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AllianceBernstein Global Hgh Incm Fd : AB Global High Income Fund Releases Monthly Portfolio Update

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by August 25, 2017 General

NEW YORK, Aug. 25, 2017 /PRNewswire/ — AB Global High Income Fund, Inc.(NYSE: AWF) (the “Fund”) today released its monthly portfolio update as of July 31,2017.

    AB Global High Income Fund, Inc.
Top 10 Fixed-Income Holdings                                  Portfolio %
1) Brazil Notas do Tesouro Nacional Series F
10.00%, 1/01/21 -1/01/27                                           3.86%
2) U.S. Treasury Notes  0.875%, 4/15/19                             3.52%
3) U.S. Treasury Bonds  8.125%, 5/15/21                             2.67%
4) Turkey Government Bond  11.00%, 2/24/27                          1.16%
5) U.S. Treasury Notes  2.25%, 11/15/25 - 2/15/27                   1.07%
6) U.S. Treasury Bonds  6.25%, 5/15/30                              0.91%
7) Mexican Bonos Series M 6.50%, 6/10/21                            0.88%
8) Republic of South Africa Government Bond Series
R186 10.50%, 12/21/26                                              0.84%
9) Argentine Republic Government International Bond
6.875%, 4/22/21 -1/26/27                                          0.74%
10) Wachovia Mortgage Loan Trust Series Series
2006-ALT1, Class A2 1.412%, 1/25/37                                0.68%
Investment Type                                               Portfolio %
Corporates - Non-Investment Grade
Industrial
Consumer Non-Cyclical                                               4.12%
Communications - Media                                              4.11%
Energy                                                              3.70%
Basic                                                               3.02%
Communications - Telecommunications                                 2.99%
Consumer Cyclical - Other                                           2.85%
Capital Goods                                                       2.00%
Services                                                            1.57%
Technology                                                          1.55%
Other Industrial                                                    1.15%
Transportation - Services                                           1.13%
Consumer Cyclical - Automotive                                      0.99%
Consumer Cyclical - Retailers                                       0.97%
Consumer Cyclical - Entertainment                                   0.22%
Consumer Cyclical - Restaurants                                     0.19%
Transportation - Airlines                                           0.10%
SUBTOTAL                                                           30.66%
Financial Institutions
Banking                                                             3.33%
Finance                                                             0.96%
Other Finance                                                       0.39%
Insurance                                                           0.38%
Brokerage                                                           0.14%
REITS                                                               0.04%
SUBTOTAL                                                            5.24%
Utility
Electric                                                            1.05%
Natural Gas                                                         0.02%
SUBTOTAL                                                            1.07%
Credit Default Swaps                                                0.91%
SUBTOTAL                                                            0.91%
SUBTOTAL                                                           37.88%
Global Governments                                                 16.08%
Collateralized Mortgage Obligations
Risk Share Floating Rate                                            9.09%
Non-Agency Fixed Rate                                               1.81%
Non-Agency Floating Rate                                            1.10%
SUBTOTAL                                                           12.00%
Corporates - Investment Grade
Industrial
Basic                                                               0.87%
Energy                                                              0.65%
Technology                                                          0.55%
Communications - Telecommunications                                 0.50%
Communications - Media                                              0.43%
Capital Goods                                                       0.26%
Consumer Cyclical - Automotive                                      0.23%
Consumer Cyclical - Other                                           0.09%
Transportation - Airlines                                           0.07%
Services                                                            0.06%
Consumer Non-Cyclical                                               0.04%
SUBTOTAL                                                            3.75%
Financial Institutions
Banking                                                             1.45%
Insurance                                                           1.06%
REITS                                                               0.67%
Brokerage                                                           0.16%
Finance                                                             0.02%
SUBTOTAL                                                            3.36%
Credit Default Swaps                                                0.92%
SUBTOTAL                                                            0.92%
Utility
Electric                                                            0.12%
SUBTOTAL                                                            0.12%
SUBTOTAL                                                            8.15%
Emerging Markets - Sovereigns                                       6.98%
Emerging Markets - Treasuries                                       6.98%
Commercial Mortgage-Backed Securities
Credit Default Swaps                                                4.32%
Non-Agency Fixed Rate CMBS                                          2.32%
Non-Agency Floating Rate CMBS                                       0.20%
SUBTOTAL                                                            6.84%
Interest Rate Futures                                               6.27%
Total Return Swaps                                                  5.14%
Emerging Markets - Corporate Bonds
Industrial
Energy                                                              0.98%
Basic                                                               0.85%
Communications - Telecommunications                                 0.59%
Consumer Non-Cyclical                                               0.46%
Capital Goods                                                       0.27%
Transportation - Airlines                                           0.21%
Consumer Cyclical - Other                                           0.21%
Transportation - Services                                           0.14%
Technology                                                          0.05%
Consumer Cyclical - Retailers                                       0.05%
Other Industrial                                                    0.04%
SUBTOTAL                                                            3.85%
Financial Institutions
Banking                                                             0.28%
Finance                                                             0.05%
Other Finance                                                       0.04%
SUBTOTAL                                                            0.37%
SUBTOTAL                                                            4.22%
Bank Loans
Industrial
Technology                                                          0.52%
Consumer Cyclical - Retailers                                       0.47%
Consumer Non-Cyclical                                               0.39%
Capital Goods                                                       0.25%
Energy                                                              0.24%
Consumer Cyclical - Other                                           0.21%
Consumer Cyclical - Entertainment                                   0.18%
Other Industrial                                                    0.12%
Services                                                            0.09%
Basic                                                               0.08%
Consumer Cyclical - Automotive                                      0.07%
SUBTOTAL                                                            2.62%
Financial Institutions
Insurance                                                           0.04%
SUBTOTAL                                                            0.04%
SUBTOTAL                                                            2.66%
Interest Rate Swaps                                                 2.52%
Preferred Stocks
Industrial                                                          0.67%
Financial Institutions                                              0.63%
Utility                                                             0.03%
SUBTOTAL                                                            1.33%
Inflation-Linked Securities                                         1.29%
Asset-Backed Securities
Home Equity Loans - Fixed Rate                                      0.66%
Other ABS - Fixed Rate                                              0.53%
Autos - Fixed Rate                                                  0.06%
Home Equity Loans - Floating Rate                                   0.03%
SUBTOTAL                                                            1.28%
Common Stocks                                                       1.27%
Whole Loan Trusts
Performing Asset                                                    0.56%
SUBTOTAL                                                            0.56%
Local Governments - Regional Bonds                                  0.51%
Local Governments - US Municipal Bonds                              0.46%
Equity Futures
Equity Index Futures                                                0.29%
SUBTOTAL                                                            0.29%
Quasi-Sovereigns
Quasi-Sovereign Bonds                                               0.27%
SUBTOTAL                                                            0.27%
Collateralized Loan Obligations
CLO - Floating Rate                                                 0.11%
SUBTOTAL                                                            0.11%
Options Purchased - Calls
Options on Forward Contracts                                        0.07%
Swaptions                                                           0.02%
SUBTOTAL                                                            0.09%
Warrants                                                            0.02%
Call Options Written                                               -0.02%
Put Options Written                                                -0.13%
Currency Instruments
Forward Currency Exchange Contracts                                -0.52%
SUBTOTAL                                                           -0.52%
Reverse Repurchase Agreements                                      -3.82%
Net Cash Equivalents
Investment Companies                                                0.84%
Emerging Markets - Sovereigns                                       0.45%
Cash                                                                0.37%
Governments - Treasuries                                            0.15%
Foreign Currency                                                   -0.01%
SUBTOTAL                                                            1.80%
Derivative Offsets
Futures Offsets                                                    -6.53%
Swaps Offsets                                                     -13.98%
SUBTOTAL                                                          -20.51%
Total                                                             100.00%
Country Breakdown                                             Portfolio %
United States                                                      61.61%
Brazil                                                              6.08%
Mexico                                                              3.19%
Argentina                                                           2.97%
United Kingdom                                                      2.80%
Turkey                                                              2.12%
Luxembourg                                                          1.58%
Canada                                                              1.43%
South Africa                                                        1.40%
Dominican Republic                                                  1.23%
France                                                              1.16%
Indonesia                                                           1.03%
Italy                                                               0.97%
Egypt                                                               0.82%
Colombia                                                            0.79%
Ireland                                                             0.78%
Russia                                                              0.75%
Switzerland                                                         0.75%
Spain                                                               0.56%
Ivory Coast                                                         0.53%
Ukraine                                                             0.45%
Cayman Islands                                                      0.44%
Malaysia                                                            0.44%
Netherlands                                                         0.41%
Jamaica                                                             0.38%
Sri Lanka                                                           0.37%
India                                                               0.35%
Germany                                                             0.33%
Venezuela                                                           0.32%
United Arab Emirates                                                0.30%
Zambia                                                              0.28%
Ecuador                                                             0.26%
Gabon                                                               0.24%
Barbados                                                            0.20%
Angola                                                              0.19%
Mongolia                                                            0.18%
Honduras                                                            0.18%
Norway                                                              0.17%
Macau                                                               0.16%
Guatemala                                                           0.16%
Sweden                                                              0.14%
El Salvador                                                         0.13%
Trinidad & Tobago                                                   0.13%
Senegal                                                             0.12%
Pakistan                                                            0.12%
Cameroon                                                            0.11%
Bahrain                                                             0.10%
Nigeria                                                             0.09%
Peru                                                                0.08%
New Zealand                                                         0.06%
Australia                                                           0.06%
Kenya                                                               0.06%
Uruguay                                                             0.06%
Jordan                                                              0.05%
Finland                                                             0.05%
Lebanon                                                             0.05%
Ethiopia                                                            0.05%
Chile                                                               0.04%
Hong Kong                                                           0.03%
China                                                               0.02%
Jersey (Channel Islands)                                            0.02%
Belarus                                                             0.02%
Iraq                                                                0.02%
Serbia                                                              0.02%
Portugal                                                            0.01%
Total Investments                                                 100.00%
Net Currency Exposure Breakdown                               Portfolio %
United States Dollar                                               93.96%
New Turkish Lira                                                    1.95%
Norwegian Krone                                                     1.61%
Polish Zloty                                                        1.53%
Indonesian Rupiah                                                   1.50%
Indian Rupee                                                        1.50%
Argentine Peso                                                      1.40%
Russian Rubles                                                      1.20%
Euro                                                                1.10%
Hungarian Forint                                                    1.05%
Swedish Krona                                                       1.03%
Chinese Yuan Renminbi (Offshore)                                    1.01%
Malaysian Ringgit                                                   1.00%
Mexican Peso                                                        0.97%
Brazilian Real                                                      0.62%
Egypt Pound                                                         0.60%
Dominican Peso                                                      0.46%
Colombian Peso                                                      0.45%
Australian Dollar                                                   0.43%
Peruvian Sol                                                        0.25%
Sri Lankan Rupee                                                    0.23%
Uruguayan Peso                                                      0.06%
Canadian Dollar                                                    -0.47%
South Korean Won                                                   -1.00%
Chinese Yuan Renminbi                                              -1.01%
Japanese Yen                                                       -1.01%
New Zealand Dollar                                                 -1.53%
Great British Pound                                                -1.57%
Taiwan New Dollar                                                  -2.00%
Swiss Franc                                                        -2.26%
Singapore Dollar                                                   -3.06%
Total Net Assets                                                  100.00%
Credit Rating                                                 Portfolio %
AAA                                                                10.76%
AA                                                                  0.68%
A                                                                   4.26%
BBB                                                                15.31%
BB                                                                 29.97%
B                                                                  24.32%
CCC                                                                 7.44%
CC                                                                  0.73%
C                                                                   0.13%
D                                                                   0.31%
Not Rated                                                           6.32%
Short Term Investments                                              1.45%
Reverse Repurchase Agreements                                      -3.82%
N/A             2.14%
Total                                                             100.00%
Bonds By Maturity                                             Portfolio %
Less than 1 year                                                    6.29%
1 to 5 years                                                       39.75%
5 to 10 years                                                      37.39%
10 to 20 years                                                      9.16%
20 to 30 years                                                      4.77%
More Than 30 years                                                  1.35%
Other                                                               1.29%
Total Net Assets                                                  100.00%
Portfolio Statistics:
Average Coupon:                                                     7.20%
Average Bond Price:                                                124.55
Percentage of Leverage(based on gross assets):
Bank Borrowing:                                                     0.00%
Investment Operations:                                             37.10%
Preferred stock:                                                    0.00%
Tender Option Bonds:                                                0.00%
VMTP Shares:                                                        0.00%
Total Fund Leverage:                                               37.10%
Average Maturity:                                             7.24  Years
Effective Duration:                                           4.88  Years
Total Net Assets:                                       $1,213.38 Million
Net Asset Value:                                                   $14.07
Number of Holdings:                                                  1247
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.

View original content:http://www.prnewswire.com/news-releases/ab-global-high-income-fund-releases-monthly-portfolio-update-300509795.html

SOURCE AB Global High Income Fund, Inc.

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