ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND NEW YORK , Aug. 21, 2015 /PRNewswire/ -- AB Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of July 31, 2015.
AB Global High Income Fund, Inc.
Top 10 Fixed Income Holdings Portfolio %
1) U.S. Treasury Notes 1.25%, 1/31/20 11.54%
2) U.S. Treasury Bonds 8.125%, 5/15/21 3.02%
3) Brazil Notas do Tesouro Nacional Series F
10.00%, 1/01/17 -1/01/25 2.45%
4) Wachovia Mortgage Loan Trust Series
2006-ALT1 Series 2006-ALT1, Class A2 0.367%,
1/25/37 0.95%
5) Dominican Republic International Bond
8.625%, 4/20/27 0.83%
6) U.S. Treasury Bonds 5.25%, 2/15/29 0.65%
7) El Salvador Government International Bond
7.65%, 6/15/35 0.59%
8) Ivory Coast Government International Bond
5.75%, 12/31/32 0.59%
9) Dominican Republic International Bond
16.00%, 7/10/20 0.53%
10) U.S. Treasury Bonds 5.00%, 5/15/37 0.41%
Investment Type Portfolio %
Corporates - Non-Investment Grade
Industrial
Consumer Non-Cyclical 7.16%
Energy 5.99%
Communications - Media 5.95%
Capital Goods 3.62%
Technology 3.60%
Basic 3.51%
Consumer Cyclical - Other 3.49%
Communications - Telecommunications 3.32%
Consumer Cyclical - Retailers 2.57%
Consumer Cyclical - Automotive 1.89%
Other Industrial 1.45%
Transportation - Services 0.87%
Services 0.70%
Consumer Cyclical - Entertainment 0.58%
Transportation - Airlines 0.44%
Consumer Cyclical - Restaurants 0.39%
SUBTOTAL 45.53%
Financial Institutions
Banking 3.94%
Finance 1.40%
Insurance 0.83%
Other Finance 0.73%
REITS 0.29%
Brokerage 0.24%
SUBTOTAL 7.43%
Credit Default Swaps 3.18%
SUBTOTAL 3.18%
Utility
Electric 1.91%
SUBTOTAL 1.91%
SUBTOTAL 58.05%
Global Governments 21.95%
Collateralized Mortgage Obligations
Non-Agency Fixed Rate 3.43%
GSE Risk Share Floating Rate 3.21%
Non-Agency Floating Rate 2.98%
SUBTOTAL 9.62%
Corporates - Investment Grade
Financial Institutions
Insurance 1.54%
Banking 1.16%
Finance 0.66%
REITS 0.47%
Brokerage 0.10%
SUBTOTAL 3.93%
Industrial
Basic 1.76%
Energy 0.73%
Communications - Media 0.41%
Communications - Telecommunications 0.27%
Other Industrial 0.20%
Transportation - Airlines 0.16%
Capital Goods 0.15%
Consumer Non-Cyclical 0.11%
Consumer Cyclical - Other 0.02%
SUBTOTAL 3.81%
Credit Default Swaps 0.70%
SUBTOTAL 0.70%
Utility
Electric 0.38%
Natural Gas 0.11%
SUBTOTAL 0.49%
SUBTOTAL 8.93%
Emerging Markets - Sovereigns 3.65%
Bank Loans
Industrial
Consumer Cyclical - Other 0.48%
Basic 0.43%
Other Industrial 0.39%
Consumer Cyclical - Retailers 0.38%
Consumer Non-Cyclical 0.27%
Consumer Cyclical - Entertainment 0.23%
Energy 0.19%
Communications - Media 0.18%
Technology 0.14%
Capital Goods 0.11%
Consumer Cyclical - Automotive 0.07%
SUBTOTAL 2.87%
Financial Institutions
Other Finance 0.13%
Insurance 0.04%
SUBTOTAL 0.17%
Utility
Electric 0.17%
SUBTOTAL 0.17%
SUBTOTAL 3.21%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 3.10%
SUBTOTAL 3.10%
Emerging Markets - Corporate Bonds
Industrial
Consumer Non-Cyclical 0.77%
Basic 0.61%
Capital Goods 0.49%
Consumer Cyclical - Retailers 0.33%
Transportation - Airlines 0.28%
Communications - Telecommunications 0.19%
Communications - Media 0.14%
Consumer Cyclical - Other 0.03%
SUBTOTAL 2.84%
Utility
Electric 0.15%
SUBTOTAL 0.15%
Financial Institutions
Finance 0.10%
SUBTOTAL 0.10%
SUBTOTAL 3.09%
Preferred Stocks
Financial Institutions 1.79%
Utility 0.03%
Industrial 0.01%
SUBTOTAL 1.83%
Governments - Sovereign Agencies 1.33%
Local Governments - Municipal Bonds 0.96%
Asset-Backed Securities
Home Equity Loans - Fixed Rate 0.77%
Home Equity Loans - Floating Rate 0.18%
SUBTOTAL 0.95%
Whole Loan Trusts
Performing Asset 0.80%
SUBTOTAL 0.80%
Common Stocks 0.71%
Emerging Markets - Treasuries 0.71%
Quasi-Sovereigns
Quasi-Sovereign Bonds 0.44%
SUBTOTAL 0.44%
Currency Instruments
Forward Currency Exchange Contracts 0.35%
SUBTOTAL 0.35%
Investment Companies
Funds and Investment Trusts 0.22%
SUBTOTAL 0.22%
Agencies
Agency Subordinated 0.14%
SUBTOTAL 0.14%
Inflation-Linked Securities 0.07%
Warrants 0.01%
Interest Rate Swaps - SIFMA -8.75%
Reverse Repurchase Agreements -18.11%
Net Cash Equivalents
Cash 1.01%
Investment Companies 0.44%
SUBTOTAL 1.45%
Derivative Offsets
Swaps Offsets 5.29%
SUBTOTAL 5.29%
100.00%
Country Breakdown Portfolio %
United States 70.93%
Brazil 4.57%
United Kingdom 3.24%
Canada 1.87%
Mexico 1.46%
Ireland 1.42%
Dominican Republic 1.41%
Netherlands 1.18%
France 1.16%
Luxembourg 1.08%
South Africa 0.93%
Germany 0.75%
Italy 0.71%
Switzerland 0.69%
Ivory Coast 0.60%
El Salvador 0.57%
United Arab Emirates 0.57%
Indonesia 0.54%
Colombia 0.44%
Bermuda 0.42%
Venezuela 0.38%
Australia 0.34%
Croatia 0.32%
Spain 0.31%
India 0.30%
Philippines 0.26%
Hong Kong 0.25%
New Zealand 0.22%
Jamaica 0.22%
Portugal 0.21%
Norway 0.20%
Turkey 0.20%
Kazakhstan 0.18%
Barbados 0.18%
Macau 0.17%
Trinidad & Tobago 0.15%
Bahrain 0.14%
Zambia 0.13%
Bulgaria 0.13%
Ghana 0.13%
Lebanon 0.11%
Pakistan 0.11%
Belgium 0.09%
Sri Lanka 0.09%
Sweden 0.09%
Argentina 0.08%
Guatemala 0.08%
Denmark 0.08%
Peru 0.07%
Uruguay 0.06%
Morocco 0.05%
Chile 0.05%
Kenya 0.05%
Serbia 0.03%
Total Investments 100.00%
Net Currency Exposure Breakdown Portfolio %
United States Dollar 101.02%
Japanese Yen 2.01%
Brazilian Real 1.43%
Indonesian Rupiah 0.98%
Dominican Peso 0.53%
New Turkish Lira 0.50%
Philippine Peso 0.30%
Indian Rupee 0.26%
Hungarian Forint 0.16%
Uruguayan Peso 0.07%
Great British Pound 0.03%
Mexican Peso 0.02%
South African Rand 0.01%
Colombian Peso -0.02%
Norwegian Krone -0.02%
Taiwan New Dollar -0.50%
South Korean Won -0.99%
Malaysian Ringgit -0.99%
Euro -1.88%
Australian Dollar -2.92%
Total Net Assets 100.00%
Credit Rating Portfolio %
AAA -0.27%
AA 0.64%
A 2.23%
BBB 16.25%
BB 28.04%
B 25.31%
CCC 14.60%
CC 0.85%
C 0.02%
D 0.69%
Not Rated 7.12%
Short Term Investments 0.44%
N/A 4.08%
100.00%
Bonds By Maturity Portfolio %
Less than 1 year -6.10%
1 to 5 years 45.98%
5 to 10 years 43.39%
10 to 20 years 8.70%
20 to 30 years 5.43%
More than 30 years 1.88%
Other 0.72%
Total Net Assets 100.00%
Portfolio Statistics:
Average Coupon: 7.17%
Average Bond Price : 99.55
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 31.54%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 31.54%
Average Maturity: 8.58 Years
Effective Duration: 4.96 Years
Total Net Assets: $1,176.34 Million
Net Asset Value: $13.64
Number of Holdings: 1175
Portfolio Turnover: 48%
* 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 AB Global High Income Fund, Inc.
