ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC. REPORTS THIRD QUARTER EARNINGS

Rhea-AI Summary

AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) reported its third-quarter earnings for the period ending December 31, 2022. The total net assets of the fund increased to $894,747,987 from $872,213,880 in September 2022, but declined from $1,107,356,837 a year earlier. The net asset value per share rose to $10.38 compared to $10.12 in the previous quarter, yet decreased from $12.84 the prior year. During the quarter, total net investment income reached $15,507,694 ($0.18 per share), and realized and unrealized gains totaled $38,043,228 ($0.44 per share).

Positive

• Total net assets increased by $22,534,107 from the prior quarter.
• NAV per share rose from $10.12 to $10.38.

Negative

• Total net assets declined by $212,608,850 compared to the same quarter last year.
• NAV per share decreased from $12.84 to $10.38 year-over-year.

NEW YORK, Feb. 24, 2023 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closed‑end investment company, today announced earnings for the third quarter ended December 31, 2022.

Total net assets of the Fund on December 31, 2022 were $894,747,987 as compared with $872,213,880 on  September 30, 2022 and $1,107,356,837 on December 31, 2021. On December 31, 2022, the net asset value per share was $10.38 based on 86,229,677 shares of common stock outstanding. 

	December 31, 2022	September 30, 2022	December 31, 2021
Total Net Assets	$894,747,987	$872,213,880	$1,107,356,837
NAV Per Share	$10.38	$10.12	$12.84
Shares Outstanding	86,229,677	86,229,677	86,229,677

For the period October 1, 2022 through December 31, 2022, total net investment income was $15,507,694 or $0.18 per share. The total net realized and unrealized gain was $38,043,228 or $0.44 per share for the same period.

	Third Quarter       Ended December 31, 2022	Second Quarter       Ended September 30, 2022	Third Quarter       Ended December 31, 2021
Total Net Investment Income	$15,507,694	$14,430,202	$11,229,751
Per Share	$0.18	$0.17	$0.13
Total Net Realized/Unrealized Gain/(Loss)	$38,043,228	$(29,030,797)	$(6,488,352)
Per Share	$0.44	$(0.33)	$(0.08)

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

View original content:https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-reports-third-quarter-earnings-301755789.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

FAQ

What were the total net assets for AWF as of December 31, 2022?

The total net assets for AllianceBernstein Global High Income Fund (AWF) as of December 31, 2022, were $894,747,987.

What was the NAV per share for AWF recently?

The NAV per share for AWF on December 31, 2022, was $10.38.

How much net investment income did AWF report for Q3 2022?

AWF reported total net investment income of $15,507,694, which equals $0.18 per share for the third quarter of 2022.

What were the realized and unrealized gains for AWF in Q3 2022?

The total realized and unrealized gains for AWF in Q3 2022 were $38,043,228, or $0.44 per share.