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

Rhea-AI Summary

AllianceBernstein Global High Income Fund, Inc. (AWF) reported its second-quarter earnings for the period ending September 30, 2021. The total net assets decreased to $1,119,559,569 from $1,128,170,999 as of June 30, 2021. The net asset value per share was $12.98 with 86,229,677 shares outstanding. Total net investment income was $14,120,459 or $0.16 per share, while the total net realized and unrealized loss reached $(5,787,757) or $(0.07) per share.

Positive

• Total net investment income increased from $12,600,304 in Q1 2021 to $14,120,459 in Q2 2021.
• NAV per share of $12.98 remains higher than the $12.15 reported in Q2 2020.

Negative

• Total net assets decreased by $8,611,430 from Q1 2021.
• Total net realized and unrealized loss of $(5,787,757) contrasts sharply with net gains in previous quarters.

NEW YORK, Nov. 26, 2021 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closed–end investment company, today announced earnings for the second quarter ended September 30, 2021.

Total net assets of the Fund on September 30, 2021 were $1,119,559,569 as compared with $1,128,170,999 on  June 30, 2021 and $1,047,933,220 on September 30, 2020. On September 30, 2021, the net asset value per share was $12.98 based on 86,229,677 shares of common stock outstanding.

	September 30, 2021	June 30, 2021	September 30, 2020
Total Net Assets	$1,119,559,569	$1,128,170,999	$1,047,933,220
NAV Per Share	$12.98	$13.08	$12.15
Shares Outstanding	86,229,677	86,229,677	86,229,677

For the period July 1, 2021 through September 30, 2021, total net investment income was $14,120,459 or $0.16 per share. The total net realized and unrealized loss was $(5,787,757) or $(0.07) per share for the same period.

	Second Quarter       Ended September 30, 2021	First Quarter       Ended June 30, 2021	Second Quarter       Ended September 30, 2020
Total Net Investment   Income	$14,120,459	$12,600,304	$13,182,392
Per Share	$0.16	$0.15	$0.15
Total Net Realized/   Unrealized Gain/(Loss)	$(5,787,757)	$30,242,167	$38,546,836
Per Share	$(0.07)	$0.35	$0.45

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

View original content:https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-reports-second-quarter-earnings-301432487.html

SOURCE AB Global High Income Fund, Inc.

FAQ

What are the earnings results for AllianceBernstein Global High Income Fund (AWF) for Q2 2021?

AWF reported a total net investment income of $14,120,459 or $0.16 per share for Q2 2021.

What was the net asset value per share for AWF as of September 30, 2021?

The net asset value per share for AWF was $12.98 as of September 30, 2021.

How did AWF's total net assets change from Q1 to Q2 2021?

Total net assets decreased from $1,128,170,999 in Q1 2021 to $1,119,559,569 in Q2 2021.

Did AWF experience any losses in Q2 2021?

Yes, AWF reported a total net realized and unrealized loss of $(5,787,757) for Q2 2021.