AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update

AllianceBernstein Global High Income Fund, Inc.

Top 10 Fixed Income Holdings

Portfolio %

1) Republic of Brazil  12.50%, 1/05/16 - 1/05/22

1.86%

2) Republic of Argentina  7.00%, 10/03/15

1.28%

3) Republic of Colombia  12.00%, 10/22/15

0.94%

4) Gazprom Via Gaz Capital SA  6.51%, 3/07/22

0.91%

5) RSHB Capital SA for OJSC Russian Agricultural Bank  7.75%, 5/29/18

0.88%

6) South Africa Government Bond Series R203  8.25%, 9/15/17

0.85%

7) Dominican Republic International Bond 8.625%, 4/20/27

0.66%

8) Merrill Lynch/Countrywide Commercial Mortgage Trust Series 2006-4, Class AM 5.204%, 12/12/49

0.65%

9) Turkey Government Bond 11.00%, 8/06/14

0.64%

10) Banc of America Commercial Mortgage, Inc. Series 2007-5, Class A4 5.492%, 2/10/51

0.62%

Fixed Income Holdings by Security Type

Portfolio %

Corporates - Non-Investment Grades

 Industrial

    Basic

5.65%

    Consumer Non-Cyclical

5.61%

    Communications - Media

5.11%

    Capital Goods

4.52%

    Consumer Cyclical - Other

4.43%

    Energy

3.79%

    Communications - Telecommunications

3.07%

    Technology

2.79%

    Consumer Cyclical - Retailers

2.20%

    Consumer Cyclical - Automotive

1.98%

    Other Industrial

1.38%

    Services

1.34%

    Transportation - Services

1.09%

    Consumer Cyclical - Entertainment

1.05%

    Consumer Cyclical - Restaurants

0.56%

    Transportation - Airlines

0.56%

 SUBTOTAL

45.13%

 Financial Institutions

    Banking

1.47%

    Finance

1.13%

    Insurance

0.93%

    Other Finance

0.53%

    Brokerage

0.35%

    REITS

0.31%

 SUBTOTAL

4.72%

 Utility

    Electric

2.24%

    Natural Gas

0.53%

 SUBTOTAL

2.77%

 Credit Default Index Holdings

    DJ CDX.NA.HY-100

0.41%

 SUBTOTAL

0.41%

 Non Corporate Sectors

    Foreign Local Government - Municipal

0.14%

 SUBTOTAL

0.14%

SUBTOTAL

53.17%

Corporates - Investment Grades

 Financial Institutions

    Banking

2.68%

    Insurance

1.70%

    Finance

0.39%

    Other Finance

0.23%

    REITS

0.15%

    Brokerage

0.05%

 SUBTOTAL

5.20%

 Industrial

    Basic

1.10%

    Energy

0.80%

    Other Industrial

0.35%

    Capital Goods

0.23%

    Transportation - Services

0.18%

    Communications - Telecommunications

0.17%

    Technology

0.17%

    Services

0.15%

    Consumer Cyclical - Retailers

0.14%

    Consumer Non-Cyclical

0.14%

    Transportation - Airlines

0.08%

 SUBTOTAL

3.51%

 Non Corporate Sectors

    Agencies - Not Government Guaranteed

1.84%

 SUBTOTAL

1.84%

 Utility

    Electric

0.19%

 SUBTOTAL

0.19%

SUBTOTAL

10.74%

Commercial Mortgage-Backed Securities

 Non-Agency Fixed Rate CMBS

7.48%

SUBTOTAL

7.48%

Emerging Markets - Sovereigns

5.30%

Governments - Treasuries

 Treasuries

4.40%

SUBTOTAL

4.40%

Quasi-Sovereigns

 Quasi-Sovereign Bonds

3.42%

SUBTOTAL

3.42%

Emerging Markets - Treasuries

3.20%

Bank Loans

 Industrial

    Communications - Media

0.43%

    Consumer Cyclical - Other

0.31%

    Communications - Telecommunications

0.21%

    Capital Goods

0.19%

    Basic

0.16%

    Energy

0.15%

    Consumer Cyclical - Automotive

0.14%

    Consumer Cyclical - Entertainment

0.14%

    Services

0.13%

    Consumer Cyclical - Retailers

0.09%

    Technology

0.09%

    Consumer Non-Cyclical

0.03%

    Consumer Cyclical - Restaurants

0.02%

    Transportation - Services

0.02%

 SUBTOTAL

2.11%

 Financial Institutions

    Finance

0.11%

    REITS

0.10%

 SUBTOTAL

0.21%

 Utility

    Electric

0.18%

 SUBTOTAL

0.18%

SUBTOTAL

2.50%

Emerging Markets - Corporate Bonds

 Industrial

    Consumer Non-Cyclical

0.44%

    Basic

0.29%

    Consumer Cyclical - Retailers

0.23%

    Communications - Telecommunications

0.20%

    Other Industrial

0.15%

    Energy

0.14%

    Technology

0.11%

    Consumer Cyclical - Other

0.08%

 SUBTOTAL

1.64%

 Financial Institutions

    Banking

0.60%

    Other Finance

0.23%

 SUBTOTAL

0.83%

SUBTOTAL

2.47%

CMOs

 Non-Agency Fixed Rate

1.26%

 Non-Agency Floating Rate

0.79%

 Non-Agency ARMs

0.23%

SUBTOTAL

2.28%

Governments - Sovereign Bonds

1.46%

Asset-Backed Securities

 Home Equity Loans - Fixed Rate

0.91%

 Home Equity Loans - Floating Rate

0.30%

SUBTOTAL

1.21%

Supranationals

0.58%

Local Governments - Regional Bonds

0.56%

Preferred Stocks

 Financial Institutions

0.40%

 Industrial

0.13%

SUBTOTAL

0.53%

Inflation-Linked Securities

0.35%

Local Governments - Municipal Bonds

0.33%

Common Stocks

0.02%

Total Fixed Income

100.00%

Country Breakdown

Portfolio %

United States

60.34%

Russia

5.55%

Brazil

4.08%

Argentina

2.75%

United Kingdom

2.24%

South Africa

1.65%

Netherlands

1.60%

Colombia

1.57%

Ukraine

1.31%

Turkey

1.30%

Kazakhstan

1.14%

El Salvador

1.01%

Ireland

0.95%

Germany

0.92%

Canada

0.89%

Dominican Republic

0.88%

Hungary

0.85%

France

0.84%

Italy

0.74%

Indonesia

0.69%

Hong Kong

0.63%

Supranational

0.58%

Switzerland

0.55%

Croatia

0.54%

India

0.51%

Peru

0.47%

Luxembourg

0.43%

China

0.41%

Uruguay

0.35%

Barbados

0.33%

Ghana

0.32%

Iceland

0.30%

Egypt

0.27%

Greece

0.24%

Venezuela

0.23%

Spain

0.23%

Czech Republic

0.22%

Chile

0.21%

Australia

0.21%

New Zealand

0.19%

Cote D'Ivoire

0.19%

Poland

0.17%

Trinidad & Tobago

0.14%

Sweden

0.13%

Philippines

0.13%

Lithuania

0.12%

Panama

0.10%

Japan

0.09%

Austria

0.09%

Norway

0.09%

Serbia & Montenegro

0.07%

Jamaica

0.04%

Denmark

0.04%

Bermuda

0.04%

Singapore

0.04%

Total Investments

100.00%

Credit Quality Breakdown

Portfolio %

  AAA

5.84%

  AA

1.75%

  A

5.17%

  BBB

18.76%

  BB

22.84%

  B

32.22%

  CCC

12.36%

  CC

0.19%

  C

0.08%

  D

0.10%

  Not Rated

0.69%

  Total Investments

100.00%

Portfolio Statistics:

  Percentage of Leverage:

    Bank Borrowing:

0.00%

    Investment Operations:

14.46%*

    Preferred Stock:

0.00%

    Tender Option Bonds:

0.00%

    Term Asset-Backed Loans Facility (TALF):

0.00%

    Total Fund Leverage:

14.46%

    Average Maturity:

7.32 Years

    Effective Duration:

4.91 Years

    Total Net Assets:

$1,299.07 Million

    Net Asset Value:

$15.25

    Number of Holdings:

809