AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Oct. 26, 2020 /PRNewswire/ -- AB Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of September 30,2020.

 

AB Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes  2.25%, 2/15/27		2.49%
2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/21		1.74%
3) U.S. Treasury Notes  2.875%, 8/15/28		1.57%
4) Argentine Republic Government International Bond  0.125%, 7/09/30 - 7/09/41		0.96%
5) Indonesia Treasury Bond Series FR78 8.25%, 5/15/29		0.70%
6) Dominican Republic International Bond  8.625%, 4/20/27		0.64%
7) Colombian TES Series B 10.00%, 7/24/24		0.56%
8) Ukraine Government International Bond  7.75%, 9/01/22 - 9/01/24		0.49%
9) U.S. Treasury Bonds  5.25%, 2/15/29		0.44%
10) Oman Government International Bond  4.125%, 1/17/23		0.40%
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		3.35%
Communications - Media		3.24%
Consumer Non-Cyclical		3.10%
Basic		2.96%
Consumer Cyclical - Other		2.82%
Capital Goods		2.50%
Services		2.10%
Consumer Cyclical - Automotive		2.05%
Communications - Telecommunications		2.01%
Consumer Cyclical - Retailers		1.62%
Technology		1.59%
Consumer Cyclical - Entertainment		1.49%
Transportation - Services		0.54%
Other Industrial		0.33%
Consumer Cyclical - Restaurants		0.31%
Transportation - Airlines		0.17%
SUBTOTAL		30.18%
Credit Default Swaps		29.12%
SUBTOTAL		29.12%
Financial Institutions
Banking		2.53%
Finance		0.93%
REITS		0.77%
Insurance		0.71%
Brokerage		0.49%
Other Finance		0.44%
SUBTOTAL		5.87%
Utility
Electric		0.59%
SUBTOTAL		0.59%
SUBTOTAL		65.76%
Corporates - Investment Grade
Financial Institutions
Banking		5.38%
Insurance		2.00%
Finance		0.57%
REITS		0.44%
Brokerage		0.14%
Other Finance		0.02%
SUBTOTAL		8.55%
Industrial
Energy		1.47%
Basic		1.01%
Consumer Cyclical - Other		0.91%
Technology		0.74%
Consumer Cyclical - Automotive		0.73%
Transportation - Airlines		0.49%
Consumer Non-Cyclical		0.41%
Transportation - Services		0.34%
Communications - Telecommunications		0.29%
Services		0.26%
Other Industrial		0.18%
Capital Goods		0.18%
Communications - Media		0.13%
Consumer Cyclical - Retailers		0.06%
SUBTOTAL		7.20%
Utility
Electric		0.06%
SUBTOTAL		0.06%
SUBTOTAL		15.81%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		10.16%
Credit Default Swaps		0.47%
SUBTOTAL		10.63%
Collateralized Mortgage Obligations
Risk Share Floating Rate		8.42%
Non-Agency Fixed Rate		0.67%
Non-Agency Floating Rate		0.56%
Agency Fixed Rate		0.52%
SUBTOTAL		10.17%
Global Governments		7.91%
Interest Rate Futures		6.36%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.57%
Non-Agency Fixed Rate CMBS		1.32%
Non-Agency Floating Rate CMBS		0.09%
SUBTOTAL		5.98%
Bank Loans
Industrial
Consumer Non-Cyclical		1.14%
Technology		0.85%
Capital Goods		0.55%
Consumer Cyclical - Other		0.53%
Services		0.52%
Consumer Cyclical - Retailers		0.27%
Energy		0.20%
Communications - Media		0.16%
Other Industrial		0.13%
Consumer Cyclical - Restaurants		0.11%
Communications - Telecommunications		0.10%
Consumer Cyclical - Entertainment		0.08%
Consumer Cyclical - Automotive		0.08%
Basic		0.05%
Transportation - Airlines		0.02%
SUBTOTAL		4.79%
Utility
Electric		0.19%
SUBTOTAL		0.19%
Financial Institutions
Insurance		0.13%
Finance		0.03%
SUBTOTAL		0.16%
SUBTOTAL		5.14%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.21%
Energy		0.71%
Consumer Cyclical - Other		0.48%
Consumer Non-Cyclical		0.41%
Communications - Telecommunications		0.28%
Capital Goods		0.23%
Communications - Media		0.08%
Transportation - Services		0.05%
SUBTOTAL		3.45%
Utility
Electric		0.39%
SUBTOTAL		0.39%
Financial Institutions
Banking		0.05%
Insurance		0.01%
SUBTOTAL		0.06%
SUBTOTAL		3.90%
Emerging Markets - Treasuries		1.74%
Total Return Swaps		1.37%
Collateralized Loan Obligations
CLO - Floating Rate		1.32%
SUBTOTAL		1.32%
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.10%
SUBTOTAL		1.10%
Asset-Backed Securities
Other ABS - Fixed Rate		0.51%
Autos - Fixed Rate		0.28%
Home Equity Loans - Fixed Rate		0.28%
Home Equity Loans - Floating Rate		0.01%
SUBTOTAL		1.08%
Common Stocks		1.06%
Investment Companies
Funds and Investment Trusts		0.52%
SUBTOTAL		0.52%
Local Governments - US Municipal Bonds		0.37%
Inflation-Linked Securities		0.25%
Preferred Stocks
Financial Institutions		0.12%
Industrial		0.09%
Utility		0.01%
SUBTOTAL		0.22%
Currency Instruments
Forward Currency Exchange Contracts		0.06%
SUBTOTAL		0.06%
Warrants		0.02%
Options Purchased - Puts
Swaptions		0.01%
SUBTOTAL		0.01%
Whole Loan Trusts
Performing Asset		0.01%
SUBTOTAL		0.01%
Reverse Repurchase Agreements		-0.05%
Net Cash Equivalents
Cash		1.99%
Investment Companies		0.59%
Governments - Treasuries		0.27%
Foreign Currency		-0.03%
SUBTOTAL		2.82%
Derivative Offsets
Futures Offsets		-6.38%
Swaps Offsets		-37.18%
SUBTOTAL		-43.56%
Total		100.00%
Country Breakdown		Portfolio %
United States		65.19%
Brazil		4.56%
United Kingdom		2.55%
Canada		1.62%
Mexico		1.60%
Egypt		1.32%
Netherlands		1.20%
France		1.13%
Colombia		1.12%
Argentina		1.01%
Dominican Republic		1.01%
Cayman Islands		0.97%
Italy		0.91%
Switzerland		0.88%
Luxembourg		0.84%
Indonesia		0.79%
Ukraine		0.78%
Bahrain		0.75%
Spain		0.70%
Russia		0.68%
Nigeria		0.57%
Ireland		0.55%
Ivory Coast		0.50%
Kenya		0.49%
Oman		0.47%
South Africa		0.42%
Finland		0.39%
United Arab Emirates		0.38%
Zambia		0.37%
Angola		0.37%
Bermuda		0.36%
Sweden		0.34%
Gabon		0.32%
Germany		0.30%
Costa Rica		0.30%
Ecuador		0.30%
Honduras		0.29%
El Salvador		0.29%
Macau		0.29%
Denmark		0.27%
Ghana		0.27%
Senegal		0.26%
Mongolia		0.26%
Israel		0.22%
Hong Kong		0.20%
Chile		0.18%
Norway		0.16%
Turkey		0.16%
Australia		0.15%
Jamaica		0.14%
Peru		0.11%
Japan		0.10%
China		0.08%
Kazakhstan		0.07%
Sri Lanka		0.07%
Guatemala		0.06%
Venezuela		0.06%
Jordan		0.06%
Iraq		0.06%
Morocco		0.05%
Kuwait		0.04%
Lebanon		0.04%
Pakistan		0.02%
Total Investments		100.00%
Net Currency Exposure Breakdown		Portfolio %
United States Dollar		100.70%
Japanese Yen		0.73%
Indian Rupee		0.31%
Egypt Pound		0.27%
Russian Rubles		0.18%
Nigerian Naira		0.09%
Mexican Peso		0.05%
Great British Pound		0.03%
Argentine Peso		0.02%
Colombian Peso		0.02%
South Korean Won		0.01%
Malaysian Ringgit		0.01%
Norwegian Krone		0.01%
Swedish Krona		0.01%
Taiwan New Dollar		0.01%
Australian Dollar		-0.01%
Swiss Franc		-0.01%
Chilean Peso		-0.01%
Polish Zloty		-0.01%
Indonesian Rupiah		-0.03%
Canadian Dollar		-0.12%
Euro		-0.73%
Brazilian Real		-1.53%
Total Net Assets		100.00%
Credit Rating		Portfolio %
AAA		6.71%
AA		1.39%
A		1.54%
BBB		22.27%
BB		26.45%
B		21.99%
CCC		8.30%
CC		0.46%
C		0.10%
D		0.30%
Not Rated		6.08%
Short Term Investments		0.86%
Reverse Repurchase Agreements		-0.05%
N/A		3.60%
Total		100.00%
Bonds By Maturity		Portfolio %
Less than 1 year		6.01%
1 to 5 years		55.05%
5 to 10 years		26.66%
10 to 20 years		7.50%
20 to 30 years		3.31%
More Than 30 years		0.39%
Other		1.08%
Total Net Assets		100.00%
Portfolio Statistics:
Average Coupon:		7.60%
Average Bond Price:		101.47
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		44.44%
Preferred stock:		0.00%
Tender Option Bonds:		0.00%
VMTP Shares:		0.00%
Total Fund Leverage:		44.44%
Average Maturity:		5.77  Years
Effective Duration:		4.51  Years
Total Net Assets:		$1,048.21 Million
Net Asset Value:		$12.16
Number of Holdings:		1608
Portfolio Turnover:		32%

* 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.