ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND NEW YORK, May 24, 2019 /PRNewswire/ -- AB Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of April 30,2019.
AB Global High Income Fund, Inc. | ||
Top 10 Fixed-Income Holdings | Portfolio % | |
1) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/21 - 1/01/23 | 3.48% | |
2) U.S. Treasury Notes 2.25%, 2/15/27 | 2.31% | |
3) Indonesia Treasury Bond Series FR77 8.125%, 5/15/24 | 1.70% | |
4) U.S. Treasury Notes 2.875%, 8/15/28 | 1.62% | |
5) Republic of South Africa Government Bond Series R186 10.50%, 12/21/26 | 1.45% | |
6) U.S. Treasury Bonds 6.25%, 5/15/30 | 0.70% | |
7) Dominican Republic International Bond 8.625%, 4/20/27 | 0.59% | |
8) U.S. Treasury Bonds 5.25%, 2/15/29 | 0.59% | |
9) Colombian TES Series B 10.00%, 7/24/24 | 0.59% | |
10) Ukraine Government International Bond 7.75%, 9/01/21 - 9/01/24 | 0.53% | |
Investment Type | Portfolio % | |
Corporates - Non-Investment Grade | ||
Industrial | ||
Energy | 5.09% | |
Communications - Media | 3.38% | |
Communications - Telecommunications | 2.99% | |
Consumer Non-Cyclical | 2.88% | |
Basic | 2.81% | |
Consumer Cyclical - Other | 1.82% | |
Consumer Cyclical - Automotive | 1.78% | |
Capital Goods | 1.61% | |
Services | 1.52% | |
Technology | 1.31% | |
Consumer Cyclical - Retailers | 0.76% | |
Transportation - Services | 0.69% | |
Other Industrial | 0.55% | |
Consumer Cyclical - Entertainment | 0.23% | |
Consumer Cyclical - Restaurants | 0.18% | |
SUBTOTAL | 27.60% | |
Credit Default Swaps | 13.37% | |
SUBTOTAL | 13.37% | |
Financial Institutions | ||
Banking | 3.40% | |
Finance | 1.24% | |
Insurance | 0.61% | |
Other Finance | 0.53% | |
REITS | 0.52% | |
Brokerage | 0.14% | |
SUBTOTAL | 6.44% | |
Utility | ||
Electric | 0.86% | |
Natural Gas | 0.17% | |
SUBTOTAL | 1.03% | |
SUBTOTAL | 48.44% | |
Collateralized Mortgage Obligations | ||
Risk Share Floating Rate | 9.14% | |
Agency Fixed Rate | 0.89% | |
Non-Agency Fixed Rate | 0.87% | |
Non-Agency Floating Rate | 0.84% | |
SUBTOTAL | 11.74% | |
Global Governments | 10.04% | |
Emerging Markets - Sovereigns | ||
Emerging Markets - Sovereigns | 8.42% | |
Credit Default Swaps | 1.27% | |
SUBTOTAL | 9.69% | |
Corporates - Investment Grade | ||
Financial Institutions | ||
Banking | 3.00% | |
Insurance | 1.87% | |
REITS | 0.36% | |
SUBTOTAL | 5.23% | |
Industrial | ||
Consumer Cyclical - Other | 0.69% | |
Energy | 0.66% | |
Technology | 0.64% | |
Basic | 0.46% | |
Consumer Non-Cyclical | 0.41% | |
Communications - Telecommunications | 0.36% | |
Capital Goods | 0.31% | |
Consumer Cyclical - Automotive | 0.18% | |
Other Industrial | 0.15% | |
Communications - Media | 0.14% | |
Consumer Cyclical - Entertainment | 0.13% | |
Services | 0.06% | |
Transportation - Airlines | 0.01% | |
SUBTOTAL | 4.20% | |
SUBTOTAL | 9.43% | |
Interest Rate Futures | 8.11% | |
Commercial Mortgage-Backed Securities | ||
Credit Default Swaps | 6.00% | |
Non-Agency Fixed Rate CMBS | 1.86% | |
Non-Agency Floating Rate CMBS | 0.19% | |
SUBTOTAL | 8.05% | |
Emerging Markets - Treasuries | 6.01% | |
Total Return Swaps | 5.62% | |
Emerging Markets - Corporate Bonds | ||
Industrial | ||
Basic | 0.79% | |
Consumer Non-Cyclical | 0.71% | |
Energy | 0.51% | |
Communications - Telecommunications | 0.43% | |
Consumer Cyclical - Other | 0.20% | |
Transportation - Services | 0.16% | |
Capital Goods | 0.12% | |
Other Industrial | 0.09% | |
Consumer Cyclical - Retailers | 0.05% | |
Transportation - Airlines | 0.02% | |
SUBTOTAL | 3.08% | |
Financial Institutions | ||
Banking | 0.44% | |
REITS | 0.23% | |
Finance | 0.05% | |
Insurance | 0.01% | |
SUBTOTAL | 0.73% | |
Utility | ||
Electric | 0.24% | |
SUBTOTAL | 0.24% | |
SUBTOTAL | 4.05% | |
Bank Loans | ||
Industrial | ||
Consumer Non-Cyclical | 1.22% | |
Capital Goods | 0.47% | |
Services | 0.44% | |
Technology | 0.41% | |
Energy | 0.39% | |
Consumer Cyclical - Other | 0.23% | |
Consumer Cyclical - Retailers | 0.19% | |
Other Industrial | 0.18% | |
Communications - Telecommunications | 0.11% | |
Consumer Cyclical - Entertainment | 0.09% | |
Consumer Cyclical - Automotive | 0.08% | |
Basic | 0.04% | |
Consumer Cyclical - Restaurants | 0.02% | |
SUBTOTAL | 3.87% | |
Financial Institutions | ||
Finance | 0.08% | |
SUBTOTAL | 0.08% | |
SUBTOTAL | 3.95% | |
Common Stocks | 1.84% | |
Asset-Backed Securities | ||
Other ABS - Fixed Rate | 0.75% | |
Home Equity Loans - Fixed Rate | 0.33% | |
Autos - Fixed Rate | 0.19% | |
Home Equity Loans - Floating Rate | 0.01% | |
SUBTOTAL | 1.28% | |
Investment Companies | ||
Funds and Investment Trusts | 0.48% | |
SUBTOTAL | 0.48% | |
Local Governments - US Municipal Bonds | 0.47% | |
Quasi-Sovereigns | ||
Quasi-Sovereign Bonds | 0.32% | |
SUBTOTAL | 0.32% | |
Preferred Stocks | ||
Financial Institutions | 0.29% | |
Utility | 0.02% | |
SUBTOTAL | 0.31% | |
Inflation-Linked Securities | 0.27% | |
Local Governments - Regional Bonds | 0.20% | |
Collateralized Loan Obligations | ||
CLO - Floating Rate | 0.09% | |
SUBTOTAL | 0.09% | |
Warrants | 0.03% | |
Whole Loan Trusts | ||
Performing Asset | 0.03% | |
SUBTOTAL | 0.03% | |
Options Purchased - Puts | ||
Options on Forward Contracts | 0.01% | |
SUBTOTAL | 0.01% | |
Currency Instruments | ||
Forward Currency Exchange Contracts | -0.01% | |
SUBTOTAL | -0.01% | |
Interest Rate Swaps | -0.01% | |
Swaptions | -0.01% | |
Put Options Written | -0.02% | |
Reverse Repurchase Agreements | -0.86% | |
Net Cash Equivalents | ||
Investment Companies | 3.74% | |
Cash | 0.62% | |
Commercial Paper | 0.47% | |
SUBTOTAL | 4.83% | |
Derivative Offsets | ||
Futures Offsets | -8.06% | |
Swaps Offsets | -26.32% | |
SUBTOTAL | -34.38% | |
Total | 100.00% | |
Country Breakdown | Portfolio % | |
United States | 63.04% | |
Brazil | 5.10% | |
Indonesia | 2.55% | |
United Kingdom | 2.03% | |
France | 1.69% | |
Luxembourg | 1.65% | |
South Africa | 1.59% | |
Canada | 1.35% | |
Netherlands | 1.32% | |
Turkey | 1.10% | |
Egypt | 1.03% | |
Colombia | 1.01% | |
Spain | 0.99% | |
Italy | 0.98% | |
Dominican Republic | 0.86% | |
Switzerland | 0.85% | |
Argentina | 0.73% | |
Ireland | 0.72% | |
Russia | 0.71% | |
India | 0.54% | |
Ukraine | 0.53% | |
Mexico | 0.50% | |
Nigeria | 0.44% | |
Kenya | 0.44% | |
Ivory Coast | 0.42% | |
Sri Lanka | 0.41% | |
Oman | 0.41% | |
Zambia | 0.38% | |
Bahrain | 0.35% | |
Finland | 0.33% | |
Jamaica | 0.33% | |
Angola | 0.33% | |
Germany | 0.32% | |
United Arab Emirates | 0.31% | |
Mongolia | 0.29% | |
Ecuador | 0.29% | |
China | 0.28% | |
Sweden | 0.27% | |
Gabon | 0.26% | |
Honduras | 0.26% | |
Bermuda | 0.25% | |
Denmark | 0.24% | |
Senegal | 0.24% | |
Lebanon | 0.22% | |
Venezuela | 0.22% | |
Cayman Islands | 0.22% | |
Norway | 0.20% | |
Malaysia | 0.20% | |
Macau | 0.16% | |
Togo | 0.14% | |
El Salvador | 0.13% | |
Cameroon | 0.12% | |
Uruguay | 0.10% | |
Peru | 0.09% | |
Ghana | 0.09% | |
Virgin Islands (BVI) | 0.08% | |
Costa Rica | 0.08% | |
Kazakhstan | 0.06% | |
Iraq | 0.06% | |
Jordan | 0.05% | |
Jersey (Channel Islands) | 0.02% | |
Chile | 0.02% | |
Australia | 0.02% | |
Total Investments | 100.00% | |
Net Currency Exposure Breakdown | Portfolio % | |
United States Dollar | 102.03% | |
Mexican Peso | 1.25% | |
South African Rand | 0.96% | |
Chinese Yuan Renminbi (Offshore) | 0.79% | |
Indian Rupee | 0.50% | |
Egypt Pound | 0.47% | |
Argentine Peso | 0.31% | |
Malaysian Ringgit | 0.21% | |
Uruguayan Peso | 0.10% | |
Russian Rubles | 0.02% | |
Great British Pound | 0.01% | |
Colombian Peso | -0.03% | |
Brazilian Real | -0.08% | |
Australian Dollar | -0.49% | |
Canadian Dollar | -0.91% | |
Israeli New Shekel | -0.99% | |
Swiss Franc | -1.29% | |
Euro | -1.36% | |
Taiwan New Dollar | -1.50% | |
Total Net Assets | 100.00% | |
Credit Rating | Portfolio % | |
AAA | 7.01% | |
AA | 0.94% | |
A | 2.45% | |
BBB | 18.38% | |
BB | 27.74% | |
B | 25.05% | |
CCC | 5.18% | |
CC | 0.33% | |
C | 0.32% | |
D | 0.16% | |
Not Rated | 5.80% | |
Short Term Investments | 4.21% | |
Reverse Repurchase Agreements | -0.86% | |
N/A | 3.29% | |
Total | 100.00% | |
Bonds By Maturity | Portfolio % | |
Less than 1 year | -16.64% | |
1 to 5 years | 51.24% | |
5 to 10 years | 54.69% | |
10 to 20 years | 6.19% | |
20 to 30 years | 2.23% | |
More Than 30 years | 0.42% | |
Other | 1.87% | |
Total Net Assets | 100.00% | |
Portfolio Statistics: | ||
Average Coupon: | 7.53% | |
Average Bond Price: | 101.53 | |
Percentage of Leverage(based on gross assets): | ||
Bank Borrowing: | 0.00% | |
Investment Operations: | 41.27% | |
Preferred stock: | 0.00% | |
Tender Option Bonds: | 0.00% | |
VMTP Shares: | 0.00% | |
Total Fund Leverage: | 41.27% | |
Average Maturity: | 5.57 Years | |
Effective Duration: | 4.10 Years | |
Total Net Assets: | $1,127.74 Million | |
Net Asset Value: | $13.08 | |
Number of Holdings: | 1229 | |
Portfolio Turnover: | 34% | |
* 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. | ||||||||
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SOURCE AB Global High Income Fund, Inc.
