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AB Active ETF, Inc.

AB International Growth ETF

Portfolio of Investments

August 31, 2026 (unaudited)


Company	Shares		U.S. $ Value

COMMON STOCKS – 98.7%
Industrials – 30.1%
Aerospace & Defense – 2.7%
Safran SA		310	$	121,352


Air Freight & Logistics – 1.4%
DSV A/S		115		24,259
Mainfreight Ltd.		970		38,439

				62,698


Building Products – 3.4%
Kingspan Group PLC		1,262		150,259


Electrical Equipment – 4.6%
Contemporary Amperex Technology Co., Ltd. - Class A		1,200		64,921
Schneider Electric SE		315		107,795
Siemens Energy AG		216		35,674

				208,390


Ground Transportation – 1.9%
Canadian Pacific Kansas City Ltd.		904		83,723


Industrial Conglomerates – 1.0%
Lifco AB - Class B		1,371		45,381


Machinery – 4.9%
RENK Group AG		942		51,434
Trelleborg AB - Class B		1,121		52,608
Weir PLC		3,007		116,028

				220,070


Passenger Airlines – 1.4%
Ryanair Holdings PLC		2,370		63,870


Professional Services – 2.1%
Experian PLC		2,285		94,303


Trading Companies & Distributors – 6.7%
AddTech AB - Class B		1,048		36,963
Beijer Ref AB - Class B		7,360		106,383
Diploma PLC		922		91,628
IMCD NV		550		63,952

				298,926

				1,348,972


Information Technology – 28.3%
Electronic Equipment, Instruments & Components – 2.6%
Halma PLC		825		40,625
Hexagon AB - Class B		4,330		45,179
Keyence Corp.		60		31,433

				117,237


IT Services – 0.8%
Shopify, Inc. - Class A^(a)		223		32,863


Semiconductors & Semiconductor Equipment – 14.7%
ASML Holding NV		116		195,624
BE Semiconductor Industries NV		133		30,203
Renesas Electronics Corp.		1,900		40,357
SK hynix, Inc.		76		92,959
Taiwan Semiconductor Manufacturing Co., Ltd. (Sponsored ADR)		716		297,369

				656,512


Software – 9.0%
Constellation Software, Inc./Canada		42		95,092
Nemetschek SE		1,299		106,077
SAP SE		484		107,327
Topicus.com, Inc.^(a)		1,242		94,814

				403,310


Company	Shares		U.S. $ Value

Technology Hardware, Storage & Peripherals – 1.2%
Samsung Electronics Co., Ltd.		286	$	54,333

				1,264,255


Consumer Discretionary – 15.6%
Broadline Retail – 6.4%
MercadoLibre, Inc.^(a)		39		75,512
Pan Pacific International Holdings Corp.		5,400		27,288
Sea Ltd. (ADR)^(a)		1,611		182,816

				285,616


Hotels, Restaurants & Leisure – 6.8%
Atour Lifestyle Holdings Ltd. (ADR)		2,361		82,588
DPC Dash Ltd. - Class H^(a)		6,800		28,885
H World Group Ltd. (ADR)		2,027		95,918
InterContinental Hotels Group PLC		605		98,403

				305,794


Textiles, Apparel & Luxury Goods – 2.4%
ANTA Sports Products Ltd. - Class H		5,000		49,558
LVMH Moet Hennessy Louis Vuitton SE		112		58,974

				108,532

				699,942


Financials – 13.5%
Banks – 6.8%
FinecoBank Banca Fineco SpA		2,344		64,584
HDFC Bank Ltd. (ADR)		2,110		47,897
NU Holdings Ltd./Cayman Islands - Class A^(a)		5,283		76,868
Standard Chartered PLC		3,930		115,997

				305,346


Capital Markets – 4.7%
3i Group PLC		3,781		144,971
Futu Holdings Ltd. (ADR)		534		65,223

				210,194


Financial Services – 2.0%
Adyen NV^(a)		72		87,599

				603,139


Health Care – 5.1%
Health Care Equipment & Supplies – 2.9%
Ambu A/S - Class B		7,316		80,887
Straumann Holding AG (REG)		428		49,742

				130,629


Life Sciences Tools & Services – 1.5%
Lonza Group AG (REG)^(a)		92		65,657


Pharmaceuticals – 0.7%
Novo Nordisk A/S - Class B		678		30,806

				227,092


Communication Services – 4.9%
Entertainment – 0.7%
Tencent Music Entertainment Group (ADR)		3,539		29,268


Interactive Media & Services – 4.2%
Tencent Holdings Ltd. - Class H		3,270		188,959

				218,227


Materials – 1.2%
Chemicals – 1.2%
Novonesis Novozymes B - Class B		734		52,741


Total Common Stocks (cost $4,435,255)				4,414,368

Company

Shares

U.S. $ Value

SHORT-TERM INVESTMENTS – 1.2%

Investment Companies – 1.2%

AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.51%^{(b) (c) (d)}
(cost $54,223)

54,223

Total Investments – 99.9%
(cost $4,489,478)^(e)

4,468,591

Other assets less liabilities – 0.1%

5,501

Net Assets – 100.0%

4,474,092

Country Breakdown (% of Net Assets)


13.6	%	United Kingdom
12.1	%	China
8.4	%	Netherlands
6.9	%	Canada
6.7	%	Germany
6.7	%	Taiwan
6.4	%	Sweden
4.5	%	United States
4.2	%	Denmark
4.1	%	Singapore
4.0	%	France
3.4	%	Brazil
3.3	%	Ireland
3.3	%	South Korea
11.1	%	Others
1.2	%	Short-Term Investments
0.1	%	Other assets less liabilities

100.0	%	Total

(a)

Non-income producing security.

(b)

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

(c)

Affiliated investments.

(d)

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.

(e)

As of August 31, 2026 the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $509,064 and gross unrealized depreciation of investments was $529,951, resulting in net unrealized depreciation of $20,887.

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

REG – Registered Shares

AB Active ETF, Inc.

AB International Growth ETF

August 31, 2026 (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 August 31, 2026:


Investments in Securities:	Level 1		Level 2		Level 3		Total
Assets:
Common Stocks^(a)	$	4,414,368	$	-0-	$	-0-	$	4,414,368
Short-Term Investments		54,223		-0-		-0-		54,223

Total Investments in Securities		4,468,591		-0-		-0-		4,468,591
Other Financial Instruments^(b)		-0-		-0-		-0-		-0-

Total	$	4,468,591	$	-0-	$	-0-	$	4,468,591

^(a)

See Portfolio of Investments for sector classifications.

^(b)

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.

A summary of the Fund’s transactions in AB mutual funds for the nine months ended August 31, 2026 is as follows:


Fund	Market Value 11/30/2025 (000)		Purchases at Cost (000)		Sales Proceeds (000)		Market Value 8/31/2026 (000)		Dividend Income (000)
AB Government Money Market Portfolio	$	19	$	692	$	657	$	54	$	1