Securities Purchased in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette
Securities Corporation Subject to Rule 10f-3
Under the Investment Company Act of 1940
10f-3 TRANSACTIONS FOR THE PERIOD MARCH 1, 2000
THROUGH MAY 31, 2000
ALLIANCE HIGH YIELD
Principal
Date Amount
Security** Cusips Purchased Purchased Price
XM Satellite Radio, Inc. 9B375YAD8 03/10/00 $2,000,000 $100.00
Total % of
Principal Principal Issue Principal
Amount Amount Purchased Amount
Purchased by Issued By Purchased Held
Fund Group (000) Group (1) From 5/31/00
$4,000,000 $325,000 1.23% Bear Stearns 0
* Unless otherwise indicated, the securities were part of an issue
registered under the Securities Act of 1933 and offered to the
public.
** Indicates the purchase of an Eligible Rule 144A Security.
1) Purchases by all Alliance Funds, including the Fund, may not
exceed:
a) if purchased in an offering other than an Eligible
Rule 144A Offering, 25% of the principal amount of
the offering of such class; or
b) if purchased in an Eligible Rule 144A Offering,
25% of the total of (i) the principal amount of the
offering of such class sold by underwriters or members
of the selling syndicate to qualified institutional
buyers, plus (ii) the principal amount of the offering
of such class in any concurrent public offering.
Securities Purchased in Underwritings Involving
Transactions with Donaldson, Lufkin, & Jenrette
Securities Corporation Subject to Rule 10f-3
Under the Investment Company Act of 1940
10f-3 TRANSACTIONS FOR THE PERIOD JUNE 1, 2000
THROUGH AUGUST 31, 2000
ALLIANCE HIGH YIELD FUND
Principal
Date Amount
Security** Cusips Purchased Purchased Price
Tenet Healthcare Corp. 88033GAN0 06/13/00 $2,000,000 $100.00
Total % of
Principal Principa Issue Principal
Amount Amount Purchased Amount
Purchased by Issued By Purchased Held
Fund Group (000) Group (1) From 8/31/00
$2,000,000 $400,000 1.00% JP MORGAN 2,000,000
* Unless otherwise indicated, the securities were part of an issue
registered under the Securities Act of 1933 and offered to the public.
** Indicates the purchase of an Eligible Rule 144A Security.
1) Purchases by all Alliance Funds, including the Fund, may not exceed:
a) if purchased in an offering other than an Eligible Rule 144A
Offering, 25% of the principal amount of the offering of such class;
or
b) if purchased in an Eligible Rule 144A Offering, 25% of the total
of(i) the principal amount of the offering of such class sold by
underwriters or members of the selling syndicate to qualified
institutional buyers, plus (ii) the principal amount of the
offering of such class in any concurrent public offering.
