0001752724-24-043592.txt : 20240227 0001752724-24-043592.hdr.sgml : 20240227 20240227172317 ACCESSION NUMBER: 0001752724-24-043592 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240227 DATE AS OF CHANGE: 20240227 PERIOD START: 20240930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BERNSTEIN SANFORD C FUND INC CENTRAL INDEX KEY: 0000832808 ORGANIZATION NAME: IRS NUMBER: 133464161 STATE OF INCORPORATION: MD FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-05555 FILM NUMBER: 24688677 BUSINESS ADDRESS: STREET 1: ALLIANCEBERNSTEIN LP STREET 2: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 2129691000 MAIL ADDRESS: STREET 1: ALLIANCEBERNSTEIN LP STREET 2: 1345 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10153 0000832808 S000011053 Short Duration Plus Portfolio C000030486 AB Short Duration Class A ADPAX C000030488 AB Short Duration Class C ADPCX C000084882 Short Duration Plus Class NPORT-P 1 primary_doc.xml NPORT-P false 0000832808 XXXXXXXX S000011053 C000030486 C000084882 C000030488 BERNSTEIN SANFORD C FUND INC 811-05555 0000832808 549300GA5IHQHIM7CU60 ALLIANCEBERNSTEIN LP 1345 AVENUE OF THE AMERICAS NEW YORK 10105 212-969-1000 Short Duration Plus Portfolio S000011053 549300HCBIZ0OTJC2W76 2024-09-30 2023-12-31 Y 117324338.48 401939.58 116922398.90 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 USD N ICE BofA US Treasuries Index (1-3 Years) G1O2 Chicago Board of Trade 549300EX04Q2QBFQTQ27 US 2YR NOTE (CBT) MAR24 000000000 241.00000000 NC USD 450465.11000000 0.385268446626 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 2 Year U.S. Treasury Notes Futures TUH4 Comdty 2024-03-28 49174823.83000000 USD 450465.11000000 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae REMICS 3136AEHA8 146858.60000000 PA USD 143064.36000000 0.122358385857 Long ABS-MBS USGSE US N 2 2043-06-25 Floating 5.80200000 N N N N N N Drive Auto Receivables Trust N/A Drive Auto Receivables Trust 2021-1 262108AE3 40006.84000000 PA USD 39788.62000000 0.034029938125 Long ABS-O CORP US N 2 2027-06-15 Fixed 1.02000000 N N N N N N HSBC HOLDINGS PLC MLU0ZO3ML4LN2LL2TL39 HSBC Holdings PLC 404280DF3 790000.00000000 PA USD 778900.50000000 0.666168764349 Long DBT CORP GB N 2 2028-06-09 Fixed 4.75500000 N N N N N N AVIATION CAPITAL GROUP 549300ODEK8HY3445C77 Aviation Capital Group LLC 05369AAL5 99000.00000000 PA USD 89752.41000000 0.076762374741 Long DBT CORP US N 2 2026-09-20 Fixed 1.95000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 Freddie Mac Pool 31346YA29 119733.86000000 PA USD 111776.16000000 0.095598585943 Long ABS-MBS USGSE US N 2 2049-10-01 Fixed 3.50000000 N N N N N N Fannie Mae - CAS N/A Fannie Mae Connecticut Avenue Securities 20754AAA1 312253.38000000 PA USD 311223.60000000 0.266179622491 Long ABS-MBS USGSE US N 2 2041-12-25 Floating 6.18700000 N N N N N N STANDARD CHARTERED PLC U4LOSYZ7YG4W3S5F2G91 Standard Chartered PLC 853254CQ1 200000.00000000 PA USD 203058.00000000 0.173669033401 Long DBT CORP GB N 2 2027-01-09 Fixed 6.17000000 N N N N N N Prestige Auto Receivables Trust N/A Prestige Auto Receivables Trust 2022-1 74113RAC3 189335.73000000 PA USD 189245.09000000 0.161855291869 Long ABS-O CORP US N 2 2025-07-15 Fixed 5.90000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Inflation Indexed Bonds 9128287D6 3754722.91000000 PA USD 3478398.77000000 2.974963567908 Long DBT UST US N 2 2029-07-15 Fixed 0.25000000 N N N N N N GSF 2021 1 ISSUER LLC N/A GSF 2021 1 ISSUER LLC 36261CAC5 538000.00000000 PA USD 518979.33000000 0.443866474587 Long ABS-O CORP US N 2 2026-08-15 Variable 3.97200000 N N N N N N MVW Owner Trust N/A MVW 2021-2 LLC 55400KAA3 282798.52000000 PA USD 259718.34000000 0.222128815730 Long ABS-O CORP US N 2 2039-05-20 Fixed 1.43000000 N N N N N N STANDARD CHARTERED PLC U4LOSYZ7YG4W3S5F2G91 Standard Chartered PLC 853254BY5 621000.00000000 PA USD 620099.55000000 0.530351374786 Long DBT CORP GB N 2 2025-01-12 Fixed 0.99100000 N N N N N N SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 Societe Generale SA 83368RBH4 367000.00000000 PA USD 339500.69000000 0.290364116023 Long DBT CORP FR N 2 2028-01-19 Fixed 2.79700000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 Freddie Mac Pool 31339U5V8 215941.02000000 PA USD 201386.79000000 0.172239700771 Long ABS-MBS USGSE US N 2 2049-11-01 Fixed 3.50000000 N N N N N N Freddie Mac - STACR S6XOOCT0IEG5ABCC6L87 Freddie Mac Structured Agency Credit Risk Debt Notes 35564KB24 623373.79000000 PA USD 637852.77000000 0.545535137835 Long ABS-MBS USGSE US N 2 2042-07-25 Floating 7.98700000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 Freddie Mac REMICS 3137B4VN3 227216.95000000 PA USD 223218.36000000 0.190911546547 Long ABS-MBS USGSE US N 2 2039-06-15 Floating 5.95300000 N N N N N N Freddie Mac - STACR 5493000ISE4NWBTOSK36 Freddie Mac STACR REMIC Trust 2021-HQA4 35564KNK1 385802.26000000 PA USD 380991.88000000 0.325850207987 Long ABS-MBS USGSE US N 2 2041-12-25 Floating 6.28700000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Government National Mortgage Association 38373MWF3 242783.68000000 PA USD 3339.78000000 0.002856407353 Long ABS-MBS USGA US N 2 2046-08-16 Variable 0.94000000 N N N N N N Foursight Capital Automobile Receivables Trust N/A Foursight Capital Automobile Receivables Trust 2021-1 35105WAJ8 131061.59000000 PA USD 130060.11000000 0.111236265440 Long ABS-O CORP US N 2 2026-09-15 Fixed 1.02000000 N N N N N N AIB GROUP PLC 635400AKJBGNS5WNQL34 AIB Group PLC 00135TAC8 681000.00000000 PA USD 703132.50000000 0.601366809623 Long DBT CORP IE N 2 2026-10-14 Fixed 7.58300000 N N N N N N SUMITOMO MITSUI FINL GRP 35380028MYWPB6AUO129 Sumitomo Mitsui Financial Group Inc 86562MCT5 757000.00000000 PA USD 763222.54000000 0.652759905014 Long DBT CORP JP N 2 2026-01-13 Fixed 5.46400000 N N N N N N Fannie Mae - CAS B1V7KEBTPIMZEU4LTD58 Fannie Mae Connecticut Avenue Securities 30711XAP9 150773.90000000 PA USD 155448.04000000 0.132949752538 Long ABS-MBS USGSE US N 2 2024-11-25 Floating 10.35200000 N N N N N N Neighborly Issuer LLC N/A Neighborly Issuer LLC 64016NAA5 220404.60000000 PA USD 191249.26000000 0.163569394572 Long ABS-O CORP US N 2 2051-04-30 Fixed 3.58400000 N N N N N N BELLEMEADE RE LT N/A Bellemeade Re 2021-2 Ltd 078777AA7 479987.00000000 PA USD 476546.93000000 0.407575395718 Long ABS-MBS CORP US N 2 2031-09-25 Floating 6.33700000 N N N N N N AXIS Equipment Finance Receivables LLC 549300IFG1NMINYRYF89 Amur Equipment Finance Receivables XI LLC 03236XAB3 205558.20000000 PA USD 204971.62000000 0.175305691576 Long ABS-O CORP US N 2 2028-06-21 Fixed 5.30000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CFN6 5740700.00000000 PA USD 5711099.52000000 4.884521335287 Long DBT UST US N 2 2024-09-30 Fixed 4.25000000 N N N N N N DELTA AIR LINES/SKYMILES N/A Delta Air Lines Inc / SkyMiles IP Ltd 830867AA5 700000.00000000 PA USD 690144.00000000 0.590258159679 Long DBT CORP XX N 2 2025-10-20 Fixed 4.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae Pool 31412CFA3 405.33000000 PA USD 407.02000000 0.000348111229 Long ABS-MBS USGSE US N 2 2037-01-01 Floating 6.81400000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 Freddie Mac REMICS 3137B6VQ1 198651.17000000 PA USD 194199.38000000 0.166092538150 Long ABS-MBS USGSE US N 2 2043-12-15 Floating 5.90300000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Bill - WI Post Auction 912797JA6 18955300.00000000 PA USD 18896973.03000000 16.16197854968 Long STIV UST US N 2 2024-01-30 None 0.00000000 N N N N N N Carvana Auto Receivables Trust N/A Carvana Auto Receivables Trust 2021-N1 14687DAC6 150660.68000000 PA USD 142270.46000000 0.121679388499 Long ABS-O CORP US N 2 2028-01-10 Fixed 1.30000000 N N N N N N Fannie Mae - CAS N/A Fannie Mae Connecticut Avenue Securities 20754RAA4 15487.16000000 PA USD 15473.54000000 0.013234025426 Long ABS-MBS USGSE US N 2 2041-10-25 Floating 6.08700000 N N N N N N AVIATION CAPITAL GROUP 549300ODEK8HY3445C77 Aviation Capital Group LLC 05369AAK7 298000.00000000 PA USD 276067.20000000 0.236111474445 Long DBT CORP US N 2 2026-01-30 Fixed 1.95000000 N N N N N N Enact Mortgage Insurance Corporation N/A Triangle Re 2021-3 Ltd 89600HAA7 52876.04000000 PA USD 52920.37000000 0.045261105226 Long ABS-MBS CORP BM N 2 2034-02-25 Floating 7.23700000 N N N N N N HFX FUNDING ISSUER N/A HFX FUNDING ISSUER 40422GAE0 470000.00000000 PA USD 457027.25000000 0.390880835750 Long ABS-MBS CORP US N 2 2035-03-15 Variable 3.64700000 N N N N N N Ford Credit Auto Owner Trust/Ford Credit N/A Ford Credit Auto Owner Trust 2021-REV1 345340AC7 202000.00000000 PA USD 185289.67000000 0.158472347251 Long ABS-O CORP US N 2 2033-10-17 Fixed 1.91000000 N N N N N N Hertz Vehicle Financing LLC 549300MNOMKDMDFI8J66 Hertz Vehicle Financing III LLC 42806MAJ8 562000.00000000 PA USD 536975.43000000 0.459257965156 Long ABS-O CORP US N 2 2026-06-25 Fixed 1.99000000 N N N N N N Affirm Inc N/A Affirm Asset Securitization Trust 2021-Z1 00834CAA3 22291.82000000 PA USD 22041.77000000 0.018851623134 Long ABS-O CORP US N 2 2025-08-15 Fixed 1.07000000 N N N N N N ALEXANDER FUND TRUST II N/A Alexander Funding Trust II 014916AA8 240000.00000000 PA USD 252081.60000000 0.215597355486 Long DBT CORP US N 2 2028-07-31 Fixed 7.46700000 N N N N N N LCH Limited F226TOH6YD6XJB17KS62 Long: BS2LRD1 IRS USD R V 00MSOFR IS2LRE2 CCPOIS / Short: BS2LRD1 IRS USD P F 1.36500 IS2LRD1 CCPOIS 000000000 2830000.00000000 OU Notional Amount USD 455010.04000000 0.389155580351 N/A DIR US N 2 LCH Limited F226TOH6YD6XJB17KS62 N/A N/A Y 2031-05-21 341135.72000000 USD 0.00000000 USD 2830000.00000000 USD 113874.32000000 N N N ACM Auto Trust N/A ACM Auto Trust 2023-1 00461VAA1 119322.13000000 PA USD 119252.84000000 0.101993151972 Long ABS-O CORP US N 2 2030-01-22 Fixed 6.61000000 N N N N N N SANTANDER UK GROUP HLDGS 549300F5XIFGNNW4CF72 Santander UK Group Holdings PLC 80281LAS4 407000.00000000 PA USD 414826.61000000 0.354787973820 Long DBT CORP GB N 2 2026-11-21 Fixed 6.83300000 N N N N N N HSBC HOLDINGS PLC MLU0ZO3ML4LN2LL2TL39 HSBC Holdings PLC 404280DA4 595000.00000000 PA USD 577179.75000000 0.493643438237 Long DBT CORP GB N 2 2026-03-10 Fixed 2.99900000 N N N N N N Freddie Mac - STACR 5493000ISONLNOUKGB71 Freddie Mac STACR REMIC Trust 2021-DNA6 35564KKR9 208088.39000000 PA USD 207314.05000000 0.177309097273 Long ABS-MBS USGSE US N 2 2041-10-25 Floating 6.13700000 N N N N N N College Ave Student Loans N/A College Ave Student Loans 2021-C LLC 19424WAB3 363849.36000000 PA USD 314692.80000000 0.269146718644 Long ABS-O CORP US N 2 2055-07-26 Fixed 2.32000000 N N N N N N Glencore Funding LLC 213800STG1QDNBY87K49 Glencore Funding LLC 378272AH1 623000.00000000 PA USD 620165.35000000 0.530407651429 Long DBT CORP US N 2 2024-04-29 Fixed 4.62500000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CFX4 8826400.00000000 PA USD 8793301.00000000 7.520629992821 Long DBT UST US N 2 2024-11-30 Fixed 4.50000000 N N N N N N GSF 2021 1 ISSUER LLC N/A GSF 2021 1 ISSUER LLC 36261CAE1 18000.00000000 PA USD 16932.36000000 0.014481707661 Long ABS-O CORP US N 2 2026-08-15 Variable 3.97900000 N N N N N N LSTAR Commercial Mortgage Trust N/A LSTAR Commercial Mortgage Trust 2016-4 50219QAC8 109260.47000000 PA USD 106899.22000000 0.091427494650 Long ABS-MBS CORP US N 2 2049-03-10 Fixed 2.57900000 N N N N N N Donlen Fleet Lease Funding 549300ZWUQETU54FDP26 Donlen Fleet Lease Funding 2 LLC 257812AF4 371000.00000000 PA USD 356016.31000000 0.304489399250 Long ABS-O CORP US N 2 2034-12-11 Fixed 1.20000000 N N N N N N Exeter Automobile Receivables Trust N/A Exeter Automobile Receivables Trust 2021-2 30166RAE7 8661.56000000 PA USD 8649.17000000 0.007397359343 Long ABS-O CORP US N 2 2026-01-15 Fixed 0.74000000 N N N N N N Chase Mortgage Finance Corporation N/A JPMorgan Chase Bank NA - CHASE 46591HAC4 47759.62000000 PA USD 48176.41000000 0.041203747488 Long ABS-MBS CORP US N 2 2047-04-25 Floating 7.57000000 N N N N N N Cooperatieve Rabobank UA DG3RU1DBUFHT4ZF9WN62 Cooperatieve Rabobank UA 21684AAF3 282000.00000000 PA USD 270316.74000000 0.231193289346 Long DBT CORP NL N 2 2026-07-21 Fixed 3.75000000 N N N N N N Fannie Mae - CAS N/A Connecticut Avenue Securities Trust 2022-R08 20755DAA4 633553.48000000 PA USD 649767.76000000 0.555725648903 Long ABS-MBS USGSE US N 2 2042-07-25 Floating 7.88700000 N N N N N N CAJUN GLOBAL LLC N/A Cajun Global LLC 12803VAA3 99910.00000000 PA USD 88642.85000000 0.075813403448 Long ABS-O CORP US N 2 2051-11-20 Fixed 3.93100000 N N N N N N CPS Auto Trust N/A CPS Auto Receivables Trust 2021-B 12656QAC8 82205.52000000 PA USD 81762.16000000 0.069928568665 Long ABS-O CORP US N 2 2027-03-15 Fixed 1.23000000 N N N N N N BANCO BILBAO VIZCAYA ARG K8MS7FD7N5Z2WQ51AZ71 Banco Bilbao Vizcaya Argentaria SA 05946KAK7 600000.00000000 PA USD 603258.00000000 0.515947334022 Long DBT CORP ES N 2 2026-09-14 Fixed 5.86200000 N N N N N N JPMorgan Chase Bank, NA - CACLN N/A JPMorgan Chase Bank NA - CACLN 48128U2M0 88338.07000000 PA USD 86355.23000000 0.073856874997 Long ABS-O CORP US N 2 2028-12-26 Fixed 0.88900000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 Freddie Mac REMICS 3137APGN4 172013.68000000 PA USD 164414.70000000 0.140618650957 Long ABS-MBS USGSE US N 2 2041-03-15 Fixed 2.50000000 N N N N N N PHILIP MORRIS INTL INC HL3H1H2BGXWVG3BSWR90 Philip Morris International Inc 718172CY3 445000.00000000 PA USD 446263.80000000 0.381675200131 Long DBT CORP US N 2 2026-02-13 Fixed 4.87500000 N N N N N N BELLEMEADE RE LT N/A Bellemeade Re 2022-2 Ltd 07876GAA8 857953.00000000 PA USD 877053.44000000 0.750115844569 Long ABS-MBS CORP US N 2 2032-09-27 Floating 9.33700000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CJB8 9366900.00000000 PA USD 9463496.16000000 8.093826545667 Long DBT UST US N 2 2025-09-30 Fixed 5.00000000 N N N N N N LAS VEGAS SANDS CORP 549300DUOO1KXOHPM605 Las Vegas Sands Corp 517834AG2 227000.00000000 PA USD 222593.93000000 0.190377491476 Long DBT CORP US N 2 2024-08-08 Fixed 3.20000000 N N N N N N Research-Driven Pagaya Motor Asset Trust I N/A Research-Driven Pagaya Motor Asset Trust VII 76088TAA9 369288.69000000 PA USD 365569.29000000 0.312659758471 Long ABS-O CORP US N 2 2030-11-25 Fixed 5.38000000 N N N N N N Chicago Board of Trade 549300EX04Q2QBFQTQ27 US 5YR NOTE (CBT) MAR24 000000000 113.00000000 NC USD 263816.35000000 0.225633713028 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 5 Year U.S. Treasury Notes FVH4 Comdty 2024-03-28 12027582.14000000 USD 263816.35000000 N N N Santander Consumer Auto Receivables Trust N/A Santander Consumer Auto Receivables Trust 2021-A 80282YAG1 727000.00000000 PA USD 680432.89000000 0.581952556910 Long ABS-O CORP US N 2 2027-01-15 Fixed 1.57000000 N N N N N N PNC FINANCIAL SERVICES CFGNEKW0P8842LEUIA51 PNC Financial Services Group Inc/The 693475BT1 323000.00000000 PA USD 335202.94000000 0.286688387472 Long DBT CORP US N 2 2027-10-20 Fixed 6.61500000 N N N N N N Fannie Mae - CAS B1V7KEBTPIMZEU4LTD58 Fannie Mae Connecticut Avenue Securities 30711XAX2 7970.09000000 PA USD 8230.10000000 0.007038942133 Long ABS-MBS USGSE US N 2 2025-05-25 Floating 9.45200000 N N N N N N Marathon Oil Corp 1FRVQX2CRLGC1XLP5727 Marathon Oil Corp 565849AP1 352000.00000000 PA USD 343604.80000000 0.293874230457 Long DBT CORP US N 2 2027-07-15 Fixed 4.40000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Ginnie Mae I Pool 36225BUB2 23440.78000000 PA USD 24461.30000000 0.020920970002 Long ABS-MBS USGA US N 2 2032-03-15 Fixed 7.50000000 N N N N N N Intercontinental Exchange, Inc. 5493000F4ZO33MV32P92 Long: BS2P5R3 CDS USD R V 03MEVENT IS2P5S4 CCPCDX / Short: BS2P5R3 CDS USD P F 5.00000 IS2P5R3 CCPCDX 000000000 1752300.00000000 OU Notional Amount USD -104717.00000000 -0.08956111145 N/A DCR US N 2 Intercontinental Exchange, Inc. 5493000F4ZO33MV32P92 CDX.NA.HY.S41 2I65BRZP8 Y buy protection 2028-12-20 0.00000000 USD -15985.38000000 USD 1752300.00000000 USD -88731.62000000 N N N Fannie Mae - CAS N/A Fannie Mae Connecticut Avenue Securities 20754DAA5 99616.43000000 PA USD 100175.73000000 0.085677108015 Long ABS-MBS USGSE US N 2 2042-04-25 Floating 7.23700000 N N N N N N Freddie Mac - STACR 5493000ISOMSKCX2AW62 Freddie Mac STACR REMIC Trust 2021-DNA7 35564KMA4 495883.37000000 PA USD 493106.18000000 0.421737994292 Long ABS-MBS USGSE US N 2 2041-11-25 Floating 6.18700000 N N N N N N AVIATION CAPITAL GROUP 549300ODEK8HY3445C77 Aviation Capital Group LLC 05369AAH4 65000.00000000 PA USD 64636.65000000 0.055281665966 Long DBT CORP US N 2 2024-12-15 Fixed 5.50000000 N N N N N N Fannie Mae - CAS B1V7KEBTPIMZEU4LTD58 Fannie Mae Connecticut Avenue Securities 20754KAA9 234484.75000000 PA USD 233833.47000000 0.199990311693 Long ABS-MBS USGSE US N 2 2041-11-25 Floating 6.23700000 N N N N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 American Tower Corp 03027XCC2 106000.00000000 PA USD 107753.24000000 0.092157910728 Long DBT US N 2 2028-07-15 Fixed 5.25000000 N N N N N N CONTINENTAL RESOURCES XXRTID9RYWOZ0UPIVR53 Continental Resources Inc/OK 212015AU5 618000.00000000 PA USD 568980.24000000 0.486630658755 Long DBT CORP US N 2 2026-11-15 Fixed 2.26800000 N N N N N N Atalaya Equipment Leasing Fund I LP N/A Atalaya Equipment Leasing Trust 21-1 046497AB9 71363.17000000 PA USD 70702.11000000 0.060469260522 Long ABS-O CORP US N 2 2026-05-15 Fixed 1.23000000 N N N N N N Nelnet Student Loan Trust N/A Nelnet Student Loan Trust 2021-D 64034YAB7 93825.36000000 PA USD 85659.56000000 0.073261890626 Long ABS-O CORP US N 2 2062-04-20 Fixed 1.63000000 N N N N N N Freddie Mac - STACR 5493000IRODEKU3J3Q16 Freddie Mac STACR REMIC Trust 2022-HQA1 35564KTA7 353987.96000000 PA USD 356721.07000000 0.305092158009 Long ABS-MBS USGSE US N 2 2042-03-25 Floating 7.43700000 N N N N N N New Jersey Turnpike Authority 5493005YN67D71KSMI84 NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE 646140DP5 125000.00000000 PA USD 116738.10000000 0.099842375026 Long DBT MUN US N 2 2026-01-01 Fixed 1.04700000 N N N N N N PMT Credit Risk Transfer Trust N/A PMT Credit Risk Transfer Trust 2019-3R 69349MAA4 19227.69000000 PA USD 19254.29000000 0.016467580361 Long ABS-MBS CORP US N 2 2031-11-27 Floating 9.15300000 N N N N N N Banc of America Merrill Lynch Large Loan Inc N/A BAMLL Commercial Mortgage Securities Trust 2013-WBRK 05525BAL4 185000.00000000 PA USD 133248.45000000 0.113963150990 Long ABS-MBS CORP US N 2 2037-03-10 Variable 3.53400000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CGD7 20699200.00000000 PA USD 20589235.50000000 17.60931668671 Long DBT UST US N 2 2024-12-31 Fixed 4.25000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 Freddie Mac Gold Pool 3128MC6J9 1245.43000000 PA USD 1240.41000000 0.001060883125 Long ABS-MBS USGSE US N 2 2025-07-01 Fixed 5.00000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CHX2 585800.00000000 PA USD 598888.97000000 0.512210641959 Long DBT UST US N 2 2028-08-31 Fixed 4.37500000 N N N N N N Dext ABS N/A Dext ABS 2021-1 LLC 23345CAA7 231102.09000000 PA USD 224962.84000000 0.192403544672 Long ABS-O CORP US N 2 2028-02-15 Fixed 1.12000000 N N N N N N BANCO SANTANDER SA 5493006QMFDDMYWIAM13 Banco Santander SA 05964HAQ8 200000.00000000 PA USD 192398.00000000 0.164551875269 Long DBT CORP ES N 2 2028-03-24 Fixed 4.17500000 N N N N N N CarMax Auto Owner Trust N/A Carmax Auto Owner Trust 2021-1 14316NAF6 190000.00000000 PA USD 178853.90000000 0.152968038359 Long ABS-O CORP US N 2 2026-12-15 Fixed 0.94000000 N N N N N N VORNADO REALTY LP 549300BMOJ05INE4YK86 Vornado Realty LP 929043AK3 426000.00000000 PA USD 384128.46000000 0.328532824859 Long DBT US N 2 2026-06-01 Fixed 2.15000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Federal National Mortgage Association 3135G0V34 810000.00000000 PA USD 807849.77000000 0.690928152005 Long DBT USGSE US N 2 2024-02-05 Fixed 2.50000000 N N N N N N PHILIP MORRIS INTL INC HL3H1H2BGXWVG3BSWR90 Philip Morris International Inc 718172CU1 407000.00000000 PA USD 408876.27000000 0.349698837730 Long DBT CORP US N 2 2025-11-17 Fixed 5.00000000 N N N N N N Fannie Mae - CAS B1V7KEBTPIMZEU4LTD58 Fannie Mae Connecticut Avenue Securities 30711XAT1 25691.72000000 PA USD 26457.09000000 0.022627905558 Long ABS-MBS USGSE US N 2 2025-02-25 Floating 9.75200000 N N N N N N KYNDRYL HOLDINGS INC 549300LQ4LWX2R8ZV130 Kyndryl Holdings Inc 50155QAJ9 641000.00000000 PA USD 583957.41000000 0.499440154746 Long DBT CORP US N 2 2026-10-15 Fixed 2.05000000 N N N N N N PROSUS NV 635400Z5LQ5F9OLVT688 Prosus NV 74365PAG3 367000.00000000 PA USD 337295.94000000 0.288478463641 Long DBT CORP NL N 2 2027-01-19 Fixed 3.25700000 N N N N N N Freddie Mac - STACR S6XOOCT0IEG5ABCC6L87 Freddie Mac Structured Agency Credit Risk Debt Notes 3137G0EW5 34125.32000000 PA USD 34439.42000000 0.029454937910 Long ABS-MBS USGSE US N 2 2027-10-25 Floating 8.75200000 N N N N N N BAT INTL FINANCE PLC 21380041YBGOQDFAC823 BAT International Finance PLC 05530QAQ3 238000.00000000 PA USD 247372.44000000 0.211569761078 Long DBT CORP GB N 2 2029-02-02 Fixed 5.93100000 N N N N N N DT Auto Owner Trust N/A DT Auto Owner Trust 2021-2 23345EAE5 133364.27000000 PA USD 131459.47000000 0.112433093433 Long ABS-O CORP US N 2 2027-02-16 Fixed 1.10000000 N N N N N N Hyundai Capital America 549300RIPPWJB5Z0FK07 Hyundai Capital America 44891CAK9 1010000.00000000 PA USD 944582.30000000 0.807871125538 Long DBT CORP US N 2 2026-09-27 Fixed 2.75000000 N N N N N N First Investors Auto Owner Trust N/A First Investors Auto Owner Trust 2021-1 32059FAE9 351000.00000000 PA USD 341541.18000000 0.292109282065 Long ABS-O CORP US N 2 2027-03-15 Fixed 1.17000000 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 Ginnie Mae I Pool 3620AC6T6 195343.15000000 PA USD 197792.36000000 0.169165499391 Long ABS-MBS USGA US N 2 2039-10-15 Fixed 5.00000000 N N N N N N Freddie Mac - STACR 5493000ISA3AUOXQEF68 Freddie Mac STACR REMIC Trust 2022-DNA2 35564KRE1 274844.35000000 PA USD 274845.37000000 0.235066482201 Long ABS-MBS USGSE US N 2 2042-02-25 Floating 6.63700000 N N N N N N Freddie Mac - STACR 5493000ISBDRXIMCHZ70 Freddie Mac STACR REMIC Trust 2022-DNA1 35564KPU7 285674.82000000 PA USD 284740.06000000 0.243529095091 Long ABS-MBS USGSE US N 2 2042-01-25 Floating 6.33700000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 Freddie Mac Pool 31346YAV5 155281.85000000 PA USD 144864.52000000 0.123898005311 Long ABS-MBS USGSE US N 2 2049-11-01 Fixed 3.50000000 N N N N N N CAIXABANK SA 7CUNS533WID6K7DGFI87 CaixaBank SA 12803RAB0 228000.00000000 PA USD 233704.56000000 0.199880059080 Long DBT CORP ES N 2 2027-09-13 Fixed 6.68400000 N N N N N N Santander Drive Auto Receivables Trust N/A Santander Drive Auto Receivables Trust 2020-4 80286WAG1 306411.82000000 PA USD 299666.59000000 0.256295280304 Long ABS-O CORP US N 2 2027-01-15 Fixed 1.48000000 N N N N N N GCT Commercial Mortgage Trust N/A GCT Commercial Mortgage Trust 2021-GCT 36167RAC7 469006.00000000 PA USD 194400.22000000 0.166264310199 Long ABS-MBS CORP US N 2 2038-02-15 Floating 6.72600000 N N N N N N SOCIETE GENERALE O2RNE8IBXP4R0TD8PU41 Societe Generale SA 83368RBQ4 273000.00000000 PA USD 277586.40000000 0.237410797769 Long DBT CORP FR N 2 2027-01-12 Fixed 6.44700000 N N N N N N BANK OF IRELAND GROUP 635400C8EK6DRI12LJ39 Bank of Ireland Group PLC 06279JAC3 343000.00000000 PA USD 346800.44000000 0.296607359464 Long DBT CORP IE N 2 2026-09-16 Fixed 6.25300000 N N N N N N JPMorgan Chase Bank, NA - CACLN N/A JPMorgan Chase Bank NA - CACLN 46591HAY6 2723.41000000 PA USD 2713.45000000 0.002320727273 Long ABS-O CORP US N 2 2028-02-25 Fixed 1.48700000 N N N N N N Avant Loans Funding Trust N/A Avant Loans Funding Trust 2021-REV1 05353LAA3 246387.62000000 PA USD 244632.90000000 0.209226719859 Long ABS-O CORP US N 2 2030-07-15 Fixed 1.21000000 N N N N N N GSF 2021 1 ISSUER LLC N/A GSF 2021 1 ISSUER LLC 36261CAA9 379663.55000000 PA USD 365224.45000000 0.312364827814 Long ABS-O CORP US N 2 2026-08-15 Variable 1.43300000 N N N N N N Nelnet Student Loan Trust N/A Nelnet Student Loan Trust 2021-C 64035GAB5 284886.73000000 PA USD 255666.78000000 0.218663645636 Long ABS-O CORP US N 2 2062-04-20 Fixed 1.32000000 N N N N N N COLONY MORTGAGE CAPITAL LTD N/A CLNY Trust 2019-IKPR 12564NAL6 180000.00000000 PA USD 164908.71000000 0.141041161959 Long ABS-MBS CORP US N 2 2038-11-15 Floating 7.50000000 N N N N N N DEUTSCHE BANK NY 7LTWFZYICNSX8D621K86 Deutsche Bank AG/New York NY 25160PAN7 164000.00000000 PA USD 170355.00000000 0.145699200155 Long DBT CORP DE N 2 2027-07-13 Fixed 7.14600000 N N N N N N Freddie Mac - STACR 5493000IS349P4O9HR58 Freddie Mac STACR REMIC Trust 2022-DNA5 35564KYN3 351856.47000000 PA USD 361203.71000000 0.308926017083 Long ABS-MBS USGSE US N 2 2042-06-25 Floating 8.28700000 N N N N N N DANSKE BANK A/S MAES062Z21O4RZ2U7M96 Danske Bank A/S 23636ABD2 353000.00000000 PA USD 350973.78000000 0.300176684110 Long DBT CORP DK N 2 2025-03-28 Fixed 3.77300000 N N N N N N Freddie Mac - STACR 5493000ISU5NYXNHD479 Freddie Mac STACR REMIC Trust 2021-DNA5 35564KHE2 124163.54000000 PA USD 124683.21000000 0.106637574299 Long ABS-MBS USGSE US N 2 2034-01-25 Floating 6.98700000 N N N N N N Freddie Mac - STACR 5493000IS4CDPWRMWB65 Freddie Mac STACR REMIC Trust 2022-DNA4 35564KWS4 252780.57000000 PA USD 256331.81000000 0.219232424592 Long ABS-MBS USGSE US N 2 2042-05-25 Floating 7.53700000 N N N N N N VAR ENERGI ASA 549300LIVN3FFOJN2K47 Var Energi ASA 92212WAD2 349000.00000000 PA USD 370952.10000000 0.317263504247 Long DBT CORP NO N 2 2028-01-15 Fixed 7.50000000 N N N N N N Flagship Credit Auto Trust N/A Flagship Credit Auto Trust 2020-4 33845XAC1 443108.38000000 PA USD 434101.71000000 0.371273352312 Long ABS-O CORP US N 2 2027-02-16 Fixed 1.28000000 N N N N N N CANADIAN NATL RESOURCES 549300T15RIMIKZC5Q38 Canadian Natural Resources Ltd 136385AZ4 663000.00000000 PA USD 631878.78000000 0.540425774654 Long DBT CORP CA N 2 2025-07-15 Fixed 2.05000000 N N N N N N CPS Auto Trust N/A CPS Auto Receivables Trust 2023-A 12664LAA3 148129.46000000 PA USD 147949.19000000 0.126536225215 Long ABS-O CORP US N 2 2026-03-16 Fixed 5.54000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 Fannie Mae REMICS 3136AKWD1 250862.73000000 PA USD 244328.56000000 0.208966427561 Long ABS-MBS USGSE US N 2 2044-08-25 Floating 5.48700000 N N N N N N HARLEY-DAVIDSON FINL SER RLUFFFFW4GRYU77BTS24 Harley-Davidson Financial Services Inc 41283LBA2 577000.00000000 PA USD 536765.79000000 0.459078666748 Long DBT CORP US N 2 2027-02-14 Fixed 3.05000000 N N N N N N United States Treasury 254900HROIFWPRGM1V77 United States Treasury Note/Bond 91282CFQ9 11469800.00000000 PA USD 11419619.63000000 9.766836583439 Long DBT UST US N 2 2024-10-31 Fixed 4.37500000 N N N N N N NATIONWIDE BLDG SOCIETY 549300XFX12G42QIKN82 Nationwide Building Society 63861VAF4 310000.00000000 PA USD 288194.60000000 0.246483653013 Long DBT CORP GB N 2 2028-02-16 Fixed 2.97200000 N N N N N N Enterprise Fleet Financing LLC N/A Enterprise Fleet Financing 2023-2 LLC 29375NAB1 720000.00000000 PA USD 721945.66000000 0.617457105560 Long ABS-O CORP US N 2 2030-04-22 Fixed 5.56000000 N N N N N N UBS GROUP AG 549300SZJ9VS8SGXAN81 UBS Group AG 225401AY4 479000.00000000 PA USD 485203.05000000 0.414978699175 Long DBT CORP CH N 2 2026-07-15 Fixed 6.37300000 N N N N N N WARNERMEDIA HOLDINGS INC 549300DXR29GD4N0A520 Warnermedia Holdings Inc 55903VAY9 359000.00000000 PA USD 351583.06000000 0.300697781868 Long DBT CORP US N 2 2025-03-15 Fixed 3.78800000 N N N N N N SANTANDER HOLDINGS USA 549300SMVCQN2P0O6I58 Santander Holdings USA Inc 80282KBF2 159000.00000000 PA USD 164477.55000000 0.140672404558 Long DBT CORP US N 2 2029-03-09 Fixed 6.49900000 N N N N N N WEA FINANCE LLC/WESTFIEL N/A WEA Finance LLC / Westfield UK & Europe Finance PLC 92890HAC6 1072000.00000000 PA USD 1050195.52000000 0.898198745390 Long DBT US N 2 2024-09-17 Fixed 3.75000000 N N N N N N 2024-01-31 BERNSTEIN SANFORD C FUND INC Joseph Mantineo Joseph Mantineo Treasurer and Chief Financial Officer XXXX NPORT-EX 2 NPORT_2R02_56953880_1223.htm HTML

Sanford C. Bernstein Fund, Inc.

Schedule of Investments

Short Duration Plus Portfolio

December 31, 2023 (unaudited)

 

      Principal
Amount
(000)		        U.S. $ Value  

GOVERNMENTS - TREASURIES – 49.7%

 

United States – 49.7%

 

U.S. Treasury Notes
4.25%, 09/30/2024

    U.S.$          5,741        $ 5,711,100  

4.25%, 12/31/2024

         20,699            20,589,235  

4.375%, 10/31/2024

         11,470          11,419,620  

4.375%, 08/31/2028

         586          598,889  

4.50%, 11/30/2024

         8,826          8,793,301  

5.00%, 09/30/2025

         9,367          9,463,496  
          

 

 

  

Total Governments - Treasuries
(cost $56,642,734)

 

        56,575,641  
          

 

 

  

CORPORATES - INVESTMENT GRADE – 15.5%

 

Financial Institutions – 8.9%

 

Banking – 7.1%

 

AIB Group PLC
7.583%, 10/14/2026(a)

         681          703,132  

Banco Bilbao Vizcaya Argentaria SA
5.862%, 09/14/2026

         600          603,258  

Banco Santander SA
4.175%, 03/24/2028

         200          192,398  

Bank of Ireland Group PLC
6.253%, 09/16/2026(a)

         343          346,800  

CaixaBank SA
6.684%, 09/13/2027(a)

         228          233,705  

Cooperatieve Rabobank UA
3.75%, 07/21/2026

         282          270,317  

Danske Bank A/S
3.773%, 03/28/2025(a)

         353          350,974  

Deutsche Bank AG/New York NY
7.146%, 07/13/2027

         164          170,355  

HSBC Holdings PLC
2.999%, 03/10/2026

         595          577,180  

4.755%, 06/09/2028

         790          778,900  

Nationwide Building Society
2.972%, 02/16/2028(a)

         310          288,195  

PNC Financial Services Group, Inc. (The)
6.615%, 10/20/2027

         323          335,203  

Santander Holdings USA, Inc.
6.499%, 03/09/2029

         159          164,478  

Santander UK Group Holdings PLC
6.833%, 11/21/2026

         407          414,827  

Societe Generale SA
2.797%, 01/19/2028(a)

         367          339,501  

6.447%, 01/12/2027(a)

         273          277,586  

Standard Chartered PLC
0.991%, 01/12/2025(a)

         621          620,099  

6.17%, 01/09/2027(a)

         200          203,058  

Sumitomo Mitsui Financial Group, Inc.
5.464%, 01/13/2026

         757          763,222  

UBS Group AG
6.373%, 07/15/2026(a)

         479          485,203  
          

 

 

  
             8,118,391  
          

 

 

  

 

1

      Principal
Amount
(000)		        U.S. $ Value  

Finance – 0.4%

           

Aviation Capital Group LLC
1.95%, 01/30/2026(a)

    U.S.$          298        $      276,067  

1.95%, 09/20/2026(a)

         99          89,753  

5.50%, 12/15/2024(a)

         65          64,637  
          

 

 

  
                  430,457  
          

 

 

  

REITs – 1.4%

           

American Tower Corp.
5.25%, 07/15/2028

         106          107,753  

Vornado Realty LP
2.15%, 06/01/2026

         426          384,128  

WEA Finance LLC/Westfield UK & Europe Finance PLC
3.75%, 09/17/2024(a)

          1,072          1,050,196  
          

 

 

  
             1,542,077  
          

 

 

  
             10,090,925  
          

 

 

  

Industrial – 6.4%

           

Basic – 0.5%

           

Glencore Funding LLC
4.625%, 04/29/2024(a)

         623          620,165  
          

 

 

  

Communications - Media – 0.6%

           

Prosus NV
3.257%, 01/19/2027(a)

         367          337,296  

Warnermedia Holdings, Inc.
3.788%, 03/15/2025

         359          351,583  
          

 

 

  
             688,879  
          

 

 

  

Consumer Cyclical - Automotive – 1.3%

           

Harley-Davidson Financial Services, Inc.
3.05%, 02/14/2027(a)

         577          536,766  

Hyundai Capital America
2.75%, 09/27/2026(a)

         1,010          944,582  
          

 

 

  
             1,481,348  
          

 

 

  

Consumer Cyclical - Other – 0.2%

           

Las Vegas Sands Corp.
3.20%, 08/08/2024

         227          222,594  
          

 

 

  

Consumer Non-Cyclical – 1.0%

           

BAT International Finance PLC
5.931%, 02/02/2029

         238          247,373  

Philip Morris International, Inc.
4.875%, 02/13/2026

         445          446,264  

5.00%, 11/17/2025

         407          408,876  
          

 

 

  
             1,102,513  
          

 

 

  

Energy – 1.7%

           

Canadian Natural Resources Ltd.
2.05%, 07/15/2025

         663          631,879  

Continental Resources, Inc./OK
2.268%, 11/15/2026(a)

         618          568,980  

 

2

      Principal
Amount
(000)		        U.S. $ Value  

Marathon Oil Corp.
4.40%, 07/15/2027

    U.S.$            352        $ 343,605  

Var Energi ASA
7.50%, 01/15/2028(a)

         349          370,952  
          

 

 

  
                1,915,416  
          

 

 

  

Technology – 0.5%

 

Kyndryl Holdings, Inc.
2.05%, 10/15/2026

         641          583,957  
          

 

 

  

Transportation - Airlines – 0.6%

 

Delta Air Lines, Inc./SkyMiles IP Ltd.
4.50%, 10/20/2025(a)

         700          690,144  
          

 

 

  
             7,305,016  
          

 

 

  

Utility – 0.2%

 

Electric – 0.2%

 

Alexander Funding Trust II
7.467%, 07/31/2028(a)

         240          252,081  
          

 

 

  

Total Corporates - Investment Grade
(cost $17,854,038)

 

        17,648,022  
          

 

 

  

COLLATERALIZED MORTGAGE OBLIGATIONS – 6.5%

 

Risk Share Floating Rate – 5.6%

 

Bellemeade Re Ltd.
Series 2021-3A, Class A2
6.337% (SOFR + 1.00%), 09/25/2031(a) (b)

         480          476,547  

Series 2022-2, Class M1A
9.337% (SOFR + 4.00%), 09/27/2032(a) (b)

         858          877,053  

Connecticut Avenue Securities Trust
Series 2021-R01, Class 1M1
6.087% (SOFR + 0.75%), 10/25/2041(a) (b)

         15          15,474  

Series 2021-R03, Class 1M1
6.187% (SOFR + 0.85%), 12/25/2041(a) (b)

         312          311,224  

Series 2022-R05, Class 2M1
7.237% (SOFR + 1.90%), 04/25/2042(a) (b)

         100          100,176  

Series 2022-R08, Class 1M1
7.887% (SOFR + 2.55%), 07/25/2042(a) (b)

         634          649,768  

Federal Home Loan Mortgage Corp. Structured Agency Credit Risk Debt Notes
Series 2015-DNA1, Class M3
8.752% (SOFR + 3.41%), 10/25/2027(b)

         34          34,439  

Series 2021-DNA5, Class M2
6.987% (SOFR + 1.65%), 01/25/2034(a) (b)

         124          124,683  

 

3

      Principal
Amount
(000)		        U.S. $ Value  

Series 2021-DNA6, Class M1
6.137% (SOFR + 0.80%), 10/25/2041(a) (b)

    U.S.$             208        $ 207,314  

Series 2021-DNA7, Class M1

6.187% (SOFR + 0.85%), 11/25/2041(a) (b)

      

 

496

 

     

 

493,106

 

Series 2021-HQA4, Class M1

6.287% (SOFR + 0.95%), 12/25/2041(a) (b)

      

 

386

 

     

 

380,992

 

Series 2022-DNA1, Class M1A

6.337% (SOFR + 1.00%), 01/25/2042(a) (b)

      

 

286

 

     

 

284,740

 

Series 2022-DNA2, Class M1A

6.637% (SOFR + 1.30%), 02/25/2042(a) (b)

      

 

275

 

     

 

274,845

 

Series 2022-DNA4, Class M1A

7.537% (SOFR + 2.20%), 05/25/2042(a) (b)

      

 

253

 

     

 

256,332

 

Series 2022-DNA5, Class M1A

8.287% (SOFR + 2.95%), 06/25/2042(a) (b)

      

 

352

 

     

 

361,204

 

Series 2022-HQA1, Class M1A

7.437% (SOFR + 2.10%), 03/25/2042(a) (b)

      

 

354

 

     

 

356,721

 

Series 2022-HQA2, Class M1A

7.987% (SOFR + 2.65%), 07/25/2042(a) (b)

      

 

623

 

     

 

637,853

 

Federal National Mortgage Association Connecticut Avenue Securities
Series 2014-C04, Class 1M2
10.352% (SOFR + 5.01%), 11/25/2024(b)

         151          155,448  

Series 2015-C01, Class 1M2

9.752% (SOFR + 4.41%), 02/25/2025(b)

      

 

26

 

     

 

26,457

 

Series 2015-C02, Class 1M2

9.452% (SOFR + 4.11%), 05/25/2025(b)

      

 

8

 

     

 

8,230

 

Series 2021-R02, Class 2M1

6.237% (SOFR + 0.90%), 11/25/2041(a) (b)

      

 

234

 

     

 

233,834

 

PMT Credit Risk Transfer Trust
Series 2019-3R, Class A
9.153% (SOFR + 3.81%), 11/27/2031(a) (b)

         19          19,254  

Triangle Re Ltd.
Series 2021-3, Class M1A
7.237% (SOFR + 1.90%), 02/25/2034(a) (b)

         53          52,920  
          

 

 

  
                6,338,614  
          

 

 

  

 

4

      Principal
Amount
(000)		        U.S. $ Value  

Agency Floating Rate – 0.7%

           

Federal Home Loan Mortgage Corp. REMICs
Series 4248, Class QF
5.953% (SOFR + 0.61%), 06/15/2039(b)

    U.S.$             227        $      223,218  

Series 4286, Class VF

5.903% (SOFR + 0.56%), 12/15/2043(b)

      

 

199

 

     

 

194,200

 

Federal National Mortgage Association REMICs
Series 2013-57, Class FN
5.802% (SOFR + 0.46%), 06/25/2043(b)

         147          143,064  

Series 2014-49, Class AF

5.487% (SOFR + 0.43%), 08/25/2044(b)

      

 

251

 

     

 

244,329

 

          

 

 

  
             804,811  
          

 

 

  

Agency Fixed Rate – 0.2%

           

Federal Home Loan Mortgage Corp. REMICs
Series 4029, Class NE
2.50%, 03/15/2041

         172          164,415  
          

 

 

  

Non-Agency Floating Rate – 0.0%

           

JPMorgan Chase Bank, NA
Series 2019-CL1, Class M3
7.57% (SOFR + 2.21%), 04/25/2047(a) (b)

         48          48,176  
          

 

 

  

Total Collateralized Mortgage Obligations
(cost $7,328,472)

              7,356,016  
          

 

 

  

ASSET-BACKED SECURITIES – 6.3%

           

Autos - Fixed Rate – 4.6%

           

ACM Auto Trust
Series 2023-1A, Class A
6.61%, 01/22/2030(a)

         119          119,253  

Carmax Auto Owner Trust
Series 2021-1, Class C
0.94%, 12/15/2026

         190          178,854  

Carvana Auto Receivables Trust
Series 2021-N1, Class C
1.30%, 01/10/2028

         151          142,270  

CPS Auto Receivables Trust
Series 2021-B, Class C
1.23%, 03/15/2027(a)

         82          81,762  

Series 2023-A, Class A
5.54%, 03/16/2026(a)

         148          147,949  

Donlen Fleet Lease Funding 2 LLC
Series 2021-2, Class C
1.20%, 12/11/2034(a)

         371          356,016  

Drive Auto Receivables Trust
Series 2021-1, Class C
1.02%, 06/15/2027

         40          39,789  

DT Auto Owner Trust
Series 2021-2A, Class C
1.10%, 02/16/2027(a)

         133          131,460  

Enterprise Fleet Financing LLC
Series 2023-2, Class A2
5.56%, 04/22/2030(a)

         720          721,946  

Exeter Automobile Receivables Trust
Series 2021-1A, Class C
0.74%, 01/15/2026

         9          8,649  

 

5

      Principal
Amount
(000)		        U.S. $ Value  

First Investors Auto Owner Trust
Series 2021-1A, Class C
1.17%, 03/15/2027(a)

    U.S.$          351        $ 341,541  

Flagship Credit Auto Trust
Series 2020-4, Class C
1.28%, 02/16/2027(a)

         443               434,102  

Ford Credit Auto Owner Trust
Series 2021-1, Class C
1.91%, 10/17/2033(a)

         202          185,290  

Foursight Capital Automobile Receivables Trust
Series 2021-1, Class C
1.02%, 09/15/2026(a)

         131          130,060  

Hertz Vehicle Financing III LLC
Series 2022-1A, Class A
1.99%, 06/25/2026(a)

         562          536,975  

JPMorgan Chase Bank, NA - CACLN
Series 2020-2, Class D
1.487%, 02/25/2028(a)

         3          2,713  

Series 2021-2, Class B

0.889%, 12/26/2028(a)

      

 

88

 

     

 

86,355

 

Prestige Auto Receivables Trust
Series 2022-1A, Class A2
5.90%, 07/15/2025(a)

         189          189,245  

Research-Driven Pagaya Motor Asset Trust VII
Series 2022-3A, Class A
5.38%, 11/25/2030(a)

         369          365,569  

Santander Consumer Auto Receivables Trust
Series 2021-AA, Class D
1.57%, 01/15/2027(a)

            727          680,433  

Santander Drive Auto Receivables Trust
Series 2020-4, Class D
1.48%, 01/15/2027

         306          299,667  
          

 

 

  
             5,179,898  
          

 

 

  

Other ABS - Fixed Rate – 1.7%

           

Affirm Asset Securitization Trust
Series 2021-Z1, Class A
1.07%, 08/15/2025(a)

         22          22,042  

Amur Equipment Finance Receivables XI LLC
Series 2022-2A, Class A2
5.30%, 06/21/2028(a)

         206          204,972  

Atalaya Equipment Leasing Trust
Series 2021-1A, Class A2
1.23%, 05/15/2026(a)

         71          70,702  

Avant Loans Funding Trust
Series 2021-REV1, Class A
1.21%, 07/15/2030(a)

         246          244,633  

Cajun Global LLC
Series 2021-1, Class A2
3.931%, 11/20/2051(a)

         100          88,643  

 

6

      Principal
Amount
(000)		        U.S. $ Value  

College Ave Student Loans LLC
Series 2021-C, Class A2
2.32%, 07/26/2055(a)

    U.S.$          364        $ 314,693  

Dext ABS LLC
Series 2021-1, Class A
1.12%, 02/15/2028(a)

            231          224,963  

MVW LLC
Series 2021-2A, Class A
1.43%, 05/20/2039(a)

         283          259,718  

Neighborly Issuer LLC
Series 2021-1A, Class A2
3.584%, 04/30/2051(a)

         220          191,249  

Nelnet Student Loan Trust
Series 2021-CA, Class AFX
1.32%, 04/20/2062(a)

         285          255,667  

Series 2021-DA, Class AFX

1.63%, 04/20/2062(a)

      

 

94

 

     

 

85,659

 

          

 

 

  
                1,962,941  
          

 

 

  

Total Asset-Backed Securities
(cost $7,456,992)

              7,142,839  
          

 

 

  

INFLATION-LINKED SECURITIES – 3.1%

           

United States – 3.1%

           

U.S. Treasury Inflation Index
0.25%, 07/15/2029 (TIPS)
(cost $3,355,215)

         3,755          3,478,399  
          

 

 

  

COMMERCIAL MORTGAGE-BACKED SECURITIES – 1.7%

           

Non-Agency Fixed Rate CMBS – 1.4%

           

BAMLL Commercial Mortgage Securities Trust
Series 2013-WBRK, Class D
3.534%, 03/10/2037(a)

         185          133,249  

GSF
Series 2021-1, Class A1
1.433%, 08/15/2026(c)

         380          365,225  

Series 2021-1, Class A2

2.435%, 08/15/2026(c)

      

 

538

 

     

 

518,979

 

Series 2021-1, Class AS

2.638%, 08/15/2026(c)

      

 

18

 

     

 

16,932

 

HFX Funding Issuer
Series 2017-1A, Class A3
3.647%, 03/15/2035(c)

         470          457,027  

LSTAR Commercial Mortgage Trust
Series 2016-4, Class A2
2.579%, 03/10/2049(a)

         109          106,899  
          

 

 

  
             1,598,311  
          

 

 

  

 

7

      Principal
Amount
(000)		        U.S. $ Value  

Non-Agency Floating Rate CMBS – 0.3%

           

CLNY Trust
Series 2019-IKPR, Class D
7.50% (SOFR + 2.14%), 11/15/2038(a) (b)

    U.S.$          180        $      164,909  

GCT Commercial Mortgage Trust
Series 2021-GCT, Class B
6.727% (SOFR + 1.36%), 02/15/2038(a) (b)

            469          194,400  
          

 

 

  
             359,309  
          

 

 

  

Agency CMBS – 0.0%

           

Government National Mortgage Association
Series 2006-51, Class IO
0.94%, 08/16/2046(d)

         243          3,340  
          

 

 

  

Total Commercial Mortgage-Backed Securities
(cost $2,374,857)

              1,960,960  
          

 

 

  

AGENCIES – 0.7%

           

Agency Debentures – 0.7%

           

Federal National Mortgage Association
2.50%, 02/05/2024
(cost $809,939)

         810          807,850  
          

 

 

  

MORTGAGE PASS-THROUGHS – 0.6%

           

Agency Fixed Rate 30-Year – 0.6%

           

Federal Home Loan Mortgage Corp.
Series 2019
3.50%, 10/01/2049

         120          111,776  

3.50%, 11/01/2049

         371          346,252  

Government National Mortgage Association
Series 2002
7.50%, 03/15/2032

         23          24,461  

Series 2009

5.00%, 10/15/2039

      

 

195

 

     

 

197,792

 

          

 

 

  
             680,281  
          

 

 

  

Agency Fixed Rate 15-Year – 0.0%

           

Federal Home Loan Mortgage Corp. Gold
Series 2011
5.00%, 07/01/2025

         1          1,240  
          

 

 

  

Total Mortgage Pass-Throughs
(cost $744,368)

              681,521  
          

 

 

  

LOCAL GOVERNMENTS - US MUNICIPAL BONDS – 0.1%

           

United States – 0.1%

           

New Jersey Turnpike Authority
Series 2021-B
1.047%, 01/01/2026
(cost $125,000)

         125          116,738  
          

 

 

  

 

8

      Principal
Amount
(000)		        U.S. $ Value  

SHORT-TERM INVESTMENTS – 16.6%

           

U.S. Treasury Bills – 16.6%

           

U.S. Treasury Bill
Zero Coupon, 01/23/2024
(cost $18,894,717)

    U.S.$          18,955        $ 18,896,973  
          

 

 

  

Total Investments – 100.8%
(cost $115,586,332)(e)

              114,664,959  

Other assets less liabilities – (0.8)%

              (856,619 ) 
          

 

 

  

Net Assets – 100.0%

            $  113,808,340  
          

 

 

  

FUTURES

 

Description    Number
of
Contracts		      Expiration
Month		      Current
Notional		      Value and
Unrealized
Appreciation
(Depreciation)		  
Purchased Contracts            
U.S. T-Note 2 Yr (CBT) Futures      234        March 2024      $  48,183,891      $ 435,708  
U.S. T-Note 5 Yr (CBT) Futures      129        March 2024        14,031,774        264,296  
           

 

 

  
            $  700,004  
           

 

 

  

CENTRALLY CLEARED CREDIT DEFAULT SWAPS

 


Description		    Fixed
Rate
(Pay)
Receive		     Payment
Frequency		      Implied
Credit
Spread at
December 31,
2023		    

Notional
Amount
(000)

      Market
Value		    

Upfront
Premiums

Paid

(Received)

     Unrealized
Appreciation
(Depreciation)		  
Buy Contracts                    

CDX-NAHY Series 41, 5 Year Index, 12/20/2028*

      (5.00 )%      Quarterly        3.56%       USD        1,752      $  (104,717 )    $  (15,985 )    $  (88,732 ) 

 

*

Termination date

CENTRALLY CLEARED INTEREST RATE SWAPS

 

                   Rate Type                                  
Notional
Amount
(000)		      Termination
Date		      Payments
made
by the
Fund		      Payments
received
by the
Fund		      Payment
Frequency
Paid/
Received		      Market
Value		        Upfront
Premiums
Paid
(Received)		        Unrealized
Appreciation
(Depreciation)		  
USD      2,830      05/21/2031      1.365%      1 Day SOFR      Annual      $  455,010        $  341,136        $  113,874  

 

(a)

Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At December 31, 2023, the aggregate market value of these securities amounted to $22,885,155 or 20.1% of net assets.

(b)

Floating Rate Security. Stated interest/floor/ceiling rate was in effect at December 31, 2023.

(c)

Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities, which represent 1.19% of net assets as of December 31, 2023, are considered illiquid and restricted. Additional information regarding such securities follows:

 

9

144A/Restricted & Illiquid Securities    Acquisition
Date		    Cost      Market
Value		      Percentage
of
Net Assets

GSF
Series 2021-1, Class A1
1.433%, 08/15/2026

    02/25/2021-08/03/2023    $  367,269      $  365,225      0.32%

GSF
Series 2021-1, Class A2
2.435%, 08/15/2026

    02/25/2021-09/06/2022      547,432        518,979      0.46%

GSF
Series 2021-1, Class AS
2.638%, 08/15/2026

    02/25/2021-04/01/2021      18,267        16,932      0.01%

HFX Funding Issuer
Series 2017-1A, Class A3
3.647%, 03/15/2035

    11/19/2020      498,079        457,027      0.40%

 

(d)

IO - Interest Only.

(e)

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 $1,283,638 and gross unrealized depreciation of investments was $(1,479,865), resulting in net unrealized depreciation of $(196,227).

Glossary:

ABS – Asset-Backed Securities

CBT – Chicago Board of Trade

CDX-NAHY – North American High Yield Credit Default Swap Index

CMBS – Commercial Mortgage-Backed Securities

REIT – Real Estate Investment Trust

REMICs – Real Estate Mortgage Investment Conduits

SOFR – Secured Overnight Financing Rate

TIPS – Treasury Inflation Protected Security

 

10

Sanford C. Bernstein Fund, Inc.

Short Duration Plus 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.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

 

11

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:

 

Governments - Treasuries    $ —      $ 56,575,641     $ —      $ 56,575,641  
Corporates - Investment Grade      —        17,648,022       —        17,648,022  
Collateralized Mortgage Obligations      —        7,356,016       —        7,356,016  
Asset-Backed Securities      —        7,142,839       —        7,142,839  
Inflation-Linked Securities      —        3,478,399       —        3,478,399  
Commercial Mortgage-Backed Securities      —        1,960,960       —        1,960,960  
Agencies      —        807,850       —        807,850  
Mortgage Pass-Throughs      —        681,521       —        681,521  
Local Governments - US Municipal Bonds      —        116,738       —        116,738  
Short-Term Investments      —        18,896,973       —        18,896,973  
  

 

 

     

 

 

    

 

 

     

 

 

  
Total Investments in Securities      —        114,664,959       —        114,664,959  
Other Financial Instruments(a):           
Assets:

 

Futures

      700,004        —       —        700,004  

Centrally Cleared Interest Rate Swaps

      —        455,010       —        455,010  
Liabilities:

 

Centrally Cleared Credit Default Swaps

      —        (104,717 )      —        (104,717 ) 
  

 

 

     

 

 

    

 

 

     

 

 

  
Total    $  700,004      $  115,015,252     $     —      $  115,715,256  
  

 

 

     

 

 

    

 

 

     

 

 

  

 

(a)

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.

 

12