AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

Author's Avatar
Sep 23, 2024

PR Newswire

NEW YORK, Sept. 23, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of August 31, 2024.

AllianceBernstein Global High Income Fund, Inc.

Top 10 Fixed-Income Holdings

Portfolio %

1) U.S. Treasury Notes 2.25%, 02/15/27

1.06 %

2) CCO Holdings 4.50%, 08/15/30 - 06/01/33

0.70 %

3) CCO Holdings 4.75%, 02/01/32

0.63 %

4) Dominican Republic Intl Bond 8.625%, 04/20/27

0.61 %

5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28

0.53 %

6) AMMC CLO 25 Ltd. 12.051%, 04/15/35

0.51 %

7) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28

0.42 %

8) Palmer Square CLO Ltd. 11.713%, 01/15/35

0.42 %

9) Altice France SA 5.125%, 01/15/29 - 07/15/29

0.40 %

10) DaVita, Inc. 4.625%, 06/01/30

0.38 %

Investment Type

Portfolio %

Corporates - Non-Investment Grade

Industrial

Energy

7.14 %

Consumer Non-Cyclical

6.85 %

Communications - Media

6.09 %

Capital Goods

4.49 %

Basic

4.00 %

Consumer Cyclical - Other

3.47 %

Consumer Cyclical - Retailers

2.96 %

Communications - Telecommunications

2.75 %

Services

2.71 %

Consumer Cyclical - Automotive

2.51 %

Consumer Cyclical - Entertainment

1.78 %

Technology

1.72 %

Transportation - Services

1.18 %

Transportation - Airlines

1.10 %

Consumer Cyclical - Restaurants

0.52 %

Other Industrial

0.46 %

SUBTOTAL

49.73 %

Credit Default Swaps

14.56 %

Financial Institutions

Finance

2.02 %

REITs

1.01 %

Brokerage

0.94 %

Insurance

0.91 %

Other Finance

0.70 %

Banking

0.41 %

SUBTOTAL

5.99 %

Utility

Electric

0.81 %

Natural Gas

0.06 %

SUBTOTAL

0.87 %

SUBTOTAL

71.15 %

Corporates - Investment Grade

Industrial

Consumer Cyclical - Automotive

2.14 %

Energy

1.23 %

Communications - Media

1.11 %

Consumer Non-Cyclical

1.09 %

Basic

1.03 %

Consumer Cyclical - Other

0.87 %

Consumer Cyclical - Retailers

0.28 %

Transportation - Services

0.25 %

Consumer Cyclical - Entertainment

0.23 %

Capital Goods

0.19 %

Communications - Telecommunications

0.07 %

Technology

0.06 %

Transportation - Airlines

0.05 %

Other Industrial

0.04 %

Services

0.03 %

Transportation - Railroads

0.03 %

SUBTOTAL

8.70 %

Financial Institutions

Banking

5.60 %

Insurance

1.23 %

Finance

0.62 %

REITs

0.26 %

Brokerage

0.16 %

SUBTOTAL

7.87 %

Utility

Electric

1.38 %

Other Utility

0.05 %

SUBTOTAL

1.43 %

SUBTOTAL

18.00 %

Emerging Markets - Corporate Bonds

Industrial

Basic

1.75 %

Energy

1.07 %

Consumer Cyclical - Other

1.00 %

Consumer Non-Cyclical

0.70 %

Communications - Media

0.20 %

Capital Goods

0.18 %

Consumer Cyclical - Retailers

0.14 %

Communications - Telecommunications

0.13 %

Consumer Cyclical - Automotive

0.05 %

Services

0.04 %

Transportation - Services

0.02 %

SUBTOTAL

5.28 %

Utility

Electric

0.42 %

Other Utility

0.07 %

SUBTOTAL

0.49 %

Financial Institutions

Banking

0.12 %

SUBTOTAL

0.12 %

SUBTOTAL

5.89 %

Interest Rate Futures

3.62 %

Collateralized Loan Obligations

CLO - Floating Rate

3.54 %

SUBTOTAL

3.54 %

Bank Loans

Industrial

Consumer Non-Cyclical

0.73 %

Communications - Media

0.43 %

Technology

0.42 %

Communications - Telecommunications

0.36 %

Energy

0.35 %

Capital Goods

0.19 %

Other Industrial

0.17 %

Consumer Cyclical - Retailers

0.05 %

Consumer Cyclical - Restaurants

0.02 %

Transportation - Airlines

0.02 %

SUBTOTAL

2.74 %

Financial Institutions

Insurance

0.32 %

Finance

0.02 %

SUBTOTAL

0.34 %

SUBTOTAL

3.08 %

Collateralized Mortgage Obligations

Risk Share Floating Rate

2.16 %

Non-Agency Fixed Rate

0.32 %

Non-Agency Floating Rate

0.29 %

Agency Fixed Rate

0.21 %

SUBTOTAL

2.98 %

Emerging Markets - Sovereigns

Emerging Markets - Sovereigns

2.18 %

Credit Default Swaps

0.27 %

SUBTOTAL

2.45 %

U.S. Govt & Agency Securities

1.65 %

Quasi-Sovereigns

Quasi-Sovereign Bonds

1.20 %

SUBTOTAL

1.20 %

EM Government Agencies

0.49 %

Local Governments - US Municipal Bonds

0.40 %

Commercial Mortgage-Backed Securities

Non-Agency Fixed Rate CMBS

0.35 %

SUBTOTAL

0.35 %

Asset-Backed Securities

Other ABS - Floating Rate

0.26 %

Autos - Fixed Rate

0.08 %

SUBTOTAL

0.34 %

Inflation-Linked Securities

0.24 %

Common Stocks

0.16 %

Preferred Stocks

Industrials

0.09 %

SUBTOTAL

0.09 %

Forward Currency Exchange Contracts

Currency Instruments

-0.03 %

SUBTOTAL

-0.03 %

Reverse Repurchase Agreements

-0.60 %

Cash & Cash Equivalents

Funds and Investment Trusts

2.01 %

Cash

1.35 %

SUBTOTAL

3.36 %

Derivative Offsets

Futures Offsets

-3.62 %

Swap Offsets

-14.74 %

SUBTOTAL

-18.36 %

TOTAL

100.00 %

Country Breakdown

Portfolio %

United States

66.37 %

United Kingdom

3.91 %

France

2.65 %

Canada

2.14 %

Spain

1.68 %

Germany

1.65 %

Brazil

1.45 %

Colombia

1.38 %

Mexico

1.35 %

Luxembourg

1.14 %

Italy

0.99 %

Australia

0.95 %

India

0.92 %

Israel

0.79 %

Chile

0.76 %

Macau

0.63 %

Dominican Republic

0.61 %

China

0.57 %

South Africa

0.54 %

Nigeria

0.53 %

Peru

0.53 %

Hong Kong

0.52 %

Netherlands

0.48 %

Ireland

0.41 %

Puerto Rico

0.39 %

Switzerland

0.38 %

Kazakhstan

0.36 %

Turkey

0.33 %

Angola

0.32 %

Finland

0.32 %

Norway

0.32 %

Indonesia

0.27 %

Zambia

0.26 %

Egypt

0.23 %

El Salvador

0.23 %

Slovenia

0.22 %

Japan

0.18 %

Jersey (Channel Islands)

0.18 %

Ukraine

0.15 %

Panama

0.14 %

Guatemala

0.12 %

Argentina

0.10 %

Sweden

0.10 %

Azerbaijan

0.08 %

Malaysia

0.08 %

Morocco

0.05 %

Trinidad and Tobago

0.05 %

United Republic of Tanzania

0.05 %

Czech Republic

0.04 %

Kuwait

0.04 %

Romania

0.04 %

Cash & Cash Equivalents

2.02 %

Total Investments

100.00 %

Net Currency Exposure Breakdown

Portfolio %

US Dollar

100.15 %

Canadian Dollar

0.19 %

Pound Sterling

0.11 %

Norwegian Krone

0.02 %

Brazilian Real

0.01 %

Chinese Yuan Renminbi (Offshore)

0.01 %

Indonesian Rupiah

0.01 %

Chilean Peso

-0.01 %

Czech Koruna

-0.01 %

Polish Zloty

-0.01 %

Colombian Peso

-0.11 %

Euro

-0.36 %

Total Net Assets

100.00 %

Credit Rating

Portfolio %

AAA

1.11 %

AA

0.31 %

A

2.75 %

BBB

17.71 %

BB

43.55 %

B

20.33 %

CCC

7.47 %

CC

0.33 %

D

0.01 %

Not Rated

2.59 %

Short Term Investments

2.01 %

Reverse Repurchase Agreements

-0.61 %

N/A

2.44 %

Total

100.00 %

Bonds by Maturity

Portfolio %

Less than 1 Year

8.65 %

1 To 5 Years

61.30 %

5 To 10 Years

25.40 %

10 To 20 Years

2.23 %

20 To 30 Years

1.77 %

More than 30 Years

0.49 %

Other

0.16 %

Total Net Assets

100.00 %

Portfolio Statistics:

Average Coupon:

7.37 %

Average Bond Price:

96.42

Percentage of Leverage(based on gross assets):

Bank Borrowing:

0.00 %

Investment Operations:*

14.87 %

Preferred Stock:

0.00 %

Tender Option Bonds:

0.00 %

VMTP Shares:

0.00 %

VRDP Shares:

0.00 %

Total Fund Leverage:

14.87 %

Average Maturity:

5.17 Years

Effective Duration:

3.07 Years

Total Net Assets:

$979.84 Million

Net Asset Value:

$11.36

Total Number of Holdings:

1,270

Portfolio Turnover:

45.00 %

* Investment Operations may include the use of certain portfolio management techniques such as credit

default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.

The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The

Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.

favicon.png?sn=NY13368&sd=2024-09-23 View original content:https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-releases-monthly-portfolio-update-302255984.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

rt.gif?NewsItemId=NY13368&Transmission_Id=202409231606PR_NEWS_USPR_____NY13368&DateId=20240923