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

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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