# EDGAR Filing Document

**Accession Number:** 0000798737
**File Stem:** 0001752724-25-187671
**Filing Date:** 2025-8
**Character Count:** 99412
**Document Hash:** 0a0397d67e2f9c51fc991612b9575e23
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-187671.hdr.sgml**: 20250814

**ACCESSION NUMBER**: 0001752724-25-187671

**CONFORMED SUBMISSION TYPE**: N-CEN

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250814

**DATE AS OF CHANGE**: 20250814

**EFFECTIVENESS DATE**: 20250814

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB MUNICIPAL INCOME FUND, INC.
- **CENTRAL INDEX KEY:** 0000798737

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-CEN
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04791
- **FILM NUMBER:** 251214345

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN MUNICIPAL INCOME FUND INC
- **DATE OF NAME CHANGE:** 20030319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE MUNICIPAL INCOME FUND INC/NY/
- **DATE OF NAME CHANGE:** 20010629

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE MUNICIPAL INCOME FUND INC/NY
- **DATE OF NAME CHANGE:** 20010629

## Series and Classes Contracts Data

### AB California Portfolio (Series ID: S000010348)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000028619 | Class A       | ALCAX           |
| C000028620 | Class B       | ALCBX           |
| C000028621 | Class C       | ACACX           |
| C000069624 | Advisor Class | ALCVX           |

### AB National Portfolio (Series ID: S000010351)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000028628 | Class A       | ALTHX           |
| C000028629 | Class B       | ALTBX           |
| C000028630 | Class C       | ALNCX           |
| C000069625 | Advisor Class | ALTVX           |

### AB New York Portfolio (Series ID: S000010352)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000028631 | Class A       | ALNYX           |
| C000028632 | Class B       | ALNBX           |
| C000028633 | Class C       | ANYCX           |
| C000069626 | Advisor Class | ALNVX           |

### AB High Income Municipal Portfolio (Series ID: S000027380)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000082627 | Class A       | ABTHX           |
| C000082628 | Class C       | ABTFX           |
| C000082629 | Advisor Class | ABTYX           |
| C000206561 | Class Z       | ABTZX           |

## Internal

**Report of Independent Registered Public Accounting Firm**

To the Shareholders and Board of Directors of AB Municipal Income Fund, Inc.:

In planning and performing our audits of the financial statements of AB Municipal Income Fund, Inc. (the "Fund") (comprising the AB California Portfolio, AB High Income Municipal Portfolio, AB National Portfolio and AB New York Portfolio) as of and for the year ended May 31, 2025, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A fund's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles. A fund's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and directors of the fund; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a fund's assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the fund's annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB.

------

However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls over safeguarding securities that we consider to be a material weakness as defined above as of May 31, 2025.

This report is intended solely for the information and use of management and the Board of Directors of AB Municipal Income Fund, Inc. and the Securities and Exchange Commission, and is not intended to be and should not be used by anyone other than these specified parties.

/s/ ERNST & YOUNG LLP

New York, New York

July 25, 2025

# Form N-CEN: Annual Report for Registered Investment Companies

## N-CEN: Filer Information
**Submission Type:** N-CEN
**CIK:** 0000798737

## N-CEN: Series/Class (Contract) Information

**Series ID Record:1**
- **Series ID:** S000010348

**Series ID Record:2**
- **Series ID:** S000010351

**Series ID Record:3**
- **Series ID:** S000010352

**Series ID Record:4**
- **Series ID:** S000027380

**Class ID Record:1**
- **Class ID:** C000028619

**Class ID Record:2**
- **Class ID:** C000028620

**Class ID Record:3**
- **Class ID:** C000069624

**Class ID Record:4**
- **Class ID:** C000028621

**Class ID Record:5**
- **Class ID:** C000069625

**Class ID Record:6**
- **Class ID:** C000028630

**Class ID Record:7**
- **Class ID:** C000028629

**Class ID Record:8**
- **Class ID:** C000028628

**Class ID Record:9**
- **Class ID:** C000028632

**Class ID Record:10**
- **Class ID:** C000069626

**Class ID Record:11**
- **Class ID:** C000028633

**Class ID Record:12**
- **Class ID:** C000028631

**Class ID Record:13**
- **Class ID:** C000082629

**Class ID Record:14**
- **Class ID:** C000206561

**Class ID Record:15**
- **Class ID:** C000082627

**Class ID Record:16**
- **Class ID:** C000082628

### N-CEN: Part A: General Information

**Item A.1.a - Report for period ending:** 2025-05-31

**Item A.1.b - Does this report cover a period of less than 12 months?:** No

## N-CEN: Part B: Information About the Registrant

- **Item B.1.a - Full name of Registrant:** AB MUNICIPAL INCOME FUND, INC.

- **Item B.1.b - Investment Company Act file number:** 811-04791

- **Item B.1.c - CIK:** 0000798737

- **Item B.1.d - LEI:** 549300HSXPZXR4NTL020

- **Item B.2.a - Street 1:** ALLIANCEBERNSTEIN LP

- **Item B.2.a - Street 2:** 66 Hudson Boulevard East

- **Item B.2.b - City:** NEW YORK

- **Item B.2.c - State:** NY

- **Item B.2.e - Zip Code:** 10001

- **Item B.2.f - Telephone:** 212-969-1000

- **Item B.2.g - Public Website:** www.abfunds.com

### Item B.3 - Location of books and records

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** State Street Bank and Trust Company

- **b. Street 1:** 1 Congress Street

- **Street 2:** Suite 1

- **c. City:** Boston

- **d. State, if applicable:** MA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 02114

- **g. Telephone number:** 617-786-3000

- **h. Briefly describe the books and records kept at this location:** Custody and Accounting Records

- **Item B.4.a - Is this the first filing by the Registrant?:** No

- **Item B.4.b - Is this the last filing by the Registrant?:** No

- **Item B.5.a - Is the Registrant part of a family of investment companies?:** Yes

- **Item B.5.a.i - Full name of family of investment companies:** ALLIANCEBE

### Item B.6 - Organization

- [x] a. Open-end management investment company registered under the Act on Form N-1A

- [ ] b. Closed-end management investment company registered under the Act on Form N-2

- [ ] c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3

- [ ] d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4

- [ ] e. Small business investment company registered under the Act on Form N-5

- [ ] f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6

- [ ] g. Unit investment trust registered under the Act on Form N-8B-2

- **Item B.6.i - Total number of Series:** 4

- **Item B.7 - Is the Registrant the issuer of a class of securities registered under the Securities Act?:** Yes

### Item B.8 - Directors

| Name               | Is Interested Person?   | Other Investment Company File Numbers                                                                                                                                                                                                                                  |
|:---|:---|:---|
| Alexander Chaloff  | Yes                     | 811-00126, 811-00134, 811-00204, 811-01716, 811-02383, 811-03131, 811-05088, 811-05398, 811-06068, 811-06554, 811-06730, 811-07618, 811-07707, 811-07732, 811-07916, 811-08188, 811-08403, 811-08426, 811-09687, 811-10221, 811-10573, 811-21034, 811-21497, 811-23799 |
| Carol C. McMullen  | No                      | 811-00126, 811-00134, 811-00204, 811-01716, 811-02383, 811-03131, 811-05088, 811-05398, 811-06068, 811-06554, 811-06730, 811-07618, 811-07707, 811-07732, 811-07916, 811-08188, 811-08403, 811-08426, 811-09687, 811-10221, 811-10573, 811-21034, 811-21497, 811-23799 |
| Emilie D. Wrapp    | Yes                     | 811-00126, 811-00134, 811-00204, 811-01716, 811-02383, 811-03131, 811-05088, 811-05398, 811-06068, 811-06554, 811-06730, 811-07618, 811-07707, 811-07732, 811-07916, 811-08188, 811-08403, 811-08426, 811-09687, 811-10221, 811-10573, 811-21034, 811-21497, 811-23799 |
| Garry L. Moody     | No                      | 811-00126, 811-00134, 811-00204, 811-01716, 811-02383, 811-03131, 811-05088, 811-05398, 811-06068, 811-06554, 811-06730, 811-07618, 811-07707, 811-07732, 811-07916, 811-08188, 811-08403, 811-08426, 811-09687, 811-10221, 811-10573, 811-21034, 811-21497, 811-23799 |
| Jeanette W. Loeb   | No                      | 811-00126, 811-00134, 811-00204, 811-01716, 811-02383, 811-03131, 811-05088, 811-05398, 811-06068, 811-06554, 811-06730, 811-07618, 811-07707, 811-07732, 811-07916, 811-08188, 811-08403, 811-08426, 811-09687, 811-10221, 811-10573, 811-21034, 811-21497, 811-23799 |
| Jeffrey R. Holland | No                      | 811-00126, 811-00134, 811-00204, 811-01716, 811-02383, 811-03131, 811-05088, 811-05398, 811-06068, 811-06554, 811-06730, 811-07618, 811-07707, 811-07732, 811-07916, 811-08188, 811-08403, 811-08426, 811-09687, 811-10221, 811-10573, 811-21034, 811-21497, 811-23799 |
| Jorge A. Bermudez  | No                      | 811-00126, 811-00134, 811-00204, 811-01716, 811-02383, 811-03131, 811-05088, 811-05398, 811-06068, 811-06554, 811-06730, 811-07618, 811-07707, 811-07732, 811-07916, 811-08188, 811-08403, 811-08426, 811-09687, 811-10221, 811-10573, 811-21034, 811-21497, 811-23799 |
| R. Jay Gerken      | No                      | 811-00126, 811-00134, 811-00204, 811-01716, 811-02383, 811-03131, 811-05088, 811-05398, 811-06068, 811-06554, 811-06730, 811-07618, 811-07707, 811-07732, 811-07916, 811-08188, 811-08403, 811-08426, 811-09687, 811-10221, 811-10573, 811-21034, 811-21497, 811-23799 |

### Item B.9. Chief compliance officer.

**Chief compliance officer Record: 1**

- **a. Full Name:** Jennifer Friedland

- **b. CRD Number, if any:** N/A

- **c. Street Address 1:** 501 Commerce St

- **d. City:** Nashville

- **e. State, if applicable:** TN

- **f. Foreign country, if applicable:** US

- **g. Zip code:** 37203

- **h. Telephone number:** XXXXXX

- **i. Has the chief compliance officer changed since the last filing?:** No

If the chief compliance officer is compensated or employed by any person other than the Registrant, provide:

**CCO employer Record: 1**

- **i. Name of the person:** —

- **ii. Person’s IRS Employer Identification Number:** —

### Item B.10. Matters for security holder vote.

- **Were any matters submitted by the Registrant for its security holders’ vote during the reporting period?** —

| Series Name   | Series ID   |
|:---|:---|
| N/A           | N/A         |

- **Item B.11.a - Have there been any material legal proceedings?:** No

- **Item B.11.b - Has any proceeding previously reported been terminated?:** No

- **Item B.12.a - Were any claims with respect to the Registrant filed under a fidelity bond?:** No

- **Item B.13.a - Are the Registrant's officers or directors covered under any insurance policy?:** Yes

- **Item B.13.a.i - If yes, were any claims filed under the policy during the reporting period?:** No

- **Item B.14 - Did an affiliated person provide any form of financial support to the Registrant?:** No

- **Item B.15.a - Did the Registrant rely on any exemptive orders from the Commission?:** No

### Item B.16. Principal underwriters.

**Principal underwriter Record: 1**

- **i. Full name:** AllianceBernstein Investments, Inc.

- **ii. SEC file number:** 8-30851

- **iii. CRD number:** 000014549

- **iv. LEI, if any:** N/A

- **v. State, if applicable:** TN

- **vi. Foreign country, if applicable:** US

- **vii. Is the principal underwriter an affiliated person...?:** Yes

- **b. Have any principal underwriters been hired or terminated during the reporting period?** No

### Item B.17. Independent public accountant.

**Public accountant Record: 1**

- **a. Full Name:** Ernst & Young LLP

- **b. PCAOB Number:** 42

- **c. LEI, if any:** 254900Y3CIB1KF938C31

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Has the independent public accountant changed since the last filing?** No

- **Item B.18 - Did an independent public accountant's report on internal control note any material weaknesses?:** No

- **Item B.19 - Did an independent public accountant issue an opinion other than an unqualified opinion?:** No

- **Item B.20 - Have there been material changes in the method of valuation?:** No

- **Item B.21 - Have there been any changes in accounting principles or practices?:** No

- **Item B.22.a - Were any payments made to shareholders as a result of an error in calculating NAV?:** No

- **Item B.23 - Did the Registrant pay any dividend or make any distribution required to be accompanied by a written statement?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - AB California Portfolio

**Item C.1. Background information.**

- **a. Full Name of the Fund:** AB California Portfolio

- **b. Series identification number, if any:** S000010348

- **c. LEI:** 549300XGLO3UZZ0SVM88

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 6

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Advisor Class           | C000069624                                | ALCVX                        |
|                           2 | Class A                 | C000028619                                | ALCAX                        |
|                           3 | Class C                 | C000028621                                | ACACX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** AllianceBernstein L.P.

- **ii. LEI, if any:** 0JK55UGWSWNF3X7KLQ85

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** No

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 22d-1 (17 CFR 270.22d-1)

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** AllianceBernstein L.P.

- **ii. SEC file number:** 801-56720

- **iii. CRD number:** 000108477

- **iv. LEI, if any:** 0JK55UGWSWNF3X7KLQ85

- **v. State, if applicable:** TN

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** AllianceBernstein Investor Services, Inc.

- **ii. SEC file number:** 084-01187

- **iii. LEI, if any:** 254900AWWRBOHYAC4I42

- **iv. State, if applicable:** TX

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Services, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** PricingDirect Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Standard & Poor's Financial Services LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 549300U4VWNITEKO2881

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** Vertical Management Systems, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 95-4373305

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** AllianceBernstein Investor Services, Inc.

- **ii. LEI, if any:** 254900AWWRBOHYAC4I42

- **iii. State, if applicable:** TX

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** AllianceBernstein L.P.

- **ii. LEI, if any, or other identifying number:** 0JK55UGWSWNF3X7KLQ85

- **iii. State, if applicable:** TN

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** Sanford C. Bernstein & Co., LLC

- **b. SEC file number:** 8-52942

- **c. CRD number:** 000104474

- **d. LEI, if any:** 549300I7JYZHT7D5CO04

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** Sanford C. Bernstein Limited

- **b. SEC file number:** N/A

- **c. CRD number:** N/A

- **d. LEI, if any:** 54930049G8WQ5OOUSD19

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                                | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| J.P. Morgan Securities LLC          | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $113,580,876.95           |
| Goldman Sachs & Co. LLC             | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $85,649,795.75            |
| Morgan Stanley & Co. LLC            | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $80,855,786.70            |
| National Financial Services LLC     | 8-26740           | 000013041    | 549300JRHF1MHHWUAW04 | MA      | US        | $21,105,030.85            |
| BNY Capital Markets, LLC            | 8-35255           | 000017454    | VJW2DOOHGDT6PR0ZRO63 | NY      | US        | $48,850,038.40            |
| Barclays Capital Inc.               | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $50,283,534.02            |
| RBC Capital Markets, LLC            | 8-45411           | 000031194    | 549300LCO2FLSSVFFR64 | NY      | US        | $96,414,568.35            |
| Guardian Capital LP                 | N/A               | 000105078    | 549300F70RYK3Z5ZPU58 |  |  | $209,755,195.35           |
| Wells Fargo Securities, LLC         | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $99,852,457.25            |
| State Street Bank and Trust Company | N/A               | N/A          | 571474TGEMMWANRLN572 | MA      | US        | $729,671,864.08           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $1,661,030,635.54

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $1,227,944,442.99

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $325,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

  - **Line Institutions Record: 2 Name of institution:** BANK OF AMERICA, N.A.

  - **Line Institutions Record: 3 Name of institution:** BARCLAYS BANK PLC

  - **Line Institutions Record: 4 Name of institution:** BNP PARIBAS

  - **Line Institutions Record: 5 Name of institution:** BROWN BROTHERS HARRIMAN & CO.

  - **Line Institutions Record: 6 Name of institution:** CITIBANK, N.A.

  - **Line Institutions Record: 7 Name of institution:** DEUTSCHE BANK AG NEW YORK BRANCH

  - **Line Institutions Record: 8 Name of institution:** GOLDMAN SACHS BANK USA

  - **Line Institutions Record: 9 Name of institution:** HSBC BANK USA, NATIONAL ASSOCIATION

  - **Line Institutions Record: 10 Name of institution:** JPMORGAN CHASE BANK, N.A.

  - **Line Institutions Record: 11 Name of institution:** MORGAN STANLEY BANK, N.A.

  - **Line Institutions Record: 12 Name of institution:** STANDARD CHARTERED BANK

  - **Line Institutions Record: 13 Name of institution:** STATE STREET BANK AND TRUST COMPANY

  - **Line Institutions Record: 14 Name of institution:** THE NORTHERN TRUST COMPANY

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                            | SEC File number   |
|:---|:---|
| AB All China Equity Portfolio                           | 811-01716         |
| AB All Market Real Return Portfolio                     | 811-02383         |
| AB All Market Total Return Portfolio                    | 811-05088         |
| AB Balanced Hedged Allocation Portfolio                 | 811-05398         |
| AB Bond Inflation Strategy                              | 811-02383         |
| AB CORE OPPORTUNITIES FUND, INC.                        | 811-09687         |
| AB Concentrated Growth Fund                             | 811-01716         |
| AB Concentrated International Growth Portfolio          | 811-01716         |
| AB Conservative Buffer ETF                              | 811-23799         |
| AB Core Plus Bond ETF                                   | 811-23799         |
| AB Corporate Bond ETF                                   | 811-23799         |
| AB Corporate Income Shares                              | 811-21497         |
| AB DISCOVERY GROWTH FUND, INC.                          | 811-00204         |
| AB Discovery Value Fund                                 | 811-10221         |
| AB Discovery Value Portfolio                            | 811-05398         |
| AB Disruptors ETF                                       | 811-23799         |
| AB Dynamic Asset Allocation Portfolio                   | 811-05398         |
| AB EQUITY INCOME FUND INC                               | 811-07916         |
| AB Emerging Markets Multi-Asset Portfolio               | 811-01716         |
| AB GLOBAL BOND FUND, INC.                               | 811-06554         |
| AB GLOBAL RISK ALLOCATION FUND, INC.                    | 811-00134         |
| AB Global Core Equity Portfolio                         | 811-01716         |
| AB Global Real Estate Investment Fund II                | 811-08403         |
| AB Global Risk Allocation-Moderate Portfolio            | 811-05398         |
| AB Growth Fund                                          | 811-05088         |
| AB HIGH INCOME FUND INC                                 | 811-08188         |
| AB High Income Municipal Portfolio                      | 811-04791         |
| AB High Yield ETF                                       | 811-23799         |
| AB Impact Municipal Income Shares                       | 811-21497         |
| AB Income Fund                                          | 811-02383         |
| AB International Low Volatility Equity ETF              | 811-23799         |
| AB International Value Fund                             | 811-10221         |
| AB International Value Portfolio                        | 811-05398         |
| AB LARGE CAP GROWTH FUND INC                            | 811-06730         |
| AB Large Cap Growth Portfolio                           | 811-05398         |
| AB Large Cap Value Fund                                 | 811-10221         |
| AB Massachusetts Portfolio                              | 811-07618         |
| AB Mid Cap Value Portfolio                              | 811-01716         |
| AB Municipal Bond Inflation Strategy                    | 811-02383         |
| AB Municipal Income Shares                              | 811-21497         |
| AB National Portfolio                                   | 811-04791         |
| AB New York Portfolio                                   | 811-04791         |
| AB RELATIVE VALUE FUND, INC.                            | 811-00126         |
| AB Relative Value Portfolio                             | 811-05398         |
| AB SUSTAINABLE GLOBAL THEMATIC FUND, INC.               | 811-03131         |
| AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC          | 811-08426         |
| AB Select US Equity Portfolio                           | 811-01716         |
| AB Select US Long/Short Portfolio                       | 811-01716         |
| AB Short Duration High Yield ETF                        | 811-23799         |
| AB Short Duration Income ETF                            | 811-23799         |
| AB Small Cap Growth Portfolio                           | 811-05398         |
| AB Small Cap Value Portfolio                            | 811-01716         |
| AB Sustainable Global Thematic Portfolio                | 811-05398         |
| AB Sustainable Thematic Balanced Portfolio              | 811-05088         |
| AB Sustainable Thematic Credit Portfolio                | 811-02383         |
| AB Sustainable US Thematic Portfolio                    | 811-01716         |
| AB Tax-Aware Fixed Income Opportunities Portfolio       | 811-02383         |
| AB Tax-Aware Intermediate Municipal ETF                 | 811-23799         |
| AB Tax-Aware Long Municipal ETF                         | 811-23799         |
| AB Tax-Aware Short Duration Municipal ETF               | 811-23799         |
| AB Tax-Managed Wealth Appreciation Strategy             | 811-05088         |
| AB Taxable Multi-Sector Income Shares                   | 811-21497         |
| AB US High Dividend ETF                                 | 811-23799         |
| AB US Large Cap Strategic Equities ETF                  | 811-23799         |
| AB US Low Volatility Equity ETF                         | 811-23799         |
| AB Ultra Short Income ETF                               | 811-23799         |
| AB Virginia Portfolio                                   | 811-07618         |
| AB Wealth Appreciation Strategy                         | 811-05088         |
| Bernstein Intermediate Duration Institutional Portfolio | 811-21034         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

### Management Investment Record: 2 - AB High Income Municipal Portfolio

**Item C.1. Background information.**

- **a. Full Name of the Fund:** AB High Income Municipal Portfolio

- **b. Series identification number, if any:** S000027380

- **c. LEI:** 5493009E8B1XV7CBU619

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 6

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Advisor Class           | C000082629                                | ABTYX                        |
|                           2 | Class A                 | C000082627                                | ABTHX                        |
|                           3 | Class C                 | C000082628                                | ABTFX                        |
|                           4 | Class Z                 | C000206561                                | ABTZX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** AllianceBernstein L.P.

- **ii. LEI, if any:** 0JK55UGWSWNF3X7KLQ85

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** No

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 18f-4(d)(i) (17 CFR 270.18f-4(d)(i))

- Rule 22d-1 (17 CFR 270.22d-1)

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** AllianceBernstein L.P.

- **ii. SEC file number:** 801-56720

- **iii. CRD number:** 000108477

- **iv. LEI, if any:** 0JK55UGWSWNF3X7KLQ85

- **v. State, if applicable:** TN

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** AllianceBernstein Investor Services, Inc.

- **ii. SEC file number:** 084-01187

- **iii. LEI, if any:** 254900AWWRBOHYAC4I42

- **iv. State, if applicable:** TX

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Services, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** PricingDirect Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Standard & Poor's Financial Services LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 549300U4VWNITEKO2881

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** Vertical Management Systems, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 95-4373305

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** AllianceBernstein Investor Services, Inc.

- **ii. LEI, if any:** 254900AWWRBOHYAC4I42

- **iii. State, if applicable:** TX

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** AllianceBernstein L.P.

- **ii. LEI, if any, or other identifying number:** 0JK55UGWSWNF3X7KLQ85

- **iii. State, if applicable:** TN

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** Sanford C. Bernstein & Co., LLC

- **b. SEC file number:** 8-52942

- **c. CRD number:** 000104474

- **d. LEI, if any:** 549300I7JYZHT7D5CO04

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** Sanford C. Bernstein Limited

- **b. SEC file number:** N/A

- **c. CRD number:** N/A

- **d. LEI, if any:** 54930049G8WQ5OOUSD19

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                                | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| J.P. Morgan Securities LLC          | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $264,744,020.90           |
| Goldman Sachs & Co. LLC             | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $192,563,159.60           |
| Jefferies LLC                       | 8-15074           | 000002347    | 58PU97L1C0WSRCWADL48 | NY      | US        | $66,479,889.85            |
| Morgan Stanley & Co. LLC            | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $197,724,658.80           |
| BNY Capital Markets, LLC            | 8-35255           | 000017454    | VJW2DOOHGDT6PR0ZRO63 | NY      | US        | $350,343,286.15           |
| Barclays Capital Inc.               | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $70,118,836.05            |
| RBC Capital Markets, LLC            | 8-45411           | 000031194    | 549300LCO2FLSSVFFR64 | NY      | US        | $67,856,602.54            |
| Guardian Capital LP                 | N/A               | 000105078    | 549300F70RYK3Z5ZPU58 |  |  | $238,732,150.10           |
| Wells Fargo Securities, LLC         | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $197,569,213.40           |
| State Street Bank and Trust Company | N/A               | N/A          | 571474TGEMMWANRLN572 | MA      | US        | $1,572,398,905.74         |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $3,402,512,562.52

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $2,915,585,507.67

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $325,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

  - **Line Institutions Record: 2 Name of institution:** BANK OF AMERICA, N.A.

  - **Line Institutions Record: 3 Name of institution:** BARCLAYS BANK PLC

  - **Line Institutions Record: 4 Name of institution:** BNP PARIBAS

  - **Line Institutions Record: 5 Name of institution:** BROWN BROTHERS HARRIMAN & CO.

  - **Line Institutions Record: 6 Name of institution:** CITIBANK, N.A.

  - **Line Institutions Record: 7 Name of institution:** DEUTSCHE BANK AG NEW YORK BRANCH

  - **Line Institutions Record: 8 Name of institution:** GOLDMAN SACHS BANK USA

  - **Line Institutions Record: 9 Name of institution:** HSBC BANK USA, NATIONAL ASSOCIATION

  - **Line Institutions Record: 10 Name of institution:** JPMORGAN CHASE BANK, N.A.

  - **Line Institutions Record: 11 Name of institution:** MORGAN STANLEY BANK, N.A.

  - **Line Institutions Record: 12 Name of institution:** STANDARD CHARTERED BANK

  - **Line Institutions Record: 13 Name of institution:** STATE STREET BANK AND TRUST COMPANY

  - **Line Institutions Record: 14 Name of institution:** THE NORTHERN TRUST COMPANY

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                            | SEC File number   |
|:---|:---|
| AB All China Equity Portfolio                           | 811-01716         |
| AB All Market Real Return Portfolio                     | 811-02383         |
| AB All Market Total Return Portfolio                    | 811-05088         |
| AB Balanced Hedged Allocation Portfolio                 | 811-05398         |
| AB Bond Inflation Strategy                              | 811-02383         |
| AB CORE OPPORTUNITIES FUND, INC.                        | 811-09687         |
| AB California Portfolio                                 | 811-04791         |
| AB Concentrated Growth Fund                             | 811-01716         |
| AB Concentrated International Growth Portfolio          | 811-01716         |
| AB Conservative Buffer ETF                              | 811-23799         |
| AB Core Plus Bond ETF                                   | 811-23799         |
| AB Corporate Bond ETF                                   | 811-23799         |
| AB Corporate Income Shares                              | 811-21497         |
| AB DISCOVERY GROWTH FUND, INC.                          | 811-00204         |
| AB Discovery Value Fund                                 | 811-10221         |
| AB Discovery Value Portfolio                            | 811-05398         |
| AB Disruptors ETF                                       | 811-23799         |
| AB Dynamic Asset Allocation Portfolio                   | 811-05398         |
| AB EQUITY INCOME FUND INC                               | 811-07916         |
| AB Emerging Markets Multi-Asset Portfolio               | 811-01716         |
| AB GLOBAL BOND FUND, INC.                               | 811-06554         |
| AB GLOBAL RISK ALLOCATION FUND, INC.                    | 811-00134         |
| AB Global Core Equity Portfolio                         | 811-01716         |
| AB Global Real Estate Investment Fund II                | 811-08403         |
| AB Global Risk Allocation-Moderate Portfolio            | 811-05398         |
| AB Growth Fund                                          | 811-05088         |
| AB HIGH INCOME FUND INC                                 | 811-08188         |
| AB High Yield ETF                                       | 811-23799         |
| AB Impact Municipal Income Shares                       | 811-21497         |
| AB Income Fund                                          | 811-02383         |
| AB International Low Volatility Equity ETF              | 811-23799         |
| AB International Value Fund                             | 811-10221         |
| AB International Value Portfolio                        | 811-05398         |
| AB LARGE CAP GROWTH FUND INC                            | 811-06730         |
| AB Large Cap Growth Portfolio                           | 811-05398         |
| AB Large Cap Value Fund                                 | 811-10221         |
| AB Massachusetts Portfolio                              | 811-07618         |
| AB Mid Cap Value Portfolio                              | 811-01716         |
| AB Municipal Bond Inflation Strategy                    | 811-02383         |
| AB Municipal Income Shares                              | 811-21497         |
| AB National Portfolio                                   | 811-04791         |
| AB New York Portfolio                                   | 811-04791         |
| AB RELATIVE VALUE FUND, INC.                            | 811-00126         |
| AB Relative Value Portfolio                             | 811-05398         |
| AB SUSTAINABLE GLOBAL THEMATIC FUND, INC.               | 811-03131         |
| AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC          | 811-08426         |
| AB Select US Equity Portfolio                           | 811-01716         |
| AB Select US Long/Short Portfolio                       | 811-01716         |
| AB Short Duration High Yield ETF                        | 811-23799         |
| AB Short Duration Income ETF                            | 811-23799         |
| AB Small Cap Growth Portfolio                           | 811-05398         |
| AB Small Cap Value Portfolio                            | 811-01716         |
| AB Sustainable Global Thematic Portfolio                | 811-05398         |
| AB Sustainable Thematic Balanced Portfolio              | 811-05088         |
| AB Sustainable Thematic Credit Portfolio                | 811-02383         |
| AB Sustainable US Thematic Portfolio                    | 811-01716         |
| AB Tax-Aware Fixed Income Opportunities Portfolio       | 811-02383         |
| AB Tax-Aware Intermediate Municipal ETF                 | 811-23799         |
| AB Tax-Aware Long Municipal ETF                         | 811-23799         |
| AB Tax-Aware Short Duration Municipal ETF               | 811-23799         |
| AB Tax-Managed Wealth Appreciation Strategy             | 811-05088         |
| AB Taxable Multi-Sector Income Shares                   | 811-21497         |
| AB US High Dividend ETF                                 | 811-23799         |
| AB US Large Cap Strategic Equities ETF                  | 811-23799         |
| AB US Low Volatility Equity ETF                         | 811-23799         |
| AB Ultra Short Income ETF                               | 811-23799         |
| AB Virginia Portfolio                                   | 811-07618         |
| AB Wealth Appreciation Strategy                         | 811-05088         |
| Bernstein Intermediate Duration Institutional Portfolio | 811-21034         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

### Management Investment Record: 3 - AB National Portfolio

**Item C.1. Background information.**

- **a. Full Name of the Fund:** AB National Portfolio

- **b. Series identification number, if any:** S000010351

- **c. LEI:** SRO6BPH5H2VR656V2N60

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 6

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Advisor Class           | C000069625                                | ALTVX                        |
|                           2 | Class A                 | C000028628                                | ALTHX                        |
|                           3 | Class C                 | C000028630                                | ALNCX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** AllianceBernstein L.P.

- **ii. LEI, if any:** 0JK55UGWSWNF3X7KLQ85

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** No

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 22d-1 (17 CFR 270.22d-1)

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** AllianceBernstein L.P.

- **ii. SEC file number:** 801-56720

- **iii. CRD number:** 000108477

- **iv. LEI, if any:** 0JK55UGWSWNF3X7KLQ85

- **v. State, if applicable:** TN

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** AllianceBernstein Investor Services, Inc.

- **ii. SEC file number:** 084-01187

- **iii. LEI, if any:** 254900AWWRBOHYAC4I42

- **iv. State, if applicable:** TX

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Services, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** PricingDirect Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Standard & Poor's Financial Services LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 549300U4VWNITEKO2881

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** Vertical Management Systems, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 95-4373305

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** AllianceBernstein Investor Services, Inc.

- **ii. LEI, if any:** 254900AWWRBOHYAC4I42

- **iii. State, if applicable:** TX

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** AllianceBernstein L.P.

- **ii. LEI, if any, or other identifying number:** 0JK55UGWSWNF3X7KLQ85

- **iii. State, if applicable:** TN

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** Sanford C. Bernstein & Co., LLC

- **b. SEC file number:** 8-52942

- **c. CRD number:** 000104474

- **d. LEI, if any:** 549300I7JYZHT7D5CO04

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** Sanford C. Bernstein Limited

- **b. SEC file number:** N/A

- **c. CRD number:** N/A

- **d. LEI, if any:** 54930049G8WQ5OOUSD19

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                                | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| J.P. Morgan Securities LLC          | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $190,961,740.93           |
| Goldman Sachs & Co. LLC             | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $223,859,286.60           |
| Jefferies LLC                       | 8-15074           | 000002347    | 58PU97L1C0WSRCWADL48 | NY      | US        | $16,369,128.05            |
| Morgan Stanley & Co. LLC            | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $181,318,321.60           |
| BNY Capital Markets, LLC            | 8-35255           | 000017454    | VJW2DOOHGDT6PR0ZRO63 | NY      | US        | $70,499,295.25            |
| Barclays Capital Inc.               | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $54,877,783.80            |
| RBC Capital Markets, LLC            | 8-45411           | 000031194    | 549300LCO2FLSSVFFR64 | NY      | US        | $79,240,560.05            |
| Guardian Capital LP                 | N/A               | 000105078    | 549300F70RYK3Z5ZPU58 |  |  | $181,731,173.00           |
| Wells Fargo Securities, LLC         | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $122,738,719.95           |
| State Street Bank and Trust Company | N/A               | N/A          | 571474TGEMMWANRLN572 | MA      | US        | $933,717,726.24           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $2,155,609,847.93

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $1,938,403,316.13

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $325,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

  - **Line Institutions Record: 2 Name of institution:** BANK OF AMERICA, N.A.

  - **Line Institutions Record: 3 Name of institution:** BARCLAYS BANK PLC

  - **Line Institutions Record: 4 Name of institution:** BNP PARIBAS

  - **Line Institutions Record: 5 Name of institution:** BROWN BROTHERS HARRIMAN & CO.

  - **Line Institutions Record: 6 Name of institution:** CITIBANK, N.A.

  - **Line Institutions Record: 7 Name of institution:** DEUTSCHE BANK AG NEW YORK BRANCH

  - **Line Institutions Record: 8 Name of institution:** GOLDMAN SACHS BANK USA

  - **Line Institutions Record: 9 Name of institution:** HSBC BANK USA, NATIONAL ASSOCIATION

  - **Line Institutions Record: 10 Name of institution:** JPMORGAN CHASE BANK, N.A.

  - **Line Institutions Record: 11 Name of institution:** MORGAN STANLEY BANK, N.A.

  - **Line Institutions Record: 12 Name of institution:** STANDARD CHARTERED BANK

  - **Line Institutions Record: 13 Name of institution:** STATE STREET BANK AND TRUST COMPANY

  - **Line Institutions Record: 14 Name of institution:** THE NORTHERN TRUST COMPANY

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                            | SEC File number   |
|:---|:---|
| AB All China Equity Portfolio                           | 811-01716         |
| AB All Market Real Return Portfolio                     | 811-02383         |
| AB All Market Total Return Portfolio                    | 811-05088         |
| AB Balanced Hedged Allocation Portfolio                 | 811-05398         |
| AB Bond Inflation Strategy                              | 811-02383         |
| AB CORE OPPORTUNITIES FUND, INC.                        | 811-09687         |
| AB California Portfolio                                 | 811-04791         |
| AB Concentrated Growth Fund                             | 811-01716         |
| AB Concentrated International Growth Portfolio          | 811-01716         |
| AB Conservative Buffer ETF                              | 811-23799         |
| AB Core Plus Bond ETF                                   | 811-23799         |
| AB Corporate Bond ETF                                   | 811-23799         |
| AB Corporate Income Shares                              | 811-21497         |
| AB DISCOVERY GROWTH FUND, INC.                          | 811-00204         |
| AB Discovery Value Fund                                 | 811-10221         |
| AB Discovery Value Portfolio                            | 811-05398         |
| AB Disruptors ETF                                       | 811-23799         |
| AB Dynamic Asset Allocation Portfolio                   | 811-05398         |
| AB EQUITY INCOME FUND INC                               | 811-07916         |
| AB Emerging Markets Multi-Asset Portfolio               | 811-01716         |
| AB GLOBAL BOND FUND, INC.                               | 811-06554         |
| AB GLOBAL RISK ALLOCATION FUND, INC.                    | 811-00134         |
| AB Global Core Equity Portfolio                         | 811-01716         |
| AB Global Real Estate Investment Fund II                | 811-08403         |
| AB Global Risk Allocation-Moderate Portfolio            | 811-05398         |
| AB Growth Fund                                          | 811-05088         |
| AB HIGH INCOME FUND INC                                 | 811-08188         |
| AB High Income Municipal Portfolio                      | 811-04791         |
| AB High Yield ETF                                       | 811-23799         |
| AB Impact Municipal Income Shares                       | 811-21497         |
| AB Income Fund                                          | 811-02383         |
| AB International Low Volatility Equity ETF              | 811-23799         |
| AB International Value Fund                             | 811-10221         |
| AB International Value Portfolio                        | 811-05398         |
| AB LARGE CAP GROWTH FUND INC                            | 811-06730         |
| AB Large Cap Growth Portfolio                           | 811-05398         |
| AB Large Cap Value Fund                                 | 811-10221         |
| AB Massachusetts Portfolio                              | 811-07618         |
| AB Mid Cap Value Portfolio                              | 811-01716         |
| AB Municipal Bond Inflation Strategy                    | 811-02383         |
| AB Municipal Income Shares                              | 811-21497         |
| AB New York Portfolio                                   | 811-04791         |
| AB RELATIVE VALUE FUND, INC.                            | 811-00126         |
| AB Relative Value Portfolio                             | 811-05398         |
| AB SUSTAINABLE GLOBAL THEMATIC FUND, INC.               | 811-03131         |
| AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC          | 811-08426         |
| AB Select US Equity Portfolio                           | 811-01716         |
| AB Select US Long/Short Portfolio                       | 811-01716         |
| AB Short Duration High Yield ETF                        | 811-23799         |
| AB Short Duration Income ETF                            | 811-23799         |
| AB Small Cap Growth Portfolio                           | 811-05398         |
| AB Small Cap Value Portfolio                            | 811-01716         |
| AB Sustainable Global Thematic Portfolio                | 811-05398         |
| AB Sustainable Thematic Balanced Portfolio              | 811-05088         |
| AB Sustainable Thematic Credit Portfolio                | 811-02383         |
| AB Sustainable US Thematic Portfolio                    | 811-01716         |
| AB Tax-Aware Fixed Income Opportunities Portfolio       | 811-02383         |
| AB Tax-Aware Intermediate Municipal ETF                 | 811-23799         |
| AB Tax-Aware Long Municipal ETF                         | 811-23799         |
| AB Tax-Aware Short Duration Municipal ETF               | 811-23799         |
| AB Tax-Managed Wealth Appreciation Strategy             | 811-05088         |
| AB Taxable Multi-Sector Income Shares                   | 811-21497         |
| AB US High Dividend ETF                                 | 811-23799         |
| AB US Large Cap Strategic Equities ETF                  | 811-23799         |
| AB US Low Volatility Equity ETF                         | 811-23799         |
| AB Ultra Short Income ETF                               | 811-23799         |
| AB Virginia Portfolio                                   | 811-07618         |
| AB Wealth Appreciation Strategy                         | 811-05088         |
| Bernstein Intermediate Duration Institutional Portfolio | 811-21034         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

### Management Investment Record: 4 - AB New York Portfolio

**Item C.1. Background information.**

- **a. Full Name of the Fund:** AB New York Portfolio

- **b. Series identification number, if any:** S000010352

- **c. LEI:** DW5H3DY2BQ5SJEQYE144

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 6

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Advisor Class           | C000069626                                | ALNVX                        |
|                           2 | Class A                 | C000028631                                | ALNYX                        |
|                           3 | Class C                 | C000028633                                | ANYCX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** Yes

**c. Provide the information requested below about each securities lending agent, if any, retained by the Fund:**

**Securities Lending Record: 1**

- **i. Full name of securities lending agent:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. Is the securities lending agent an affiliated person...?** No

- **iv. Does the securities lending agent... indemnify the Fund against borrower default?** Yes

- **v. If the entity providing the indemnification is not the securities lending agent, provide the following information:**

  **Idemnity Providers Record: 1**

  - **1. Name of person providing indemnification:** —

  - **2. LEI, if any:** —

- **vi. Did the Fund exercise its indemnification rights during the reporting period?** No

**d. If a person providing cash collateral management services to the Fund in connection with the Fund's securities lending activities does not also serve as securities lending agent, provide the following information about each cash collateral manager:**

**Collateral Managers Record: 1**

- **i. Full name of cash collateral manager:** AllianceBernstein L.P.

- **ii. LEI, if any:** 0JK55UGWSWNF3X7KLQ85

- **iii. Is the cash collateral manager an affiliated person, or an affiliated person of an affiliated person, of a securities lending agent retained by the Fund??** No

- **iv. Is the cash collateral manager an affiliated person of the Fund?** Yes

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 12d1-1 (17 CFR 270.12d1-1)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 22d-1 (17 CFR 270.22d-1)

- Rule 32a-4 (17 CFR 270.32a-4)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** No

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** AllianceBernstein L.P.

- **ii. SEC file number:** 801-56720

- **iii. CRD number:** 000108477

- **iv. LEI, if any:** 0JK55UGWSWNF3X7KLQ85

- **v. State, if applicable:** TN

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** AllianceBernstein Investor Services, Inc.

- **ii. SEC file number:** 084-01187

- **iii. LEI, if any:** 254900AWWRBOHYAC4I42

- **iv. State, if applicable:** TX

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Services, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 13-3668779

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** GA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** London Stock Exchange Group PLC

- **ii. LEI, if any, or provide and describe other identifying number:** 213800QAUUUP6I445N30

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** PricingDirect Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Standard & Poor's Financial Services LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 549300U4VWNITEKO2881

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 7**

- **i. Full name:** Vertical Management Systems, Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 95-4373305

- **Description of other identifying number:** Tax ID

- **iii. State, if applicable:** NJ

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** State Street Bank and Trust Company

- **ii. LEI, if any:** 571474TGEMMWANRLN572

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** AllianceBernstein Investor Services, Inc.

- **ii. LEI, if any:** 254900AWWRBOHYAC4I42

- **iii. State, if applicable:** TX

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** AllianceBernstein L.P.

- **ii. LEI, if any, or other identifying number:** 0JK55UGWSWNF3X7KLQ85

- **iii. State, if applicable:** TN

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** Sanford C. Bernstein & Co., LLC

- **b. SEC file number:** 8-52942

- **c. CRD number:** 000104474

- **d. LEI, if any:** 549300I7JYZHT7D5CO04

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** Sanford C. Bernstein Limited

- **b. SEC file number:** N/A

- **c. CRD number:** N/A

- **d. LEI, if any:** 54930049G8WQ5OOUSD19

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                                | SEC file number   | CRD number   | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|:---|:---|:---|:---|:---|
| J.P. Morgan Securities LLC          | 8-35008           | 000000079    | ZBUT11V806EZRVTWT807 | NY      | US        | $54,490,470.81            |
| Goldman Sachs & Co. LLC             | 8-129             | 000000361    | FOR8UP27PHTHYVLBNG30 | NY      | US        | $44,385,201.25            |
| Truist Securities, Inc.             | 8-17212           | 000006271    | CSVTK36R0PNGXEM7NS14 | GA      | US        | $15,612,607.75            |
| Morgan Stanley & Co. LLC            | 8-15869           | 000008209    | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $23,937,556.80            |
| BNY Capital Markets, LLC            | 8-35255           | 000017454    | VJW2DOOHGDT6PR0ZRO63 | NY      | US        | $21,670,983.35            |
| U.S. Bancorp Investments, Inc.      | 8-35359           | 000017868    | H85Z6XZP8B10ES0M2G89 | MN      | US        | $13,200,000.00            |
| Barclays Capital Inc.               | 8-41342           | 000019714    | AC28XWWI3WIBK2824319 | NY      | US        | $16,956,508.35            |
| Guardian Capital LP                 | N/A               | 000105078    | 549300F70RYK3Z5ZPU58 |  |  | $72,855,641.65            |
| Wells Fargo Securities, LLC         | 8-65876           | 000126292    | VYVVCKR63DVZZN70PB21 | NC      | US        | $27,088,068.90            |
| State Street Bank and Trust Company | N/A               | N/A          | 571474TGEMMWANRLN572 | MA      | US        | $338,460,360.88           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $684,065,701.33

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $503,425,831.22

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $325,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED

  - **Line Institutions Record: 2 Name of institution:** BANK OF AMERICA, N.A.

  - **Line Institutions Record: 3 Name of institution:** BARCLAYS BANK PLC

  - **Line Institutions Record: 4 Name of institution:** BNP PARIBAS

  - **Line Institutions Record: 5 Name of institution:** BROWN BROTHERS HARRIMAN & CO.

  - **Line Institutions Record: 6 Name of institution:** CITIBANK, N.A.

  - **Line Institutions Record: 7 Name of institution:** DEUTSCHE BANK AG NEW YORK BRANCH

  - **Line Institutions Record: 8 Name of institution:** GOLDMAN SACHS BANK USA

  - **Line Institutions Record: 9 Name of institution:** HSBC BANK USA, NATIONAL ASSOCIATION

  - **Line Institutions Record: 10 Name of institution:** JPMORGAN CHASE BANK, N.A.

  - **Line Institutions Record: 11 Name of institution:** MORGAN STANLEY BANK, N.A.

  - **Line Institutions Record: 12 Name of institution:** STANDARD CHARTERED BANK

  - **Line Institutions Record: 13 Name of institution:** STATE STREET BANK AND TRUST COMPANY

  - **Line Institutions Record: 14 Name of institution:** THE NORTHERN TRUST COMPANY

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                            | SEC File number   |
|:---|:---|
| AB All China Equity Portfolio                           | 811-01716         |
| AB All Market Real Return Portfolio                     | 811-02383         |
| AB All Market Total Return Portfolio                    | 811-05088         |
| AB Balanced Hedged Allocation Portfolio                 | 811-05398         |
| AB Bond Inflation Strategy                              | 811-02383         |
| AB CORE OPPORTUNITIES FUND, INC.                        | 811-09687         |
| AB California Portfolio                                 | 811-04791         |
| AB Concentrated Growth Fund                             | 811-01716         |
| AB Concentrated International Growth Portfolio          | 811-01716         |
| AB Conservative Buffer ETF                              | 811-23799         |
| AB Core Plus Bond ETF                                   | 811-23799         |
| AB Corporate Bond ETF                                   | 811-23799         |
| AB Corporate Income Shares                              | 811-21497         |
| AB DISCOVERY GROWTH FUND, INC.                          | 811-00204         |
| AB Discovery Value Fund                                 | 811-10221         |
| AB Discovery Value Portfolio                            | 811-05398         |
| AB Disruptors ETF                                       | 811-23799         |
| AB Dynamic Asset Allocation Portfolio                   | 811-05398         |
| AB EQUITY INCOME FUND INC                               | 811-07916         |
| AB Emerging Markets Multi-Asset Portfolio               | 811-01716         |
| AB GLOBAL BOND FUND, INC.                               | 811-06554         |
| AB GLOBAL RISK ALLOCATION FUND, INC.                    | 811-00134         |
| AB Global Core Equity Portfolio                         | 811-01716         |
| AB Global Real Estate Investment Fund II                | 811-08403         |
| AB Global Risk Allocation-Moderate Portfolio            | 811-05398         |
| AB Growth Fund                                          | 811-05088         |
| AB HIGH INCOME FUND INC                                 | 811-08188         |
| AB High Income Municipal Portfolio                      | 811-04791         |
| AB High Yield ETF                                       | 811-23799         |
| AB Impact Municipal Income Shares                       | 811-21497         |
| AB Income Fund                                          | 811-02383         |
| AB International Low Volatility Equity ETF              | 811-23799         |
| AB International Value Fund                             | 811-10221         |
| AB International Value Portfolio                        | 811-05398         |
| AB LARGE CAP GROWTH FUND INC                            | 811-06730         |
| AB Large Cap Growth Portfolio                           | 811-05398         |
| AB Large Cap Value Fund                                 | 811-10221         |
| AB Massachusetts Portfolio                              | 811-07618         |
| AB Mid Cap Value Portfolio                              | 811-01716         |
| AB Municipal Bond Inflation Strategy                    | 811-02383         |
| AB Municipal Income Shares                              | 811-21497         |
| AB National Portfolio                                   | 811-04791         |
| AB RELATIVE VALUE FUND, INC.                            | 811-00126         |
| AB Relative Value Portfolio                             | 811-05398         |
| AB SUSTAINABLE GLOBAL THEMATIC FUND, INC.               | 811-03131         |
| AB SUSTAINABLE INTERNATIONAL THEMATIC FUND INC          | 811-08426         |
| AB Select US Equity Portfolio                           | 811-01716         |
| AB Select US Long/Short Portfolio                       | 811-01716         |
| AB Short Duration High Yield ETF                        | 811-23799         |
| AB Short Duration Income ETF                            | 811-23799         |
| AB Small Cap Growth Portfolio                           | 811-05398         |
| AB Small Cap Value Portfolio                            | 811-01716         |
| AB Sustainable Global Thematic Portfolio                | 811-05398         |
| AB Sustainable Thematic Balanced Portfolio              | 811-05088         |
| AB Sustainable Thematic Credit Portfolio                | 811-02383         |
| AB Sustainable US Thematic Portfolio                    | 811-01716         |
| AB Tax-Aware Fixed Income Opportunities Portfolio       | 811-02383         |
| AB Tax-Aware Intermediate Municipal ETF                 | 811-23799         |
| AB Tax-Aware Long Municipal ETF                         | 811-23799         |
| AB Tax-Aware Short Duration Municipal ETF               | 811-23799         |
| AB Tax-Managed Wealth Appreciation Strategy             | 811-05088         |
| AB Taxable Multi-Sector Income Shares                   | 811-21497         |
| AB US High Dividend ETF                                 | 811-23799         |
| AB US Large Cap Strategic Equities ETF                  | 811-23799         |
| AB US Low Volatility Equity ETF                         | 811-23799         |
| AB Ultra Short Income ETF                               | 811-23799         |
| AB Virginia Portfolio                                   | 811-07618         |
| AB Wealth Appreciation Strategy                         | 811-05088         |
| Bernstein Intermediate Duration Institutional Portfolio | 811-21034         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

## N-CEN: Part G: Attachments

**Item G.1a. Attachments.**

Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below:

- [ ] i. Legal proceedings

- [ ] ii. Provision of financial support

- [x] iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only)

- [ ] iv. Change in accounting principles and practices

- [ ] v. Information required to be filed pursuant to exemptive orders

- [ ] vi. Other information required to be included as an attachment pursuant to Commission rules and regulations

## N-CEN: Signature

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to a be signed on its behalf by the undersigned hereunto duly authorized.

**Registrant:** AB MUNICIPAL INCOME FUND, INC.

**Date:** 2025-08-13

**Signature:** Stephen Woetzel

**Title:** Controller