AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Sept. 21, 2020 /PRNewswire/ -- AB Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of August 31, 2020.

AB Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes  2.25%, 2/15/27		2.45%
2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/21		1.77%
3) U.S. Treasury Notes  2.875%, 8/15/28		1.55%
4) Argentine Republic Government International Bond  6.875%, 1/26/27 - 1/11/48		0.73%
5) Indonesia Treasury Bond Series FR78 8.25%, 5/15/29		0.70%
6) Dominican Republic International Bond  8.625%, 4/20/27		0.63%
7) Colombian TES Series B 10.00%, 7/24/24		0.56%
8) Ukraine Government International Bond  7.75%, 9/01/22 - 9/01/24		0.50%
9) U.S. Treasury Bonds  5.25%, 2/15/29		0.44%
10) Wachovia Mortgage Loan Trust Series 2006-ALT1, Class A2 0.355%, 1/25/37		0.39%
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Credit Default Swaps		29.40%
SUBTOTAL		29.40%
Industrial
Energy		3.50%
Communications - Media		3.31%
Consumer Non-Cyclical		3.22%
Basic		2.85%
Consumer Cyclical - Other		2.77%
Capital Goods		2.46%
Services		2.17%
Consumer Cyclical - Automotive		2.13%
Communications - Telecommunications		2.05%
Consumer Cyclical - Retailers		1.38%
Technology		1.34%
Consumer Cyclical - Entertainment		0.95%
Transportation - Services		0.54%
Consumer Cyclical - Restaurants		0.32%
Other Industrial		0.29%
SUBTOTAL		29.28%
Financial Institutions
Banking		2.42%
Finance		0.91%
REITS		0.77%
Insurance		0.71%
Brokerage		0.49%
Other Finance		0.45%
SUBTOTAL		5.75%
Utility
Electric		0.59%
SUBTOTAL		0.59%
SUBTOTAL		65.02%
Corporates - Investment Grade
Financial Institutions
Banking		5.34%
Insurance		1.98%
Finance		0.54%
REITS		0.44%
Brokerage		0.14%
Other Finance		0.02%
SUBTOTAL		8.46%
Industrial
Energy		1.50%
Basic		1.00%
Consumer Cyclical - Other		0.97%
Technology		0.73%
Consumer Cyclical - Automotive		0.62%
Consumer Cyclical - Entertainment		0.53%
Consumer Non-Cyclical		0.43%
Transportation - Airlines		0.36%
Communications - Media		0.35%
Transportation - Services		0.33%
Communications - Telecommunications		0.29%
Services		0.27%
Other Industrial		0.18%
Capital Goods		0.18%
Consumer Cyclical - Retailers		0.06%
SUBTOTAL		7.80%
Utility
Electric		0.06%
SUBTOTAL		0.06%
SUBTOTAL		16.32%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		10.27%
Credit Default Swaps		0.46%
SUBTOTAL		10.73%
Collateralized Mortgage Obligations
Risk Share Floating Rate		8.34%
Non-Agency Fixed Rate		0.66%
Non-Agency Floating Rate		0.56%
Agency Fixed Rate		0.53%
SUBTOTAL		10.09%
Global Governments		7.85%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.65%
Non-Agency Fixed Rate CMBS		1.50%
Non-Agency Floating Rate CMBS		0.09%
SUBTOTAL		6.24%
Interest Rate Futures		6.16%
Bank Loans
Industrial
Consumer Non-Cyclical		1.13%
Technology		0.84%
Capital Goods		0.55%
Consumer Cyclical - Other		0.53%
Services		0.51%
Consumer Cyclical - Retailers		0.25%
Energy		0.20%
Communications - Media		0.16%
Other Industrial		0.13%
Consumer Cyclical - Restaurants		0.11%
Communications - Telecommunications		0.09%
Consumer Cyclical - Entertainment		0.08%
Consumer Cyclical - Automotive		0.08%
Basic		0.05%
Transportation - Airlines		0.02%
SUBTOTAL		4.73%
Financial Institutions
Insurance		0.13%
Finance		0.12%
SUBTOTAL		0.25%
Utility
Electric		0.19%
SUBTOTAL		0.19%
SUBTOTAL		5.17%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.09%
Energy		0.70%
Consumer Cyclical - Other		0.48%
Consumer Non-Cyclical		0.41%
Communications - Telecommunications		0.28%
Capital Goods		0.14%
Communications - Media		0.08%
Transportation - Services		0.05%
SUBTOTAL		3.23%
Utility
Electric		0.39%
SUBTOTAL		0.39%
Financial Institutions
Banking		0.05%
Insurance		0.01%
SUBTOTAL		0.06%
SUBTOTAL		3.68%
Emerging Markets - Treasuries		1.79%
Total Return Swaps		1.38%
Collateralized Loan Obligations
CLO - Floating Rate		1.31%
SUBTOTAL		1.31%
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.14%
SUBTOTAL		1.14%
Asset-Backed Securities
Other ABS - Fixed Rate		0.51%
Home Equity Loans - Fixed Rate		0.28%
Autos - Fixed Rate		0.27%
Home Equity Loans - Floating Rate		0.01%
SUBTOTAL		1.07%
Common Stocks		0.98%
Investment Companies
Funds and Investment Trusts		0.52%
SUBTOTAL		0.52%
Local Governments - US Municipal Bonds		0.37%
Inflation-Linked Securities		0.24%
Preferred Stocks
Financial Institutions		0.13%
Industrial		0.09%
Utility		0.01%
SUBTOTAL		0.23%
Currency Instruments
Forward Currency Exchange Contracts		0.05%
SUBTOTAL		0.05%
Warrants		0.02%
Local Governments - Regional Bonds		0.01%
Options Purchased - Puts
Swaptions		0.01%
SUBTOTAL		0.01%
Whole Loan Trusts
Performing Asset		0.01%
SUBTOTAL		0.01%
Reverse Repurchase Agreements		-0.12%
Net Cash Equivalents
Investment Companies		1.08%
Cash		0.87%
Commercial Paper		0.26%
Foreign Currency		-0.02%
SUBTOTAL		2.19%
Derivative Offsets
Futures Offsets		-6.21%
Swaps Offsets		-36.25%
SUBTOTAL		-42.46%
Total		100.00%
Country Breakdown		Portfolio %
United States		65.23%
Brazil		4.49%
United Kingdom		2.52%
Mexico		1.62%
Canada		1.61%
Egypt		1.32%
France		1.22%
Netherlands		1.20%
Colombia		1.15%
Argentina		1.14%
Dominican Republic		0.99%
Cayman Islands		0.96%
Italy		0.92%
Switzerland		0.88%
Luxembourg		0.85%
Ukraine		0.82%
Indonesia		0.80%
Russia		0.71%
Spain		0.70%
Bahrain		0.66%
Nigeria		0.57%
Ireland		0.55%
Ivory Coast		0.52%
Kenya		0.48%
Oman		0.46%
South Africa		0.43%
Finland		0.39%
Angola		0.38%
United Arab Emirates		0.37%
Sweden		0.35%
Bermuda		0.35%
Gabon		0.34%
El Salvador		0.31%
Germany		0.30%
Costa Rica		0.29%
Macau		0.29%
Honduras		0.29%
Ecuador		0.28%
Ghana		0.28%
Denmark		0.27%
Senegal		0.27%
Zambia		0.26%
Mongolia		0.25%
Israel		0.22%
Hong Kong		0.20%
Chile		0.18%
Norway		0.16%
Turkey		0.16%
Australia		0.15%
Jamaica		0.14%
Peru		0.11%
China		0.08%
Sri Lanka		0.08%
Kazakhstan		0.07%
Guatemala		0.06%
Jordan		0.06%
Iraq		0.06%
Venezuela		0.05%
Morocco		0.05%
Kuwait		0.04%
Lebanon		0.04%
Pakistan		0.02%
Total Investments		100.00%
Net Currency Exposure Breakdown		Portfolio %
United States Dollar		98.82%
Japanese Yen		0.71%
Indian Rupee		0.31%
Egypt Pound		0.26%
Indonesian Rupiah		0.25%
Russian Rubles		0.19%
Brazilian Real		0.16%
Nigerian Naira		0.09%
Argentine Peso		0.05%
Mexican Peso		0.05%
Great British Pound		0.03%
Colombian Peso		0.02%
Malaysian Ringgit		0.01%
Norwegian Krone		0.01%
Polish Zloty		0.01%
Swiss Franc		-0.01%
Chilean Peso		-0.01%
South African Rand		-0.01%
Canadian Dollar		-0.11%
Euro		-0.83%
Total Net Assets		100.00%
Credit Rating		Portfolio %
AAA		6.27%
AA		1.41%
A		1.97%
BBB		22.62%
BB		26.79%
B		21.64%
CCC		7.44%
CC		1.58%
C		0.10%
D		0.27%
Not Rated		5.48%
Short Term Investments		1.34%
Reverse Repurchase Agreements		-0.12%
N/A		3.21%
Total		100.00%
Bonds By Maturity		Portfolio %
Less than 1 year		8.58%
1 to 5 years		55.98%
5 to 10 years		24.44%
10 to 20 years		6.09%
20 to 30 years		3.50%
More Than 30 years		0.40%
Other		1.01%
Total Net Assets		100.00%
Portfolio Statistics:
Average Coupon:		7.68%
Average Bond Price:		102.3
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		44.88%
Preferred stock:		0.00%
Tender Option Bonds:		0.00%
VMTP Shares:		0.00%
Total Fund Leverage:		44.88%
Average Maturity:		5.48  Years
Effective Duration:		4.45  Years
Total Net Assets:		$1,065.02 Million
Net Asset Value:		$12.35
Number of Holdings:		1522
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.

 

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SOURCE AB Global High Income Fund, Inc.