| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BERNSTEIN INTERMEDIATE DURATION PORTFOLI | 685,025 | 672,223 |
| ALLIANCEBERNSTEIN GLOBAL REAL ESTATE | 181,643 | 215,531 |
| BERNSTEIN INTERNATIONAL PORTFOLIO | 216,916 | 239,918 |
| BERNSTEIN EMERGING MARKETS | 97,741 | 92,318 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| VISA INC | AT COST | 24,752 | 36,708 |
| HEALTH NET INC | AT COST | ||
| UNITEDHEALTH GROUP INC | AT COST | 15,958 | 20,926 |
| WELLPOINT INC | AT COST | ||
| CITIGROUP INC | AT COST | ||
| WELLS FARGO & CO | AT COST | 18,934 | 26,040 |
| AT & T INC | AT COST | ||
| WALT DISNEY CO | AT COST | 12,355 | 23,548 |
| COMCAST CORP-CLASS A | AT COST | 18,274 | 21,754 |
| GANNETT CO | AT COST | ||
| GOOGLE INC | AT COST | 29,216 | 42,240 |
| CELGENE CORP | AT COST | ||
| GILEAD SCIENCES INC | AT COST | 27,154 | 36,196 |
| PFIZER INC | AT COST | 27,170 | 37,380 |
| ALLERGAN INC | AT COST | 17,176 | 32,951 |
| HERSHEY CO | AT COST | ||
| STARBUCKS CORP | AT COST | 16,215 | 21,907 |
| VF CORP | AT COST | ||
| FORD MOTOR CO | AT COST | 19,578 | 23,250 |
| TRW AUTOMOTIVE HOLDINGS CORP | AT COST | ||
| AMAZON.COM INC | AT COST | ||
| GAMESTOP CORP | AT COST | 15,311 | 14,061 |
| KROGER CO | AT COST | 7,044 | 16,438 |
| LYONDELLBASELL INDUSTRIES | AT COST | 10,065 | 13,338 |
| MONSANTO CO | AT COST | 6,720 | 7,766 |
| FLOWERSERVE CORP | AT COST | ||
| DANAHER CORP | AT COST | 17,479 | 21,428 |
| BOEING CO | AT COST | 8,984 | 12,738 |
| PRECISION CASTPARTS CORP | AT COST | 5,501 | 7,226 |
| LEAR CORPORATION | AT COST | 1,471 | 3,433 |
| QUALCOMM INC | AT COST | ||
| APPLIED MATERIALS INC | AT COST | 4,390 | 9,968 |
| MICRON TECHNOLOGY INC | AT COST | ||
| APPLE INC | AT COST | 24,641 | 44,152 |
| HEWLETT-PACKARD CO | AT COST | 27,124 | 44,143 |
| ILLUMINA INC | AT COST | ||
| DELTA AIR LINES INC | AT COST | 14,332 | 24,595 |
| SCHLUMBERGER LTD | AT COST | 19,865 | 19,217 |
| CIT GROUP INC | AT COST | ||
| BANK OF AMERICA CORP | AT COST | 21,441 | 33,991 |
| DISCOVER FINANCIAL SERVICES | AT COST | 7,610 | 12,443 |
| EDISON INTERNATIONAL | AT COST | 11,381 | 16,370 |
| HARRIS CORP | AT COST | 4,382 | 6,320 |
| MACY'S INC | AT COST | ||
| MEDTRONIC INC | AT COST | ||
| PARTNERRE LTD | AT COST | 13,616 | 16,891 |
| PULTE GROUP INC | AT COST | 3,156 | 4,249 |
| TJX COMPANIES INC | AT COST | ||
| VERTEX PHARMACEUTICALS INC | AT COST | ||
| AFFILIATED MANAGERS GROUP INC | AT COST | 10,169 | 12,734 |
| ANSYS INC | AT COST | 13,823 | 15,170 |
| BIOGEN IDEC INC | AT COST | 16,725 | 27,156 |
| CHIPOLTLE MEXICAN GRILL | AT COST | ||
| COGNIZANT TECH SOLUTIONS-A | AT COST | ||
| EBAY INC | AT COST | ||
| FACEBOOK INC | AT COST | 7,011 | 15,526 |
| INTERCONTINENTALEXCHANGE INC | AT COST | 8,915 | 12,061 |
| INTUITIVE SURGICAL INC | AT COST | 12,815 | 15,868 |
| LINKEDIN CORP - A | AT COST | 4,897 | 5,513 |
| MCKESSON CORP | AT COST | 3,207 | 7,265 |
| NOBLE ENERGY INC | AT COST | ||
| OCEANEERING INTL INC | AT COST | ||
| O'REILLY AUTOMOTIVE INC | AT COST | 4,588 | 9,631 |
| PHILIP MORRIS INTERNATIONAL | AT COST | 24,586 | 22,399 |
| PRICELINE.COM | AT COST | 17,740 | 22,804 |
| AETNA INC | AT COST | 11,102 | 17,766 |
| AMERICAN FINANCIAL GROUP | AT COST | 10,117 | 11,233 |
| AMERICAN INTERNATIONAL GROUP | AT COST | 16,071 | 19,604 |
| AON PLC | AT COST | 14,427 | 18,966 |
| ASSURANT INC | AT COST | ||
| CAPITAL ONE FINANCIAL CORP | AT COST | 21,944 | 29,635 |
| CHUBB | AT COST | 3,506 | 4,242 |
| ELECTRONIC ARTS INC | AT COST | 10,485 | 19,981 |
| E*TRADE FINANCIAL CORP | AT COST | ||
| EVEREST RE GROUP LTD | AT COST | ||
| GENERAL MOTORS CO | AT COST | ||
| GENWORTH FINANCIAL INC | AT COST | ||
| GLAXOSMITHKLINE PLC | AT COST | ||
| HALLIBURTON CO | AT COST | ||
| HESS CORP | AT COST | 34,139 | 30,931 |
| ILLINOIS TOOL WORK | AT COST | ||
| ING US INC | AT COST | ||
| LIBERTY GLOBAL | AT COST | 16,597 | 21,076 |
| LINCOLN NATIONAL CORP | AT COST | ||
| MARATHON PETROLEUM CORP | AT COST | ||
| OCCIDENTAL PETROLEUM CORP | AT COST | 26,969 | 25,231 |
| REGAL ENTERTAINMENT GROUP | AT COST | ||
| TWENTY-FIRST CENTURY | AT COST | ||
| VALERO ENERGY CORP | AT COST | 14,450 | 16,088 |
| VIACOM INC | AT COST | ||
| VODAFONE GROUP PLC | AT COST | 9,754 | 9,397 |
| XEROX CORP | AT COST | 11,661 | 15,246 |
| AMETEK INC | AT COST | 13,641 | 14,473 |
| AMPHENOL CORP | AT COST | 10,161 | 14,367 |
| BLACKROCK INC | AT COST | 11,529 | 14,302 |
| COPA HOLDINGS SA | AT COST | ||
| COSTCO WHOLESALE CORP | AT COST | 12,919 | 15,593 |
| CVS HEALTH CORP | AT COST | 23,057 | 32,649 |
| EXPEDITORS INTL WASH INC | AT COST | ||
| KEURIG GREEN MOUNTAIN INC | AT COST | 2,972 | 6,620 |
| HOME DEPOT | AT COST | 16,947 | 22,464 |
| LIBERTY MEDIA CORP | AT COST | ||
| LKQ CORP | AT COST | ||
| MEAD JOHNSON NUTRITION CO | AT COST | 12,440 | 15,081 |
| METTLER-TOLEDO INTERNAITONAL INC | AT COST | 5,554 | 7,562 |
| MICHAEL KORS HOLDINGS LTD | AT COST | ||
| MONSTER BEVERAGE CORP | AT COST | 15,457 | 27,088 |
| NIKE INC | AT COST | 13,843 | 17,788 |
| PARKER HANNIFIN CORP | AT COST | ||
| POLARIS INDUSTRIES INC | AT COST | 10,989 | 12,704 |
| QUINTILES TRANSNATIONAL HOLDINGS | AT COST | 11,185 | 14,718 |
| VERISK ANALYTICS INC | AT COST | ||
| WW GRAINGER INC | AT COST | ||
| ALIGN TECHNOLOGY INC | AT COST | 6,127 | 6,038 |
| ALLSTATE CORP | AT COST | 21,731 | 26,344 |
| ALTERA CORP | AT COST | 6,809 | 7,388 |
| AMERICAN ELECTRIC POWER | AT COST | 5,675 | 6,376 |
| ANTHEM | AT COST | 33,894 | 37,701 |
| ASPEN INSURANCE HOLDINGS | AT COST | 4,286 | 4,377 |
| ASPEN TECHNOLOGY INC | AT COST | 5,467 | 4,903 |
| ASSURANT INC | AT COST | 4,017 | 4,174 |
| BOOZ ALLEN HAMILTON HOLDINGS | AT COST | 4,623 | 5,969 |
| BROCADE COMMUNICATIONS | AT COST | 8,722 | 10,656 |
| CALPINE CORP | AT COST | 15,357 | 16,221 |
| CATERPILLAR INC | AT COST | 8,340 | 7,322 |
| DILLARDS INC | AT COST | 7,091 | 7,511 |
| DOLLAR GENERAL CORP | AT COST | 8,681 | 10,605 |
| DOVER CORP | AT COST | 9,872 | 8,176 |
| EASTMAN CHEMICAL | AT COST | 8,549 | 7,283 |
| ESTEE LAUDER COMPANIES | AT COST | 5,013 | 5,105 |
| FS NETWORKS INC | AT COST | 7,438 | 9,133 |
| FMC TECHNOLIGIES INC | AT COST | 12,895 | 10,539 |
| FOOTLOCKER INC | AT COST | 10,676 | 12,641 |
| INGREDION INC | AT COST | 8,345 | 8,569 |
| ITT CORP | AT COST | 15,139 | 13,311 |
| L-3 COMMUNICATIONS | AT COST | 8,612 | 9,087 |
| LINEAR TECHNOLOGY CORP | AT COST | 8,169 | 8,208 |
| MARATHON PETROLEUM CORP | AT COST | 12,631 | 12,817 |
| MICROSOFT CORP | AT COST | 26,062 | 27,406 |
| MURPHY OIL CORP | AT COST | 10,901 | 8,033 |
| NETSUITE INC | AT COST | 7,225 | 10,371 |
| NXP SEMICONDUCTORS | AT COST | 6,532 | 8,022 |
| OFFICE DEPOT INC | AT COST | 4,824 | 8,378 |
| PALL CORP | AT COST | 12,888 | 15,688 |
| PREMIER INC | AT COST | 5,984 | 6,035 |
| RALPH LAUREN CORP | AT COST | 7,030 | 7,962 |
| SERVICE NOW INC | AT COST | 5,154 | 7,464 |
| SLM CORP | AT COST | 10,682 | 12,228 |
| SM ENERGY CO | AT COST | 4,428 | 1,929 |
| TIME WARNER INC | AT COST | 20,813 | 21,526 |
| UGI CORP | AT COST | 10,075 | 12,344 |
| ULTA SALON COSMETICS | AT COST | 10,636 | 14,702 |
| WABTEC CORP | AT COST | 13,356 | 14,771 |
| Description | Amount |
|---|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 36 | 36 | 36 | |
| FILING FEES | 250 | 250 | 250 | |
| MANAGEMENT FEES | 12,351 | 12,351 | 12,351 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 1,453 | 1,453 | ||
| Tax based on Investment Income | 5,200 |