ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC. REPORTS FOURTH QUARTER EARNINGS

AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) reported earnings for the fourth quarter ended March 31, 2022.

Rhea-AI Summary

AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) reported earnings for the fourth quarter ended March 31, 2022. The Fund's total net assets decreased to $1,036,685,870 from $1,107,356,837 at the end of December 2021. The net asset value (NAV) per share declined to $12.02 from $12.84 in the previous quarter. For the period from January 1 to March 31, 2022, net investment income was $15,242,349 or $0.18 per share, while the total net realized and unrealized loss amounted to $(68,969,183) or $(0.80) per share.

Positive

• Net investment income increased to $15,242,349, or $0.18 per share, compared to $11,229,751 or $0.13 per share in the previous quarter.

Negative

• Total net assets fell to $1,036,685,870 from $1,107,356,837 in December 2021.
• NAV per share declined to $12.02 from $12.84 in the previous quarter.
• Total net realized and unrealized loss of $(68,969,183) or $(0.80) per share, significantly higher than previous losses.

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NEW YORK, May 27, 2022 /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, 2022.

Total net assets of the Fund on March 31, 2022 were $1,036,685,870 as compared with $1,107,356,837 on  December 31, 2021 and $1,102,272,659 on March 31, 2021. On March 31, 2022, the net asset value per share was $12.02 based on 86,229,677 shares of common stock outstanding.

	March 31, 2022	December 31, 2021	March 31, 2021
Total Net Assets	$1,036,685,870	$1,107,356,837	$1,102,272,659
NAV Per Share	$12.02	$12.84	$12.78
Shares Outstanding	86,229,677	86,229,677	86,229,677

For the period January 1, 2022 through March 31, 2022, total net investment income was $15,242,349 or $0.18 per share. The total net realized and unrealized loss was $(68,969,183) or $(0.80) per share for the same period.

	Fourth Quarter       Ended March 31, 2022	Third Quarter       Ended December 31, 2021	Fourth Quarter       Ended March 31, 2021
Total Net Investment   Income	$15,242,349	$11,229,751	$13,402,171
Per Share	$0.18	$0.13	$0.15
Total Net Realized/   Unrealized Loss	$(68,969,183)	$(6,488,352)	$(14,658,896)
Per Share	$(0.80)	$(0.08)	$(0.17)

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-fourth-quarter-earnings-301556870.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What were the total net assets of AWF as of March 31, 2022?

As of March 31, 2022, the total net assets of AllianceBernstein Global High Income Fund, Inc. (AWF) were $1,036,685,870.

How did the NAV per share change for AWF in Q4 2022?

The NAV per share for AWF decreased to $12.02 as of March 31, 2022, down from $12.84 at the end of December 2021.

What was the net investment income reported by AWF for Q4 2022?

AWF reported a net investment income of $15,242,349, or $0.18 per share, for the quarter ending March 31, 2022.

Did AWF report any losses for the fourth quarter of 2022?

Yes, AWF reported a total net realized and unrealized loss of $(68,969,183), or $(0.80) per share, for the quarter.