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
0.69 %
3) Altice France SA 5.125%, 01/15/29 – 07/15/29
0.55 %
4) AMMC CLO 25 Ltd. 11.068%, 04/15/35
0.50 %
5) DaVita, Inc. 4.625%, 06/01/30
0.46 %
6) Warnermedia Holdings 4.279%, 03/15/32
0.45 %
7) Bausch Health Cos., Inc. 11.00%, 09/30/28
0.44 %
8) Societe Generale SA 5.512%, 05/22/31
0.43 %
9) CCO Holdings 4.75%, 02/01/32
0.42 %
10) Dominican Republic Intl Bond 8.625%, 04/20/27
0.40 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Communications – Media
7.89 %
Consumer Non-Cyclical
6.72 %
Energy
5.83 %
Capital Goods
4.42 %
Consumer Cyclical – Retailers
4.40 %
Consumer Cyclical – Other
4.34 %
Basic
3.93 %
Communications – Telecommunications
3.66 %
Services
3.21 %
Technology
2.32 %
Consumer Cyclical – Automotive
2.28 %
Transportation – Services
1.79 %
Transportation – Airlines
0.77 %
Consumer Cyclical – Entertainment
0.68 %
Consumer Cyclical – Restaurants
0.67 %
Other Industrial
0.41 %
Transportation – Railroads
0.03 %
SUBTOTAL
53.35 %
Credit Default Swaps
13.17 %
Financial Institutions
Finance
2.73 %
REITs
1.18 %
Brokerage
1.14 %
Financial Services
0.97 %
Insurance
0.62 %
Banking
0.38 %
SUBTOTAL
7.02 %
Utility
Electric
1.04 %
Natural Gas
0.09 %
SUBTOTAL
1.13 %
SUBTOTAL
74.67 %
Corporates – Investment Grade
Industrial
Energy
1.70 %
Consumer Cyclical – Other
1.46 %
Basic
0.77 %
Consumer Cyclical – Automotive
0.72 %
Communications – Media
0.64 %
Consumer Non-Cyclical
0.40 %
Services
0.26 %
Consumer Cyclical – Retailers
0.24 %
Transportation – Services
0.22 %
Communications – Telecommunications
0.19 %
Consumer Cyclical – Entertainment
0.16 %
Transportation – Airlines
0.11 %
Other Industrial
0.06 %
Transportation – Railroads
0.03 %
SUBTOTAL
6.96 %
Financial Institutions
Banking
3.68 %
Insurance
0.68 %
REITs
0.56 %
Finance
0.47 %
Brokerage
0.13 %
SUBTOTAL
5.52 %
Utility
Electric
0.94 %
Other Utility
0.05 %
SUBTOTAL
0.99 %
SUBTOTAL
13.47 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.81 %
Energy
1.02 %
Consumer Cyclical – Other
1.01 %
Consumer Non-Cyclical
0.64 %
Capital Goods
0.27 %
Communications – Telecommunications
0.21 %
Transportation – Services
0.10 %
Communications – Media
0.07 %
Consumer Cyclical – Retailers
0.05 %
SUBTOTAL
5.18 %
Utility
Electric
0.49 %
Other Utility
0.07 %
SUBTOTAL
0.56 %
Financial Institutions
Banking
0.22 %
Finance
0.05 %
SUBTOTAL
0.27 %
SUBTOTAL
6.01 %
Bank Loans
Industrial
Technology
1.39 %
Consumer Non-Cyclical
0.82 %
Communications – Media
0.64 %
Communications – Telecommunications
0.39 %
Capital Goods
0.38 %
Consumer Cyclical – Retailers
0.26 %
Transportation – Airlines
0.21 %
Other Industrial
0.17 %
Transportation – Services
0.17 %
Consumer Cyclical – Automotive
0.10 %
Consumer Cyclical – Other
0.09 %
Consumer Cyclical – Restaurants
0.02 %
SUBTOTAL
4.64 %
Financial Institutions
Insurance
0.37 %
Brokerage
0.15 %
Finance
0.15 %
Financial Services
0.07 %
Banking
0.02 %
SUBTOTAL
0.76 %
SUBTOTAL
5.40 %
Emerging Markets – Sovereigns
Emerging Markets – Sovereigns
2.92 %
Credit Default Swaps
-0.25 %
SUBTOTAL
2.67 %
Interest Rate Futures
2.13 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
1.11 %
Non-Agency Fixed Rate
0.28 %
Non-Agency Floating Rate
0.26 %
Agency Fixed Rate
0.18 %
SUBTOTAL
1.83 %
U.S. Govt & Agency Securities
1.63 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
1.60 %
SUBTOTAL
1.60 %
Collateralized Loan Obligations
CLO – Floating Rate
1.11 %
SUBTOTAL
1.11 %
EM Government Agencies
0.64 %
Local Governments – US Municipal Bonds
0.37 %
Emerging Markets – Treasuries
0.27 %
Inflation-Linked Securities
0.26 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS
0.20 %
SUBTOTAL
0.20 %
Common Stocks
0.17 %
Asset-Backed Securities
Other ABS – Floating Rate
0.13 %
Autos – Fixed Rate
0.04 %
SUBTOTAL
0.17 %
Governments – Sovereign Agencies
0.05 %
Preferred Stocks
Industrials
0.03 %
SUBTOTAL
0.03 %
Forward Currency Exchange Contracts
Currency Instruments
0.03 %
SUBTOTAL
0.03 %
Reverse Repurchase Agreements
-0.35 %
Cash & Cash Equivalents
Cash
1.18 %
Funds and Investment Trusts
0.78 %
SUBTOTAL
1.96 %
Derivative Offsets
Futures Offsets
-2.11 %
Swap Offsets
-12.21 %
SUBTOTAL
-14.32 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
66.24 %
France
3.30 %
United Kingdom
3.22 %
Canada
3.04 %
Brazil
1.86 %
Mexico
1.60 %
Italy
1.24 %
Spain
1.24 %
Colombia
1.16 %
India
1.05 %
Germany
1.03 %
Luxembourg
0.96 %
Turkey
0.96 %
Australia
0.81 %
Netherlands
0.67 %
Nigeria
0.63 %
South Africa
0.63 %
Chile
0.55 %
Macau
0.55 %
Israel
0.54 %
Hong Kong
0.52 %
Ireland
0.47 %
Japan
0.45 %
Dominican Republic
0.41 %
Angola
0.40 %
Finland
0.38 %
Senegal
0.38 %
China
0.34 %
Norway
0.34 %
Indonesia
0.33 %
Romania
0.33 %
Peru
0.32 %
Puerto Rico
0.27 %
Egypt
0.26 %
Switzerland
0.24 %
Kazakhstan
0.23 %
Slovenia
0.23 %
Zambia
0.22 %
Ecuador
0.21 %
El Salvador
0.20 %
Jersey (Channel Islands)
0.19 %
Panama
0.19 %
Argentina
0.14 %
Uzbekistan
0.13 %
Guatemala
0.12 %
Azerbaijan
0.11 %
Ukraine
0.09 %
Malaysia
0.08 %
Cayman Islands
0.07 %
Czech Republic
0.06 %
Trinidad and Tobago
0.06 %
Jamaica
0.05 %
Kuwait
0.04 %
Morocco
0.04 %
Serbia
0.03 %
Cash & Cash Equivalents
0.79 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
100.27 %
Canadian Dollar
0.18 %
Pound Sterling
0.15 %
Brazilian Real
0.05 %
Norwegian Krone
0.02 %
Indonesian Rupiah
0.01 %
New Taiwan Dollar
0.01 %
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
-0.65 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
2.84 %
AA
-1.15 %
A
1.14 %
BBB
14.78 %
BB
43.81 %
B
25.19 %
CCC
8.37 %
CC
0.08 %
C
0.13 %
D
0.07 %
Not Rated
2.17 %
Short Term Investments
0.78 %
Reverse Repurchase Agreements
-0.35 %
N/A
2.14 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
10.78 %
1 to 5 Years
69.68 %
5 to 10 Years
15.51 %
10 to 20 Years
2.78 %
20 to 30 Years
0.80 %
More than 30 Years
0.28 %
Other
0.17 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.35 %
Average Bond Price:
97.34
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
12.90 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
VRDP Shares:
0.00 %
Total Fund Leverage:
12.90 %
Average Maturity:
4.17 Years
Effective Duration:
2.86 Years
Total Net Assets:
$991.65 Million
Net Asset Value:
$11.50
Total Number of Holdings:
1,207
Portfolio Turnover:
68.00 %