AllianceBernstein Global High Income Fund, Inc. Reports First Quarter Earnings

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AllianceBernstein Global High Income Fund (AWF) reported its first-quarter earnings for the period ending June 30, 2020. Total net assets increased to $1,013,148,125, up from $926,184,406 on March 31, 2020. The net asset value per share was $11.75. The fund generated total net investment income of $12,695,526 ($0.15 per share) and realized gains of $91,212,323 ($1.06 per share) during the quarter. However, the net asset value saw a decrease compared to $13.17 per share a year ago.

Positive

• Total net assets increased by 9.4% from the previous quarter.
• Total net realized and unrealized gains were $91,212,323.

Negative

• Nav per share decreased from $13.17 a year ago to $11.75.
• Total net investment income declined from $15,376,628 a year ago.

NEW YORK, Aug. 28, 2020 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closed‑end investment company, today announced earnings for the first quarter ended June 30, 2020.

Total net assets of the Fund on June 30, 2020 were $1,013,148,125 as compared with $926,184,406 on March 31, 2020 and $1,135,779,375 on June 30, 2019. On June 30, 2020, the net asset value per share was $11.75 based on 86,229,677 shares of common stock outstanding.

	June 30, 2020	March 31, 2020	June 30, 2019
Total Net Assets	$1,013,148,125	$926,184,406	$1,135,779,375
NAV Per Share	$11.75	$10.74	$13.17
Shares Outstanding	86,229,677	86,229,677	86,229,677

For the period April 1, 2020 through June 30, 2020, total net investment income was $12,695,526 or $0.15 per share. The total net realized and unrealized gain was $91,212,323 or $1.06 per share for the same period.

	First Quarter       Ended June 30, 2020	Fourth Quarter       Ended March 31, 2020	First Quarter       Ended June 30, 2019
Total Net Investment   Income	$12,695,526	$12,878,676	$15,376,628
Per Share	$0.15	$0.15	$0.18
Total Net Realized/   Unrealized Gain/(Loss)	$91,212,323	$(223,349,437)	$20,756,451
Per Share	$1.06	$(2.59)	$0.24

AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P.

View original content:http://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-reports-first-quarter-earnings-301120467.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

FAQ

What were the total net assets of AWF as of June 30, 2020?

The total net assets of AllianceBernstein Global High Income Fund (AWF) were $1,013,148,125 as of June 30, 2020.

What was the earnings per share for AWF in the first quarter of 2020?

In the first quarter ended June 30, 2020, AWF reported earnings of $0.15 per share.

How much was the total net investment income for AWF for the first quarter of 2020?

The total net investment income for AWF for the first quarter of 2020 was $12,695,526.

What was the net asset value per share for AWF on June 30, 2020?

The net asset value (NAV) per share for AWF on June 30, 2020, was $11.75.