AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, April 26, 2021 /PRNewswire/ -- AB Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of March 31,2021.

AB Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings	Portfolio %
1) U.S. Treasury Notes  2.25%, 2/15/27	1.83%
2) U.S. Treasury Notes  2.875%, 8/15/28	1.28%
3) Argentine Republic Government International Bond  0.125%, 7/09/30 - 7/09/41	0.68%
4) Dominican Republic International Bond  8.625%, 4/20/27	0.63%
5) Colombian TES Series B 10.00%, 7/24/24	0.53%
6) Nigeria Government International Bond  7.625%, 11/21/25 - 11/28/47	0.48%
7) Ukraine Government International Bond  7.75%, 9/01/22 - 9/01/24	0.45%
8) Royal Caribbean Cruises Ltd.  5.50%, 4/01/28	0.40%
9) Vine Oil & Gas LP/Vine Oil & Gas Finance Corp.  8.75%, 4/15/23	0.40%
10) Oman Government International Bond  4.125%, 1/17/23	0.40%
Investment Type	Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy	6.80%
Consumer Non-Cyclical	3.98%
Communications - Media	3.44%
Basic	3.05%
Consumer Cyclical - Other	2.65%
Capital Goods	2.54%
Consumer Cyclical - Entertainment	2.54%
Technology	2.52%
Consumer Cyclical - Automotive	2.48%
Communications - Telecommunications	2.21%
Services	2.18%
Consumer Cyclical - Retailers	1.92%
Transportation - Services	0.50%
Transportation - Airlines	0.35%
Consumer Cyclical - Restaurants	0.35%
Other Industrial	0.32%
SUBTOTAL	37.83%
Credit Default Swaps	25.14%
SUBTOTAL	25.14%
Financial Institutions
Banking	2.22%
Finance	1.27%
REITS	0.97%
Insurance	0.83%
Other Finance	0.44%
Brokerage	0.33%
SUBTOTAL	6.06%
Utility
Electric	0.49%
Other Utility	0.14%
SUBTOTAL	0.63%
SUBTOTAL	69.66%
Corporates - Investment Grade
Financial Institutions
Banking	4.33%
Insurance	1.44%
Finance	0.35%
REITS	0.24%
Brokerage	0.12%
Other Finance	0.02%
SUBTOTAL	6.50%
Industrial
Basic	0.79%
Consumer Cyclical - Other	0.66%
Transportation - Airlines	0.59%
Energy	0.53%
Technology	0.25%
Consumer Non-Cyclical	0.24%
Capital Goods	0.20%
Other Industrial	0.20%
Consumer Cyclical - Automotive	0.11%
Consumer Cyclical - Retailers	0.06%
Communications - Media	0.05%
Services	0.02%
Transportation - Services	0.01%
SUBTOTAL	3.71%
SUBTOTAL	10.21%
Collateralized Mortgage Obligations
Risk Share Floating Rate	7.54%
Non-Agency Fixed Rate	0.57%
Non-Agency Floating Rate	0.48%
Agency Fixed Rate	0.43%
SUBTOTAL	9.02%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns	8.52%
Credit Default Swaps	0.23%
SUBTOTAL	8.75%
Interest Rate Futures	7.16%
Global Governments	5.41%
Commercial Mortgage-Backed Securities
Credit Default Swaps	4.15%
Non-Agency Fixed Rate CMBS	1.12%
Non-Agency Floating Rate CMBS	0.09%
SUBTOTAL	5.36%
Bank Loans
Industrial
Consumer Non-Cyclical	1.09%
Technology	0.87%
Services	0.54%
Capital Goods	0.47%
Other Industrial	0.32%
Consumer Cyclical - Retailers	0.30%
Communications - Telecommunications	0.29%
Energy	0.28%
Communications - Media	0.25%
Consumer Cyclical - Other	0.21%
Consumer Cyclical - Restaurants	0.11%
Consumer Cyclical - Entertainment	0.08%
Consumer Cyclical - Automotive	0.08%
SUBTOTAL	4.89%
Financial Institutions
Insurance	0.22%
SUBTOTAL	0.22%
Utility
Electric	0.18%
SUBTOTAL	0.18%
SUBTOTAL	5.29%
Emerging Markets - Corporate Bonds
Industrial
Basic	1.73%
Energy	0.91%
Consumer Cyclical - Other	0.62%
Consumer Non-Cyclical	0.38%
Communications - Telecommunications	0.34%
Capital Goods	0.26%
Communications - Media	0.08%
SUBTOTAL	4.32%
Utility
Electric	0.39%
SUBTOTAL	0.39%
Financial Institutions
Banking	0.06%
Insurance	0.04%
Other Finance	0.03%
Finance	0.02%
SUBTOTAL	0.15%
SUBTOTAL	4.86%
Interest Rate Swaps	2.73%
Collateralized Loan Obligations
CLO - Floating Rate	1.63%
SUBTOTAL	1.63%
Quasi-Sovereigns
Quasi-Sovereign Bonds	1.54%
SUBTOTAL	1.54%
Common Stocks	1.32%
Total Return Swaps	0.97%
Asset-Backed Securities
Other ABS - Fixed Rate	0.44%
Autos - Fixed Rate	0.27%
Home Equity Loans - Fixed Rate	0.24%
Home Equity Loans - Floating Rate	0.01%
SUBTOTAL	0.96%
Preferred Stocks
Industrial	0.29%
Financial Institutions	0.24%
SUBTOTAL	0.53%
Investment Companies
Funds and Investment Trusts	0.48%
SUBTOTAL	0.48%
Local Governments - US Municipal Bonds	0.33%
Inflation-Linked Securities	0.24%
Emerging Markets - Treasuries	0.13%
Warrants	0.07%
Currency Instruments
Forward Currency Exchange Contracts	0.03%
SUBTOTAL	0.03%
Reverse Repurchase Agreements	-0.06%
Net Cash Equivalents
Investment Companies	4.33%
Cash	0.39%
Foreign Currency	-0.02%
SUBTOTAL	4.70%
Derivative Offsets
Futures Offsets	-7.42%
Swaps Offsets	-33.90%
SUBTOTAL	-41.32%
Total	100.00%
Country Breakdown	Portfolio %
United States	69.76%
United Kingdom	2.70%
Mexico	2.01%
Brazil	1.96%
Canada	1.89%
Luxembourg	1.10%
Colombia	1.06%
Cayman Islands	1.00%
Egypt	0.96%
Switzerland	0.85%
Nigeria	0.80%
Italy	0.75%
Ukraine	0.74%
France	0.74%
Argentina	0.72%
Bahrain	0.68%
Dominican Republic	0.68%
Russia	0.64%
Oman	0.60%
Spain	0.59%
Ivory Coast	0.55%
Zambia	0.53%
Kenya	0.49%
Finland	0.48%
Sweden	0.47%
Netherlands	0.46%
Ghana	0.41%
Angola	0.38%
Macau	0.37%
Senegal	0.37%
Germany	0.34%
Gabon	0.33%
Turkey	0.31%
El Salvador	0.31%
Jersey (Channel Islands)	0.29%
Australia	0.28%
Peru	0.27%
Denmark	0.26%
Jamaica	0.25%
Indonesia	0.25%
Hong Kong	0.25%
Ecuador	0.24%
Israel	0.22%
India	0.21%
Chile	0.17%
Ireland	0.15%
South Africa	0.15%
Honduras	0.15%
Costa Rica	0.13%
Japan	0.11%
Bermuda	0.10%
Venezuela	0.07%
Kazakhstan	0.07%
Jordan	0.06%
United Arab Emirates	0.06%
Morocco	0.05%
Kuwait	0.04%
China	0.03%
Sri Lanka	0.03%
Lebanon	0.03%
Pakistan	0.02%
Belgium	0.02%
Norway	0.01%
Total Investments	100.00%
Net Currency Exposure Breakdown	Portfolio %
United States Dollar	101.76%
Russian Rubles	0.47%
Egypt Pound	0.43%
Canadian Dollar	0.14%
Great British Pound	0.05%
Argentine Peso	0.02%
Nigerian Naira	0.02%
Malaysian Ringgit	0.01%
Norwegian Krone	0.01%
Mexican Peso	-0.01%
Polish Zloty	-0.01%
New Turkish Lira	-0.05%
Colombian Peso	-0.12%
Euro	-0.52%
Brazilian Real	-2.20%
Total Net Assets	100.00%
Credit Rating	Portfolio %
AAA	4.32%
AA	0.78%
A	0.82%
BBB	16.46%
BB	29.27%
B	26.10%
CCC	9.34%
CC	0.31%
C	0.10%
D	0.75%
Not Rated	5.51%
Short Term Investments	4.33%
Reverse Repurchase Agreements	-0.06%
N/A	1.97%
Total	100.00%
Bonds By Maturity	Portfolio %
Less than 1 year	11.06%
1 to 5 years	54.15%
5 to 10 years	23.31%
10 to 20 years	6.17%
20 to 30 years	3.30%
More Than 30 years	0.62%
Other	1.39%
Total Net Assets	100.00%
Portfolio Statistics:
Average Coupon:	7.19%
Average Bond Price:	103.02
Percentage of Leverage(based on gross assets):
Bank Borrowing:	0.00%
Investment Operations:	0.00%
Preferred stock:	0.00%
Tender Option Bonds:	38.65%
VMTP Shares:	0.00%
Total Fund Leverage:	38.65%
Average Maturity:	5.40  Years
Effective Duration:	4.32  Years
Total Net Assets:	$1,101.62 Million
Net Asset Value:	$12.78
Number of Holdings:	1776
Portfolio Turnover:	32%

* 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.

  

View original content:http://www.prnewswire.com/news-releases/ab-global-high-income-fund-releases-monthly-portfolio-update-301277062.html

SOURCE AB Global High Income Fund, Inc.