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Morningstar, Inc. Commentaries

CEF Weekly Update

Feb 11, 2014
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AllianceBernstein Income Fund
(ACG) announced that its board of directors approved a proposal to eliminate the fund's fundamental and nonfundamental investment policies, which will be submitted to shareholders at the annual meeting on March 27. The fund's primary fundamental policy requires it to invest at least 65% of total assets in obligations issued or guaranteed by the U.S. government, including agency securities and repurchase agreements pertaining to U.S. government securities.

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Morningstar provides data on more than 385,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 8 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services and has approximately $195 billion in assets under advisement or management as of Sept. 30, 2012. We have operations in 27 countries.