AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, June 28, 2011 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.(NYSE: AWF) (the "Fund") today released its monthly portfolio update as of May 31, 2011.
AllianceBernstein Global High Income Fund, Inc. |
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Top 10 Fixed Income Holdings |
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Portfolio % |
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1) |
Republic of Brazil 12.50%, 1/05/16 - 1/05/22 |
1.85% |
|
2) |
Argentina Bonos 7.00%, 10/03/15 |
1.26% |
|
3) |
Russian Agricultural Bank OJSC Via RSHB Capital |
0.90% |
|
SA 7.75%, 5/29/18 |
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4) |
Gazprom OAO Via Gaz Capital SA 6.51%, 3/07/22 |
0.83% |
|
5) |
Dominican Republic International Bond 8.625%, |
0.63% |
|
4/20/27 |
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6) |
South Africa Government Bond Series R203 8.25%, |
0.61% |
|
9/15/17 |
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7) |
Russian Agricultural Bank OJSC Via RSHB Capital |
0.59% |
|
SA 6.299%, 5/15/17 |
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8) |
South Africa Government Bond Series R207 7.25%, |
0.57% |
|
1/15/20 |
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9) |
Argentina Bonos Series X 7.00%, 4/17/17 |
0.55% |
|
10) |
Gazprom OAO Via Gaz Capital SA 9.25%, 4/23/19 |
0.55% |
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Fixed Income Holdings by Security Type |
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Portfolio % |
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Corporates - Non-Investment Grades |
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Industrial |
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Consumer Non-Cyclical |
6.05% |
|
Capital Goods |
5.02% |
|
Basic |
4.94% |
|
Consumer Cyclical - Other |
4.66% |
|
Energy |
4.63% |
|
Communications - Media |
4.58% |
|
Communications - Telecommunications |
3.58% |
|
Technology |
3.20% |
|
Consumer Cyclical - Automotive |
2.32% |
|
Consumer Cyclical - Retailers |
1.76% |
|
Other Industrial |
1.53% |
|
Services |
0.94% |
|
Consumer Cyclical - Entertainment |
0.88% |
|
Transportation - Services |
0.84% |
|
Transportation - Airlines |
0.74% |
|
Consumer Cyclical - Restaurants |
0.53% |
|
Transportation - Railroads |
0.03% |
|
SUBTOTAL |
46.23% |
|
Financial Institutions |
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Banking |
1.64% |
|
Finance |
1.20% |
|
Insurance |
1.13% |
|
Other Finance |
0.68% |
|
Brokerage |
0.49% |
|
REITS |
0.43% |
|
SUBTOTAL |
5.57% |
|
Utility |
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Electric |
2.03% |
|
Natural Gas |
0.83% |
|
SUBTOTAL |
2.86% |
|
SUBTOTAL |
54.66% |
|
Corporates - Investment Grades |
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Financial Institutions |
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Banking |
2.95% |
|
Insurance |
2.51% |
|
Other Finance |
0.43% |
|
Finance |
0.29% |
|
REITS |
0.15% |
|
Brokerage |
0.09% |
|
SUBTOTAL |
6.42% |
|
Industrial |
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Basic |
1.20% |
|
Other Industrial |
0.29% |
|
Energy |
0.18% |
|
Technology |
0.18% |
|
Communications - Telecommunications |
0.17% |
|
Capital Goods |
0.15% |
|
Consumer Cyclical - Retailers |
0.15% |
|
Consumer Non-Cyclical |
0.07% |
|
Transportation - Airlines |
0.07% |
|
SUBTOTAL |
2.46% |
|
Non Corporate Sectors |
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Agencies - Not Government Guaranteed |
1.70% |
|
SUBTOTAL |
1.70% |
|
Utility |
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Electric |
0.18% |
|
SUBTOTAL |
0.18% |
|
SUBTOTAL |
10.76% |
|
Emerging Markets - Sovereigns |
5.02% |
|
Governments - Treasuries |
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Treasuries |
4.76% |
|
SUBTOTAL |
4.76% |
|
Emerging Markets - Corporate Bonds |
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Industrial |
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Basic |
0.52% |
|
Consumer Non-Cyclical |
0.45% |
|
Energy |
0.43% |
|
Communications - Media |
0.34% |
|
Capital Goods |
0.18% |
|
Other Industrial |
0.18% |
|
Transportation - Services |
0.13% |
|
Technology |
0.11% |
|
Consumer Cyclical - Other |
0.09% |
|
Consumer Cyclical - Retailers |
0.09% |
|
SUBTOTAL |
2.52% |
|
Financial Institutions |
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Banking |
0.84% |
|
Other Finance |
0.14% |
|
SUBTOTAL |
0.98% |
|
SUBTOTAL |
3.50% |
|
CMOs |
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Non-Agency Floating Rate |
1.89% |
|
Non-Agency Fixed Rate |
1.25% |
|
Non-Agency ARMs |
0.11% |
|
SUBTOTAL |
3.25% |
|
Bank Loans |
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Industrial |
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Communications - Media |
0.70% |
|
Consumer Non-Cyclical |
0.41% |
|
Capital Goods |
0.36% |
|
Communications - Telecommunications |
0.24% |
|
Consumer Cyclical - Other |
0.17% |
|
Services |
0.15% |
|
Consumer Cyclical - Automotive |
0.14% |
|
Consumer Cyclical - Entertainment |
0.13% |
|
Consumer Cyclical - Retailers |
0.10% |
|
Energy |
0.09% |
|
Technology |
0.09% |
|
Basic |
0.04% |
|
Other Industrial |
0.03% |
|
Transportation - Services |
0.01% |
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SUBTOTAL |
2.66% |
|
Financial Institutions |
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Finance |
0.22% |
|
SUBTOTAL |
0.22% |
|
Utility |
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Electric |
0.18% |
|
SUBTOTAL |
0.18% |
|
SUBTOTAL |
3.06% |
|
Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
2.87% |
|
SUBTOTAL |
2.87% |
|
Commercial Mortgage-Backed Securities |
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Non-Agency Fixed Rate CMBS |
2.38% |
|
Non-Agency Floating Rate CMBS |
0.04% |
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SUBTOTAL |
2.42% |
|
Local Governments - Municipal Bonds |
1.79% |
|
Emerging Markets - Treasuries |
1.77% |
|
Governments - Sovereign Bonds |
1.46% |
|
Asset-Backed Securities |
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Home Equity Loans - Fixed Rate |
0.87% |
|
Home Equity Loans - Floating Rate |
0.26% |
|
Other ABS - Fixed Rate |
0.03% |
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SUBTOTAL |
1.16% |
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Preferred Stocks |
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Financial Institutions |
0.67% |
|
Industrial |
0.12% |
|
Non Corporate Sectors |
0.02% |
|
SUBTOTAL |
0.81% |
|
Supranationals |
0.59% |
|
Local Governments - Regional Bonds |
0.52% |
|
Inflation-Linked Securities |
0.39% |
|
Common Stocks |
0.16% |
|
Governments - Sovereign Agencies |
0.09% |
|
Warrants |
0.03% |
|
Short-Term Investments |
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Investment Companies |
0.93% |
|
Total Fixed Income |
100.00% |
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Country Breakdown |
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Portfolio % |
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United States |
59.94% |
|
Russia |
4.91% |
|
Brazil |
4.46% |
|
United Kingdom |
2.80% |
|
Argentina |
2.66% |
|
South Africa |
1.65% |
|
Netherlands |
1.60% |
|
Ireland |
1.26% |
|
Germany |
1.23% |
|
Ukraine |
1.13% |
|
Luxembourg |
1.10% |
|
Dominican Republic |
1.06% |
|
Canada |
0.95% |
|
Kazakhstan |
0.85% |
|
Hungary |
0.77% |
|
El Salvador |
0.74% |
|
Italy |
0.71% |
|
Switzerland |
0.70% |
|
Indonesia |
0.69% |
|
France |
0.66% |
|
China |
0.65% |
|
Supranational |
0.59% |
|
Colombia |
0.58% |
|
Hong Kong |
0.55% |
|
India |
0.55% |
|
Croatia |
0.53% |
|
Spain |
0.52% |
|
Peru |
0.50% |
|
Turkey |
0.41% |
|
Uruguay |
0.39% |
|
Japan |
0.36% |
|
Cote D'Ivoire |
0.35% |
|
Chile |
0.35% |
|
Philippines |
0.34% |
|
Australia |
0.33% |
|
Barbados |
0.32% |
|
Iceland |
0.31% |
|
United Arab Emirates |
0.24% |
|
Ghana |
0.23% |
|
Greece |
0.22% |
|
New Zealand |
0.21% |
|
Poland |
0.20% |
|
Egypt |
0.18% |
|
Mexico |
0.18% |
|
Trinidad & Tobago |
0.14% |
|
Czech Republic |
0.13% |
|
Lithuania |
0.12% |
|
Panama |
0.10% |
|
Austria |
0.10% |
|
Norway |
0.08% |
|
Jamaica |
0.08% |
|
Bermuda |
0.07% |
|
Denmark |
0.07% |
|
Serbia & Montenegro |
0.07% |
|
Cayman Islands |
0.04% |
|
Singapore |
0.04% |
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Total Investments |
100.00% |
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Net Currency Exposure Breakdown |
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Portfolio % |
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United States Dollar |
89.39% |
|
Swedish Krona |
1.66% |
|
Norwegian Krone |
1.52% |
|
Brazilian Real |
1.33% |
|
Indonesian Rupiah |
1.31% |
|
Chinese Yuan Renminbi |
1.27% |
|
Singapore Dollar |
1.04% |
|
Mexican Peso |
1.03% |
|
South Korean Won |
1.02% |
|
Colombian Peso |
0.50% |
|
Malaysian Ringgit |
0.50% |
|
South African Rand |
0.48% |
|
Dominican Peso |
0.47% |
|
New Turkish Lira |
0.45% |
|
Uruguayan Peso |
0.43% |
|
Russian Rubles |
0.29% |
|
Ukraine Hryvnia |
0.29% |
|
Chilean Peso |
0.24% |
|
Philippine Peso |
0.24% |
|
Egypt Pound |
0.20% |
|
Hungarian Forint |
0.06% |
|
Canadian Dollar |
0.01% |
|
Australian Dollar |
0.01% |
|
New Zealand Dollar |
-0.28% |
|
Swiss Franc |
-0.51% |
|
Japanese Yen |
-0.98% |
|
Euro Dollar |
-1.97% |
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Total Investments |
100.00% |
|
Credit Quality Breakdown |
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Portfolio % |
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AAA |
1.24% |
|
AA |
1.46% |
|
A |
5.76% |
|
BBB |
18.40% |
|
BB |
24.57% |
|
B |
34.42% |
|
CCC |
9.98% |
|
CC |
0.39% |
|
D |
0.03% |
|
Short Term Investments |
0.94% |
|
Not Rated |
2.81% |
|
Total Investments |
100.00% |
|
Portfolio Statistics: |
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Average Coupon: |
8.00 |
|
Average Bond Price : |
98.15 |
|
Percentage of Leverage: |
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Bank Borrowing: |
0.00% |
|
Investment Operations: |
12.03%* |
|
Preferred Stock: |
0.00% |
|
Tender Option Bonds: |
0.00% |
|
Term Asset-Backed Loans Facility (TALF): |
0.00% |
|
Total Fund Leverage: |
12.03% |
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Average Maturity: |
7.39 Years |
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Effective Duration: |
5.17 Years |
|
Total Net Assets: |
$1,333.82 Million |
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Net Asset Value: |
$15.66 |
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Number of Holdings: |
896 |
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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.
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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