AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Feb. 22, 2022 /PRNewswire/ -- AB Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of January 31, 2022.

AB Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes  2.25%, 2/15/27		1.61%
2) U.S. Treasury Notes  2.875%, 8/15/28		1.13%
3) CCO Holdings LLC/CCO Holdings Capital Corp.  4.50%, 8/15/30 - 6/01/33		0.67%
4) CCO Holdings LLC/CCO Holdings Capital Corp.  4.75%, 2/01/32		0.64%
5) Dominican Republic International Bond  8.625%, 4/20/27		0.62%
6) Altice France SA/France  5.125%, 7/15/29		0.54%
7) Sirius XM Radio, Inc.  4.00%, 7/15/28		0.51%
8) Altice Financing SA  5.75%, 8/15/29		0.49%
9) Royal Caribbean Cruises Ltd.  5.50%, 8/31/26 - 4/01/28		0.48%
10) Vistra Operations Co. LLC  4.375%, 5/01/29		0.46%
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		6.60%
Consumer Non-Cyclical		6.29%
Communications - Media		6.12%
Services		3.53%
Basic		3.08%
Communications - Telecommunications		2.81%
Consumer Cyclical - Automotive		2.70%
Consumer Cyclical - Other		2.69%
Technology		2.62%
Capital Goods		2.56%
Consumer Cyclical - Entertainment		2.44%
Consumer Cyclical - Retailers		2.39%
Transportation - Services		0.69%
Consumer Cyclical - Restaurants		0.63%
Transportation - Airlines		0.32%
Other Industrial		0.18%
SUBTOTAL		45.65%
Credit Default Swaps		20.44%
SUBTOTAL		20.44%
Financial Institutions
Banking		2.26%
Finance		1.82%
REITs		1.38%
Insurance		0.75%
Other Finance		0.49%
Brokerage		0.47%
SUBTOTAL		7.17%
Utility
Electric		1.27%
Other Utility		0.18%
SUBTOTAL		1.45%
SUBTOTAL		74.71%
Corporates - Investment Grade
Financial Institutions
Banking		3.51%
Insurance		1.51%
Finance		0.69%
REITs		0.24%
Brokerage		0.12%
Other Finance		0.02%
SUBTOTAL		6.09%
Industrial
Basic		1.14%
Energy		0.71%
Communications - Telecommunications		0.69%
Consumer Cyclical - Other		0.59%
Transportation - Airlines		0.44%
Consumer Non-Cyclical		0.22%
Capital Goods		0.22%
Technology		0.17%
Other Industrial		0.17%
Communications - Media		0.13%
Consumer Cyclical - Automotive		0.11%
Services		0.07%
Consumer Cyclical - Retailers		0.03%
SUBTOTAL		4.69%
Utility
Electric		0.04%
SUBTOTAL		0.04%
SUBTOTAL		10.82%
Collateralized Mortgage Obligations
Risk Share Floating Rate		5.43%
Non-Agency Fixed Rate		0.48%
Non-Agency Floating Rate		0.39%
Agency Fixed Rate		0.35%
SUBTOTAL		6.65%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		5.59%
Credit Default Swaps		0.24%
SUBTOTAL		5.83%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.32%
Non-Agency Fixed Rate CMBS		1.07%
Non-Agency Floating Rate CMBS		0.02%
SUBTOTAL		5.41%
Bank Loans
Industrial
Technology		1.03%
Consumer Non-Cyclical		0.78%
Communications - Telecommunications		0.72%
Capital Goods		0.58%
Energy		0.42%
Other Industrial		0.29%
Consumer Cyclical - Retailers		0.25%
Communications - Media		0.22%
Consumer Cyclical - Other		0.21%
Services		0.16%
Consumer Cyclical - Restaurants		0.08%
Consumer Cyclical - Automotive		0.04%
SUBTOTAL		4.78%
Financial Institutions
Insurance		0.26%
Finance		0.02%
SUBTOTAL		0.28%
Utility
Electric		0.23%
SUBTOTAL		0.23%
SUBTOTAL		5.29%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.38%
Energy		0.79%
Consumer Cyclical - Other		0.56%
Consumer Non-Cyclical		0.41%
Capital Goods		0.41%
Communications - Telecommunications		0.34%
Technology		0.19%
Transportation - Services		0.07%
Services		0.07%
Communications - Media		0.04%
SUBTOTAL		4.26%
Financial Institutions
REITs		0.38%
Banking		0.13%
Insurance		0.04%
Finance		0.02%
Other Finance		0.01%
SUBTOTAL		0.58%
Utility
Electric		0.45%
SUBTOTAL		0.45%
SUBTOTAL		5.29%
Interest Rate Futures		4.50%
Global Governments		3.54%
Collateralized Loan Obligations
CLO - Floating Rate		3.28%
SUBTOTAL		3.28%
Common Stocks		1.83%
Total Return Swaps		0.91%
Quasi-Sovereigns
Quasi-Sovereign Bonds		0.89%
SUBTOTAL		0.89%
Preferred Stocks
Industrial		0.38%
Financial Institutions		0.10%
SUBTOTAL		0.48%
Local Governments - US Municipal Bonds		0.47%
Inflation-Linked Securities		0.22%
Asset-Backed Securities
Other ABS - Fixed Rate		0.14%
Autos - Fixed Rate		0.07%
SUBTOTAL		0.21%
Currency Instruments
Forward Currency Exchange Contracts		0.15%
SUBTOTAL		0.15%
Warrants		0.06%
Interest Rate Swaps		-0.03%
Reverse Repurchase Agreements		-0.41%
Net Cash Equivalents
Cash		1.61%
Investment Companies		0.70%
Foreign Currency		-0.03%
SUBTOTAL		2.28%
Derivative Offsets
Futures Offsets		-4.54%
Swaps Offsets		-27.84%
SUBTOTAL		-32.38%
Total		100.00%
Country Breakdown		Portfolio %
United States		72.71%
United Kingdom		3.24%
Canada		2.07%
France		1.65%
Luxembourg		1.63%
Brazil		1.46%
Spain		1.21%
Mexico		1.07%
Nigeria		0.78%
Germany		0.73%
Switzerland		0.66%
Italy		0.65%
Argentina		0.65%
Dominican Republic		0.62%
China		0.62%
Ukraine		0.62%
Bahrain		0.61%
Colombia		0.54%
Netherlands		0.50%
India		0.47%
Israel		0.47%
Ivory Coast		0.46%
Sweden		0.43%
Finland		0.42%
Zambia		0.39%
Ghana		0.37%
Oman		0.34%
Macau		0.34%
Peru		0.32%
Jersey (Channel Islands)		0.32%
Angola		0.31%
Senegal		0.31%
Egypt		0.29%
Australia		0.29%
Gabon		0.23%
Jamaica		0.22%
Indonesia		0.22%
Ireland		0.21%
Hong Kong		0.20%
South Africa		0.19%
Ecuador		0.18%
El Salvador		0.18%
Denmark		0.14%
Turkey		0.12%
Japan		0.11%
Chile		0.10%
Bermuda		0.08%
Panama		0.06%
Venezuela		0.04%
Kuwait		0.04%
Morocco		0.04%
Cayman Islands		0.02%
Belgium		0.02%
Czech Republic		0.02%
Guatemala		0.02%
Norway		0.01%
Total Investments		100.00%
Net Currency Exposure Breakdown		Portfolio %
United States Dollar		100.39%
Canadian Dollar		0.11%
Great British Pound		0.03%
Argentine Peso		0.01%
Norwegian Krone		0.01%
Singapore Dollar		0.01%
Swiss Franc		-0.01%
South Korean Won		-0.01%
New Zealand Dollar		-0.01%
Russian Rubles		-0.01%
Colombian Peso		-0.10%
Euro		-0.42%
Total Net Assets		100.00%
Credit Rating		Portfolio %
AAA		4.01%
AA		0.15%
A		1.60%
BBB		13.46%
BB		37.40%
B		25.79%
CCC		8.42%
CC		0.16%
C		0.10%
D		0.19%
Not Rated		4.44%
Short Term Investments		0.70%
Reverse Repurchase Agreements		-0.41%
N/A		3.99%
Total		100.00%
Bonds By Maturity		Portfolio %
Less than 1 year		6.97%
1 to 5 years		34.91%
5 to 10 years		45.98%
10 to 20 years		6.65%
20 to 30 years		2.64%
More Than 30 years		0.96%
Other		1.89%
Total Net Assets		100.00%
Portfolio Statistics:
Average Coupon:		6.94%
Average Bond Price:		99.73
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		27.49%
Preferred stock:		0.00%
Tender Option Bonds:		0.00%
VMTP Shares:		0.00%
Total Fund Leverage:		27.49%
Average Maturity:		6.56  Years
Effective Duration:		4.40  Years
Total Net Assets:		$1,075.80 Million
Net Asset Value:		$12.48
Number of Holdings:		1661
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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