COMMON STOCKS – 61.8%

Information Technology – 21.6%

Communications Equipment – 1.1%

Cisco Systems, Inc.

Motorola Solutions, Inc.

Electronic Equipment, Instruments & Components – 0.5%

Amphenol Corp. - Class A

Semiconductors & Semiconductor Equipment – 11.4%

Applied Materials, Inc.

ASML Holding NV (REG)

Broadcom, Inc.

Intel Corp.^(a)

Micron Technology, Inc.

NVIDIA Corp.

NXP Semiconductors NV

Taiwan Semiconductor Manufacturing Co., Ltd. (Sponsored ADR)

Software – 4.6%

Microsoft Corp.

Oracle Corp.

Technology Hardware, Storage & Peripherals – 4.0%

Apple, Inc.

Seagate Technology Holdings PLC

Communication Services – 8.1%

Entertainment – 1.0%

Walt Disney Co. (The)

Interactive Media & Services – 6.5%

Alphabet, Inc. - Class C

Meta Platforms, Inc. - Class A

Reddit, Inc. - Class A^(a)

Wireless Telecommunication Services – 0.6%

T-Mobile US, Inc.

Financials – 7.9%

Banks – 2.1%

Bank of America Corp.

Fifth Third Bancorp

Wells Fargo & Co.

Capital Markets – 2.3%

Charles Schwab Corp. (The)

Goldman Sachs Group, Inc. (The)

S&P Global, Inc.

Consumer Finance – 0.6%

Capital One Financial Corp.

Financial Services – 1.8%

Visa, Inc. - Class A

Insurance – 1.1%

Everest Group Ltd.

Marsh & McLennan Cos., Inc.

Progressive Corp. (The)

Industrials – 6.4%

Aerospace & Defense – 1.7%

Airbus SE (ADR)

BAE Systems PLC (Sponsored ADR)

RTX Corp.

Building Products – 0.3%

Carrier Global Corp.

Commercial Services & Supplies – 0.5%

Veralto Corp.

Electrical Equipment – 1.9%

Eaton Corp. PLC

GE Vernova, Inc.

Ground Transportation – 0.7%

CSX Corp.

Machinery – 0.9%

Deere & Co.

PACCAR, Inc.

Trading Companies & Distributors – 0.4%

United Rentals, Inc.

Health Care – 5.6%

Biotechnology – 0.4%

Vertex Pharmaceuticals, Inc.^(a)

Health Care Equipment & Supplies – 0.9%

Medtronic PLC

Stryker Corp.

Health Care Providers & Services – 1.3%

Encompass Health Corp.

UnitedHealth Group, Inc.

Life Sciences Tools & Services – 1.7%

IQVIA Holdings, Inc.^(a)

Thermo Fisher Scientific, Inc.

Waters Corp.^(a)

Pharmaceuticals – 1.3%

Eli Lilly & Co.

Merck & Co., Inc.

Consumer Discretionary – 5.3%

Broadline Retail – 3.2%

Amazon.com, Inc.^(a)

Hotels, Restaurants & Leisure – 0.4%

Hyatt Hotels Corp. - Class A^(b)

Specialty Retail – 1.7%

AutoZone, Inc.^(a)

Home Depot, Inc. (The)

TJX Cos., Inc. (The)

Energy – 1.7%

Oil, Gas & Consumable Fuels – 1.7%

EOG Resources, Inc.

Exxon Mobil Corp.

Consumer Staples – 1.7%

Beverages – 1.3%

Coca-Cola Co. (The)

Monster Beverage Corp.^(a)

Consumer Staples Distribution & Retail – 0.4%

Walmart, Inc.

Materials – 1.4%

Chemicals – 1.1%

Corteva, Inc.

Linde PLC

Construction Materials – 0.3%

Eagle Materials, Inc.

Utilities – 1.2%

Electric Utilities – 0.7%

American Electric Power Co., Inc.

Multi-Utilities – 0.5%

Ameren Corp.

Real Estate – 0.9%

Specialized REITs – 0.9%

Digital Realty Trust, Inc.

Extra Space Storage, Inc.

Total Common Stocks
(cost $503,047,252)

INVESTMENT COMPANIES – 37.5%

Funds and Investment Trusts – 37.5%^(c) (d)

AB Discovery Growth Fund, Inc. - Class Z

AB Emerging Markets Opportunities ETF

AB Trust - AB Discovery Value Fund - Class Z

Bernstein Fund, Inc. - International Small Cap Portfolio - Class Z

Bernstein Fund, Inc. - International Strategic Equities Portfolio - Class Z

Bernstein Fund, Inc. - Small Cap Core Portfolio - Class Z

Total Investment Companies
(cost $393,350,675)

SHORT-TERM INVESTMENTS – 0.6%

Investment Companies – 0.6%

AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.46%^{(c) (d) (e)}
(cost $8,895,351)

Total Investments Before Security Lending Collateral for Securities Loaned – 99.9%
(cost $905,293,278)

INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 0.2%

Investment Companies – 0.2%

AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.46%^{(c) (d) (e)}
(cost $2,839,318)

Total Investments – 100.1%
(cost $908,132,596)^(f)

Other assets less liabilities – (0.1)%

Net Assets – 100.0%

Non-income producing security.

Represents entire or partial securities out on loan.

Affiliated investments.

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.

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

As of May 31, 2026 the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $647,272,369 and gross unrealized depreciation of investments was $(10,432,969), resulting in net unrealized appreciation of $636,839,400.

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.

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)

Investments in Securities:

See Portfolio of Investments for sector classifications.

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

Investments of cash collateral for securities lending transactions.