AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1) U.S. Treasury Notes 2.25%, 02/15/27
1.08 %
2) CCO Holdings 4.50%, 08/15/30 – 06/01/33
0.80 %
3) CCO Holdings 4.75%, 02/01/32
0.65 %
4) Dominican Republic Intl Bond 8.625%, 04/20/27
0.61 %
5) EchoStar Corp. 10.75%, 11/30/29
0.61 %
6) Royal Caribbean Cruises 5.50%, 08/31/26 – 04/01/28
0.57 %
7) NFE Financing LLC 12.00%, 11/15/29
0.56 %
8) Altice France SA 5.125%, 01/15/29 – 07/15/29
0.52 %
9) AMMC CLO 25 Ltd. 11.052%, 04/15/35
0.51 %
10) DaVita, Inc. 4.625%, 06/01/30
0.49 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Energy
7.07 %
Communications – Media
7.01 %
Consumer Non-Cyclical
6.91 %
Capital Goods
4.82 %
Basic
4.33 %
Communications – Telecommunications
4.25 %
Consumer Cyclical – Other
3.72 %
Consumer Cyclical – Retailers
3.29 %
Services
2.89 %
Consumer Cyclical – Automotive
2.43 %
Technology
1.81 %
Transportation – Services
1.69 %
Transportation – Airlines
0.90 %
Consumer Cyclical – Entertainment
0.75 %
Consumer Cyclical – Restaurants
0.63 %
Other Industrial
0.38 %
Transportation – Railroads
0.04 %
SUBTOTAL
52.92 %
Credit Default Swaps
17.02 %
Financial Institutions
Finance
2.29 %
Brokerage
1.13 %
REITs
1.12 %
Financial Services
0.77 %
Insurance
0.58 %
Banking
0.49 %
SUBTOTAL
6.38 %
Utility
Electric
1.12 %
Natural Gas
0.05 %
SUBTOTAL
1.17 %
SUBTOTAL
77.49 %
Corporates – Investment Grade
Industrial
Communications – Media
1.13 %
Energy
1.09 %
Consumer Cyclical – Automotive
0.99 %
Consumer Cyclical – Entertainment
0.95 %
Basic
0.94 %
Consumer Cyclical – Other
0.69 %
Consumer Non-Cyclical
0.51 %
Transportation – Airlines
0.31 %
Consumer Cyclical – Retailers
0.25 %
Transportation – Services
0.16 %
Capital Goods
0.11 %
Other Industrial
0.06 %
Services
0.06 %
Technology
0.03 %
Transportation – Railroads
0.03 %
SUBTOTAL
7.31 %
Financial Institutions
Banking
4.14 %
Insurance
0.80 %
Finance
0.63 %
REITs
0.35 %
Brokerage
0.14 %
SUBTOTAL
6.06 %
Utility
Electric
1.29 %
Other Utility
0.05 %
SUBTOTAL
1.34 %
SUBTOTAL
14.71 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.89 %
Energy
1.26 %
Consumer Cyclical – Other
0.99 %
Consumer Non-Cyclical
0.91 %
Capital Goods
0.47 %
Communications – Telecommunications
0.20 %
Transportation – Services
0.12 %
Communications – Media
0.07 %
Consumer Cyclical – Retailers
0.05 %
Other Industrial
0.03 %
SUBTOTAL
5.99 %
Utility
Electric
0.37 %
Other Utility
0.10 %
SUBTOTAL
0.47 %
Financial Institutions
Banking
0.23 %
Financial Services
0.02 %
SUBTOTAL
0.25 %
SUBTOTAL
6.71 %
Bank Loans
Industrial
Technology
1.35 %
Consumer Non-Cyclical
0.99 %
Communications – Media
0.80 %
Communications – Telecommunications
0.40 %
Capital Goods
0.35 %
Transportation – Airlines
0.23 %
Other Industrial
0.18 %
Transportation – Services
0.17 %
Consumer Cyclical – Automotive
0.10 %
Energy
0.09 %
Consumer Cyclical – Other
0.05 %
Consumer Cyclical – Retailers
0.05 %
Consumer Cyclical – Restaurants
0.02 %
SUBTOTAL
4.78 %
Financial Institutions
Insurance
0.38 %
Brokerage
0.16 %
Banking
0.02 %
SUBTOTAL
0.56 %
Utility
Electric
0.17 %
SUBTOTAL
0.17 %
SUBTOTAL
5.51 %
Interest Rate Futures
2.72 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
1.52 %
Non-Agency Fixed Rate
0.30 %
Non-Agency Floating Rate
0.29 %
Agency Fixed Rate
0.20 %
SUBTOTAL
2.31 %
Emerging Markets – Sovereigns
Emerging Markets – Sovereigns
2.45 %
Credit Default Swaps
-0.25 %
SUBTOTAL
2.20 %
Collateralized Loan Obligations
CLO – Floating Rate
2.00 %
SUBTOTAL
2.00 %
U.S. Govt & Agency Securities
1.66 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
1.64 %
SUBTOTAL
1.64 %
EM Government Agencies
0.62 %
Local Governments – US Municipal Bonds
0.40 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS
0.26 %
SUBTOTAL
0.26 %
Inflation-Linked Securities
0.25 %
Asset-Backed Securities
Other ABS – Floating Rate
0.18 %
Autos – Fixed Rate
0.07 %
SUBTOTAL
0.25 %
Emerging Markets – Treasuries
0.24 %
Common Stocks
0.24 %
Preferred Stocks
Industrials
0.11 %
SUBTOTAL
0.11 %
Forward Currency Exchange Contracts
Currency Instruments
-0.16 %
SUBTOTAL
-0.16 %
Reverse Repurchase Agreements
-0.53 %
Cash & Cash Equivalents
Cash
0.46 %
Funds and Investment Trusts
0.41 %
SUBTOTAL
0.87 %
Derivative Offsets
Futures Offsets
-2.66 %
Swap Offsets
-16.84 %
SUBTOTAL
-19.50 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
68.05 %
United Kingdom
3.50 %
France
2.72 %
Canada
2.43 %
Brazil
1.92 %
Mexico
1.73 %
Italy
1.46 %
Colombia
1.28 %
Germany
1.25 %
India
1.13 %
Spain
1.09 %
Israel
0.81 %
Luxembourg
0.79 %
Turkey
0.77 %
Chile
0.70 %
Australia
0.64 %
Dominican Republic
0.61 %
Nigeria
0.60 %
Netherlands
0.57 %
South Africa
0.55 %
Hong Kong
0.53 %
Macau
0.52 %
China
0.51 %
Peru
0.46 %
Angola
0.36 %
Puerto Rico
0.35 %
Finland
0.32 %
Indonesia
0.30 %
Switzerland
0.29 %
Jersey (Channel Islands)
0.27 %
Kazakhstan
0.25 %
Egypt
0.24 %
Panama
0.23 %
Zambia
0.22 %
Ireland
0.21 %
Norway
0.21 %
Slovenia
0.21 %
Romania
0.19 %
Senegal
0.19 %
Cayman Islands
0.15 %
Uzbekistan
0.13 %
El Salvador
0.12 %
Guatemala
0.12 %
Azerbaijan
0.11 %
Ukraine
0.10 %
Malaysia
0.08 %
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
0.41 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
100.04 %
Turkish Lira
0.25 %
Canadian Dollar
0.18 %
Pound Sterling
0.12 %
Norwegian Krone
0.02 %
Indian Rupee
0.01 %
New Zealand Dollar
0.01 %
New Taiwan Dollar
0.01 %
South African Rand
0.01 %
Mexican Peso
-0.01 %
Singapore Dollar
-0.01 %
Colombian Peso
-0.14 %
Euro
-0.49 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
1.12 %
AA
0.17 %
A
1.13 %
BBB
16.34 %
BB
44.42 %
B
24.44 %
CCC
8.12 %
CC
0.11 %
C
0.12 %
Not Rated
2.60 %
Short Term Investments
0.41 %
Reverse Repurchase Agreements
-0.53 %
N/A
1.55 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
5.51 %
1 To 5 Years
66.97 %
5 To 10 Years
22.81 %
10 To 20 Years
2.63 %
20 To 30 Years
1.03 %
More than 30 Years
0.81 %
Other
0.24 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.78 %
Average Bond Price:
95.41
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
17.84 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
VRDP Shares:
0.00 %
Total Fund Leverage:
17.84 %
Average Maturity:
4.74 Years
Effective Duration:
3.09 Years
Total Net Assets:
$966.05 Million
Net Asset Value:
$11.20
Total Number of Holdings:
1,244
Portfolio Turnover:
45.00 %