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
0.80 %
3) NFE Financing LLC 12.00%, 11/15/29
0.65 %
4) CCO Holdings 4.75%, 02/01/32
0.64 %
5) EchoStar Corp. 10.75%, 11/30/29
0.61 %
6) Dominican Republic Intl Bond 8.625%, 04/20/27
0.60 %
7) Royal Caribbean Cruises 5.50%, 08/31/26 – 04/01/28
0.53 %
8) AMMC CLO 25 Ltd. 11.052%, 04/15/35
0.51 %
9) Altice France SA 5.125%, 01/15/29 – 07/15/29
0.50 %
10) Cleveland-Cliffs, Inc. 7.50%, 09/15/31
0.47 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Consumer Non-Cyclical
7.09 %
Communications – Media
7.06 %
Energy
6.96 %
Capital Goods
4.53 %
Communications – Telecommunications
4.08 %
Basic
3.90 %
Consumer Cyclical – Other
3.57 %
Consumer Cyclical – Retailers
3.22 %
Services
2.82 %
Consumer Cyclical – Automotive
2.25 %
Technology
2.22 %
Transportation – Services
1.69 %
Transportation – Airlines
0.93 %
Consumer Cyclical – Entertainment
0.81 %
Consumer Cyclical – Restaurants
0.61 %
Other Industrial
0.37 %
Transportation – Railroads
0.04 %
SUBTOTAL
52.15 %
Credit Default Swaps
16.70 %
Financial Institutions
Finance
2.27 %
Brokerage
1.12 %
REITs
1.05 %
Insurance
0.57 %
Banking
0.54 %
Other Finance
0.47 %
SUBTOTAL
6.02 %
Utility
Electric
1.25 %
Natural Gas
0.05 %
SUBTOTAL
1.30 %
SUBTOTAL
76.17 %
Corporates – Investment Grade
Industrial
Communications – Media
1.30 %
Energy
1.11 %
Consumer Cyclical – Entertainment
1.05 %
Consumer Cyclical – Automotive
0.93 %
Consumer Cyclical – Other
0.69 %
Basic
0.58 %
Consumer Non-Cyclical
0.46 %
Transportation – Airlines
0.33 %
Consumer Cyclical – Retailers
0.31 %
Transportation – Services
0.18 %
Capital Goods
0.11 %
Other Industrial
0.05 %
Technology
0.03 %
Transportation – Railroads
0.03 %
Services
0.02 %
SUBTOTAL
7.18 %
Financial Institutions
Banking
4.25 %
Insurance
0.79 %
Finance
0.64 %
REITs
0.35 %
Brokerage
0.13 %
SUBTOTAL
6.16 %
Utility
Electric
1.34 %
Other Utility
0.05 %
SUBTOTAL
1.39 %
SUBTOTAL
14.73 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.94 %
Energy
1.23 %
Consumer Cyclical – Other
0.98 %
Consumer Non-Cyclical
0.79 %
Capital Goods
0.44 %
Communications – Telecommunications
0.20 %
Consumer Cyclical – Retailers
0.14 %
Transportation – Services
0.12 %
Communications – Media
0.06 %
Other Industrial
0.03 %
SUBTOTAL
5.93 %
Utility
Electric
0.35 %
Other Utility
0.10 %
SUBTOTAL
0.45 %
Financial Institutions
Banking
0.22 %
Other Finance
0.02 %
SUBTOTAL
0.24 %
SUBTOTAL
6.62 %
Bank Loans
Industrial
Consumer Non-Cyclical
1.00 %
Technology
0.92 %
Communications – Media
0.80 %
Communications – Telecommunications
0.39 %
Capital Goods
0.37 %
Transportation – Airlines
0.23 %
Other Industrial
0.17 %
Transportation – Services
0.17 %
Energy
0.14 %
Consumer Cyclical – Automotive
0.10 %
Consumer Cyclical – Other
0.05 %
Consumer Cyclical – Retailers
0.05 %
Consumer Cyclical – Restaurants
0.02 %
SUBTOTAL
4.41 %
Financial Institutions
Insurance
0.38 %
Brokerage
0.15 %
Banking
0.02 %
SUBTOTAL
0.55 %
Utility
Electric
0.06 %
SUBTOTAL
0.06 %
SUBTOTAL
5.02 %
Interest Rate Futures
2.75 %
Emerging Markets – Sovereigns
2.32 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
1.50 %
Non-Agency Fixed Rate
0.30 %
Non-Agency Floating Rate
0.28 %
Agency Fixed Rate
0.20 %
SUBTOTAL
2.28 %
Collateralized Loan Obligations
CLO – Floating Rate
2.22 %
SUBTOTAL
2.22 %
U.S. Govt & Agency Securities
1.63 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
1.28 %
SUBTOTAL
1.28 %
Emerging Markets – Treasuries
0.47 %
Local Governments – US Municipal Bonds
0.39 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS
0.28 %
SUBTOTAL
0.28 %
Asset-Backed Securities
Other ABS – Floating Rate
0.18 %
Autos – Fixed Rate
0.08 %
SUBTOTAL
0.26 %
Inflation-Linked Securities
0.25 %
Common Stocks
0.17 %
Preferred Stocks
Industrials
0.11 %
SUBTOTAL
0.11 %
Forward Currency Exchange Contracts
Currency Instruments
0.04 %
SUBTOTAL
0.04 %
EM Government Agencies
-0.40 %
Reverse Repurchase Agreements
-0.40 %
Cash & Cash Equivalents
Funds and Investment Trusts
1.74 %
Cash
0.63 %
Corporates – Non-Investment Grade
0.05 %
SUBTOTAL
2.42 %
Derivative Offsets
Futures Offsets
-2.70 %
Swap Offsets
-15.91 %
SUBTOTAL
-18.61 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
67.63 %
United Kingdom
3.44 %
France
2.52 %
Canada
2.16 %
Brazil
1.90 %
Italy
1.44 %
Mexico
1.38 %
Colombia
1.28 %
Germany
1.23 %
Spain
1.05 %
India
0.96 %
Israel
0.80 %
Luxembourg
0.79 %
Chile
0.78 %
South Africa
0.76 %
Turkey
0.64 %
Australia
0.62 %
Dominican Republic
0.60 %
Nigeria
0.58 %
Netherlands
0.55 %
Hong Kong
0.52 %
Peru
0.52 %
Macau
0.51 %
China
0.50 %
Angola
0.36 %
Puerto Rico
0.35 %
Ireland
0.34 %
Indonesia
0.33 %
Finland
0.31 %
Jersey (Channel Islands)
0.29 %
Switzerland
0.29 %
Zambia
0.28 %
Kazakhstan
0.25 %
Egypt
0.24 %
Panama
0.23 %
Norway
0.21 %
Slovenia
0.20 %
Senegal
0.19 %
Romania
0.18 %
El Salvador
0.13 %
Uzbekistan
0.13 %
Azerbaijan
0.11 %
Guatemala
0.11 %
Ukraine
0.11 %
Malaysia
0.08 %
Cayman Islands
0.07 %
Jamaica
0.05 %
Argentina
0.04 %
Austria
0.04 %
Czech Republic
0.04 %
Kuwait
0.04 %
Morocco
0.04 %
Serbia
0.03 %
Japan
0.02 %
Trinidad and Tobago
0.02 %
Cash & Cash Equivalents
1.73 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
100.38 %
Canadian Dollar
0.17 %
Pound Sterling
0.12 %
Indian Rupee
0.01 %
Norwegian Krone
0.01 %
Peruvian Sol
0.01 %
Swiss Franc
-0.01 %
Czech Koruna
-0.01 %
Mexican Peso
-0.01 %
Singapore Dollar
-0.01 %
Colombian Peso
-0.13 %
Euro
-0.53 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
0.78 %
AA
0.25 %
A
1.34 %
BBB
15.71 %
BB
43.54 %
B
23.98 %
CCC
8.42 %
CC
0.21 %
C
0.01 %
Not Rated
2.59 %
Short Term Investments
1.79 %
Reverse Repurchase Agreements
-0.40 %
N/A
1.78 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
9.21 %
1 To 5 Years
66.32 %
5 To 10 Years
20.47 %
10 To 20 Years
2.69 %
20 To 30 Years
0.88 %
More than 30 Years
0.26 %
Other
0.17 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.61 %
Average Bond Price:
96.8
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
17.10 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
VRDP Shares:
0.00 %
Total Fund Leverage:
17.10 %
Average Maturity:
4.32 Years
Effective Duration:
2.99 Years
Total Net Assets:
$986.04 Million
Net Asset Value:
$11.43
Total Number of Holdings:
1,216
Portfolio Turnover:
45.00 %