AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Jan. 25, 2021 /PRNewswire/ -- AB Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of December 31,2020.

AB Global High Income Fund, Inc.

Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes  2.25%, 2/15/27		2.31%
2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/23		1.83%
3) U.S. Treasury Notes  2.875%, 8/15/28		1.45%
4) Argentine Republic Government International Bond  0.125%, 7/09/30 - 7/09/41		0.87%
5) Dominican Republic International Bond  8.625%, 4/20/27		0.65%
6) Colombian TES Series B 10.00%, 7/24/24		0.58%
7) Nigeria Government International Bond  7.625%, 11/21/25 - 11/28/47		0.53%
8) Ukraine Government International Bond  7.75%, 9/01/22 - 9/01/24		0.50%
9) U.S. Treasury Bonds  5.25%, 2/15/29		0.40%
10) First Quantum Minerals Ltd.  7.25%, 4/01/23		0.39%
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		4.77%
Communications - Media		3.59%
Consumer Non-Cyclical		3.54%
Basic		2.64%
Consumer Cyclical - Automotive		2.62%
Capital Goods		2.50%
Consumer Cyclical - Other		2.48%
Services		2.30%
Technology		2.17%
Communications - Telecommunications		2.01%
Consumer Cyclical - Retailers		1.79%
Consumer Cyclical - Entertainment		1.75%
Transportation - Services		0.47%
Other Industrial		0.33%
Consumer Cyclical - Restaurants		0.29%
Transportation - Airlines		0.19%
SUBTOTAL		33.44%
Credit Default Swaps		26.60%
SUBTOTAL		26.60%
Financial Institutions
Banking		2.30%
Finance		0.97%
Insurance		0.90%
REITS		0.86%
Brokerage		0.47%
Other Finance		0.44%
SUBTOTAL		5.94%
Utility
Electric		0.60%
SUBTOTAL		0.60%
SUBTOTAL		66.58%
Corporates - Investment Grade
Financial Institutions
Banking		4.65%
Insurance		1.90%
Finance		0.74%
REITS		0.42%
Other Finance		0.02%
SUBTOTAL		7.73%
Industrial
Energy		0.96%
Consumer Cyclical - Other		0.91%
Basic		0.83%
Transportation - Airlines		0.56%
Consumer Cyclical - Automotive		0.40%
Consumer Non-Cyclical		0.39%
Technology		0.28%
Capital Goods		0.19%
Other Industrial		0.19%
Services		0.12%
Communications - Media		0.07%
Consumer Cyclical - Retailers		0.05%
SUBTOTAL		4.95%
SUBTOTAL		12.68%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		10.91%
Credit Default Swaps		0.46%
SUBTOTAL		11.37%
Collateralized Mortgage Obligations
Risk Share Floating Rate		7.87%
Non-Agency Fixed Rate		0.59%
Non-Agency Floating Rate		0.49%
Agency Fixed Rate		0.45%
SUBTOTAL		9.40%
Global Governments		6.51%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.82%
Non-Agency Fixed Rate CMBS		1.20%
Non-Agency Floating Rate CMBS		0.09%
SUBTOTAL		6.11%
Interest Rate Futures		5.29%
Bank Loans
Industrial
Consumer Non-Cyclical		1.10%
Technology		0.73%
Services		0.57%
Capital Goods		0.53%
Consumer Cyclical - Other		0.47%
Communications - Media		0.31%
Communications - Telecommunications		0.29%
Other Industrial		0.25%
Consumer Cyclical - Retailers		0.16%
Consumer Cyclical - Restaurants		0.11%
Consumer Cyclical - Entertainment		0.08%
Consumer Cyclical - Automotive		0.07%
Basic		0.05%
Energy		0.05%
Transportation - Airlines		0.02%
SUBTOTAL		4.79%
Utility
Electric		0.18%
SUBTOTAL		0.18%
Financial Institutions
Insurance		0.12%
SUBTOTAL		0.12%
SUBTOTAL		5.09%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.67%
Energy		0.79%
Consumer Cyclical - Other		0.54%
Consumer Non-Cyclical		0.43%
Capital Goods		0.24%
Communications - Telecommunications		0.23%
Communications - Media		0.08%
Transportation - Services		0.04%
SUBTOTAL		4.02%
Utility
Electric		0.38%
SUBTOTAL		0.38%
Financial Institutions
Insurance		0.07%
Banking		0.05%
Finance		0.02%
SUBTOTAL		0.14%
SUBTOTAL		4.54%
Emerging Markets - Treasuries		1.83%
Common Stocks		1.45%
Collateralized Loan Obligations
CLO - Floating Rate		1.43%
SUBTOTAL		1.43%
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.39%
SUBTOTAL		1.39%
Total Return Swaps		0.98%
Asset-Backed Securities
Other ABS - Fixed Rate		0.44%
Autos - Fixed Rate		0.27%
Home Equity Loans - Fixed Rate		0.25%
Home Equity Loans - Floating Rate		0.01%
SUBTOTAL		0.97%
Investment Companies
Funds and Investment Trusts		0.51%
SUBTOTAL		0.51%
Preferred Stocks
Financial Institutions		0.23%
Industrial		0.10%
SUBTOTAL		0.33%
Local Governments - US Municipal Bonds		0.32%
Inflation-Linked Securities		0.26%
Warrants		0.04%
Reverse Repurchase Agreements		-0.06%
Equity Futures
Equity Index Futures		-0.10%
SUBTOTAL		-0.10%
Currency Instruments
Forward Currency Exchange Contracts		-0.24%
SUBTOTAL		-0.24%
Net Cash Equivalents
Investment Companies		0.66%
Cash		0.36%
Governments - Treasuries		0.33%
Foreign Currency		-0.02%
SUBTOTAL		1.33%
Derivative Offsets
Futures Offsets		-5.24%
Swaps Offsets		-32.77%
SUBTOTAL		-38.01%
Total		100.00%
Country Breakdown		Portfolio %
United States		64.50%
Brazil		4.49%
United Kingdom		2.63%
Canada		1.86%
Mexico		1.81%
Egypt		1.39%
Colombia		1.15%
France		1.07%
Luxembourg		1.06%
Dominican Republic		1.04%
Cayman Islands		0.98%
Italy		0.97%
Argentina		0.92%
Netherlands		0.88%
Switzerland		0.86%
Nigeria		0.85%
Ukraine		0.82%
Bahrain		0.74%
Russia		0.67%
Ivory Coast		0.64%
Spain		0.60%
Zambia		0.53%
Kenya		0.49%
Ireland		0.49%
Oman		0.45%
Gabon		0.45%
South Africa		0.43%
Senegal		0.42%
Angola		0.41%
Bermuda		0.41%
Finland		0.39%
Ghana		0.39%
Sweden		0.37%
Macau		0.31%
El Salvador		0.30%
Costa Rica		0.28%
Jersey (Channel Islands)		0.27%
Ecuador		0.27%
Denmark		0.26%
Honduras		0.25%
Indonesia		0.25%
Peru		0.25%
Germany		0.25%
Hong Kong		0.23%
Israel		0.22%
India		0.20%
Turkey		0.18%
Chile		0.18%
Mongolia		0.16%
Jamaica		0.14%
Australia		0.13%
Japan		0.11%
Kazakhstan		0.07%
Venezuela		0.07%
Guatemala		0.06%
Jordan		0.06%
United Arab Emirates		0.06%
Iraq		0.06%
Morocco		0.05%
Kuwait		0.04%
China		0.03%
Lebanon		0.03%
Sri Lanka		0.02%
Pakistan		0.02%
Belgium		0.02%
Norway		0.01%
Total Investments		100.00%
Net Currency Exposure Breakdown		Portfolio %
United States Dollar		98.34%
South African Rand		0.49%
Brazilian Real		0.42%
Egypt Pound		0.41%
Indonesian Rupiah		0.25%
Euro		0.11%
Great British Pound		0.05%
Canadian Dollar		0.03%
Argentine Peso		0.02%
Nigerian Naira		0.02%
Indian Rupee		0.01%
Mexican Peso		0.01%
Malaysian Ringgit		0.01%
Norwegian Krone		0.01%
Taiwan New Dollar		0.01%
Swiss Franc		-0.01%
Chilean Peso		-0.01%
Russian Rubles		-0.06%
Colombian Peso		-0.11%
Total Net Assets		100.00%
Credit Rating		Portfolio %
AAA		5.48%
AA		0.91%
A		0.83%
BBB		19.02%
BB		28.95%
B		25.39%
CCC		9.16%
CC		0.47%
C		0.11%
D		0.62%
Not Rated		5.49%
Short Term Investments		0.99%
Reverse Repurchase Agreements		-0.06%
N/A		2.64%
Total		100.00%
Bonds By Maturity		Portfolio %
Less than 1 year		6.70%
1 to 5 years		59.21%
5 to 10 years		21.49%
10 to 20 years		6.69%
20 to 30 years		3.95%
More Than 30 years		0.47%
Other		1.49%
Total Net Assets		100.00%
Portfolio Statistics:
Average Coupon:		7.58%
Average Bond Price:		105.48
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		40.58%
Preferred stock:		0.00%
Tender Option Bonds:		0.00%
VMTP Shares:		0.00%
Total Fund Leverage:		40.58%
Average Maturity:		5.45  Years
Effective Duration:		4.30  Years
Total Net Assets:		$1,120.52 Million
Net Asset Value:		$12.99
Number of Holdings:		1718
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 AllianceBernstein Global High Income Fund, Inc.