AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Aug. 23, 2021 /PRNewswire/ -- AB Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of July 31, 2021.

AB Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes  2.25%, 2/15/27		1.82%
2) U.S. Treasury Notes  2.875%, 8/15/28		1.28%
3) CCO Holdings LLC/CCO Holdings Capital Corp.  4.50%, 8/15/30 - 6/01/33		0.71%
4) Dominican Republic International Bond  8.625%, 4/20/27		0.62%
5) Sirius XM Radio, Inc.  4.00%, 7/15/28		0.60%
6) Altice France SA/France  5.125%, 7/15/29		0.56%
7) Nigeria Government International Bond  7.625%, 11/21/25 - 11/28/47		0.47%
8) Vistra Operations Co. LLC  4.375%, 5/01/29		0.47%
9) Argentine Republic Government International Bond  1.125%, 7/09/35		0.46%
10) Ukraine Government International Bond  7.75%, 9/01/22 - 9/01/24		0.44%
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		6.86%
Communications - Media		5.48%
Consumer Non-Cyclical		5.20%
Communications - Telecommunications		3.74%
Basic		3.31%
Services		3.24%
Consumer Cyclical - Automotive		2.87%
Technology		2.75%
Capital Goods		2.64%
Consumer Cyclical - Other		2.53%
Consumer Cyclical - Entertainment		2.50%
Consumer Cyclical - Retailers		2.15%
Consumer Cyclical - Restaurants		0.65%
Transportation - Services		0.55%
Transportation - Airlines		0.47%
Other Industrial		0.19%
SUBTOTAL		45.13%
Credit Default Swaps		21.93%
SUBTOTAL		21.93%
Financial Institutions
Banking		2.52%
Finance		1.88%
REITS		1.24%
Insurance		0.88%
Brokerage		0.29%
Other Finance		0.24%
SUBTOTAL		7.05%
Utility
Electric		1.19%
Other Utility		0.14%
SUBTOTAL		1.33%
SUBTOTAL		75.44%
Corporates - Investment Grade
Financial Institutions
Banking		4.24%
Insurance		1.73%
Finance		0.50%
Brokerage		0.12%
REITS		0.12%
Other Finance		0.02%
SUBTOTAL		6.73%
Industrial
Basic		0.66%
Consumer Cyclical - Other		0.64%
Energy		0.49%
Transportation - Airlines		0.45%
Consumer Non-Cyclical		0.38%
Technology		0.32%
Capital Goods		0.21%
Other Industrial		0.17%
Consumer Cyclical - Automotive		0.11%
Communications - Media		0.05%
Consumer Cyclical - Retailers		0.04%
Services		0.02%
SUBTOTAL		3.54%
SUBTOTAL		10.27%
Collateralized Mortgage Obligations
Risk Share Floating Rate		6.39%
Non-Agency Fixed Rate		0.51%
Non-Agency Floating Rate		0.44%
Agency Fixed Rate		0.38%
SUBTOTAL		7.72%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		7.46%
Credit Default Swaps		0.23%
SUBTOTAL		7.69%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.04%
Non-Agency Fixed Rate CMBS		0.98%
Non-Agency Floating Rate CMBS		0.02%
SUBTOTAL		5.04%
Bank Loans
Industrial
Consumer Non-Cyclical		1.00%
Communications - Telecommunications		0.71%
Technology		0.63%
Capital Goods		0.54%
Energy		0.26%
Consumer Cyclical - Retailers		0.24%
Communications - Media		0.21%
Consumer Cyclical - Other		0.21%
Other Industrial		0.19%
Services		0.18%
Consumer Cyclical - Restaurants		0.11%
Consumer Cyclical - Entertainment		0.08%
Consumer Cyclical - Automotive		0.04%
SUBTOTAL		4.40%
Financial Institutions
Insurance		0.22%
SUBTOTAL		0.22%
Utility
Electric		0.17%
SUBTOTAL		0.17%
SUBTOTAL		4.79%
Interest Rate Futures		4.57%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.46%
Energy		0.76%
Consumer Cyclical - Other		0.62%
Communications - Telecommunications		0.40%
Capital Goods		0.35%
Consumer Non-Cyclical		0.16%
Communications - Media		0.07%
Services		0.03%
SUBTOTAL		3.85%
Utility
Electric		0.36%
SUBTOTAL		0.36%
Financial Institutions
Banking		0.05%
Insurance		0.04%
Other Finance		0.02%
Finance		0.02%
SUBTOTAL		0.13%
SUBTOTAL		4.34%
Global Governments		4.04%
Collateralized Loan Obligations
CLO - Floating Rate		1.83%
SUBTOTAL		1.83%
Common Stocks		1.75%
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.31%
SUBTOTAL		1.31%
Total Return Swaps		0.95%
Asset-Backed Securities
Other ABS - Fixed Rate		0.27%
Home Equity Loans - Fixed Rate		0.22%
Autos - Fixed Rate		0.17%
Home Equity Loans - Floating Rate		0.01%
SUBTOTAL		0.67%
Preferred Stocks
Industrial		0.34%
Financial Institutions		0.10%
SUBTOTAL		0.44%
Local Governments - US Municipal Bonds		0.34%
Inflation-Linked Securities		0.22%
Currency Instruments
Forward Currency Exchange Contracts		0.14%
SUBTOTAL		0.14%
Warrants		0.06%
Reverse Repurchase Agreements		-0.14%
Net Cash Equivalents
Investment Companies		1.18%
Foreign Currency		-0.02%
SUBTOTAL		1.16%
Derivative Offsets
Futures Offsets		-4.34%
Swaps Offsets		-28.29%
SUBTOTAL		-32.63%
Total		100.00%
Country Breakdown		Portfolio %
United States		72.13%
United Kingdom		3.21%
Canada		2.21%
Mexico		1.53%
France		1.48%
Brazil		1.23%
Luxembourg		1.17%
Egypt		0.95%
Spain		0.94%
Switzerland		0.85%
Nigeria		0.80%
Argentina		0.77%
Italy		0.75%
Ukraine		0.73%
Dominican Republic		0.67%
Bahrain		0.67%
Germany		0.59%
Ivory Coast		0.56%
Oman		0.55%
Zambia		0.52%
Colombia		0.50%
Finland		0.48%
Sweden		0.44%
Ghana		0.40%
Angola		0.39%
Netherlands		0.39%
Macau		0.36%
Senegal		0.36%
Gabon		0.34%
Jersey (Channel Islands)		0.30%
Australia		0.29%
El Salvador		0.27%
Denmark		0.25%
Jamaica		0.24%
Indonesia		0.24%
Hong Kong		0.24%
Israel		0.23%
Peru		0.22%
India		0.20%
China		0.18%
Ecuador		0.18%
Turkey		0.17%
Bermuda		0.16%
South Africa		0.15%
Chile		0.13%
Japan		0.11%
Trinidad & Tobago		0.08%
Venezuela		0.07%
Ireland		0.07%
Panama		0.06%
Guatemala		0.04%
Kuwait		0.04%
Morocco		0.04%
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		100.00%
Canadian Dollar		0.11%
Great British Pound		0.06%
Norwegian Krone		0.02%
Argentine Peso		0.01%
Indonesian Rupiah		0.01%
Malaysian Ringgit		0.01%
Singapore Dollar		0.01%
South African Rand		0.01%
Brazilian Real		-0.01%
Swiss Franc		-0.01%
Chilean Peso		-0.01%
Mexican Peso		-0.01%
Colombian Peso		-0.09%
Euro		-0.11%
Total Net Assets		100.00%
Credit Rating		Portfolio %
AAA		3.34%
AA		0.61%
A		0.79%
BBB		14.76%
BB		34.30%
B		26.72%
CCC		9.53%
CC		0.20%
C		0.16%
D		0.19%
Not Rated		4.88%
Short Term Investments		1.18%
Reverse Repurchase Agreements		-0.14%
N/A		3.48%
Total		100.00%
Bonds By Maturity		Portfolio %
Less than 1 year		8.13%
1 to 5 years		56.09%
5 to 10 years		24.39%
10 to 20 years		5.78%
20 to 30 years		3.56%
More Than 30 years		0.24%
Other		1.81%
Total Net Assets		100.00%
Portfolio Statistics:
Average Coupon:		7.08%
Average Bond Price:		104.15
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		28.08%
Preferred stock:		0.00%
Tender Option Bonds:		0.00%
VMTP Shares:		0.00%
Total Fund Leverage:		28.08%
Average Maturity:		5.37  Years
Effective Duration:		4.40  Years
Total Net Assets:		$1,126.21 Million
Net Asset Value:		$13.06
Number of Holdings:		1547
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.