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
0.82 %
3) CCO Holdings 4.75%, 02/01/32
0.66 %
4) Altice France SA 5.125%, 01/15/29 – 07/15/29
0.57 %
5) AMMC CLO 25 Ltd. 11.068%, 04/15/35
0.50 %
6) DaVita, Inc. 4.625%, 06/01/30
0.46 %
7) Warnermedia Holdings 4.279%, 03/15/32
0.44 %
8) Bausch Health Cos., Inc. 11.00%, 09/30/28
0.43 %
9) Societe Generale SA 5.512%, 05/22/31
0.43 %
10) Millennium Escrow Corp. 6.625%, 08/01/26
0.42 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Communications – Media
8.49 %
Consumer Non-Cyclical
6.95 %
Energy
5.88 %
Capital Goods
4.32 %
Consumer Cyclical – Other
4.20 %
Communications – Telecommunications
4.14 %
Basic
4.13 %
Consumer Cyclical – Retailers
4.12 %
Services
3.24 %
Technology
2.32 %
Consumer Cyclical – Automotive
2.24 %
Transportation – Services
1.72 %
Transportation – Airlines
0.81 %
Consumer Cyclical – Restaurants
0.67 %
Consumer Cyclical – Entertainment
0.49 %
Other Industrial
0.35 %
Transportation – Railroads
0.03 %
SUBTOTAL
54.10 %
Credit Default Swaps
13.19 %
Financial Institutions
Finance
2.47 %
REITs
1.32 %
Brokerage
1.31 %
Financial Services
1.04 %
Insurance
0.62 %
Banking
0.38 %
SUBTOTAL
7.14 %
Utility
Electric
1.00 %
Natural Gas
0.14 %
SUBTOTAL
1.14 %
SUBTOTAL
75.57 %
Corporates – Investment Grade
Industrial
Energy
1.75 %
Consumer Cyclical – Other
1.48 %
Basic
0.82 %
Communications – Media
0.75 %
Consumer Cyclical – Automotive
0.71 %
Consumer Non-Cyclical
0.43 %
Consumer Cyclical – Retailers
0.24 %
Consumer Cyclical – Entertainment
0.20 %
Communications – Telecommunications
0.19 %
Transportation – Airlines
0.11 %
Transportation – Services
0.11 %
Other Industrial
0.07 %
Transportation – Railroads
0.03 %
Services
0.02 %
SUBTOTAL
6.91 %
Financial Institutions
Banking
3.73 %
Insurance
0.68 %
REITs
0.51 %
Finance
0.48 %
Brokerage
0.13 %
SUBTOTAL
5.53 %
Utility
Electric
0.99 %
Other Utility
0.05 %
SUBTOTAL
1.04 %
SUBTOTAL
13.48 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.81 %
Energy
1.02 %
Consumer Cyclical – Other
0.93 %
Consumer Non-Cyclical
0.63 %
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
5.12 %
Utility
Electric
0.49 %
Other Utility
0.07 %
SUBTOTAL
0.56 %
Financial Institutions
Banking
0.22 %
SUBTOTAL
0.22 %
SUBTOTAL
5.90 %
Bank Loans
Industrial
Technology
1.41 %
Consumer Non-Cyclical
1.07 %
Communications – Media
0.65 %
Communications – Telecommunications
0.39 %
Capital Goods
0.37 %
Consumer Cyclical – Retailers
0.26 %
Transportation – Airlines
0.21 %
Transportation – Services
0.17 %
Consumer Cyclical – Automotive
0.10 %
Other Industrial
0.10 %
Consumer Cyclical – Other
0.09 %
Consumer Cyclical – Restaurants
0.02 %
SUBTOTAL
4.84 %
Financial Institutions
Insurance
0.54 %
Financial Services
0.17 %
Brokerage
0.15 %
Banking
0.02 %
SUBTOTAL
0.88 %
SUBTOTAL
5.72 %
Emerging Markets – Sovereigns
Emerging Markets – Sovereigns
2.97 %
Credit Default Swaps
-0.25 %
SUBTOTAL
2.72 %
Interest Rate Futures
2.23 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
1.12 %
Non-Agency Fixed Rate
0.29 %
Non-Agency Floating Rate
0.26 %
Agency Fixed Rate
0.18 %
SUBTOTAL
1.85 %
U.S. Govt & Agency Securities
1.63 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
1.62 %
SUBTOTAL
1.62 %
Collateralized Loan Obligations
CLO – Floating Rate
1.53 %
SUBTOTAL
1.53 %
EM Government Agencies
0.65 %
Local Governments – US Municipal Bonds
0.37 %
Emerging Markets – Treasuries
0.26 %
Inflation-Linked Securities
0.25 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS
0.24 %
SUBTOTAL
0.24 %
Forward Currency Exchange Contracts
Currency Instruments
0.20 %
SUBTOTAL
0.20 %
Asset-Backed Securities
Other ABS – Floating Rate
0.13 %
Autos – Fixed Rate
0.05 %
SUBTOTAL
0.18 %
Common Stocks
0.16 %
Governments – Sovereign Agencies
0.05 %
Preferred Stocks
Industrials
0.03 %
SUBTOTAL
0.03 %
Reverse Repurchase Agreements
-0.75 %
Cash & Cash Equivalents
Funds and Investment Trusts
1.22 %
Cash
-0.54 %
SUBTOTAL
0.68 %
Derivative Offsets
Futures Offsets
-2.22 %
Swap Offsets
-12.35 %
SUBTOTAL
-14.57 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
65.71 %
France
3.26 %
United Kingdom
3.18 %
Canada
3.04 %
Brazil
1.83 %
Mexico
1.60 %
Spain
1.30 %
Italy
1.21 %
Germany
1.19 %
Colombia
1.12 %
India
0.98 %
Luxembourg
0.96 %
Turkey
0.94 %
Australia
0.79 %
Netherlands
0.70 %
Chile
0.62 %
Nigeria
0.62 %
South Africa
0.62 %
Ireland
0.53 %
Israel
0.53 %
Hong Kong
0.51 %
Japan
0.49 %
Macau
0.45 %
Angola
0.42 %
Dominican Republic
0.40 %
Finland
0.38 %
Senegal
0.35 %
Indonesia
0.34 %
Norway
0.34 %
China
0.33 %
Romania
0.33 %
Puerto Rico
0.32 %
Peru
0.31 %
Switzerland
0.28 %
Kazakhstan
0.26 %
Egypt
0.25 %
Slovenia
0.22 %
Ecuador
0.21 %
Guatemala
0.21 %
Zambia
0.21 %
Jersey (Channel Islands)
0.20 %
Panama
0.19 %
El Salvador
0.17 %
Argentina
0.14 %
Azerbaijan
0.11 %
Uzbekistan
0.10 %
Czech Republic
0.08 %
Malaysia
0.08 %
Ukraine
0.08 %
Cayman Islands
0.07 %
Trinidad and Tobago
0.06 %
Jamaica
0.05 %
Kuwait
0.04 %
Morocco
0.04 %
Serbia
0.03 %
Cash & Cash Equivalents
1.22 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
99.99 %
Canadian Dollar
0.18 %
Pound Sterling
0.14 %
Brazilian Real
0.03 %
Norwegian Krone
0.02 %
South African Rand
0.01 %
Australian Dollar
-0.01 %
Chinese Yuan Renminbi (Offshore)
-0.01 %
Colombian Peso
-0.01 %
Czech Koruna
-0.01 %
Singapore Dollar
-0.01 %
Euro
-0.32 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
2.36 %
AA
-1.06 %
A
1.15 %
BBB
14.79 %
BB
44.71 %
B
25.96 %
CCC
8.30 %
CC
0.10 %
C
0.14 %
Not Rated
2.22 %
Short Term Investments
1.22 %
Reverse Repurchase Agreements
-0.75 %
N/A
0.86 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
8.52 %
1 to 5 Years
69.81 %
5 to 10 Years
17.77 %
10 to 20 Years
2.60 %
20 to 30 Years
0.39 %
More than 30 Years
0.75 %
Other
0.16 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.48 %
Average Bond Price:
96.78
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
14.10 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
VRDP Shares:
0.00 %
Total Fund Leverage:
14.10 %
Average Maturity:
4.33 Years
Effective Duration:
2.96 Years
Total Net Assets:
$986.16 Million
Net Asset Value:
$11.44
Total Number of Holdings:
1,227
Portfolio Turnover:
68.00 %