AB Bond Fund, Inc. - AB Short Duration High Yield ETF is an exchange traded fund launched and managed by AllianceBernstein L.P. The fund invests in fixed income markets global region. It invests directly and through derivatives in high yield fixed income securities with an emphasis on corporate fixed-income securities with an average duration of less than four years. The fund invests in securities that are rated Caa1 or below by Moody’s, CCC+ or below by S&P and CCC or below by Fitch. It invests in securities of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund employs fundamental and quantitative analysis to create its portfolio. It seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Corporate Bond Index and the Bloomberg US High Yield 1-5 Year Cash Pay 2% Total Return Index. AB Bond Fund, Inc. - AB Short Duration High Yield ETF was formed on December 7, 2011 and is domiciled in the United States.