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IBARC Investigates Alliance Bernstein Global Bond Fund (ANAGX, ANABX, ANABX, ANACX, ANAYX)

The International Bank Activities Reform Commission (IBARC) has announced it is investigating anagx, anabx, anacx, anayx, effective January 31,2012, ticker symbols for the AllianceBernstein Global Bond Fund.

According to Morningstar, "World bond portfolios invest 40% or more of their assets in foreign bonds. Some world bond portfolios follow a conservative approach, favoring high-quality bonds from developed markets. Others are more adventurous, and own some lower-quality bonds from developed or emerging markets. Some portfolios invest exclusively outside the U.S., while others regularly invest in both U.S. and non-U.S. bonds.

IBARC questons the wisdom of ANAYX in investing ANAGX Funds in United States Treasuries when they have such a low yield while the Global Bond Fund itself has very high expense ratios.

References and further due diligence:

infiniteintelligencereview.blogspot.com/....html

U.S. News and World Report

The following funds are subject to class action lawsuits:

AllianceBernstein Growth & Income Fund (Sym: CABDX, CBBDX, CBBCX)AllianceBernstein Health Care Fund (Sym: AHLAX, AHLBX, AHLCX)AllianceBernstein Disciplined Value Fund (Sym: ADGAX, ADGBX, ADGCX)AllianceBernstein Mid-Cap Growth (Sym: CHCAX, CHCBX, CHCCX)AllianceBernstein Real Estate Investment Fund (Sym: AREAX, AREBX, ARECX)AllianceBernstein Growth Fund (Sym: AGRFX, AGBBX, AGRCX)AllianceBernstein Select Investor Series Biotechnology Portfolio(Sym: ASBAX, AIBBX, ASBCX)AllianceBernstein Small CapValue Fund (Sym: ABASX, ABBSX, ABCSX)AllianceBernstein Premier Growth Fund (Sym: APGAX, APGBX APGCX)AllianceBernstein Select Investor Series Technology Portfolio(Sym AITAX, AITBX, AITCX)AllianceBernstein Value Fund (Sym: ABVAX, ABVBX, ABVCX)AllianceBernstein Quasar Fund (Sym: QUASX, QUABX, QUACX)AllianceBernstein Technology Fund (Sym: ALTFX, ATEBX, ATECX)AllianceBernstein Select Investor Series Premier Portfolio(Sym: ASPAX, ASPBX, ASPCX)AllianceBernstein Utility Income Fund (Sym: AUIAX, AUIBX, AUICX)AllianceBernstein Balanced Shares (Sym: CABNX, CABBX, CBACX)AllianceBernstein Disciplined Value Fund (Sym: ADGAX, ADGBX, ADGCX)AllianceBernstein Global Value Fund (Sym: ABAGX, ABBGX, ABCGX)AllianceBernstein International Value Fund (Sym: ABIAX, ABIBX, ABICX)AllianceBernstein Real Estate Investment Fund (Sym: AREAX, AREBX, ARECX)AllianceBernstein Small Cap Value Fund (Sym: ABASX, ABBSX, ABCSX)AllianceBernstein Utility Income Fund (Sym: AUIAX, AUIBX, AUICX)AllianceBernstein Value Fund (Sym: ABVAX, ABVBX, AVBCX)AllianceBernstein Blended Style Series - U.S. Large Cap Portfolio(Sym: ABBAX, ABBAX, ABBCX)AllianceBernstein All-Asia Investment Fund (Sym: AALAX, AAABX, AAACX)AllianceBernstein Global Value Fund (Sym: ABAGX, ABBGX, ABCGX)AllianceBernstein Greater China '97 Fund (Sym: GCHAX, GCHBX, GCHCX)AllianceBernstein International Premier Growth Fund(Sym: AIPAX, AIPBX, AIPCX)AllianceBernstein International Value Fund (Sym: ABIAX, ABIBX, ABICX)AllianceBernstein Global Small Cap Fund (Sym: GSCAX, AGCBX, GSCCX)AllianceBernstein New Europe Fund (Sym: ANEAX, ANEBX, ANECX)AllianceBernstein Worldwide Privatization Fund (Sym: AWPAX, AWPBX, AWPCX)AllianceBernstein Select Investor Series Biotechnology Portfolio(Sym: ASBAX, AIBBX, ASBCX)AllianceBernstein Select Investor Series Premier Portfolio(Sym: ASPAX, ASPBX, ASPCX)AllianceBernstein Select Investor Series Technology Portfolio(Sym: AITAX, AITBX, AITCX)AllianceBernstein Americas Government Income Trust(Sym: ANAGX, ANABX, ANACX)AllianceBernstein Bond Fund Corporate Bond Portfolio(Sym: CBFAX, CBFBX, CBFCX)AllianceBernstein Bond Fund Quality Bond Portfolio(Sym: ABQUX, ABQBX, ABQCX)AllianceBernstein Bond Fund U.S. Government Portfolio(Sym: ABUSX, ABUBX ABUCX)AllianceBernstein Emerging Market Debt Fund (Sym: AGDAX, AGDBX, AGDCX)AllianceBernstein Global Strategic Income Trust (Sym: AGSAX, AGSBX, AGCCX)AllianceBernstein High Yield Fund (Sym: AHYAX, AHHBX, AHHCX)AllianceBernstein Multi-Market Strategy Trust (Sym: AMMSX, AMMBX, AMMCX)AllianceBernstein Short Duration (Sym: ADPAX, ADPBX, ADPCX)AllianceBernstein Intermediate California Muni Portfolio(Sym: AICBX, ACLBX, ACMCX)AllianceBernstein Intermediate Diversified Muni Portfolio(Sym: AIDAX, AIDBX, AIMCX)AllianceBernstein Intermediate New York Muni Portfolio(Sym: ANIAX, ANYBX, ANMCX)AllianceBernstein Muni Income Fund National Portfolio(Sym: ALTHX, ALTBX, ALNCX)AllianceBernstein Muni Income Fund Arizona Portfolio(Sym: AAZAX, AAZBX, AAZCX)AllianceBernstein Muni Income Fund California Portfolio(Sym: ALCAX, ALCBX, ACACX)AllianceBernstein Muni Income Fund Insured California Portfolio(Sym: BUICX, BUIBX, BUCCX)AllianceBernstein Muni Income Fund Insured National Portfolio(Sym: CABTX, CBBBX, CACCX)AllianceBernstein Muni Income Fund Florida Portfolio(Sym: AFLAX, AFLBX, AFLCX)AllianceBernstein Muni Income Fund Massachusetts Portfolio(Sym: AMAAX, AMABX)AllianceBernstein Muni Income Fund Michigan Portfolio(Sym: AMIAX, AMIBX, AMICX)AllianceBernstein Muni Income Fund Minnesota Portfolio(Sym: AMNAX, AMNBX, AMNCX)AllianceBernstein Muni Income Fund New Jersey Portfolio(Sym: ANJAX, ANJBX, ANJCX)AllianceBernstein Muni Income Fund New York Portfolio(Sym: ALNYX, ALNBX, ANYCX)AllianceBernstein Muni Income Fund Ohio Portfolio(Sym: AOHAX, AOHBX, AOHCX)AllianceBernstein Muni Income Fund Pennsylvania Portfolio(Sym: APAAX, APABX, APACX)AllianceBernstein Muni Income Fund Virginia Portfolio(Sym: AVAAX, AVABX, AVACX)