AllianceBernstein Global High Income Fund, Inc. Releases Monthly Portfolio Update

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AllianceBernstein Global High Income Fund (NYSE: AWF) has released its monthly portfolio update as of October 31, 2024. The fund's total net assets stand at $978.89 Million with a net asset value of $11.35. The portfolio consists of 1,252 holdings with an average coupon of 7.34% and average bond price of 96.09.

The fund's portfolio is primarily invested in non-investment grade corporates (75.44%), with significant allocations in investment grade corporates (14.47%) and emerging markets corporate bonds (6.15%). Geographically, the US dominates with 67.52% allocation. The fund maintains a total leverage of 15.10% through investment operations, with an effective duration of 3.13 years and average maturity of 4.89 years.

NEW YORK, Nov. 25, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of October 31, 2024.

AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings		Portfolio %
1) U.S. Treasury Notes 2.25%, 02/15/27		1.06 %
2) CCO Holdings 4.50%, 08/15/30 - 06/01/33		0.78 %
3) CCO Holdings 4.75%, 02/01/32		0.62 %
4) Dominican Republic Intl Bond 8.625%, 04/20/27		0.60 %
5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28		0.53 %
6) AMMC CLO 25 Ltd. 11.406%, 04/15/35		0.51 %
7) DaVita, Inc. 4.625%, 06/01/30		0.45 %
8) Altice France SA 5.125%, 01/15/29 - 07/15/29		0.43 %
9) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28		0.43 %
10) Palmer Square CLO Ltd. 11.068%, 01/15/35		0.42 %
Investment Type		Portfolio %
Corporates - Non-Investment Grade
Industrial
Consumer Non-Cyclical		7.47 %
Energy		7.21 %
Communications - Media		6.49 %
Capital Goods		4.78 %
Basic		4.53 %
Consumer Cyclical - Other		3.67 %
Consumer Cyclical - Retailers		3.42 %
Communications - Telecommunications		3.31 %
Services		3.09 %
Consumer Cyclical - Automotive		2.39 %
Technology		2.07 %
Consumer Cyclical - Entertainment		1.75 %
Transportation - Services		1.35 %
Transportation - Airlines		0.89 %
Consumer Cyclical - Restaurants		0.52 %
Other Industrial		0.44 %
SUBTOTAL		53.38 %
Credit Default Swaps		14.46 %
Financial Institutions
Finance		2.11 %
Brokerage		1.16 %
REITs		1.12 %
Insurance		0.96 %
Other Finance		0.57 %
Banking		0.50 %
SUBTOTAL		6.42 %
Utility
Electric		1.12 %
Natural Gas		0.06 %
SUBTOTAL		1.18 %
SUBTOTAL		75.44 %
Corporates - Investment Grade
Industrial
Communications - Media		1.36 %
Energy		1.24 %
Consumer Cyclical - Automotive		0.79 %
Consumer Cyclical - Other		0.71 %
Basic		0.67 %
Consumer Non-Cyclical		0.46 %
Capital Goods		0.42 %
Consumer Cyclical - Entertainment		0.31 %
Consumer Cyclical - Retailers		0.29 %
Transportation - Services		0.22 %
Transportation - Airlines		0.18 %
Other Industrial		0.05 %
Services		0.03 %
Technology		0.03 %
Transportation - Railroads		0.03 %
SUBTOTAL		6.79 %
Financial Institutions
Banking		3.99 %
Insurance		1.00 %
Finance		0.65 %
REITs		0.37 %
Brokerage		0.17 %
SUBTOTAL		6.18 %
Utility
Electric		1.45 %
Other Utility		0.05 %
SUBTOTAL		1.50 %
SUBTOTAL		14.47 %
Emerging Markets - Corporate Bonds
Industrial
Basic		1.87 %
Energy		1.14 %
Consumer Cyclical - Other		0.97 %
Consumer Non-Cyclical		0.76 %
Capital Goods		0.23 %
Communications - Telecommunications		0.20 %
Consumer Cyclical - Retailers		0.14 %
Communications - Media		0.09 %
Transportation - Services		0.07 %
Other Industrial		0.03 %
Consumer Cyclical - Automotive		0.02 %
Services		0.02 %
SUBTOTAL		5.54 %
Utility
Electric		0.42 %
Other Utility		0.07 %
SUBTOTAL		0.49 %
Financial Institutions
Banking		0.12 %
SUBTOTAL		0.12 %
SUBTOTAL		6.15 %
Interest Rate Futures		3.44 %
Bank Loans
Industrial
Consumer Non-Cyclical		0.85 %
Technology		0.52 %
Communications - Media		0.44 %
Communications - Telecommunications		0.39 %
Transportation - Airlines		0.23 %
Capital Goods		0.21 %
Energy		0.15 %
Consumer Cyclical - Retailers		0.05 %
Other Industrial		0.05 %
Consumer Cyclical - Restaurants		0.02 %
SUBTOTAL		2.91 %
Financial Institutions
Insurance		0.32 %
Finance		0.02 %
SUBTOTAL		0.34 %
SUBTOTAL		3.25 %
Collateralized Loan Obligations
CLO - Floating Rate		3.17 %
SUBTOTAL		3.17 %
Collateralized Mortgage Obligations
Risk Share Floating Rate		1.57 %
Non-Agency Fixed Rate		0.31 %
Non-Agency Floating Rate		0.29 %
Agency Fixed Rate		0.22 %
SUBTOTAL		2.39 %
Emerging Markets - Sovereigns		2.35 %
U.S. Govt & Agency Securities		1.63 %
Quasi-Sovereigns
Quasi-Sovereign Bonds		1.21 %
SUBTOTAL		1.21 %
Local Governments - US Municipal Bonds		0.39 %
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS		0.36 %
SUBTOTAL		0.36 %
Asset-Backed Securities
Other ABS - Floating Rate		0.24 %
Autos - Fixed Rate		0.08 %
SUBTOTAL		0.32 %
Inflation-Linked Securities		0.22 %
Common Stocks		0.13 %
Preferred Stocks
Industrials		0.09 %
SUBTOTAL		0.09 %
Forward Currency Exchange Contracts
Currency Instruments		-0.01 %
SUBTOTAL		-0.01 %
EM Government Agencies		-0.60 %
Reverse Repurchase Agreements		-0.90 %
Cash & Cash Equivalents
Funds and Investment Trusts		1.78 %
Cash		1.54 %
SUBTOTAL		3.32 %
Derivative Offsets
Futures Offsets		-3.47 %
Swap Offsets		-13.35 %
SUBTOTAL		-16.82 %
TOTAL		100.00 %
Country Breakdown		Portfolio %
United States		67.52 %
United Kingdom		3.23 %
Canada		2.44 %
France		2.33 %
Germany		1.63 %
Brazil		1.47 %
Colombia		1.36 %
Mexico		1.32 %
Spain		1.25 %
Italy		1.22 %
Luxembourg		1.13 %
India		0.97 %
Dominican Republic		0.86 %
Israel		0.83 %
Chile		0.78 %
Australia		0.68 %
South Africa		0.68 %
China		0.61 %
Peru		0.58 %
Nigeria		0.53 %
Hong Kong		0.52 %
Macau		0.51 %
Netherlands		0.51 %
Puerto Rico		0.38 %
Turkey		0.38 %
Kazakhstan		0.36 %
Angola		0.32 %
Finland		0.32 %
Switzerland		0.31 %
Ireland		0.30 %
Indonesia		0.25 %
Jersey (Channel Islands)		0.25 %
Egypt		0.24 %
Panama		0.21 %
Slovenia		0.21 %
Norway		0.19 %
Romania		0.19 %
Zambia		0.17 %
Ukraine		0.16 %
El Salvador		0.12 %
Guatemala		0.12 %
Azerbaijan		0.11 %
Ecuador		0.10 %
Malaysia		0.08 %
Cayman Islands		0.07 %
Japan		0.07 %
Jamaica		0.05 %
United Republic of Tanzania		0.05 %
Argentina		0.04 %
Czech Republic		0.04 %
Kuwait		0.04 %
Morocco		0.04 %
Serbia		0.03 %
Uzbekistan		0.03 %
Trinidad and Tobago		0.02 %
Cash & Cash Equivalents		1.79 %
Total Investments		100.00 %
Net Currency Exposure Breakdown		Portfolio %
US Dollar		100.09 %
Canadian Dollar		0.19 %
Pound Sterling		0.10 %
Dominican Peso		0.07 %
Norwegian Krone		0.02 %
Brazilian Real		0.01 %
Indonesian Rupiah		0.01 %
Australian Dollar		-0.01 %
Chinese Yuan Renminbi (Offshore)		-0.01 %
Czech Koruna		-0.01 %
Colombian Peso		-0.12 %
Euro		-0.34 %
Total Net Assets		100.00 %
Credit Rating		Portfolio %
AAA		1.34 %
AA		0.24 %
A		1.14 %
BBB		15.55 %
BB		45.83 %
B		22.37 %
CCC		7.57 %
CC		0.18 %
D		0.02 %
Not Rated		2.77 %
Short Term Investments		1.78 %
Reverse Repurchase Agreements		-0.90 %
N/A		2.11 %
Total		100.00 %
Bonds by Maturity		Portfolio %
Less than 1 Year		7.20 %
1 To 5 Years		63.03 %
5 To 10 Years		25.25 %
10 To 20 Years		2.27 %
20 To 30 Years		1.65 %
More than 30 Years		0.47 %
Other		0.13 %
Total Net Assets		100.00 %
Portfolio Statistics:
Average Coupon:		7.34 %
Average Bond Price:		96.09
Percentage of Leverage(based on gross assets):
Bank Borrowing:		0.00 %
Investment Operations:*		15.10 %
Preferred Stock:		0.00 %
Tender Option Bonds:		0.00 %
VMTP Shares:		0.00 %
VRDP Shares:		0.00 %
Total Fund Leverage:		15.10 %
Average Maturity:		4.89 Years
Effective Duration:		3.13 Years
Total Net Assets:		$978.89 Million
Net Asset Value:		$11.35
Total Number of Holdings:		1,252
Portfolio Turnover:		45.00 %
* 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.

FAQ

What is the current net asset value (NAV) of AllianceBernstein Global High Income Fund (AWF) as of October 2024?

The net asset value (NAV) of AllianceBernstein Global High Income Fund (AWF) is $11.35 as of October 31, 2024.

What is the total portfolio leverage of AWF in October 2024?

The total fund leverage is 15.10%, entirely consisting of investment operations leverage.

What is AWF's largest investment category as of October 2024?

Non-Investment Grade Corporates is the largest investment category, representing 75.44% of the portfolio.

What is the geographic distribution of AWF's investments as of October 2024?

The United States represents the largest geographic allocation at 67.52%, followed by the United Kingdom at 3.23% and Canada at 2.44%.

What is the average maturity and duration of AWF's portfolio in October 2024?

The fund has an average maturity of 4.89 years and an effective duration of 3.13 years.