AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
NEW YORK, May 24, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of April 30, 2024.
AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings |
Portfolio % |
|
1) U.S. Treasury Notes 2.25%, 02/15/27 |
1.06 % |
|
2) CCO Holdings 4.50%, 08/15/30 - 06/01/33 |
0.63 % |
|
3) Dominican Republic Intl Bond 8.625%, 04/20/27 |
0.62 % |
|
4) CCO Holdings 4.75%, 02/01/32 |
0.58 % |
|
5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 |
0.53 % |
|
6) AMMC CLO 25 Ltd. 12.919%, 04/15/35 |
0.53 % |
|
7) Palmer Square CLO Ltd. 11.74%, 01/15/35 |
0.43 % |
|
8) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28 |
0.42 % |
|
9) Carnival Holdings Bermuda 10.375%, 05/01/28 |
0.41 % |
|
10) Balboa Bay Loan Funding 13.255%, 04/20/34 |
0.39 % |
|
Investment Type |
Portfolio % |
|
Corporates - Non-Investment Grade |
||
Industrial |
||
Energy |
6.96 % |
|
Consumer Non-Cyclical |
6.73 % |
|
Communications - Media |
6.49 % |
|
Capital Goods |
4.29 % |
|
Basic |
3.52 % |
|
Services |
3.40 % |
|
Consumer Cyclical - Other |
3.18 % |
|
Consumer Cyclical - Retailers |
2.86 % |
|
Technology |
2.76 % |
|
Communications - Telecommunications |
2.47 % |
|
Consumer Cyclical - Automotive |
2.42 % |
|
Consumer Cyclical - Entertainment |
2.27 % |
|
Transportation - Services |
1.14 % |
|
Transportation - Airlines |
0.84 % |
|
Consumer Cyclical - Restaurants |
0.24 % |
|
Other Industrial |
0.23 % |
|
SUBTOTAL |
49.80 % |
|
Credit Default Swaps |
16.41 % |
|
Financial Institutions |
||
Finance |
2.24 % |
|
REITs |
1.28 % |
|
Insurance |
1.07 % |
|
Brokerage |
0.82 % |
|
Banking |
0.36 % |
|
Other Finance |
0.36 % |
|
SUBTOTAL |
6.13 % |
|
Utility |
||
Electric |
0.48 % |
|
Natural Gas |
0.07 % |
|
SUBTOTAL |
0.55 % |
|
SUBTOTAL |
72.89 % |
|
Corporates - Investment Grade |
||
Industrial |
||
Consumer Cyclical - Automotive |
2.13 % |
|
Energy |
1.67 % |
|
Consumer Non-Cyclical |
1.08 % |
|
Communications - Media |
0.99 % |
|
Basic |
0.94 % |
|
Consumer Cyclical - Other |
0.79 % |
|
Capital Goods |
0.41 % |
|
Consumer Cyclical - Retailers |
0.29 % |
|
Transportation - Services |
0.20 % |
|
Consumer Cyclical - Entertainment |
0.12 % |
|
Transportation - Airlines |
0.12 % |
|
Communications - Telecommunications |
0.09 % |
|
Technology |
0.07 % |
|
Services |
0.04 % |
|
Transportation - Railroads |
0.03 % |
|
SUBTOTAL |
8.97 % |
|
Financial Institutions |
||
Banking |
6.57 % |
|
Insurance |
1.16 % |
|
Finance |
0.84 % |
|
REITs |
0.17 % |
|
Brokerage |
0.16 % |
|
SUBTOTAL |
8.90 % |
|
Utility |
||
Electric |
1.08 % |
|
Other Utility |
0.05 % |
|
SUBTOTAL |
1.13 % |
|
SUBTOTAL |
19.00 % |
|
Emerging Markets - Corporate Bonds |
||
Industrial |
||
Basic |
1.66 % |
|
Consumer Cyclical - Other |
1.04 % |
|
Consumer Non-Cyclical |
0.77 % |
|
Energy |
0.76 % |
|
Technology |
0.20 % |
|
Consumer Cyclical - Retailers |
0.17 % |
|
Capital Goods |
0.16 % |
|
Communications - Media |
0.15 % |
|
Consumer Cyclical - Automotive |
0.05 % |
|
Transportation - Services |
0.05 % |
|
Communications - Telecommunications |
0.04 % |
|
Services |
0.04 % |
|
SUBTOTAL |
5.09 % |
|
Utility |
||
Electric |
0.30 % |
|
Other Utility |
0.07 % |
|
SUBTOTAL |
0.37 % |
|
Financial Institutions |
||
Banking |
0.10 % |
|
Other Finance |
0.02 % |
|
SUBTOTAL |
0.12 % |
|
SUBTOTAL |
5.58 % |
|
Interest Rate Futures |
4.22 % |
|
Collateralized Loan Obligations |
||
CLO - Floating Rate |
3.81 % |
|
SUBTOTAL |
3.81 % |
|
Collateralized Mortgage Obligations |
||
Risk Share Floating Rate |
2.32 % |
|
Non-Agency Fixed Rate |
0.33 % |
|
Non-Agency Floating Rate |
0.30 % |
|
Agency Fixed Rate |
0.24 % |
|
SUBTOTAL |
3.19 % |
|
Bank Loans |
||
Industrial |
||
Consumer Non-Cyclical |
0.55 % |
|
Technology |
0.48 % |
|
Communications - Telecommunications |
0.37 % |
|
Energy |
0.36 % |
|
Communications - Media |
0.27 % |
|
Capital Goods |
0.22 % |
|
Other Industrial |
0.22 % |
|
Consumer Cyclical - Automotive |
0.07 % |
|
Consumer Cyclical - Retailers |
0.05 % |
|
Transportation - Airlines |
0.05 % |
|
Consumer Cyclical - Restaurants |
0.02 % |
|
SUBTOTAL |
2.66 % |
|
Financial Institutions |
||
Insurance |
0.33 % |
|
Finance |
0.02 % |
|
SUBTOTAL |
0.35 % |
|
Utility |
||
Electric |
0.18 % |
|
SUBTOTAL |
0.18 % |
|
SUBTOTAL |
3.19 % |
|
Emerging Markets - Sovereigns |
||
Emerging Markets - Sovereigns |
2.35 % |
|
Credit Default Swaps |
0.27 % |
|
SUBTOTAL |
2.62 % |
|
Commercial Mortgage-Backed Securities |
||
Credit Default Swaps |
1.28 % |
|
Non-Agency Fixed Rate CMBS |
0.39 % |
|
Non-Agency Floating Rate CMBS |
0.03 % |
|
SUBTOTAL |
1.70 % |
|
U.S. Govt & Agency Securities |
1.63 % |
|
Quasi-Sovereigns |
||
Quasi-Sovereign Bonds |
1.10 % |
|
SUBTOTAL |
1.10 % |
|
EM Government Agencies |
0.50 % |
|
Asset-Backed Securities |
||
Other ABS - Floating Rate |
0.31 % |
|
Autos - Fixed Rate |
0.08 % |
|
Other ABS - Fixed Rate |
0.03 % |
|
SUBTOTAL |
0.42 % |
|
Local Governments - US Municipal Bonds |
0.40 % |
|
Inflation-Linked Securities |
0.25 % |
|
Common Stocks |
0.15 % |
|
Forward Currency Exchange Contracts |
||
Currency Instruments |
0.13 % |
|
SUBTOTAL |
0.13 % |
|
Preferred Stocks |
||
Industrials |
0.10 % |
|
SUBTOTAL |
0.10 % |
|
Reverse Repurchase Agreements |
-0.84 % |
|
Cash & Cash Equivalents |
||
Cash |
1.53 % |
|
Funds and Investment Trusts |
0.92 % |
|
SUBTOTAL |
2.45 % |
|
Derivative Offsets |
||
Futures Offsets |
-4.27 % |
|
Swap Offsets |
-18.22 % |
|
SUBTOTAL |
-22.49 % |
|
TOTAL |
100.00 % |
|
Country Breakdown |
Portfolio % |
|
United States |
68.36 % |
|
United Kingdom |
4.17 % |
|
France |
2.46 % |
|
Germany |
1.85 % |
|
Spain |
1.78 % |
|
Canada |
1.72 % |
|
Brazil |
1.38 % |
|
Mexico |
1.30 % |
|
Colombia |
1.29 % |
|
Luxembourg |
1.29 % |
|
India |
1.04 % |
|
Australia |
0.94 % |
|
Italy |
0.82 % |
|
Nigeria |
0.66 % |
|
Dominican Republic |
0.65 % |
|
Chile |
0.63 % |
|
Macau |
0.57 % |
|
China |
0.56 % |
|
Hong Kong |
0.54 % |
|
Israel |
0.54 % |
|
Peru |
0.52 % |
|
Switzerland |
0.50 % |
|
Ireland |
0.46 % |
|
South Africa |
0.42 % |
|
Netherlands |
0.37 % |
|
Kazakhstan |
0.36 % |
|
Indonesia |
0.33 % |
|
Finland |
0.32 % |
|
Turkey |
0.30 % |
|
Norway |
0.26 % |
|
Zambia |
0.26 % |
|
Angola |
0.25 % |
|
Argentina |
0.22 % |
|
El Salvador |
0.22 % |
|
Egypt |
0.21 % |
|
Slovenia |
0.21 % |
|
Ukraine |
0.20 % |
|
Japan |
0.18 % |
|
Jersey (Channel Islands) |
0.17 % |
|
Panama |
0.14 % |
|
Czech Republic |
0.11 % |
|
Sweden |
0.10 % |
|
Guatemala |
0.08 % |
|
Venezuela |
0.06 % |
|
Cayman Islands |
0.05 % |
|
Ghana |
0.05 % |
|
Kuwait |
0.04 % |
|
Morocco |
0.04 % |
|
Trinidad and Tobago |
0.04 % |
|
Romania |
0.03 % |
|
Malaysia |
0.02 % |
|
Cash & Cash Equivalents |
0.93 % |
|
Total Investments |
100.00 % |
|
Net Currency Exposure Breakdown |
Portfolio % |
|
US Dollar |
100.29 % |
|
Canadian Dollar |
0.19 % |
|
Pound Sterling |
0.08 % |
|
Brazilian Real |
0.01 % |
|
Hungarian Forint |
0.01 % |
|
Indonesian Rupiah |
0.01 % |
|
Norwegian Krone |
0.01 % |
|
Swiss Franc |
-0.01 % |
|
Chinese Yuan Renminbi (Offshore) |
-0.01 % |
|
Peruvian Sol |
-0.01 % |
|
Singapore Dollar |
-0.01 % |
|
Colombian Peso |
-0.14 % |
|
Euro |
-0.42 % |
|
Total Net Assets |
100.00 % |
|
Credit Rating |
Portfolio % |
|
AAA |
1.47 % |
|
AA |
0.45 % |
|
A |
2.94 % |
|
BBB |
18.66 % |
|
BB |
41.91 % |
|
B |
21.26 % |
|
CCC |
7.90 % |
|
CC |
0.31 % |
|
C |
0.08 % |
|
D |
0.09 % |
|
Not Rated |
2.62 % |
|
Short Term Investments |
0.92 % |
|
Reverse Repurchase Agreements |
-0.84 % |
|
N/A |
2.23 % |
|
Total |
100.00 % |
|
Bonds by Maturity |
Portfolio % |
|
Less than 1 Year |
5.56 % |
|
1 To 5 Years |
57.89 % |
|
5 To 10 Years |
30.47 % |
|
10 To 20 Years |
3.12 % |
|
20 To 30 Years |
1.10 % |
|
More than 30 Years |
1.71 % |
|
Other |
0.15 % |
|
Total Net Assets |
100.00 % |
|
Portfolio Statistics: |
||
Average Coupon: |
7.51 % |
|
Average Bond Price: |
93.27 |
|
Percentage of Leverage(based on gross assets): |
||
Bank Borrowing: |
0.00 % |
|
Investment Operations:* |
19.01 % |
|
Preferred Stock: |
0.00 % |
|
Tender Option Bonds: |
0.00 % |
|
VMTP Shares: |
0.00 % |
|
Total Fund Leverage: |
19.01 % |
|
Average Maturity: |
5.84 Years |
|
Effective Duration: |
3.36 Years |
|
Total Net Assets: |
$949.50 Million |
|
Net Asset Value: |
$11.01 |
|
Total Number of Holdings: |
1,340 |
|
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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