497 1 d10939347_497.htm

AB Logo (3)

THE AB ACTIVE ETFs

- AB Ultra Short Income ETF

(Ticker: YEAR)

(the “Fund”)

 

 

Supplement dated January 26, 2024 to the Fund’s Prospectus dated March 31, 2023, as revised May 9, 2023, and Summary Prospectus dated March 31, 2023, as amended.

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The following replaces certain information under the heading “Portfolio Managers” in the summary section of the Prospectus and Summary Prospectus for the Fund:

     
Employee Length of Service Title
Lucas Krupa Since 2022 Senior Vice President of the Adviser
     
Fahd Malik Since January 2024 Senior Vice President of the Adviser
     
Matthew S. Sheridan Since 2022 Senior Vice President of the Adviser

 

* * * * *

The following replaces certain information under the heading “Management of the Funds – Portfolio Managers” in the Prospectus for the Fund:

     

Fund and

Responsible

Team

Employee; Year; Title

Principal Occupation(s)

During the Past Five (5) Years

AB Ultra Short Income ETF

Ultra Short Income Investment Team

Lucas Krupa; since 2022; Senior Vice President of the Adviser Senior Vice President of the Adviser and Money Markets Associate on the Fixed-Income Cash Management Team, with which he has been associated in a substantially similar capacity to his current position since prior to 2019.
     
  Fahd Malik; since January 2024; Senior Vice President of the Adviser Senior Vice President of the Adviser, with which he has been associated in a substantially similar capacity to his current position since prior to 2019.
     
  Matthew S. Sheridan; since 2022; Senior Vice President of the Adviser Senior Vice President of the Adviser, with which he has been associated in a substantially similar capacity to his current position since prior to 2019.

 

The Statement of Additional Information is revised, as applicable, to incorporate changes conforming to this Supplement.

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This Supplement should be read in conjunction with the Prospectuses for the Fund.

You should retain this Supplement with your Prospectus(es) for future reference.

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