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 September 30, 2024. The fund's total net assets stand at $989.33 Million with a net asset value of $11.47. The portfolio comprises 1,256 holdings with a turnover rate of 45%. Key metrics include an average coupon of 7.54%, average bond price of 97.11, and total fund leverage of 14.91%.

The portfolio is predominantly invested in non-investment grade corporates (53.96%), followed by investment-grade corporates (14.17%). Geographically, the United States leads with 68.84% allocation. Credit ratings show a concentration in BB (47.40%) and B (22.00%) rated securities. The majority of bonds (64.31%) have maturities between 1-5 years.

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NEW YORK, Oct. 28, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of September 30, 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		0.78 %
3) CCO Holdings 4.75%, 02/01/32		0.63 %
4) Dominican Republic Intl Bond 8.625%, 04/20/27		0.60 %
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) DaVita, Inc. 4.625%, 06/01/30		0.46 %
8) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28		0.42 %
9) Palmer Square CLO Ltd. 11.713%, 01/15/35		0.42 %
10) Bausch Health Cos., Inc. 4.875%, 06/01/28		0.40 %
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		7.93 %
Consumer Non-Cyclical		7.51 %
Communications - Media		6.61 %
Capital Goods		4.72 %
Basic		4.30 %
Consumer Cyclical - Other		3.83 %
Consumer Cyclical - Retailers		3.52 %
Communications - Telecommunications		3.35 %
Services		2.70 %
Consumer Cyclical - Automotive		2.57 %
Technology		1.86 %
Consumer Cyclical - Entertainment		1.71 %
Transportation - Services		1.24 %
Transportation - Airlines		1.14 %
Consumer Cyclical - Restaurants		0.52 %
Other Industrial		0.45 %
SUBTOTAL		53.96 %
Credit Default Swaps		14.50 %
Financial Institutions
Finance		2.23 %
Brokerage		1.14 %
REITs		1.09 %
Insurance		1.00 %
Other Finance		0.71 %
Banking		0.67 %
SUBTOTAL		6.84 %
Utility
Electric		1.07 %
Natural Gas		0.06 %
SUBTOTAL		1.13 %
SUBTOTAL		76.43 %
Corporates - Investment Grade
Financial Institutions
Banking		4.15 %
Insurance		1.02 %
Finance		0.64 %
REITs		0.38 %
Brokerage		0.17 %
SUBTOTAL		6.36 %
Industrial
Communications - Media		1.28 %
Energy		1.24 %
Consumer Cyclical - Other		0.82 %
Consumer Cyclical - Automotive		0.79 %
Basic		0.68 %
Consumer Non-Cyclical		0.44 %
Consumer Cyclical - Retailers		0.24 %
Transportation - Services		0.22 %
Consumer Cyclical - Entertainment		0.17 %
Transportation - Airlines		0.13 %
Capital Goods		0.12 %
Other Industrial		0.05 %
Technology		0.04 %
Services		0.03 %
Transportation - Railroads		0.03 %
SUBTOTAL		6.28 %
Utility
Electric		1.48 %
Other Utility		0.05 %
SUBTOTAL		1.53 %
SUBTOTAL		14.17 %
Emerging Markets - Corporate Bonds
Industrial
Basic		1.87 %
Energy		1.13 %
Consumer Cyclical - Other		1.00 %
Consumer Non-Cyclical		0.73 %
Communications - Media		0.21 %
Communications - Telecommunications		0.20 %
Capital Goods		0.18 %
Consumer Cyclical - Retailers		0.14 %
Services		0.04 %
Consumer Cyclical - Automotive		0.02 %
Transportation - Services		0.02 %
SUBTOTAL		5.54 %
Utility
Electric		0.37 %
Other Utility		0.07 %
SUBTOTAL		0.44 %
Financial Institutions
Banking		0.12 %
SUBTOTAL		0.12 %
SUBTOTAL		6.10 %
Interest Rate Futures		3.60 %
Collateralized Loan Obligations
CLO - Floating Rate		3.30 %
SUBTOTAL		3.30 %
Bank Loans
Industrial
Consumer Non-Cyclical		0.71 %
Communications - Media		0.43 %
Technology		0.42 %
Communications - Telecommunications		0.36 %
Energy		0.34 %
Capital Goods		0.21 %
Other Industrial		0.15 %
Consumer Cyclical - Retailers		0.05 %
Consumer Cyclical - Restaurants		0.02 %
Transportation - Airlines		0.02 %
SUBTOTAL		2.71 %
Financial Institutions
Insurance		0.32 %
Finance		0.02 %
SUBTOTAL		0.34 %
SUBTOTAL		3.05 %
Collateralized Mortgage Obligations
Risk Share Floating Rate		2.01 %
Non-Agency Fixed Rate		0.32 %
Non-Agency Floating Rate		0.29 %
Agency Fixed Rate		0.21 %
SUBTOTAL		2.83 %
Emerging Markets - Sovereigns		2.38 %
U.S. Govt & Agency Securities		1.65 %
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.31 %
SUBTOTAL		1.31 %
EM Government Agencies		0.65 %
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		0.25 %
Autos - Fixed Rate		0.08 %
SUBTOTAL		0.33 %
Inflation-Linked Securities		0.24 %
Common Stocks		0.14 %
Preferred Stocks
Industrials		0.09 %
SUBTOTAL		0.09 %
Governments - Sovereign Agencies		0.05 %
Forward Currency Exchange Contracts
Currency Instruments		-0.09 %
SUBTOTAL		-0.09 %
Reverse Repurchase Agreements		-0.78 %
Cash & Cash Equivalents
Cash		1.50 %
Funds and Investment Trusts		0.28 %
SUBTOTAL		1.78 %
Derivative Offsets
Futures Offsets		-3.58 %
Swap Offsets		-14.40 %
SUBTOTAL		-17.98 %
TOTAL		100.00 %
Country Breakdown		Portfolio %
United States		68.84 %
United Kingdom		3.35 %
Canada		2.31 %
France		2.29 %
Germany		1.77 %
Mexico		1.51 %
Brazil		1.48 %
Colombia		1.39 %
Spain		1.28 %
Luxembourg		1.14 %
Italy		1.11 %
India		0.97 %
Chile		0.86 %
Dominican Republic		0.85 %
Israel		0.84 %
South Africa		0.67 %
Australia		0.65 %
Macau		0.63 %
Peru		0.58 %
China		0.57 %
Netherlands		0.56 %
Nigeria		0.53 %
Hong Kong		0.52 %
Kazakhstan		0.37 %
Puerto Rico		0.37 %
Angola		0.32 %
Finland		0.32 %
Switzerland		0.31 %
Turkey		0.31 %
Ireland		0.30 %
Indonesia		0.27 %
El Salvador		0.25 %
Zambia		0.25 %
Egypt		0.24 %
Slovenia		0.21 %
Romania		0.20 %
Norway		0.19 %
Jersey (Channel Islands)		0.17 %
Ukraine		0.15 %
Panama		0.14 %
Guatemala		0.12 %
Azerbaijan		0.11 %
Malaysia		0.08 %
Japan		0.07 %
Argentina		0.05 %
Jamaica		0.05 %
United Republic of Tanzania		0.05 %
Czech Republic		0.04 %
Kuwait		0.04 %
Morocco		0.04 %
Cash & Cash Equivalents		0.28 %
Total Investments		100.00 %
Net Currency Exposure Breakdown		Portfolio %
US Dollar		100.00 %
Canadian Dollar		0.19 %
Pound Sterling		0.11 %
Dominican Peso		0.07 %
Norwegian Krone		0.02 %
Brazilian Real		0.01 %
Indonesian Rupiah		0.01 %
Indian Rupee		0.01 %
Chilean Peso		-0.01 %
South Korean Won		-0.01 %
New Zealand Dollar		-0.01 %
Polish Zloty		-0.01 %
Colombian Peso		-0.10 %
Euro		-0.28 %
Total Net Assets		100.00 %
Credit Rating		Portfolio %
AAA		1.47 %
AA		0.26 %
A		1.26 %
BBB		15.42 %
BB		47.40 %
B		22.00 %
CCC		7.92 %
CC		0.18 %
Not Rated		2.57 %
Short Term Investments		0.28 %
Reverse Repurchase Agreements		-0.78 %
N/A		2.02 %
Total		100.00 %
Bonds by Maturity		Portfolio %
Less than 1 Year		7.59 %
1 To 5 Years		64.31 %
5 To 10 Years		23.68 %
10 To 20 Years		2.33 %
20 To 30 Years		1.54 %
More than 30 Years		0.41 %
Other		0.14 %
Total Net Assets		100.00 %
Portfolio Statistics:
Average Coupon:		7.54 %
Average Bond Price:		97.11
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00 %
Investment Operations:*		14.91 %
Preferred Stock:		0.00 %
Tender Option Bonds:		0.00 %
VMTP Shares:		0.00 %
VRDP Shares:		0.00 %
Total Fund Leverage:		14.91 %
Average Maturity:		4.71 Years
Effective Duration:		3.10 Years
Total Net Assets:		$989.33 Million
Net Asset Value:		$11.47
Total Number of Holdings:		1,256
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 current net asset value (NAV) of AllianceBernstein Global High Income Fund (AWF)?

As of September 30, 2024, the net asset value (NAV) of AWF is $11.47.

What percentage of AWF's portfolio is invested in non-investment grade corporates?

53.96% of AWF's portfolio is invested in non-investment grade corporate bonds.

What is AWF's total fund leverage as of September 2024?

The total fund leverage is 14.91%, primarily from investment operations.

What is the geographical distribution of AWF's largest investment?

The United States represents the largest geographical allocation at 68.84% of the portfolio.

What is the average maturity and duration of AWF's portfolio?

The portfolio has an average maturity of 4.71 years and an effective duration of 3.10 years.