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

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AllianceBernstein Global High Income Fund (NYSE: AWF) reported its second quarter earnings for the period ended September 30, 2024. The Fund's total net assets increased to $989.26 million, up from $956.90 million in June 2024 and $907.69 million year-over-year. The net asset value per share rose to $11.47, compared to $11.10 in the previous quarter. Total net investment income reached $16.37 million ($0.19 per share), while the Fund recorded a total net realized and unrealized gain of $32.94 million ($0.38 per share) for the quarter.

Il Fondo Globale di Alto Reddito di AllianceBernstein (NYSE: AWF) ha riportato i risultati del secondo trimestre per il periodo terminato il 30 settembre 2024. I fondi netti totali sono aumentati a $989.26 milioni, rispetto a $956.90 milioni di giugno 2024 e $907.69 milioni rispetto all'anno precedente. Il valore netto degli attivi per azione è salito a $11.47, rispetto a $11.10 del trimestre precedente. Il reddito netto totale da investimenti ha raggiunto $16.37 milioni ($0.19 per azione), mentre il Fondo ha registrato un guadagno netto totale realizzato e non realizzato di $32.94 milioni ($0.38 per azione) per il trimestre.

El Fondo Global de Alto Ingreso de AllianceBernstein (NYSE: AWF) informó sus ganancias del segundo trimestre para el período terminado el 30 de septiembre de 2024. Los activos netos totales del fondo aumentaron a $989.26 millones, en comparación con $956.90 millones en junio de 2024 y $907.69 millones en comparación con el año anterior. El valor neto de los activos por acción aumentó a $11.47, en comparación con $11.10 en el trimestre anterior. Los ingresos netos totales de inversión alcanzaron $16.37 millones ($0.19 por acción), mientras que el fondo registró una ganancia neta total realizada y no realizada de $32.94 millones ($0.38 por acción) para el trimestre.

AllianceBernstein 글로벌 고수익 펀드(NYSE: AWF)는 2024년 9월 30일 기준으로 끝난 분기의 두 번째 분기 실적을 보고했습니다. 펀드의 총 순자산은 $989.26 백만으로 증가했으며, 이는 2024년 6월의 $956.90 백만 및 지난해의 $907.69 백만과 비교됩니다. 주당 순자산 가치는 $11.47로 상승했으며, 이는 이전 분기의 $11.10과 비교됩니다. 총 순 투자 수익은 $16.37 백만 ($0.19 per share)에 도달했으며, 펀드는 분기 동안 $32.94 백만 ($0.38 per share)의 총 순 실현 및 미실현 이익을 기록했습니다.

Le Fonds Global High Income d'AllianceBernstein (NYSE: AWF) a annoncé ses résultats du deuxième trimestre pour la période se terminant le 30 septembre 2024. Les actifs nets totaux du fonds ont augmenté à $989.26 millions, comparativement à $956.90 millions en juin 2024 et $907.69 millions d'une année sur l'autre. La valeur nette d'actif par action a augmenté à $11.47, contre $11.10 au trimestre précédent. Le revenu net total des investissements a atteint $16.37 millions ($0.19 par action), tandis que le fonds a enregistré un gain net total réalisé et non réalisé de $32.94 millions ($0.38 par action) pour le trimestre.

Der AllianceBernstein Global High Income Fund (NYSE: AWF) hat seine Erträge für das zweite Quartal für den Zeitraum zum 30. September 2024 berichtet. Die Gesamtnettomittel des Fonds stiegen auf $989.26 Millionen, verglichen mit $956.90 Millionen im Juni 2024 und $907.69 Millionen im Jahresvergleich. Der Nettoinventarwert pro Aktie erhöhte sich auf $11.47, im Vergleich zu $11.10 im vorherigen Quartal. Die gesamten Nettomieterträge betrugen $16.37 Millionen ($0.19 pro Aktie), während der Fonds einen gesamten realisierten und unrealisierten Gewinn von $32.94 Millionen ($0.38 pro Aktie) für das Quartal verzeichnete.

Positive
  • Net assets increased by $32.36 million quarter-over-quarter
  • Net asset value per share improved from $11.10 to $11.47
  • Total net investment income grew to $16.37 million from $15.87 million in previous quarter
  • Realized significant gain of $32.94 million, reversing previous quarter's loss
Negative
  • None.

Insights

The fund shows strong quarterly performance with notable improvements across key metrics. Total net assets increased by 3.4% quarter-over-quarter to $989.3 million and 9% year-over-year. The NAV per share rose to $11.47, up from $11.10 in the previous quarter.

The most significant development is the substantial turnaround in realized and unrealized gains, posting $32.9 million compared to losses in previous periods. Net investment income also improved to $16.4 million, representing a 3.1% increase from the previous quarter. The consistent share count indicates no dilution, while the improving financials suggest effective portfolio management in challenging market conditions.

NEW YORK, Nov. 29, 2024 /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, 2024.

Total net assets of the Fund on September 30, 2024 were $989,257,215 as compared with $956,898,954 on June 30, 2024 and $907,692,915 on September 30, 2023. On September 30, 2024, the net asset value per share was $11.47 based on 86,229,677 shares of common stock outstanding.


September 30, 2024

June 30, 2024

September 30, 2023





Total Net Assets

$989,257,215

$956,898,954

$907,692,915

NAV Per Share

$11.47

$11.10

$10.53

Shares Outstanding          

86,229,677

86,229,677

86,229,677

For the period July 1, 2024 through September 30, 2024, total net investment income was $16,366,635 or $0.19 per share. The total net realized and unrealized gain was $32,935,757 or $0.38 per share for the same period.                                                                                                            


Second Quarter

      Ended

September 30, 2024

 

First Quarter

      Ended

June 30, 2024

 

Second Quarter

      Ended

September 30, 2023

 





Total Net Investment

  Income                                         

$16,366,635

$15,871,344

$ 15,124,939

Per Share

$0.19

$0.18

$0.18

Total Net Realized/

  Unrealized Gain/(Loss)

$32,935,757

$(8,449,552)

$ (5,488,870)

Per Share

$0.38

$(0.10)

$(0.06)

 

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

Cision View original content:https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-reports-second-quarter-earnings-302318819.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

FAQ

What was AWF's net asset value per share on September 30, 2024?

AWF's net asset value per share was $11.47 on September 30, 2024.

How much did AWF's total net assets increase in Q2 2024?

AWF's total net assets increased by $32.36 million, from $956.90 million to $989.26 million in Q2 2024.

What was AWF's net investment income per share for Q2 2024?

AWF's net investment income was $0.19 per share for Q2 2024.

How did AWF's realized and unrealized gains perform in Q2 2024?

AWF reported total net realized and unrealized gains of $32.94 million ($0.38 per share) in Q2 2024.

ALLIANCEBERSTEIN GLOBAL HIGH INCOME FUND, INC.

NYSE:AWF

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