AB May AUM rises to $899B, up 2% from April; outflows persist in Retail

ALLIANCEBERNSTEIN HOLDING L.P.

Preliminary AUM $899B at May 31, up from $882B at April 30; 2% increase.
Growth driven by market appreciation, partially offset by net outflows in Retail.
May outflows concentrated in Retail; Institutions saw modest inflows, Private Wealth flat.
Segment totals: Equity $370B, Fixed Income $315B, Alternatives/Multi-Asset $214B.

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