AB Global High Income Fund Releases Monthly Portfolio Update

Rhea-AI Impact

(No impact)

Rhea-AI Sentiment

(Neutral)

Tags

05/21/2021 - 04:06 PM

NEW YORK, May 21, 2021 /PRNewswire/ -- AB Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of April 30,2021.

AB Global High Income Fund, Inc.


Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes 2.25%, 2/15/27		1.81%
2) U.S. Treasury Notes 2.875%, 8/15/28		1.27%
3) Argentine Republic Government International Bond 0.125%, 7/09/30 - 7/09/41		0.72%
4) Dominican Republic International Bond 8.625%, 4/20/27		0.63%
5) Altice France SA 5.125%, 7/15/29		0.56%
6) Colombian TES Series B 10.00%, 7/24/24		0.50%
7) Nigeria Government International Bond 7.625%, 11/21/25 - 11/28/47		0.48%
8) CCO Holdings LLC/CCO Holdings Capital Corp. 4.50%, 8/15/30 - 6/01/33		0.46%
9) Ukraine Government International Bond 7.75%, 9/01/22 - 9/01/24		0.44%
10) Royal Caribbean Cruises Ltd. 5.50%, 4/01/28		0.42%

Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		6.69%
Consumer Non-Cyclical		4.67%
Communications - Media		4.25%
Basic		3.13%
Communications - Telecommunications		2.76%
Consumer Cyclical - Other		2.68%
Technology		2.63%
Consumer Cyclical - Entertainment		2.58%
Consumer Cyclical - Automotive		2.52%
Capital Goods		2.45%
Services		2.17%
Consumer Cyclical - Retailers		2.14%
Consumer Cyclical - Restaurants		0.53%
Transportation - Services		0.50%
Transportation - Airlines		0.48%
Other Industrial		0.30%
SUBTOTAL		40.48%
Credit Default Swaps		22.95%
SUBTOTAL		22.95%
Financial Institutions
Banking		2.47%
Finance		1.61%
REITS		0.98%
Insurance		0.84%
Other Finance		0.44%
Brokerage		0.33%
SUBTOTAL		6.67%
Utility
Electric		0.49%
Other Utility		0.14%
SUBTOTAL		0.63%
SUBTOTAL		70.73%
Corporates - Investment Grade
Financial Institutions
Banking		4.25%
Insurance		1.44%
Finance		0.48%
REITS		0.14%
Brokerage		0.12%
Other Finance		0.02%
SUBTOTAL		6.45%
Industrial
Basic		0.68%
Consumer Cyclical - Other		0.66%
Transportation - Airlines		0.56%
Energy		0.53%
Consumer Non-Cyclical		0.24%
Technology		0.24%
Capital Goods		0.20%
Other Industrial		0.19%
Consumer Cyclical - Automotive		0.11%
Communications - Media		0.05%
Consumer Cyclical - Retailers		0.05%
Services		0.02%
Transportation - Services		0.01%
SUBTOTAL		3.54%
SUBTOTAL		9.99%
Collateralized Mortgage Obligations
Risk Share Floating Rate		7.36%
Non-Agency Fixed Rate		0.55%
Non-Agency Floating Rate		0.46%
Agency Fixed Rate		0.41%
SUBTOTAL		8.78%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		8.53%
Credit Default Swaps		0.23%
SUBTOTAL		8.76%
Interest Rate Futures		6.46%
Global Governments		5.36%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.00%
Non-Agency Fixed Rate CMBS		1.11%
Non-Agency Floating Rate CMBS		0.09%
SUBTOTAL		5.20%
Bank Loans
Industrial
Consumer Non-Cyclical		1.09%
Technology		0.86%
Communications - Telecommunications		0.46%
Capital Goods		0.37%
Other Industrial		0.31%
Energy		0.27%
Consumer Cyclical - Retailers		0.27%
Services		0.26%
Communications - Media		0.25%
Consumer Cyclical - Other		0.21%
Consumer Cyclical - Restaurants		0.11%
Consumer Cyclical - Entertainment		0.08%
Consumer Cyclical - Automotive		0.07%
SUBTOTAL		4.61%
Financial Institutions
Insurance		0.22%
Other Finance		0.03%
SUBTOTAL		0.25%
Utility
Electric		0.17%
SUBTOTAL		0.17%
SUBTOTAL		5.03%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.68%
Energy		0.92%
Consumer Cyclical - Other		0.62%
Communications - Telecommunications		0.38%
Capital Goods		0.30%
Consumer Non-Cyclical		0.26%
Communications - Media		0.07%
SUBTOTAL		4.23%
Utility
Electric		0.38%
SUBTOTAL		0.38%
Financial Institutions
Banking		0.06%
Insurance		0.04%
Other Finance		0.03%
Finance		0.02%
SUBTOTAL		0.15%
SUBTOTAL		4.76%
Collateralized Loan Obligations
CLO - Floating Rate		1.63%
SUBTOTAL		1.63%
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.55%
SUBTOTAL		1.55%
Common Stocks		1.48%
Total Return Swaps		0.99%
Asset-Backed Securities
Other ABS - Fixed Rate		0.40%
Autos - Fixed Rate		0.27%
Home Equity Loans - Fixed Rate		0.24%
Home Equity Loans - Floating Rate		0.01%
SUBTOTAL		0.92%
Preferred Stocks
Industrial		0.29%
Financial Institutions		0.10%
SUBTOTAL		0.39%
Local Governments - US Municipal Bonds		0.33%
Inflation-Linked Securities		0.23%
Warrants		0.08%
Currency Instruments
Forward Currency Exchange Contracts		0.02%
SUBTOTAL		0.02%
Reverse Repurchase Agreements		-0.06%
Net Cash Equivalents
Investment Companies		2.07%
Cash		0.93%
Foreign Currency		-0.02%
SUBTOTAL		2.98%
Derivative Offsets
Futures Offsets		-6.59%
Swaps Offsets		-29.02%
SUBTOTAL		-35.61%
Total		100.00%

Country Breakdown		Portfolio %
United States		69.15%
United Kingdom		2.45%
Canada		2.09%
Mexico		1.82%
Brazil		1.73%
France		1.46%
Luxembourg		1.19%
Colombia		1.03%
Cayman Islands		1.00%
Egypt		0.97%
Switzerland		0.86%
Nigeria		0.82%
Argentina		0.76%
Italy		0.75%
Ukraine		0.73%
Bahrain		0.68%
Dominican Republic		0.68%
Russia		0.64%
Spain		0.60%
Oman		0.60%
Ivory Coast		0.57%
Zambia		0.53%
Kenya		0.50%
Finland		0.48%
Sweden		0.47%
Netherlands		0.46%
Ghana		0.41%
Angola		0.40%
Senegal		0.38%
Macau		0.37%
Gabon		0.34%
Germany		0.32%
El Salvador		0.32%
Bermuda		0.30%
Jamaica		0.30%
Australia		0.29%
Jersey (Channel Islands)		0.29%
Denmark		0.26%
Peru		0.26%
Indonesia		0.25%
Hong Kong		0.25%
Israel		0.22%
India		0.21%
Turkey		0.18%
Chile		0.17%
Ecuador		0.17%
China		0.17%
Ireland		0.16%
South Africa		0.15%
Costa Rica		0.13%
Honduras		0.11%
Japan		0.11%
Venezuela		0.07%
Kazakhstan		0.07%
Jordan		0.06%
United Arab Emirates		0.06%
Morocco		0.05%
Kuwait		0.04%
Lebanon		0.03%
Sri Lanka		0.03%
Pakistan		0.02%
Belgium		0.02%
Norway		0.01%
Total Investments		100.00%

Net Currency Exposure Breakdown		Portfolio %
United States Dollar		100.07%
Russian Rubles		0.47%
Canadian Dollar		0.14%
Great British Pound		0.06%
Argentine Peso		0.01%
South Korean Won		0.01%
Malaysian Ringgit		0.01%
Norwegian Krone		0.01%
Swiss Franc		-0.01%
Chilean Peso		-0.01%
Japanese Yen		-0.01%
Mexican Peso		-0.01%
Colombian Peso		-0.12%
Euro		-0.62%
Total Net Assets		100.00%

Credit Rating		Portfolio %
AAA		3.80%
AA		0.73%
A		0.81%
BBB		16.32%
BB		30.55%
B		26.53%
CCC		9.30%
CC		0.22%
C		0.13%
D		0.64%
Not Rated		5.60%
Short Term Investments		2.07%
Reverse Repurchase Agreements		-0.06%
N/A		3.36%
Total		100.00%

Bonds By Maturity		Portfolio %
Less than 1 year		8.19%
1 to 5 years		56.62%
5 to 10 years		23.71%
10 to 20 years		5.93%
20 to 30 years		3.37%
More Than 30 years		0.62%
Other		1.56%
Total Net Assets		100.00%

Portfolio Statistics:
Average Coupon:		7.21%
Average Bond Price:		103.89
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		0.00%
Preferred stock:		0.00%
Tender Option Bonds:		30.16%
VMTP Shares:		0.00%
Total Fund Leverage:		30.16%
Average Maturity:		5.46 Years
Effective Duration:		4.32 Years
Total Net Assets:		$1,116.76 Million
Net Asset Value:		$12.95
Number of Holdings:		1676
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.