AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
4:06 pm ET January 24, 2023 (PR Newswire) Print
AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of December 31, 2022.
AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings Portfolio % 1) U.S. Treasury Notes 2.25%, 02/15/27 1.49% 2) U.S. Treasury Notes 2.875%, 08/15/28 0.73% 3) CCO Holdings 4.50%, 08/15/30 - 06/01/33 0.69% 4) Dominican Repubic Intl Bond 8.625%, 04/20/27 0.66% 5) CCO Holdings 4.75%, 02/01/32 0.65% 6) Sirius XM Radio, Inc. 4.00%, 07/15/28 0.55% 7) Altice France SA/France 5.125%, 07/15/29 0.52% 8) Ford Motor Credit Co. LLC 7.35%, 11/04/27 0.51% 9) AMMC CLO 25 Ltd. 11.454%, 04/15/35 0.50% 10) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 0.49%
Investment Type Portfolio % Corporates - Non-Investment Grade Industrial Communications - Media 6.87% Consumer Non-Cyclical 6.25% Energy 4.60% Consumer Cyclical - Automotive 3.97% Communications - Telecommunications 3.42% Basic 3.40% Services 3.32% Consumer Cyclical - Other 3.30% Capital Goods 3.27% Consumer Cyclical - Retailers 2.85% Consumer Cyclical - Entertainment 2.63% Technology 2.57% Transportation - Services 1.21% Transportation - Airlines 0.80% Consumer Cyclical - Restaurants 0.67% Other Industrial 0.21% SUBTOTAL 49.34% Credit Default Swaps 17.41% Financial Institutions Finance 1.89% REITs 1.07% Brokerage 0.95% Banking 0.84% Other Finance 0.61% Insurance 0.58% SUBTOTAL 5.94% Utility Electric 0.43% Natural Gas 0.17% Other Utility 0.15% SUBTOTAL 0.75% SUBTOTAL 73.44% Corporates - Investment Grade Financial Institutions Banking 4.65% Insurance 1.42% Finance 0.76% REITs 0.29% Brokerage 0.13% SUBTOTAL 7.25% Industrial Energy 1.25% Basic 0.98% Consumer Non-Cyclical 0.89% Communications - Media 0.65% Consumer Cyclical - Other 0.62% Technology 0.46% Transportation - Airlines 0.33% Capital Goods 0.28% Consumer Cyclical - Retailers 0.24% Consumer Cyclical - Entertainment 0.22% Other Industrial 0.20% Communications - Telecommunications 0.18% Consumer Cyclical - Automotive 0.12% Services 0.05% Transportation - Railroads 0.04% SUBTOTAL 6.51% Utility Electric 0.20% SUBTOTAL 0.20% SUBTOTAL 13.96% Interest Rate Futures 11.80% Emerging Markets - Corporate Bonds Industrial Basic 1.27% Consumer Cyclical - Other 0.97% Consumer Non-Cyclical 0.81% Energy 0.74% Capital Goods 0.35% Technology 0.21% Communications - Media 0.11% Communications - Telecommunications 0.09% Services 0.05% Transportation - Services 0.02% SUBTOTAL 4.62% Utility Electric 0.34% SUBTOTAL 0.34% Financial Institutions REITs 0.10% Insurance 0.04% Finance 0.02% Other Finance 0.01% SUBTOTAL 0.17% SUBTOTAL 5.13% Collateralized Mortgage Obligations Risk Share Floating Rate 3.81% Non-Agency Fixed Rate 0.41% Agency Fixed Rate 0.34% Non-Agency Floating Rate 0.34% SUBTOTAL 4.90% Bank Loans Industrial Consumer Non-Cyclical 0.91% Technology 0.79% Communications - Telecommunications 0.73% Capital Goods 0.55% Energy 0.47% Other Industrial 0.32% Communications - Media 0.23% Consumer Cyclical - Retailers 0.14% Consumer Cyclical - Other 0.12% Services 0.12% Consumer Cyclical - Restaurants 0.09% Consumer Cyclical - Automotive 0.05% SUBTOTAL 4.52% Utility Electric 0.19% SUBTOTAL 0.19% Financial Institutions Finance 0.03% SUBTOTAL 0.03% SUBTOTAL 4.74% Collateralized Loan Obligations CLO - Floating Rate 4.72% SUBTOTAL 4.72% Commercial Mortgage-Backed Securities Credit Default Swaps 3.65% Non-Agency Fixed Rate CMBS 0.79% Non-Agency Floating Rate CMBS 0.03% SUBTOTAL 4.47% Emerging Markets - Sovereigns Emerging Markets - Sovereigns 3.91% Credit Default Swaps 0.28% SUBTOTAL 4.19% Global Governments 2.88% Total Return Swaps 1.09% Common Stocks 0.95% Quasi-Sovereigns Quasi-Sovereign Bonds 0.81% SUBTOTAL 0.81% Local Governments - US Municipal Bonds 0.46% Inflation-Linked Securities 0.21% Asset-Backed Securities Other ABS - Fixed Rate 0.12% Autos - Fixed Rate 0.08% SUBTOTAL 0.20% Preferred Stocks Industrials 0.18% SUBTOTAL 0.18% Interest Rate Swaps -0.01% Forward Currency Exchange Contracts Currency Instruments -0.15% SUBTOTAL -0.15% Reverse Repurchase Agreements -1.02% Cash & Cash Equivalents Funds and Investment Trusts 0.62% U.S. Treasury Bills 0.22% Cash 0.19% SUBTOTAL 1.03% Derivative Offsets Futures Offsets -11.83% Swap Offsets -22.15% SUBTOTAL -33.98% TOTAL 100.00%
Country Breakdown Portfolio % United States 68.73% United Kingdom 4.42% France 2.37% Luxembourg 2.05% Germany 1.80% Canada 1.63% Italy 1.41% Brazil 1.39% Mexico 1.16% Spain 1.13% Netherlands 0.78% India 0.69% Switzerland 0.68% Dominican Republic 0.66% Colombia 0.59% Australia 0.58% Hong Kong 0.56% Bahrain 0.55% China 0.52% Israel 0.51% Macau 0.50% Sweden 0.50% Cote D'Ivoire 0.46% Finland 0.46% Oman 0.40% Ireland 0.39% Peru 0.36% Angola 0.34% Nigeria 0.32% Senegal 0.28% Norway 0.26% Gabon 0.24% Indonesia 0.21% Egypt 0.19% Jersey (Channel Islands) 0.18% Denmark 0.16% Ecuador 0.16% Argentina 0.15% Ukraine 0.15% Zambia 0.15% Kazakhstan 0.14% El Salvador 0.13% Japan 0.13% South Africa 0.13% Turkey 0.13% Guatemala 0.10% Panama 0.09% Ghana 0.07% Jamaica 0.06% Venezuela 0.06% Chile 0.05% Belgium 0.04% Bermuda 0.04% Kuwait 0.04% Morocco 0.04% Cayman Islands 0.02% Czech Republic 0.02% Trinidad and Tobago 0.02% Cash & Cash Equivalents 0.62% Total Investments 100.00%
Net Currency Exposure Breakdown Portfolio % US Dollar 100.31% Norwegian Krone 0.02% Argentine Peso 0.01% Mexican Peso 0.01% New Zealand Dollar 0.01% Polish Zloty 0.01% New Taiwan Dollar 0.01% Canadian Dollar -0.01% Swiss Franc -0.01% Chinese Yuan Renminbi (Offshore) -0.01% Indian Rupee -0.01% South Korean Won -0.01% Pound Sterling -0.02% Colombian Peso -0.11% Euro -0.20% Total Net Assets 100.00%
Credit Rating Portfolio % AAA 5.52% AA 0.60% A 2.23% BBB 14.56% BB 38.37% B 28.65% CCC 6.78% CC 0.14% C 0.08% D 0.02% Not Rated 3.52% Short Term Investments 0.84% Reverse Repurchase Agreements -1.02% N/A -0.29% Total 100.00%
Bonds by Maturity Portfolio % Less than 1 Year 2.24% 1 To 5 Years 45.25% 5 To 10 Years 43.99% 10 To 20 Years 3.23% 20 To 30 Years 1.61% More than 30 Years 2.73% Other 0.95% Total Net Assets 100.00%
Portfolio Statistics: Average Coupon: 7.39% Average Bond Price: 87.37 Percentage of Leverage(based on gross assets): Bank Borrowing: 0.00% Investment Operations:* 23.88% Preferred Stock: 0.00% Tender Option Bonds: 0.00% VMTP Shares: 0.00% Total Fund Leverage: 23.88% Average Maturity: 6.25 Years Effective Duration: 4.17 Years Total Net Assets: $894.60 Million Net Asset Value: $10.37 Total Number of Holdings: 1,566 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.
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SOURCE AllianceBernstein Global High Income Fund, Inc.
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COMTEX_423221441/1005/2023-01-24T16:06:10