AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

Rhea-AI Summary

AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] has released its monthly portfolio update as of August 31, 2024. The fund's top fixed-income holding is U.S. Treasury Notes 2.25%, 02/15/27 at 1.06% of the portfolio. The fund's investments are primarily in Corporates - Non-Investment Grade (71.15%) and Corporates - Investment Grade (18.00%).

Key portfolio statistics include:

• Average Coupon: 7.37%
• Average Bond Price: 96.42
• Total Fund Leverage: 14.87%
• Average Maturity: 5.17 Years
• Effective Duration: 3.07 Years
• Total Net Assets: $979.84 Million
• Net Asset Value: $11.36
• Total Number of Holdings: 1,270
• Portfolio Turnover: 45.00%

The fund's investments are diversified across various countries, with the United States representing the largest allocation at 66.37% of the portfolio.

News Market Reaction

+0.45%

1 alert

+0.45% News Effect

On the day this news was published, AWF gained 0.45%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Sept. 23, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of August 31, 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		0.70 %
3) CCO Holdings 4.75%, 02/01/32		0.63 %
4) Dominican Republic Intl Bond 8.625%, 04/20/27		0.61 %
5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28		0.53 %
6) AMMC CLO 25 Ltd. 12.051%, 04/15/35		0.51 %
7) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28		0.42 %
8) Palmer Square CLO Ltd. 11.713%, 01/15/35		0.42 %
9) Altice France SA 5.125%, 01/15/29 - 07/15/29		0.40 %
10) DaVita, Inc. 4.625%, 06/01/30		0.38 %
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		7.14 %
Consumer Non-Cyclical		6.85 %
Communications - Media		6.09 %
Capital Goods		4.49 %
Basic		4.00 %
Consumer Cyclical - Other		3.47 %
Consumer Cyclical - Retailers		2.96 %
Communications - Telecommunications		2.75 %
Services		2.71 %
Consumer Cyclical - Automotive		2.51 %
Consumer Cyclical - Entertainment		1.78 %
Technology		1.72 %
Transportation - Services		1.18 %
Transportation - Airlines		1.10 %
Consumer Cyclical - Restaurants		0.52 %
Other Industrial		0.46 %
SUBTOTAL		49.73 %
Credit Default Swaps		14.56 %
Financial Institutions
Finance		2.02 %
REITs		1.01 %
Brokerage		0.94 %
Insurance		0.91 %
Other Finance		0.70 %
Banking		0.41 %
SUBTOTAL		5.99 %
Utility
Electric		0.81 %
Natural Gas		0.06 %
SUBTOTAL		0.87 %
SUBTOTAL		71.15 %
Corporates - Investment Grade
Industrial
Consumer Cyclical - Automotive		2.14 %
Energy		1.23 %
Communications - Media		1.11 %
Consumer Non-Cyclical		1.09 %
Basic		1.03 %
Consumer Cyclical - Other		0.87 %
Consumer Cyclical - Retailers		0.28 %
Transportation - Services		0.25 %
Consumer Cyclical - Entertainment		0.23 %
Capital Goods		0.19 %
Communications - Telecommunications		0.07 %
Technology		0.06 %
Transportation - Airlines		0.05 %
Other Industrial		0.04 %
Services		0.03 %
Transportation - Railroads		0.03 %
SUBTOTAL		8.70 %
Financial Institutions
Banking		5.60 %
Insurance		1.23 %
Finance		0.62 %
REITs		0.26 %
Brokerage		0.16 %
SUBTOTAL		7.87 %
Utility
Electric		1.38 %
Other Utility		0.05 %
SUBTOTAL		1.43 %
SUBTOTAL		18.00 %
Emerging Markets - Corporate Bonds
Industrial
Basic		1.75 %
Energy		1.07 %
Consumer Cyclical - Other		1.00 %
Consumer Non-Cyclical		0.70 %
Communications - Media		0.20 %
Capital Goods		0.18 %
Consumer Cyclical - Retailers		0.14 %
Communications - Telecommunications		0.13 %
Consumer Cyclical - Automotive		0.05 %
Services		0.04 %
Transportation - Services		0.02 %
SUBTOTAL		5.28 %
Utility
Electric		0.42 %
Other Utility		0.07 %
SUBTOTAL		0.49 %
Financial Institutions
Banking		0.12 %
SUBTOTAL		0.12 %
SUBTOTAL		5.89 %
Interest Rate Futures		3.62 %
Collateralized Loan Obligations
CLO - Floating Rate		3.54 %
SUBTOTAL		3.54 %
Bank Loans
Industrial
Consumer Non-Cyclical		0.73 %
Communications - Media		0.43 %
Technology		0.42 %
Communications - Telecommunications		0.36 %
Energy		0.35 %
Capital Goods		0.19 %
Other Industrial		0.17 %
Consumer Cyclical - Retailers		0.05 %
Consumer Cyclical - Restaurants		0.02 %
Transportation - Airlines		0.02 %
SUBTOTAL		2.74 %
Financial Institutions
Insurance		0.32 %
Finance		0.02 %
SUBTOTAL		0.34 %
SUBTOTAL		3.08 %
Collateralized Mortgage Obligations
Risk Share Floating Rate		2.16 %
Non-Agency Fixed Rate		0.32 %
Non-Agency Floating Rate		0.29 %
Agency Fixed Rate		0.21 %
SUBTOTAL		2.98 %
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		2.18 %
Credit Default Swaps		0.27 %
SUBTOTAL		2.45 %
U.S. Govt & Agency Securities		1.65 %
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.20 %
SUBTOTAL		1.20 %
EM Government Agencies		0.49 %
Local Governments - US Municipal Bonds		0.40 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS		0.35 %
SUBTOTAL		0.35 %
Asset-Backed Securities
Other ABS - Floating Rate		0.26 %
Autos - Fixed Rate		0.08 %
SUBTOTAL		0.34 %
Inflation-Linked Securities		0.24 %
Common Stocks		0.16 %
Preferred Stocks
Industrials		0.09 %
SUBTOTAL		0.09 %
Forward Currency Exchange Contracts
Currency Instruments		-0.03 %
SUBTOTAL		-0.03 %
Reverse Repurchase Agreements		-0.60 %
Cash & Cash Equivalents
Funds and Investment Trusts		2.01 %
Cash		1.35 %
SUBTOTAL		3.36 %
Derivative Offsets
Futures Offsets		-3.62 %
Swap Offsets		-14.74 %
SUBTOTAL		-18.36 %
TOTAL		100.00 %
Country Breakdown		Portfolio %
United States		66.37 %
United Kingdom		3.91 %
France		2.65 %
Canada		2.14 %
Spain		1.68 %
Germany		1.65 %
Brazil		1.45 %
Colombia		1.38 %
Mexico		1.35 %
Luxembourg		1.14 %
Italy		0.99 %
Australia		0.95 %
India		0.92 %
Israel		0.79 %
Chile		0.76 %
Macau		0.63 %
Dominican Republic		0.61 %
China		0.57 %
South Africa		0.54 %
Nigeria		0.53 %
Peru		0.53 %
Hong Kong		0.52 %
Netherlands		0.48 %
Ireland		0.41 %
Puerto Rico		0.39 %
Switzerland		0.38 %
Kazakhstan		0.36 %
Turkey		0.33 %
Angola		0.32 %
Finland		0.32 %
Norway		0.32 %
Indonesia		0.27 %
Zambia		0.26 %
Egypt		0.23 %
El Salvador		0.23 %
Slovenia		0.22 %
Japan		0.18 %
Jersey (Channel Islands)		0.18 %
Ukraine		0.15 %
Panama		0.14 %
Guatemala		0.12 %
Argentina		0.10 %
Sweden		0.10 %
Azerbaijan		0.08 %
Malaysia		0.08 %
Morocco		0.05 %
Trinidad and Tobago		0.05 %
United Republic of Tanzania		0.05 %
Czech Republic		0.04 %
Kuwait		0.04 %
Romania		0.04 %
Cash & Cash Equivalents		2.02 %
Total Investments		100.00 %
Net Currency Exposure Breakdown		Portfolio %
US Dollar		100.15 %
Canadian Dollar		0.19 %
Pound Sterling		0.11 %
Norwegian Krone		0.02 %
Brazilian Real		0.01 %
Chinese Yuan Renminbi (Offshore)		0.01 %
Indonesian Rupiah		0.01 %
Chilean Peso		-0.01 %
Czech Koruna		-0.01 %
Polish Zloty		-0.01 %
Colombian Peso		-0.11 %
Euro		-0.36 %
Total Net Assets		100.00 %
Credit Rating		Portfolio %
AAA		1.11 %
AA		0.31 %
A		2.75 %
BBB		17.71 %
BB		43.55 %
B		20.33 %
CCC		7.47 %
CC		0.33 %
D		0.01 %
Not Rated		2.59 %
Short Term Investments		2.01 %
Reverse Repurchase Agreements		-0.61 %
N/A		2.44 %
Total		100.00 %
Bonds by Maturity		Portfolio %
Less than 1 Year		8.65 %
1 To 5 Years		61.30 %
5 To 10 Years		25.40 %
10 To 20 Years		2.23 %
20 To 30 Years		1.77 %
More than 30 Years		0.49 %
Other		0.16 %
Total Net Assets		100.00 %
Portfolio Statistics:
Average Coupon:		7.37 %
Average Bond Price:		96.42
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00 %
Investment Operations:*		14.87 %
Preferred Stock:		0.00 %
Tender Option Bonds:		0.00 %
VMTP Shares:		0.00 %
VRDP Shares:		0.00 %
Total Fund Leverage:		14.87 %
Average Maturity:		5.17 Years
Effective Duration:		3.07 Years
Total Net Assets:		$979.84 Million
Net Asset Value:		$11.36
Total Number of Holdings:		1,270
Portfolio Turnover:		45.00 %
* 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.

 

View original content:https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-releases-monthly-portfolio-update-302255984.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

FAQ

What is the largest holding in AllianceBernstein Global High Income Fund's (AWF) portfolio as of August 31, 2024?

The largest holding in AllianceBernstein Global High Income Fund's (AWF) portfolio as of August 31, 2024, is U.S. Treasury Notes 2.25%, 02/15/27, representing 1.06% of the portfolio.

What is the total net assets value of AllianceBernstein Global High Income Fund (AWF) as of August 31, 2024?

The total net assets value of AllianceBernstein Global High Income Fund (AWF) as of August 31, 2024, is $979.84 Million.

What is the portfolio turnover rate for AllianceBernstein Global High Income Fund (AWF) in the latest report?

The portfolio turnover rate for AllianceBernstein Global High Income Fund (AWF) in the latest report is 45.00%.

What percentage of AllianceBernstein Global High Income Fund's (AWF) portfolio is invested in the United States as of August 31, 2024?

As of August 31, 2024, 66.37% of AllianceBernstein Global High Income Fund's (AWF) portfolio is invested in the United States.

What is the average coupon rate for AllianceBernstein Global High Income Fund (AWF) as reported on August 31, 2024?

The average coupon rate for AllianceBernstein Global High Income Fund (AWF) as reported on August 31, 2024, is 7.37%.