AB Carval Credit Opportunities Fund

01/13/2026 | Press release | Distributed by Public on 01/13/2026 15:19

Supplemental Prospectus (Form 424B3)

Filed Pursuant to Rule 424(b)(3)
Registration No. 333-280298

AB CarVal Credit Opportunities Fund

(the "Fund")

Common Shares of Beneficial Interest

Class A Shares

Advisor Shares

Class C Shares

Class U Shares

Supplement dated January 13, 2026

to the Fund's currently effective Prospectus dated October 28, 2025

James Ganley has announced his retirement as Managing Principal of AB CarVal Investors, L.P. (the "Adviser"). Accordingly, Mr. Ganley no longer serves as a portfolio manager of the Fund. Mr. Ganley will continue to serve as President and Principal Executive Officer of the Fund and as Executive Chairman of the Adviser.

Jody Gunderson, Lucas Detor, David Fry, Chris Hedberg, Matthew Bogart, John Withrow and Roger Newkirk continue to serve as portfolio managers for the Fund.

Accordingly, effective immediately, all references in the Prospectus to Mr. Ganley in his capacity as a portfolio manager of the Fund are deleted in their entirety.

Investors should retain this supplement for future reference.

AB Carval Credit Opportunities Fund published this content on January 13, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on January 13, 2026 at 21:19 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]