Bernstein Fund NPORT-P International Small Cap Portfolio (Jun 2024 report)

Bernstein Fund, Inc.

Schedule of Investments

International Small Cap Portfolio

June 30, 2024 (unaudited)

Company	Shares		U.S. $ Value
COMMON STOCKS – 96.9%
Industrials – 20.4%
Aerospace & Defense – 2.9%
Bombardier, Inc. - Class B(a)		19,150	$	1,228,047
Chemring Group PLC		383,940		1,807,885
Hanwha Aerospace Co., Ltd.		65,830		11,872,320
Saab AB - Class B		684,367		16,441,818
				31,350,070
Air Freight & Logistics – 0.8%
Cia de Distribucion Integral Logista Holdings SA		87,896		2,490,702
Hamakyorex Co., Ltd.		83,600		2,299,677
Mitsui-Soko Holdings Co., Ltd.		71,000		2,117,032
Senko Group Holdings Co., Ltd.		280,800		1,972,178
				8,879,589
Building Products – 0.7%
Fletcher Building Ltd.		1,355,993		2,337,220
Inwido AB		176,121		2,400,576
Lindab International AB		112,360		2,405,120
				7,142,916
Commercial Services & Supplies – 1.7%
Coor Service Management Holding AB(b)		492,640		2,176,187
Downer EDI Ltd.		1,929,131		5,917,185
Elis SA		301,269		6,537,441
Mitie Group PLC		1,596,541		2,345,133
Societe BIC SA		32,635		1,922,993
				18,898,939
Construction & Engineering – 1.1%
Balfour Beatty PLC		2,080,044		9,602,505
Renew Holdings PLC		173,540		2,340,504
				11,943,009
Electrical Equipment – 1.5%
Nexans SA		88,738		9,766,325
TKH Group NV		141,206		6,154,437
				15,920,762
Ground Transportation – 0.6%
Maruzen Showa Unyu Co., Ltd.		77,100		2,633,042
Nikkon Holdings Co., Ltd.		95,800		2,172,946
Sakai Moving Service Co., Ltd.		123,600		1,961,997
				6,767,985
Industrial Conglomerates – 1.0%
Bidvest Group Ltd. (The)		684,392		10,742,371
Machinery – 6.7%
Amada Co., Ltd.		630,700		7,012,475
ATS Corp.(a)		264,273		8,551,855
Ebara Corp.		182,500		2,910,878
Fuji Corp./Aichi		485,700		7,716,012
HD Hyundai Construction Equipment Co., Ltd.		121,214		4,815,762
Hyundai Rotem Co., Ltd.		91,370		2,701,645

1

Company	Shares		U.S. $ Value
IHI Corp.		284,000	$	8,515,979
IMI PLC		124,811		2,773,439
Kawasaki Heavy Industries Ltd.		201,100		7,677,532
Makino Milling Machine Co., Ltd.		125,400		5,277,673
Nabtesco Corp.		335,500		5,717,246
Randon SA Implementos e Participacoes (Preference Shares)		886,600		1,731,932
Tocalo Co., Ltd.		211,900		2,725,337
Tsugami Corp.		267,600		2,588,976
Vesuvius PLC		410,110		2,392,015
				73,108,756
Marine Transportation – 0.2%
Hoegh Autoliners ASA		225,822		2,672,285
Passenger Airlines – 0.2%
JET2 PLC		148,324		2,455,674
Professional Services – 1.4%
Danel Adir Yeoshua Ltd.		23,155		1,894,846
dip Corp.		257,800		4,387,273
NICE Information Service Co., Ltd.		259,202		2,132,709
Persol Holdings Co., Ltd.		1,702,200		2,358,641
SThree PLC		425,650		2,207,373
Transcosmos, Inc.		113,700		2,459,574
				15,440,416
Trading Companies & Distributors – 0.5%
Howden Joinery Group PLC		272,569		3,014,596
Russel Metals, Inc.		71,926		1,959,491
				4,974,087
Transportation Infrastructure – 1.1%
Grupo Aeroportuario del Centro Norte SAB de CV		1,083,338		9,193,125
Gujarat Pipavav Port Ltd.		916,045		2,295,278
				11,488,403
				221,785,262
Consumer Discretionary – 14.0%
Automobile Components – 2.5%
Amotiv Ltd.		295,120		2,058,004
Forvia SE (Paris)		419,766		5,008,603
Mahle Metal Leve SA		317,700		1,837,967
Niterra Co., Ltd.		88,100		2,569,047
PWR Holdings Ltd.		314,740		2,305,394
Schaeffler AG (Preference Shares)		368,024		2,122,660
Toyo Tire Corp.		300,994		4,830,561
Toyota Boshoku Corp.		141,500		1,879,348
TS Tech Co., Ltd.		423,100		5,022,603
				27,634,187
Automobiles – 0.5%
Piaggio & C SpA		1,740,366		5,169,296
Broadline Retail – 0.2%
Puuilo Oyj		226,902		2,449,448

2

Company	Shares		U.S. $ Value
Diversified Consumer Services – 0.1%
YDUQS Participacoes SA		559,500	$	1,041,913
Hotels, Restaurants & Leisure – 2.2%
Domino’s Pizza Group PLC		489,565		1,896,606
Greggs PLC		77,988		2,732,765
Jollibee Foods Corp.		2,050,540		7,897,412
Jumbo Interactive Ltd.		230,543		2,647,943
KFC Holdings Japan Ltd.		55,300		2,230,698
Kindred Group PLC		582,474		6,924,401
				24,329,825
Household Durables – 1.7%
Casio Computer Co., Ltd.		809,400		6,060,018
Cury Construtora e Incorporadora SA		583,900		2,151,722
GN Store Nord AS(a)		274,979		7,660,583
Vestel Beyaz Esya Sanayi ve Ticaret AS		3,401,161		2,231,435
				18,103,758
Leisure Products – 1.6%
BRP, Inc. (Sub-Voting)		79,284		5,079,670
Sankyo Co., Ltd.		209,600		2,279,132
Sega Sammy Holdings, Inc.		660,300		9,810,278
				17,169,080
Specialty Retail – 1.2%
ABC-Mart, Inc.		364,100		6,389,966
Bermaz Auto Bhd		4,176,100		2,221,942
Nick Scali Ltd.		242,569		2,231,697
Pet Valu Holdings Ltd.		119,024		2,289,040
				13,132,645
Textiles, Apparel & Luxury Goods – 4.0%
Arvind Ltd.		621,527		2,754,839
Asics Corp.		836,800		12,901,922
Eclat Textile Co., Ltd.		430,200		7,008,976
HUGO BOSS AG		93,036		4,183,198
Indo Count Industries Ltd.		524,211		2,467,384
JNBY Design Ltd.(b)		1,214,000		2,358,279
Makalot Industrial Co., Ltd.		207,000		2,682,276
Marimekko Oyj		139,819		2,135,281
Mavi Giyim Sanayi Ve Ticaret AS - Class B(b)		745,598		2,899,505
Xtep International Holdings Ltd.		5,909,500		3,630,784
				43,022,444
				152,052,596
Information Technology – 12.4%
Communications Equipment – 0.2%
HMS Networks AB		53,946		2,128,215
Electronic Equipment, Instruments & Components – 4.0%
Alps Alpine Co., Ltd.		313,500		3,005,968
E Ink Holdings, Inc.		1,705,000		13,201,620
Kaga Electronics Co., Ltd.		51,200		1,840,185
Lotes Co., Ltd.		165,000		8,270,676
Mycronic AB		63,440		2,458,205
Nan Ya Printed Circuit Board Corp.(a)		632,000		3,616,604

3

Company	Shares		U.S. $ Value
Test Research, Inc.		423,000	$	2,234,482
Tripod Technology Corp.		1,093,000		7,337,089
WT Microelectronics Co., Ltd.		453,000		1,726,970
				43,691,799
IT Services – 1.4%
BIPROGY, Inc.		281,100		7,807,789
Data#3 Ltd.		424,910		2,365,172
Future Corp.		194,800		1,857,248
NSD Co., Ltd.		48,900		939,325
One Software Technologies Ltd.		86,460		1,046,507
Sonata Software Ltd.		233,206		1,653,499
				15,669,540
Semiconductors & Semiconductor Equipment – 5.1%
ASPEED Technology, Inc.		22,600		3,353,631
Elan Microelectronics Corp.		391,000		1,854,207
Faraday Technology Corp.		228,497		2,356,353
King Yuan Electronics Co., Ltd.		2,408,000		8,797,835
Melexis NV		26,158		2,243,603
Micronics Japan Co., Ltd.		48,800		2,034,303
Phison Electronics Corp.		80,000		1,514,682
Sanken Electric Co., Ltd.		165,800		7,099,126
Siltronic AG		70,636		5,493,195
Sino-American Silicon Products, Inc.		376,000		2,511,488
Sitronix Technology Corp.		88,000		699,154
Tokyo Seimitsu Co., Ltd.		127,600		9,789,890
Ulvac, Inc.		84,600		5,561,222
X-Fab Silicon Foundries SE(a) (b)		323,340		2,068,224
				55,376,913
Software – 1.5%
Atoss Software SE		19,512		2,333,575
Birlasoft Ltd.		125,172		1,036,198
Sinch AB(a)		1,729,010		4,187,641
Tanla Platforms Ltd.		594,462		6,708,707
Text SA		44,050		838,183
WingArc1st, Inc.		73,200		1,238,615
				16,342,919
Technology Hardware, Storage & Peripherals – 0.2%
Chicony Electronics Co., Ltd.		389,000		2,046,615
				135,256,001
Financials – 12.1%
Banks – 6.2%
Alior Bank SA		103,150		2,623,179
Alpha Services and Holdings SA(a)		3,402,972		5,539,033
Banco de Sabadell SA		5,554,404		10,723,590
Bank of Ireland Group PLC		789,300		8,245,392
Bank Pembangunan Daerah Jawa Timur Tbk PT		14,763,900		473,346
BAWAG Group AG(b)		147,724		9,338,392
BNK Financial Group, Inc.		365,311		2,245,454
Canadian Western Bank		130,700		4,144,414
City Union Bank Ltd.		4,492,285		9,023,467
Juroku Financial Group, Inc.		79,400		2,366,982
Mebuki Financial Group, Inc.		2,906,700		11,398,386
Seven Bank Ltd.		550,500		923,436
				67,045,071

4

Company	Shares		U.S. $ Value
Capital Markets – 1.9%
Azimut Holding SpA		89,609	$	2,111,917
Banca Generali SpA		62,366		2,503,456
JAFCO Group Co., Ltd.		187,500		2,217,699
Man Group PLC/Jersey		848,629		2,592,955
Monex Group, Inc.		1,089,000		4,942,374
Polar Capital Holdings PLC		327,499		2,336,387
Sdiptech AB - Class B(a)		70,990		2,169,406
Tel Aviv Stock Exchange Ltd.		319,573		2,284,356
				21,158,550
Consumer Finance – 0.9%
Credit Saison Co., Ltd.		259,200		5,396,687
FinVolution Group (ADR)		446,560		2,130,091
Jaccs Co., Ltd.		67,100		1,944,445
				9,471,223
Financial Services – 1.2%
BFF Bank SpA(b)		221,250		2,099,718
Genertec Universal Medical Group Co., Ltd.(b)		3,418,000		1,855,871
L&T Finance Ltd.		4,063,008		8,815,560
				12,771,149
Insurance – 1.9%
Coface SA		149,153		2,076,461
Hiscox Ltd.		517,720		7,514,783
Protector Forsikring ASA		114,650		2,754,306
SCOR SE		261,274		6,622,849
UNIQA Insurance Group AG		248,105		2,108,173
				21,076,572
				131,522,565
Materials – 9.1%
Chemicals – 3.1%
Castrol India Ltd.		931,707		2,240,023
Dongjin Semichem Co., Ltd.		86,425		2,492,335
FUCHS SE (Preference Shares)		56,220		2,570,032
Fufeng Group Ltd.		3,512,000		2,388,000
Gujarat Narmada Valley Fertilizers & Chemicals Ltd.		1,197,861		10,202,082
Kuraray Co., Ltd.		489,900		5,668,263
TKG Huchems Co., Ltd.		148,788		2,147,458
Tosoh Corp.		463,300		6,064,482
				33,772,675
Construction Materials – 0.2%
Shinagawa Refractories Co., Ltd.		175,700		2,179,157
Containers & Packaging – 0.8%
Rengo Co., Ltd.		989,900		6,423,373
Verallia SA(b)		63,240		2,301,198
				8,724,571

5

Company	Shares		U.S. $ Value
Metals & Mining – 4.6%
APERAM SA		186,685	$	4,826,392
Capstone Mining Corp.(a)		1,593,309		11,297,173
Champion Iron Ltd.		470,800		1,995,712
Daiki Aluminium Industry Co., Ltd.		178,300		1,414,201
Endeavour Mining PLC		323,356		6,830,882
Labrador Iron Ore Royalty Corp.		104,310		2,218,794
Lundin Mining Corp.		885,835		9,861,677
OSAKA Titanium Technologies Co., Ltd.		232,900		4,009,306
Pan African Resources PLC		7,522,808		2,477,245
Shougang Fushan Resources Group Ltd.		5,484,000		2,247,449
SSAB AB - Class B		461,954		2,504,843
				49,683,674
Paper & Forest Products – 0.4%
Interfor Corp.(a)		416,376		5,027,983
				99,388,060
Communication Services – 7.3%
Diversified Telecommunication Services – 0.3%
Gamma Communications PLC		128,147		2,284,067
Telecom Egypt Co.		1,680,783		1,090,427
				3,374,494
Entertainment – 3.5%
GungHo Online Entertainment, Inc.		384,400		6,480,992
International Games System Co., Ltd.		546,200		22,752,650
NetDragon Websoft Holdings Ltd.		1,415,500		2,136,749
Soft-World International Corp.		309,000		1,398,327
Ubisoft Entertainment SA(a)		213,698		4,676,396
Zengame Technology Holding Ltd.(b)		2,746,000		1,014,988
				38,460,102
Interactive Media & Services – 1.0%
Kakaku.com, Inc.		460,800		6,046,685
Rightmove PLC		395,052		2,666,623
SOOP Co., Ltd.		24,466		2,324,400
				11,037,708
Media – 2.5%
4imprint Group PLC		31,100		2,282,237
Criteo SA (Sponsored ADR)(a)		232,483		8,769,259
Kadokawa Corp.		460,300		7,414,770
Stroeer SE & Co. KGaA		130,402		8,352,421
				26,818,687
				79,690,991
Health Care – 6.6%
Biotechnology – 2.3%
Bavarian Nordic A/S(a)		298,262		7,392,553
BioGaia AB - Class B		223,719		2,608,778
Clinuvel Pharmaceuticals Ltd.		199,345		2,037,758
Hugel, Inc.(a)		64,077		10,726,924
Takara Bio, Inc.		329,100		2,260,557
				25,026,570

6

Company	Shares		U.S. $ Value
Health Care Equipment & Supplies – 1.3%
Chularat Hospital PCL - Class F		25,532,400	$	1,808,958
ConvaTec Group PLC(b)		2,624,411		7,775,383
Eiken Chemical Co., Ltd.		183,700		2,568,753
Japan Lifeline Co., Ltd.		292,900		2,065,401
				14,218,495
Health Care Providers & Services – 0.2%
Odontoprev SA		849,580		1,726,486
Life Sciences Tools & Services – 0.2%
Chemometec A/S		46,239		2,013,212
Pharmaceuticals – 2.6%
Ajanta Pharma Ltd.		96,067		2,629,382
Beijing Tong Ren Tang Chinese Medicine Co., Ltd.		690,000		794,453
Chong Kun Dang Pharmaceutical Corp.		26,848		1,901,969
Consun Pharmaceutical Group Ltd.		3,087,000		2,195,973
Dermapharm Holding SE		47,120		1,818,791
Faes Farma SA		579,848		2,237,920
Hypera SA		1,009,500		5,182,850
Laboratorios Farmaceuticos Rovi SA		24,990		2,340,467
Mega Lifesciences PCL		2,148,500		2,239,393
Procter & Gamble Health Ltd.		36,565		2,213,040
Sanofi Consumer Healthcare India Ltd.(a) (c) (d)		22,722		1,150,467
Sanofi India Ltd.		22,722		1,771,932
United Laboratories International Holdings Ltd. (The)		1,976,000		2,090,287
				28,566,924
				71,551,687
Energy – 5.9%
Energy Equipment & Services – 1.2%
Secure Energy Services, Inc.		302,480		2,677,558
Trican Well Service Ltd.		712,170		2,509,162
Vallourec SACA(a)		502,062		7,892,439
				13,079,159
Oil, Gas & Consumable Fuels – 4.7%
Baytex Energy Corp.		1,821,947		6,312,656
Beach Energy Ltd.		8,095,211		8,003,962
BW LPG Ltd.(b)		116,670		2,166,869
Gibson Energy, Inc.		141,040		2,396,974
Headwater Exploration, Inc.		480,106		2,544,328
Itochu Enex Co., Ltd.		201,000		1,904,283
Oil India Ltd.		848,433		7,341,709
Oil Refineries Ltd.		9,475,531		2,185,631
Parex Resources, Inc.		139,042		2,227,843
Petronet LNG Ltd.		1,599,646		6,323,228
Petroreconcavo SA		126,600		419,879
Serica Energy PLC		930,110		1,600,019
Thai Oil PCL		3,206,700		4,631,245
Thungela Resources Ltd.		161,729		990,797
Viva Energy Group Ltd.(b)		1,041,663		2,178,906
				51,228,329
				64,307,488

7

Company	Shares		U.S. $ Value
Real Estate – 3.8%
Diversified REITs – 0.3%
H&R Real Estate Investment Trust		298,565	$	1,953,260
Sekisui House Reit, Inc.		3,808		1,873,192
				3,826,452
Health Care REITs – 0.6%
Assura PLC		13,325,124		6,754,304
Office REITs – 0.4%
AREIT, Inc.		3,772,800		2,220,846
CLS Holdings PLC		1,690,718		1,924,989
				4,145,835
Real Estate Management & Development – 1.2%
Kerry Properties Ltd.		1,157,500		2,013,969
Starts Corp., Inc.		102,800		2,176,169
TAG Immobilien AG(a)		579,724		8,473,441
				12,663,579
Residential REITs – 0.2%
Morguard North American Residential Real Estate Investment Trust		197,900		2,239,313
Retail REITs – 1.1%
Charter Hall Retail REIT		2,563,345		5,532,736
Hamborner REIT AG		283,912		1,984,925
Lar Espana Real Estate Socimi SA(a)		299,190		2,188,453
Mercialys SA		198,527		2,207,812
				11,913,926
				41,543,409
Consumer Staples – 3.3%
Beverages – 1.6%
Hite Jinro Co., Ltd.		411,427		6,336,779
Royal Unibrew A/S(a)		110,729		8,781,987
Takara Holdings, Inc.		288,700		1,963,347
				17,082,113
Consumer Staples Distribution & Retail – 0.7%
Axfood AB		89,251		2,339,487
Migros Ticaret AS		156,790		2,542,707
Sendas Distribuidora SA(a)		1,768,453		3,271,105
				8,153,299
Food Products – 0.8%
AVI Ltd.		527,670		2,741,086
Nichirei Corp.		271,200		5,984,615
				8,725,701

8

Company	Shares		U.S. $ Value
Personal Care Products – 0.2%
Industri Jamu Dan Farmasi Sido Muncul Tbk PT		56,453,500	$	2,671,845
				36,632,958
Utilities – 2.0%
Electric Utilities – 0.1%
Enerjisa Enerji AS(b)		313,040		651,185
Gas Utilities – 0.1%
Gujarat State Petronet Ltd.		456,797		1,617,269
Independent Power and Renewable Electricity Producers – 1.0%
Capital Power Corp.		368,110		10,491,290
Multi-Utilities – 0.6%
Sembcorp Industries Ltd.		1,921,300		6,791,002
Water Utilities – 0.2%
Cia de Saneamento de Minas Gerais Copasa MG		524,800		1,961,158
				21,511,904
Total Common Stocks (cost $914,752,168)				1,055,242,921
SHORT-TERM INVESTMENTS – 1.7%
Investment Companies – 1.7%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 5.22%(e) (f) (g) (cost $18,589,429)		18,589,429		18,589,429
Total Investments – 98.6% (cost $933,341,597)(h)				1,073,832,350
Other assets less liabilities – 1.4%				14,921,413
Net Assets – 100.0%			$	1,088,753,763

FORWARD CURRENCY EXCHANGE CONTRACTS

Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation (Depreciation)
Bank of America, NA		USD	2,718		SEK	28,722		07/19/2024		$	(6,173	)
Bank of America, NA		USD	6,763		CNH	48,813		07/23/2024			(64,998	)
Bank of America, NA		EUR	3,797		USD	4,128		08/08/2024			54,197
Bank of America, NA		USD	9,068		JPY	1,395,081		08/16/2024			(337,405	)
Barclays Bank PLC		PHP	520,529		USD	9,160		07/25/2024			252,923
Barclays Bank PLC		EUR	3,193		USD	3,429		08/08/2024			3,199
Barclays Bank PLC		JPY	681,275		USD	4,353		08/16/2024			89,815
Barclays Bank PLC		USD	10,455		JPY	1,629,233		08/16/2024			(259,482	)
Barclays Bank PLC		USD	3,538		MYR	16,588		08/21/2024			(19,306	)
Barclays Bank PLC		USD	12,357		INR	1,034,826		09/13/2024			26,369
BNP Paribas SA		EUR	58,845		USD	63,361		08/08/2024			230,579
BNP Paribas SA		USD	2,788		INR	233,082		09/13/2024			1,152
Citibank, NA		USD	3,588		NOK	39,472		07/19/2024			110,821
Citibank, NA		EUR	4,542		USD	4,878		08/08/2024			5,523
Citibank, NA		JPY	960,914		USD	6,145		08/16/2024			131,456
Citibank, NA		CAD	12,262		USD	8,914		08/23/2024			(59,607	)
Deutsche Bank AG		KRW	3,763,315		USD	2,743		07/18/2024			13,876
Deutsche Bank AG		SEK	32,563		USD	3,120		07/19/2024			45,565

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Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation (Depreciation)
Deutsche Bank AG		USD	2,849		NOK	30,325		07/19/2024	$	(7,832	)
Deutsche Bank AG		ILS	11,580		USD	3,139		07/25/2024		70,313
Deutsche Bank AG		USD	3,788		JPY	603,654		08/16/2024		(10,131	)
Deutsche Bank AG		TWD	118,376		USD	3,673		08/23/2024		25,377
Deutsche Bank AG		USD	2,732		INR	228,847		09/13/2024		6,190
Goldman Sachs Bank USA		SEK	29,019		USD	2,776		07/19/2024		36,042
Goldman Sachs Bank USA		USD	22,708		CHF	20,332		08/08/2024		22,603
Goldman Sachs Bank USA		USD	3,003		EUR	2,802		08/08/2024		3,345
Goldman Sachs Bank USA		JPY	5,247,945		USD	33,998		08/16/2024		1,156,381
Goldman Sachs Bank USA		USD	3,200		JPY	498,535		08/16/2024		(80,569	)
Goldman Sachs Bank USA		USD	2,873		MYR	13,601		08/21/2024		12,362
HSBC Bank USA		BRL	39,773		USD	7,709		07/02/2024		594,391
HSBC Bank USA		USD	7,155		BRL	39,773		07/02/2024		(39,933	)
HSBC Bank USA		JPY	438,474		USD	2,828		08/16/2024		83,999
HSBC Bank USA		TWD	105,960		USD	3,251		08/23/2024		(14,013	)
JPMorgan Chase Bank, NA		SEK	31,956		USD	2,935		07/19/2024		(82,842	)
JPMorgan Chase Bank, NA		USD	2,957		SEK	31,956		07/19/2024		60,294
JPMorgan Chase Bank, NA		USD	12,508		ILS	46,171		07/25/2024		(272,966	)
JPMorgan Chase Bank, NA		EUR	2,798		USD	3,008		08/08/2024		6,045
JPMorgan Chase Bank, NA		USD	7,137		CHF	6,405		08/08/2024		23,500
JPMorgan Chase Bank, NA		USD	3,680		EUR	3,420		08/08/2024		(10,986	)
JPMorgan Chase Bank, NA		JPY	460,479		USD	2,997		08/16/2024		115,682
Morgan Stanley Capital Services, Inc.		BRL	39,773		USD	7,155		07/02/2024		39,933
Morgan Stanley Capital Services, Inc.		USD	7,310		BRL	39,773		07/02/2024		(194,701	)
Morgan Stanley Capital Services, Inc.		MXN	49,941		USD	2,982		07/25/2024		262,262
Morgan Stanley Capital Services, Inc.		BRL	39,773		USD	7,284		08/02/2024		195,596
Morgan Stanley Capital Services, Inc.		JPY	614,003		USD	4,002		08/16/2024		159,499
Morgan Stanley Capital Services, Inc.		USD	6,330		JPY	973,679		08/16/2024		(237,183	)
Morgan Stanley Capital Services, Inc.		TWD	491,477		USD	15,424		08/23/2024		281,453
Morgan Stanley Capital Services, Inc.		USD	17,546		GBP	13,833		08/29/2024		(52,776	)
Morgan Stanley Capital Services, Inc.		USD	3,000		INR	251,001		09/13/2024		3,709
Morgan Stanley Capital Services, Inc.		USD	23,625		AUD	35,507		09/19/2024		109,529
NatWest Markets PLC		USD	3,308		EUR	3,085		08/08/2024		1,277
NatWest Markets PLC		USD	2,859		EUR	2,659		08/08/2024		(6,344	)
Standard Chartered Bank		USD	2,919		EUR	2,721		08/08/2024		320
State Street Bank & Trust Co.		KRW	4,135,825		USD	3,005		07/18/2024		5,832
State Street Bank & Trust Co.		USD	2,774		NOK	29,556		07/19/2024		(4,190	)
State Street Bank & Trust Co.		USD	3,164		CNH	22,868		07/23/2024		(25,957	)
State Street Bank & Trust Co.		USD	3,774		SGD	5,077		07/25/2024		(25,913	)
State Street Bank & Trust Co.		JPY	470,470		USD	3,024		08/16/2024		79,822
State Street Bank & Trust Co.		ZAR	52,411		USD	2,798		08/22/2024		(71,463	)
State Street Bank & Trust Co.		TWD	179,926		USD	5,612		08/23/2024		68,589
State Street Bank & Trust Co.		USD	9,629		TWD	310,896		08/23/2024		(50,834	)
State Street Bank & Trust Co.		USD	4,269		INR	357,127		09/13/2024		4,487
UBS AG		KRW	4,199,011		USD	3,052		07/18/2024		7,438
UBS AG		USD	2,701		SGD	3,625		07/25/2024		(24,330	)
UBS AG		JPY	1,027,722		USD	6,624		08/16/2024		193,059
									$	2,634,870

(a) Non-income producing security.

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(b) Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At June 30, 2024, the aggregate market value of these securities amounted to $38,884,705 or 3.6% of net assets.

(c) Security in which significant unobservable inputs (Level 3) were used in determining fair value.

(d) Fair valued by the Adviser.

(e) Affiliated investments.

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

(g) To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov, or call AB at (800) 227-4618.

(h) As of June 30, 2024, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $209,135,106 and gross unrealized depreciation of investments was $(66,009,483), resulting in net unrealized appreciation of $143,125,623.

  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.

Currency Abbreviations:

AUD – Australian Dollar

BRL – Brazilian Real

CAD – Canadian Dollar

CHF – Swiss Franc

CNH – Chinese Yuan Renminbi (Offshore)

EUR – Euro

GBP – Great British Pound

ILS – Israeli Shekel

INR – Indian Rupee

JPY – Japanese Yen

KRW – South Korean Won

MXN – Mexican Peso

MYR – Malaysian Ringgit

NOK – Norwegian Krone

PHP – Philippine Peso

SEK – Swedish Krona

SGD – Singapore Dollar

TWD – New Taiwan Dollar

USD – United States Dollar

ZAR – South African Rand

Glossary:

ADR – American Depositary Receipt

REIT – Real Estate Investment Trust

COUNTRY BREAKDOWN¹

June 30, 2024 (unaudited)

24.5	%	Japan
8.7	%	Taiwan
7.5	%	United Kingdom
6.5	%	India
6.5	%	Canada
5.4	%	France
4.6	%	South Korea
3.5	%	Sweden
3.5	%	Germany
3.5	%	Australia
2.4	%	Denmark
1.9	%	China
1.9	%	Spain
17.9	%	Other
1.7	%	Short-Term Investments
100.0	%	Total Investments

1 The Portfolio’s country breakdown is expressed as a percentage of total investments and may vary over time. The Portfolio also enters into derivative transactions, which may be used for hedging or investment purposes (see “Schedule of Investments” section of the report for additional details). “Other” country weightings represent 1.8% or less in the following: Austria, Belgium, Brazil, Chile, Egypt, Finland, Greece, Hong Kong, Indonesia, Ireland, Israel, Italy, Luxembourg, Malaysia, Malta, Mexico, Netherlands, New Zealand, Norway, Philippines, Poland, Singapore, South Africa, Thailand, Turkey and United States.

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Bernstein Fund, Inc.

International Small Cap Portfolio 

June 30, 2024 (unaudited)

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Portfolio. Unobservable inputs reflect the Portfolio’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

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

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

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The following table summarizes the valuation of the Portfolio’s investments by the above fair value hierarchy levels as of June 30, 2024:

Investments in Securities:	Level 1		Level 2			Level 3		Total
Assets:
Common Stocks:
Industrials	$	40,491,006	$	181,294,256		$	—	$	221,785,262
Consumer Discretionary		33,400,241		118,652,355			—		152,052,596
Information Technology		1,949,128		133,306,873			—		135,256,001
Financials		11,786,513		119,736,052			—		131,522,565
Materials		37,713,754		61,674,306			—		99,388,060
Communication Services		12,143,753		67,547,238			—		79,690,991
Health Care		10,957,687		59,443,533			1,150,467		71,551,687
Energy		26,877,311		37,430,177			—		64,307,488
Real Estate		8,601,872		32,941,537			—		41,543,409
Consumer Staples		5,942,950		30,690,008			—		36,632,958
Utilities		12,452,448		9,059,456			—		21,511,904
Short-Term Investments		18,589,429		—			—		18,589,429
Total Investments in Securities		220,906,092		851,775,791	(a)		1,150,467		1,073,832,350
Other Financial Instruments(b):
Assets:
Forward Currency Exchange Contracts		—		4,594,804			—		4,594,804
Liabilities:
Forward Currency Exchange Contracts		—		(1,959,934	)		—		(1,959,934	)
Total	$	220,906,092	$	854,410,661		$	1,150,467	$	1,076,467,220

^(a)  A significant portion of the Portfolio’s foreign equity investments are categorized as Level 2 investments since they are valued using fair value prices based on third party vendor modeling tools to the extent available.

^(b)  Other financial instruments are derivative instruments, such as futures, forwards and swaps, which 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.

A summary of the Portfolio’s transactions in AB mutual funds for the nine months ended June 30, 2024 is as follows:

Fund	Market Value 09/30/2023 (000)		Purchases at Cost (000)		Sales Proceeds (000)		Market Value 06/30/2024 (000)		Dividend Income (000)
Government Money Market Portfolio	$	7,580	$	143,887	$	132,878	$	18,589	$	632

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