ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND NEW YORK, Jan. 27, 2020 /PRNewswire/ -- AB Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of December 31, 2019.
AB Global High Income Fund, Inc. | ||
Top 10 Fixed-Income Holdings | Portfolio % | |
1) U.S. Treasury Notes 2.25%, 2/15/27 | 2.35% | |
2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/21 | 2.28% | |
3) Indonesia Treasury Bond Series FR77 8.125%, 5/15/24 | 1.93% | |
4) U.S. Treasury Notes 2.875%, 8/15/28 | 1.65% | |
5) Argentine Republic Government International Bond 6.875%, 1/26/27 - 1/11/48 | 0.76% | |
6) Republic of South Africa Government Bond Series 2030 8.00%, 1/31/30 | 0.73% | |
7) U.S. Treasury Bonds 6.25%, 5/15/30 | 0.71% | |
8) Indonesia Treasury Bond Series FR78 8.25%, 5/15/29 | 0.68% | |
9) Dominican Republic International Bond 8.625%, 4/20/27 | 0.60% | |
10) U.S. Treasury Bonds 5.25%, 2/15/29 | 0.59% | |
Investment Type | Portfolio % | |
Corporates - Non-Investment Grade | ||
Industrial | ||
Communications - Media | 3.48% | |
Energy | 2.96% | |
Basic | 2.55% | |
Consumer Non-Cyclical | 2.48% | |
Communications - Telecommunications | 2.33% | |
Consumer Cyclical - Other | 2.13% | |
Capital Goods | 1.80% | |
Consumer Cyclical - Automotive | 1.59% | |
Services | 1.25% | |
Technology | 1.10% | |
Consumer Cyclical - Retailers | 0.64% | |
Transportation - Services | 0.55% | |
Consumer Cyclical - Entertainment | 0.32% | |
Other Industrial | 0.31% | |
Consumer Cyclical - Restaurants | 0.23% | |
SUBTOTAL | 23.72% | |
Credit Default Swaps | 23.52% | |
SUBTOTAL | 23.52% | |
Financial Institutions | ||
Banking | 3.09% | |
Finance | 0.91% | |
Insurance | 0.74% | |
Other Finance | 0.64% | |
REITS | 0.52% | |
Brokerage | 0.23% | |
SUBTOTAL | 6.13% | |
Utility | ||
Electric | 0.80% | |
SUBTOTAL | 0.80% | |
SUBTOTAL | 54.17% | |
Global Governments | 11.77% | |
Emerging Markets - Sovereigns | ||
Emerging Markets - Sovereigns | 9.42% | |
Credit Default Swaps | 0.77% | |
SUBTOTAL | 10.19% | |
Corporates - Investment Grade | ||
Financial Institutions | ||
Banking | 3.05% | |
Insurance | 1.87% | |
REITS | 0.57% | |
SUBTOTAL | 5.49% | |
Industrial | ||
Consumer Cyclical - Other | 0.65% | |
Basic | 0.56% | |
Technology | 0.53% | |
Energy | 0.50% | |
Communications - Telecommunications | 0.37% | |
Consumer Non-Cyclical | 0.26% | |
Capital Goods | 0.19% | |
Consumer Cyclical - Automotive | 0.18% | |
Other Industrial | 0.15% | |
Consumer Cyclical - Entertainment | 0.13% | |
Communications - Media | 0.11% | |
Services | 0.07% | |
SUBTOTAL | 3.70% | |
Utility | ||
Electric | 0.07% | |
SUBTOTAL | 0.07% | |
SUBTOTAL | 9.26% | |
Collateralized Mortgage Obligations | ||
Risk Share Floating Rate | 7.08% | |
Non-Agency Fixed Rate | 0.71% | |
Non-Agency Floating Rate | 0.62% | |
Agency Fixed Rate | 0.60% | |
SUBTOTAL | 9.01% | |
Commercial Mortgage-Backed Securities | ||
Credit Default Swaps | 6.46% | |
Non-Agency Fixed Rate CMBS | 1.73% | |
Non-Agency Floating Rate CMBS | 0.10% | |
SUBTOTAL | 8.29% | |
Interest Rate Futures | 7.54% | |
Bank Loans | ||
Industrial | ||
Consumer Non-Cyclical | 1.27% | |
Capital Goods | 0.64% | |
Technology | 0.58% | |
Energy | 0.54% | |
Consumer Cyclical - Other | 0.49% | |
Services | 0.47% | |
Consumer Cyclical - Retailers | 0.27% | |
Consumer Cyclical - Entertainment | 0.15% | |
Communications - Media | 0.14% | |
Consumer Cyclical - Restaurants | 0.11% | |
Communications - Telecommunications | 0.10% | |
Other Industrial | 0.09% | |
Consumer Cyclical - Automotive | 0.03% | |
SUBTOTAL | 4.88% | |
Financial Institutions | ||
Insurance | 0.13% | |
Finance | 0.11% | |
SUBTOTAL | 0.24% | |
Utility | ||
Electric | 0.13% | |
SUBTOTAL | 0.13% | |
SUBTOTAL | 5.25% | |
Emerging Markets - Corporate Bonds | ||
Industrial | ||
Consumer Non-Cyclical | 0.86% | |
Basic | 0.74% | |
Communications - Telecommunications | 0.41% | |
Energy | 0.27% | |
Consumer Cyclical - Other | 0.25% | |
Other Industrial | 0.09% | |
Transportation - Services | 0.04% | |
Capital Goods | 0.02% | |
Transportation - Airlines | 0.01% | |
SUBTOTAL | 2.69% | |
Utility | ||
Electric | 0.25% | |
SUBTOTAL | 0.25% | |
Financial Institutions | ||
Banking | 0.09% | |
REITS | 0.04% | |
Insurance | 0.01% | |
SUBTOTAL | 0.14% | |
SUBTOTAL | 3.08% | |
Emerging Markets - Treasuries | 3.02% | |
Common Stocks | 1.63% | |
Asset-Backed Securities | ||
Other ABS - Fixed Rate | 0.77% | |
Home Equity Loans - Fixed Rate | 0.31% | |
Autos - Fixed Rate | 0.25% | |
Home Equity Loans - Floating Rate | 0.01% | |
SUBTOTAL | 1.34% | |
Total Return Swaps | 0.87% | |
Investment Companies | ||
Funds and Investment Trusts | 0.49% | |
SUBTOTAL | 0.49% | |
Local Governments - US Municipal Bonds | 0.48% | |
Quasi-Sovereigns | ||
Quasi-Sovereign Bonds | 0.48% | |
SUBTOTAL | 0.48% | |
Preferred Stocks | ||
Financial Institutions | 0.28% | |
Utility | 0.02% | |
SUBTOTAL | 0.30% | |
Inflation-Linked Securities | 0.27% | |
Collateralized Loan Obligations | ||
CLO - Floating Rate | 0.08% | |
SUBTOTAL | 0.08% | |
Warrants | 0.02% | |
Whole Loan Trusts | ||
Performing Asset | 0.02% | |
SUBTOTAL | 0.02% | |
Local Governments - Regional Bonds | 0.01% | |
Options Purchased - Puts | ||
Swaptions | 0.01% | |
SUBTOTAL | 0.01% | |
Currency Instruments | ||
Forward Currency Exchange Contracts | -0.30% | |
SUBTOTAL | -0.30% | |
Reverse Repurchase Agreements | -0.39% | |
Net Cash Equivalents | ||
Investment Companies | 10.34% | |
Governments - Treasuries | 0.71% | |
Cash | 0.22% | |
SUBTOTAL | 11.27% | |
Derivative Offsets | ||
Futures Offsets | -7.63% | |
Swaps Offsets | -30.53% | |
SUBTOTAL | -38.16% | |
Total | 100.00% | |
Country Breakdown | Portfolio % | |
United States | 65.67% | |
Brazil | 3.95% | |
Indonesia | 3.00% | |
United Kingdom | 2.08% | |
Canada | 1.75% | |
Luxembourg | 1.30% | |
Netherlands | 1.27% | |
Argentina | 1.20% | |
France | 1.19% | |
Egypt | 1.04% | |
Colombia | 0.94% | |
Dominican Republic | 0.89% | |
Italy | 0.88% | |
South Africa | 0.84% | |
Nigeria | 0.84% | |
Spain | 0.84% | |
Russia | 0.78% | |
Switzerland | 0.75% | |
Turkey | 0.66% | |
Ukraine | 0.58% | |
Mexico | 0.56% | |
Ireland | 0.51% | |
Ivory Coast | 0.49% | |
Bahrain | 0.48% | |
Kenya | 0.47% | |
Oman | 0.45% | |
Sri Lanka | 0.40% | |
Angola | 0.40% | |
Finland | 0.35% | |
Ecuador | 0.32% | |
India | 0.31% | |
Costa Rica | 0.31% | |
United Arab Emirates | 0.30% | |
Zambia | 0.29% | |
Mongolia | 0.29% | |
Gabon | 0.28% | |
Honduras | 0.27% | |
Senegal | 0.25% | |
Bermuda | 0.25% | |
Sweden | 0.23% | |
Norway | 0.18% | |
Jamaica | 0.17% | |
Denmark | 0.17% | |
Hong Kong | 0.16% | |
Germany | 0.16% | |
El Salvador | 0.16% | |
Cayman Islands | 0.14% | |
Cameroon | 0.12% | |
Chile | 0.11% | |
Australia | 0.10% | |
Lebanon | 0.10% | |
Macau | 0.09% | |
Israel | 0.09% | |
Ghana | 0.09% | |
Peru | 0.09% | |
Venezuela | 0.08% | |
Trinidad & Tobago | 0.08% | |
Kazakhstan | 0.07% | |
Iraq | 0.06% | |
Jordan | 0.06% | |
China | 0.04% | |
Pakistan | 0.02% | |
Total Investments | 100.00% | |
Net Currency Exposure Breakdown | Portfolio % | |
United States Dollar | 97.55% | |
Japanese Yen | 0.81% | |
Egypt Pound | 0.53% | |
Russian Rubles | 0.50% | |
Brazilian Real | 0.43% | |
Indian Rupee | 0.29% | |
Nigerian Naira | 0.25% | |
Indonesian Rupiah | 0.09% | |
Argentine Peso | 0.06% | |
Canadian Dollar | 0.03% | |
Colombian Peso | 0.03% | |
Great British Pound | 0.03% | |
Mexican Peso | 0.03% | |
Polish Zloty | 0.01% | |
Singapore Dollar | 0.01% | |
Norwegian Krone | -0.03% | |
Euro | -0.62% | |
Total Net Assets | 100.00% | |
Credit Rating | Portfolio % | |
AAA | 6.42% | |
AA | 1.26% | |
A | 1.52% | |
BBB | 17.68% | |
BB | 24.68% | |
B | 21.76% | |
CCC | 6.52% | |
CC | 0.28% | |
C | 0.11% | |
D | 0.05% | |
Not Rated | 5.33% | |
Short Term Investments | 11.05% | |
Reverse Repurchase Agreements | -0.39% | |
N/A | 3.73% | |
Total | 100.00% | |
Bonds By Maturity | Portfolio % | |
Less than 1 year | 19.09% | |
1 to 5 years | 45.62% | |
5 to 10 years | 24.65% | |
10 to 20 years | 6.49% | |
20 to 30 years | 2.08% | |
More Than 30 years | 0.41% | |
Other | 1.66% | |
Total Net Assets | 100.00% | |
Portfolio Statistics: | ||
Average Coupon: | 7.31% | |
Average Bond Price: | 104.09 | |
Percentage of Leverage(based on gross assets): | ||
Bank Borrowing: | 0.00% | |
Investment Operations: | 38.07% | |
Preferred stock: | 0.00% | |
Tender Option Bonds: | 0.00% | |
VMTP Shares: | 0.00% | |
Total Fund Leverage: | 38.07% | |
Average Maturity: | 4.86 Years | |
Effective Duration: | 3.74 Years | |
Total Net Assets: | $1,153.60 Million | |
Net Asset Value: | $13.38 | |
Number of Holdings: | 1733 | |
Portfolio Turnover: | 40% | |
* 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.
