M&A - AB HIGH INCOME FUND INC

Form Type: 485BPOS

Filing Date: 2025-01-29

Corporate Action: Merger

Type: Update

Accession Number: 000091957425000552

Filing Summary: AB High Income Fund, Inc. is undergoing a conversion (the 'Conversion') to AB Core Plus Bond ETF, whereby the Fund's assets and liabilities will be transferred to the Acquiring Portfolio, with stockholders receiving shares in the Acquiring Portfolio equal to the aggregate NAV of their shares in the Fund, minus cash for any fractional share amounts. This Conversion does not require stockholder approval and begins on January 31, 2025, with a closing date expected on around February 7, 2025. In anticipation, purchase orders will only be accepted until January 31, 2025, while exchange and redemption orders will be accepted until February 6, 2025. Shares of Class A, C, I, and Z were converted into Advisor Class shares on January 13, 2025, prior to the Conversion. Importantly, Fund shares must be held through a brokerage account that can accept ETF shares to receive those shares post-Conversion, otherwise, redemptions will be processed as cash, which might trigger a taxable event.