ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND NEW YORK, Jan. 26, 2015 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of December 31, 2014.
AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed Income Holdings Portfolio %
1) U.S. Treasury Notes 1.625%, 8/31/19 5.69%
2) U.S. Treasury Notes 1.50%, 10/31/19 5.65%
3) Brazil Notas do Tesouro Nacional Series F
10.00%, 1/01/17 1.31%
4) Dominican Republic International Bond 8.625%,
4/20/27 0.82%
5) U.S. Treasury Bonds 5.25%, 2/15/29 0.64%
6) El Salvador Government International Bond
7.65%, 6/15/35 0.62%
7) Ivory Coast Government International Bond
5.75%, 12/31/32 0.60%
8) Argentina Boden Bonds 7.00%, 10/03/15 0.52%
9) Dominican Republic International Bond 16.00%,
7/10/20 0.52%
10) South Africa Government Bond Series R207
7.25%, 1/15/20 0.43%
Investment Type Portfolio %
Corporates - Non-Investment Grades
Industrial
Energy 7.20%
Consumer Non-Cyclical 7.10%
Communications - Media 6.53%
Capital Goods 5.11%
Technology 4.63%
Basic 4.28%
Communications - Telecommunications 3.65%
Consumer Cyclical - Other 3.59%
Consumer Cyclical - Retailers 2.21%
Other Industrial 2.12%
Consumer Cyclical - Automotive 1.60%
Services 1.12%
Transportation - Services 0.92%
Consumer Cyclical - Entertainment 0.64%
Transportation - Airlines 0.53%
Consumer Cyclical - Restaurants 0.38%
SUBTOTAL 51.61%
Financial Institutions
Banking 3.69%
Finance 1.57%
Other Finance 1.12%
Insurance 1.05%
Brokerage 0.36%
REITS 0.15%
SUBTOTAL 7.94%
Utility
Electric 2.50%
SUBTOTAL 2.50%
Credit Default Swaps 0.26%
Non Corporate Sectors
Agencies - Not Government Guaranteed 0.14%
SUBTOTAL 0.14%
SUBTOTAL 62.45%
Global Governments 17.28%
Corporates - Investment Grades
Financial Institutions
Insurance 1.56%
Banking 1.44%
Finance 0.67%
REITS 0.46%
SUBTOTAL 4.13%
Industrial
Basic 1.87%
Energy 0.39%
Other Industrial 0.30%
Communications - Telecommunications 0.27%
Capital Goods 0.17%
Communications - Media 0.15%
Consumer Non-Cyclical 0.13%
Transportation - Airlines 0.08%
Consumer Cyclical - Automotive 0.04%
Consumer Cyclical - Other 0.02%
SUBTOTAL 3.42%
Credit Default Swaps 0.68%
Non Corporate Sectors
Agencies - Not Government Guaranteed 0.20%
Energy 0.04%
SUBTOTAL 0.24%
Utility
Natural Gas 0.11%
SUBTOTAL 0.11%
SUBTOTAL 8.58%
Collateralized Mortgage Obligations
Non-Agency Fixed Rate 3.47%
Non-Agency Floating Rate 2.19%
GSE Risk Share Floating Rate 1.52%
SUBTOTAL 7.18%
Bank Loans
Industrial
Other Industrial 0.63%
Consumer Cyclical - Automotive 0.61%
Consumer Non-Cyclical 0.59%
Consumer Cyclical - Other 0.41%
Consumer Cyclical - Retailers 0.31%
Basic 0.30%
Consumer Cyclical - Entertainment 0.23%
Capital Goods 0.21%
Energy 0.20%
Communications - Media 0.18%
Technology 0.17%
SUBTOTAL 3.84%
Financial Institutions
Other Finance 0.13%
Insurance 0.04%
SUBTOTAL 0.17%
Utility
Electric 0.17%
SUBTOTAL 0.17%
Non Corporate Sectors
Foreign Local Government - Municipal 0.07%
SUBTOTAL 0.07%
SUBTOTAL 4.25%
Emerging Markets - Corporate Bonds
Industrial
Consumer Non-Cyclical 0.88%
Basic 0.73%
Capital Goods 0.58%
Consumer Cyclical - Retailers 0.27%
Transportation - Airlines 0.27%
Consumer Cyclical - Other 0.18%
Communications - Media 0.14%
Communications - Telecommunications 0.14%
Energy 0.12%
SUBTOTAL 3.31%
Utility
Electric 0.14%
SUBTOTAL 0.14%
Non Corporate Sectors
Agencies - Not Government Guaranteed 0.12%
SUBTOTAL 0.12%
Financial Institutions
Finance 0.11%
SUBTOTAL 0.11%
SUBTOTAL 3.68%
Emerging Markets - Sovereigns
Emerging Markets - Sovereigns 3.89%
Credit Default Swaps -0.47%
SUBTOTAL 3.42%
Preferred Stocks
Financial Institutions 2.62%
Industrial 0.05%
Utility 0.03%
SUBTOTAL 2.70%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 2.23%
Non-Agency Floating Rate CMBS 0.02%
SUBTOTAL 2.25%
Emerging Markets - Treasuries 0.97%
Local Governments - Municipal Bonds 0.96%
Whole Loan Trusts
Performing Asset 0.91%
SUBTOTAL 0.91%
Governments - Sovereign Agencies 0.90%
Asset-Backed Securities
Home Equity Loans - Fixed Rate 0.66%
Home Equity Loans - Floating Rate 0.14%
SUBTOTAL 0.80%
Common Stocks 0.68%
Total Return Swaps 0.62%
Quasi-Sovereigns
Quasi-Sovereign Bonds 0.59%
SUBTOTAL 0.59%
Local Governments - Regional Bonds 0.32%
Currency Instruments
Forward Currency Exchange Contracts 0.28%
SUBTOTAL 0.28%
Investment Companies
Funds and Investment Trusts 0.18%
SUBTOTAL 0.18%
Inflation-Linked Securities 0.06%
Interest Rate Swaps - SIFMA -13.56%
Reverse Repurchase Agreements -17.87%
Net Cash Equivalents
Investment Companies 1.35%
Repurchase Agreements -0.20%
Cash -1.74%
SUBTOTAL -0.59%
Derivative Offsets
Swaps Offsets 12.96%
SUBTOTAL 12.96%
Total Fixed Income 100.00%
Country Breakdown Portfolio %
United States 69.52%
United Kingdom 3.56%
Brazil 3.38%
Canada 1.81%
Ireland 1.58%
Luxembourg 1.55%
Dominican Republic 1.41%
France 1.38%
Netherlands 1.20%
Germany 1.10%
Mexico 1.09%
Italy 0.84%
Switzerland 0.82%
South Africa 0.78%
Indonesia 0.69%
Colombia 0.58%
El Salvador 0.57%
Ivory Coast 0.51%
Australia 0.46%
Argentina 0.44%
Bermuda 0.40%
Portugal 0.40%
Venezuela 0.40%
Spain 0.39%
Norway 0.36%
Kazakhstan 0.34%
Peru 0.33%
Croatia 0.31%
India 0.30%
Philippines 0.25%
United Arab Emirates 0.25%
Hong Kong 0.25%
Turkey 0.20%
Costa Rica 0.17%
Barbados 0.17%
Singapore 0.16%
Zambia 0.14%
Bahrain 0.14%
Bulgaria 0.12%
Japan 0.12%
Ghana 0.12%
Macau 0.12%
Pakistan 0.11%
Romania 0.10%
Lebanon 0.10%
China 0.09%
Jamaica 0.09%
Mongolia 0.09%
Trinidad & Tobago 0.09%
Denmark 0.08%
Belgium 0.08%
Sweden 0.08%
Guatemala 0.07%
Sri Lanka 0.06%
Morocco 0.05%
Kenya 0.05%
Uruguay 0.05%
Chile 0.05%
Serbia 0.03%
Virgin Islands (BVI) 0.02%
Total Investments 100.00%
Net Currency Exposure Breakdown Portfolio %
United States Dollar 100.02%
Brazilian Real 2.00%
Indonesian Rupiah 1.03%
Peruvian Nuevo Sol 1.02%
Mexican Peso 0.99%
South African Rand 0.79%
New Turkish Lira 0.78%
Dominican Peso 0.52%
Colombian Peso 0.46%
Philippine Peso 0.30%
Indian Rupee 0.26%
Costa Rican Colon 0.21%
Hungarian Forint 0.17%
Uruguayan Peso 0.06%
Swiss Franc 0.04%
Great British Pound -0.63%
Japanese Yen -2.43%
Euro -2.53%
Australian Dollar -3.06%
Total Investments 100.00%
Credit Rating Portfolio %
AAA -4.19%
AA 0.34%
A 2.59%
BBB 13.78%
BB 29.69%
B 31.87%
CCC 15.92%
CC 0.85%
C 0.01%
D 0.62%
Not Rated 4.30%
Short Term Investments 1.16%
N/A 3.06%
Total Investments 100.00%
Bonds By Maturity Portfolio %
Less than 1 year -8.78%
1 to 5 years 52.45%
5 to 10 years 40.61%
10 to 20 years 7.75%
20 to 30 years 5.66%
More than 30 years 1.63%
Other 0.68%
Total Net Assets 100.00%
Portfolio Statistics:
Average Coupon: 7.14%
Average Bond Price: 99.85%
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 25.63%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 25.63%
Average Maturity: 7.83 Years
Effective Duration: 4.86 Years
Total Net Assets: $1,204.35 Million
Net Asset Value: $13.97
Number of Holdings: 1167
Portfolio Turnover: 36%
* 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.
