AllianceBernstein High Income Fund

Fund Holdings

Asset Allocation

% Long % Net
Cash 14.55 14.55
Stocks 0.0 0.0
Bonds 50.14 50.14
Other 3.89 3.89
Foreign Bonds 28.15 28.15
Foreign Stocks 0.13 0.13
Convertible 0.19 0.19
Preferred 2.94 2.94

Updated 05.31.2014

Top 10 Holdings

Performance as of 06.30.2014

Portfolio as of 05.31.2014

% Net Assets
Brazil(Fed Rep Of) 10% 1.1
Ivory Coast Republic 2.5% 0.62
Mt. Logan Re Ltd. (Preference Shares) 0.4
Magnetation Llc/ Mag Fin 144A 11% 0.38
Laureate Educ 144A 9.25% 0.31
Iasis Cap Llc / Iasis Cap 8.375% 0.31
Travelport Llc (Fka Travelport, Inc.) 9.50% 0.29
Dubai Hold Comm Op 6% 0.28
Pra Merger Sub 144A 9.5% 0.28
Care Uk Health 9.75% 0.28

Bond Ratings (%)

Updated 05.31.2014

Sector AGDZX
AAA 9.48
AA 0.41
A 1.81
BBB 13.27
BB 23.47
B 29.42
Below B 15.47
Other 6.67