SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-22671

AB Multi-Manager Alternative Fund
(Exact name of registrant as specified in charter)

AllianceBernstein L.P.
1345 Avenue of the Americas, New York, New York 10105
(Address of Principal Executive Office) (Zip Code)

Registrant's Telephone Number, including Area Code:
(800) 221-5672

EMILIE D. WRAPP
AllianceBernstein L.P.
1345 Avenue of the Americas
New York, New York 10105
(Name and address of agent for service)

Copies of communications to:
Paul M. Miller
Seward & Kissel LLP
901 K Street, N.W.
Suite 800
Washington, D.C. 20001

Date of fiscal year end: March 31 

Date of reporting period: July 1, 2019 - June 30, 2020

FORM N-PX

ICA File Number:  811-22671

Registrant Name:  AB Multi-Manager Alternative Fund

Reporting Period:  07/01/2019 - 06/30/2020

AB Multi-Manager Alternative Fund

There is no proxy voting activity for the fund, as the fund did not hold any votable positions during the reporting period.

END NPX REPORT

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Registrant: AB Multi-Manager Alternative Fund
		By:	Beata D. Kirr*
			President
		Date:	August 31, 2020
*By:	/s/ Nancy E. Hay
	Nancy E. Hay
	(Attorney-in-fact)

POWER OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that the person whose signature appears below hereby revokes all prior powers granted by the undersigned to the extent inconsistent herewith and constitutes and appoints Nancy E. Hay, Eric C. Freed, Stephen J. Laffey, Richard A. Leahy and Emilie D. Wrapp and each of them, to act severally as attorney-in-fact and agent, with power of substitution and resubstitution, for the undersigned in any and all capacities, solely for the purpose of signing the Registration Statement, or any amendments thereto, on Form N-2 and any other filings of AB Multi-Manager Alternative Fund and filing the same, with exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that said attorneys-in-fact, or their substitute or substitutes, may do or cause to be done by virtue hereof.

/s/ Beata D. Kirr

Beata D. Kirr

Dated: April 1, 2020