AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, March 29, 2022 /PRNewswire/ -- AB Global High Income Fund [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of February 28, 2022.

AB Global High Income Fund
Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes 2.25%, 02/15/27		1.64%
2) U.S. Treasury Notes 2.875%, 08/15/28		1.12%
3) CCO Holdings 4.50%, 08/15/30 - 06/01/33		0.67%
4) CCO Holdings 4.75%, 02/01/32		0.67%
5) Dominican Repubic Intl Bond 8.625%, 04/20/27		0.61%
6) Altice France SA/France 5.125%, 07/15/29		0.54%
7) Sirius XM Radio, Inc. 4.00%, 07/15/28		0.52%
8) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28		0.50%
9) Altice Financing SA 5.75%, 08/15/29		0.49%
10) Vistra Operations Co. LLC 4.375%, 05/01/29		0.47%
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		6.74%
Consumer Non-Cyclical		6.33%
Communications - Media		6.24%
Basic		3.45%
Services		3.37%
Communications - Telecommunications		2.87%
Consumer Cyclical - Other		2.76%
Technology		2.68%
Capital Goods		2.63%
Consumer Cyclical - Entertainment		2.57%
Consumer Cyclical - Automotive		2.56%
Consumer Cyclical - Retailers		2.34%
Consumer Cyclical - Restaurants		0.77%
Transportation - Services		0.76%
Transportation - Airlines		0.34%
Other Industrial		0.16%
SUBTOTAL		46.57%
Credit Default Swaps		20.66%
Financial Institutions
Banking		2.27%
Finance		1.81%
REITs		1.42%
Insurance		0.64%
Other Finance		0.50%
Brokerage		0.48%
SUBTOTAL		7.12%
Utility
Electric		1.29%
Other Utility		0.18%
SUBTOTAL		1.47%
SUBTOTAL		75.82%
Corporates - Investment Grade
Financial Institutions
Banking		3.53%
Insurance		1.51%
Finance		0.67%
REITs		0.24%
Brokerage		0.12%
Other Finance		0.02%
SUBTOTAL		6.09%
Industrial
Basic		0.90%
Energy		0.72%
Communications - Telecommunications		0.70%
Transportation - Airlines		0.45%
Consumer Cyclical - Other		0.42%
Consumer Non-Cyclical		0.34%
Capital Goods		0.22%
Other Industrial		0.18%
Communications - Media		0.13%
Technology		0.12%
Consumer Cyclical - Automotive		0.11%
Services		0.07%
Consumer Cyclical - Retailers		0.05%
SUBTOTAL		4.41%
Utility
Electric		0.06%
SUBTOTAL		0.06%
SUBTOTAL		10.56%
Collateralized Mortgage Obligations
Risk Share Floating Rate		4.77%
Non-Agency Fixed Rate		0.47%
Non-Agency Floating Rate		0.39%
Agency Fixed Rate		0.35%
SUBTOTAL		5.98%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.48%
Non-Agency Fixed Rate CMBS		1.09%
Non-Agency Floating Rate CMBS		0.02%
SUBTOTAL		5.59%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.41%
Energy		0.80%
Consumer Cyclical - Other		0.64%
Capital Goods		0.44%
Consumer Non-Cyclical		0.42%
Communications - Telecommunications		0.36%
Technology		0.19%
Transportation - Services		0.07%
Services		0.06%
Communications - Media		0.04%
SUBTOTAL		4.43%
Utility
Electric		0.45%
SUBTOTAL		0.45%
Financial Institutions
REITs		0.30%
Banking		0.05%
Insurance		0.04%
Finance		0.02%
Other Finance		0.01%
SUBTOTAL		0.42%
SUBTOTAL		5.30%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		5.01%
Credit Default Swaps		0.24%
SUBTOTAL		5.25%
Bank Loans
Industrial
Technology		0.86%
Consumer Non-Cyclical		0.79%
Communications - Telecommunications		0.73%
Capital Goods		0.54%
Energy		0.42%
Other Industrial		0.30%
Consumer Cyclical - Retailers		0.26%
Communications - Media		0.23%
Consumer Cyclical - Other		0.21%
Services		0.17%
Consumer Cyclical - Restaurants		0.08%
Consumer Cyclical - Automotive		0.04%
SUBTOTAL		4.63%
Financial Institutions
Insurance		0.26%
Finance		0.02%
SUBTOTAL		0.28%
Utility
Electric		0.23%
SUBTOTAL		0.23%
SUBTOTAL		5.14%
Interest Rate Futures		4.53%
Collateralized Loan Obligations
CLO - Floating Rate		3.58%
SUBTOTAL		3.58%
Global Governments		3.48%
Common Stocks		1.70%
Total Return Swaps		1.42%
Quasi-Sovereigns
Quasi-Sovereign Bonds		0.95%
SUBTOTAL		0.95%
Local Governments - US Municipal Bonds		0.48%
Preferred Stocks
Industrial		0.37%
Financial Institutions		0.10%
SUBTOTAL		0.47%
Inflation-Linked Securities		0.23%
Asset-Backed Securities
Other ABS - Fixed Rate		0.13%
Autos - Fixed Rate		0.07%
SUBTOTAL		0.20%
Forward Currency Exchange Contracts
Currency Instruments		0.09%
SUBTOTAL		0.09%
Warrants		0.07%
Interest Rate Swaps		-0.02%
Reverse Repurchase Agreements		-0.10%
Cash & Cash Equivalents
Cash		1.88%
Funds and Investment Trusts		0.96%
SUBTOTAL		2.84%
Derivative Offsets
Futures Offsets		-4.48%
Swap Offsets		-29.08%
SUBTOTAL		-33.56%
TOTAL		100.00%
Country Breakdown		Portfolio %
United States		73.17%
United Kingdom		3.35%
Canada		1.96%
France		1.72%
Luxembourg		1.64%
Brazil		1.39%
Spain		1.20%
Mexico		1.16%
Germany		0.77%
Nigeria		0.77%
Italy		0.66%
Switzerland		0.63%
Bahrain		0.61%
Dominican Republic		0.61%
Colombia		0.55%
China		0.54%
Argentina		0.53%
India		0.48%
Israel		0.47%
Netherlands		0.47%
Cote D'Ivoire		0.44%
Finland		0.42%
Sweden		0.42%
Zambia		0.40%
Macau		0.36%
Oman		0.35%
Ghana		0.34%
Peru		0.32%
Angola		0.31%
Jersey (Channel Islands)		0.31%
Senegal		0.29%
Australia		0.28%
Egypt		0.28%
Ukraine		0.26%
Gabon		0.23%
Indonesia		0.22%
Jamaica		0.22%
Ireland		0.21%
Hong Kong		0.20%
Ecuador		0.19%
South Africa		0.19%
El Salvador		0.18%
Denmark		0.14%
Turkey		0.12%
Japan		0.11%
Chile		0.10%
Czech Republic		0.09%
Guatemala		0.08%
Panama		0.06%
Bermuda		0.04%
Kuwait		0.04%
Venezuela		0.04%
Morocco		0.03%
Belgium		0.02%
Cayman Islands		0.02%
Norway		0.01%
Total Investments		100.00%
Net Currency Exposure Breakdown		Portfolio %
US Dollar		100.34%
Canadian Dollar		0.12%
Argentine Peso		0.01%
Pound Sterling		0.01%
Norwegian Krone		0.01%
Singapore Dollar		0.01%
New Taiwan Dollar		0.01%
Australian Dollar		-0.01%
Chilean Peso		-0.01%
Chinese Yuan Renminbi (Offshore)		-0.01%
New Zealand Dollar		-0.01%
Polish Zloty		-0.01%
Colombian Peso		-0.10%
Euro		-0.36%
Total Net Assets		100.00%
Credit Rating		Portfolio %
AAA		4.51%
AA		0.12%
A		1.11%
BBB		13.24%
BB		37.55%
B		25.96%
CCC		8.25%
CC		0.16%
C		0.09%
D		0.17%
Not Rated		4.39%
Short Term Investments		0.96%
Reverse Repurchase Agreements		-0.11%
N/A		3.60%
Total		100.00%
Bonds by Maturity		Portfolio %
Less than 1 Year		4.32%
1 To 5 Years		38.52%
5 To 10 Years		46.03%
10 To 20 Years		5.09%
20 To 30 Years		2.59%
More than 30 Years		1.68%
Other		1.77%
Total Net Assets		100.00%
Portfolio Statistics:
Average Coupon:		6.94%
Average Bond Price:		97.88
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		27.43%
Preferred Stock:		0.00%
Tender Option Bonds:		0.00%
VMTP Shares:		0.00%
Total Fund Leverage:		27.43%
Average Maturity:		6.82 Years
Effective Duration:		4.38 Years
Total Net Assets:		$1,048.55 Million
Net Asset Value:		$12.16
Total Number of Holdings:		1,665
Portfolio Turnover:		51.00%
* 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.