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

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AllianceBernstein Global High Income Fund (NYSE: AWF) has released its monthly portfolio update as of May 31, 2024. The update reveals a diversified portfolio with a significant allocation in U.S. Treasury Notes (1.06%), credit default swaps (14.80%), and corporates in various sectors including industrial, energy, and consumer non-cyclical. The fund's top holdings include U.S. Treasury Notes, bonds from CCO Holdings, and the Dominican Republic. The average coupon rate is 7.63%, with an average bond price of 93.99. The portfolio spans various maturities, with a majority (59.86%) in bonds maturing within 1 to 5 years. As of the report date, the fund's total net assets stand at $956.23 million, with a net asset value (NAV) of $11.09 per share. The fund holds 1,343 securities with a portfolio turnover rate of 45%. The update highlights the fund's strategic allocations across different sectors and geographic regions, aiming to optimize returns while managing risk.

NEW YORK, July 1, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of May 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		0.64 %
3) Dominican Republic Intl Bond 8.625%, 04/20/27		0.62 %
4) CCO Holdings 4.75%, 02/01/32		0.59 %
5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28		0.53 %
6) AMMC CLO 25 Ltd. 12.919%, 04/15/35		0.52 %
7) Palmer Square CLO Ltd. 11.74%, 01/15/35		0.43 %
8) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28		0.42 %
9) Carnival Holdings Bermuda 10.375%, 05/01/28		0.40 %
10) Altice France SA 5.125%, 01/15/29 - 07/15/29		0.39 %
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		7.24 %
Consumer Non-Cyclical		6.84 %
Communications - Media		6.34 %
Capital Goods		4.50 %
Basic		3.78 %
Consumer Cyclical - Retailers		3.27 %
Services		3.27 %
Consumer Cyclical - Other		3.11 %
Consumer Cyclical - Automotive		2.65 %
Communications - Telecommunications		2.41 %
Consumer Cyclical - Entertainment		2.34 %
Technology		2.25 %
Transportation - Services		1.12 %
Transportation - Airlines		0.83 %
Other Industrial		0.41 %
Consumer Cyclical - Restaurants		0.25 %
SUBTOTAL		50.61 %
Credit Default Swaps		14.80 %
Financial Institutions
Finance		2.32 %
REITs		1.31 %
Insurance		0.94 %
Brokerage		0.83 %
Other Finance		0.37 %
Banking		0.36 %
SUBTOTAL		6.13 %
Utility
Electric		0.52 %
Natural Gas		0.07 %
SUBTOTAL		0.59 %
SUBTOTAL		72.13 %
Corporates - Investment Grade
Industrial
Consumer Cyclical - Automotive		2.15 %
Consumer Non-Cyclical		1.41 %
Energy		1.27 %
Communications - Media		1.02 %
Basic		0.89 %
Consumer Cyclical - Other		0.88 %
Capital Goods		0.57 %
Consumer Cyclical - Retailers		0.31 %
Transportation - Services		0.24 %
Communications - Telecommunications		0.09 %
Technology		0.07 %
Consumer Cyclical - Entertainment		0.06 %
Transportation - Airlines		0.05 %
Services		0.04 %
Transportation - Railroads		0.04 %
SUBTOTAL		9.09 %
Financial Institutions
Banking		6.51 %
Insurance		1.20 %
Finance		0.69 %
REITs		0.19 %
Brokerage		0.16 %
SUBTOTAL		8.75 %
Utility
Electric		1.21 %
Other Utility		0.05 %
SUBTOTAL		1.26 %
SUBTOTAL		19.10 %
Emerging Markets - Corporate Bonds
Industrial
Basic		1.52 %
Energy		1.05 %
Consumer Cyclical - Other		1.03 %
Consumer Non-Cyclical		0.78 %
Communications - Media		0.20 %
Capital Goods		0.18 %
Consumer Cyclical - Retailers		0.17 %
Communications - Telecommunications		0.13 %
Technology		0.07 %
Consumer Cyclical - Automotive		0.05 %
Transportation - Services		0.05 %
Services		0.04 %
SUBTOTAL		5.27 %
Utility
Electric		0.30 %
Other Utility		0.07 %
SUBTOTAL		0.37 %
Financial Institutions
Banking		0.09 %
Other Finance		0.02 %
SUBTOTAL		0.11 %
SUBTOTAL		5.75 %
Interest Rate Futures		4.04 %
Collateralized Loan Obligations
CLO - Floating Rate		3.81 %
SUBTOTAL		3.81 %
Bank Loans
Industrial
Consumer Non-Cyclical		0.54 %
Technology		0.48 %
Communications - Media		0.45 %
Communications - Telecommunications		0.37 %
Energy		0.36 %
Capital Goods		0.22 %
Other Industrial		0.20 %
Consumer Cyclical - Automotive		0.07 %
Consumer Cyclical - Retailers		0.05 %
Transportation - Airlines		0.03 %
Consumer Cyclical - Restaurants		0.02 %
SUBTOTAL		2.79 %
Financial Institutions
Insurance		0.33 %
Finance		0.02 %
SUBTOTAL		0.35 %
Utility
Electric		0.18 %
SUBTOTAL		0.18 %
SUBTOTAL		3.32 %
Collateralized Mortgage Obligations
Risk Share Floating Rate		2.25 %
Non-Agency Fixed Rate		0.33 %
Non-Agency Floating Rate		0.29 %
Agency Fixed Rate		0.23 %
SUBTOTAL		3.10 %
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		2.37 %
Credit Default Swaps		0.27 %
SUBTOTAL		2.64 %
Commercial Mortgage-Backed Securities
Credit Default Swaps		1.26 %
Non-Agency Fixed Rate CMBS		0.38 %
SUBTOTAL		1.64 %
U.S. Govt & Agency Securities		1.63 %
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.03 %
SUBTOTAL		1.03 %
EM Government Agencies		0.50 %
Local Governments - US Municipal Bonds		0.41 %
Asset-Backed Securities
Other ABS - Floating Rate		0.30 %
Autos - Fixed Rate		0.08 %
Other ABS - Fixed Rate		0.03 %
SUBTOTAL		0.41 %
Inflation-Linked Securities		0.25 %
Common Stocks		0.13 %
Preferred Stocks
Industrials		0.10 %
SUBTOTAL		0.10 %
Forward Currency Exchange Contracts
Currency Instruments		0.04 %
SUBTOTAL		0.04 %
Reverse Repurchase Agreements		-0.70 %
Cash & Cash Equivalents
Cash		0.86 %
Funds and Investment Trusts		0.27 %
SUBTOTAL		1.13 %
Derivative Offsets
Futures Offsets		-4.06 %
Swap Offsets		-16.40 %
SUBTOTAL		-20.46 %
TOTAL		100.00 %
Country Breakdown		Portfolio %
United States		68.17 %
United Kingdom		4.22 %
France		2.48 %
Canada		1.87 %
Germany		1.84 %
Spain		1.82 %
Brazil		1.43 %
Mexico		1.33 %
Luxembourg		1.29 %
Colombia		1.23 %
Australia		0.98 %
India		0.95 %
Italy		0.94 %
Dominican Republic		0.65 %
Israel		0.65 %
Chile		0.64 %
Switzerland		0.60 %
Macau		0.57 %
China		0.56 %
Nigeria		0.54 %
Hong Kong		0.52 %
Peru		0.52 %
Ireland		0.46 %
South Africa		0.42 %
Puerto Rico		0.39 %
Netherlands		0.37 %
Kazakhstan		0.36 %
Angola		0.33 %
Finland		0.32 %
Turkey		0.29 %
Zambia		0.26 %
El Salvador		0.25 %
Norway		0.25 %
Egypt		0.24 %
Indonesia		0.24 %
Slovenia		0.21 %
Ukraine		0.20 %
Argentina		0.18 %
Japan		0.18 %
Jersey (Channel Islands)		0.17 %
Panama		0.14 %
Czech Republic		0.11 %
Sweden		0.10 %
Guatemala		0.08 %
Malaysia		0.08 %
Venezuela		0.06 %
United Republic of Tanzania		0.05 %
Kuwait		0.04 %
Morocco		0.04 %
Romania		0.04 %
Trinidad and Tobago		0.04 %
Cayman Islands		0.03 %
Cash & Cash Equivalents		0.27 %
Total Investments		100.00 %
Net Currency Exposure Breakdown		Portfolio %
US Dollar		100.29 %
Canadian Dollar		0.19 %
Pound Sterling		0.09 %
Norwegian Krone		0.02 %
Brazilian Real		0.01 %
Indonesian Rupiah		0.01 %
Swiss Franc		-0.01 %
Czech Koruna		-0.01 %
Polish Zloty		-0.01 %
Swedish Krona		-0.01 %
Singapore Dollar		-0.01 %
Colombian Peso		-0.14 %
Euro		-0.42 %
Total Net Assets		100.00 %
Credit Rating		Portfolio %
AAA		1.12 %
AA		0.41 %
A		3.05 %
BBB		18.53 %
BB		42.82 %
B		21.63 %
CCC		7.84 %
CC		0.39 %
C		0.08 %
D		0.09 %
Not Rated		2.60 %
Short Term Investments		0.27 %
Reverse Repurchase Agreements		-0.71 %
N/A		1.88 %
Total		100.00 %
Bonds by Maturity		Portfolio %
Less than 1 Year		4.15 %
1 To 5 Years		59.86 %
5 To 10 Years		30.03 %
10 To 20 Years		3.26 %
20 To 30 Years		1.34 %
More than 30 Years		1.23 %
Other		0.13 %
Total Net Assets		100.00 %
Portfolio Statistics:
Average Coupon:		7.63 %
Average Bond Price:		93.99
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00 %
Investment Operations:*		17.23 %
Preferred Stock:		0.00 %
Tender Option Bonds:		0.00 %
VMTP Shares:		0.00 %
Total Fund Leverage:		17.23 %
Average Maturity:		5.63 Years
Effective Duration:		3.40 Years
Total Net Assets:		$956.23 Million
Net Asset Value:		$11.09
Total Number of Holdings:		1,343
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.

 

 

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SOURCE AllianceBernstein Global High Income Fund, Inc.

FAQ

What is the net asset value (NAV) of AllianceBernstein Global High Income Fund (AWF) as of May 31, 2024?

The net asset value (NAV) of AllianceBernstein Global High Income Fund (AWF) as of May 31, 2024, is $11.09 per share.

What are the top holdings of AllianceBernstein Global High Income Fund (AWF) as of May 31, 2024?

The top holdings include U.S. Treasury Notes (1.06%), CCO Holdings (0.64%), and Dominican Republic Intl Bond (0.62%).

What is the average coupon rate for AllianceBernstein Global High Income Fund (AWF)?

The average coupon rate for the fund is 7.63%.

How many holdings does AllianceBernstein Global High Income Fund (AWF) have as of May 31, 2024?

The fund holds a total of 1,343 securities.

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

The portfolio turnover rate is 45%.

What sectors does AllianceBernstein Global High Income Fund (AWF) invest in?

The fund invests in various sectors including industrial, energy, consumer non-cyclical, communications-media, capital goods, and financial institutions.

What is the percentage of U.S. investments in AllianceBernstein Global High Income Fund (AWF)?

The fund has 68.17% of its portfolio invested in the United States.

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

The total net assets of the fund are $956.23 million.

What is the average bond price for AllianceBernstein Global High Income Fund (AWF)?

The average bond price for the fund is 93.99.

What is the effective duration of AllianceBernstein Global High Income Fund (AWF)?

The effective duration of the fund is 3.40 years.