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) 1261229 BC Ltd. 10.00%, 04/15/32
0.58 %
3) DaVita, Inc. 4.625%, 06/01/30
0.47 %
4) Societe Generale SA 5.512%, 05/22/31
0.44 %
5) Advance Auto Parts, Inc. 7.00%, 08/01/30
0.43 %
6) Dominican Republic Intl Bond 8.625%, 04/20/27
0.40 %
7) Tenet Healthcare Corp. 5.50%, 11/15/32
0.40 %
8) Millennium Escrow Corp. 6.625%, 08/01/26
0.38 %
9) TransDigm, Inc. 6.00%, 01/15/33
0.38 %
10) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28
0.38 %
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Consumer Non-Cyclical
7.67 %
Energy
6.35 %
Communications – Media
5.96 %
Consumer Cyclical – Retailers
4.72 %
Capital Goods
4.53 %
Consumer Cyclical – Other
4.50 %
Basic
3.51 %
Communications – Telecommunications
3.35 %
Services
3.15 %
Consumer Cyclical – Automotive
2.70 %
Technology
2.37 %
Transportation – Services
1.86 %
Consumer Cyclical – Entertainment
0.78 %
Other Industrial
0.76 %
Consumer Cyclical – Restaurants
0.72 %
Transportation – Airlines
0.55 %
Transportation – Railroads
0.01 %
SUBTOTAL
53.49 %
Credit Default Swaps
13.47 %
Financial Institutions
Finance
2.43 %
Financial Services
1.38 %
REITs
1.09 %
Brokerage
1.02 %
Insurance
0.66 %
Banking
0.42 %
SUBTOTAL
7.00 %
Utility
Electric
1.12 %
Natural Gas
0.05 %
SUBTOTAL
1.17 %
SUBTOTAL
75.13 %
Corporates – Investment Grade
Industrial
Energy
2.05 %
Consumer Cyclical – Other
1.56 %
Basic
0.89 %
Consumer Cyclical – Automotive
0.79 %
Consumer Non-Cyclical
0.71 %
Consumer Cyclical – Entertainment
0.60 %
Communications – Media
0.58 %
Technology
0.25 %
Consumer Cyclical – Retailers
0.21 %
Communications – Telecommunications
0.19 %
Transportation – Services
0.18 %
Transportation – Airlines
0.11 %
Other Industrial
0.07 %
Transportation – Railroads
0.03 %
Services
0.02 %
SUBTOTAL
8.24 %
Financial Institutions
Banking
3.67 %
REITs
0.67 %
Insurance
0.64 %
Finance
0.47 %
Brokerage
0.13 %
SUBTOTAL
5.58 %
Utility
Electric
0.96 %
Other Utility
0.05 %
SUBTOTAL
1.01 %
SUBTOTAL
14.83 %
Emerging Markets – Corporate Bonds
Industrial
Basic
1.57 %
Energy
1.14 %
Consumer Cyclical – Other
0.90 %
Consumer Non-Cyclical
0.58 %
Transportation – Services
0.20 %
Capital Goods
0.16 %
Communications – Telecommunications
0.16 %
Communications – Media
0.02 %
Services
0.02 %
SUBTOTAL
4.75 %
Utility
Electric
0.59 %
Other Utility
0.15 %
SUBTOTAL
0.74 %
Financial Institutions
Banking
0.25 %
Finance
0.05 %
REITs
0.05 %
SUBTOTAL
0.35 %
SUBTOTAL
5.84 %
Bank Loans
Industrial
Technology
1.59 %
Communications – Media
0.69 %
Consumer Non-Cyclical
0.67 %
Communications – Telecommunications
0.39 %
Capital Goods
0.20 %
Transportation – Services
0.17 %
Consumer Cyclical – Retailers
0.13 %
Consumer Cyclical – Other
0.12 %
Other Industrial
0.11 %
Transportation – Airlines
0.10 %
Consumer Cyclical – Automotive
0.08 %
Basic
0.05 %
SUBTOTAL
4.30 %
Financial Institutions
Insurance
0.29 %
Financial Services
0.24 %
Brokerage
0.15 %
Finance
0.15 %
Banking
0.02 %
SUBTOTAL
0.85 %
SUBTOTAL
5.15 %
Emerging Markets – Sovereigns
Emerging Markets – Sovereigns
3.14 %
Credit Default Swaps
-0.25 %
SUBTOTAL
2.89 %
Interest Rate Futures
2.41 %
U.S. Govt & Agency Securities
1.65 %
Collateralized Mortgage Obligations
Risk Share Floating Rate
0.88 %
Non-Agency Fixed Rate
0.28 %
Non-Agency Floating Rate
0.25 %
Agency Fixed Rate
0.16 %
SUBTOTAL
1.57 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
1.42 %
SUBTOTAL
1.42 %
EM Governments
0.69 %
Asset-Backed Securities
Other ABS – Fixed Rate
0.26 %
Other ABS – Floating Rate
0.10 %
Autos – Fixed Rate
0.02 %
SUBTOTAL
0.38 %
Local Governments – US Municipal Bonds
0.38 %
Common Stocks
0.33 %
Inflation-Linked Securities
0.28 %
Emerging Markets – Treasuries
0.27 %
Collateralized Loan Obligations
CLO – Floating Rate
0.21 %
SUBTOTAL
0.21 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS
0.17 %
SUBTOTAL
0.17 %
Governments – Sovereign Agencies
0.05 %
Preferred Stocks
Industrials
0.03 %
SUBTOTAL
0.03 %
Rights
Industrial
0.01 %
SUBTOTAL
0.01 %
Forward Currency Exchange Contracts
Currency Instruments
-0.09 %
SUBTOTAL
-0.09 %
Reverse Repurchase Agreements
-0.45 %
Cash & Cash Equivalents
Funds and Investment Trusts
1.24 %
Cash
1.19 %
SUBTOTAL
2.43 %
Derivative Offsets
Futures Offsets
-2.39 %
Swap Offsets
-13.19 %
SUBTOTAL
-15.58 %
TOTAL
100.00 %
Country Breakdown
Portfolio %
United States
66.09 %
United Kingdom
3.31 %
France
2.96 %
Canada
2.89 %
Mexico
1.72 %
Brazil
1.45 %
Italy
1.28 %
Spain
1.25 %
Colombia
1.12 %
India
1.09 %
Germany
1.03 %
Turkey
0.91 %
South Africa
0.84 %
Luxembourg
0.82 %
Australia
0.72 %
Hong Kong
0.67 %
Nigeria
0.64 %
Chile
0.56 %
Israel
0.54 %
Japan
0.53 %
Ireland
0.42 %
Argentina
0.40 %
Dominican Republic
0.40 %
Finland
0.38 %
Netherlands
0.38 %
Peru
0.37 %
Denmark
0.36 %
Macau
0.35 %
Norway
0.35 %
China
0.34 %
Romania
0.34 %
Indonesia
0.31 %
Jersey (Channel Islands)
0.29 %
Puerto Rico
0.29 %
Switzerland
0.28 %
Egypt
0.27 %
Senegal
0.27 %
Guatemala
0.26 %
El Salvador
0.25 %
Slovenia
0.23 %
Panama
0.19 %
Ecuador
0.16 %
Kazakhstan
0.16 %
Uzbekistan
0.16 %
Zambia
0.16 %
Kenya
0.15 %
Angola
0.14 %
Azerbaijan
0.11 %
Poland
0.10 %
Ukraine
0.10 %
Malaysia
0.08 %
Trinidad and Tobago
0.06 %
Greece
0.05 %
Jamaica
0.05 %
Morocco
0.05 %
Kuwait
0.04 %
Serbia
0.03 %
Cash & Cash Equivalents
1.25 %
Total Investments
100.00 %
Net Currency Exposure Breakdown
Portfolio %
US Dollar
100.25 %
Canadian Dollar
0.19 %
Pound Sterling
0.15 %
Brazilian Real
0.02 %
Norwegian Krone
0.02 %
South African Rand
0.01 %
Chilean Peso
-0.01 %
Colombian Peso
-0.01 %
Czech Koruna
-0.01 %
Euro
-0.61 %
Total Net Assets
100.00 %
Credit Rating
Portfolio %
AAA
2.40 %
AA
-1.19 %
A
0.90 %
BBB
15.36 %
BB
45.40 %
B
23.55 %
CCC
7.79 %
CC
0.27 %
C
0.11 %
D
0.07 %
Not Rated
2.08 %
Short Term Investments
1.24 %
Reverse Repurchase Agreements
-0.45 %
N/A
2.47 %
Total
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
14.63 %
1 to 5 Years
65.46 %
5 to 10 Years
15.00 %
10 to 20 Years
2.87 %
20 to 30 Years
0.84 %
More than 30 Years
0.87 %
Other
0.33 %
Total Net Assets
100.00 %
Portfolio Statistics:
Average Coupon:
7.24 %
Average Bond Price:
98.29
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00 %
Investment Operations:*
13.33 %
Preferred Stock:
0.00 %
Tender Option Bonds:
0.00 %
VMTP Shares:
0.00 %
VRDP Shares:
0.00 %
Total Fund Leverage:
13.33 %
Average Maturity:
4.13 Years
Effective Duration:
2.89 Years
Total Net Assets:
$985.24 Million
Net Asset Value:
$11.43
Total Number of Holdings:
1,243
Portfolio Turnover:
68.00 %
* Investment Operations may include the use of certain portfolio management techniques such as credit
default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.
The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The
Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.