AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
NEW YORK, Jan. 23, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of December 31, 2023.
AllianceBernstein Global High Income Fund, Inc. |
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Top 10 Fixed-Income Holdings |
Portfolio % |
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1) U.S. Treasury Notes 2.25%, 02/15/27 |
1.07 % |
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2) CCO Holdings 4.50%, 08/15/30 - 06/01/33 |
0.69 % |
|
3) CCO Holdings 4.75%, 02/01/32 |
0.65 % |
|
4) Dominican Republic Intl Bond 8.625%, 04/20/27 |
0.62 % |
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5) Sirius XM Radio, Inc. 4.00%, 07/15/28 |
0.59 % |
|
6) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 |
0.53 % |
|
7) AMMC CLO 25 Ltd. 12.984%, 04/15/35 |
0.51 % |
|
8) Palmer Square CLO Ltd. 11.805%, 01/15/35 |
0.42 % |
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9) Altice France SA/France 5.125%, 07/15/29 |
0.42 % |
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10) Carnival Holdings Bermuda 10.375%, 05/01/28 |
0.40 % |
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Investment Type |
Portfolio % |
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Corporates - Non-Investment Grade |
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Industrial |
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Communications - Media |
7.28 % |
|
Consumer Non-Cyclical |
6.68 % |
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Energy |
6.36 % |
|
Capital Goods |
4.47 % |
|
Services |
3.18 % |
|
Basic |
3.17 % |
|
Consumer Cyclical - Other |
3.02 % |
|
Consumer Cyclical - Entertainment |
2.70 % |
|
Communications - Telecommunications |
2.68 % |
|
Technology |
2.63 % |
|
Consumer Cyclical - Retailers |
2.48 % |
|
Consumer Cyclical - Automotive |
2.46 % |
|
Transportation - Services |
1.07 % |
|
Transportation - Airlines |
0.91 % |
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Consumer Cyclical - Restaurants |
0.38 % |
|
Other Industrial |
0.31 % |
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SUBTOTAL |
49.78 % |
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Credit Default Swaps |
16.19 % |
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Financial Institutions |
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Finance |
2.43 % |
|
REITs |
1.13 % |
|
Brokerage |
0.95 % |
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Insurance |
0.51 % |
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Other Finance |
0.35 % |
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Banking |
0.28 % |
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SUBTOTAL |
5.65 % |
|
Utility |
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Electric |
0.45 % |
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Other Utility |
0.15 % |
|
Natural Gas |
0.03 % |
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SUBTOTAL |
0.63 % |
|
SUBTOTAL |
72.25 % |
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Corporates - Investment Grade |
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Industrial |
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Consumer Cyclical - Automotive |
2.24 % |
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Energy |
2.08 % |
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Consumer Non-Cyclical |
1.26 % |
|
Basic |
1.04 % |
|
Consumer Cyclical - Other |
0.86 % |
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Communications - Media |
0.65 % |
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Transportation - Airlines |
0.30 % |
|
Consumer Cyclical - Retailers |
0.23 % |
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Consumer Cyclical - Entertainment |
0.21 % |
|
Services |
0.19 % |
|
Communications - Telecommunications |
0.18 % |
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Capital Goods |
0.14 % |
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Technology |
0.13 % |
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Other Industrial |
0.10 % |
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Transportation - Services |
0.10 % |
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Transportation - Railroads |
0.04 % |
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SUBTOTAL |
9.75 % |
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Financial Institutions |
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Banking |
6.26 % |
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Insurance |
1.17 % |
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Finance |
1.13 % |
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REITs |
0.19 % |
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Brokerage |
0.11 % |
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SUBTOTAL |
8.86 % |
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Utility |
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Electric |
0.59 % |
|
SUBTOTAL |
0.59 % |
|
SUBTOTAL |
19.20 % |
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Interest Rate Futures |
9.63 % |
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Emerging Markets - Corporate Bonds |
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Industrial |
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Basic |
1.13 % |
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Consumer Cyclical - Other |
1.08 % |
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Consumer Non-Cyclical |
0.83 % |
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Energy |
0.67 % |
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Capital Goods |
0.26 % |
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Technology |
0.20 % |
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Communications - Media |
0.15 % |
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Communications - Telecommunications |
0.13 % |
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Consumer Cyclical - Retailers |
0.09 % |
|
Services |
0.04 % |
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Transportation - Services |
0.02 % |
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SUBTOTAL |
4.60 % |
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Utility |
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Electric |
0.36 % |
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SUBTOTAL |
0.36 % |
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Financial Institutions |
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Banking |
0.14 % |
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Other Finance |
0.02 % |
|
SUBTOTAL |
0.16 % |
|
SUBTOTAL |
5.12 % |
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Collateralized Loan Obligations |
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CLO - Floating Rate |
4.21 % |
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SUBTOTAL |
4.21 % |
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Bank Loans |
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Industrial |
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Communications - Telecommunications |
0.68 % |
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Technology |
0.68 % |
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Consumer Non-Cyclical |
0.54 % |
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Energy |
0.37 % |
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Capital Goods |
0.32 % |
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Communications - Media |
0.24 % |
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Other Industrial |
0.22 % |
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Consumer Cyclical - Automotive |
0.09 % |
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Consumer Cyclical - Retailers |
0.05 % |
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Consumer Cyclical - Restaurants |
0.02 % |
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SUBTOTAL |
3.21 % |
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Financial Institutions |
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Insurance |
0.17 % |
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Finance |
0.02 % |
|
SUBTOTAL |
0.19 % |
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Utility |
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Electric |
0.18 % |
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SUBTOTAL |
0.18 % |
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SUBTOTAL |
3.58 % |
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Collateralized Mortgage Obligations |
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Risk Share Floating Rate |
2.42 % |
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Non-Agency Fixed Rate |
0.34 % |
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Non-Agency Floating Rate |
0.30 % |
|
Agency Fixed Rate |
0.25 % |
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SUBTOTAL |
3.31 % |
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Emerging Markets - Sovereigns |
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Emerging Markets - Sovereigns |
2.30 % |
|
Credit Default Swaps |
0.27 % |
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SUBTOTAL |
2.57 % |
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Commercial Mortgage-Backed Securities |
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Credit Default Swaps |
1.30 % |
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Non-Agency Fixed Rate CMBS |
0.46 % |
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Non-Agency Floating Rate CMBS |
0.03 % |
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SUBTOTAL |
1.79 % |
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U.S. Govt & Agency Securities |
1.67 % |
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Total Return Swaps |
1.12 % |
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Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
0.82 % |
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SUBTOTAL |
0.82 % |
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Common Stocks |
0.50 % |
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Local Governments - US Municipal Bonds |
0.42 % |
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Inflation-Linked Securities |
0.22 % |
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EM Government Agencies |
0.13 % |
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Preferred Stocks |
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Industrials |
0.10 % |
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SUBTOTAL |
0.10 % |
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Asset-Backed Securities |
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Autos - Fixed Rate |
0.08 % |
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Other ABS - Floating Rate |
0.01 % |
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SUBTOTAL |
0.09 % |
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Forward Currency Exchange Contracts |
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Currency Instruments |
-0.20 % |
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SUBTOTAL |
-0.20 % |
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Reverse Repurchase Agreements |
-0.84 % |
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Cash & Cash Equivalents |
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Funds and Investment Trusts |
1.33 % |
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Cash |
0.22 % |
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SUBTOTAL |
1.55 % |
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Derivative Offsets |
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Futures Offsets |
-9.34 % |
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Swap Offsets |
-17.90 % |
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SUBTOTAL |
-27.24 % |
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TOTAL |
100.00 % |
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Country Breakdown |
Portfolio % |
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United States |
70.68 % |
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United Kingdom |
3.79 % |
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France |
2.36 % |
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Germany |
2.13 % |
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Canada |
1.86 % |
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Spain |
1.35 % |
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Luxembourg |
1.31 % |
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Brazil |
1.28 % |
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Mexico |
1.09 % |
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Italy |
1.00 % |
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Colombia |
0.98 % |
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India |
0.80 % |
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Australia |
0.78 % |
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China |
0.63 % |
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Dominican Republic |
0.62 % |
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Nigeria |
0.60 % |
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Macau |
0.57 % |
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Hong Kong |
0.53 % |
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Switzerland |
0.52 % |
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Israel |
0.49 % |
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Netherlands |
0.47 % |
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South Africa |
0.33 % |
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Finland |
0.32 % |
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Angola |
0.31 % |
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Kazakhstan |
0.30 % |
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Norway |
0.30 % |
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Turkey |
0.30 % |
|
Peru |
0.29 % |
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Ireland |
0.28 % |
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El Salvador |
0.20 % |
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Chile |
0.19 % |
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Ukraine |
0.18 % |
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Zambia |
0.18 % |
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Egypt |
0.17 % |
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Japan |
0.17 % |
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Argentina |
0.16 % |
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Slovenia |
0.16 % |
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Guatemala |
0.15 % |
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Indonesia |
0.14 % |
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Czech Republic |
0.12 % |
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Venezuela |
0.11 % |
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Sweden |
0.10 % |
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Jamaica |
0.06 % |
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Jersey (Channel Islands) |
0.06 % |
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Ghana |
0.05 % |
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Panama |
0.05 % |
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Senegal |
0.05 % |
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Kuwait |
0.04 % |
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Malaysia |
0.02 % |
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Trinidad and Tobago |
0.02 % |
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Ecuador |
0.01 % |
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Cash & Cash Equivalents |
1.34 % |
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Total Investments |
100.00 % |
|
Net Currency Exposure Breakdown |
Portfolio % |
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US Dollar |
100.26 % |
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Canadian Dollar |
0.19 % |
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Pound Sterling |
0.07 % |
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Indonesian Rupiah |
0.01 % |
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Indian Rupee |
0.01 % |
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Japanese Yen |
0.01 % |
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Norwegian Krone |
0.01 % |
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Swiss Franc |
-0.01 % |
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Czech Koruna |
-0.01 % |
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Hungarian Forint |
-0.01 % |
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Peruvian Sol |
-0.01 % |
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Swedish Krona |
-0.01 % |
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Colombian Peso |
-0.14 % |
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Euro |
-0.37 % |
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Total Net Assets |
100.00 % |
|
Credit Rating |
Portfolio % |
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AAA |
1.77 % |
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AA |
0.59 % |
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A |
2.58 % |
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BBB |
18.79 % |
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BB |
41.01 % |
|
B |
23.65 % |
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CCC |
6.50 % |
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CC |
0.17 % |
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C |
0.11 % |
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D |
0.01 % |
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Not Rated |
3.00 % |
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Short Term Investments |
1.33 % |
|
Reverse Repurchase Agreements |
-0.84 % |
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N/A |
1.33 % |
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Total |
100.00 % |
|
Bonds by Maturity |
Portfolio % |
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Less than 1 Year |
3.10 % |
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1 To 5 Years |
58.59 % |
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5 To 10 Years |
31.69 % |
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10 To 20 Years |
3.06 % |
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20 To 30 Years |
0.87 % |
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More than 30 Years |
2.19 % |
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Other |
0.50 % |
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Total Net Assets |
100.00 % |
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Portfolio Statistics: |
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Average Coupon: |
7.50 % |
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Average Bond Price: |
94.24 |
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Percentage of Leverage(based on gross assets): |
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Bank Borrowing: |
0.00 % |
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Investment Operations:* |
18.29 % |
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Preferred Stock: |
0.00 % |
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Tender Option Bonds: |
0.00 % |
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VMTP Shares: |
0.00 % |
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Total Fund Leverage: |
18.29 % |
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Average Maturity: |
6.03 Years |
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Effective Duration: |
3.69 Years |
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Total Net Assets: |
$962.97 Million |
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Net Asset Value: |
$11.17 |
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Total Number of Holdings: |
1,387 |
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Portfolio Turnover: |
40.00 % |
* 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.
SOURCE AllianceBernstein Global High Income Fund, Inc.
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