NEW YORK, Jan. 23, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of December 31, 2023.

AllianceBernstein Global High Income Fund, Inc.









Top 10 Fixed-Income Holdings


Portfolio %

1) U.S. Treasury Notes 2.25%, 02/15/27


1.07 %

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


0.69 %

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


0.65 %

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


0.62 %

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


0.59 %

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


0.53 %

7) AMMC CLO 25 Ltd. 12.984%, 04/15/35


0.51 %

8) Palmer Square CLO Ltd. 11.805%, 01/15/35


0.42 %

9) Altice France SA/France 5.125%, 07/15/29


0.42 %

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


0.40 %




Investment Type


Portfolio %

Corporates - Non-Investment Grade



Industrial



Communications - Media


7.28 %

Consumer Non-Cyclical


6.68 %

Energy


6.36 %

Capital Goods


4.47 %

Services


3.18 %

Basic


3.17 %

Consumer Cyclical - Other


3.02 %

Consumer Cyclical - Entertainment


2.70 %

Communications - Telecommunications


2.68 %

Technology


2.63 %

Consumer Cyclical - Retailers


2.48 %

Consumer Cyclical - Automotive


2.46 %

Transportation - Services


1.07 %

Transportation - Airlines


0.91 %

Consumer Cyclical - Restaurants


0.38 %

Other Industrial


0.31 %

SUBTOTAL


49.78 %

Credit Default Swaps


16.19 %

Financial Institutions



Finance


2.43 %

REITs


1.13 %

Brokerage


0.95 %

Insurance


0.51 %

Other Finance


0.35 %

Banking


0.28 %

SUBTOTAL


5.65 %

Utility



Electric


0.45 %

Other Utility


0.15 %

Natural Gas


0.03 %

SUBTOTAL


0.63 %

SUBTOTAL


72.25 %

Corporates - Investment Grade



Industrial



Consumer Cyclical - Automotive


2.24 %

Energy


2.08 %

Consumer Non-Cyclical


1.26 %

Basic


1.04 %

Consumer Cyclical - Other


0.86 %

Communications - Media


0.65 %

Transportation - Airlines


0.30 %

Consumer Cyclical - Retailers


0.23 %

Consumer Cyclical - Entertainment


0.21 %

Services


0.19 %

Communications - Telecommunications


0.18 %

Capital Goods


0.14 %

Technology


0.13 %

Other Industrial


0.10 %

Transportation - Services


0.10 %

Transportation - Railroads


0.04 %

SUBTOTAL


9.75 %

Financial Institutions



Banking


6.26 %

Insurance


1.17 %

Finance


1.13 %

REITs


0.19 %

Brokerage


0.11 %

SUBTOTAL


8.86 %

Utility



Electric


0.59 %

SUBTOTAL


0.59 %

SUBTOTAL


19.20 %

Interest Rate Futures


9.63 %

Emerging Markets - Corporate Bonds



Industrial



Basic


1.13 %

Consumer Cyclical - Other


1.08 %

Consumer Non-Cyclical


0.83 %

Energy


0.67 %

Capital Goods


0.26 %

Technology


0.20 %

Communications - Media


0.15 %

Communications - Telecommunications


0.13 %

Consumer Cyclical - Retailers


0.09 %

Services


0.04 %

Transportation - Services


0.02 %

SUBTOTAL


4.60 %

Utility



Electric


0.36 %

SUBTOTAL


0.36 %

Financial Institutions



Banking


0.14 %

Other Finance


0.02 %

SUBTOTAL


0.16 %

SUBTOTAL


5.12 %

Collateralized Loan Obligations



CLO - Floating Rate


4.21 %

SUBTOTAL


4.21 %

Bank Loans



Industrial



Communications - Telecommunications


0.68 %

Technology


0.68 %

Consumer Non-Cyclical


0.54 %

Energy


0.37 %

Capital Goods


0.32 %

Communications - Media


0.24 %

Other Industrial


0.22 %

Consumer Cyclical - Automotive


0.09 %

Consumer Cyclical - Retailers


0.05 %

Consumer Cyclical - Restaurants


0.02 %

SUBTOTAL


3.21 %

Financial Institutions



Insurance


0.17 %

Finance


0.02 %

SUBTOTAL


0.19 %

Utility



Electric


0.18 %

SUBTOTAL


0.18 %

SUBTOTAL


3.58 %

Collateralized Mortgage Obligations



Risk Share Floating Rate


2.42 %

Non-Agency Fixed Rate


0.34 %

Non-Agency Floating Rate


0.30 %

Agency Fixed Rate


0.25 %

SUBTOTAL


3.31 %

Emerging Markets - Sovereigns



Emerging Markets - Sovereigns


2.30 %

Credit Default Swaps


0.27 %

SUBTOTAL


2.57 %

Commercial Mortgage-Backed Securities



Credit Default Swaps


1.30 %

Non-Agency Fixed Rate CMBS


0.46 %

Non-Agency Floating Rate CMBS


0.03 %

SUBTOTAL


1.79 %

U.S. Govt & Agency Securities


1.67 %

Total Return Swaps


1.12 %

Quasi-Sovereigns



Quasi-Sovereign Bonds


0.82 %

SUBTOTAL


0.82 %

Common Stocks


0.50 %

Local Governments - US Municipal Bonds


0.42 %

Inflation-Linked Securities


0.22 %

EM Government Agencies


0.13 %

Preferred Stocks



Industrials


0.10 %

SUBTOTAL


0.10 %

Asset-Backed Securities



Autos - Fixed Rate


0.08 %

Other ABS - Floating Rate


0.01 %

SUBTOTAL


0.09 %

Forward Currency Exchange Contracts



Currency Instruments


-0.20 %

SUBTOTAL


-0.20 %

Reverse Repurchase Agreements


-0.84 %

Cash & Cash Equivalents



Funds and Investment Trusts


1.33 %

Cash


0.22 %

SUBTOTAL


1.55 %

Derivative Offsets



Futures Offsets


-9.34 %

Swap Offsets


-17.90 %

SUBTOTAL


-27.24 %

TOTAL


100.00 %




Country Breakdown


Portfolio %

United States


70.68 %

United Kingdom


3.79 %

France


2.36 %

Germany


2.13 %

Canada


1.86 %

Spain


1.35 %

Luxembourg


1.31 %

Brazil


1.28 %

Mexico


1.09 %

Italy


1.00 %

Colombia


0.98 %

India


0.80 %

Australia


0.78 %

China


0.63 %

Dominican Republic


0.62 %

Nigeria


0.60 %

Macau


0.57 %

Hong Kong


0.53 %

Switzerland


0.52 %

Israel


0.49 %

Netherlands


0.47 %

South Africa


0.33 %

Finland


0.32 %

Angola


0.31 %

Kazakhstan


0.30 %

Norway


0.30 %

Turkey


0.30 %

Peru


0.29 %

Ireland


0.28 %

El Salvador


0.20 %

Chile


0.19 %

Ukraine


0.18 %

Zambia


0.18 %

Egypt


0.17 %

Japan


0.17 %

Argentina


0.16 %

Slovenia


0.16 %

Guatemala


0.15 %

Indonesia


0.14 %

Czech Republic


0.12 %

Venezuela


0.11 %

Sweden


0.10 %

Jamaica


0.06 %

Jersey (Channel Islands)


0.06 %

Ghana


0.05 %

Panama


0.05 %

Senegal


0.05 %

Kuwait


0.04 %

Malaysia


0.02 %

Trinidad and Tobago


0.02 %

Ecuador


0.01 %

Cash & Cash Equivalents


1.34 %

Total Investments


100.00 %




Net Currency Exposure Breakdown


Portfolio %

US Dollar


100.26 %

Canadian Dollar


0.19 %

Pound Sterling


0.07 %

Indonesian Rupiah


0.01 %

Indian Rupee


0.01 %

Japanese Yen


0.01 %

Norwegian Krone


0.01 %

Swiss Franc


-0.01 %

Czech Koruna


-0.01 %

Hungarian Forint


-0.01 %

Peruvian Sol


-0.01 %

Swedish Krona


-0.01 %

Colombian Peso


-0.14 %

Euro


-0.37 %

Total Net Assets


100.00 %




Credit Rating


Portfolio %

AAA


1.77 %

AA


0.59 %

A


2.58 %

BBB


18.79 %

BB


41.01 %

B


23.65 %

CCC


6.50 %

CC


0.17 %

C


0.11 %

D


0.01 %

Not Rated


3.00 %

Short Term Investments


1.33 %

Reverse Repurchase Agreements


-0.84 %

N/A


1.33 %

Total


100.00 %




Bonds by Maturity


Portfolio %

Less than 1 Year


3.10 %

1 To 5 Years


58.59 %

5 To 10 Years


31.69 %

10 To 20 Years


3.06 %

20 To 30 Years


0.87 %

More than 30 Years


2.19 %

Other


0.50 %

Total Net Assets


100.00 %




Portfolio Statistics:



Average Coupon:


7.50 %

Average Bond Price:


94.24

Percentage of Leverage(based on gross assets):



Bank Borrowing:


0.00 %

Investment Operations:*


18.29 %

Preferred Stock:


0.00 %

Tender Option Bonds:


0.00 %

VMTP Shares:


0.00 %

Total Fund Leverage:


18.29 %

Average Maturity:


    6.03 Years

Effective Duration:


    3.69 Years

Total Net Assets:


$962.97 Million

Net Asset Value:


$11.17

Total Number of Holdings:


1,387

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.