497 1 d566504d497.htm SANFORD C. BERNSTEIN FUND, INC. - INTERNATIONAL & TAX-MANAGED INTERNATIONAL <![CDATA[Sanford C. Bernstein Fund, Inc. - International & Tax-Managed International]]>

SANFORD C. BERNSTEIN FUND, INC.

-International Portfolio

-Tax-Managed International Portfolio

ALLIANCEBERNSTEIN BLENDED STYLE FUNDS

-AllianceBernstein International Portfolio

-AllianceBernstein Tax-Managed International Portfolio

(the “Portfolios”)

 

 

Supplement dated July 24, 2013 to the Prospectus and Summary Prospectuses dated January 31, 2013 of the Sanford C. Bernstein Fund, Inc. offering shares of the International Portfolio and the Tax-Managed International Portfolio, and to the AllianceBernstein Blended Style Funds Prospectus and Summary Prospectuses dated January 31, 2013 offering Class A, Class B and Class C shares of the AllianceBernstein International Portfolio and the AllianceBernstein Tax-Managed International Portfolio (the “Prospectuses”).

The following chart replaces the chart under the heading “Portfolio Managers” in the summary section of the Prospectuses and in the Summary Prospectuses for each Portfolio and reflects those persons responsible for day-to-day management of each Portfolio’s portfolio.

 

Employee

     Length of Service     

Title

Sharon E. Fay      Since 2013      Senior Vice President of the Manager
Kent W. Hargis      Since 2013      Senior Vice President of the Manager
Laurent Saltiel      Since 2012      Senior Vice President of the Manager
Karen Sesin      Since 2011      Senior Vice President of the Manager
Kevin F. Simms      Since 2012      Senior Vice President of the Manager

The following chart replaces the chart under the heading “Management of the Portfolios — Portfolio Managers” in the Prospectuses with respect to each Portfolio.

 

Employee; Length of Service; Title

  

Principal Occupation During
the Past Five (5) Years

Sharon E. Fay; since 2013; Senior Vice President of the Manager    Senior Vice President of the Manager, with which she has been associated since prior to 2008. She is also Head of AllianceBernstein Equities since 2010 and Chief Investment Officer of Global Value Equities since prior to 2008.
  
Kent W. Hargis; since 2013; Senior Vice President of the Manager    Senior Vice President of the Manager, with which he has been associated in a similar capacity to his current position since prior to 2008, and Director of Quantitative Research Equities.
  
Laurent Saltiel; since 2012; Senior Vice President of the Manager    Team Leader and Senior Portfolio Manager — International Large Cap Growth and Emerging Markets Growth. Mr. Saltiel has been associated with the Manager in a similar capacity since June 2010. Prior thereto, he was associated with Janus Capital as a portfolio manager since prior to 2008.
  
Karen Sesin; since 2011; Senior Vice President of the Manager    Senior Vice President of the Manager, with which she has been associated in a similar capacity to her current position since prior to 2008.
  
Kevin F. Simms; since 2012; Senior Vice President of the Manager    Senior Vice President of the Manager, with which he has been associated in a substantially similar capacity to his current position since prior to 2008. Mr. Simms was appointed Chief Investment Officer of International Value Equities in 2012, after having served as co-CIO since prior to 2008.

This Supplement should be read in conjunction with the Prospectuses for the Portfolios.

You should retain this Supplement with your Prospectuses for future reference.

SUP-0109-0119-0713


SANFORD C. BERNSTEIN FUND, INC.

-International Portfolio

-Tax-Managed International Portfolio

ALLIANCEBERNSTEIN BLENDED STYLE FUNDS

-AllianceBernstein International Portfolio

-AllianceBernstein Tax-Managed International Portfolio

(the “Portfolios”)

 

 

Supplement dated July 24, 2013 to the Statements of Additional Information of the Portfolios dated January 31, 2013.

The section of the Statements of Additional Information entitled “Management of the Fund — Additional Information Regarding Accounts Managed by Portfolio Managers” as it relates solely to the Portfolios is deleted in its entirety and replaced with the following:

International Portfolio

Tax-Managed International Portfolio

The management of and investment decisions for the International Portfolios’ portfolios are made by the International Team. The five investment professionals1 with the most significant responsibility for the day-to-day management of the Portfolios’ portfolios are: Sharon E. Fay, Kent W. Hargis, Laurent Saltiel, Karen Sesin and Kevin F. Simms. For additional information about the portfolio management of the Portfolios, see “Management of the Portfolios” in the Prospectus.

Except as set forth below, the aforementioned individuals did not own shares in the Portfolios’ securities as of September 30, 2012.

 

International Portfolio

  

Dollar Range of Equity Securities in the Portfolio

Kent W. Hargis

   $50,001 - $100,000

Sharon E. Fay*

   $100,001 - $500,000

 

*

Information for Sharon E. Fay is provided as of June 30, 2013.

The following tables provide information regarding other registered investment companies, other pooled investment vehicles and other accounts over which the Portfolios’ portfolio managers also have day-to-day management responsibilities. The tables provide the numbers of such accounts, the total assets in such accounts and the number of accounts and total assets whose fees are based on performance. The information is provided as of September 30, 2012.

 

1

Investment professionals at AllianceBernstein include portfolio managers and research analysts. Investment professionals are part of investment groups (or teams) that service individual fund portfolios. The number of investment professionals assigned to a particular fund will vary from fund to fund.


International Portfolio

REGISTERED INVESTMENT COMPANIES (excluding the Portfolio)

 

 

Portfolio Manager

  Total Number
of Registered
Investment
Companies
Managed
  Total Assets of
Registered
Investment
Companies
Managed
(in  millions)
  Number of
Registered
Investment
Companies
Managed with
Performance-based
Fees
  Total Assets of
Registered
Investment
Companies
Managed with
Performance-
based Fees
(in millions)

Sharon E. Fay*

  75   $15,364   None   None

Kent W. Hargis

  72   $13,133   None   None

Laurent Saltiel

  26   $  3,363   None   None

Karen Sesin

  2   $  4,695   None   None

Kevin F. Simms

  103   $16,108   None   None

Tax-Managed International Portfolio

REGISTERED INVESTMENT COMPANIES (excluding the Portfolio)

 

 

Portfolio Manager

  Total Number
of Registered
Investment
Companies
Managed
  Total Assets of
Registered
Investment
Companies
Managed
(in  millions)
  Number of
Registered
Investment
Companies
Managed  with
Performance-based
Fees
  Total Assets  of
Registered
Investment
Companies
Managed with
Performance-
based Fees
(in millions)

Sharon E. Fay*

  75   $14,565   None   None

Kent W. Hargis

  72   $12,149   None   None

Laurent Saltiel

  26   $  2,380   None   None

Karen Sesin

  2   $  2,728   None   None

Kevin F. Simms

  103   $15,124   None   None

International Portfolio

Tax-Managed International Portfolio

OTHER POOLED INVESTMENT VEHICLES

 

 

Portfolio Manager

   Total
Number of
Pooled
Investment
Vehicles
Managed
   Total Assets of
Pooled
Investment
Vehicles
Managed
(in millions)
   Number of Pooled
Investment
Vehicles Managed
with Performance-
based Fees
   Total Assets of
Pooled
Investment
Vehicles
Managed with
Performance-
based Fees
(in millions)

Sharon E. Fay*

   270    $27,692    7    $775

Kent W. Hargis

   167    $  3,377    2    $149

Laurent Saltiel

   62    $  1,964    1    $  17

Karen Sesin

   None    None    None    None

Kevin F. Simms

   260    $  8,314    5    $650

 

*

Information for Sharon E. Fay is provided as of June 30, 2013.

 

2


International Portfolio

Tax-Managed International Portfolio

OTHER ACCOUNTS

 

 

Portfolio Manager

   Total
Number of
Other
Accounts
Managed
   Total Assets of
Other Accounts
Managed
(in millions)
   Number of Other
Accounts Managed
with Performance-
based Fees
   Total Assets of
Other Accounts
with
Performance-
based Fees
(in millions)

Sharon E. Fay*

   106    $23,704    10    $2,099

Kent W. Hargis

   52,075    $22,566    7    $1,228

Laurent Saltiel

   6    $     625    1    $     37

Karen Sesin

   None    None    None    None

Kevin F. Simms

   28,806    $28,561    14    $3,108

 

*

Information for Sharon E. Fay is provided as of June 30, 2013.

This Supplement should be read in conjunction with the Statements of Additional Information for the Portfolios.

You should retain this Supplement with your Statement of Additional Information for future reference.

 

3