M&A - AB GLOBAL BOND FUND, INC.

Form Type: 485BPOS

Filing Date: 2025-01-29

Corporate Action: Merger

Type: Update

Accession Number: 000091957425000553

Filing Summary: AB Global Bond Fund, Inc. is undergoing a conversion, expected to close on or about February 7, 2025, into AB Core Plus Bond ETF. This conversion, approved by the Board of Directors on November 5-7, 2024, will entail transferring the Fund's assets and liabilities to the Acquiring Portfolio, with stockholders receiving shares equal to the aggregate NAV of their Fund shares. Post-conversion, the AB Global Bond Fund will be liquidated, and stockholders must hold their Fund shares in a brokerage account that can accept ETF shares. Redemption of shares not held in such accounts will result in cash distributions, which may be taxable events. The conversion does not require stockholder approval and is designed to streamline investment operations. Additionally, Class A, C, I, and Z shares of the Fund were converted into Advisor Class shares on January 13, 2025, in preparation for this transition and to enhance overall efficiency.