AllianceBernstein Global High Income Fund, Inc. Releases Monthly Portfolio Update
NEW YORK, Jan. 27, 2025 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.(NYSE:AWF) (the "Fund") today released its monthly portfolio update as of December 31, 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) NFE Financing LLC 12.00%, 11/15/29 | 0.83 % | ||
3) CCO Holdings 4.50%, 08/15/30 - 06/01/33 | 0.78 % | ||
4) CCO Holdings 4.75%, 02/01/32 | 0.63 % | ||
5) Dominican Republic Intl Bond 8.625%, 04/20/27 | 0.60 % | ||
6) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 | 0.53 % | ||
7) AMMC CLO 25 Ltd. 11.406%, 04/15/35 | 0.51 % | ||
8) Altice France SA 5.125%, 01/15/29 - 07/15/29 | 0.49 % | ||
9) Palmer Square CLO Ltd. 11.068%, 01/15/35 | 0.42 % | ||
10) EchoStar Corp. 10.75%, 11/30/29 | 0.42 % | ||
Investment Type | Portfolio % | ||
Corporates - Non-Investment Grade | |||
Industrial | |||
Energy | 7.46 % | ||
Consumer Non-Cyclical | 7.05 % | ||
Communications - Media | 6.94 % | ||
Capital Goods | 4.21 % | ||
Basic | 3.92 % | ||
Communications - Telecommunications | 3.80 % | ||
Consumer Cyclical - Other | 3.71 % | ||
Consumer Cyclical - Retailers | 3.19 % | ||
Services | 2.79 % | ||
Consumer Cyclical - Automotive | 2.20 % | ||
Technology | 1.97 % | ||
Consumer Cyclical - Entertainment | 1.68 % | ||
Transportation - Services | 1.36 % | ||
Transportation - Airlines | 0.74 % | ||
Consumer Cyclical - Restaurants | 0.52 % | ||
Other Industrial | 0.41 % | ||
Transportation - Railroads | 0.05 % | ||
SUBTOTAL | 52.00 % | ||
Credit Default Swaps | 14.35 % | ||
Financial Institutions | |||
Finance | 2.17 % | ||
REITs | 1.40 % | ||
Brokerage | 1.17 % | ||
Insurance | 0.88 % | ||
Other Finance | 0.53 % | ||
Banking | 0.51 % | ||
SUBTOTAL | 6.66 % | ||
Utility | |||
Electric | 1.35 % | ||
Natural Gas | 0.06 % | ||
SUBTOTAL | 1.41 % | ||
SUBTOTAL | 74.42 % | ||
Corporates - Investment Grade | |||
Industrial | |||
Communications - Media | 1.23 % | ||
Energy | 1.11 % | ||
Consumer Cyclical - Automotive | 0.91 % | ||
Consumer Cyclical - Other | 0.73 % | ||
Basic | 0.66 % | ||
Consumer Non-Cyclical | 0.62 % | ||
Capital Goods | 0.43 % | ||
Transportation - Airlines | 0.39 % | ||
Consumer Cyclical - Entertainment | 0.31 % | ||
Transportation - Services | 0.21 % | ||
Consumer Cyclical - Retailers | 0.20 % | ||
Other Industrial | 0.05 % | ||
Technology | 0.03 % | ||
Transportation - Railroads | 0.03 % | ||
Services | 0.02 % | ||
SUBTOTAL | 6.93 % | ||
Financial Institutions | |||
Banking | 4.14 % | ||
Insurance | 0.79 % | ||
Finance | 0.64 % | ||
REITs | 0.37 % | ||
Brokerage | 0.13 % | ||
SUBTOTAL | 6.07 % | ||
Utility | |||
Electric | 1.36 % | ||
Other Utility | 0.05 % | ||
SUBTOTAL | 1.41 % | ||
SUBTOTAL | 14.41 % | ||
Emerging Markets - Corporate Bonds | |||
Industrial | |||
Basic | 1.88 % | ||
Energy | 1.23 % | ||
Consumer Cyclical - Other | 0.97 % | ||
Consumer Non-Cyclical | 0.76 % | ||
Capital Goods | 0.29 % | ||
Communications - Telecommunications | 0.15 % | ||
Consumer Cyclical - Retailers | 0.14 % | ||
Transportation - Services | 0.07 % | ||
Communications - Media | 0.06 % | ||
Other Industrial | 0.03 % | ||
SUBTOTAL | 5.58 % | ||
Utility | |||
Electric | 0.42 % | ||
Other Utility | 0.07 % | ||
SUBTOTAL | 0.49 % | ||
Financial Institutions | |||
Banking | 0.12 % | ||
Other Finance | 0.02 % | ||
SUBTOTAL | 0.14 % | ||
SUBTOTAL | 6.21 % | ||
Bank Loans | |||
Industrial | |||
Consumer Non-Cyclical | 0.98 % | ||
Technology | 0.95 % | ||
Communications - Media | 0.67 % | ||
Communications - Telecommunications | 0.51 % | ||
Transportation - Airlines | 0.23 % | ||
Capital Goods | 0.20 % | ||
Other Industrial | 0.20 % | ||
Transportation - Services | 0.17 % | ||
Energy | 0.15 % | ||
Consumer Cyclical - Retailers | 0.05 % | ||
Consumer Cyclical - Restaurants | 0.02 % | ||
SUBTOTAL | 4.13 % | ||
Financial Institutions | |||
Insurance | 0.38 % | ||
Brokerage | 0.16 % | ||
Finance | 0.02 % | ||
SUBTOTAL | 0.56 % | ||
SUBTOTAL | 4.69 % | ||
Interest Rate Futures | 3.24 % | ||
Collateralized Mortgage Obligations | |||
Risk Share Floating Rate | 1.55 % | ||
Non-Agency Fixed Rate | 0.31 % | ||
Non-Agency Floating Rate | 0.28 % | ||
Agency Fixed Rate | 0.21 % | ||
SUBTOTAL | 2.35 % | ||
Emerging Markets - Sovereigns | 2.32 % | ||
Collateralized Loan Obligations | |||
CLO - Floating Rate | 2.28 % | ||
SUBTOTAL | 2.28 % | ||
U.S. Govt & Agency Securities | 1.62 % | ||
Quasi-Sovereigns | |||
Quasi-Sovereign Bonds | 1.20 % | ||
SUBTOTAL | 1.20 % | ||
Local Governments - US Municipal Bonds | 0.39 % | ||
Commercial Mortgage-Backed Securities | |||
Non-Agency Fixed Rate CMBS | 0.35 % | ||
SUBTOTAL | 0.35 % | ||
Asset-Backed Securities | |||
Other ABS - Floating Rate | 0.21 % | ||
Autos - Fixed Rate | 0.08 % | ||
SUBTOTAL | 0.29 % | ||
Emerging Markets - Treasuries | 0.23 % | ||
Inflation-Linked Securities | 0.22 % | ||
Common Stocks | 0.19 % | ||
Preferred Stocks | |||
Industrials | 0.09 % | ||
SUBTOTAL | 0.09 % | ||
Forward Currency Exchange Contracts | |||
Currency Instruments | 0.08 % | ||
SUBTOTAL | 0.08 % | ||
Reverse Repurchase Agreements | -0.28 % | ||
EM Government Agencies | -0.89 % | ||
Cash & Cash Equivalents | |||
Cash | 1.69 % | ||
Funds and Investment Trusts | 1.14 % | ||
Corporates - Non-Investment Grade | 0.05 % | ||
SUBTOTAL | 2.88 % | ||
Derivative Offsets | |||
Futures Offsets | -3.23 % | ||
Swap Offsets | -13.06 % | ||
SUBTOTAL | -16.29 % | ||
TOTAL | 100.00 % | ||
Country Breakdown | Portfolio % | ||
United States | 68.04 % | ||
United Kingdom | 3.37 % | ||
Canada | 2.43 % | ||
France | 2.31 % | ||
Brazil | 1.48 % | ||
Colombia | 1.38 % | ||
Germany | 1.37 % | ||
Mexico | 1.35 % | ||
Spain | 1.22 % | ||
Italy | 1.18 % | ||
India | 1.04 % | ||
Luxembourg | 0.97 % | ||
Dominican Republic | 0.85 % | ||
South Africa | 0.85 % | ||
Israel | 0.81 % | ||
Chile | 0.78 % | ||
Australia | 0.69 % | ||
China | 0.61 % | ||
Peru | 0.58 % | ||
Nigeria | 0.57 % | ||
Netherlands | 0.56 % | ||
Hong Kong | 0.53 % | ||
Macau | 0.52 % | ||
Puerto Rico | 0.44 % | ||
Kazakhstan | 0.36 % | ||
Turkey | 0.36 % | ||
Indonesia | 0.34 % | ||
Angola | 0.32 % | ||
Finland | 0.32 % | ||
Switzerland | 0.31 % | ||
Ireland | 0.30 % | ||
Jersey (Channel Islands) | 0.29 % | ||
Egypt | 0.24 % | ||
Norway | 0.21 % | ||
Slovenia | 0.20 % | ||
Panama | 0.19 % | ||
Romania | 0.18 % | ||
Zambia | 0.17 % | ||
El Salvador | 0.16 % | ||
Azerbaijan | 0.11 % | ||
Guatemala | 0.11 % | ||
Ukraine | 0.11 % | ||
Ecuador | 0.08 % | ||
Malaysia | 0.08 % | ||
Cayman Islands | 0.07 % | ||
Japan | 0.07 % | ||
Argentina | 0.05 % | ||
Jamaica | 0.05 % | ||
Austria | 0.04 % | ||
Czech Republic | 0.04 % | ||
Kuwait | 0.04 % | ||
Morocco | 0.04 % | ||
Serbia | 0.03 % | ||
Uzbekistan | 0.03 % | ||
Trinidad and Tobago | 0.02 % | ||
Cash & Cash Equivalents | 1.15 % | ||
Total Investments | 100.00 % | ||
Net Currency Exposure Breakdown | Portfolio % | ||
US Dollar | 100.18 % | ||
Canadian Dollar | 0.18 % | ||
Pound Sterling | 0.11 % | ||
Dominican Peso | 0.07 % | ||
Norwegian Krone | 0.02 % | ||
Brazilian Real | 0.01 % | ||
Indonesian Rupiah | 0.01 % | ||
Swedish Krona | 0.01 % | ||
South African Rand | 0.01 % | ||
Czech Koruna | -0.01 % | ||
South Korean Won | -0.01 % | ||
Colombian Peso | -0.11 % | ||
Euro | -0.47 % | ||
Total Net Assets | 100.00 % | ||
Credit Rating | Portfolio % | ||
AAA | 1.13 % | ||
AA | 0.20 % | ||
A | 1.24 % | ||
BBB | 15.57 % | ||
BB | 44.23 % | ||
B | 23.14 % | ||
CCC | 8.34 % | ||
CC | 0.20 % | ||
C | 0.03 % | ||
Not Rated | 2.53 % | ||
Short Term Investments | 1.19 % | ||
Reverse Repurchase Agreements | -0.29 % | ||
N/A | 2.49 % | ||
Total | 100.00 % | ||
Bonds by Maturity | Portfolio % | ||
Less than 1 Year | 7.81 % | ||
1 To 5 Years | 65.75 % | ||
5 To 10 Years | 21.73 % | ||
10 To 20 Years | 2.77 % | ||
20 To 30 Years | 0.96 % | ||
More than 30 Years | 0.79 % | ||
Other | 0.19 % | ||
Total Net Assets | 100.00 % | ||
Portfolio Statistics: | |||
Average Coupon: | 7.36 % | ||
Average Bond Price: | 95.99 | ||
Percentage of Leverage(based on gross assets): | |||
Bank Borrowing: | 0.00 % | ||
Investment Operations:* | 14.18 % | ||
Preferred Stock: | 0.00 % | ||
Tender Option Bonds: | 0.00 % | ||
VMTP Shares: | 0.00 % | ||
VRDP Shares: | 0.00 % | ||
Total Fund Leverage: | 14.18 % | ||
Average Maturity: | 4.51 Years | ||
Effective Duration: | 3.05 Years | ||
Total Net Assets: | $978.32 Million | ||
Net Asset Value: | $11.35 | ||
Total Number of Holdings: | 1,218 | ||
Portfolio Turnover: | 45.00 % | ||
* 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. | |||
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SOURCE AllianceBernstein Global High Income Fund, Inc.