The AB High Income Fund, Inc. - Class C (AGDCX) is a mutual fund that focuses on generating high income for investors through a diversified portfolio of fixed-income securities. This fund primarily invests in corporate bonds, government bonds, and other debt instruments with varying maturities and credit ratings. The Class C shares of this fund have a lower expense ratio compared to other share classes, making it an attractive option for investors seeking income with lower fees. However, these shares may also have a higher sales charge and longer holding period requirements. Overall, the AB High Income Fund, Inc. - Class C aims to provide investors with a steady stream of income while managing risk through a well-balanced portfolio.