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
0.84 %
3) CCO Holdings 4.75%, 02/01/32
0.68 %
4) Royal Caribbean Cruises 5.50%, 08/31/26 – 04/01/28
0.56 %
5) Altice France SA 5.125%, 01/15/29 – 07/15/29
0.54 %
6) AMMC CLO 25 Ltd. 11.006%, 04/15/35
0.51 %
7) DaVita, Inc. 4.625%, 06/01/30
0.46 %
8) Warnermedia Holdings 4.279%, 03/15/32
0.45 %
9) Societe Generale SA 5.512%, 05/22/31
0.43 %
10) Bausch Health Cos., Inc. 11.00%, 09/30/28
0.42 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Communications – Media
8.13 %
Consumer Non-Cyclical
7.08 %
Energy
6.35 %
Capital Goods
4.52 %
Communications – Telecommunications
4.19 %
Basic
3.98 %
Consumer Cyclical – Retailers
3.75 %
Consumer Cyclical – Other
3.66 %
Services
3.18 %
Consumer Cyclical – Automotive
2.03 %
Technology
1.99 %
Transportation – Services
1.69 %
Transportation – Airlines
0.84 %
Consumer Cyclical – Restaurants
0.62 %
Other Industrial
0.43 %
Consumer Cyclical – Entertainment
0.41 %
Transportation – Railroads
0.04 %
SUBTOTAL
52.89 %
Credit Default Swaps
13.43 %
Financial Institutions
Finance
2.55 %
REITs
1.30 %
Brokerage
1.27 %
Financial Services
0.97 %
Insurance
0.65 %
Banking
0.38 %
SUBTOTAL
7.12 %
Utility
Electric
1.00 %
Natural Gas
0.19 %
SUBTOTAL
1.19 %
SUBTOTAL
74.63 %
Corporates – Investment Grade
Industrial
Energy
1.62 %
Consumer Cyclical – Other
1.36 %
Communications – Media
1.06 %
Consumer Cyclical – Entertainment
0.88 %
Basic
0.83 %
Consumer Cyclical – Automotive
0.71 %
Consumer Non-Cyclical
0.43 %
Consumer Cyclical – Retailers
0.28 %
Transportation – Airlines
0.25 %
Communications – Telecommunications
0.19 %
Transportation – Services
0.11 %
Other Industrial
0.07 %
Transportation – Railroads
0.03 %
Services
0.02 %
SUBTOTAL
7.84 %
Financial Institutions
Banking
3.76 %
REITs
0.54 %
Finance
0.49 %
Insurance
0.43 %
Brokerage
0.13 %
SUBTOTAL
5.35 %
Utility
Electric
1.02 %
Other Utility
0.05 %
SUBTOTAL
1.07 %
SUBTOTAL
14.26 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.82 %
Energy
1.01 %
Consumer Cyclical – Other
0.97 %
Consumer Non-Cyclical
0.69 %
Capital Goods
0.28 %
Communications – Telecommunications
0.18 %
Transportation – Services
0.12 %
Communications – Media
0.07 %
Consumer Cyclical – Retailers
0.05 %
Other Industrial
0.03 %
SUBTOTAL
5.22 %
Utility
Electric
0.46 %
Other Utility
0.10 %
SUBTOTAL
0.56 %
Financial Institutions
Banking
0.22 %
SUBTOTAL
0.22 %
SUBTOTAL
6.00 %
Bank Loans
Industrial
Technology
1.38 %
Consumer Non-Cyclical
1.08 %
Communications – Media
0.63 %
Communications – Telecommunications
0.39 %
Capital Goods
0.37 %
Consumer Cyclical – Retailers
0.26 %
Transportation – Airlines
0.22 %
Transportation – Services
0.17 %
Other Industrial
0.11 %
Consumer Cyclical – Automotive
0.09 %
Consumer Cyclical – Other
0.05 %
Consumer Cyclical – Restaurants
0.02 %
SUBTOTAL
4.77 %
Financial Institutions
Insurance
0.55 %
Financial Services
0.17 %
Brokerage
0.15 %
Banking
0.02 %
SUBTOTAL
0.89 %
Utility
Electric
0.17 %
SUBTOTAL
0.17 %
SUBTOTAL
5.83 %
Emerging Markets – Sovereigns
Emerging Markets – Sovereigns
2.72 %
Credit Default Swaps
-0.25 %
SUBTOTAL
2.47 %
Interest Rate Futures
2.31 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
1.14 %
Non-Agency Fixed Rate
0.29 %
Non-Agency Floating Rate
0.27 %
Agency Fixed Rate
0.19 %
SUBTOTAL
1.89 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
1.70 %
SUBTOTAL
1.70 %
U.S. Govt & Agency Securities
1.64 %
Collateralized Loan Obligations
CLO – Floating Rate
1.61 %
SUBTOTAL
1.61 %
EM Government Agencies
0.55 %
Local Governments – US Municipal Bonds
0.39 %
Emerging Markets – Treasuries
0.27 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS
0.25 %
SUBTOTAL
0.25 %
Inflation-Linked Securities
0.25 %
Asset-Backed Securities
Other ABS – Floating Rate
0.15 %
Autos – Fixed Rate
0.05 %
SUBTOTAL
0.20 %
Common Stocks
0.17 %
Governments – Sovereign Agencies
0.05 %
Preferred Stocks
Industrials
0.02 %
SUBTOTAL
0.02 %
Forward Currency Exchange Contracts
Currency Instruments
-0.25 %
SUBTOTAL
-0.25 %
Reverse Repurchase Agreements
-1.00 %
Cash & Cash Equivalents
Funds and Investment Trusts
1.85 %
Cash
-0.39 %
SUBTOTAL
1.46 %
Derivative Offsets
Futures Offsets
-2.29 %
Swap Offsets
-12.41 %
SUBTOTAL
-14.70 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
66.12 %
France
3.32 %
United Kingdom
3.03 %
Canada
2.95 %
Brazil
1.92 %
Mexico
1.70 %
Italy
1.30 %
Spain
1.29 %
Germany
1.16 %
Colombia
1.11 %
India
0.94 %
Luxembourg
0.93 %
Turkey
0.89 %
Australia
0.78 %
Chile
0.64 %
Nigeria
0.61 %
South Africa
0.61 %
Netherlands
0.60 %
Israel
0.58 %
Angola
0.53 %
Macau
0.51 %
Hong Kong
0.50 %
Ireland
0.44 %
Dominican Republic
0.40 %
Finland
0.38 %
Norway
0.34 %
China
0.33 %
Indonesia
0.33 %
Peru
0.31 %
Puerto Rico
0.28 %
Switzerland
0.28 %
Egypt
0.25 %
Kazakhstan
0.25 %
Senegal
0.25 %
Slovenia
0.22 %
Zambia
0.21 %
Ecuador
0.20 %
Jersey (Channel Islands)
0.20 %
Panama
0.19 %
Romania
0.19 %
El Salvador
0.12 %
Azerbaijan
0.11 %
Guatemala
0.11 %
Uzbekistan
0.10 %
Malaysia
0.08 %
Ukraine
0.08 %
Cayman Islands
0.07 %
Trinidad and Tobago
0.06 %
Argentina
0.05 %
Hungary
0.05 %
Jamaica
0.05 %
Austria
0.04 %
Czech Republic
0.04 %
Kuwait
0.04 %
Morocco
0.04 %
Serbia
0.03 %
Japan
0.02 %
Cash & Cash Equivalents
1.84 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
99.97 %
Canadian Dollar
0.18 %
Pound Sterling
0.15 %
Brazilian Real
0.02 %
Norwegian Krone
0.02 %
Indonesian Rupiah
0.01 %
New Zealand Dollar
0.01 %
South African Rand
0.01 %
Swiss Franc
-0.01 %
Czech Koruna
-0.01 %
Hungarian Forint
-0.01 %
Singapore Dollar
-0.01 %
Euro
-0.33 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
2.35 %
AA
-0.88 %
A
1.15 %
BBB
15.50 %
BB
43.99 %
B
25.89 %
CCC
7.81 %
CC
0.08 %
C
0.14 %
Not Rated
2.51 %
Short Term Investments
1.85 %
Reverse Repurchase Agreements
-1.00 %
N/A
0.61 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
8.84 %
1 to 5 Years
69.75 %
5 to 10 Years
17.04 %
10 to 20 Years
2.56 %
20 to 30 Years
0.88 %
More than 30 Years
0.75 %
Other
0.18 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.42 %
Average Bond Price:
96.62
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
14.46 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
VRDP Shares:
0.00 %
Total Fund Leverage:
14.46 %
Average Maturity:
4.32 Years
Effective Duration:
2.88 Years
Total Net Assets:
$981.87 Million
Net Asset Value:
$11.39
Total Number of Holdings:
1,238
Portfolio Turnover:
68.00 %