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AllianceBernstein Global High Income Fund, Inc. reports recurring closed-end fund developments under the ticker AWF, including earnings releases, net asset value per share, total net assets, shares outstanding, net investment income, and realized or unrealized gains and losses. The fund is a registered closed-end investment company managed by AllianceBernstein L.P.
The fund seeks high current income, with capital appreciation as a secondary objective, through investments in debt securities. Its investment profile includes sovereign debt obligations and corporate debt denominated in U.S. dollars and non-U.S. currencies across developed and emerging markets.
AllianceBernstein has announced distribution rates for its closed-end funds. The AllianceBernstein Global High Income Fund (NYSE: AWF) will distribute $0.0655 per share, while the AllianceBernstein National Municipal Income Fund (NYSE: AFB) will distribute $0.03961 per share. Both distributions are classified as investment income and share the same schedule: ex-date, record date of December 5, 2024, and payment date of December 20, 2024.
AllianceBernstein Global High Income Fund (NYSE: AWF) has released its monthly portfolio update as of October 31, 2024. The fund's total net assets stand at $978.89 Million with a net asset value of $11.35. The portfolio consists of 1,252 holdings with an average coupon of 7.34% and average bond price of 96.09.
The fund's portfolio is primarily invested in non-investment grade corporates (75.44%), with significant allocations in investment grade corporates (14.47%) and emerging markets corporate bonds (6.15%). Geographically, the US dominates with 67.52% allocation. The fund maintains a total leverage of 15.10% through investment operations, with an effective duration of 3.13 years and average maturity of 4.89 years.
AllianceBernstein has announced distribution rates for its closed-end funds. The Global High Income Fund (NYSE: AWF) will distribute $0.0655 per share, while the National Municipal Income Fund (NYSE: AFB) will distribute $0.03961 per share. Both distributions are classified as investment income and share the same schedule: ex-date, record date of November 7, 2024, and payment date of November 22, 2024.
AllianceBernstein Global High Income Fund (NYSE: AWF) has released its monthly portfolio update as of September 30, 2024. The fund's total net assets stand at $989.33 Million with a net asset value of $11.47. The portfolio comprises 1,256 holdings with a turnover rate of 45%. Key metrics include an average coupon of 7.54%, average bond price of 97.11, and total fund leverage of 14.91%.
The portfolio is predominantly invested in non-investment grade corporates (53.96%), followed by investment-grade corporates (14.17%). Geographically, the United States leads with 68.84% allocation. Credit ratings show a concentration in BB (47.40%) and B (22.00%) rated securities. The majority of bonds (64.31%) have maturities between 1-5 years.
AllianceBernstein Closed-End Funds has announced distribution rates for two of its funds. AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) will distribute $0.0655 per share of investment income. AllianceBernstein National Municipal Income Fund, Inc. (NYSE: AFB) will distribute $0.03961 per share of investment income, which is an increase of $0.00372 from the previous distribution.
The ex-date, record date, and payment date for both funds are set for October 3, 2024, October 3, 2024, and October 18, 2024, respectively. The increase in AFB's distribution rate is aimed at aligning the Fund's monthly distributions with its current and projected earnings power. Both funds are managed by AllianceBernstein L.P.
AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] has released its monthly portfolio update as of August 31, 2024. The fund's top fixed-income holding is U.S. Treasury Notes 2.25%, 02/15/27 at 1.06% of the portfolio. The fund's investments are primarily in Corporates - Non-Investment Grade (71.15%) and Corporates - Investment Grade (18.00%).
Key portfolio statistics include:
- Average Coupon: 7.37%
- Average Bond Price: 96.42
- Total Fund Leverage: 14.87%
- Average Maturity: 5.17 Years
- Effective Duration: 3.07 Years
- Total Net Assets: $979.84 Million
- Net Asset Value: $11.36
- Total Number of Holdings: 1,270
- Portfolio Turnover: 45.00%
The fund's investments are diversified across various countries, with the United States representing the largest allocation at 66.37% of the portfolio.
AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) has reported its first quarter earnings for the period ended June 30, 2024. The fund's total net assets stood at $956,898,954, showing a slight decrease from $966,421,294 on March 31, 2024, but an increase from $915,000,977 on June 30, 2023. The net asset value (NAV) per share was $11.10, based on 86,229,677 outstanding shares.
For Q1 2024, AWF reported total net investment income of $15,871,344 ($0.18 per share), slightly higher than the same quarter last year. However, the fund experienced a total net realized and unrealized loss of $(8,449,552) ($(0.10) per share), contrasting with gains in previous quarters.
AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) has released its monthly portfolio update as of July 31, 2024. The fund's total net assets stand at $969.29 Million with a Net Asset Value of $11.24. The portfolio consists of 1,293 holdings with a turnover rate of 45.00%.
Key portfolio statistics include an average coupon of 7.50%, an average bond price of 95.71, and a total fund leverage of 16.48%. The fund's investments are diversified across various sectors, with the largest allocations in Corporates - Non-Investment Grade (70.22%) and Corporates - Investment Grade (20.29%).
The portfolio has a global exposure, with the United States (67.43%) being the largest country allocation. The credit quality breakdown shows a concentration in BB (42.39%) and B (20.35%) rated securities. The fund's average maturity is 5.37 years with an effective duration of 3.23 years.
AllianceBernstein Closed-End Funds have announced their latest distribution rates. The AllianceBernstein Global High Income Fund (NYSE: AWF) will distribute $0.0655 per share of investment income. The AllianceBernstein National Municipal Income Fund (NYSE: AFB) will distribute $0.03589 per share, an increase of $0.00323 from its previous distribution.
For both funds, the ex-date, record date, and payment date are set for September 5, 2024, September 5, 2024, and September 20, 2024, respectively. The increase in AFB's distribution rate is aimed at aligning monthly distributions with current and projected earnings power. These closed-end funds are managed by AllianceBernstein L.P.
AllianceBernstein Closed-End Funds has announced distribution rates for two of its funds. AllianceBernstein Global High Income Fund (NYSE: AWF) will distribute $0.0655 per share of investment income, while AllianceBernstein National Municipal Income Fund (NYSE: AFB) will distribute $0.03266 per share of investment income.
For both funds, the ex-date, record date, and payment date are set for August 1, 2024, August 1, 2024, and August 16, 2024, respectively. These distributions were declared on July 22, 2024. AllianceBernstein L.P. manages both closed-end funds.