Class I		127,957		1,360,187
AB Growth and Income Fund, Inc. - Class Z		534,800		3,059,055
AB High Income Fund, Inc. - Class Z		242,387		2,062,717
AB Intermediate Bond Portfolio - Class Z		61,923		686,103
AB Unconstrained Bond Fund, Inc. - Class Z		40,601		343,077
AQR Large Cap Defensive Style Fund - Class R6		132,063		2,041,686
AQR Long-Short Equity Fund - Class R6		107,872		1,364,583
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		57,898		342,178
AQR Small Cap Momentum Style Fund - Class R6		17,012		341,082
AQR Style Premia Alternative Fund - Class R6		32,290		341,307
Franklin Growth Fund - Class R6		17,622		1,366,398
iShares Core S&P 500 ETF		8,962		1,873,506
MFS Institutional International Equity Fund		63,051		1,365,692
MFS New Discovery Fund - Class R5 (b)		27,506		684,635
MFS Value Fund - Class R5		77,762		2,723,209
T. Rowe Price Dividend Growth Fund, Inc.		46,414		1,702,453
T. Rowe Price Emerging Markets Stock Fund		39,515		1,183,855
T. Rowe Price International Funds - International Discovery Fund		12,329		685,489
Templeton Global Bond Fund - Class R6		116,594		1,366,480
Vanguard FTSE Developed Markets ETF		36,799		1,399,834
Vanguard FTSE Emerging Markets ETF		14,221		495,460
Vanguard Mid-Cap ETF		5,402		667,903
Vanguard Total Bond Market ETF		12,579		1,028,836
Total Investment Companies (cost $32,311,350)				32,578,548
SHORT-TERM INVESTMENTS - 5.0%
Investment Companies - 5.0%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $1,710,485)		1,710,485		1,710,485
Total Investments - 99.2% (cost $34,021,835) (d)				34,289,033
Other assets less liabilities - 0.8%				293,128
Net Assets - 100.0%			$	34,582,161

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $404,795 and gross unrealized depreciation of investments was $(137,597), resulting in net unrealized appreciation of $267,198.

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2030 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	32,578,548	$	– 0	–	$	– 0	–	$	32,578,548
Short-Term Investments		1,710,485		– 0	–		– 0	–		1,710,485
Total*	$	34,289,033	$	– 0	–	$	– 0	–	$	34,289,033

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2035 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 94.0%
Funds and Investment Trusts - 94.0% (a)
AB All Market Growth Portfolio - Class Z		95,529	$	812,949
AB All Market Real Return Portfolio - Class Z		1,373		11,133
AB Concentrated Growth Portfolio - Class Z (b)		37,826		1,075,763
AB Discovery Value Fund - Class Z		41,189		812,664
AB Global Bond Fund, Inc. - Class Z		31,130		259,938
AB Global Real Estate Investment Fund II - Class I		75,986		807,732
AB Growth and Income Fund, Inc. - Class Z		658,683		3,767,666
AB High Income Fund, Inc. - Class Z		127,955		1,088,901
AB Intermediate Bond Portfolio - Class Z		49,039		543,350
AQR Large Cap Defensive Style Fund - Class R6		87,140		1,347,182
AQR Long-Short Equity Fund - Class R6		85,421		1,080,578
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		43,878		259,321
AQR Small Cap Momentum Style Fund - Class R6		26,818		537,701
Franklin Growth Fund - Class R6		17,291		1,340,708
iShares Core S&P 500 ETF		5,764		1,204,964
MFS Institutional International Equity Fund		49,460		1,071,309
MFS New Discovery Fund - Class R5 (b)		21,711		540,389
MFS Value Fund - Class R5		69,268		2,425,783
T. Rowe Price Dividend Growth Fund, Inc.		29,113		1,067,853
T. Rowe Price Emerging Markets Stock Fund		31,296		937,623
T. Rowe Price International Funds - International Discovery Fund		14,645		814,281
Templeton Global Bond Fund - Class R6		69,248		811,585
Vanguard FTSE Developed Markets ETF		36,537		1,389,868
Vanguard FTSE Emerging Markets ETF		19,029		662,970
Vanguard Mid-Cap ETF		4,181		516,939
Vanguard Total Bond Market ETF		6,641		543,167
Total Investment Companies (cost $25,516,607)				25,732,317
SHORT-TERM INVESTMENTS - 4.5%
Investment Companies - 4.5%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $1,220,621)		1,220,621		1,220,621
Total Investments - 98.5% (cost $26,737,228) (d)				26,952,938
Other assets less liabilities - 1.5%				418,613
Net Assets - 100.0%			$	27,371,551

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $349,876 and gross unrealized depreciation of investments was $(134,166), resulting in net unrealized appreciation of $215,710.

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2035 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	25,732,317	$	– 0	–	$	– 0	–	$	25,732,317
Short-Term Investments		1,220,621		– 0	–		– 0	–		1,220,621
Total*	$	26,952,938	$	– 0	–	$	– 0	–	$	26,952,938

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2040 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 95.5%
Funds and Investment Trusts - 95.5% (a)
AB All Market Growth Portfolio - Class Z		81,280	$	691,689
AB All Market Real Return Portfolio - Class Z		1,029		8,342
AB Concentrated Growth Portfolio - Class Z (b)		48,306		1,373,834
AB Discovery Value Fund - Class Z		35,042		691,383
AB Global Real Estate Investment Fund II - Class I		43,124		458,409
AB Growth and Income Fund, Inc. - Class Z		640,895		3,665,917
AB High Income Fund, Inc. - Class Z		54,375		462,732
AB Intermediate Bond Portfolio - Class Z		41,713		462,184
AQR Large Cap Defensive Style Fund - Class R6		44,507		688,079
AQR Long-Short Equity Fund - Class R6		72,697		919,622
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		29,260		172,924
AQR Small Cap Momentum Style Fund - Class R6		22,928		459,711
Franklin Growth Fund - Class R6		17,812		1,381,148
iShares Core S&P 500 ETF		4,941		1,032,916
MFS Institutional International Equity Fund		53,112		1,150,412
MFS New Discovery Fund - Class R5 (b)		27,800		691,940
MFS Value Fund - Class R5		78,621		2,753,302
T. Rowe Price Dividend Growth Fund, Inc.		18,771		688,507
T. Rowe Price Emerging Markets Stock Fund		26,622		797,585
T. Rowe Price International Funds - International Discovery Fund		12,459		692,740
Templeton Global Bond Fund - Class R6		19,643		230,219
Vanguard FTSE Developed Markets ETF		30,615		1,164,595
Vanguard FTSE Emerging Markets ETF		22,799		794,317
Vanguard Mid-Cap ETF		1,558		192,631
Vanguard Total Bond Market ETF		5,651		462,195
Total Investment Companies (cost $22,172,545)				22,087,333
SHORT-TERM INVESTMENTS - 7.8%
Investment Companies - 7.8%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $1,810,545)		1,810,545		1,810,545
Total Investments - 103.3% (cost $23,983,090) (d)				23,897,878
Other assets less liabilities - (3.3)%				(760,525	)
Net Assets - 100.0%			$	23,137,353

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $155,879 and gross unrealized depreciation of investments was $(241,091), resulting in net unrealized depreciation of $(85,212).

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2040 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	22,087,333	$	– 0	–	$	– 0	–	$	22,087,333
Short-Term Investments		1,810,545		– 0	–		– 0	–		1,810,545
Total*	$	23,897,878	$	– 0	–	$	– 0	–	$	23,897,878

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2045 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 95.5%
Funds and Investment Trusts - 95.5% (a)
AB All Market Growth Portfolio - Class Z		50,950	$	433,581
AB All Market Real Return Portfolio - Class Z		720		5,838
AB Concentrated Growth Portfolio - Class Z (b)		30,265		860,734
AB Discovery Value Fund - Class Z		29,287		577,827
AB Global Real Estate Investment Fund II - Class I		27,021		287,229
AB Growth and Income Fund, Inc. - Class Z		401,554		2,296,887
AB High Income Fund, Inc. - Class Z		16,542		140,769
AB Intermediate Bond Portfolio - Class Z		26,154		289,791
AQR Large Cap Defensive Style Fund - Class R6		8,995		139,067
AQR Long-Short Equity Fund - Class R6		45,560		576,339
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		12,228		72,267
AQR Small Cap Momentum Style Fund - Class R6		14,369		288,096
Franklin Growth Fund - Class R6		11,164		865,692
iShares Core S&P 500 ETF		3,149		658,299
MFS Institutional International Equity Fund		39,945		865,217
MFS New Discovery Fund - Class R5 (b)		17,427		433,761
MFS Value Fund - Class R5		57,476		2,012,813
T. Rowe Price Dividend Growth Fund, Inc.		7,842		287,641
T. Rowe Price Emerging Markets Stock Fund		16,691		500,064
T. Rowe Price International Funds - International Discovery Fund		10,414		579,012
Templeton Global Bond Fund - Class R6		12,312		144,303
Vanguard FTSE Developed Markets ETF		19,152		728,542
Vanguard FTSE Emerging Markets ETF		14,188		494,310
Vanguard Mid-Cap ETF		993		122,775
Vanguard Total Bond Market ETF		3,618		295,916
Total Investment Companies (cost $13,942,895)				13,956,770
SHORT-TERM INVESTMENTS - 8.4%
Investment Companies - 8.4%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $1,219,763)		1,219,763		1,219,763
Total Investments - 103.9% (cost $15,162,658) (d)				15,176,533
Other assets less liabilities - (3.9)%				(564,155	)
Net Assets - 100.0%			$	14,612,378

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $133,214 and gross unrealized depreciation of investments was $(119,339), resulting in net unrealized appreciation of $13,875.

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2045 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	13,956,770	$	– 0	–	$	– 0	–	$	13,956,770
Short-Term Investments		1,219,763		– 0	–		– 0	–		1,219,763
Total*	$	15,176,533	$	– 0	–	$	– 0	–	$	15,176,533

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2050 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 95.2%
Funds and Investment Trusts - 95.2% (a)
AB All Market Growth Portfolio - Class Z		29,000	$	246,789
AB All Market Real Return Portfolio - Class Z		269		2,185
AB Concentrated Growth Portfolio - Class Z (b)		10,770		306,309
AB Discovery Value Fund - Class Z		12,503		246,684
AB Global Real Estate Investment Fund II - Class I		11,538		122,644
AB Growth and Income Fund, Inc. - Class Z		171,458		980,742
AB High Income Fund, Inc. - Class Z		7,280		61,954
AB Intermediate Bond Portfolio - Class Z		11,164		123,699
AQR Long-Short Equity Fund - Class R6		14,589		184,549
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		5,232		30,921
AQR Small Cap Momentum Style Fund - Class R6		6,135		123,004
Franklin Growth Fund - Class R6		6,355		492,758
iShares Core S&P 500 ETF		1,323		276,573
MFS Institutional International Equity Fund		17,054		369,382
MFS New Discovery Fund - Class R5 (b)		7,441		185,201
MFS Value Fund - Class R5		24,541		859,416
T. Rowe Price Emerging Markets Stock Fund		11,255		337,184
T. Rowe Price International Funds - International Discovery Fund		4,445		247,159
Templeton Global Bond Fund - Class R6		5,256		61,604
Vanguard FTSE Developed Markets ETF		8,245		313,640
Vanguard FTSE Emerging Markets ETF		6,101		212,559
Vanguard Mid-Cap ETF		452		55,885
Vanguard Total Bond Market ETF		1,512		123,666
Total Investment Companies (cost $5,985,686)				5,964,507
SHORT-TERM INVESTMENTS - 4.9%
Investment Companies - 4.9%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $308,704)		308,704		308,704
Total Investments - 100.1% (cost $6,294,390) (d)				6,273,211
Other assets less liabilities - (0.1)%				(6,481	)
Net Assets - 100.0%			$	6,266,730

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $45,995 and gross unrealized depreciation of investments was $(67,174), resulting in net unrealized depreciation of $(21,179).

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2050 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	5,964,507	$	– 0	–	$	– 0	–	$	5,964,507
Short-Term Investments		308,704		– 0	–		– 0	–		308,704
Total*	$	6,273,211	$	– 0	–	$	– 0	–	$	6,273,211

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Multi-Manager Select 2055 Fund

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
INVESTMENT COMPANIES - 94.5%
Funds and Investment Trusts - 94.5% (a)
AB All Market Growth Portfolio - Class Z		31,364	$	266,907
AB All Market Real Return Portfolio - Class Z		389		3,152
AB Concentrated Growth Portfolio - Class Z (b)		11,708		332,979
AB Discovery Value Fund - Class Z		13,651		269,342
AB Global Real Estate Investment Fund II - Class I		12,554		133,445
AB Growth and Income Fund, Inc. - Class Z		187,242		1,071,025
AB High Income Fund, Inc. - Class Z		7,695		65,480
AB Intermediate Bond Portfolio - Class Z		12,141		134,524
AQR Long-Short Equity Fund - Class R6		15,932		201,544
AQR Risk-Balanced Commodities Strategy LV Fund - Class R6 (b)		5,467		32,310
AQR Small Cap Momentum Style Fund - Class R6		6,579		131,903
Franklin Growth Fund - Class R6		6,933		537,614
iShares Core S&P 500 ETF		1,443		301,659
MFS Institutional International Equity Fund		18,688		404,785
MFS New Discovery Fund - Class R5 (b)		8,092		201,417
MFS Value Fund - Class R5		26,731		936,131
T. Rowe Price Emerging Markets Stock Fund		12,299		368,459
T. Rowe Price International Funds - International Discovery Fund		4,837		268,951
Templeton Global Bond Fund - Class R6		5,556		65,111
Vanguard FTSE Developed Markets ETF		8,709		331,290
Vanguard FTSE Emerging Markets ETF		6,586		229,456
Vanguard Mid-Cap ETF		484		59,842
Vanguard Total Bond Market ETF		1,645		134,544
Total Investment Companies (cost $6,499,253)				6,481,870
SHORT-TERM INVESTMENTS - 4.4%
Investment Companies - 4.4%
AB Fixed Income Shares, Inc. - Government STIF Portfolio, 0.13% (a)(c) (cost $301,908)		301,908		301,908
Total Investments - 98.9% (cost $6,801,161) (d)				6,783,778
Other assets less liabilities - 1.1%				72,745
Net Assets - 100.0%			$	6,856,523

(a) To obtain a copy of the Underlying Portfolios’ shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

(b) Non-income producing security.

(c) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(d) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $47,901 and gross unrealized depreciation of investments was $(65,284), resulting in net unrealized depreciation of $(17,383).

Glossary:

ETF	-	Exchange Traded Fund
FTSE	-	Financial Times Stock Exchange

AB Multi-Manager Select 2055 Fund

October 31, 2015 (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 following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Underlying Portfolios:	Level 1		Level 2			Level 3			Total
Assets:
Investment Companies	$	6,481,870	$	– 0	–	$	– 0	–	$	6,481,870
Short-Term Investments		301,908		– 0	–		– 0	–		301,908
Total*	$	6,783,778	$	– 0	–	$	– 0	–	$	6,783,778

* There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

AB Cap Fund, Inc. - AB Small Cap Growth Portfolio

Portfolio of Investments

October 31, 2015 (unaudited)

Company	Shares		U.S. $ Value
COMMON STOCKS - 99.1%
Information Technology - 29.0%
Communications Equipment - 1.6%
Ciena Corp. (a)		891,366	$	21,517,575
Electronic Equipment, Instruments & Components - 0.3%
Zebra Technologies Corp.-Class A (a)		51,648		3,971,731
Internet Software & Services - 4.4%
Cimpress NV (a)(b)		178,868		14,112,685
CoStar Group, Inc. (a)		102,338		20,781,778
Demandware, Inc. (a)(b)		155,523		8,818,154
GrubHub, Inc. (a)(b)		116,883		2,802,854
HomeAway, Inc. (a)		376,506		11,882,530
Pandora Media, Inc. (a)		627		7,217
				58,405,218
IT Services - 2.0%
Heartland Payment Systems, Inc.		241,003		17,834,222
VeriFone Systems, Inc. (a)		289,984		8,740,118
				26,574,340
Semiconductors & Semiconductor Equipment - 5.1%
Cavium, Inc. (a)		245,217		17,398,146
Mellanox Technologies Ltd. (a)		142,343		6,705,779
Monolithic Power Systems, Inc.		239,919		14,975,744
Silicon Laboratories, Inc. (a)		286,292		14,306,011
Synaptics, Inc. (a)		160,136		13,625,972
				67,011,652
Software - 15.6%
Aspen Technology, Inc. (a)		186,336		7,712,447
Blackbaud, Inc.		263,820		16,538,876
Fortinet, Inc. (a)		347,119		11,927,009
Guidewire Software, Inc. (a)		358,207		20,858,394
HubSpot, Inc. (a)		392,115		20,342,926
Infoblox, Inc. (a)		863,128		14,077,618
Proofpoint, Inc. (a)		272,205		19,174,120
Qlik Technologies, Inc. (a)		517,083		16,220,894
RingCentral, Inc.-Class A (a)		528,770		9,782,245
SolarWinds, Inc. (a)		145,814		8,461,586
SS&C Technologies Holdings, Inc.		218,631		16,211,489
Tableau Software, Inc.-Class A (a)		152,216		12,780,055
Take-Two Interactive Software, Inc. (a)		495,775		16,459,730
Ultimate Software Group, Inc. (The) (a)		77,729		15,883,921
				206,431,310
				383,911,826
Health Care - 24.2%
Biotechnology - 8.3%
ACADIA Pharmaceuticals, Inc. (a)		224,764		7,826,282

Company	Shares		U.S. $ Value
Aimmune Therapeutics, Inc. (a)(b)		246,246	$	3,706,002
Alder Biopharmaceuticals, Inc. (a)		214,711		6,866,458
Amicus Therapeutics, Inc. (a)(b)		658,949		4,942,117
Anacor Pharmaceuticals, Inc. (a)		125,613		14,120,157
Chiasma, Inc. (a)(b)		230,453		5,240,501
DBV Technologies SA (Sponsored ADR) (a)		133,224		4,618,876
Dyax Corp. (a)		502,737		13,840,350
Heron Therapeutics, Inc. (a)(b)		199,795		5,478,379
Isis Pharmaceuticals, Inc. (a)		95,345		4,590,862
Otonomy, Inc. (a)		234,829		5,081,700
PTC Therapeutics, Inc. (a)(b)		194,795		4,844,552
Sage Therapeutics, Inc. (a)		135,543		6,808,325
TESARO, Inc. (a)		155,228		7,058,217
Ultragenyx Pharmaceutical, Inc. (a)		118,266		11,749,727
Xencor, Inc. (a)(b)		345,983		3,746,996
				110,519,501
Health Care Equipment & Supplies - 7.1%
Align Technology, Inc. (a)		255,642		16,734,325
DexCom, Inc. (a)		198,701		16,555,767
Glaukos Corp. (a)(b)		237,408		4,757,656
K2M Group Holdings, Inc. (a)		763,530		13,934,422
LDR Holding Corp. (a)		242,789		6,142,562
Neovasc, Inc. (a)		811,562		4,536,632
Nevro Corp. (a)		324,675		13,237,000
Penumbra, Inc. (a)(b)		117,787		4,361,653
Sirona Dental Systems, Inc. (a)		127,251		13,886,902
				94,146,919
Health Care Providers & Services - 6.0%
Acadia Healthcare Co., Inc. (a)		250,460		15,380,749
Amsurg Corp. (a)		175,769		12,319,649
Diplomat Pharmacy, Inc. (a)(b)		447,078		12,567,363
Premier, Inc.-Class A (a)		407,485		13,777,068
Team Health Holdings, Inc. (a)		418,035		24,944,148
				78,988,977
Life Sciences Tools & Services - 1.1%
ICON PLC (a)		226,852		14,489,037
Pharmaceuticals - 1.7%
Aerie Pharmaceuticals, Inc. (a)(b)		145,475		3,318,285
Akorn, Inc. (a)		128,198		3,428,014
Aratana Therapeutics, Inc. (a)(b)		460,832		3,221,216
Flamel Technologies SA (Sponsored ADR) (a)		304,742		4,991,674
GW Pharmaceuticals PLC (ADR) (a)(b)		52,180		4,126,916

Company	Shares		U.S. $ Value
Medicines Co. (The) (a)		108,708	$	3,722,162
				22,808,267
				320,952,701
Consumer Discretionary - 17.3%
Distributors - 2.1%
Pool Corp.		345,818		28,198,000
Diversified Consumer Services - 3.3%
2U, Inc. (a)(b)		668,402		14,023,074
Bright Horizons Family Solutions, Inc. (a)		353,155		22,608,983
Capella Education Co.		148,764		6,716,695
				43,348,752
Hotels, Restaurants & Leisure - 5.4%
Buffalo Wild Wings, Inc. (a)		100,514		15,506,295
Dave & Buster’s Entertainment, Inc. (a)		245,610		9,475,634
Diamond Resorts International, Inc. (a)(b)		805,025		22,894,911
Planet Fitness, Inc. (a)(b)		722,618		11,807,578
Zoe’s Kitchen, Inc. (a)(b)		357,541		12,310,136
				71,994,554
Household Durables - 1.7%
Honest Co. (The) (c)(d)		29,639		1,132,634
Tempur Sealy International, Inc. (a)		272,248		21,191,784
				22,324,418
Media - 1.2%
National CineMedia, Inc.		1,080,612		15,344,690
Multiline Retail - 0.7%
Ollie’s Bargain Outlet Holdings, Inc. (a)(b)		608,415		9,643,378
Specialty Retail - 2.9%
Five Below, Inc. (a)		496,003		17,032,743
Lithia Motors, Inc.-Class A		184,252		21,629,342
				38,662,085
				229,515,877
Industrials - 14.9%
Aerospace & Defense - 1.7%
Hexcel Corp.		470,255		21,782,212
Construction & Engineering - 1.8%
Dycom Industries, Inc. (a)		314,014		23,893,325
Industrial Conglomerates - 1.5%
Carlisle Cos., Inc.		231,523		20,142,501
Machinery - 5.6%
IDEX Corp.		260,721		20,012,944
Lincoln Electric Holdings, Inc.		272,273		16,284,648
Middleby Corp. (The) (a)		149,837		17,521,939
RBC Bearings, Inc. (a)		190,799		13,048,744

Company	Shares		U.S. $ Value
Valmont Industries, Inc.		72,730	$	7,886,841
				74,755,116
Marine - 1.3%
Kirby Corp. (a)		263,303		17,191,053
Road & Rail - 1.1%
Genesee & Wyoming, Inc.-Class A (a)		213,993		14,358,930
Trading Companies & Distributors - 1.9%
H&E Equipment Services, Inc.		785,702		15,171,906
United Rentals, Inc. (a)		132,504		9,919,249
				25,091,155
				197,214,292
Financials - 7.1%
Banks - 5.5%
IBERIABANK Corp.		160,259		9,716,503
PrivateBancorp, Inc.		315,418		13,193,935
Signature Bank/New York NY (a)		118,526		17,650,892
SVB Financial Group (a)		138,299		16,882,159
Western Alliance Bancorp (a)		425,193		15,200,650
				72,644,139
Capital Markets - 1.6%
Houlihan Lokey, Inc. (a)		400,733		8,780,060
Stifel Financial Corp. (a)		279,127		12,401,612
				21,181,672
				93,825,811
Materials - 2.8%
Chemicals - 1.8%
PolyOne Corp.		710,865		23,771,325
Construction Materials - 1.0%
Summit Materials, Inc.-Class A (a)		663,015		13,963,096
				37,734,421
Energy - 2.5%
Energy Equipment & Services - 1.5%
Dril-Quip, Inc. (a)		164,984		10,156,415
Oil States International, Inc. (a)		339,668		10,193,437
				20,349,852
Oil, Gas & Consumable Fuels - 1.0%
Matador Resources Co. (a)		489,255		12,578,746
				32,928,598
Consumer Staples - 1.3%
Food & Staples Retailing - 0.6%
Chefs’ Warehouse, Inc. (The) (a)(b)		538,289		8,155,079

Company	Shares		U.S. $ Value
Food Products - 0.7%
Freshpet, Inc. (a)(b)		954,029	$	9,301,783
				17,456,862
Total Common Stocks (cost $1,123,268,622)				1,313,540,388
SHORT-TERM INVESTMENTS - 1.9%
Investment Companies - 1.9%
AB Fixed Income Shares, Inc.-Government STIF Portfolio, 0.13% (e)(f) (cost $25,305,010)		25,305,010		25,305,010
Total Investments Before Security Lending Collateral for Securities Loaned - 101.0% (cost $1,148,573,632)				1,338,845,398
INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED - 8.9%
Investment Companies - 8.9%
AB Exchange Reserves-Class I, 0.14% (e)(f) (cost $117,621,049)		117,621,049		117,621,049
Total Investments - 109.9% (cost $1,266,194,681) (g)				1,456,466,447
Other assets less liabilities - (9.9)%				(131,656,028	)
Net Assets - 100.0%			$	1,324,810,419

(a) Non-income producing security.

(b) Represents entire or partial securities out on loan.

(c) Illiquid security.

(d) Fair valued by the Adviser.

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

(f) Investment in affiliated money market mutual fund. The rate shown represents the 7-day yield as of period end.

(g) As of October 31, 2015, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $259,650,699 and gross unrealized depreciation of investments was $(69,378,933), resulting in net unrealized appreciation of $190,271,766.

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard & Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the broad market.

Glossary:

ADR - American Depositary Receipt

AB Cap Fund, Inc. - AB Small Cap Growth Portfolio

October 31, 2015 (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)

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.

The following table summarizes the valuation of the Fund’s investments by the above fair value hierarchy levels as of October 31, 2015:

Investments in Securities:

Level 1

Level 2

Level 3

Total

Assets:

Common Stocks:

Information Technology

$

383,911,826

$

– 0

–

$

– 0

–

$

383,911,826

Health Care

320,952,701

– 0

–

– 0

–

320,952,701

Consumer Discretionary

228,383,243

– 0

–

1,132,634

229,515,877

Industrials

197,214,292

– 0

–

– 0

–

197,214,292

Financials

93,825,811

– 0

–

– 0

–

93,825,811

Materials

37,734,421

– 0

–

– 0

–

37,734,421

Energy

32,928,598

– 0

–

– 0

–

32,928,598

Consumer Staples

17,456,862

– 0

–

– 0

–

17,456,862

Short-Term Investments

25,305,010

– 0

–

– 0

–

25,305,010

Investments of Cash Collateral for Securities Loaned in Affiliated Money Market Fund

117,621,049

– 0

–

– 0

–

117,621,049

Total Investments in Securities

1,455,333,813

– 0

–

1,132,634

1,456,466,447

Other Financial Instruments*

– 0

–

– 0

–

– 0

–

– 0

–

Total+

$

1,455,333,813

$

– 0

–

$

1,132,634

$

1,456,466,447

* Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation/depreciation on the instrument.

+ There were no transfers between any levels during the reporting period.

The Fund recognizes all transfers between levels of the fair value hierarchy assuming the financial instruments were transferred at the beginning of the reporting period.

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value.

	Common Stocks			Total
Balance as of 7/31/15	$	– 0	–	$	– 0	–
Accrued discounts/(premiums)		– 0	–		– 0	–
Realized gain (loss)		– 0	–		– 0	–
Change in unrealized appreciation/depreciation		(223,498	)		(223,498	)
Purchases		1,356,132			1,356,132
Sales		– 0	–		– 0	–
Transfers in to Level 3		– 0	–		– 0	–
Transfers out of Level 3		– 0	–		– 0	–
Balance as of 10/31/15	$	1,132,634		$	1,132,634
Net change in unrealized appreciation/depreciation from investments held as of 10/31/15	$	(223,498	)	$	(223,498	)

The Adviser established the Valuation Committee (the “Committee”) to oversee the pricing and valuation of all securities held in the Fund. The Committee operates under pricing and valuation policies and procedures established by the Adviser and approved by the Board, including pricing policies which set forth the mechanisms and processes to be employed on a daily basis to implement these policies and procedures. In particular, the pricing policies describe how to determine market quotations for securities and other instruments. The Committee’s responsibilities include: 1) fair value and liquidity determinations (and oversight of any third parties to whom any responsibility for fair value and liquidity determinations is delegated), and 2) regular monitoring of the Adviser’s pricing and valuation policies and procedures and modification or enhancement of these policies and procedures (or recommendation of the modification of these policies and procedures) as the Committee believes appropriate.

The Committee is also responsible for monitoring the implementation of the pricing policies by the Adviser’s Pricing Group (the “Pricing Group”) and a third party which performs certain pricing functions in accordance with the pricing policies. The Pricing Group is responsible for the oversight of the third party on a day-to-day basis. The Committee and the Pricing Group perform a series of activities to provide reasonable assurance of the accuracy of prices including: 1) periodic vendor due diligence meetings, review of methodologies, new developments and process at vendors, 2) daily compare of security valuation versus prior day for all securities that exceeded established thresholds, and 3) daily review of unpriced, stale, and variance reports with exceptions reviewed by senior management and the Committee.

In addition, several processes outside of the pricing process are used to monitor valuation issues including: 1) performance and performance attribution reports are monitored for anomalous impacts based upon benchmark performance, and 2) portfolio managers review all portfolios for performance and analytics (which are generated using the Adviser’s prices).

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 significant changes in the registrant’s internal control over financial reporting that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

ITEM 3. EXHIBITS.

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

EXHIBIT NO.	DESCRIPTION OF EXHIBIT
11 (a) (1)	Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
11 (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): AB Cap Fund, Inc.

By:	/s/     Robert M. Keith
	Robert M. Keith
	President
Date:	December 21, 2015

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/     Robert M. Keith
	Robert M. Keith
	President
Date:	December 21, 2015
By:	/s/     Joseph J. Mantineo
	Joseph J. Mantineo
	Treasurer and Chief Financial Officer
Date:	December 21, 2015