NEW YORK, April 23, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of March 31, 2024.
AllianceBernstein Global High Income Fund, Inc. | | |
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Top 10 Fixed-Income Holdings | | Portfolio % |
1) U.S. Treasury Notes 2.25%, 02/15/27 | | 1.05 % |
2) CCO Holdings 4.50%, 08/15/30 - 06/01/33 | | 0.64 % |
3) Dominican Republic Intl Bond 8.625%, 04/20/27 | | 0.62 % |
4) CCO Holdings 4.75%, 02/01/32 | | 0.60 % |
5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 | | 0.53 % |
6) AMMC CLO 25 Ltd. 12.904%, 04/15/35 | | 0.52 % |
7) Sirius XM Radio, Inc. 4.00%, 07/15/28 | | 0.43 % |
8) Palmer Square CLO Ltd. 11.726%, 01/15/35 | | 0.42 % |
9) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28 | | 0.42 % |
10) Carnival Holdings Bermuda 10.375%, 05/01/28 | | 0.40 % |
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Investment Type | | Portfolio % |
Corporates - Non-Investment Grade | | |
Industrial | | |
Communications - Media | | 6.86 % |
Energy | | 6.81 % |
Consumer Non-Cyclical | | 6.58 % |
Capital Goods | | 4.65 % |
Basic | | 3.61 % |
Consumer Cyclical - Other | | 3.28 % |
Services | | 3.28 % |
Technology | | 2.79 % |
Consumer Cyclical - Retailers | | 2.67 % |
Communications - Telecommunications | | 2.56 % |
Consumer Cyclical - Automotive | | 2.43 % |
Consumer Cyclical - Entertainment | | 2.29 % |
Transportation - Services | | 1.01 % |
Transportation - Airlines | | 0.86 % |
Other Industrial | | 0.27 % |
Consumer Cyclical - Restaurants | | 0.17 % |
SUBTOTAL | | 50.12 % |
Credit Default Swaps | | 16.29 % |
Financial Institutions | | |
Finance | | 2.35 % |
REITs | | 1.22 % |
Insurance | | 1.01 % |
Brokerage | | 0.80 % |
Other Finance | | 0.36 % |
Banking | | 0.30 % |
SUBTOTAL | | 6.04 % |
Utility | | |
Electric | | 0.51 % |
Natural Gas | | 0.08 % |
SUBTOTAL | | 0.59 % |
SUBTOTAL | | 73.04 % |
Corporates - Investment Grade | | |
Industrial | | |
Consumer Cyclical - Automotive | | 2.22 % |
Energy | | 1.87 % |
Consumer Non-Cyclical | | 1.23 % |
Communications - Media | | 0.97 % |
Consumer Cyclical - Other | | 0.90 % |
Basic | | 0.83 % |
Consumer Cyclical - Retailers | | 0.29 % |
Transportation - Airlines | | 0.28 % |
Capital Goods | | 0.20 % |
Technology | | 0.13 % |
Transportation - Services | | 0.13 % |
Consumer Cyclical - Entertainment | | 0.11 % |
Communications - Telecommunications | | 0.09 % |
Services | | 0.06 % |
Transportation - Railroads | | 0.04 % |
SUBTOTAL | | 9.35 % |
Financial Institutions | | |
Banking | | 6.81 % |
Insurance | | 1.01 % |
Finance | | 0.70 % |
Brokerage | | 0.16 % |
REITs | | 0.15 % |
SUBTOTAL | | 8.83 % |
Utility | | |
Electric | | 0.83 % |
Other Utility | | 0.05 % |
SUBTOTAL | | 0.88 % |
SUBTOTAL | | 19.06 % |
Emerging Markets - Corporate Bonds | | |
Industrial | | |
Basic | | 1.63 % |
Consumer Cyclical - Other | | 1.06 % |
Consumer Non-Cyclical | | 0.77 % |
Energy | | 0.65 % |
Technology | | 0.20 % |
Consumer Cyclical - Retailers | | 0.16 % |
Communications - Media | | 0.15 % |
Capital Goods | | 0.14 % |
Transportation - Services | | 0.07 % |
Communications - Telecommunications | | 0.04 % |
Services | | 0.04 % |
SUBTOTAL | | 4.91 % |
Utility | | |
Electric | | 0.30 % |
Other Utility | | 0.07 % |
SUBTOTAL | | 0.37 % |
Financial Institutions | | |
Banking | | 0.09 % |
Other Finance | | 0.02 % |
SUBTOTAL | | 0.11 % |
SUBTOTAL | | 5.39 % |
Collateralized Loan Obligations | | |
CLO - Floating Rate | | 4.19 % |
SUBTOTAL | | 4.19 % |
Interest Rate Futures | | 4.17 % |
Bank Loans | | |
Industrial | | |
Consumer Non-Cyclical | | 0.54 % |
Technology | | 0.47 % |
Communications - Telecommunications | | 0.37 % |
Energy | | 0.35 % |
Communications - Media | | 0.26 % |
Capital Goods | | 0.23 % |
Other Industrial | | 0.22 % |
Consumer Cyclical - Automotive | | 0.09 % |
Consumer Cyclical - Retailers | | 0.05 % |
Transportation - Airlines | | 0.05 % |
Consumer Cyclical - Restaurants | | 0.02 % |
SUBTOTAL | | 2.65 % |
Financial Institutions | | |
Insurance | | 0.32 % |
Finance | | 0.02 % |
SUBTOTAL | | 0.34 % |
Utility | | |
Electric | | 0.18 % |
SUBTOTAL | | 0.18 % |
SUBTOTAL | | 3.17 % |
Collateralized Mortgage Obligations | | |
Risk Share Floating Rate | | 2.30 % |
Non-Agency Fixed Rate | | 0.33 % |
Non-Agency Floating Rate | | 0.29 % |
Agency Fixed Rate | | 0.24 % |
SUBTOTAL | | 3.16 % |
Emerging Markets - Sovereigns | | |
Emerging Markets - Sovereigns | | 2.46 % |
Credit Default Swaps | | 0.26 % |
SUBTOTAL | | 2.72 % |
Commercial Mortgage-Backed Securities | | |
Credit Default Swaps | | 1.26 % |
Non-Agency Fixed Rate CMBS | | 0.38 % |
Non-Agency Floating Rate CMBS | | 0.03 % |
SUBTOTAL | | 1.67 % |
U.S. Govt & Agency Securities | | 1.64 % |
Quasi-Sovereigns | | |
Quasi-Sovereign Bonds | | 1.12 % |
SUBTOTAL | | 1.12 % |
EM Government Agencies | | 0.52 % |
Local Governments - US Municipal Bonds | | 0.41 % |
Inflation-Linked Securities | | 0.30 % |
Common Stocks | | 0.19 % |
Preferred Stocks | | |
Industrials | | 0.10 % |
SUBTOTAL | | 0.10 % |
Asset-Backed Securities | | |
Autos - Fixed Rate | | 0.08 % |
Other ABS - Floating Rate | | 0.01 % |
SUBTOTAL | | 0.09 % |
Forward Currency Exchange Contracts | | |
Currency Instruments | | 0.06 % |
SUBTOTAL | | 0.06 % |
Reverse Repurchase Agreements | | -0.53 % |
Cash & Cash Equivalents | | |
Funds and Investment Trusts | | 0.78 % |
SUBTOTAL | | 0.78 % |
Derivative Offsets | | |
Futures Offsets | | -4.15 % |
Swap Offsets | | -17.10 % |
SUBTOTAL | | -21.25 % |
TOTAL | | 100.00 % |
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Country Breakdown | | Portfolio % |
United States | | 68.91 % |
United Kingdom | | 4.04 % |
France | | 2.46 % |
Canada | | 1.87 % |
Spain | | 1.79 % |
Germany | | 1.63 % |
Brazil | | 1.38 % |
Colombia | | 1.34 % |
Luxembourg | | 1.32 % |
Mexico | | 1.32 % |
Australia | | 0.94 % |
Italy | | 0.87 % |
India | | 0.75 % |
Dominican Republic | | 0.67 % |
Nigeria | | 0.66 % |
China | | 0.65 % |
Macau | | 0.59 % |
Hong Kong | | 0.54 % |
Israel | | 0.54 % |
Chile | | 0.52 % |
Switzerland | | 0.51 % |
Ireland | | 0.46 % |
South Africa | | 0.45 % |
Netherlands | | 0.43 % |
Peru | | 0.41 % |
Kazakhstan | | 0.36 % |
Finland | | 0.31 % |
Turkey | | 0.29 % |
Norway | | 0.26 % |
Indonesia | | 0.25 % |
Zambia | | 0.25 % |
Angola | | 0.24 % |
El Salvador | | 0.24 % |
Ukraine | | 0.23 % |
Egypt | | 0.22 % |
Slovenia | | 0.21 % |
Argentina | | 0.19 % |
Japan | | 0.18 % |
Panama | | 0.14 % |
Czech Republic | | 0.11 % |
Sweden | | 0.10 % |
Venezuela | | 0.09 % |
Guatemala | | 0.08 % |
Jersey (Channel Islands) | | 0.07 % |
Cayman Islands | | 0.05 % |
Ghana | | 0.05 % |
Senegal | | 0.05 % |
Austria | | 0.04 % |
Kuwait | | 0.04 % |
Romania | | 0.04 % |
Trinidad and Tobago | | 0.04 % |
Malaysia | | 0.02 % |
Ecuador | | 0.01 % |
Cash & Cash Equivalents | | 0.79 % |
Total Investments | | 100.00 % |
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Net Currency Exposure Breakdown | | Portfolio % |
US Dollar | | 100.04 % |
Canadian Dollar | | 0.18 % |
Pound Sterling | | 0.08 % |
Norwegian Krone | | 0.02 % |
Chilean Peso | | 0.01 % |
Indonesian Rupiah | | 0.01 % |
Indian Rupee | | 0.01 % |
Czech Koruna | | -0.01 % |
Peruvian Sol | | -0.01 % |
Polish Zloty | | -0.01 % |
Colombian Peso | | -0.07 % |
Euro | | -0.25 % |
Total Net Assets | | 100.00 % |
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Credit Rating | | Portfolio % |
AAA | | 1.32 % |
AA | | 0.46 % |
A | | 2.98 % |
BBB | | 18.85 % |
BB | | 42.07 % |
B | | 21.95 % |
CCC | | 7.88 % |
CC | | 0.34 % |
C | | 0.10 % |
Not Rated | | 2.86 % |
Short Term Investments | | 0.78 % |
Reverse Repurchase Agreements | | -0.52 % |
N/A | | 0.93 % |
Total | | 100.00 % |
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Bonds by Maturity | | Portfolio % |
Less than 1 Year | | 3.04 % |
1 To 5 Years | | 60.23 % |
5 To 10 Years | | 30.71 % |
10 To 20 Years | | 3.12 % |
20 To 30 Years | | 1.08 % |
More than 30 Years | | 1.63 % |
Other | | 0.19 % |
Total Net Assets | | 100.00 % |
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Portfolio Statistics: | | |
Average Coupon: | | 7.60 % |
Average Bond Price: | | 94.54 |
Percentage of Leverage(based on gross assets): | | |
Bank Borrowing: | | 0.00 % |
Investment Operations:* | | 19.79 % |
Preferred Stock: | | 0.00 % |
Tender Option Bonds: | | 0.00 % |
VMTP Shares: | | 0.00 % |
Total Fund Leverage: | | 19.79 % |
Average Maturity: | | 5.92 Years |
Effective Duration: | | 3.31 Years |
Total Net Assets: | | $966.52 Million |
Net Asset Value: | | $11.21 |
Total Number of Holdings: | | 1,346 |
Portfolio Turnover: | | 40.00 % |
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* Investment Operations may include the use of certain portfolio management techniques such as credit | ||
default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities. | ||
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The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The | ||
Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P. |