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 March 31, 2025, revealing detailed insights into its investment allocation and performance metrics. The fund, with total net assets of $966.05 Million, maintains a diverse portfolio of 1,244 holdings.

Key portfolio characteristics include:

• Average coupon of 7.78% and average bond price of 95.41
• Total fund leverage of 17.84% through investment operations
• Portfolio turnover rate of 45%
• Net Asset Value (NAV) of $11.20

The fund's credit rating distribution shows a concentration in BB (44.42%) and B (24.44%) rated securities. Geographically, US exposure dominates at 68.05%, followed by UK (3.50%) and France (2.72%). The majority of bonds (66.97%) have maturities between 1-5 years, with an average maturity of 4.74 years and effective duration of 3.09 years.

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NEW YORK, April 21, 2025 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of March 31, 2025.

AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes 2.25%, 02/15/27		1.08 %
2) CCO Holdings 4.50%, 08/15/30 - 06/01/33		0.80 %
3) CCO Holdings 4.75%, 02/01/32		0.65 %
4) Dominican Republic Intl Bond 8.625%, 04/20/27		0.61 %
5) EchoStar Corp. 10.75%, 11/30/29		0.61 %
6) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28		0.57 %
7) NFE Financing LLC 12.00%, 11/15/29		0.56 %
8) Altice France SA 5.125%, 01/15/29 - 07/15/29		0.52 %
9) AMMC CLO 25 Ltd. 11.052%, 04/15/35		0.51 %
10) DaVita, Inc. 4.625%, 06/01/30		0.49 %
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		7.07 %
Communications - Media		7.01 %
Consumer Non-Cyclical		6.91 %
Capital Goods		4.82 %
Basic		4.33 %
Communications - Telecommunications		4.25 %
Consumer Cyclical - Other		3.72 %
Consumer Cyclical - Retailers		3.29 %
Services		2.89 %
Consumer Cyclical - Automotive		2.43 %
Technology		1.81 %
Transportation - Services		1.69 %
Transportation - Airlines		0.90 %
Consumer Cyclical - Entertainment		0.75 %
Consumer Cyclical - Restaurants		0.63 %
Other Industrial		0.38 %
Transportation - Railroads		0.04 %
SUBTOTAL		52.92 %
Credit Default Swaps		17.02 %
Financial Institutions
Finance		2.29 %
Brokerage		1.13 %
REITs		1.12 %
Financial Services		0.77 %
Insurance		0.58 %
Banking		0.49 %
SUBTOTAL		6.38 %
Utility
Electric		1.12 %
Natural Gas		0.05 %
SUBTOTAL		1.17 %
SUBTOTAL		77.49 %
Corporates - Investment Grade
Industrial
Communications - Media		1.13 %
Energy		1.09 %
Consumer Cyclical - Automotive		0.99 %
Consumer Cyclical - Entertainment		0.95 %
Basic		0.94 %
Consumer Cyclical - Other		0.69 %
Consumer Non-Cyclical		0.51 %
Transportation - Airlines		0.31 %
Consumer Cyclical - Retailers		0.25 %
Transportation - Services		0.16 %
Capital Goods		0.11 %
Other Industrial		0.06 %
Services		0.06 %
Technology		0.03 %
Transportation - Railroads		0.03 %
SUBTOTAL		7.31 %
Financial Institutions
Banking		4.14 %
Insurance		0.80 %
Finance		0.63 %
REITs		0.35 %
Brokerage		0.14 %
SUBTOTAL		6.06 %
Utility
Electric		1.29 %
Other Utility		0.05 %
SUBTOTAL		1.34 %
SUBTOTAL		14.71 %
Emerging Markets - Corporate Bonds
Industrial
Basic		1.89 %
Energy		1.26 %
Consumer Cyclical - Other		0.99 %
Consumer Non-Cyclical		0.91 %
Capital Goods		0.47 %
Communications - Telecommunications		0.20 %
Transportation - Services		0.12 %
Communications - Media		0.07 %
Consumer Cyclical - Retailers		0.05 %
Other Industrial		0.03 %
SUBTOTAL		5.99 %
Utility
Electric		0.37 %
Other Utility		0.10 %
SUBTOTAL		0.47 %
Financial Institutions
Banking		0.23 %
Financial Services		0.02 %
SUBTOTAL		0.25 %
SUBTOTAL		6.71 %
Bank Loans
Industrial
Technology		1.35 %
Consumer Non-Cyclical		0.99 %
Communications - Media		0.80 %
Communications - Telecommunications		0.40 %
Capital Goods		0.35 %
Transportation - Airlines		0.23 %
Other Industrial		0.18 %
Transportation - Services		0.17 %
Consumer Cyclical - Automotive		0.10 %
Energy		0.09 %
Consumer Cyclical - Other		0.05 %
Consumer Cyclical - Retailers		0.05 %
Consumer Cyclical - Restaurants		0.02 %
SUBTOTAL		4.78 %
Financial Institutions
Insurance		0.38 %
Brokerage		0.16 %
Banking		0.02 %
SUBTOTAL		0.56 %
Utility
Electric		0.17 %
SUBTOTAL		0.17 %
SUBTOTAL		5.51 %
Interest Rate Futures		2.72 %
Collateralized Mortgage Obligations
Risk Share Floating Rate		1.52 %
Non-Agency Fixed Rate		0.30 %
Non-Agency Floating Rate		0.29 %
Agency Fixed Rate		0.20 %
SUBTOTAL		2.31 %
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		2.45 %
Credit Default Swaps		-0.25 %
SUBTOTAL		2.20 %
Collateralized Loan Obligations
CLO - Floating Rate		2.00 %
SUBTOTAL		2.00 %
U.S. Govt & Agency Securities		1.66 %
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.64 %
SUBTOTAL		1.64 %
EM Government Agencies		0.62 %
Local Governments - US Municipal Bonds		0.40 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS		0.26 %
SUBTOTAL		0.26 %
Inflation-Linked Securities		0.25 %
Asset-Backed Securities
Other ABS - Floating Rate		0.18 %
Autos - Fixed Rate		0.07 %
SUBTOTAL		0.25 %
Emerging Markets - Treasuries		0.24 %
Common Stocks		0.24 %
Preferred Stocks
Industrials		0.11 %
SUBTOTAL		0.11 %
Forward Currency Exchange Contracts
Currency Instruments		-0.16 %
SUBTOTAL		-0.16 %
Reverse Repurchase Agreements		-0.53 %
Cash & Cash Equivalents
Cash		0.46 %
Funds and Investment Trusts		0.41 %
SUBTOTAL		0.87 %
Derivative Offsets
Futures Offsets		-2.66 %
Swap Offsets		-16.84 %
SUBTOTAL		-19.50 %
TOTAL		100.00 %
Country Breakdown		Portfolio %
United States		68.05 %
United Kingdom		3.50 %
France		2.72 %
Canada		2.43 %
Brazil		1.92 %
Mexico		1.73 %
Italy		1.46 %
Colombia		1.28 %
Germany		1.25 %
India		1.13 %
Spain		1.09 %
Israel		0.81 %
Luxembourg		0.79 %
Turkey		0.77 %
Chile		0.70 %
Australia		0.64 %
Dominican Republic		0.61 %
Nigeria		0.60 %
Netherlands		0.57 %
South Africa		0.55 %
Hong Kong		0.53 %
Macau		0.52 %
China		0.51 %
Peru		0.46 %
Angola		0.36 %
Puerto Rico		0.35 %
Finland		0.32 %
Indonesia		0.30 %
Switzerland		0.29 %
Jersey (Channel Islands)		0.27 %
Kazakhstan		0.25 %
Egypt		0.24 %
Panama		0.23 %
Zambia		0.22 %
Ireland		0.21 %
Norway		0.21 %
Slovenia		0.21 %
Romania		0.19 %
Senegal		0.19 %
Cayman Islands		0.15 %
Uzbekistan		0.13 %
El Salvador		0.12 %
Guatemala		0.12 %
Azerbaijan		0.11 %
Ukraine		0.10 %
Malaysia		0.08 %
Jamaica		0.05 %
Argentina		0.04 %
Austria		0.04 %
Czech Republic		0.04 %
Kuwait		0.04 %
Morocco		0.04 %
Serbia		0.03 %
Japan		0.02 %
Trinidad and Tobago		0.02 %
Cash & Cash Equivalents		0.41 %
Total Investments		100.00 %
Net Currency Exposure Breakdown		Portfolio %
US Dollar		100.04 %
Turkish Lira		0.25 %
Canadian Dollar		0.18 %
Pound Sterling		0.12 %
Norwegian Krone		0.02 %
Indian Rupee		0.01 %
New Zealand Dollar		0.01 %
New Taiwan Dollar		0.01 %
South African Rand		0.01 %
Mexican Peso		-0.01 %
Singapore Dollar		-0.01 %
Colombian Peso		-0.14 %
Euro		-0.49 %
Total Net Assets		100.00 %
Credit Rating		Portfolio %
AAA		1.12 %
AA		0.17 %
A		1.13 %
BBB		16.34 %
BB		44.42 %
B		24.44 %
CCC		8.12 %
CC		0.11 %
C		0.12 %
Not Rated		2.60 %
Short Term Investments		0.41 %
Reverse Repurchase Agreements		-0.53 %
N/A		1.55 %
Total		100.00 %
Bonds by Maturity		Portfolio %
Less than 1 Year		5.51 %
1 To 5 Years		66.97 %
5 To 10 Years		22.81 %
10 To 20 Years		2.63 %
20 To 30 Years		1.03 %
More than 30 Years		0.81 %
Other		0.24 %
Total Net Assets		100.00 %
Portfolio Statistics:
Average Coupon:		7.78 %
Average Bond Price:		95.41
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00 %
Investment Operations:*		17.84 %
Preferred Stock:		0.00 %
Tender Option Bonds:		0.00 %
VMTP Shares:		0.00 %
VRDP Shares:		0.00 %
Total Fund Leverage:		17.84 %
Average Maturity:		4.74 Years
Effective Duration:		3.09 Years
Total Net Assets:		$966.05 Million
Net Asset Value:		$11.20
Total Number of Holdings:		1,244
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-302433572.html

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 March 31, 2025, AWF's Net Asset Value (NAV) is $11.20 per share.

How diversified is AWF's portfolio in terms of holdings and geographical exposure?

AWF holds 1,244 different securities with exposure to multiple countries, though US dominates at 68.05%, followed by UK (3.50%) and France (2.72%).

What is the credit quality distribution of AWF's portfolio?

The portfolio is primarily invested in BB (44.42%) and B (24.44%) rated securities, with BBB at 16.34% and CCC at 8.12%.

What is AWF's current leverage ratio and how is it structured?

The fund has a total leverage of 17.84%, entirely through investment operations, with no bank borrowing or preferred stock leverage.

What are the key maturity characteristics of AWF's bond portfolio?

The majority (66.97%) of bonds have 1-5 year maturities, with an average maturity of 4.74 years and effective duration of 3.09 years.