COMMON STOCKS – 100.0%

Financials – 18.1%

Banks – 6.8%

Bank of America Corp.

First Citizens BancShares, Inc./NC - Class A

M&T Bank Corp.

Wells Fargo & Co.

Capital Markets – 6.1%

Charles Schwab Corp. (The)

CME Group, Inc.

Jefferies Financial Group, Inc.

Morgan Stanley

Financial Services – 2.0%

Berkshire Hathaway, Inc. - Class B^(a)

Corebridge Financial, Inc.

Insurance – 3.2%

Everest Group Ltd.

Willis Towers Watson PLC

Industrials – 14.5%

Aerospace & Defense – 5.1%

Hexcel Corp.^(b)

RTX Corp.

Air Freight & Logistics – 1.0%

CH Robinson Worldwide, Inc.

Building Products – 1.4%

Carrier Global Corp.

Electrical Equipment – 1.7%

Eaton Corp. PLC

Machinery – 5.3%

CNH Industrial NV

Deere & Co.

PACCAR, Inc.

Health Care – 12.5%

Health Care Equipment & Supplies – 1.5%

Medtronic PLC

Health Care Providers & Services – 5.1%

Encompass Health Corp.

Labcorp Holdings, Inc.

UnitedHealth Group, Inc.

Life Sciences Tools & Services – 1.7%

ICON PLC^(a)

Thermo Fisher Scientific, Inc.

Pharmaceuticals – 4.2%

Johnson & Johnson

Merck & Co., Inc.

Information Technology – 9.6%

Communications Equipment – 1.0%

F5, Inc.^(a)

Semiconductors & Semiconductor Equipment – 4.4%

Lam Research Corp.

NXP Semiconductors NV

Software – 1.7%

Gen Digital, Inc.

Oracle Corp.

Technology Hardware, Storage & Peripherals – 2.5%

Sandisk Corp./DE^(a)

Western Digital Corp.

Consumer Discretionary – 8.6%

Broadline Retail – 0.8%

Amazon.com, Inc.^(a)

Hotels, Restaurants & Leisure – 1.9%

McDonald’s Corp.

Specialty Retail – 5.9%

AutoZone, Inc.^(a)

Bath & Body Works, Inc.

Lowe’s Cos., Inc.

Communication Services – 8.6%

Entertainment – 3.0%

Walt Disney Co. (The)

Interactive Media & Services – 4.1%

Alphabet, Inc. - Class C

Meta Platforms, Inc. - Class A

Wireless Telecommunication Services – 1.5%

T-Mobile US, Inc.

Consumer Staples – 7.6%

Beverages – 1.5%

Coca-Cola Co. (The)

Consumer Staples Distribution & Retail – 6.1%

Dollar Tree, Inc.^(a)

US Foods Holding Corp.^(a)

Walmart, Inc.

Energy – 6.6%

Energy Equipment & Services – 1.2%

Baker Hughes Co.

Oil, Gas & Consumable Fuels – 5.4%

EOG Resources, Inc.

Exxon Mobil Corp.

Materials – 5.6%

Chemicals – 2.1%

Corteva, Inc.

Construction Materials – 1.9%

Eagle Materials, Inc.

Metals & Mining – 1.6%

Reliance, Inc.

Utilities – 4.4%

Electric Utilities – 2.6%

American Electric Power Co., Inc.

Multi-Utilities – 1.8%

Ameren Corp.

Real Estate – 3.9%

Health Care REITs – 0.9%

American Healthcare REIT, Inc.

Hotel & Resort REITs – 0.7%

Ryman Hospitality Properties, Inc.

Office REITs – 0.6%

COPT Defense Properties

Specialized REITs – 1.7%

Digital Realty Trust, Inc.

Extra Space Storage, Inc.

Total Common Stocks
(cost $337,898,940)

SHORT-TERM INVESTMENTS – 0.0%

Investment Companies – 0.0%

AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 3.53%^{(c) (d) (e)}
(cost $195,622)

Total Investments – 100.0%
(cost $338,094,562)^(f)

Other assets less liabilities – 0.0%

Net Assets – 100.0%

Non-income producing security.

Represents entire or partial securities out on loan.

The rate shown represents the 7-day yield as of period end.

Affiliated investments.

To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618.

As of February 28, 2026, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $154,891,897 and gross unrealized depreciation of investments was $(9,683,928), resulting in net unrealized appreciation of $145,207,969.

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard & Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the broad market.

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 Fund’s own assumptions in determining the fair value of investments)

Investments in Securities:

See Portfolio of Investments for sector classifications.

Other financial instruments include 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.