NPORT-EX 2 64SH.htm HTML

AB Multi-Manager Select 2030 Fund

Portfolio of Investments

October 31, 2019 (unaudited)

 

Company

    Shares        U.S. $ Value  

INVESTMENT COMPANIES - 100.1%

        

Funds and Investment Trusts - 100.1% (a)

        

AB All Market Real Return Portfolio-Class Z (b)

      331,260        $ 2,842,215  

AB Bond Inflation Strategy Portfolio-Class Z (b)

      130,016          1,404,173  

AB Discovery Growth Fund, Inc.-Class Z (b)

      248,429          2,794,829  

AB Discovery Value Fund-Class Z (b)

      217,079          4,217,852  

AB Global Bond Fund, Inc.-Class Z (b)

      1,118,440          9,652,139  

AB Global Real Estate Investment Fund II-Class I (b)

      351,517          4,351,775  

AB High Income Fund, Inc.-Class Z (b)

      1,394,798          11,437,345  

AB Relative Value Fund-Class Z (b)

      1,249,628          7,210,355  

AB Unconstrained Bond Fund, Inc.-Class Z (b)

      181,077          1,414,213  

AQR International Defensive Style Fund-Class R6

      427,743          5,757,414  

AQR Style Premia Alternative Fund-Class R6

      163,451          1,400,771  

BlackRock Total Return Bond Fund-Class K

      235,025          2,810,900  

Boston Partners Long/Short Research Fund-Class INS

      545,464          8,531,060  

DFA Commodity Strategy Portfolio

      1,035,514          5,653,909  

Franklin Growth Fund-Class R6

      12,253          1,367,301  

iShares Core S&P 500 ETF

      92,084          28,082,857  

MFS Institutional International Equity Fund

      106,012          2,893,060  

PIMCO Real Return Fund

      376,481          4,209,057  

Schwab US Dividend Equity ETF

      206,076          11,441,339  

T. Rowe Price Emerging Markets Stock Fund-Class I

      65,898          2,895,556  

T. Rowe Price International Funds-International Discovery Fund-Class I

      22,322          1,454,700  

Vanguard FTSE Developed Markets ETF

      271,590          11,515,416  

Vanguard FTSE Emerging Markets ETF

      68,319          2,859,150  

Vanguard Short-Term Bond ETF (c)

      26,602          2,153,964  

Vanguard Total Bond Market ETF

      49,820          4,210,288  
       

 

 

  

Total Investment Companies
(cost $138,184,963)

           142,561,638  
       

 

 

  

SHORT-TERM INVESTMENTS - 0.9%

 

Investment Companies - 0.9%

 

AB Fixed Income Shares, Inc.-Government Money Market Portfolio-Class AB,
1.78% (a)(b)(d)
(cost $1,274,365)

      1,274,365          1,274,365  
       

 

 

  

Total Investments Before Security Lending Collateral - 101.0%
(cost $139,459,328)

 

        143,836,003  
       

 

 

  

INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED - 0.1%

 

Investment Companies - 0.1%

 

AB Fixed Income Shares, Inc.-Government Money Market Portfolio-Class AB,
1.78% (a)(b)(d)
(cost $66,000)

      66,000          66,000  
       

 

 

  

Total Investments - 101.1%
(cost $139,525,328) (e)

         $   143,902,003  

Other assets less liabilities - (1.1)%

           (1,509,965 ) 
       

 

 

  

Net Assets - 100.0%

         $ 142,392,038  
       

 

 

  

 

(a)

To obtain a copy of the fund’s 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)

Affiliated investments.

(c)

Represents entire or partial securities out on loan.

(d)

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

(e)

As of October 31, 2019, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $5,885,053 and gross unrealized depreciation of investments was $(1,508,378), resulting in net unrealized appreciation of $4,376,675.

Glossary:

 

ETF    -    Exchange Traded Fund
FTSE    -    Financial Times Stock Exchange

AB Cap Fund, Inc.

AB Multi-Manager Select 2030 Fund

October 31, 2019 (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, 2019:

 

Investments in Underlying Portfolios:

    Level 1      Level 2     Level 3     Total  

Assets:

 

Investment Companies

    $ 142,561,638      $             – 0  –    $             – 0  –    $ 142,561,638  

Short-Term Investments

      1,274,365        – 0  –      – 0  –      1,274,365  

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

      66,000        – 0  –     – 0  –      66,000  
  

 

 

     

 

 

    

 

 

    

 

 

  

Total

    $     143,902,003      $ – 0  –    $ – 0  –    $     143,902,003  
  

 

 

     

 

 

    

 

 

    

 

 

  

A summary of the Fund’s transactions in AB mutual funds for the three months ended October 31, 2019 is as follows:

 

       Distributions  

Affiliated Issuer

    Market
Value
7/31/19
(000)		     Purchases
at Cost
(000)		      Sales
Proceeds
(000)		     Realized
Gain
(Loss)
(000)		     Change in
Unrealized
Appr./
(Depr.)
(000)		     Market
Value
10/31/19
(000)		      Dividend
Income
(000)		     Realized
Gains
(000)		  

AB All Market Real Return Portfolio

    $ 2,705     $ 95      $ – 0  –    $ – 0  –    $ 42     $ 2,842      $ – 0  –    $ – 0  – 

AB Bond Inflation Strategy Portfolio

      1,372       68        34       1       (3 )      1,404        12       – 0  – 

AB Discovery Growth Fund, Inc.

      2,712       297        – 0  –      – 0  –      (214 )      2,795        – 0  –      – 0  – 

AB Discovery Value Fund

      4,090       224        97       (2 )      3       4,218        – 0  –      – 0  – 

AB Global Bond Fund, Inc.

      9,834       2,888        3,134       171       (107 )      9,652        53       – 0  – 

AB Global Real Estate Investment Fund II

      4,066       101        120       6       299       4,352        17       – 0  – 

AB High Income Fund, Inc.

      10,969       896        348       (5 )      (75 )      11,437        184       – 0  – 

AB Relative Value Fund

      8,208       380        1,610       (54 )      286       7,210        – 0  –      – 0  – 

AB Unconstrained Bond Fund, Inc.

      1,323       109        – 0  –      – 0  –      (18 )      1,414        11       – 0  – 

Government Money Market Portfolio

      478       13,787        12,991       – 0  –      – 0  –      1,274        4       – 0  – 

Government Money Market Portfolio*

      – 0  –      979        913       – 0  –      – 0  –      66        – 0  –**      – 0  – 
  

 

 

    

 

 

     

 

 

    

 

 

    

 

 

    

 

 

     

 

 

    

 

 

  

Total

    $   45,757     $   19,824      $   19,247     $   117     $ 213     $ 46,664      $ 281     $             – 0  – 
  

 

 

    

 

 

     

 

 

    

 

 

    

 

 

    

 

 

     

 

 

    

 

 

  

 

*

Investments of cash collateral for securities lending transactions.

**

Amount less than $500.