NEW YORK, March 26, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of February 29, 2024.

AllianceBernstein Global High Income Fund, Inc.






 

Top 10 Fixed-Income Holdings

 
 

Portfolio %

 

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


1.06 %

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


0.63 %

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


0.62 %

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


0.60 %

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


0.54 %

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


0.53 %

7) AMMC CLO 25 Ltd. 12.904%, 04/15/35


0.52 %

8) Palmer Square CLO Ltd. 11.726%, 01/15/35


0.43 %

9) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28


0.41 %

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


0.41 %




 

Investment Type

 
 

Portfolio %

 

Corporates - Non-Investment Grade



Industrial



Communications - Media


7.04 %

Energy


6.65 %

Consumer Non-Cyclical


6.52 %

Capital Goods


4.38 %

Basic


3.39 %

Services


3.33 %

Consumer Cyclical - Other


3.05 %

Technology


2.84 %

Communications - Telecommunications


2.74 %

Consumer Cyclical - Retailers


2.65 %

Consumer Cyclical - Entertainment


2.52 %

Consumer Cyclical - Automotive


2.41 %

Transportation - Services


1.04 %

Transportation - Airlines


0.86 %

Other Industrial


0.35 %

Consumer Cyclical - Restaurants


0.28 %

SUBTOTAL


50.05 %

Credit Default Swaps


16.23 %

Financial Institutions



Finance


2.33 %

REITs


1.17 %

Insurance


0.96 %

Brokerage


0.84 %

Other Finance


0.36 %

Banking


0.28 %

SUBTOTAL


5.94 %

Utility



Electric


0.46 %

Other Utility


0.14 %

Natural Gas


0.08 %

SUBTOTAL


0.68 %

SUBTOTAL


72.90 %

Corporates - Investment Grade



Industrial



Consumer Cyclical - Automotive


2.22 %

Energy


1.94 %

Consumer Non-Cyclical


1.19 %

Consumer Cyclical - Other


0.90 %

Communications - Media


0.73 %

Basic


0.70 %

Consumer Cyclical - Retailers


0.35 %

Transportation - Airlines


0.30 %

Services


0.19 %

Capital Goods


0.15 %

Technology


0.13 %

Transportation - Services


0.13 %

Consumer Cyclical - Entertainment


0.11 %

Communications - Telecommunications


0.09 %

Transportation - Railroads


0.04 %

SUBTOTAL


9.17 %

Financial Institutions



Banking


6.58 %

Insurance


1.02 %

Finance


0.73 %

REITs


0.19 %

Brokerage


0.15 %

SUBTOTAL


8.67 %

Utility



Electric


0.78 %

Other Utility


0.05 %

SUBTOTAL


0.83 %

SUBTOTAL


18.67 %

Interest Rate Futures


5.71 %

Emerging Markets - Corporate Bonds



Industrial



Basic


1.50 %

Consumer Cyclical - Other


1.10 %

Consumer Non-Cyclical


0.80 %

Energy


0.66 %

Technology


0.20 %

Communications - Media


0.15 %

Capital Goods


0.14 %

Consumer Cyclical - Retailers


0.13 %

Transportation - Services


0.07 %

Services


0.04 %

SUBTOTAL


4.79 %

Utility



Electric


0.33 %

SUBTOTAL


0.33 %

Financial Institutions



Banking


0.09 %

Other Finance


0.02 %

SUBTOTAL


0.11 %

SUBTOTAL


5.23 %

Collateralized Loan Obligations



CLO - Floating Rate


4.24 %

SUBTOTAL


4.24 %

Bank Loans



Industrial



Communications - Telecommunications


0.61 %

Consumer Non-Cyclical


0.55 %

Technology


0.47 %

Energy


0.37 %

Communications - Media


0.30 %

Capital Goods


0.23 %

Other Industrial


0.23 %

Consumer Cyclical - Automotive


0.09 %

Consumer Cyclical - Retailers


0.05 %

Transportation - Airlines


0.05 %

Consumer Cyclical - Restaurants


0.02 %

SUBTOTAL


2.97 %

Financial Institutions



Insurance


0.18 %

Finance


0.02 %

SUBTOTAL


0.20 %

Utility



Electric


0.18 %

SUBTOTAL


0.18 %

SUBTOTAL


3.35 %

Collateralized Mortgage Obligations



Risk Share Floating Rate


2.34 %

Non-Agency Fixed Rate


0.33 %

Non-Agency Floating Rate


0.30 %

Agency Fixed Rate


0.24 %

SUBTOTAL


3.21 %

Emerging Markets - Sovereigns



Emerging Markets - Sovereigns


2.38 %

Credit Default Swaps


0.27 %

SUBTOTAL


2.65 %

Commercial Mortgage-Backed Securities



Credit Default Swaps


1.31 %

Non-Agency Fixed Rate CMBS


0.40 %

Non-Agency Floating Rate CMBS


0.03 %

SUBTOTAL


1.74 %

U.S. Govt & Agency Securities


1.64 %

Quasi-Sovereigns



Quasi-Sovereign Bonds


1.14 %

SUBTOTAL


1.14 %

Total Return Swaps


1.12 %

Common Stocks


0.44 %

Local Governments - US Municipal Bonds


0.41 %

EM Government Agencies


0.25 %

Inflation-Linked Securities


0.21 %

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


0.08 %

SUBTOTAL


0.08 %

Reverse Repurchase Agreements


-0.56 %

Cash & Cash Equivalents



Funds and Investment Trusts


0.54 %

Cash


0.52 %

SUBTOTAL


1.06 %

Derivative Offsets



Futures Offsets


-5.70 %

Swap Offsets


-17.98 %

SUBTOTAL


-23.68 %

TOTAL


100.00 %




 

Country Breakdown

 
 

Portfolio %

 

United States


69.92 %

United Kingdom


4.25 %

France


2.52 %

Canada


1.95 %

Germany


1.64 %

Luxembourg


1.46 %

Spain


1.38 %

Mexico


1.35 %

Brazil


1.33 %

Colombia


0.97 %

Italy


0.86 %

Australia


0.79 %

India


0.74 %

Dominican Republic


0.68 %

China


0.65 %

Nigeria


0.57 %

Macau


0.56 %

Hong Kong


0.55 %

Israel


0.54 %

Switzerland


0.52 %

Finland


0.48 %

Chile


0.47 %

Netherlands


0.47 %

Peru


0.41 %

Kazakhstan


0.34 %

South Africa


0.33 %

Angola


0.32 %

Norway


0.30 %

Turkey


0.29 %

Indonesia


0.25 %

Zambia


0.25 %

Egypt


0.21 %

El Salvador


0.21 %

Slovenia


0.21 %

Ukraine


0.20 %

Argentina


0.18 %

Ireland


0.18 %

Japan


0.18 %

Panama


0.14 %

Czech Republic


0.12 %

Sweden


0.10 %

Venezuela


0.09 %

Guatemala


0.08 %

Jersey (Channel Islands)


0.06 %

Cayman Islands


0.05 %

Ghana


0.05 %

Senegal


0.05 %

Austria


0.04 %

Kuwait


0.04 %

Romania


0.04 %

Trinidad and Tobago


0.04 %

Ecuador


0.02 %

Malaysia


0.02 %

Cash & Cash Equivalents


0.55 %

Total Investments


100.00 %




 

Net Currency Exposure Breakdown

 
 

Portfolio %

 

US Dollar


100.30 %

Canadian Dollar


0.18 %

Pound Sterling


0.08 %

Swiss Franc


0.01 %

Chilean Peso


0.01 %

Indonesian Rupiah


0.01 %

Indian Rupee


0.01 %

Norwegian Krone


0.01 %

Czech Koruna


-0.01 %

Peruvian Sol


-0.01 %

Singapore Dollar


-0.01 %

Colombian Peso


-0.14 %

Euro


-0.44 %

Total Net Assets


100.00 %




 

Credit Rating

 
 

Portfolio %

 

AAA


1.31 %

AA


0.48 %

A


2.89 %

BBB


18.34 %

BB


41.34 %

B


23.27 %

CCC


7.17 %

CC


0.13 %

C


0.09 %

Not Rated


3.08 %

Short Term Investments


0.54 %

Reverse Repurchase Agreements


-0.56 %

N/A


1.92 %

Total


100.00 %




 

Bonds by Maturity

 
 

Portfolio %

 

Less than 1 Year


3.42 %

1 To 5 Years


59.71 %

5 To 10 Years


30.95 %

10 To 20 Years


2.97 %

20 To 30 Years


0.84 %

More than 30 Years


1.66 %

Other


0.45 %

Total Net Assets


100.00 %




 

Portfolio Statistics:

 

Average Coupon:


7.62 %

Average Bond Price:


94.03

Percentage of Leverage(based on gross assets):



Bank Borrowing:


0.00 %

Investment Operations:*


18.05 %

Preferred Stock:


0.00 %

Tender Option Bonds:


0.00 %

VMTP Shares:


0.00 %

Total Fund Leverage:


18.05 %

Average Maturity:


    5.88 Years

Effective Duration:


    3.48 Years

Total Net Assets:


$958.28 Million

Net Asset Value:


$11.11

Total Number of Holdings:


1,333

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.

Cision View original content:https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-releases-monthly-portfolio-update-302100106.html

SOURCE AllianceBernstein Global High Income Fund, Inc.