Sanford C. Bernstein Fund, Inc.

Schedule of Investments

Tax-Aware Overlay A Portfolio

December 31, 2023 (unaudited)

Company	Shares			U.S. $ Value
COMMON STOCKS – 50.6%
Information Technology – 13.4%
Communications Equipment – 0.1%
Calix, Inc.(a)			14,708	$	642,592
Lumentum Holdings, Inc.(a)			10,530		551,983
					1,194,575
Electronic Equipment, Instruments & Components – 0.6%
Avnet, Inc.			10,430		525,672
Belden, Inc.			5,826		450,059
CDW Corp./DE			23,300		5,296,556
Fabrinet(a)			4,238		806,428
Littelfuse, Inc.			1,434		383,414
Novanta, Inc.(a)			3,002		505,398
Shoals Technologies Group, Inc. - Class A(a)			4,762		73,986
					8,041,513
IT Services – 0.0%
MongoDB, Inc.(a)			1,490		609,186
Semiconductors & Semiconductor Equipment – 3.3%
Amkor Technology, Inc.			22,083		734,701
Broadcom, Inc.			4,708		5,254,188
FormFactor, Inc.(a)			14,809		617,683
KLA Corp.			4,096		2,381,004
Lattice Semiconductor Corp.(a)			8,792		606,492
MACOM Technology Solutions Holdings, Inc.(a)			8,374		778,364
Monolithic Power Systems, Inc.			768		483,808
NVIDIA Corp.			41,684		20,642,256
NXP Semiconductors NV			32,180		7,390,872
QUALCOMM, Inc.			47,012		6,799,346
Synaptics, Inc.(a)			6,670		760,914
Universal Display Corp.			3,930		751,652
					47,201,280
Software – 6.8%
ACI Worldwide, Inc.(a)			20,341		622,435
Adobe, Inc.(a)			17,320		10,332,516
Autodesk, Inc.(a)			5,110		1,243,940
CommVault Systems, Inc.(a)			6,662		531,961
Fair Isaac Corp.(a)			406		471,424
Five9, Inc.(a)			9,134		718,676
Freshworks, Inc. - Class A(a)			30,690		720,908
Gen Digital, Inc.			189,321		4,320,305
HubSpot, Inc.(a)			906		525,970
Klaviyo, Inc. - Class A(a)			16,160		448,896
Manhattan Associates, Inc.(a)			3,870		833,073
Microsoft Corp.(b)			147,350		55,409,494
Monday.com Ltd.(a)			2,832		531,878
Oracle Corp.			103,428		10,904,414
PTC, Inc.(a)			4,668		816,538
ServiceNow, Inc.(a)			5,998		4,237,526
Smartsheet, Inc. - Class A(a)			11,986		573,122
Workday, Inc. - Class A(a)			8,754		2,416,630
					95,659,706

1

Company	Shares			U.S. $ Value
Technology Hardware, Storage & Peripherals – 2.6%
Apple, Inc.(b)			161,732	$	31,138,262
Western Digital Corp.(a)			91,298		4,781,224
					35,919,486
					188,625,746
Health Care – 8.0%
Biotechnology – 1.5%
Akero Therapeutics, Inc.(a)			4,748		110,866
Arcus Biosciences, Inc.(a)			9,532		182,062
Ascendis Pharma A/S (ADR)(a)			1,978		249,003
Blueprint Medicines Corp.(a)			3,816		351,988
Bridgebio Pharma, Inc.(a)			7,608		307,094
Halozyme Therapeutics, Inc.(a)			7,838		289,692
Intellia Therapeutics, Inc.(a)			5,132		156,444
Karuna Therapeutics, Inc.(a)			1,070		338,350
Legend Biotech Corp. (ADR)(a)			3,844		231,294
Madrigal Pharmaceuticals, Inc.(a)			980		226,520
MoonLake Immunotherapeutics(a)			3,044		183,828
Natera, Inc.(a)			12,986		813,380
Regeneron Pharmaceuticals, Inc.(a)			7,492		6,580,148
Sarepta Therapeutics, Inc.(a)			1,936		186,592
Ultragenyx Pharmaceutical, Inc.(a)			5,602		267,840
Vaxcyte, Inc.(a)			5,414		340,000
Vertex Pharmaceuticals, Inc.(a)			25,702		10,457,480
Viking Therapeutics, Inc.(a)			10,938		203,556
Vir Biotechnology, Inc.(a)			8,544		85,942
Xenon Pharmaceuticals, Inc.(a)			5,462		251,534
					21,813,613
Health Care Equipment & Supplies – 1.2%
AtriCure, Inc.(a)			11,960		426,852
Avantor, Inc.(a)			24,510		559,563
Edwards Lifesciences Corp.(a)			87,582		6,678,128
Envista Holdings Corp.(a)			18,590		447,275
Integra LifeSciences Holdings Corp.(a)			13,710		597,071
iRhythm Technologies, Inc.(a)			4,408		471,726
Lantheus Holdings, Inc.(a)			6,070		376,340
Medtronic PLC			93,040		7,664,636
Shockwave Medical, Inc.(a)			1,016		193,608
					17,415,199
Health Care Providers & Services – 2.5%
Acadia Healthcare Co., Inc.(a)			5,320		413,683
AMN Healthcare Services, Inc.(a)			6,475		484,848
Elevance Health, Inc.			11,624		5,481,414

2

Company	Shares			U.S. $ Value
Guardant Health, Inc.(a)			12,962	$	350,622
HCA Healthcare, Inc.			16,466		4,457,016
Inari Medical, Inc.(a)			8,186		531,370
Pediatrix Medical Group, Inc.(a)			34,795		323,593
UnitedHealth Group, Inc.			44,544		23,450,554
					35,493,100
Life Sciences Tools & Services – 1.6%
Danaher Corp.			5,724		1,324,190
Fortrea Holdings, Inc.(a)			16,269		567,788
ICON PLC(a)			2,260		639,454
Illumina, Inc.(a)			9,222		1,283,932
IQVIA Holdings, Inc.(a)			35,978		8,324,590
Repligen Corp.(a)			3,042		546,952
Thermo Fisher Scientific, Inc.			8,686		4,610,442
Waters Corp.(a)			13,880		4,569,384
					21,866,732
Pharmaceuticals – 1.2%
Intra-Cellular Therapies, Inc.(a)			4,966		355,594
Johnson & Johnson			27,072		4,243,108
Pfizer, Inc.			35,952		1,035,058
Roche Holding AG (Sponsored ADR)			164,550		5,961,610
Viatris, Inc.			23,224		251,505
Zoetis, Inc.			25,984		5,128,462
					16,975,337
					113,563,981
Financials – 6.7%
Banks – 1.9%
Bank of America Corp.			270,448		9,105,984
BankUnited, Inc.			10,902		353,552
Comerica, Inc.			14,540		811,478
First BanCorp./Puerto Rico			43,384		713,667
First Citizens BancShares, Inc./NC - Class A			590		837,192
First Hawaiian, Inc.			33,880		774,497
PNC Financial Services Group, Inc. (The)			16,964		2,626,720
Texas Capital Bancshares, Inc.(a)			9,373		605,777
Webster Financial Corp.			9,154		464,657
Wells Fargo & Co.			195,138		9,604,692
Wintrust Financial Corp.			7,040		652,960
Zions Bancorp NA			11,255		493,757
					27,044,933
Capital Markets – 1.5%
Ares Management Corp. - Class A			5,456		648,828
Cboe Global Markets, Inc.			4,550		812,448
Charles Schwab Corp. (The)			96,520		6,640,506
Goldman Sachs Group, Inc. (The)			21,376		8,246,220
LPL Financial Holdings, Inc.			11,860		2,699,573
Moelis & Co. - Class A			10,539		591,554
PJT Partners, Inc. - Class A			6,404		652,274
Stifel Financial Corp.			8,500		587,775
					20,879,178

3

Company	Shares			U.S. $ Value
Financial Services – 2.0%
Flywire Corp.(a)			18,316	$	424,016
PayPal Holdings, Inc.(a)			42,276		2,596,108
Shift4 Payments, Inc. - Class A(a)			8,350		620,738
Visa, Inc. - Class A			97,066		25,271,133
					28,911,995
Insurance – 1.3%
American Financial Group, Inc./OH			4,481		532,746
Everest Group Ltd.			1,440		509,155
Hanover Insurance Group, Inc. (The)			2,950		358,189
Kemper Corp.			7,170		348,964
Kinsale Capital Group, Inc.			1,960		656,424
Progressive Corp. (The)			78,490		12,501,888
Ryan Specialty Holdings, Inc.(a)			13,552		583,007
Willis Towers Watson PLC			10,824		2,610,748
					18,101,121
					94,937,227
Consumer Discretionary – 5.2%
Automobile Components – 0.1%
Dana, Inc.			28,515		416,604
Goodyear Tire & Rubber Co. (The)(a)			42,649		610,734
					1,027,338
Automobiles – 0.1%
Stellantis NV			98,882		2,305,928
Broadline Retail – 1.5%
Amazon.com, Inc.(a)			136,272		20,705,168
Diversified Consumer Services – 0.0%
ADT, Inc.			89,566		610,840
Hotels, Restaurants & Leisure – 1.0%
Cava Group, Inc.(a)			10,766		462,680
Dine Brands Global, Inc.			8,821		437,963
Domino’s Pizza, Inc.			1,294		533,014
Hyatt Hotels Corp. - Class A			33,386		4,353,868
Papa John’s International, Inc.			6,191		471,940
Restaurant Brands International, Inc.			82,776		6,467,210
Vail Resorts, Inc.			2,004		427,794
Wingstop, Inc.			2,488		638,371
					13,792,840
Household Durables – 0.2%
NVR, Inc.(a)			90		623,040
PulteGroup, Inc.			7,432		767,131
SharkNinja, Inc.			10,444		534,368
Taylor Morrison Home Corp.(a)			9,972		532,007
					2,456,546
Leisure Products – 0.1%
Brunswick Corp./DE			8,160		789,480

4

Company	Shares			U.S. $ Value
Specialty Retail – 1.5%
AutoZone, Inc.(a)			1,886	$	4,873,874
Bath & Body Works, Inc.			19,957		861,344
Dick’s Sporting Goods, Inc.			5,380		790,591
Dynatrace, Inc.(a)			16,894		923,932
Five Below, Inc.(a)			4,380		933,428
Home Depot, Inc. (The)			32,934		11,412,931
Lithia Motors, Inc.			1,948		641,438
Wayfair, Inc. - Class A(a)			8,956		552,586
Williams-Sonoma, Inc.			2,927		590,610
					21,580,734
Textiles, Apparel & Luxury Goods – 0.7%
Deckers Outdoor Corp.(a)			1,254		838,212
NIKE, Inc. - Class B			66,308		7,198,950
PVH Corp.			7,993		976,105
Ralph Lauren Corp.			4,900		706,580
Tapestry, Inc.			14,560		535,954
					10,255,801
					73,524,675
Communication Services – 5.1%
Diversified Telecommunication Services – 0.6%
Comcast Corp. - Class A			199,168		8,733,517
Entertainment – 0.3%
Walt Disney Co. (The)			43,664		3,942,332
Interactive Media & Services – 3.6%
Alphabet, Inc. - Class C(a)			237,898		33,526,965
Meta Platforms, Inc. - Class A(a)			47,510		16,816,640
					50,343,605
Media – 0.1%
Criteo SA (Sponsored ADR)(a)			17,652		446,949
Nexstar Media Group, Inc.			4,740		742,995
					1,189,944
Wireless Telecommunication Services – 0.5%
T-Mobile US, Inc.			47,304		7,584,090
					71,793,488
Industrials – 4.8%
Aerospace & Defense – 0.5%
Axon Enterprise, Inc.(a)			4,312		1,113,919
Curtiss-Wright Corp.			2,308		514,200
Hexcel Corp.			7,310		539,112
Howmet Aerospace, Inc.			10,950		592,560
L3Harris Technologies, Inc.			3,096		651,868
RTX Corp.			28,984		2,438,714
Spirit AeroSystems Holdings, Inc. - Class A(a)			21,510		683,588
					6,533,961

5

Company	Shares			U.S. $ Value
Building Products – 0.5%
AZEK Co., Inc. (The)(a)			15,822	$	605,154
Builders FirstSource, Inc.(a)			8,916		1,488,438
Carlisle Cos., Inc.			1,658		518,008
Lennox International, Inc.			1,386		620,262
Otis Worldwide Corp.			38,562		3,450,142
					6,682,004
Commercial Services & Supplies – 0.1%
ABM Industries, Inc.			12,642		566,741
Stericycle, Inc.(a)			13,914		689,577
Tetra Tech, Inc.			3,820		637,506
					1,893,824
Construction & Engineering – 0.4%
AECOM			11,380		1,051,761
Dycom Industries, Inc.(a)			7,432		855,349
Fluor Corp.(a)			18,986		743,682
MasTec, Inc.(a)			46,828		3,545,816
					6,196,608
Electrical Equipment – 1.0%
BWX Technologies, Inc.			4,232		324,644
Eaton Corp. PLC			42,672		10,276,272
Regal Rexnord Corp.			4,672		691,549
Sensata Technologies Holding PLC			71,451		2,684,414
					13,976,879
Ground Transportation – 0.7%
ArcBest Corp.			5,210		626,294
CSX Corp.			212,944		7,382,734
Knight-Swift Transportation Holdings, Inc.			11,045		636,744
Saia, Inc.(a)			1,250		547,337
XPO, Inc.(a)			6,322		553,656
					9,746,765
Industrial Conglomerates – 0.1%
Honeywell International, Inc.			4,686		982,701
Machinery – 0.9%
Gates Industrial Corp. PLC(a)			16,598		222,745
Ingersoll Rand, Inc.			7,304		564,814
ITT, Inc.			5,134		612,470
Middleby Corp. (The)(a)			5,330		784,416
Oshkosh Corp.			6,637		719,517
PACCAR, Inc.			105,678		10,319,359
					13,223,321
Marine Transportation – 0.0%
Star Bulk Carriers Corp.			24,880		528,949
Passenger Airlines – 0.0%
Alaska Air Group, Inc.(a)			13,528		528,539
Professional Services – 0.4%
Booz Allen Hamilton Holding Corp.			21,416		2,739,192
FTI Consulting, Inc.(a)			2,714		540,494
Korn Ferry			5,880		348,978
Robert Half, Inc.			7,178		631,090
WNS Holdings Ltd. (ADR)(a)			8,450		534,040
					4,793,794

6

Company	Shares			U.S. $ Value
Trading Companies & Distributors – 0.2%
Herc Holdings, Inc.			5,460	$	812,940
SiteOne Landscape Supply, Inc.(a)			3,754		609,862
United Rentals, Inc.			2,680		1,536,192
					2,958,994
					68,046,339
Consumer Staples – 2.7%
Beverages – 0.7%
Celsius Holdings, Inc.(a)			12,694		692,078
Coca-Cola Co. (The)			90,676		5,343,536
Constellation Brands, Inc. - Class A			14,758		3,567,746
					9,603,360
Consumer Staples Distribution & Retail – 1.5%
Costco Wholesale Corp.			11,884		7,844,391
Grocery Outlet Holding Corp.(a)			19,764		532,810
Walmart, Inc.			80,618		12,709,428
					21,086,629
Food Products – 0.2%
Freshpet, Inc.(a)			7,260		629,878
Hain Celestial Group, Inc. (The)(a)			33,030		361,678
Lamb Weston Holdings, Inc.			5,430		586,929
Nomad Foods Ltd.(a)			35,057		594,216
					2,172,701
Household Products – 0.3%
Procter & Gamble Co. (The)			32,334		4,738,224
Personal Care Products – 0.0%
BellRing Brands, Inc.(a)			6,970		386,347
					37,987,261
Energy – 1.7%
Energy Equipment & Services – 0.5%
Baker Hughes Co.			171,070		5,847,138
ChampionX Corp.			18,870		551,193
TechnipFMC PLC			21,144		425,840
					6,824,171
Oil, Gas & Consumable Fuels – 1.2%
Cameco Corp.			16,930		729,683
Chevron Corp.			28,702		4,281,190
ConocoPhillips			8,504		986,944
EOG Resources, Inc.			69,450		8,399,978
HF Sinclair Corp.			8,451		469,622
International Seaways, Inc.			10,150		461,622
Magnolia Oil & Gas Corp. - Class A			29,370		625,287
Permian Resources Corp.			29,880		406,354
Southwestern Energy Co.(a)			55,384		362,765
					16,723,445
					23,547,616

7

Company	Shares			U.S. $ Value
Materials – 1.1%
Chemicals – 1.0%
Corteva, Inc.			43,280	$	2,073,930
Element Solutions, Inc.			27,091		626,886
Linde PLC			15,530		6,377,916
LyondellBasell Industries NV - Class A			56,762		5,396,930
					14,475,662
Containers & Packaging – 0.1%
Berry Global Group, Inc.			10,410		701,530
Metals & Mining – 0.0%
ATI, Inc.(a)			11,260		511,992
					15,689,184
Real Estate – 1.1%
Diversified REITs – 0.0%
Broadstone Net Lease, Inc. - Class A			24,874		428,330
Hotel & Resort REITs – 0.0%
Ryman Hospitality Properties, Inc.			5,651		621,949
Industrial REITs – 0.6%
First Industrial Realty Trust, Inc.			9,408		495,519
Prologis, Inc.			53,274		7,101,424
STAG Industrial, Inc.			18,260		716,888
					8,313,831
Real Estate Management & Development – 0.1%
Jones Lang LaSalle, Inc.(a)			4,640		876,357
Residential REITs – 0.1%
Apartment Income REIT Corp.			18,700		649,451
Specialized REITs – 0.3%
American Tower Corp.			18,462		3,985,577
CubeSmart			10,177		471,704
					4,457,281
					15,347,199
Utilities – 0.8%
Electric Utilities – 0.8%
American Electric Power Co., Inc.			61,446		4,990,644
IDACORP, Inc.			5,356		526,602
NextEra Energy, Inc.			69,920		4,246,941
Portland General Electric Co.			13,710		594,191
					10,358,378

8

Company	Shares			U.S. $ Value
Multi-Utilities – 0.0%
CenterPoint Energy, Inc.			15,059	$	430,236
					10,788,614
Total Common Stocks (cost $337,883,707)					713,851,330
INVESTMENT COMPANIES – 45.8%
Funds and Investment Trusts – 45.8%(c) (d)
AB All Market Real Return Portfolio - Class Z			12,413,312		106,878,616
AB International Small Cap Portfolio - Class Z			7,136,248		79,569,172
Bernstein International Strategic Equities Portfolio - Class Z			33,426,640		386,411,953
Bernstein Small Cap Core Portfolio - Class Z			2,890,508		36,622,736
Sanford C Bernstein Fund, Inc. - Emerging Markets Portfolio - Class Z			1,441,916		36,610,246
Total Investment Companies (cost $572,360,913)					646,092,723
	Notional Amount
PURCHASED OPTIONS - PUTS – 1.3%
Options on Equity Indices – 1.3%
Euro STOXX 50 Index Expiration: Nov 2024; Contracts: 25,720; Exercise Price: EUR 3,650.00; Counterparty: UBS AG(a)		EUR	93,878,000		1,744,163
FTSE 100 Index Expiration: Dec 2024; Contracts: 5,490; Exercise Price: GBP 6,600.00; Counterparty: UBS AG(a)		GBP	36,234,000		690,263
Nikkei 225 Index Expiration: Nov 2024; Contracts: 363,000; Exercise Price: JPY 27,000.00; Counterparty: UBS AG(a)		JPY	9,801,000,000		1,486,782
S&P 500 Index Expiration: Dec 2024; Contracts: 202,000; Exercise Price: USD 3,950.00; Counterparty: UBS AG(a)		USD	797,900,000		14,555,334
Total Purchased Options - Puts (premiums paid $21,888,518)					18,476,542
	Shares
SHORT-TERM INVESTMENTS – 4.0%
Investment Companies – 4.0%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 5.27%(c) (d) (e) (cost $56,785,417)			56,785,417		56,785,417
Total Investments – 101.7% (cost $988,918,555)(f)					1,435,206,012
Other assets less liabilities – (1.7)%					(24,001,798	)
Net Assets – 100.0%				$	1,411,204,214

9

FUTURES

Description	Number of Contracts		Expiration Month		Current Notional			Value and Unrealized Appreciation (Depreciation)
Purchased Contracts
Euro STOXX 50 Index Futures		1,783		March 2024		$	89,421,828		$	(1,086,862	)
FTSE 100 Index Futures		97		March 2024			9,590,219			193,364
Nikkei 225 (OSE) Futures		50		March 2024			11,861,702			134,901
S&P 500 E-Mini Futures		1,182		March 2024			284,862,000			8,619,010
TOPIX Index Futures		270		March 2024			45,306,383			334,566
U.S. T-Note 2 Yr (CBT) Futures		1,231		March 2024			253,480,211			2,607,435
U.S. T-Note 10 Yr (CBT) Futures		3,192		March 2024			360,346,875			12,646,002
U.S. Ultra Bond (CBT) Futures		879		March 2024			117,428,906			9,907,998
Sold Contracts
E-Mini Russell 2000 Futures		151		March 2024			15,460,135			(1,038,868	)
FTSE 100 Index Futures		624		March 2024			61,693,781			(1,364,903	)
Hang Seng Index Futures		2		January 2024			219,402			(9,404	)
MSCI Emerging Markets Futures		497		March 2024			25,687,445			(1,184,096	)
MSCI Singapore IX ETS Futures		11		January 2024			239,795			(8,313	)
OMXS 30 Index Futures		11		January 2024			261,884			(5,747	)
S&P Mid 400 E-Mini Futures		45		March 2024			12,642,750			(618,648	)
S&P/TSX 60 Index Futures		314		March 2024			60,209,894			(1,218,458	)
SPI 200 Futures		461		March 2024			59,570,404			(732,450	)
									$	27,175,527

FORWARD CURRENCY EXCHANGE CONTRACTS

Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation (Depreciation)
Bank of America, NA		CAD	9,331		USD	6,822		01/10/2024		$	(221,034	)
Bank of America, NA		EUR	23,212		USD	24,685		01/10/2024			(947,073	)
Bank of America, NA		JPY	2,940,803		USD	20,542		01/12/2024			(338,149	)
Bank of America, NA		USD	11,847		JPY	1,753,722		01/12/2024			604,730
Bank of America, NA		USD	894		CHF	785		01/18/2024			40,600
Bank of America, NA		GBP	28,532		USD	35,756		01/25/2024			(616,937	)
Bank of America, NA		USD	4,588		GBP	3,608		01/25/2024			11,995
Bank of America, NA		NOK	398,213		USD	38,014		02/16/2024			(1,221,714	)
Bank of America, NA		USD	39,091		NOK	423,891		02/16/2024			2,674,024
Barclays Bank PLC		CAD	4,255		USD	3,109		01/10/2024			(102,442	)
Barclays Bank PLC		EUR	3,205		USD	3,495		01/10/2024			(44,638	)
Barclays Bank PLC		NZD	43,681		USD	26,836		01/11/2024			(777,486	)
Barclays Bank PLC		USD	4,214		NZD	7,224		01/11/2024			352,784
Barclays Bank PLC		USD	2,463		JPY	365,852		01/12/2024			134,822
Barclays Bank PLC		AUD	4,323		USD	2,815		01/25/2024			(133,464	)
Barclays Bank PLC		USD	42,589		AUD	65,149		01/25/2024			1,838,196
Barclays Bank PLC		SEK	260,896		USD	25,206		02/16/2024			(706,394	)
BNP Paribas SA		USD	39,622		CAD	53,695		01/10/2024			906,446
BNP Paribas SA		USD	12,778		EUR	11,599		01/10/2024			30,001
BNP Paribas SA		USD	23,378		NZD	40,127		01/11/2024			1,988,532
Citibank, NA		USD	1,850		CAD	2,467		01/10/2024			12,068
Citibank, NA		AUD	1,577		USD	1,067		01/25/2024			(8,333	)
Citibank, NA		USD	1,939		AUD	2,980		01/25/2024			93,575
Deutsche Bank AG		USD	49,776		EUR	45,648		01/10/2024			630,911
Deutsche Bank AG		USD	3,974		NZD	6,569		01/11/2024			178,933
Deutsche Bank AG		JPY	3,861,669		USD	26,086		01/12/2024			(1,331,814	)
Deutsche Bank AG		CHF	55,819		USD	63,022		01/18/2024			(3,442,603	)
Goldman Sachs Bank USA		EUR	12,272		USD	13,162		01/10/2024			(389,310	)
Goldman Sachs Bank USA		USD	40,306		CAD	55,259		01/10/2024			1,402,737
Goldman Sachs Bank USA		USD	15,782		JPY	2,317,462		01/12/2024			671,574

10

Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation (Depreciation)
Goldman Sachs Bank USA		AUD	3,292		USD	2,192		01/25/2024		$	(52,411	)
Goldman Sachs Bank USA		USD	73,694		GBP	58,265		01/25/2024			583,013
HSBC Bank USA		USD	19,972		EUR	18,193		01/10/2024			117,140
JPMorgan Chase Bank, NA		EUR	25,952		USD	27,798		01/10/2024			(858,770	)
JPMorgan Chase Bank, NA		USD	10,416		NZD	16,746		01/11/2024			169,993
JPMorgan Chase Bank, NA		JPY	1,142,241		USD	8,066		01/12/2024			(43,612	)
Morgan Stanley & Co., Inc.		CAD	100,983		USD	74,985		01/10/2024			(1,235,326	)
Morgan Stanley & Co., Inc.		USD	12,573		EUR	11,850		01/10/2024			512,398
Morgan Stanley & Co., Inc.		GBP	4,092		USD	5,083		01/25/2024			(133,262	)
Morgan Stanley & Co., Inc.		CHF	23,954		USD	27,723		02/15/2024			(881,876	)
State Street Bank & Trust Co.		USD	18,855		JPY	2,784,238		01/12/2024			912,960
UBS AG		CAD	86,650		USD	62,943		01/10/2024			(2,459,774	)
										$	(2,078,990	)

TOTAL RETURN SWAPS

Counterparty & Referenced Obligation

Rate Paid/ Received

Payment Frequency

Current Notional (000)

Maturity Date

Unrealized Appreciation (Depreciation)

Receive Total Return on Reference Obligation

Morgan Stanley Capital Services LLC

Swiss Market Index Futures

0.00

%

Maturity

CHF

554

03/15/2024

$

(2,933

)

(a) Non-income producing security.

(b) Position, or a portion thereof, has been segregated to collateralize margin requirements for open futures contracts.

(c) Affiliated investments.

(d) To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov, or call AB at (800) 227-4618.

(e) The rate shown represents the 7-day yield as of period end.

(f) As of December 31, 2023, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $514,188,268 and gross unrealized depreciation of investments was $(42,807,207), resulting in net unrealized appreciation of $471,381,061.

  Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard & Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the broad market.

Currency Abbreviations:

AUD – Australian Dollar

CAD – Canadian Dollar

CHF – Swiss Franc

EUR – Euro

GBP – Great British Pound

JPY – Japanese Yen

NOK – Norwegian Krone

NZD – New Zealand Dollar

SEK – Swedish Krona

USD – United States Dollar

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Glossary:

ADR – American Depositary Receipt

CBT – Chicago Board of Trade

ETS – Emission Trading Scheme

FTSE – Financial Times Stock Exchange

MSCI – Morgan Stanley Capital International

OMXS – Stockholm Stock Exchange

OSE – Osaka Securities Exchange

REIT – Real Estate Investment Trust

SPI – Share Price Index

TOPIX – Tokyo Price Index

TSX – Toronto Stock Exchange

12

Sanford C. Bernstein Fund, Inc.

Tax-Aware Overlay A Portfolio

December 31, 2023 (unaudited)

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Portfolio. Unobservable inputs reflect the Portfolio’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

• Level 1 - quoted prices in active markets for identical investments

• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 - significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

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Options are valued using market-based inputs to models, broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency, where such inputs and models are available. Alternatively the values may be obtained through unobservable management determined inputs and/or management’s proprietary models. Where models are used, the selection of a particular model to value an option depends upon the contractual terms of, and specific risks inherent in, the option as well as the availability of pricing information in the market. Valuation models require a variety of inputs, including contractual terms, market prices, measures of volatility and correlations of such inputs. Exchange traded options generally will be classified as Level 2. For options that do not trade on exchange but trade in liquid markets, inputs can generally be verified and model selection does not involve significant management judgment. Options are classified within Level 2 on the fair value hierarchy when all of the significant inputs can be corroborated to market evidence. Otherwise such instruments are classified as Level 3.

The following table summarizes the valuation of the Portfolio’s investments by the above fair value hierarchy levels as of December 31, 2023:

Investments in Securities:	Level 1			Level 2			Level 3		Total
Assets:
Common Stocks(a)	$	713,851,330		$	—		$	—	$	713,851,330
Investment Companies		646,092,723			—			—		646,092,723
Purchased Options - Puts		—			18,476,542			—		18,476,542
Short-Term Investments		56,785,417			—			—		56,785,417
Total Investments in Securities		1,416,729,470			18,476,542			—		1,435,206,012
Other Financial Instruments(b):
Assets:
Futures		34,443,276			—			—		34,443,276
Forward Currency Exchange Contracts		—			13,867,432			—		13,867,432
Liabilities:
Futures		(7,267,749	)		—			—		(7,267,749	)
Forward Currency Exchange Contracts		—			(15,946,422	)		—		(15,946,422	)
Total Return Swaps		—			(2,933	)		—		(2,933	)
Total	$	1,443,904,997		$	16,394,619		$	—	$	1,460,299,616

^(a) See Portfolio of Investments for sector classifications.

^(b) Other financial instruments include reverse repurchase agreements and derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.

14

A summary of the Portfolio’s transactions in AB mutual funds for the three months ended December 31, 2023 is as follows:

														Distributions
Fund	Market Value 09/30/2023 (000)		Purchases at Cost (000)		Sales Proceeds (000)		Realized Gain (Loss) (000)			Change in Unrealized Appr./ (Depr.) (000)		Market Value 12/31/2023 (000)		Dividend Income (000)		Realized Gains (000)
AB All Market Real Return Portfolio	$	107,850	$	4,161	$	6,834	$	(1,610	)	$	3,312	$	106,879	$	4,161	$	0
Bernstein Fund, Inc. - International Small Cap Portfolio		73,627		2,279		0		0			3,663		79,569		2,279		0
Bernstein Fund, Inc. - International Strategic Equities Portfolio		356,804		11,537		0		0			18,071		386,412		11,536		0
Bernstein Fund, Inc. - Small Cap Core Portfolio		31,892		2,852		0		0			1,879		36,623		2,852		0
Government Money Market Portfolio		0		217,452		160,667		0			0		56,785		671		0
Sanford C. Bernstein Fund, Inc. - Emerging Markets Portfolio		34,182		676		0		0			1,752		36,610		676		0
Total	$	604,355	$	238,957	$	167,501	$	(1,610	)	$	28,677	$	702,878	$	22,175	$	0

15