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
0.63 %
3) Dominican Republic Intl Bond 8.625%, 04/20/27
0.62 %
4) CCO Holdings 4.75%, 02/01/32
0.60 %
5) Sirius XM Radio, Inc. 4.00%, 07/15/28
0.54 %
6) Royal Caribbean Cruises 5.50%, 08/31/26 – 04/01/28
0.53 %
7) AMMC CLO 25 Ltd. 12.904%, 04/15/35
0.52 %
8) Palmer Square CLO Ltd. 11.726%, 01/15/35
0.43 %
9) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28
0.41 %
10) Altice France SA/France 5.125%, 07/15/29
0.41 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Communications – Media
7.04 %
Energy
6.65 %
Consumer Non-Cyclical
6.52 %
Capital Goods
4.38 %
Basic
3.39 %
Services
3.33 %
Consumer Cyclical – Other
3.05 %
Technology
2.84 %
Communications – Telecommunications
2.74 %
Consumer Cyclical – Retailers
2.65 %
Consumer Cyclical – Entertainment
2.52 %
Consumer Cyclical – Automotive
2.41 %
Transportation – Services
1.04 %
Transportation – Airlines
0.86 %
Other Industrial
0.35 %
Consumer Cyclical – Restaurants
0.28 %
SUBTOTAL
50.05 %
Credit Default Swaps
16.23 %
Financial Institutions
Finance
2.33 %
REITs
1.17 %
Insurance
0.96 %
Brokerage
0.84 %
Other Finance
0.36 %
Banking
0.28 %
SUBTOTAL
5.94 %
Utility
Electric
0.46 %
Other Utility
0.14 %
Natural Gas
0.08 %
SUBTOTAL
0.68 %
SUBTOTAL
72.90 %
Corporates – Investment Grade
Industrial
Consumer Cyclical – Automotive
2.22 %
Energy
1.94 %
Consumer Non-Cyclical
1.19 %
Consumer Cyclical – Other
0.90 %
Communications – Media
0.73 %
Basic
0.70 %
Consumer Cyclical – Retailers
0.35 %
Transportation – Airlines
0.30 %
Services
0.19 %
Capital Goods
0.15 %
Technology
0.13 %
Transportation – Services
0.13 %
Consumer Cyclical – Entertainment
0.11 %
Communications – Telecommunications
0.09 %
Transportation – Railroads
0.04 %
SUBTOTAL
9.17 %
Financial Institutions
Banking
6.58 %
Insurance
1.02 %
Finance
0.73 %
REITs
0.19 %
Brokerage
0.15 %
SUBTOTAL
8.67 %
Utility
Electric
0.78 %
Other Utility
0.05 %
SUBTOTAL
0.83 %
SUBTOTAL
18.67 %
Interest Rate Futures
5.71 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.50 %
Consumer Cyclical – Other
1.10 %
Consumer Non-Cyclical
0.80 %
Energy
0.66 %
Technology
0.20 %
Communications – Media
0.15 %
Capital Goods
0.14 %
Consumer Cyclical – Retailers
0.13 %
Transportation – Services
0.07 %
Services
0.04 %
SUBTOTAL
4.79 %
Utility
Electric
0.33 %
SUBTOTAL
0.33 %
Financial Institutions
Banking
0.09 %
Other Finance
0.02 %
SUBTOTAL
0.11 %
SUBTOTAL
5.23 %
Collateralized Loan Obligations
CLO – Floating Rate
4.24 %
SUBTOTAL
4.24 %
Bank Loans
Industrial
Communications – Telecommunications
0.61 %
Consumer Non-Cyclical
0.55 %
Technology
0.47 %
Energy
0.37 %
Communications – Media
0.30 %
Capital Goods
0.23 %
Other Industrial
0.23 %
Consumer Cyclical – Automotive
0.09 %
Consumer Cyclical – Retailers
0.05 %
Transportation – Airlines
0.05 %
Consumer Cyclical – Restaurants
0.02 %
SUBTOTAL
2.97 %
Financial Institutions
Insurance
0.18 %
Finance
0.02 %
SUBTOTAL
0.20 %
Utility
Electric
0.18 %
SUBTOTAL
0.18 %
SUBTOTAL
3.35 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
2.34 %
Non-Agency Fixed Rate
0.33 %
Non-Agency Floating Rate
0.30 %
Agency Fixed Rate
0.24 %
SUBTOTAL
3.21 %
Emerging Markets – Sovereigns
Emerging Markets – Sovereigns
2.38 %
Credit Default Swaps
0.27 %
SUBTOTAL
2.65 %
Commercial Mortgage-Backed Securities
Credit Default Swaps
1.31 %
Non-Agency Fixed Rate CMBS
0.40 %
Non-Agency Floating Rate CMBS
0.03 %
SUBTOTAL
1.74 %
U.S. Govt & Agency Securities
1.64 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
1.14 %
SUBTOTAL
1.14 %
Total Return Swaps
1.12 %
Common Stocks
0.44 %
Local Governments – US Municipal Bonds
0.41 %
EM Government Agencies
0.25 %
Inflation-Linked Securities
0.21 %
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
0.08 %
SUBTOTAL
0.08 %
Reverse Repurchase Agreements
-0.56 %
Cash & Cash Equivalents
Funds and Investment Trusts
0.54 %
Cash
0.52 %
SUBTOTAL
1.06 %
Derivative Offsets
Futures Offsets
-5.70 %
Swap Offsets
-17.98 %
SUBTOTAL
-23.68 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
69.92 %
United Kingdom
4.25 %
France
2.52 %
Canada
1.95 %
Germany
1.64 %
Luxembourg
1.46 %
Spain
1.38 %
Mexico
1.35 %
Brazil
1.33 %
Colombia
0.97 %
Italy
0.86 %
Australia
0.79 %
India
0.74 %
Dominican Republic
0.68 %
China
0.65 %
Nigeria
0.57 %
Macau
0.56 %
Hong Kong
0.55 %
Israel
0.54 %
Switzerland
0.52 %
Finland
0.48 %
Chile
0.47 %
Netherlands
0.47 %
Peru
0.41 %
Kazakhstan
0.34 %
South Africa
0.33 %
Angola
0.32 %
Norway
0.30 %
Turkey
0.29 %
Indonesia
0.25 %
Zambia
0.25 %
Egypt
0.21 %
El Salvador
0.21 %
Slovenia
0.21 %
Ukraine
0.20 %
Argentina
0.18 %
Ireland
0.18 %
Japan
0.18 %
Panama
0.14 %
Czech Republic
0.12 %
Sweden
0.10 %
Venezuela
0.09 %
Guatemala
0.08 %
Jersey (Channel Islands)
0.06 %
Cayman Islands
0.05 %
Ghana
0.05 %
Senegal
0.05 %
Austria
0.04 %
Kuwait
0.04 %
Romania
0.04 %
Trinidad and Tobago
0.04 %
Ecuador
0.02 %
Malaysia
0.02 %
Cash & Cash Equivalents
0.55 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
100.30 %
Canadian Dollar
0.18 %
Pound Sterling
0.08 %
Swiss Franc
0.01 %
Chilean Peso
0.01 %
Indonesian Rupiah
0.01 %
Indian Rupee
0.01 %
Norwegian Krone
0.01 %
Czech Koruna
-0.01 %
Peruvian Sol
-0.01 %
Singapore Dollar
-0.01 %
Colombian Peso
-0.14 %
Euro
-0.44 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
1.31 %
AA
0.48 %
A
2.89 %
BBB
18.34 %
BB
41.34 %
B
23.27 %
CCC
7.17 %
CC
0.13 %
C
0.09 %
Not Rated
3.08 %
Short Term Investments
0.54 %
Reverse Repurchase Agreements
-0.56 %
N/A
1.92 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
3.42 %
1 To 5 Years
59.71 %
5 To 10 Years
30.95 %
10 To 20 Years
2.97 %
20 To 30 Years
0.84 %
More than 30 Years
1.66 %
Other
0.45 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.62 %
Average Bond Price:
94.03
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
18.05 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
Total Fund Leverage:
18.05 %
Average Maturity:
5.88 Years
Effective Duration:
3.48 Years
Total Net Assets:
$958.28 Million
Net Asset Value:
$11.11
Total Number of Holdings:
1,333
Portfolio Turnover:
40.00 %