UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form N-8F

I.    General Identifying Information

1.    Reason fund is applying to deregister (check only one; for descriptions,
      see Instruction 1 above):

      [X]   Merger

      [_]   Liquidation

      [_]   Abandonment of Registration
            (Note: Abandonments of Registration answer only questions 1 through
            15, 24 and 25 of this form and complete verification at the end of
            the form.)

      [_]   Election of status as a Business Development Company (Note: Business
            Development Companies answer only questions 1 through 10 of this
            form and complete verification at the end of the form.)

2.    Name of fund: ACM Managed Dollar Income Fund, Inc.

3.    Securities and Exchange Commission File No.: 811-07964

4.    Is this an initial Form N-8F or an amendment to a previously filed Form
      N-8F?

      [X]   Initial Application     [_]   Amendment

5.    Address of Principal Executive Office (include No. & Street, City, State,
      Zip Code):

            1345 Avenue of the Americas
            New York, New York  10105

6.    Name, address and telephone number of individual the Commission staff
      should contact with any questions regarding this form:

            Young Seo
            Seward & Kissel LLP
            1200 G Street, N.W.
            Washington, D.C.  20005
            202-737-8833

7.    Name, address and telephone number of individual or entity responsible for
      maintenance and preservation of fund records in accordance with rules
      3la-1 and 3la-2 under the Act [17 CFR 270.3la-1, .31a-2]:

            State Street Bank and Trust Company
            One Lincoln Street
            Boston, MA 02111-2900

            Computershare Trust Company, N.A.
            P.O. Box 43010
            Providence, RI 02940-3010

            AllianceBernstein L.P.
            1345 Avenue of the Americas
            New York, New York  10105
            (212) 969-2132

8.    Classification of fund (check only one):

      [X]   Management company;

      [_]   Unit investment trust; or

      [_]   Face-amount certificate company.

9.    Subclassification if the fund is a management company
      (check only one):

      [_]   Open-end    [X]   Closed-end

10.   State law under which the fund was organized or formed (e.g., Delaware,
      Massachusetts):

            Maryland

11.   Provide the name and address of each investment adviser of the fund
      (including sub-advisers) during the last five years, even if the fund's
      contracts with those advisers have been terminated:

            AllianceBernstein L.P.
            (formerly, Alliance Capital Management L.P.)
            1345 Avenue of the Americas
            New York, New York  10105

12.   Provide the name and address of each principal underwriter of the fund
      during the last five years, even if the fund's contracts with those
      underwriters have been terminated: N/A

13.   If the fund is a unit investment trust ("UIT") provide:

      (a)   Depositor's name(s) and address(es): N/A

      (b)   Trustee's name(s) and address(es): N/A

14.   Is there a UIT registered under the Act that served as a vehicle for
      investment in the fund (e.g., an insurance company separate account)?

      [_] Yes [X] No

      If Yes, for each UIT state: N/A

      Name(s): N/A

      File No.: 811-____ N/A

      Business Address: N/A

15.   (a)   Did the fund obtain approval from the board of directors concerning
            the decision to engage in a Merger, Liquidation or Abandonment of
            Registration?

            [X] Yes [_] No

            If Yes, state the date on which the board vote took place:

            March 11, 2009

            If No, explain: N/A

      (b)   Did the fund obtain approval from the shareholders concerning the
            decision to engage in a Merger, Liquidation or Abandonment of
            Registration?

            [X] Yes [_] No

            If Yes, state the date on which the shareholder vote took place:

            August 21, 2009

            If No, explain: N/A

II.   Distributions to Shareholders

16.   Has the fund distributed any assets to its shareholders in connection with
      the Merger or Liquidation?

      [X] Yes [_] No

      (a)   If Yes, list the date(s) on which the fund made those distributions:

            September 25, 2009

      (b)   Were the distributions made on the basis of net assets?

            [_] Yes [X] No

      (c)   Were the distributions made pro rata based on share ownership?

            [_] Yes [X] No

      (d)   If No to (b) or (c) above, describe the method of distributions to
            shareholders. For Mergers, provide the exchange ratio(s) used and
            explain how it was calculated:

            As a result of the Merger, each holder of ACM Managed Dollar Income
            Fund common stock received shares of AllianceBernstein Global High
            Income Fund common stock having an aggregate net asset value ("NAV")
            equal to the aggregate NAV of the stockholder's shares in ACM
            Managed Dollar Income Fund. As of the close of business on September
            25, 2009, the NAV of ACM Managed Dollar Income Fund was $7.79 per
            share and the NAV of AllianceBernstein Global High Income Fund was
            $13.37 per share. Each share of common stock of ACM Managed Dollar
            Income Fund was converted into .5826 of a share of AllianceBernstein
            Global High Income Fund common stock.

      (e)   Liquidations only: N/A

            Were any distributions to shareholders made in kind? N/A

            [_] Yes [_] No

            If Yes, indicate the percentage of fund shares owned by affiliates,
            or any other affiliation of shareholders: N/A

17.   Closed-end funds only:

      Has the fund issued senior securities?

      [_] Yes [X] No

      If Yes, describe the method of calculating payments to senior
      securityholders and distributions to other shareholders: N/A

18.   Has the fund distributed all of its assets to the fund's shareholders?

      [X] Yes [_] No

      If No,

      (a)   How many shareholders does the fund have as of the date this form is
            filed? N/A

      (b)   Describe the relationship of each remaining shareholder to the fund:
            N/A

19.   Are there any shareholders who have not yet received distributions in
      complete liquidation of their interests?

      [_] Yes [X] No

      If Yes, describe briefly the plans (if any) for distributing to, or
      preserving the interests of, those shareholders: N/A

III.  Assets and Liabilities

20.   Does the fund have any assets as of the date this form is filed? (See
      question 18 above)

      [_] Yes [X] No

      If Yes,

      (a)   Describe the type and amount of each asset retained by the fund as
            of the date this form is filed: N/A

      (b)   Why has the fund retained the remaining assets? N/A

      (c)   Will the remaining assets be invested in securities? N/A

            [_] Yes [_] No

21.   Does the fund have any outstanding debts (other than face-amount
      certificates if the fund is a face-amount certificate company) or any
      other liabilities?

            [_] Yes [X] No

      If Yes,

      (a)   Describe the type and amount of each debt or other liability: N/A

      (b)   How does the fund intend to pay these outstanding debts or other
            liabilities? N/A

IV.   Information About Event(s) Leading to Request For Deregistration

22.   (a)   List the expenses incurred in connection with the Merger or
            Liquidation:

            i.    Legal expenses: $195,491.00

            ii.   Accounting expenses: $10,000.00

            iii.  Other expenses (list and identify separately):
                  Administrative expenses: $45,513.00

                  Total expenses (sum of lines (i)-(iii) above): $251,004.00

      (b)   How were those expenses allocated?

            The expenses were allocated to the Fund and AllianceBernstein L.P.

      (c)   Who paid those expenses?

            AllianceBernstein L.P. paid the first $100,000 of the expenses and
            the fund paid the remainder of the expenses.

      (d)   How did the fund pay for unamortized expenses (if any)? N/A

23.   Has the fund previously filed an application for an order of the
      Commission regarding the Merger or Liquidation?

            [_] Yes [X] No

      If Yes, cite the release numbers of the Commission's notice and order or,
      if no notice or order has been issued, the file number and date the
      application was filed: N/A

V.    Conclusion of Fund Business

24.   Is the fund a party to any litigation or administrative proceeding?

      [_] Yes [X] No

      If Yes, describe the nature of any litigation or proceeding and the
      position taken by the fund in that litigation: N/A

25.   Is the fund now engaged, or intending to engage, in any business
      activities other than those necessary for winding up its affairs?

      [_] Yes [X] No

      If Yes, describe the nature and extent of those activities: N/A

VI.   Mergers Only

26.   (a)   State the name of the fund surviving the Merger:

            AllianceBernstein Global High Income Fund, Inc.

      (b)   State the Investment Company Act file number of the fund surviving
            the Merger:

            811-07732

      (c)   If the merger or reorganization agreement has been filed with the
            Commission, state the file number(s), form type used and date the
            agreement was filed:

            333-158967, Form N-14 8C, filed on May 4, 2009

      (d)   If the merger or reorganization agreement has not been filed with
            the Commission, provide a copy of the agreement as an exhibit to
            this form. N/A


                                  VERIFICATION

            The undersigned states that (i) he has executed this Form N-8F
application for an order under Section 8(f) of the Investment Company Act of
1940 on behalf of ACM Managed Dollar Income Fund, Inc., (ii) he is the Assistant
Secretary of ACM Managed Dollar Income Fund, Inc., and (iii) all actions by
shareholders, directors, and any other body necessary to authorize the
undersigned to execute and file this Form N-8F application have been taken. The
undersigned also states that the facts set forth in this Form N-8F application
are true to the best of his knowledge, information and belief.


                                          /s/ Stephen J. Laffey
                                          ---------------------
                                          Stephen J. Laffey
                                          Assistant Secretary

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