Ab Global Risk Allocation Fund, Inc.

C000027572 Fund Overview

Ab Global Risk Allocation Fund, Inc. is a US mutual fund managed by Ab Global Risk Allocation Fund, Inc., categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Ab Global Risk Allocation Fund, Inc.
• Category: Alternative
• Assets under management: $163.61M
• 1-year return: 2.0%
• SEC CIK: 0000069752
• SEC series ID: S000009974
• Share class ID: C000027572

C000027572 Investment Objective and Strategy

Ab Global Risk Allocation Fund, Inc. describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ab Global Risk Allocation Fund, Inc..

Investment objective

The Fund’s investment objective is total return consistent with reasonable risks through a combination of income and long-term growth of capital.

Principal investment strategy

The Fund invests dynamically in a number of global asset classes, including equity/credit, fixed-income, and inflation-sensitive instruments. In making decisions on the allocation of assets among asset classes, the Adviser will use a risk-balanced approach. This strategy attempts to provide investors with favorable long-term total return while minimizing exposure to material downside (tail) events. To execute this strategy, the Adviser assesses the volatility, tail loss and return potential of each asset. Fund assets are then allocated among asset classes so that no asset class dominates the expected tail loss of the Fund. This will generally result in the Fund having greater exposures to lower risk asset classes (such as fixed-income) than to higher risk asset classes. The Adviser will make frequent adjustments to the Funds asset class exposures based on its determinations of volatility, tail loss and return potential.

The asset classes in which the Fund may invest include: equity/credit--equity securities of all types and corporate fixed-income securities (regardless of credit quality, but subject to the limitations on high-yield securities set forth below); fixed-income--fixed-income securities of the U.S. and foreign governments and their agencies and instrumentalities; and inflation-sensitive--global inflation-indexed securities (including Treasury Inflation Protected Securities) and commodity-related instruments and derivatives (including commodity futures). The Funds investments within each asset class are generally index-based--typically, portfolios of individual securities, derivatives or exchange-traded funds (ETFs) intended to track the performance of segments within each particular asset class.

The inflation-sensitive asset class consists of instruments, the prices of which are affected directly or indirectly by the level and change in the rate of inflation, such as commodity derivatives. Equity securities will comprise no more than 75% of the Funds investments. The Fund may invest in fixed-income securities with a range of maturities from short- to long-term. The Fund may invest up to 20% of its assets in high-yield securities (securities rated below BBB- by S&P Global Ratings (S&P), Moodys Investors Service, Inc. (Moodys), or Fitch Ratings (Fitch), which are commonly known as junk bonds). As an operating policy, the Fund will invest no more than 5% of its assets in securities rated CCC- or below. The Funds investments will generally be global in nature, and will generally include investments in both developed and emerging markets.

The Fund typically invests at least 40% of its assets in securities of non-U.S. companies and/or foreign countries and their agencies and instrumentalities unless conditions are not deemed favorable by the Adviser, in which case the Fund will invest at least 30% of its assets in such foreign securities. Derivatives, particularly futures contracts and swaps, often provide more efficient and economical exposure to market segments than direct investments, and the Funds exposure to certain types of assets may at times be achieved partially or substantially through investment in derivatives. Derivatives transactions may also be a quicker and more efficient way to alter the Funds exposure than buying and selling direct investments. In determining when and to what extent to enter into derivatives transactions, the Adviser will consider factors such as the risk and returns of these investments relative to direct investments and the cost of such transactions.

Because derivatives transactions frequently require cash outlays that are only a small portion of the amount of exposure obtained through the derivative, a portion of the Funds assets may be held in cash or invested in cash equivalents to cover the Funds derivatives obligations, such as short-term U.S. Government and agency securities, repurchase agreements and money market funds. At times, a combination of direct securities investments and derivatives will be used to gain asset class exposure so that the Funds aggregate exposure will substantially exceed its net assets (i.e., so that the Fund is effectively leveraged). In addition, the Fund may at times invest in shares of ETFs in lieu of making direct investments in securities. While the Fund may seek to gain exposure to physical commodities traded in the commodities markets through investments in a variety of derivative instruments, the Adviser expects that the Fund will seek to gain exposure to commodities and commodities-related instruments and derivatives primarily through investments in AllianceBernstein Global Risk Allocation (Cayman) Ltd., a wholly-owned subsidiary of the Fund organized under the laws of the Cayman Islands (the Subsidiary).

The Subsidiary is advised by the Adviser and has the same investment objective and substantially similar investment policies and restrictions as the Fund except that the Subsidiary, unlike the Fund, may invest, without limitation, in commodities and commodities-related instruments. The Fund will be subject to the risks associated with the commodities, derivatives and other instruments in which the Subsidiary invests, to the extent of its investment in the Subsidiary. The Fund limits its investment in the Subsidiary to no more than 25% of its total assets. Investment in the Subsidiary is expected to provide the Fund with commodity exposure within the limitations of federal tax requirements that apply to the Fund. Currency exchange rate fluctuations can have a dramatic impact on returns. The Adviser may seek to hedge all or a portion of the Funds currency exposure resulting from Fund investments or decide not to hedge this exposure.

The Adviser may also cause the Fund to take on currency exposure for purposes other than hedging, relying on its fundamental and quantitative research with the goal of increasing returns or managing risk. Currency-related investments may include currencies acquired on a spot (i.e., cash) basis and currency-related derivatives, including forward currency exchange contracts and options on currencies.

C000027572 Holdings

Top 10 holdings of Ab Global Risk Allocation Fund, Inc. by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all C000027572 holdings

C000027572 Portfolio Allocation

Asset-class allocation of Ab Global Risk Allocation Fund, Inc. by percentage of net assets, from the latest SEC N-PORT filing.

C000027572 Performance

Total returns for C000027572 (as of 2026-10-01), from SEC filings.

C000027572 Risk Information

Risk metrics for C000027572, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 10.9%

C000027572 Costs and Fees

C000027572 costs about $172 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.72%
• Gross expense ratio: 1.73%
• Portfolio turnover: 35%
• Brokerage commissions: 3.23 bps of average net assets (SEC N-CEN)

C000027572 Cashflows

Over the 12 months to 2026-06, Ab Global Risk Allocation Fund, Inc. had net outflows of $6.06M, from monthly SEC N-PORT filings.

C000027572 Debt Constituents

Largest debt holdings of Ab Global Risk Allocation Fund, Inc. by percentage of net assets, from the latest SEC N-PORT filing.

C000027572 Prospectus and SEC Filings

Official Ab Global Risk Allocation Fund, Inc. filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2026-02-26
• Prospectus (485BPOS) — filed 2025-02-27
• Prospectus (485BPOS) — filed 2024-02-28
• Portfolio holdings (N-PORT) — filed 2026-08-26
• Portfolio holdings (N-PORT) — filed 2026-07-24
• Portfolio holdings (N-PORT) — filed 2026-04-24
• Annual census (N-CEN) — filed 2026-02-12
• Annual census (N-CEN) — filed 2025-02-12

Related Funds

Other Alternative funds tracked on ABC INVEST:

• iShares 0-3 Month Treasury Bond ETF (SGOV)
• Vanguard Short-Term Inflation-Protected Securities Index Fund (VTAPX)
• SPDR® Bloomberg Barclays 1-3 Month T-Bill ETF (BIL)
• Vanguard Inflation-Protected Securities Fund (VIPSX)
• iShares 0-1 Year Treasury Bond ETF (SHV)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.