AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, Sept. 28 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of August 31, 2010.
AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed Income Holdings
Portfolio %
1) Republic of Brazil 12.50%, 1/05/16 -
1/05/22 1.81%
2) Republic of Argentina 7.00%, 10/03/15 1.48%
3) Republic of Philippines 9.875%, 1/15/19 1.17%
4) Republic of Colombia 12.00%, 10/22/15 0.99%
5) Republic of Indonesia 6.875%, 1/17/18 0.98%
6) RSHB Capital SA for OJSC Russian Agricultural
Bank 7.75%, 5/29/18 0.94%
7) Gaz Capital SA for Gazprom 6.51%, 3/07/22 0.93%
8) Republic of Colombia 7.375%, 9/18/37 0.90%
9) Republic of Indonesia 6.625%, 2/17/37 0.88%
10) South Africa Government Bond Series R203 8.25%,
9/15/17 0.75%
Fixed Income Holdings by Security Type
Portfolio %
Corporates - Non-Investment Grades
Industrial
Basic 5.51%
Consumer Non-Cyclical 4.33%
Consumer Cyclical - Other 3.96%
Communications - Media 3.91%
Capital Goods 3.68%
Energy 3.19%
Communications - Telecommunications 2.65%
Technology 2.22%
Consumer Cyclical - Retailers 2.04%
Consumer Cyclical - Automotive 1.69%
Services 1.25%
Transportation - Services 0.80%
Other Industrial 0.68%
Consumer Cyclical - Entertainment 0.56%
Transportation - Airlines 0.56%
Consumer Cyclical - Restaurants 0.19%
Transportation - Railroads 0.11%
SUBTOTAL 37.33%
Financial Institutions
Banking 1.60%
Finance 1.19%
Insurance 0.78%
Brokerage 0.33%
Other Finance 0.32%
SUBTOTAL 4.22%
Utility
Electric 2.09%
Natural Gas 0.62%
SUBTOTAL 2.71%
Credit Default Index Holdings
DJ CDX.NA.HY-100 0.41%
SUBTOTAL 0.41%
SUBTOTAL 44.67%
Emerging Markets - Sovereigns 13.19%
Corporates - Investment Grades
Financial Institutions
Insurance 1.71%
Banking 1.61%
Finance 0.30%
REITS 0.27%
Other Finance 0.25%
Brokerage 0.05%
SUBTOTAL 4.19%
Industrial
Basic 1.06%
Energy 0.79%
Other Industrial 0.34%
Technology 0.19%
Capital Goods 0.18%
Communications - Telecommunications 0.17%
Services 0.15%
Consumer Non-Cyclical 0.14%
Consumer Cyclical - Retailers 0.11%
Transportation - Airlines 0.08%
SUBTOTAL 3.21%
Non Corporate Sectors
Agencies - Not Government Guaranteed 1.84%
Treasuries 0.42%
SUBTOTAL 2.26%
Utility
Electric 0.19%
SUBTOTAL 0.19%
SUBTOTAL 9.85%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 6.91%
Non-Agency Floating Rate CMBS 0.13%
SUBTOTAL 7.04%
Quasi-Sovereigns
Quasi-Sovereign Bonds 4.80%
SUBTOTAL 4.80%
Governments - Treasuries
Treasuries 3.97%
SUBTOTAL 3.97%
Governments - Sovereign Bonds 3.14%
CMOs
Non-Agency Fixed Rate 1.32%
Non-Agency Floating Rate 0.82%
Non-Agency ARMs 0.31%
SUBTOTAL 2.45%
Emerging Markets - Corporate Bonds
Industrial
Basic 0.54%
Energy 0.28%
Consumer Non-Cyclical 0.23%
Consumer Cyclical - Retailers 0.18%
Other Industrial 0.13%
SUBTOTAL 1.36%
Financial Institutions
Banking 0.63%
Other Finance 0.22%
SUBTOTAL 0.85%
SUBTOTAL 2.21%
Emerging Markets - Treasuries 2.10%
Bank Loans
Industrial
Communications - Media 0.44%
Capital Goods 0.20%
Technology 0.18%
Basic 0.15%
Consumer Cyclical - Automotive 0.14%
Consumer Cyclical - Other 0.11%
Services 0.09%
Consumer Cyclical - Retailers 0.08%
Energy 0.06%
Consumer Non-Cyclical 0.03%
SUBTOTAL 1.48%
Financial Institutions
Finance 0.11%
REITS 0.10%
SUBTOTAL 0.21%
Utility
Electric 0.18%
SUBTOTAL 0.18%
SUBTOTAL 1.87%
Asset-Backed Securities
Home Equity Loans - Fixed Rate 1.18%
Home Equity Loans - Floating Rate 0.27%
SUBTOTAL 1.45%
Supranationals 0.57%
Local Governments - Regional Bonds 0.42%
Common Stocks 0.35%
Inflation-Linked Securities 0.34%
Local Governments - Municipal Bonds 0.30%
Preferred Stocks
Financial Institutions 0.20%
SUBTOTAL 0.20%
Options Purchased - Calls
Swaptions 0.01%
SUBTOTAL 0.01%
Short-Term Investments
Investment Companies 1.07%
Total Fixed Income 100.00%
Country Breakdown
Portfolio %
United States 54.97%
Russia 6.14%
Brazil 4.68%
Indonesia 2.87%
Colombia 2.76%
United Kingdom 2.00%
Argentina 1.96%
Kazakhstan 1.76%
Philippines 1.71%
Ukraine 1.70%
Turkey 1.61%
Uruguay 1.39%
South Africa 1.38%
Canada 1.06%
Dominican Republic 1.04%
El Salvador 1.04%
Netherlands 0.94%
Venezuela 0.84%
Hungary 0.83%
Ireland 0.79%
Peru 0.76%
Panama 0.60%
Germany 0.59%
Croatia 0.58%
Supranational 0.57%
Italy 0.46%
Lithuania 0.43%
Egypt 0.38%
Hong Kong 0.34%
Barbados 0.33%
India 0.33%
Ghana 0.32%
Luxembourg 0.30%
Iceland 0.28%
China 0.25%
France 0.24%
Greece 0.23%
Switzerland 0.23%
Gabon 0.21%
Czech Republic 0.20%
Trinidad & Tobago 0.14%
Serbia & Montenegro 0.13%
Sweden 0.12%
Australia 0.11%
Norway 0.11%
Japan 0.09%
Poland 0.08%
Jamaica 0.04%
Denmark 0.04%
Singapore 0.04%
Total Investments 100.00%
Credit Quality Breakdown
Portfolio %
AAA 5.73%
AA 1.39%
A 4.06%
BBB 21.35%
BB 26.40%
B 28.17%
CCC 11.12%
CC 0.24%
D 0.08%
A-1+ 1.09%
N/R 0.37%
Total Investments 100.00%
Portfolio Statistics:
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 15.98%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 15.98%
Average Maturity: 8.72 Years
Effective Duration: 5.60 Years
Total Net Assets: $1,254.6
Net Asset Value: $14.73
Number of Holdings: 735
* 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.
SOURCE AllianceBernstein Global High Income Fund, Inc.
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