Welcome to the Alliance Fair Fund Website

This website provides information on a fund set up as a part of settlement agreements between AllianceBernstein L.P., the United States Securities and Exchange Commission (SEC), and the Attorney General of the State of New York. At the time of the settlements, Alliance was named Alliance Capital Management L.P.

The settlements resolve claims related to market timing in mutual funds. To settle these claims, Alliance paid $250 million into a fund set up by the SEC. The fund is known as the Alliance Fair Fund. The Alliance Fair Fund also includes approximately $71 million from other settlements. The SEC has approved a plan to distribute the Alliance Fair Fund.

The Alliance Fair Fund will be distributed to account holders who, between January 2001 and September 2003:

• Held shares in certain mutual funds in which market timing took place, and
• Lost $10 or more in any one of these funds because of market timing activity.

Please click on the links on the side of this page for more information. If you still have questions, you may call the Fund Administrator at (888) 222-8536, Monday through Friday, from 9:00 a.m. to 7:00 p.m. Eastern Time.