AllianceBernstein Closed-End Funds Announce Distribution Rates

NEW YORK, Sept. 27, 2021 /PRNewswire/ -- AB Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of August 31,2021.

AB Global High Income Fund, Inc.

Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes  2.25%, 2/15/27		1.80%
2) U.S. Treasury Notes  2.875%, 8/15/28		1.27%
3) CCO Holdings LLC/CCO Holdings Capital Corp.  4.50%, 8/15/30 - 6/01/33		0.70%
4) Dominican Republic International Bond  8.625%, 4/20/27		0.62%
5) Sirius XM Radio, Inc.  4.00%, 7/15/28		0.59%
6) Altice France SA/France  5.125%, 7/15/29		0.56%
7) Altice Financing SA  5.75%, 8/15/29		0.51%
8) Argentine Republic Government International Bond  1.125%, 7/09/35		0.50%
9) Royal Caribbean Cruises Ltd.  5.50%, 8/31/26 - 4/01/28		0.48%
10) Nigeria Government International Bond  7.625%, 11/21/25 - 11/28/47		0.47%
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Energy		6.84%
Communications - Media		5.77%
Consumer Non-Cyclical		5.27%
Services		3.47%
Basic		3.10%
Communications - Telecommunications		2.99%
Consumer Cyclical - Automotive		2.93%
Technology		2.79%
Consumer Cyclical - Other		2.70%
Capital Goods		2.63%
Consumer Cyclical - Entertainment		2.38%
Consumer Cyclical - Retailers		2.19%
Consumer Cyclical - Restaurants		0.65%
Transportation - Services		0.53%
Transportation - Airlines		0.47%
Other Industrial		0.18%
SUBTOTAL		44.89%
Credit Default Swaps		21.72%
SUBTOTAL		21.72%
Financial Institutions
Banking		2.23%
Finance		1.69%
REITS		1.26%
Insurance		0.89%
Brokerage		0.29%
Other Finance		0.24%
SUBTOTAL		6.60%
Utility
Electric		1.01%
Other Utility		0.14%
SUBTOTAL		1.15%
SUBTOTAL		74.36%
Corporates - Investment Grade
Financial Institutions
Banking		3.59%
Insurance		1.69%
Finance		0.57%
Brokerage		0.12%
REITS		0.12%
Other Finance		0.02%
SUBTOTAL		6.11%
Industrial
Basic		0.94%
Communications - Telecommunications		0.75%
Consumer Cyclical - Other		0.55%
Energy		0.50%
Consumer Non-Cyclical		0.49%
Transportation - Airlines		0.43%
Technology		0.32%
Capital Goods		0.21%
Other Industrial		0.17%
Consumer Cyclical - Automotive		0.11%
Communications - Media		0.05%
Consumer Cyclical - Retailers		0.04%
Services		0.02%
SUBTOTAL		4.58%
SUBTOTAL		10.69%
Collateralized Mortgage Obligations
Risk Share Floating Rate		6.30%
Non-Agency Fixed Rate		0.49%
Non-Agency Floating Rate		0.43%
Agency Fixed Rate		0.37%
SUBTOTAL		7.59%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns		7.20%
Credit Default Swaps		0.23%
SUBTOTAL		7.43%
Commercial Mortgage-Backed Securities
Credit Default Swaps		4.02%
Non-Agency Fixed Rate CMBS		1.02%
Non-Agency Floating Rate CMBS		0.02%
SUBTOTAL		5.06%
Emerging Markets - Corporate Bonds
Industrial
Basic		1.57%
Energy		0.76%
Consumer Cyclical - Other		0.62%
Communications - Telecommunications		0.40%
Capital Goods		0.34%
Consumer Non-Cyclical		0.16%
Communications - Media		0.07%
Services		0.03%
SUBTOTAL		3.95%
Utility
Electric		0.36%
SUBTOTAL		0.36%
Financial Institutions
REITS		0.13%
Banking		0.05%
Insurance		0.04%
Other Finance		0.02%
Finance		0.02%
SUBTOTAL		0.26%
SUBTOTAL		4.57%
Interest Rate Futures		4.55%
Bank Loans
Industrial
Consumer Non-Cyclical		0.86%
Communications - Telecommunications		0.71%
Technology		0.63%
Capital Goods		0.54%
Energy		0.26%
Consumer Cyclical - Retailers		0.24%
Communications - Media		0.21%
Consumer Cyclical - Other		0.20%
Services		0.18%
Other Industrial		0.17%
Consumer Cyclical - Restaurants		0.07%
Consumer Cyclical - Automotive		0.04%
SUBTOTAL		4.11%
Financial Institutions
Insurance		0.22%
SUBTOTAL		0.22%
Utility
Electric		0.22%
SUBTOTAL		0.22%
SUBTOTAL		4.55%
Global Governments		3.91%
Collateralized Loan Obligations
CLO - Floating Rate		1.83%
SUBTOTAL		1.83%
Common Stocks		1.80%
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.35%
SUBTOTAL		1.35%
Total Return Swaps		0.95%
Asset-Backed Securities
Other ABS - Fixed Rate		0.25%
Home Equity Loans - Fixed Rate		0.21%
Autos - Fixed Rate		0.17%
Home Equity Loans - Floating Rate		0.01%
SUBTOTAL		0.64%
Local Governments - US Municipal Bonds		0.47%
Preferred Stocks
Industrial		0.34%
Financial Institutions		0.10%
SUBTOTAL		0.44%
Inflation-Linked Securities		0.23%
Warrants		0.05%
Currency Instruments
Forward Currency Exchange Contracts		0.01%
SUBTOTAL		0.01%
Reverse Repurchase Agreements		-0.06%
Net Cash Equivalents
Investment Companies		1.48%
Cash		0.71%
Foreign Currency		-0.02%
SUBTOTAL		2.17%
Derivative Offsets
Futures Offsets		-4.53%
Swaps Offsets		-28.06%
SUBTOTAL		-32.59%
Total		100.00%
Country Breakdown		Portfolio %
United States		72.27%
United Kingdom		2.84%
Canada		2.21%
Luxembourg		1.52%
France		1.48%
Mexico		1.43%
Brazil		1.24%
Spain		0.94%
Switzerland		0.85%
Argentina		0.82%
Nigeria		0.80%
Egypt		0.74%
Ukraine		0.72%
Germany		0.72%
Bahrain		0.67%
Dominican Republic		0.63%
Italy		0.58%
Ivory Coast		0.57%
Zambia		0.52%
Colombia		0.51%
Oman		0.51%
Finland		0.48%
Sweden		0.44%
Ghana		0.40%
Netherlands		0.40%
Angola		0.40%
China		0.38%
Senegal		0.36%
Macau		0.36%
Gabon		0.34%
Australia		0.30%
Jersey (Channel Islands)		0.30%
El Salvador		0.27%
Turkey		0.26%
Jamaica		0.25%
Indonesia		0.24%
Hong Kong		0.24%
Israel		0.23%
Peru		0.23%
India		0.20%
Ecuador		0.18%
Bermuda		0.17%
South Africa		0.15%
Denmark		0.13%
Chile		0.13%
Japan		0.11%
Panama		0.10%
Trinidad & Tobago		0.09%
Venezuela		0.07%
Ireland		0.07%
Kuwait		0.04%
Morocco		0.04%
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		100.48%
Canadian Dollar		0.11%
Great British Pound		0.02%
Argentine Peso		0.01%
Indian Rupee		0.01%
Malaysian Ringgit		0.01%
Norwegian Krone		0.01%
Polish Zloty		0.01%
Russian Rubles		0.01%
Brazilian Real		-0.01%
Chinese Yuan Renminbi (Offshore)		-0.01%
Japanese Yen		-0.01%
New Zealand Dollar		-0.01%
Colombian Peso		-0.10%
Euro		-0.53%
Total Net Assets		100.00%
Credit Rating		Portfolio %
AAA		3.19%
AA		0.31%
A		0.82%
BBB		14.97%
BB		33.79%
B		27.07%
CCC		8.73%
CC		0.21%
C		0.14%
D		0.21%
Not Rated		4.86%
Short Term Investments		1.48%
Reverse Repurchase Agreements		-0.06%
N/A		4.28%
Total		100.00%
Bonds By Maturity		Portfolio %
Less than 1 year		9.42%
1 to 5 years		54.96%
5 to 10 years		24.62%
10 to 20 years		5.42%
20 to 30 years		3.49%
More Than 30 years		0.24%
Other		1.85%
Total Net Assets		100.00%
Portfolio Statistics:
Average Coupon:		6.98%
Average Bond Price:		104.08
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00%
Investment Operations:		27.32%
Preferred stock:		0.00%
Tender Option Bonds:		0.00%
VMTP Shares:		0.00%
Total Fund Leverage:		27.32%
Average Maturity:		5.35  Years
Effective Duration:		4.38  Years
Total Net Assets:		$1,129.28 Million
Net Asset Value:		$13.10
Number of Holdings:		1563
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 AllianceBernstein Closed-End Funds