Alliancebernstein Global High Income Fund Inc. Announces Earnings Results for the Fourth Quarter Ended March 31, 2018
May 25, 2018 at 04:06 pm EDT
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AllianceBernstein Global High Income Fund Inc. announced earnings results for the fourth quarter ended March 31, 2018. For the quarter, the company reported total net investment income was $19,765,438 or $0.23 per share compared to $17,806,745 or $0.21 per share a year ago. Total net realized/unrealized loss was $33,970,979 or $0.39 per share compared to net realized/unrealized gain of $28,193,845 or $0.33 per share a year ago. NAV per share was $13.56 compared to $13.87 a year ago.
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.