AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1) U.S. Treasury Notes 2.25%, 02/15/27
1.12 %
2) Dominican Republic Intl Bond 8.625%, 04/20/27
0.66 %
3) CCO Holdings 4.50%, 08/15/30 – 06/01/33
0.65 %
4) CCO Holdings 4.75%, 02/01/32
0.61 %
5) Sirius XM Radio, Inc. 4.00%, 07/15/28
0.58 %
6) Royal Caribbean Cruises 5.50%, 08/31/26 – 04/01/28
0.56 %
7) AMMC CLO 25 Ltd. 12.984%, 04/15/35
0.53 %
8) Ford Motor Credit Co. LLC 7.35%, 11/04/27
0.50 %
9) Ford Motor Co. 6.10%, 08/19/32
0.47 %
10) Carnival Holdings Bermuda 10.375%, 05/01/28
0.45 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Communications – Media
6.99 %
Consumer Non-Cyclical
6.60 %
Energy
5.90 %
Capital Goods
4.01 %
Services
3.13 %
Consumer Cyclical – Other
3.08 %
Basic
2.85 %
Consumer Cyclical – Entertainment
2.78 %
Consumer Cyclical – Automotive
2.73 %
Technology
2.54 %
Communications – Telecommunications
2.52 %
Consumer Cyclical – Retailers
2.40 %
Transportation – Services
0.95 %
Transportation – Airlines
0.84 %
Consumer Cyclical – Restaurants
0.34 %
Other Industrial
0.20 %
SUBTOTAL
47.86 %
Credit Default Swaps
21.27 %
Financial Institutions
Finance
2.11 %
Brokerage
1.03 %
REITs
0.96 %
Insurance
0.52 %
Other Finance
0.36 %
Banking
0.15 %
SUBTOTAL
5.13 %
Utility
Electric
0.66 %
Natural Gas
0.15 %
Other Utility
0.15 %
SUBTOTAL
0.96 %
SUBTOTAL
75.22 %
Corporates – Investment Grade
Industrial
Consumer Cyclical – Automotive
3.13 %
Energy
2.02 %
Basic
0.96 %
Consumer Non-Cyclical
0.95 %
Consumer Cyclical – Other
0.86 %
Communications – Media
0.61 %
Transportation – Airlines
0.36 %
Technology
0.23 %
Consumer Cyclical – Entertainment
0.22 %
Consumer Cyclical – Retailers
0.20 %
Services
0.20 %
Communications – Telecommunications
0.18 %
Capital Goods
0.14 %
Other Industrial
0.10 %
Transportation – Railroads
0.04 %
Transportation – Services
0.03 %
SUBTOTAL
10.23 %
Financial Institutions
Banking
5.85 %
Finance
1.14 %
Insurance
1.10 %
REITs
0.19 %
Brokerage
0.11 %
SUBTOTAL
8.39 %
Utility
Electric
0.59 %
SUBTOTAL
0.59 %
SUBTOTAL
19.21 %
Interest Rate Futures
10.40 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.28 %
Consumer Cyclical – Other
1.11 %
Energy
0.73 %
Consumer Non-Cyclical
0.72 %
Capital Goods
0.36 %
Technology
0.20 %
Communications – Telecommunications
0.13 %
Communications – Media
0.10 %
Services
0.05 %
Transportation – Services
0.02 %
SUBTOTAL
4.70 %
Utility
Electric
0.33 %
SUBTOTAL
0.33 %
Financial Institutions
Banking
0.15 %
Other Finance
0.02 %
SUBTOTAL
0.17 %
SUBTOTAL
5.20 %
Collateralized Loan Obligations
CLO – Floating Rate
4.40 %
SUBTOTAL
4.40 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
3.09 %
Non-Agency Fixed Rate
0.36 %
Non-Agency Floating Rate
0.31 %
Agency Fixed Rate
0.29 %
SUBTOTAL
4.05 %
Bank Loans
Industrial
Communications – Telecommunications
0.75 %
Consumer Non-Cyclical
0.58 %
Technology
0.56 %
Energy
0.40 %
Capital Goods
0.32 %
Communications – Media
0.25 %
Other Industrial
0.24 %
Consumer Cyclical – Automotive
0.10 %
Consumer Cyclical – Retailers
0.05 %
Consumer Cyclical – Restaurants
0.02 %
SUBTOTAL
3.27 %
Financial Institutions
Insurance
0.17 %
Finance
0.03 %
SUBTOTAL
0.20 %
Utility
Electric
0.19 %
SUBTOTAL
0.19 %
SUBTOTAL
3.66 %
Emerging Markets – Sovereigns
Emerging Markets – Sovereigns
2.34 %
Credit Default Swaps
0.28 %
SUBTOTAL
2.62 %
Commercial Mortgage-Backed Securities
Credit Default Swaps
1.44 %
Non-Agency Fixed Rate CMBS
0.51 %
Non-Agency Floating Rate CMBS
0.03 %
SUBTOTAL
1.98 %
U.S. Govt & Agency Securities
1.71 %
Total Return Swaps
1.06 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
0.81 %
SUBTOTAL
0.81 %
Common Stocks
0.56 %
Local Governments – US Municipal Bonds
0.41 %
Inflation-Linked Securities
0.21 %
Asset-Backed Securities
Autos – Fixed Rate
0.08 %
Other ABS – Fixed Rate
0.07 %
Other ABS – Floating Rate
0.01 %
SUBTOTAL
0.16 %
Preferred Stocks
Industrials
0.11 %
SUBTOTAL
0.11 %
EM Government Agencies
0.07 %
Options Purchased – Puts
Options on Equity Indices
0.03 %
SUBTOTAL
0.03 %
Forward Currency Exchange Contracts
Currency Instruments
0.03 %
SUBTOTAL
0.03 %
Rights
0.01 %
Reverse Repurchase Agreements
-0.81 %
Cash & Cash Equivalents
Cash
2.98 %
Funds and Investment Trusts
1.08 %
SUBTOTAL
4.06 %
Derivative Offsets
Futures Offsets
-10.69 %
Swap Offsets
-24.47 %
SUBTOTAL
-35.16 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
72.05 %
United Kingdom
3.62 %
France
2.20 %
Germany
1.88 %
Canada
1.53 %
Luxembourg
1.49 %
Brazil
1.35 %
Spain
1.16 %
Mexico
1.06 %
Colombia
0.88 %
Italy
0.88 %
India
0.83 %
Australia
0.72 %
Dominican Republic
0.67 %
Macau
0.60 %
Nigeria
0.57 %
China
0.56 %
Hong Kong
0.54 %
Israel
0.49 %
Switzerland
0.46 %
Netherlands
0.40 %
South Africa
0.34 %
Angola
0.33 %
Finland
0.33 %
Norway
0.31 %
Turkey
0.31 %
Kazakhstan
0.30 %
Peru
0.29 %
Indonesia
0.21 %
Ukraine
0.21 %
El Salvador
0.20 %
Zambia
0.20 %
Japan
0.18 %
Egypt
0.15 %
Slovenia
0.15 %
Guatemala
0.14 %
Argentina
0.13 %
Ireland
0.13 %
Jersey (Channel Islands)
0.13 %
Chile
0.12 %
Czech Republic
0.12 %
Venezuela
0.12 %
Sweden
0.11 %
South Korea
0.10 %
Jamaica
0.07 %
Gabon
0.05 %
Ghana
0.05 %
Panama
0.05 %
Senegal
0.05 %
Kuwait
0.04 %
Ecuador
0.02 %
Trinidad and Tobago
0.02 %
Cash & Cash Equivalents
1.10 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
99.94 %
Canadian Dollar
0.20 %
Pound Sterling
0.05 %
Norwegian Krone
0.02 %
Indonesian Rupiah
0.01 %
Japanese Yen
0.01 %
Mexican Peso
0.01 %
Swiss Franc
-0.01 %
Chinese Yuan Renminbi (Offshore)
-0.01 %
Czech Koruna
-0.01 %
Hungarian Forint
-0.01 %
Peruvian Sol
-0.01 %
Swedish Krona
-0.01 %
Singapore Dollar
-0.01 %
Euro
-0.02 %
Colombian Peso
-0.15 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
3.66 %
AA
0.82 %
A
2.57 %
BBB
19.25 %
BB
39.25 %
B
22.41 %
CCC
6.32 %
CC
0.12 %
C
0.12 %
Not Rated
3.57 %
Short Term Investments
1.08 %
Reverse Repurchase Agreements
-0.81 %
N/A
1.64 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
4.79 %
1 To 5 Years
52.08 %
5 To 10 Years
35.21 %
10 To 20 Years
3.31 %
20 To 30 Years
2.51 %
More than 30 Years
1.53 %
Other
0.57 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.74 %
Average Bond Price:
88.34
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
24.51 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
Total Fund Leverage:
24.51 %
Average Maturity:
6.55 Years
Effective Duration:
3.91 Years
Total Net Assets:
$888.96 Million
Net Asset Value:
$10.31
Total Number of Holdings:
1,362
Portfolio Turnover:
40.00 %