AB Global Bond Fund, Inc. — Advisor Class is an open‑end mutual fund focused on global fixed income with a currency‑hedged approach. Its primary objective is to deliver a high level of current income consistent with prudent risk, while preserving capital through diversified exposure to government, agency, and corporate bonds across developed and select emerging markets. The strategy invests at least 80% of assets in debt securities and significantly in non‑U.S. issuers, using hedging to reduce foreign‑exchange volatility for U.S. dollar investors. Positioned within the Global Bond–USD Hedged category, the fund tactically allocates across countries and sectors to manage duration and broaden sources of income beyond the U.S. market. The portfolio employs derivatives and forward currency contracts as risk and efficiency tools, aiming for competitive risk‑adjusted returns and lower volatility versus unhedged global benchmarks. With a long operating history and institutional research backing, it serves as a core bond holding for investors seeking globally diversified income, interest‑rate diversification, and disciplined currency management within a single vehicle.
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