AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Nov. 22, 2021 /PRNewswire/ -- AB Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of October 31, 2021.

AB Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes  2.25%, 2/15/27		1.79%
2) U.S. Treasury Notes  2.875%, 8/15/28		1.26%
3) CCO Holdings LLC/CCO Holdings Capital Corp.  4.50%, 8/15/30 - 6/01/33		0.69%
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		0.52%
7) Altice Financing SA  5.75%, 8/15/29		0.50%
8) Royal Caribbean Cruises Ltd.  5.50%, 8/31/26 - 4/01/28		0.49%
9) Nigeria Government International Bond  7.625%, 11/21/25 - 11/28/47		0.46%
10) Vistra Operations Co. LLC  4.375%, 5/01/29		0.45%
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		7.33%
Consumer Non-Cyclical		6.28%
Communications - Media		5.56%
Services		3.51%
Basic		3.02%
Communications - Telecommunications		2.94%
Consumer Cyclical - Other		2.88%
Consumer Cyclical - Automotive		2.80%
Capital Goods		2.65%
Consumer Cyclical - Entertainment		2.57%
Technology		2.53%
Consumer Cyclical - Retailers		2.23%
Transportation - Services		0.70%
Consumer Cyclical - Restaurants		0.64%
Transportation - Airlines		0.49%
Other Industrial		0.19%
SUBTOTAL		46.32%
Credit Default Swaps		20.29%
SUBTOTAL		20.29%
Financial Institutions
Banking		2.25%
Finance		1.67%
REITs		1.41%
Insurance		0.89%
Brokerage		0.39%
Other Finance		0.23%
SUBTOTAL		6.84%
Utility
Electric		1.30%
SUBTOTAL		1.30%
SUBTOTAL		74.75%
Corporates - Investment Grade
Financial Institutions
Banking		3.47%
Insurance		1.68%
Finance		0.62%
REITs		0.26%
Brokerage		0.12%
Other Finance		0.02%
SUBTOTAL		6.17%
Industrial
Basic		1.00%
Communications - Telecommunications		0.68%
Energy		0.57%
Consumer Cyclical - Other		0.54%
Consumer Non-Cyclical		0.50%
Transportation - Airlines		0.44%
Technology		0.26%
Capital Goods		0.22%
Other Industrial		0.15%
Consumer Cyclical - Automotive		0.11%
Communications - Media		0.10%
Services		0.04%
Consumer Cyclical - Retailers		0.03%
SUBTOTAL		4.64%
Utility
Electric		0.01%
SUBTOTAL		0.01%
SUBTOTAL		10.82%
Collateralized Mortgage Obligations
Risk Share Floating Rate		5.94%
Non-Agency Fixed Rate		0.49%
Non-Agency Floating Rate		0.40%
Agency Fixed Rate		0.36%
SUBTOTAL		7.19%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		6.84%
Credit Default Swaps		0.23%
SUBTOTAL		7.07%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.08%
Non-Agency Fixed Rate CMBS		1.04%
Non-Agency Floating Rate CMBS		0.02%
SUBTOTAL		5.14%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.47%
Energy		0.77%
Consumer Cyclical - Other		0.57%
Capital Goods		0.34%
Communications - Telecommunications		0.34%
Consumer Non-Cyclical		0.16%
Technology		0.14%
Services		0.07%
Communications - Media		0.04%
SUBTOTAL		3.90%
Financial Institutions
REITs		0.49%
Banking		0.05%
Insurance		0.04%
Other Finance		0.02%
Finance		0.02%
SUBTOTAL		0.62%
Utility
Electric		0.37%
SUBTOTAL		0.37%
SUBTOTAL		4.89%
Bank Loans
Industrial
Technology		0.85%
Consumer Non-Cyclical		0.76%
Communications - Telecommunications		0.71%
Capital Goods		0.56%
Other Industrial		0.28%
Consumer Cyclical - Retailers		0.24%
Communications - Media		0.22%
Consumer Cyclical - Other		0.20%
Services		0.18%
Consumer Cyclical - Restaurants		0.08%
Energy		0.05%
Consumer Cyclical - Automotive		0.04%
SUBTOTAL		4.17%
Utility
Electric		0.23%
SUBTOTAL		0.23%
Financial Institutions
Insurance		0.22%
SUBTOTAL		0.22%
SUBTOTAL		4.62%
Interest Rate Futures		4.56%
Global Governments		3.87%
Collateralized Loan Obligations
CLO - Floating Rate		2.06%
SUBTOTAL		2.06%
Common Stocks		1.84%
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.20%
SUBTOTAL		1.20%
Total Return Swaps		0.91%
Asset-Backed Securities
Other ABS - Fixed Rate		0.24%
Home Equity Loans - Fixed Rate		0.21%
Autos - Fixed Rate		0.07%
SUBTOTAL		0.52%
Local Governments - US Municipal Bonds		0.47%
Preferred Stocks
Industrial		0.37%
Financial Institutions		0.10%
SUBTOTAL		0.47%
Inflation-Linked Securities		0.23%
Currency Instruments
Forward Currency Exchange Contracts		0.11%
SUBTOTAL		0.11%
Warrants		0.06%
Reverse Repurchase Agreements		-0.35%
Net Cash Equivalents
Investment Companies		0.89%
Cash		0.37%
Foreign Currency		-0.02%
SUBTOTAL		1.24%
Derivative Offsets
Futures Offsets		-4.62%
Swaps Offsets		-27.05%
SUBTOTAL		-31.67%
Total		100.00%
Country Breakdown		Portfolio %
United States		71.76%
United Kingdom		3.28%
Canada		2.22%
France		1.66%
Luxembourg		1.54%
Brazil		1.32%
Mexico		1.24%
Spain		1.24%
Nigeria		0.77%
Argentina		0.73%
Germany		0.73%
China		0.71%
Ukraine		0.71%
Egypt		0.69%
Bahrain		0.67%
Switzerland		0.65%
Dominican Republic		0.62%
Italy		0.57%
Colombia		0.55%
Ivory Coast		0.54%
Zambia		0.52%
Oman		0.50%
Finland		0.47%
Sweden		0.42%
Netherlands		0.41%
Ghana		0.39%
Angola		0.38%
Senegal		0.35%
India		0.34%
Gabon		0.34%
Macau		0.33%
Peru		0.32%
Jersey (Channel Islands)		0.30%
Australia		0.29%
El Salvador		0.24%
Israel		0.23%
Jamaica		0.22%
Indonesia		0.22%
Hong Kong		0.21%
South Africa		0.19%
Ecuador		0.17%
Ireland		0.16%
Denmark		0.13%
Turkey		0.12%
Japan		0.10%
Chile		0.10%
Bermuda		0.08%
Venezuela		0.07%
Panama		0.06%
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		100.21%
Canadian Dollar		0.11%
Great British Pound		0.02%
Norwegian Krone		0.02%
Argentine Peso		0.01%
Malaysian Ringgit		0.01%
Russian Rubles		0.01%
Singapore Dollar		0.01%
South African Rand		0.01%
Swiss Franc		-0.01%
Chilean Peso		-0.01%
Taiwan New Dollar		-0.01%
Colombian Peso		-0.10%
Euro		-0.28%
Total Net Assets		100.00%
Credit Rating		Portfolio %
AAA		4.11%
AA		0.30%
A		0.72%
BBB		14.78%
BB		35.10%
B		27.48%
CCC		8.62%
CC		0.19%
C		0.15%
D		0.19%
Not Rated		4.89%
Short Term Investments		0.89%
Reverse Repurchase Agreements		-0.35%
N/A		2.93%
Total		100.00%
Bonds By Maturity		Portfolio %
Less than 1 year		10.00%
1 to 5 years		47.23%
5 to 10 years		31.39%
10 to 20 years		5.93%
20 to 30 years		3.30%
More Than 30 years		0.25%
Other		1.90%
Total Net Assets		100.00%
Portfolio Statistics:
Average Coupon:		6.99%
Average Bond Price:		102.48
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		27.17%
Preferred stock:		0.00%
Tender Option Bonds:		0.00%
VMTP Shares:		0.00%
Total Fund Leverage:		27.17%
Average Maturity:		5.71  Years
Effective Duration:		4.43  Years
Total Net Assets:		$1,113.04 Million
Net Asset Value:		$12.91
Number of Holdings:		1648
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.