NEW YORK, Aug. 29, 2023 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of July 31, 2023.

 

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) CCO Holdings 4.50%, 08/15/30 - 06/01/33


0.68 %

3) Dominican Republic Intl Bond 8.625%, 04/20/27


0.65 %

4) CCO Holdings 4.75%, 02/01/32


0.62 %

5) Sirius XM Radio, Inc. 4.00%, 07/15/28


0.57 %

6) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28


0.55 %

7) AMMC CLO 25 Ltd. 12.898%, 04/15/35


0.52 %

8) Ford Motor Credit Co. LLC 7.35%, 11/04/27


0.49 %

9) Ford Motor Co. 6.10%, 08/19/32


0.49 %

10) Carnival Holdings Bermuda 10.375%, 05/01/28


0.44 %




Investment Type


Portfolio %

Corporates - Non-Investment Grade



Industrial



Communications - Media


7.16 %

Consumer Non-Cyclical


6.72 %

Energy


4.30 %

Capital Goods


4.12 %

Consumer Cyclical - Automotive


4.03 %

Consumer Cyclical - Other


3.40 %

Services


3.29 %

Consumer Cyclical - Entertainment


3.15 %

Basic


3.13 %

Technology


2.66 %

Communications - Telecommunications


2.52 %

Consumer Cyclical - Retailers


2.50 %

Transportation - Services


0.88 %

Transportation - Airlines


0.60 %

Consumer Cyclical - Restaurants


0.54 %

Other Industrial


0.23 %

SUBTOTAL


49.23 %

Credit Default Swaps


20.44 %

Financial Institutions



Finance


2.06 %

REITs


1.03 %

Brokerage


0.85 %

Banking


0.52 %

Insurance


0.45 %

Other Finance


0.45 %

SUBTOTAL


5.36 %

Utility



Electric


0.59 %

Natural Gas


0.17 %

Other Utility


0.15 %

SUBTOTAL


0.91 %

SUBTOTAL


75.94 %

Corporates - Investment Grade



Industrial



Energy


1.85 %

Consumer Cyclical - Automotive


1.50 %

Consumer Cyclical - Other


0.97 %

Basic


0.81 %

Communications - Media


0.68 %

Consumer Non-Cyclical


0.42 %

Technology


0.39 %

Capital Goods


0.31 %

Transportation - Airlines


0.31 %

Other Industrial


0.22 %

Consumer Cyclical - Entertainment


0.21 %

Communications - Telecommunications


0.18 %

Consumer Cyclical - Retailers


0.18 %

Services


0.10 %

Transportation - Railroads


0.04 %

Transportation - Services


0.02 %

SUBTOTAL


8.19 %

Financial Institutions



Banking


5.59 %

Finance


1.13 %

Insurance


1.10 %

REITs


0.17 %

Brokerage


0.12 %

SUBTOTAL


8.11 %

Utility



Electric


0.50 %

SUBTOTAL


0.50 %

SUBTOTAL


16.80 %

Interest Rate Futures


10.63 %

Emerging Markets - Corporate Bonds



Industrial



Basic


1.38 %

Consumer Cyclical - Other


1.19 %

Consumer Non-Cyclical


0.91 %

Energy


0.70 %

Capital Goods


0.39 %

Technology


0.20 %

Communications - Telecommunications


0.11 %

Communications - Media


0.10 %

Services


0.04 %

Transportation - Services


0.02 %

SUBTOTAL


5.04 %

Utility



Electric


0.32 %

SUBTOTAL


0.32 %

Financial Institutions



Finance


0.02 %

Other Finance


0.02 %

SUBTOTAL


0.04 %

SUBTOTAL


5.40 %

Collateralized Loan Obligations



CLO - Floating Rate


4.82 %

SUBTOTAL


4.82 %

Bank Loans



Industrial



Technology


0.74 %

Consumer Non-Cyclical


0.73 %

Communications - Telecommunications


0.72 %

Capital Goods


0.40 %

Energy


0.40 %

Other Industrial


0.30 %

Communications - Media


0.24 %

Consumer Cyclical - Automotive


0.13 %

Services


0.08 %

Consumer Cyclical - Retailers


0.05 %

Consumer Cyclical - Other


0.04 %

Consumer Cyclical - Restaurants


0.02 %

SUBTOTAL


3.85 %

Financial Institutions



Insurance


0.17 %

Finance


0.03 %

SUBTOTAL


0.20 %

Utility



Electric


0.19 %

SUBTOTAL


0.19 %

SUBTOTAL


4.24 %

Collateralized Mortgage Obligations



Risk Share Floating Rate


2.99 %

Non-Agency Fixed Rate


0.38 %

Non-Agency Floating Rate


0.31 %

Agency Fixed Rate


0.29 %

SUBTOTAL


3.97 %

Emerging Markets - Sovereigns



Emerging Markets - Sovereigns


2.40 %

Credit Default Swaps


0.28 %

SUBTOTAL


2.68 %

Commercial Mortgage-Backed Securities



Credit Default Swaps


1.49 %

Non-Agency Fixed Rate CMBS


0.55 %

Non-Agency Floating Rate CMBS


0.03 %

SUBTOTAL


2.07 %

U.S. Government & Government Sponsored Agency Obligations


2.03 %

Total Return Swaps


1.15 %

Quasi-Sovereigns



Quasi-Sovereign Bonds


0.77 %

SUBTOTAL


0.77 %

Common Stocks


0.74 %

Local Governments - US Municipal Bonds


0.43 %

Inflation-Linked Securities


0.21 %

Asset-Backed Securities



Other ABS - Fixed Rate


0.09 %

Autos - Fixed Rate


0.08 %

SUBTOTAL


0.17 %

Preferred Stocks



Industrials


0.10 %

SUBTOTAL


0.10 %

EM Government Agencies


0.07 %

Forward Currency Exchange Contracts



Currency Instruments


-0.02 %

SUBTOTAL


-0.02 %

Reverse Repurchase Agreements


-1.27 %

Cash & Cash Equivalents



Cash


1.81 %

Funds and Investment Trusts


0.88 %

SUBTOTAL


2.69 %

Derivative Offsets



Futures Offsets


-10.85 %

Swap Offsets


-22.77 %

SUBTOTAL


-33.62 %

TOTAL


100.00 %




Country Breakdown


Portfolio %

United States


71.27 %

United Kingdom


4.45 %

Germany


1.94 %

Canada


1.93 %

France


1.92 %

Luxembourg


1.70 %

Brazil


1.46 %

Mexico


1.01 %

Italy


0.97 %

Colombia


0.87 %

India


0.79 %

Spain


0.77 %

Dominican Republic


0.65 %

Macau


0.64 %

Hong Kong


0.61 %

Australia


0.60 %

China


0.56 %

Nigeria


0.53 %

Israel


0.49 %

Switzerland


0.45 %

Netherlands


0.43 %

South Africa


0.34 %

Angola


0.33 %

Finland


0.32 %

Ireland


0.32 %

Peru


0.31 %

Norway


0.27 %

Zambia


0.25 %

Gabon


0.24 %

Kazakhstan


0.24 %

Japan


0.22 %

Ukraine


0.22 %

Indonesia


0.20 %

Slovenia


0.17 %

Egypt


0.16 %

Argentina


0.15 %

Guatemala


0.13 %

Jersey (Channel Islands)


0.13 %

Turkey


0.13 %

Czech Republic


0.12 %

El Salvador


0.11 %

South Korea


0.10 %

Sweden


0.10 %

Ghana


0.07 %

Jamaica


0.07 %

Panama


0.07 %

Venezuela


0.07 %

Chile


0.05 %

Senegal


0.05 %

Belgium


0.04 %

Kuwait


0.04 %

Cayman Islands


0.02 %

Trinidad and Tobago


0.02 %

Ecuador


0.01 %

Cash & Cash Equivalents


0.89 %

Total Investments


100.00 %




Net Currency Exposure Breakdown


Portfolio %

US Dollar


100.07 %

Canadian Dollar


0.19 %

Pound Sterling


0.04 %

Japanese Yen


0.01 %

Mexican Peso


0.01 %

Norwegian Krone


0.01 %

Peruvian Sol


-0.01 %

Polish Zloty


-0.01 %

Colombian Peso


-0.15 %

Euro


-0.16 %

Total Net Assets


100.00 %




Credit Rating


Portfolio %

AAA


3.03 %

AA


0.44 %

A


3.05 %

BBB


16.71 %

BB


39.80 %

B


25.06 %

CCC


6.49 %

CC


0.24 %

C


0.10 %

D


0.04 %

Not Rated


3.16 %

Short Term Investments


0.88 %

Reverse Repurchase Agreements


-1.27 %

N/A


2.27 %

Total


100.00 %




Bonds by Maturity


Portfolio %

Less than 1 Year


4.55 %

1 To 5 Years


51.01 %

5 To 10 Years


37.34 %

10 To 20 Years


2.94 %

20 To 30 Years


1.65 %

More than 30 Years


1.76 %

Other


0.75 %

Total Net Assets


100.00 %




Portfolio Statistics:



Average Coupon:


7.62 %

Average Bond Price:


91.03

Percentage of Leverage(based on gross assets):



Bank Borrowing:


0.00 %

Investment Operations:*


23.97 %

Preferred Stock:


0.00 %

Tender Option Bonds:


0.00 %

VMTP Shares:


0.00 %

Total Fund Leverage:


23.97 %

Average Maturity:


6.10 Years

Effective Duration:


 3.92 Years

Total Net Assets:


$928.08 Million

Net Asset Value:


$10.76

Total Number of Holdings:


1,434

Portfolio Turnover:


40.00 %

 

* 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.

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SOURCE AllianceBernstein Global High Income Fund, Inc.