Alliancebernstein Global High Income Fund Reports Earnings Results for the First Quarter Ended June 30, 2021
August 27, 2021 at 04:06 pm EDT
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AllianceBernstein Global High Income Fund announced earnings results for the First Quarter Ended June 30, 2021. For the period, the company announced Net Realized/Unrealized Gain was USD 30,242,167 or USD 0.35 per share against USD 91,212,323 or USD 1.06 Per Share a year ago.
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AllianceBernstein Global High Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks high current income and secondarily capital appreciation. The Fund invests primarily (and without limit) in corporate debt securities from United States (US) and non-US issuers, as well as government bonds from both developing and developed countries. It also invests in debt securities denominated in United States dollars or non-US currencies. The Fundâs portfolio consists of non-investment grade, collateralized mortgage obligations, governments treasuries, commercial mortgage-backed securities, bank loans, whole loan trusts, common stocks, and governments sovereign agencies. The Fund invests in various sectors, which include energy, services, technology, transportation-airlines, transportation-services, banking, brokerage, insurance, real estate investment trusts, utility, natural gas, and others. AllianceBernstein L.P. is the adviser of the Fund.