AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, March 26 /PRNewswire-FirstCall/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of February 28, 2010.
AllianceBernstein Global High Income Fund As of: 2/28/2010 Top 10 Fixed-Income Holdings Portfolio % 1)Republic of Brazil 12.50%, 1/05/16 - 1/05/22 2.65% 2)RSHB Capital SA for OJSC Russian 1.43% Agricultural Bank 7.75%, 5/29/18 3)Republic of Colombia 7.375%, 1/27/17 - 1.27% 9/18/37 4)Argentina Bonos 7.00%, 10/03/15 1.21% 5)Republic of Philippines 9.875%, 1/15/19 1.14% 6)Citibank Omni Master Trust Series 2009-A14A, 1.03% Class A14 2.982%, 8/15/18 7)RSHB Capital SA for OJSC Russian 1.02% Agricultural Bank 6.299%, 5/15/17 8)Republic of Indonesia 6.875%, 1/17/18 0.99% 9)Republic of Colombia 12.00%, 10/22/15 0.93% 10)Gaz Capital SA 6.51%, 3/07/22 0.93% Security Type Breakdown Portfolio % Corporates - Non-Investment Grades: Industrial: Basic 4.80% Consumer Non-Cyclical 4.27% Consumer Cyclical - Other 3.52% Communications - Media 3.00% Capital Goods 2.89% Energy 2.60% Communications - Telecommunications 2.46% Technology 2.41% Consumer Cyclical - Retailers 2.20% Consumer Cyclical - Automotive 1.47% Services 1.13% Other Industrial 0.58% Transportation - Services 0.57% Transportation - Airlines 0.31% Consumer Cyclical - Restaurants 0.22% Consumer Cyclical - Entertainment 0.16% Transportation - Railroads 0.12% SUBTOTAL 32.71% Financial Institutions: Banking 1.94% Insurance 1.12% Finance 1.10% Brokerage 0.35% Other Finance 0.32% SUBTOTAL 4.83% Utility: Electric 2.04% Natural Gas 0.58% SUBTOTAL 2.62% Credit Default Index Holdings: DJ CDX.NA.HY-100 0.86% SUBTOTAL 0.86% SUBTOTAL 41.02% Emerging Markets - Sovereigns 16.10% Corporates - Investment Grades: Financial Institutions: Banking 2.21% Insurance 1.07% Finance 0.37% Other Finance 0.26% SUBTOTAL 3.91% Industrial: Basic 1.33% Energy 0.56% Other Industrial 0.35% Communications - Telecommunications 0.32% Capital Goods 0.28% Consumer Non-Cyclical 0.18% Technology 0.18% Services 0.17% Consumer Cyclical - Retailers 0.02% SUBTOTAL 3.39% Non Corporate Sectors: Agencies - Not Government Guaranteed 2.53% SUBTOTAL 2.53% Utility: Electric 0.29% SUBTOTAL 0.29% SUBTOTAL 10.12% Commercial Mortgage-Backed Securities: Non-Agency Fixed Rate CMBS 6.38% Non-Agency Floating Rate CMBS 0.10% SUBTOTAL 6.48% Quasi-Sovereigns: Quasi-Sovereign Bonds 5.94% Governments - Sovereign Bonds 4.66% Governments - Treasuries: Treasuries 4.50% Bank Loans: Industrial: Communications - Media 0.45% Capital Goods 0.39% Technology 0.27% Consumer Cyclical - Automotive 0.22% Consumer Non-Cyclical 0.18% Basic 0.18% Services 0.16% Consumer Cyclical - Other 0.13% Consumer Cyclical - Retailers 0.13% Energy 0.07% Other Industrial 0.02% SUBTOTAL 2.20% Financial Institutions: Finance 0.22% REITS 0.12% Insurance 0.02% SUBTOTAL 0.36% Utility: Electric 0.21% SUBTOTAL 0.21% SUBTOTAL 2.77% Emerging Markets - Corporate Bonds: Industrial: Basic 0.35% Communications - Media 0.22% Consumer Cyclical - Retailers 0.17% Energy 0.14% Consumer Non-Cyclical 0.11% Consumer Cyclical - Other 0.04% SUBTOTAL 1.03% Financial Institutions: Banking 0.72% Other Finance 0.23% SUBTOTAL 0.95% SUBTOTAL 1.98% Emerging Markets - Treasuries 1.54% Asset-Backed Securities: Credit Cards - Floating Rate 1.04% Home Equity Loans - Floating Rate 0.19% SUBTOTAL 1.23% CMOs: Non-Agency Floating Rate 0.47% Non-Agency ARMS 0.33% SUBTOTAL 0.80% Equities: Common Stock 0.41% Warrants 0.09% SUBTOTAL 0.50% Local Governments - Regional Bonds 0.33% Inflation-Linked Securities 0.32% Supranationals 0.14% Governments - Sovereign Agencies 0.10% Preferred Stocks: Financial Institutions 0.06% Non Corporate Sectors 0.01% SUBTOTAL 0.07% Short-Term Investments: Investment Companies 1.40% Total 100.00% Country Breakdown Portfolio % United States 50.09% Russia 9.29% Brazil 6.55% Indonesia 3.63% Colombia 2.95% Kazakhstan 2.05% Venezuela 2.01% United Kingdom 1.73% Philippines 1.71% Argentina 1.66% Turkey 1.52% Ukraine 1.43% Uruguay 1.32% Peru 1.28% El Salvador 1.11% Canada 1.08% Dominican Republic 1.02% South Africa 1.02% Hungary 1.00% Panama 0.96% Netherlands 0.58% France 0.46% Lithuania 0.45% Germany 0.41% Ireland 0.38% India 0.36% Hong Kong 0.35% Japan 0.31% Iceland 0.31% Croatia 0.27% Barbados 0.22% Gabon 0.21% Bermuda 0.21% Ghana 0.18% Switzerland 0.17% Italy 0.16% Trinidad And Tobago 0.15% Egypt 0.14% Luxembourg 0.14% Singapore 0.14% Supranational 0.14% Serbia & Montenegro 0.14% Cayman Islands 0.14% Norway 0.12% Czech Republic 0.11% Australia 0.10% Poland 0.09% Nigeria 0.08% Denmark 0.04% Costa Rica 0.02% Belgium 0.01% Total 100.00% Credit Quality Breakdown Portfolio % AAA 7.35% AA 0.38% A 2.90% BBB 25.34% BB 28.38% B 23.69% CCC 9.74% CC 0.37% C 0.07% D 0.38% A-1+ 1.40% Total Investments 100.00% Portfolio Statistics: Percentage of Leverage: Bank Borrowing: 0.00% Investment Operations: 10.92%* Preferred Stock: 0.00% Tender Option Bonds: 0.00% Term Asset-Backed Loans Facility (TALF): .87% Total Fund Leverage: 11.79% Avg. Maturity: 8.62 Years Effective Duration: 5.53 Years Total Net Assets: $1,188.2 Million Net Asset Value: $13.95 Number of Holdings: 679 * 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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