AB Global High Income Fund, Inc. Releases Monthly Portfolio Update

NEW YORK, Dec. 28, 2021 /PRNewswire/ -- AB Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of November 30, 2021.

AB Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes  2.25%, 2/15/27		1.62%
2) U.S. Treasury Notes  2.875%, 8/15/28		1.14%
3) CCO Holdings LLC/CCO Holdings Capital Corp.  4.50%, 8/15/30 - 6/01/33		0.70%
4) Dominican Republic International Bond  8.625%, 4/20/27		0.62%
5) Altice France SA/France  5.125%, 7/15/29		0.55%
6) Sirius XM Radio, Inc.  4.00%, 7/15/28		0.51%
7) Altice Financing SA  5.75%, 8/15/29		0.50%
8) Royal Caribbean Cruises Ltd.  5.50%, 8/31/26 - 4/01/28		0.48%
9) Vistra Operations Co. LLC  4.375%, 5/01/29		0.46%
10) Nigeria Government International Bond  7.625%, 11/21/25 - 11/28/47		0.44%
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		7.18%
Consumer Non-Cyclical		6.67%
Communications - Media		5.61%
Services		3.34%
Basic		3.33%
Communications - Telecommunications		3.16%
Consumer Cyclical - Other		2.98%
Consumer Cyclical - Automotive		2.83%
Capital Goods		2.48%
Technology		2.47%
Consumer Cyclical - Retailers		2.42%
Consumer Cyclical - Entertainment		2.36%
Transportation - Services		0.78%
Consumer Cyclical - Restaurants		0.60%
Transportation - Airlines		0.32%
Other Industrial		0.19%
SUBTOTAL		46.72%
Credit Default Swaps		20.32%
SUBTOTAL		20.32%
Financial Institutions
Banking		2.31%
Finance		1.76%
Insurance		1.44%
REITs		1.26%
Brokerage		0.48%
Other Finance		0.42%
SUBTOTAL		7.67%
Utility
Electric		1.32%
SUBTOTAL		1.32%
SUBTOTAL		76.03%
Corporates - Investment Grade
Financial Institutions
Banking		3.43%
Insurance		0.94%
Finance		0.67%
REITs		0.24%
Brokerage		0.11%
Other Finance		0.02%
SUBTOTAL		5.41%
Industrial
Basic		0.92%
Energy		0.54%
Transportation - Airlines		0.44%
Consumer Cyclical - Other		0.44%
Technology		0.27%
Consumer Non-Cyclical		0.23%
Communications - Telecommunications		0.22%
Capital Goods		0.21%
Other Industrial		0.15%
Consumer Cyclical - Automotive		0.11%
Communications - Media		0.10%
Services		0.04%
Consumer Cyclical - Retailers		0.03%
SUBTOTAL		3.70%
Utility
Electric		0.01%
SUBTOTAL		0.01%
SUBTOTAL		9.12%
Collateralized Mortgage Obligations
Risk Share Floating Rate		5.59%
Non-Agency Fixed Rate		0.49%
Non-Agency Floating Rate		0.40%
Agency Fixed Rate		0.36%
SUBTOTAL		6.84%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		6.38%
Credit Default Swaps		0.23%
SUBTOTAL		6.61%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.51%
Energy		0.78%
Consumer Cyclical - Other		0.58%
Capital Goods		0.41%
Consumer Non-Cyclical		0.40%
Communications - Telecommunications		0.34%
Technology		0.14%
Services		0.06%
Communications - Media		0.04%
SUBTOTAL		4.26%
Financial Institutions
REITs		0.51%
Banking		0.05%
Insurance		0.04%
Finance		0.02%
Other Finance		0.01%
SUBTOTAL		0.63%
Utility
Electric		0.38%
SUBTOTAL		0.38%
SUBTOTAL		5.27%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.19%
Non-Agency Fixed Rate CMBS		1.06%
Non-Agency Floating Rate CMBS		0.02%
SUBTOTAL		5.27%
Interest Rate Futures		5.05%
Bank Loans
Industrial
Technology		0.86%
Consumer Non-Cyclical		0.77%
Communications - Telecommunications		0.71%
Capital Goods		0.57%
Energy		0.40%
Other Industrial		0.29%
Consumer Cyclical - Retailers		0.25%
Communications - Media		0.22%
Consumer Cyclical - Other		0.20%
Services		0.16%
Consumer Cyclical - Restaurants		0.08%
Consumer Cyclical - Automotive		0.04%
SUBTOTAL		4.55%
Financial Institutions
Insurance		0.22%
Finance		0.02%
SUBTOTAL		0.24%
Utility
Electric		0.23%
SUBTOTAL		0.23%
SUBTOTAL		5.02%
Global Governments		3.59%
Collateralized Loan Obligations
CLO - Floating Rate		2.79%
SUBTOTAL		2.79%
Common Stocks		1.81%
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.10%
SUBTOTAL		1.10%
Total Return Swaps		0.89%
Local Governments - US Municipal Bonds		0.48%
Preferred Stocks
Industrial		0.37%
Financial Institutions		0.10%
SUBTOTAL		0.47%
Asset-Backed Securities
Other ABS - Fixed Rate		0.23%
Autos - Fixed Rate		0.07%
Home Equity Loans - Fixed Rate		0.05%
SUBTOTAL		0.35%
Inflation-Linked Securities		0.22%
Currency Instruments
Forward Currency Exchange Contracts		0.10%
SUBTOTAL		0.10%
Warrants		0.07%
Reverse Repurchase Agreements		-0.41%
Net Cash Equivalents
Investment Companies		1.67%
Cash		0.11%
Foreign Currency		-0.02%
SUBTOTAL		1.76%
Derivative Offsets
Futures Offsets		-4.91%
Swaps Offsets		-27.52%
SUBTOTAL		-32.43%
Total		100.00%
Country Breakdown		Portfolio %
United States		72.19%
United Kingdom		3.26%
Canada		2.12%
France		1.63%
Luxembourg		1.53%
Brazil		1.30%
Spain		1.17%
Mexico		1.13%
Nigeria		0.81%
China		0.74%
Germany		0.72%
Ukraine		0.67%
Egypt		0.67%
Argentina		0.67%
Bahrain		0.66%
Switzerland		0.65%
Dominican Republic		0.62%
Colombia		0.55%
Italy		0.54%
Zambia		0.53%
Ivory Coast		0.52%
Finland		0.49%
Israel		0.47%
Sweden		0.42%
Netherlands		0.41%
Ghana		0.37%
Angola		0.36%
Oman		0.35%
Senegal		0.34%
India		0.34%
Macau		0.33%
Jersey (Channel Islands)		0.31%
Peru		0.31%
Australia		0.29%
Gabon		0.25%
South Africa		0.24%
Jamaica		0.22%
Indonesia		0.22%
Hong Kong		0.22%
El Salvador		0.20%
Ireland		0.20%
Ecuador		0.17%
Denmark		0.13%
Turkey		0.12%
Japan		0.10%
Chile		0.10%
Bermuda		0.08%
Venezuela		0.07%
Panama		0.07%
Kuwait		0.04%
Morocco		0.03%
Cayman Islands		0.02%
Belgium		0.02%
Czech Republic		0.02%
Norway		0.01%
Total Investments		100.00%
Net Currency Exposure Breakdown		Portfolio %
United States Dollar		100.45%
Canadian Dollar		0.12%
Great British Pound		0.02%
Norwegian Krone		0.02%
Argentine Peso		0.01%
Singapore Dollar		0.01%
South African Rand		0.01%
Swiss Franc		-0.01%
South Korean Won		-0.01%
Mexican Peso		-0.01%
Russian Rubles		-0.02%
Colombian Peso		-0.10%
Euro		-0.49%
Total Net Assets		100.00%
Credit Rating		Portfolio %
AAA		3.32%
AA		0.29%
A		0.72%
BBB		14.45%
BB		36.15%
B		26.39%
CCC		8.70%
CC		0.18%
C		0.14%
D		0.22%
Not Rated		4.95%
Short Term Investments		1.67%
Reverse Repurchase Agreements		-0.41%
N/A		3.23%
Total		100.00%
Bonds By Maturity		Portfolio %
Less than 1 year		8.02%
1 to 5 years		44.49%
5 to 10 years		36.12%
10 to 20 years		6.10%
20 to 30 years		3.17%
More Than 30 years		0.22%
Other		1.88%
Total Net Assets		100.00%
Portfolio Statistics:
Average Coupon:		6.95%
Average Bond Price:		100.96
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		27.77%
Preferred stock:		0.00%
Tender Option Bonds:		0.00%
VMTP Shares:		0.00%
Total Fund Leverage:		27.77%
Average Maturity:		5.91  Years
Effective Duration:		4.46  Years
Total Net Assets:		$1,093.87 Million
Net Asset Value:		$12.69
Number of Holdings:		1643
Portfolio Turnover:		51%

* 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 AB Global High Income Fund, Inc.