AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1) U.S. Treasury Notes 2.25%, 02/15/27
1.07 %
2) CCO Holdings 4.50%, 08/15/30 – 06/01/33
0.69 %
3) CCO Holdings 4.75%, 02/01/32
0.65 %
4) Dominican Republic Intl Bond 8.625%, 04/20/27
0.62 %
5) Sirius XM Radio, Inc. 4.00%, 07/15/28
0.59 %
6) Royal Caribbean Cruises 5.50%, 08/31/26 – 04/01/28
0.53 %
7) AMMC CLO 25 Ltd. 12.984%, 04/15/35
0.51 %
8) Palmer Square CLO Ltd. 11.805%, 01/15/35
0.42 %
9) Altice France SA/France 5.125%, 07/15/29
0.42 %
10) Carnival Holdings Bermuda 10.375%, 05/01/28
0.40 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Communications – Media
7.28 %
Consumer Non-Cyclical
6.68 %
Energy
6.36 %
Capital Goods
4.47 %
Services
3.18 %
Basic
3.17 %
Consumer Cyclical – Other
3.02 %
Consumer Cyclical – Entertainment
2.70 %
Communications – Telecommunications
2.68 %
Technology
2.63 %
Consumer Cyclical – Retailers
2.48 %
Consumer Cyclical – Automotive
2.46 %
Transportation – Services
1.07 %
Transportation – Airlines
0.91 %
Consumer Cyclical – Restaurants
0.38 %
Other Industrial
0.31 %
SUBTOTAL
49.78 %
Credit Default Swaps
16.19 %
Financial Institutions
Finance
2.43 %
REITs
1.13 %
Brokerage
0.95 %
Insurance
0.51 %
Other Finance
0.35 %
Banking
0.28 %
SUBTOTAL
5.65 %
Utility
Electric
0.45 %
Other Utility
0.15 %
Natural Gas
0.03 %
SUBTOTAL
0.63 %
SUBTOTAL
72.25 %
Corporates – Investment Grade
Industrial
Consumer Cyclical – Automotive
2.24 %
Energy
2.08 %
Consumer Non-Cyclical
1.26 %
Basic
1.04 %
Consumer Cyclical – Other
0.86 %
Communications – Media
0.65 %
Transportation – Airlines
0.30 %
Consumer Cyclical – Retailers
0.23 %
Consumer Cyclical – Entertainment
0.21 %
Services
0.19 %
Communications – Telecommunications
0.18 %
Capital Goods
0.14 %
Technology
0.13 %
Other Industrial
0.10 %
Transportation – Services
0.10 %
Transportation – Railroads
0.04 %
SUBTOTAL
9.75 %
Financial Institutions
Banking
6.26 %
Insurance
1.17 %
Finance
1.13 %
REITs
0.19 %
Brokerage
0.11 %
SUBTOTAL
8.86 %
Utility
Electric
0.59 %
SUBTOTAL
0.59 %
SUBTOTAL
19.20 %
Interest Rate Futures
9.63 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.13 %
Consumer Cyclical – Other
1.08 %
Consumer Non-Cyclical
0.83 %
Energy
0.67 %
Capital Goods
0.26 %
Technology
0.20 %
Communications – Media
0.15 %
Communications – Telecommunications
0.13 %
Consumer Cyclical – Retailers
0.09 %
Services
0.04 %
Transportation – Services
0.02 %
SUBTOTAL
4.60 %
Utility
Electric
0.36 %
SUBTOTAL
0.36 %
Financial Institutions
Banking
0.14 %
Other Finance
0.02 %
SUBTOTAL
0.16 %
SUBTOTAL
5.12 %
Collateralized Loan Obligations
CLO – Floating Rate
4.21 %
SUBTOTAL
4.21 %
Bank Loans
Industrial
Communications – Telecommunications
0.68 %
Technology
0.68 %
Consumer Non-Cyclical
0.54 %
Energy
0.37 %
Capital Goods
0.32 %
Communications – Media
0.24 %
Other Industrial
0.22 %
Consumer Cyclical – Automotive
0.09 %
Consumer Cyclical – Retailers
0.05 %
Consumer Cyclical – Restaurants
0.02 %
SUBTOTAL
3.21 %
Financial Institutions
Insurance
0.17 %
Finance
0.02 %
SUBTOTAL
0.19 %
Utility
Electric
0.18 %
SUBTOTAL
0.18 %
SUBTOTAL
3.58 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
2.42 %
Non-Agency Fixed Rate
0.34 %
Non-Agency Floating Rate
0.30 %
Agency Fixed Rate
0.25 %
SUBTOTAL
3.31 %
Emerging Markets – Sovereigns
Emerging Markets – Sovereigns
2.30 %
Credit Default Swaps
0.27 %
SUBTOTAL
2.57 %
Commercial Mortgage-Backed Securities
Credit Default Swaps
1.30 %
Non-Agency Fixed Rate CMBS
0.46 %
Non-Agency Floating Rate CMBS
0.03 %
SUBTOTAL
1.79 %
U.S. Govt & Agency Securities
1.67 %
Total Return Swaps
1.12 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
0.82 %
SUBTOTAL
0.82 %
Common Stocks
0.50 %
Local Governments – US Municipal Bonds
0.42 %
Inflation-Linked Securities
0.22 %
EM Government Agencies
0.13 %
Preferred Stocks
Industrials
0.10 %
SUBTOTAL
0.10 %
Asset-Backed Securities
Autos – Fixed Rate
0.08 %
Other ABS – Floating Rate
0.01 %
SUBTOTAL
0.09 %
Forward Currency Exchange Contracts
Currency Instruments
-0.20 %
SUBTOTAL
-0.20 %
Reverse Repurchase Agreements
-0.84 %
Cash & Cash Equivalents
Funds and Investment Trusts
1.33 %
Cash
0.22 %
SUBTOTAL
1.55 %
Derivative Offsets
Futures Offsets
-9.34 %
Swap Offsets
-17.90 %
SUBTOTAL
-27.24 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
70.68 %
United Kingdom
3.79 %
France
2.36 %
Germany
2.13 %
Canada
1.86 %
Spain
1.35 %
Luxembourg
1.31 %
Brazil
1.28 %
Mexico
1.09 %
Italy
1.00 %
Colombia
0.98 %
India
0.80 %
Australia
0.78 %
China
0.63 %
Dominican Republic
0.62 %
Nigeria
0.60 %
Macau
0.57 %
Hong Kong
0.53 %
Switzerland
0.52 %
Israel
0.49 %
Netherlands
0.47 %
South Africa
0.33 %
Finland
0.32 %
Angola
0.31 %
Kazakhstan
0.30 %
Norway
0.30 %
Turkey
0.30 %
Peru
0.29 %
Ireland
0.28 %
El Salvador
0.20 %
Chile
0.19 %
Ukraine
0.18 %
Zambia
0.18 %
Egypt
0.17 %
Japan
0.17 %
Argentina
0.16 %
Slovenia
0.16 %
Guatemala
0.15 %
Indonesia
0.14 %
Czech Republic
0.12 %
Venezuela
0.11 %
Sweden
0.10 %
Jamaica
0.06 %
Jersey (Channel Islands)
0.06 %
Ghana
0.05 %
Panama
0.05 %
Senegal
0.05 %
Kuwait
0.04 %
Malaysia
0.02 %
Trinidad and Tobago
0.02 %
Ecuador
0.01 %
Cash & Cash Equivalents
1.34 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
100.26 %
Canadian Dollar
0.19 %
Pound Sterling
0.07 %
Indonesian Rupiah
0.01 %
Indian Rupee
0.01 %
Japanese Yen
0.01 %
Norwegian Krone
0.01 %
Swiss Franc
-0.01 %
Czech Koruna
-0.01 %
Hungarian Forint
-0.01 %
Peruvian Sol
-0.01 %
Swedish Krona
-0.01 %
Colombian Peso
-0.14 %
Euro
-0.37 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
1.77 %
AA
0.59 %
A
2.58 %
BBB
18.79 %
BB
41.01 %
B
23.65 %
CCC
6.50 %
CC
0.17 %
C
0.11 %
D
0.01 %
Not Rated
3.00 %
Short Term Investments
1.33 %
Reverse Repurchase Agreements
-0.84 %
N/A
1.33 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
3.10 %
1 To 5 Years
58.59 %
5 To 10 Years
31.69 %
10 To 20 Years
3.06 %
20 To 30 Years
0.87 %
More than 30 Years
2.19 %
Other
0.50 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.50 %
Average Bond Price:
94.24
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
18.29 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
Total Fund Leverage:
18.29 %
Average Maturity:
6.03 Years
Effective Duration:
3.69 Years
Total Net Assets:
$962.97 Million
Net Asset Value:
$11.17
Total Number of Holdings:
1,387
Portfolio Turnover:
40.00 %