In This Article:
NEW YORK, Dec. 23, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of November 30, 2024.
| AllianceBernstein Global High Income Fund, Inc. | | |
| | | |
| | | |
| 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 | | 0.80 % |
| 3) CCO Holdings 4.75%, 02/01/32 | | 0.64 % |
| 4) Dominican Republic Intl Bond 8.625%, 04/20/27 | | 0.60 % |
| 5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 | | 0.53 % |
| 6) AMMC CLO 25 Ltd. 11.406%, 04/15/35 | | 0.51 % |
| 7) Altice France SA 5.125%, 01/15/29 - 07/15/29 | | 0.46 % |
| 8) DaVita, Inc. 4.625%, 06/01/30 | | 0.46 % |
| 9) Bausch Health Cos., Inc. 4.875%, 06/01/28 | | 0.43 % |
| 10) EchoStar Corp. 10.75%, 11/30/29 | | 0.42 % |
| | | |
| Investment Type | | Portfolio % |
| Corporates - Non-Investment Grade | | |
| Industrial | | |
| Energy | | 7.41 % |
| Consumer Non-Cyclical | | 7.04 % |
| Communications - Media | | 6.97 % |
| Capital Goods | | 4.53 % |
| Basic | | 4.27 % |
| Consumer Cyclical - Other | | 3.78 % |
| Communications - Telecommunications | | 3.75 % |
| Consumer Cyclical - Retailers | | 3.27 % |
| Services | | 2.66 % |
| Consumer Cyclical - Automotive | | 2.36 % |
| Technology | | 2.02 % |
| Consumer Cyclical - Entertainment | | 1.74 % |
| Transportation - Services | | 1.30 % |
| Transportation - Airlines | | 0.70 % |
| Consumer Cyclical - Restaurants | | 0.52 % |
| Other Industrial | | 0.41 % |
| Transportation - Railroads | | 0.04 % |
| SUBTOTAL | | 52.77 % |
| Credit Default Swaps | | 14.44 % |
| Financial Institutions | | |
| Finance | | 2.14 % |
| Brokerage | | 1.16 % |
| REITs | | 1.11 % |
| Insurance | | 0.87 % |
| Other Finance | | 0.55 % |
| Banking | | 0.50 % |
| SUBTOTAL | | 6.33 % |
| Utility | | |
| Electric | | 1.35 % |
| Natural Gas | | 0.06 % |
| SUBTOTAL | | 1.41 % |
| SUBTOTAL | | 74.95 % |
| Corporates - Investment Grade | | |
| Industrial | | |
| Communications - Media | | 1.37 % |
| Energy | | 1.22 % |
| Consumer Cyclical - Automotive | | 0.87 % |
| Consumer Cyclical - Other | | 0.73 % |
| Basic | | 0.66 % |
| Consumer Non-Cyclical | | 0.47 % |
| Capital Goods | | 0.43 % |
| Transportation - Airlines | | 0.38 % |
| Consumer Cyclical - Entertainment | | 0.30 % |
| Transportation - Services | | 0.21 % |
| Consumer Cyclical - Retailers | | 0.20 % |
| Other Industrial | | 0.05 % |
| Technology | | 0.03 % |
| Transportation - Railroads | | 0.03 % |
| Services | | 0.02 % |
| SUBTOTAL | | 6.97 % |
| Financial Institutions | | |
| Banking | | 4.30 % |
| Insurance | | 0.82 % |
| Finance | | 0.64 % |
| REITs | | 0.37 % |
| Brokerage | | 0.13 % |
| SUBTOTAL | | 6.26 % |
| Utility | | |
| Electric | | 1.41 % |
| Other Utility | | 0.05 % |
| SUBTOTAL | | 1.46 % |
| SUBTOTAL | | 14.69 % |
| Emerging Markets - Corporate Bonds | | |
| Industrial | | |
| Basic | | 1.95 % |
| Energy | | 1.13 % |
| Consumer Cyclical - Other | | 0.96 % |
| Consumer Non-Cyclical | | 0.79 % |
| Capital Goods | | 0.26 % |
| Communications - Telecommunications | | 0.16 % |
| Consumer Cyclical - Retailers | | 0.14 % |
| Communications - Media | | 0.09 % |
| Transportation - Services | | 0.07 % |
| Other Industrial | | 0.03 % |
| Consumer Cyclical - Automotive | | 0.02 % |
| SUBTOTAL | | 5.60 % |
| Utility | | |
| Electric | | 0.44 % |
| Other Utility | | 0.07 % |
| SUBTOTAL | | 0.51 % |
| Financial Institutions | | |
| Banking | | 0.12 % |
| SUBTOTAL | | 0.12 % |
| SUBTOTAL | | 6.23 % |
| Bank Loans | | |
| Industrial | | |
| Consumer Non-Cyclical | | 0.98 % |
| Technology | | 0.98 % |
| Communications - Media | | 0.67 % |
| Communications - Telecommunications | | 0.50 % |
| Transportation - Airlines | | 0.23 % |
| Capital Goods | | 0.20 % |
| Other Industrial | | 0.16 % |
| Energy | | 0.15 % |
| Consumer Cyclical - Retailers | | 0.05 % |
| Consumer Cyclical - Restaurants | | 0.02 % |
| SUBTOTAL | | 3.94 % |
| Financial Institutions | | |
| Insurance | | 0.38 % |
| Finance | | 0.02 % |
| SUBTOTAL | | 0.40 % |
| SUBTOTAL | | 4.34 % |
| Interest Rate Futures | | 3.22 % |
| Collateralized Loan Obligations | | |
| CLO - Floating Rate | | 2.83 % |
| SUBTOTAL | | 2.83 % |
| Collateralized Mortgage Obligations | | |
| Risk Share Floating Rate | | 1.55 % |
| Non-Agency Fixed Rate | | 0.31 % |
| Non-Agency Floating Rate | | 0.28 % |
| Agency Fixed Rate | | 0.21 % |
| SUBTOTAL | | 2.35 % |
| Emerging Markets - Sovereigns | | 2.33 % |
| U.S. Govt & Agency Securities | | 1.62 % |
| Quasi-Sovereigns | | |
| Quasi-Sovereign Bonds | | 1.20 % |
| SUBTOTAL | | 1.20 % |
| Local Governments - US Municipal Bonds | | 0.40 % |
| Commercial Mortgage-Backed Securities | | |
| Non-Agency Fixed Rate CMBS | | 0.35 % |
| SUBTOTAL | | 0.35 % |
| Asset-Backed Securities | | |
| Other ABS - Floating Rate | | 0.22 % |
| Autos - Fixed Rate | | 0.08 % |
| SUBTOTAL | | 0.30 % |
| Emerging Markets - Treasuries | | 0.24 % |
| Inflation-Linked Securities | | 0.22 % |
| Forward Currency Exchange Contracts | | |
| Currency Instruments | | 0.13 % |
| SUBTOTAL | | 0.13 % |
| Common Stocks | | 0.12 % |
| Preferred Stocks | | |
| Industrials | | 0.09 % |
| SUBTOTAL | | 0.09 % |
| Reverse Repurchase Agreements | | -0.55 % |
| EM Government Agencies | | -0.81 % |
| Cash & Cash Equivalents | | |
| Cash | | 1.20 % |
| Funds and Investment Trusts | | 0.69 % |
| SUBTOTAL | | 1.89 % |
| Derivative Offsets | | |
| Futures Offsets | | -3.20 % |
| Swap Offsets | | -12.94 % |
| SUBTOTAL | | -16.14 % |
| TOTAL | | 100.00 % |
| | | |
| Country Breakdown | | Portfolio % |
| United States | | 68.28 % |
| United Kingdom | | 3.37 % |
| Canada | | 2.47 % |
| France | | 2.28 % |
| Germany | | 1.54 % |
| Brazil | | 1.50 % |
| Colombia | | 1.43 % |
| Mexico | | 1.32 % |
| Italy | | 1.23 % |
| Spain | | 1.22 % |
| Luxembourg | | 1.08 % |
| India | | 1.04 % |
| South Africa | | 0.90 % |
| Dominican Republic | | 0.85 % |
| Israel | | 0.82 % |
| Chile | | 0.77 % |
| Australia | | 0.63 % |
| China | | 0.61 % |
| Peru | | 0.58 % |
| Nigeria | | 0.57 % |
| Hong Kong | | 0.52 % |
| Macau | | 0.51 % |
| Netherlands | | 0.50 % |
| Puerto Rico | | 0.44 % |
| Turkey | | 0.38 % |
| Kazakhstan | | 0.36 % |
| Angola | | 0.31 % |
| Finland | | 0.31 % |
| Switzerland | | 0.31 % |
| Ireland | | 0.30 % |
| Indonesia | | 0.25 % |
| Jersey (Channel Islands) | | 0.25 % |
| Egypt | | 0.24 % |
| Norway | | 0.21 % |
| Panama | | 0.21 % |
| Slovenia | | 0.20 % |
| Romania | | 0.19 % |
| Zambia | | 0.17 % |
| El Salvador | | 0.16 % |
| Guatemala | | 0.14 % |
| Azerbaijan | | 0.11 % |
| Ukraine | | 0.10 % |
| Ecuador | | 0.09 % |
| Malaysia | | 0.08 % |
| Cayman Islands | | 0.07 % |
| Japan | | 0.07 % |
| Argentina | | 0.05 % |
| Jamaica | | 0.05 % |
| Austria | | 0.04 % |
| Czech Republic | | 0.04 % |
| Kuwait | | 0.04 % |
| Morocco | | 0.04 % |
| Serbia | | 0.03 % |
| Uzbekistan | | 0.03 % |
| Trinidad and Tobago | | 0.02 % |
| Cash & Cash Equivalents | | 0.69 % |
| Total Investments | | 100.00 % |
| | | |
| Net Currency Exposure Breakdown | | Portfolio % |
| US Dollar | | 100.27 % |
| Canadian Dollar | | 0.18 % |
| Pound Sterling | | 0.10 % |
| Dominican Peso | | 0.07 % |
| Norwegian Krone | | 0.02 % |
| Brazilian Real | | 0.01 % |
| Indonesian Rupiah | | 0.01 % |
| Swedish Krona | | 0.01 % |
| South African Rand | | 0.01 % |
| South Korean Won | | -0.01 % |
| Colombian Peso | | -0.09 % |
| Euro | | -0.58 % |
| Total Net Assets | | 100.00 % |
| | | |
| Credit Rating | | Portfolio % |
| AAA | | 1.36 % |
| AA | | 0.20 % |
| A | | 1.24 % |
| BBB | | 15.93 % |
| BB | | 44.82 % |
| B | | 23.26 % |
| CCC | | 8.14 % |
| CC | | 0.11 % |
| C | | 0.05 % |
| Not Rated | | 2.89 % |
| Short Term Investments | | 0.69 % |
| Reverse Repurchase Agreements | | -0.54 % |
| N/A | | 1.85 % |
| Total | | 100.00 % |
| | | |
| Bonds by Maturity | | Portfolio % |
| Less than 1 Year | | 7.30 % |
| 1 To 5 Years | | 66.36 % |
| 5 To 10 Years | | 21.85 % |
| 10 To 20 Years | | 2.50 % |
| 20 To 30 Years | | 1.64 % |
| More than 30 Years | | 0.23 % |
| Other | | 0.12 % |
| Total Net Assets | | 100.00 % |
| | | |
| Portfolio Statistics: | | |
| Average Coupon: | | 7.45 % |
| Average Bond Price: | | 96.67 |
| Percentage of Leverage(based on gross assets): | | |
| Bank Borrowing: | | 0.00 % |
| Investment Operations:* | | 14.91 % |
| Preferred Stock: | | 0.00 % |
| Tender Option Bonds: | | 0.00 % |
| VMTP Shares: | | 0.00 % |
| VRDP Shares: | | 0.00 % |
| Total Fund Leverage: | | 14.91 % |
| Average Maturity: | | 4.57 Years |
| Effective Duration: | | 3.06 Years |
| Total Net Assets: | | $987.60 Million |
| Net Asset Value: | | $11.45 |
| Total Number of Holdings: | | 1,240 |
| Portfolio Turnover: | | 45.00 % |
| | | |
| * 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. | ||
| | | |
| 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. | ||