AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings
Portfolio %
1) U.S. Treasury Notes 2.25%, 02/15/27
1.10 %
2) CCO Holdings 4.50%, 08/15/30 – 06/01/33
0.84 %
3) CCO Holdings 4.75%, 02/01/32
0.67 %
4) EchoStar Corp. 10.75%, 11/30/29
0.62 %
5) Royal Caribbean Cruises 5.50%, 08/31/26 – 04/01/28
0.58 %
6) Altice France SA 5.125%, 01/15/29 – 07/15/29
0.55 %
7) DaVita, Inc. 4.625%, 06/01/30
0.51 %
8) AMMC CLO 25 Ltd. 11.006%, 04/15/35
0.50 %
9) NFE Financing LLC 12.00%, 11/15/29
0.47 %
10) Bausch Health Cos., Inc. 11.00%, 09/30/28
0.44 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Consumer Non-Cyclical
7.47 %
Communications – Media
7.11 %
Energy
6.98 %
Capital Goods
4.68 %
Communications – Telecommunications
4.41 %
Basic
4.24 %
Consumer Cyclical – Other
3.83 %
Consumer Cyclical – Retailers
3.55 %
Services
3.01 %
Consumer Cyclical – Automotive
2.31 %
Technology
1.94 %
Transportation – Services
1.76 %
Transportation – Airlines
0.92 %
Consumer Cyclical – Entertainment
0.73 %
Consumer Cyclical – Restaurants
0.67 %
Other Industrial
0.40 %
Transportation – Railroads
0.04 %
SUBTOTAL
54.05 %
Credit Default Swaps
19.53 %
Financial Institutions
Finance
2.38 %
Brokerage
1.32 %
REITs
1.28 %
Financial Services
0.79 %
Insurance
0.63 %
Banking
0.44 %
SUBTOTAL
6.84 %
Utility
Electric
1.08 %
Natural Gas
0.10 %
SUBTOTAL
1.18 %
SUBTOTAL
81.60 %
Corporates – Investment Grade
Industrial
Communications – Media
1.19 %
Energy
1.08 %
Consumer Cyclical – Entertainment
0.96 %
Basic
0.92 %
Consumer Cyclical – Other
0.81 %
Consumer Cyclical – Automotive
0.64 %
Consumer Non-Cyclical
0.48 %
Transportation – Airlines
0.29 %
Consumer Cyclical – Retailers
0.27 %
Transportation – Services
0.16 %
Other Industrial
0.06 %
Services
0.06 %
Capital Goods
0.03 %
Transportation – Railroads
0.03 %
SUBTOTAL
6.98 %
Financial Institutions
Banking
3.30 %
Insurance
0.53 %
Finance
0.52 %
REITs
0.39 %
Brokerage
0.14 %
SUBTOTAL
4.88 %
Utility
Electric
1.08 %
Other Utility
0.05 %
SUBTOTAL
1.13 %
SUBTOTAL
12.99 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.72 %
Energy
1.10 %
Consumer Cyclical – Other
0.99 %
Consumer Non-Cyclical
0.81 %
Capital Goods
0.39 %
Communications – Telecommunications
0.20 %
Transportation – Services
0.12 %
Communications – Media
0.07 %
Consumer Cyclical – Retailers
0.05 %
Other Industrial
0.03 %
SUBTOTAL
5.48 %
Utility
Electric
0.41 %
Other Utility
0.10 %
SUBTOTAL
0.51 %
Financial Institutions
Banking
0.22 %
SUBTOTAL
0.22 %
SUBTOTAL
6.21 %
Bank Loans
Industrial
Technology
1.36 %
Consumer Non-Cyclical
1.08 %
Communications – Media
0.79 %
Communications – Telecommunications
0.40 %
Capital Goods
0.36 %
Consumer Cyclical – Retailers
0.25 %
Transportation – Airlines
0.22 %
Transportation – Services
0.17 %
Other Industrial
0.15 %
Consumer Cyclical – Automotive
0.10 %
Energy
0.09 %
Consumer Cyclical – Other
0.05 %
Consumer Cyclical – Restaurants
0.02 %
SUBTOTAL
5.04 %
Financial Institutions
Insurance
0.54 %
Brokerage
0.16 %
Banking
0.02 %
SUBTOTAL
0.72 %
Utility
Electric
0.17 %
SUBTOTAL
0.17 %
SUBTOTAL
5.93 %
Interest Rate Futures
2.87 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
1.44 %
Non-Agency Fixed Rate
0.30 %
Non-Agency Floating Rate
0.28 %
Agency Fixed Rate
0.20 %
SUBTOTAL
2.22 %
Emerging Markets – Sovereigns
Emerging Markets – Sovereigns
2.22 %
Credit Default Swaps
-0.25 %
SUBTOTAL
1.97 %
U.S. Govt & Agency Securities
1.68 %
Collateralized Loan Obligations
CLO – Floating Rate
1.62 %
SUBTOTAL
1.62 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
1.55 %
SUBTOTAL
1.55 %
EM Government Agencies
0.53 %
Local Governments – US Municipal Bonds
0.40 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS
0.26 %
SUBTOTAL
0.26 %
Emerging Markets – Treasuries
0.26 %
Inflation-Linked Securities
0.25 %
Asset-Backed Securities
Other ABS – Floating Rate
0.17 %
Autos – Fixed Rate
0.07 %
SUBTOTAL
0.24 %
Common Stocks
0.20 %
Preferred Stocks
Industrials
0.11 %
SUBTOTAL
0.11 %
Governments – Sovereign Agencies
0.05 %
Forward Currency Exchange Contracts
Currency Instruments
-0.40 %
SUBTOTAL
-0.40 %
Reverse Repurchase Agreements
-0.57 %
Cash & Cash Equivalents
Funds and Investment Trusts
1.67 %
Cash
0.40 %
SUBTOTAL
2.07 %
Derivative Offsets
Futures Offsets
-2.77 %
Swap Offsets
-19.27 %
SUBTOTAL
-22.04 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
67.83 %
United Kingdom
3.21 %
France
2.97 %
Canada
2.43 %
Brazil
1.79 %
Mexico
1.64 %
Italy
1.37 %
Colombia
1.14 %
Germany
1.14 %
Spain
1.14 %
India
0.93 %
Australia
0.85 %
Luxembourg
0.81 %
Israel
0.77 %
Turkey
0.77 %
Chile
0.65 %
Netherlands
0.59 %
Nigeria
0.58 %
South Africa
0.54 %
Hong Kong
0.53 %
Macau
0.52 %
Dominican Republic
0.41 %
Peru
0.40 %
Angola
0.35 %
Puerto Rico
0.35 %
China
0.34 %
Finland
0.32 %
Kazakhstan
0.31 %
Indonesia
0.30 %
Switzerland
0.28 %
Jersey (Channel Islands)
0.26 %
Egypt
0.24 %
Panama
0.24 %
Ireland
0.22 %
Slovenia
0.22 %
Zambia
0.21 %
Romania
0.18 %
Senegal
0.18 %
Norway
0.17 %
Cayman Islands
0.14 %
El Salvador
0.12 %
Guatemala
0.12 %
Azerbaijan
0.11 %
Morocco
0.10 %
Ukraine
0.10 %
Uzbekistan
0.10 %
Malaysia
0.08 %
Argentina
0.05 %
Jamaica
0.05 %
Austria
0.04 %
Czech Republic
0.04 %
Kuwait
0.04 %
Serbia
0.03 %
Japan
0.02 %
Trinidad and Tobago
0.02 %
Cash & Cash Equivalents
1.66 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
99.98 %
Canadian Dollar
0.18 %
Pound Sterling
0.13 %
Norwegian Krone
0.02 %
Brazilian Real
0.01 %
Indonesian Rupiah
0.01 %
Indian Rupee
0.01 %
New Zealand Dollar
0.01 %
South African Rand
0.01 %
Swiss Franc
-0.01 %
Czech Koruna
-0.01 %
Mexican Peso
-0.01 %
Polish Zloty
-0.01 %
Singapore Dollar
-0.01 %
Euro
-0.31 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
1.39 %
AA
0.18 %
A
0.55 %
BBB
15.09 %
BB
44.49 %
B
24.75 %
CCC
8.32 %
CC
0.13 %
C
0.12 %
Not Rated
2.67 %
Short Term Investments
1.67 %
Reverse Repurchase Agreements
-0.57 %
N/A
1.21 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
6.72 %
1 to 5 Years
67.69 %
5 to 10 Years
20.87 %
10 to 20 Years
2.43 %
20 to 30 Years
1.14 %
More than 30 Years
0.95 %
Other
0.20 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.79 %
Average Bond Price:
94.69
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
20.78 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
VRDP Shares:
0.00 %
Total Fund Leverage:
20.78 %
Average Maturity:
4.70 Years
Effective Duration:
3.00 Years
Total Net Assets:
$958.23 Million
Net Asset Value:
$11.11
Total Number of Holdings:
1,244
Portfolio Turnover:
45.00 %