AllianceBernstein Global High Income Fund, Inc. Reports Fourth Quarter Earnings

Rhea-AI Summary

AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) reported its fourth-quarter earnings for the period ending March 31, 2021. The total net assets were $1,102,272,659, a decrease from $1,120,473,231 on December 31, 2020. The net asset value per share was $12.78, slightly down from $12.99 last quarter. Total net investment income was $13,402,171 or $0.16 per share, while total net realized and unrealized losses were $(14,658,612) or $(0.17) per share.

Positive

• Total net investment income increased to $13,402,171 from $11,900,996 in the previous quarter.
• Net asset value per share remains above $12.

Negative

• Total net assets decreased by $18,200,572 compared to the prior quarter.
• Net realized and unrealized losses of $(14,658,612) represent a significant negative impact on earnings.

NEW YORK, May 28, 2021 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closed‑end investment company, today announced earnings for the fourth quarter ended March 31, 2021.

Total net assets of the Fund on March 31, 2021 were $1,102,272,659 as compared with $1,120,473,231 on December 31, 2020 and $926,184,406 on March 31, 2020. On March 31, 2021, the net asset value per share was $12.78 based on 86,229,677 shares of common stock outstanding.

	March 31, 2021	December 31, 2020	March 31, 2020
Total Net Assets	$1,102,272,659	$1,120,473,231	$926,184,406
NAV Per Share	$12.78	$12.99	$10.74
Shares Outstanding	86,229,677	86,229,677	86,229,677

For the period January 1, 2021 through March 31, 2021, total net investment income was $13,402,171 or $0.16 per share. The total net realized and unrealized loss was $(14,658,612) or $(0.17) per share for the same period.     

	Fourth Quarter       Ended March 31, 2021	Third Quarter       Ended December 31, 2020	Fourth Quarter       Ended March 31, 2020
Total Net Investment   Income	$13,402,171	$11,900,996	$12,878,676
Per Share	$0.15	$0.14	$0.15
Total Net Realized/   Unrealized Gain/(Loss)	$(14,658,896)	$77,583,147	$(223,349,437)
Per Share	$(0.17)	$0.90	$(2.59)

AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P.

View original content:http://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-reports-fourth-quarter-earnings-301301840.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

FAQ

What were the earnings for AllianceBernstein Global High Income Fund (AWF) for Q4 2021?

The earnings for Q4 2021 were $13,402,171 or $0.16 per share.

How did the net asset value change for AWF by March 31, 2021?

The net asset value per share for AWF was $12.78 as of March 31, 2021, down from $12.99 on December 31, 2020.

What was the total net assets for AWF at the end of Q4 2021?

The total net assets for AWF at the end of Q4 2021 were $1,102,272,659.

What were the unrealized losses reported by AWF for Q4 2021?

AWF reported total net realized and unrealized losses of $(14,658,612) or $(0.17) per share for Q4 2021.