AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
AllianceBernstein Global High Income Fund (NYSE:AWF) has released its monthly portfolio update as of June 30, 2025, revealing a diversified fixed-income portfolio with total net assets of $981.87 million.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
AllianceBernstein Global High Income Fund (NYSE:AWF) has released its monthly portfolio update as of June 30, 2025, revealing a diversified fixed-income portfolio with total net assets of $981.87 million. The fund maintains a net asset value of $11.39 across 1,238 holdings.
Key portfolio metrics include an average coupon of 7.42%, average bond price of 96.62, and effective duration of 2.88 years. The fund's credit allocation is predominantly in BB (43.99%) and B (25.89%) rated securities. Geographic exposure is led by the United States at 66.12%, with significant international diversification. The fund employs 14.46% leverage through investment operations.
The portfolio maintains a strong focus on corporate bonds, with non-investment grade corporates comprising 52.89% of holdings, followed by investment-grade corporates at 14.26%.Positive
- Highly diversified portfolio with 1,238 holdings reducing single-security risk
- Strong yield potential with 7.42% average coupon rate
- Significant exposure (66.12%) to U.S. markets providing stability
- Moderate leverage of 14.46% enhancing potential returns
Negative
- High exposure to below-investment-grade securities (BB and B rated) increasing credit risk
- Relatively high portfolio turnover of 68% may impact trading costs
- Significant concentration in corporate bonds increases sector-specific risks
Details
News Market Reaction – AWF
The recorded move for AWF in the trading session of this news was -0.36%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
AllianceBernstein Global High Income Fund, Inc. | ||
Top 10 Fixed-Income Holdings | Portfolio % | |
1) | 1.07 % | |
2) CCO Holdings | 0.84 % | |
3) CCO Holdings | 0.68 % | |
4) Royal Caribbean Cruises | 0.56 % | |
5) Altice France SA | 0.54 % | |
6) AMMC CLO 25 Ltd. | 0.51 % | |
7) DaVita, Inc. | 0.46 % | |
8) Warnermedia Holdings | 0.45 % | |
9) Societe Generale SA | 0.43 % | |
10) Bausch Health Cos., Inc. | 0.42 % | |
Investment Type | Portfolio % | |
Corporates - Non-Investment Grade | ||
Industrial | ||
Communications - Media | 8.13 % | |
Consumer Non-Cyclical | 7.08 % | |
Energy | 6.35 % | |
Capital Goods | 4.52 % | |
Communications - Telecommunications | 4.19 % | |
Basic | 3.98 % | |
Consumer Cyclical - Retailers | 3.75 % | |
Consumer Cyclical - Other | 3.66 % | |
Services | 3.18 % | |
Consumer Cyclical - Automotive | 2.03 % | |
Technology | 1.99 % | |
Transportation - Services | 1.69 % | |
Transportation - Airlines | 0.84 % | |
Consumer Cyclical - Restaurants | 0.62 % | |
Other Industrial | 0.43 % | |
Consumer Cyclical - Entertainment | 0.41 % | |
Transportation - Railroads | 0.04 % | |
SUBTOTAL | 52.89 % | |
Credit Default Swaps | 13.43 % | |
Financial Institutions | ||
Finance | 2.55 % | |
REITs | 1.30 % | |
Brokerage | 1.27 % | |
Financial Services | 0.97 % | |
Insurance | 0.65 % | |
Banking | 0.38 % | |
SUBTOTAL | 7.12 % | |
Utility | ||
Electric | 1.00 % | |
Natural Gas | 0.19 % | |
SUBTOTAL | 1.19 % | |
SUBTOTAL | 74.63 % | |
Corporates - Investment Grade | ||
Industrial | ||
Energy | 1.62 % | |
Consumer Cyclical - Other | 1.36 % | |
Communications - Media | 1.06 % | |
Consumer Cyclical - Entertainment | 0.88 % | |
Basic | 0.83 % | |
Consumer Cyclical - Automotive | 0.71 % | |
Consumer Non-Cyclical | 0.43 % | |
Consumer Cyclical - Retailers | 0.28 % | |
Transportation - Airlines | 0.25 % | |
Communications - Telecommunications | 0.19 % | |
Transportation - Services | 0.11 % | |
Other Industrial | 0.07 % | |
Transportation - Railroads | 0.03 % | |
Services | 0.02 % | |
SUBTOTAL | 7.84 % | |
Financial Institutions | ||
Banking | 3.76 % | |
REITs | 0.54 % | |
Finance | 0.49 % | |
Insurance | 0.43 % | |
Brokerage | 0.13 % | |
SUBTOTAL | 5.35 % | |
Utility | ||
Electric | 1.02 % | |
Other Utility | 0.05 % | |
SUBTOTAL | 1.07 % | |
SUBTOTAL | 14.26 % | |
Emerging Markets - Corporate Bonds | ||
Industrial | ||
Basic | 1.82 % | |
Energy | 1.01 % | |
Consumer Cyclical - Other | 0.97 % | |
Consumer Non-Cyclical | 0.69 % | |
Capital Goods | 0.28 % | |
Communications - Telecommunications | 0.18 % | |
Transportation - Services | 0.12 % | |
Communications - Media | 0.07 % | |
Consumer Cyclical - Retailers | 0.05 % | |
Other Industrial | 0.03 % | |
SUBTOTAL | 5.22 % | |
Utility | ||
Electric | 0.46 % | |
Other Utility | 0.10 % | |
SUBTOTAL | 0.56 % | |
Financial Institutions | ||
Banking | 0.22 % | |
SUBTOTAL | 0.22 % | |
SUBTOTAL | 6.00 % | |
Bank Loans | ||
Industrial | ||
Technology | 1.38 % | |
Consumer Non-Cyclical | 1.08 % | |
Communications - Media | 0.63 % | |
Communications - Telecommunications | 0.39 % | |
Capital Goods | 0.37 % | |
Consumer Cyclical - Retailers | 0.26 % | |
Transportation - Airlines | 0.22 % | |
Transportation - Services | 0.17 % | |
Other Industrial | 0.11 % | |
Consumer Cyclical - Automotive | 0.09 % | |
Consumer Cyclical - Other | 0.05 % | |
Consumer Cyclical - Restaurants | 0.02 % | |
SUBTOTAL | 4.77 % | |
Financial Institutions | ||
Insurance | 0.55 % | |
Financial Services | 0.17 % | |
Brokerage | 0.15 % | |
Banking | 0.02 % | |
SUBTOTAL | 0.89 % | |
Utility | ||
Electric | 0.17 % | |
SUBTOTAL | 0.17 % | |
SUBTOTAL | 5.83 % | |
Emerging Markets - Sovereigns | ||
Emerging Markets - Sovereigns | 2.72 % | |
Credit Default Swaps | -0.25 % | |
SUBTOTAL | 2.47 % | |
Interest Rate Futures | 2.31 % | |
Collateralized Mortgage Obligations | ||
Risk Share Floating Rate | 1.14 % | |
Non-Agency Fixed Rate | 0.29 % | |
Non-Agency Floating Rate | 0.27 % | |
Agency Fixed Rate | 0.19 % | |
SUBTOTAL | 1.89 % | |
Quasi-Sovereigns | ||
Quasi-Sovereign Bonds | 1.70 % | |
SUBTOTAL | 1.70 % | |
1.64 % | ||
Collateralized Loan Obligations | ||
CLO - Floating Rate | 1.61 % | |
SUBTOTAL | 1.61 % | |
EM Government Agencies | 0.55 % | |
Local Governments - US Municipal Bonds | 0.39 % | |
Emerging Markets - Treasuries | 0.27 % | |
Commercial Mortgage-Backed Securities | ||
Non-Agency Fixed Rate CMBS | 0.25 % | |
SUBTOTAL | 0.25 % | |
Inflation-Linked Securities | 0.25 % | |
Asset-Backed Securities | ||
Other ABS - Floating Rate | 0.15 % | |
Autos - Fixed Rate | 0.05 % | |
SUBTOTAL | 0.20 % | |
Common Stocks | 0.17 % | |
Governments - Sovereign Agencies | 0.05 % | |
Preferred Stocks | ||
Industrials | 0.02 % | |
SUBTOTAL | 0.02 % | |
Forward Currency Exchange Contracts | ||
Currency Instruments | -0.25 % | |
SUBTOTAL | -0.25 % | |
Reverse Repurchase Agreements | -1.00 % | |
Cash & Cash Equivalents | ||
Funds and Investment Trusts | 1.85 % | |
Cash | -0.39 % | |
SUBTOTAL | 1.46 % | |
Derivative Offsets | ||
Futures Offsets | -2.29 % | |
Swap Offsets | -12.41 % | |
SUBTOTAL | -14.70 % | |
TOTAL | 100.00 % | |
Country Breakdown | Portfolio % | |
66.12 % | ||
3.32 % | ||
3.03 % | ||
2.95 % | ||
1.92 % | ||
1.70 % | ||
1.30 % | ||
1.29 % | ||
1.16 % | ||
1.11 % | ||
0.94 % | ||
Luxembourg | 0.93 % | |
0.89 % | ||
0.78 % | ||
0.64 % | ||
0.61 % | ||
0.61 % | ||
0.60 % | ||
0.58 % | ||
0.53 % | ||
0.51 % | ||
0.50 % | ||
0.44 % | ||
0.40 % | ||
0.38 % | ||
0.34 % | ||
0.33 % | ||
0.33 % | ||
0.31 % | ||
0.28 % | ||
0.28 % | ||
0.25 % | ||
0.25 % | ||
0.25 % | ||
0.22 % | ||
0.21 % | ||
0.20 % | ||
Jersey ( | 0.20 % | |
0.19 % | ||
0.19 % | ||
0.12 % | ||
0.11 % | ||
0.11 % | ||
0.10 % | ||
0.08 % | ||
0.08 % | ||
0.07 % | ||
0.06 % | ||
0.05 % | ||
0.05 % | ||
0.05 % | ||
0.04 % | ||
0.04 % | ||
0.04 % | ||
0.04 % | ||
0.03 % | ||
0.02 % | ||
Cash & Cash Equivalents | 1.84 % | |
Total Investments | 100.00 % | |
Net Currency Exposure Breakdown | Portfolio % | |
US Dollar | 99.97 % | |
Canadian Dollar | 0.18 % | |
Pound Sterling | 0.15 % | |
Brazilian Real | 0.02 % | |
Norwegian Krone | 0.02 % | |
Indonesian Rupiah | 0.01 % | |
New Zealand Dollar | 0.01 % | |
South African Rand | 0.01 % | |
Swiss Franc | -0.01 % | |
Czech Koruna | -0.01 % | |
Hungarian Forint | -0.01 % | |
Singapore Dollar | -0.01 % | |
Euro | -0.33 % | |
Total Net Assets | 100.00 % | |
Credit Rating | Portfolio % | |
AAA | 2.35 % | |
AA | -0.88 % | |
A | 1.15 % | |
BBB | 15.50 % | |
BB | 43.99 % | |
B | 25.89 % | |
CCC | 7.81 % | |
CC | 0.08 % | |
C | 0.14 % | |
Not Rated | 2.51 % | |
Short Term Investments | 1.85 % | |
Reverse Repurchase Agreements | -1.00 % | |
N/A | 0.61 % | |
Total | 100.00 % | |
Bonds by Maturity | Portfolio % | |
Less than 1 Year | 8.84 % | |
1 to 5 Years | 69.75 % | |
5 to 10 Years | 17.04 % | |
10 to 20 Years | 2.56 % | |
20 to 30 Years | 0.88 % | |
More than 30 Years | 0.75 % | |
Other | 0.18 % | |
Total Net Assets | 100.00 % | |
Portfolio Statistics: | ||
Average Coupon: | 7.42 % | |
Average Bond Price: | 96.62 | |
Percentage of Leverage(based on gross assets): | ||
Bank Borrowing: | 0.00 % | |
Investment Operations:* | 14.46 % | |
Preferred Stock: | 0.00 % | |
Tender Option Bonds: | 0.00 % | |
VMTP Shares: | 0.00 % | |
VRDP Shares: | 0.00 % | |
Total Fund Leverage: | 14.46 % | |
Average Maturity: | 4.32 Years | |
Effective Duration: | 2.88 Years | |
Total Net Assets: | ||
Net Asset Value: | ||
Total Number of Holdings: | 1,238 | |
Portfolio Turnover: | 68.00 % |
* 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 |
View original content:https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-releases-monthly-portfolio-update-302515196.html
SOURCE AllianceBernstein Global High Income Fund, Inc.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.