AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, May 28, 2013 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of April 30, 2013.
AllianceBernstein Global High Income Fund, Inc.
|
|
Top 10 Fixed Income Holdings |
|
Portfolio % |
|
1) U.S. Treasury Bonds 3.125%, 2/15/42 |
1.76% |
2) Russian Agricultural Bank OJSC Via RSHB Capital SA 7.75%, 5/29/18 |
0.91% |
3) Brazilian Government International Bond 12.50%, 1/05/22 |
0.85% |
4) Argentina Boden Bonds 7.00%, 10/03/15 |
0.82% |
5) Ivory Coast Government International Bond 5.75%, 12/31/32 |
0.79% |
6) Dominican Republic International Bond 8.625%, 4/20/27 |
0.70% |
7) Turkey Government Bond 9.00%, 1/27/16 |
0.62% |
8) El Salvador Government International Bond 7.65%, 6/15/35 |
0.54% |
9) South Africa Government Bond Series R207 7.25%, 1/15/20 |
0.49% |
10) Argentina Bonar Bonds Series X 7.00%, 4/17/17 |
0.49% |
Fixed Income Holdings by Security Type |
|
Portfolio % |
|
Corporates - Non-Investment Grades |
|
Industrial |
|
Consumer Non-Cyclical |
7.11% |
Capital Goods |
5.98% |
Energy |
5.07% |
Communications - Media |
4.85% |
Basic |
4.41% |
Technology |
3.81% |
Consumer Cyclical - Other |
3.11% |
Communications - Telecommunications |
3.05% |
Other Industrial |
1.84% |
Consumer Cyclical - Automotive |
1.76% |
Services |
1.73% |
Consumer Cyclical - Retailers |
1.46% |
Transportation - Services |
0.96% |
Consumer Cyclical - Entertainment |
0.71% |
Transportation - Airlines |
0.45% |
Consumer Cyclical - Restaurants |
0.12% |
SUBTOTAL |
46.42% |
Financial Institutions |
|
Banking |
1.86% |
Other Finance |
0.99% |
Finance |
0.84% |
Insurance |
0.76% |
Brokerage |
0.37% |
SUBTOTAL |
4.82% |
Utility |
|
Electric |
1.58% |
Natural Gas |
0.81% |
SUBTOTAL |
2.39% |
SUBTOTAL |
53.63% |
Corporates - Investment Grades |
|
Financial Institutions |
|
Banking |
1.85% |
Insurance |
1.63% |
REITS |
0.48% |
Finance |
0.47% |
Other Finance |
0.21% |
SUBTOTAL |
4.64% |
Industrial |
|
Basic |
1.39% |
Capital Goods |
0.27% |
Consumer Cyclical - Other |
0.18% |
Communications - Telecommunications |
0.17% |
Communications - Media |
0.09% |
Consumer Cyclical - Entertainment |
0.07% |
Transportation - Airlines |
0.07% |
Consumer Non-Cyclical |
0.02% |
SUBTOTAL |
2.26% |
Non Corporate Sectors |
|
Agencies - Not Government Guaranteed |
0.38% |
SUBTOTAL |
0.38% |
Utility |
|
Natural Gas |
0.13% |
Electric |
0.06% |
SUBTOTAL |
0.19% |
SUBTOTAL |
7.47% |
Governments - Treasuries |
|
Treasuries |
7.32% |
SUBTOTAL |
7.32% |
Collateralized Mortgage Obligations |
|
Non-Agency Fixed Rate |
3.63% |
Non-Agency Floating Rate |
2.47% |
SUBTOTAL |
6.10% |
Emerging Markets - Sovereigns |
4.30% |
Bank Loans |
|
Industrial |
|
Consumer Non-Cyclical |
0.64% |
Technology |
0.45% |
Services |
0.43% |
Consumer Cyclical - Automotive |
0.32% |
Consumer Cyclical - Entertainment |
0.32% |
Basic |
0.25% |
Other Industrial |
0.23% |
Consumer Cyclical - Other |
0.19% |
Consumer Cyclical - Retailers |
0.19% |
Capital Goods |
0.09% |
Communications - Media |
0.08% |
Energy |
0.07% |
SUBTOTAL |
3.26% |
Non Corporate Sectors |
|
Foreign Local Government - Municipal |
0.10% |
SUBTOTAL |
0.10% |
Financial Institutions |
|
REITS |
0.01% |
SUBTOTAL |
0.01% |
SUBTOTAL |
3.37% |
Emerging Markets - Corporate Bonds |
|
Industrial |
|
Consumer Non-Cyclical |
0.86% |
Communications - Media |
0.53% |
Communications - Telecommunications |
0.45% |
Basic |
0.24% |
Consumer Cyclical - Other |
0.21% |
Technology |
0.19% |
Consumer Cyclical - Retailers |
0.15% |
Capital Goods |
0.12% |
Transportation - Services |
0.10% |
Energy |
0.09% |
SUBTOTAL |
2.94% |
Financial Institutions |
|
Banking |
0.13% |
SUBTOTAL |
0.13% |
SUBTOTAL |
3.07% |
Commercial Mortgage-Backed Securities |
|
Non-Agency Fixed Rate CMBS |
2.33% |
Non-Agency Floating Rate CMBS |
0.36% |
SUBTOTAL |
2.69% |
Quasi-Sovereigns |
|
Quasi-Sovereign Bonds |
2.15% |
SUBTOTAL |
2.15% |
Preferred Stocks |
|
Financial Institutions |
1.62% |
Non Corporate Sectors |
0.02% |
Industrial |
0.01% |
SUBTOTAL |
1.65% |
Emerging Markets - Treasuries |
1.37% |
Local Governments - Municipal Bonds |
1.19% |
Governments - Sovereign Agencies |
0.91% |
Asset-Backed Securities |
|
Home Equity Loans - Fixed Rate |
0.62% |
Home Equity Loans - Floating Rate |
0.14% |
SUBTOTAL |
0.76% |
Local Governments - Regional Bonds |
0.55% |
Inflation-Linked Securities |
0.50% |
Governments - Sovereign Bonds |
0.41% |
Common Stocks |
0.23% |
Supranationals |
0.12% |
Options Purchased - Puts |
|
Options on Funds and Investment Trusts |
0.03% |
SUBTOTAL |
0.03% |
Short-Term Investments |
|
Investment Companies |
2.18% |
Total Fixed Income |
100.00% |
Country Breakdown |
|
Portfolio % |
|
United States |
65.61% |
Brazil |
3.74% |
United Kingdom |
3.69% |
Russia |
3.31% |
Luxembourg |
1.77% |
Canada |
1.57% |
Argentina |
1.48% |
Dominican Republic |
1.30% |
Netherlands |
1.21% |
South Africa |
0.94% |
Germany |
0.94% |
Turkey |
0.89% |
Switzerland |
0.85% |
France |
0.83% |
Cote D'Ivoire |
0.79% |
Indonesia |
0.75% |
Italy |
0.74% |
El Salvador |
0.66% |
Ireland |
0.58% |
Peru |
0.57% |
Colombia |
0.53% |
United Arab Emirates |
0.52% |
Uruguay |
0.50% |
Portugal |
0.50% |
Croatia |
0.45% |
Spain |
0.44% |
Kazakhstan |
0.41% |
Australia |
0.35% |
Mexico |
0.34% |
Barbados |
0.31% |
Chile |
0.31% |
Philippines |
0.30% |
Serbia |
0.25% |
Costa Rica |
0.25% |
Ghana |
0.23% |
Nigeria |
0.22% |
Norway |
0.21% |
Sweden |
0.20% |
Ukraine |
0.18% |
Trinidad & Tobago |
0.14% |
China |
0.12% |
Supranational |
0.12% |
Japan |
0.12% |
Czech Republic |
0.12% |
India |
0.10% |
Austria |
0.09% |
Bermuda |
0.09% |
Singapore |
0.08% |
Denmark |
0.08% |
Hong Kong |
0.07% |
Virgin Islands (BVI) |
0.05% |
Jamaica |
0.05% |
Greece |
0.05% |
Total Investments |
100.00% |
Net Currency Exposure Breakdown |
|
Portfolio % |
|
United States Dollar |
102.56% |
Mexican Peso |
2.07% |
New Turkish Lira |
0.99% |
Russian Rubles |
0.93% |
Indian Rupee |
0.73% |
Uruguayan Peso |
0.54% |
Dominican Peso |
0.51% |
Brazilian Real |
0.47% |
Philippine Peso |
0.33% |
Colombian Peso |
0.29% |
Costa Rican Colon |
0.27% |
Nigerian Naira |
0.24% |
Chilean Peso |
0.23% |
Hungarian Forint |
0.17% |
Australian Dollar |
0.05% |
South African Rand |
0.03% |
Peruvian Nuevo Sol |
-0.48% |
Indonesian Rupiah |
-0.52% |
Euro |
-1.34% |
Canadian Dollar |
-2.02% |
Japanese Yen |
-3.01% |
Great British Pound |
-3.04% |
Total Investments |
100.00% |
Credit Quality Breakdown |
|
Portfolio % |
|
AAA |
4.11% |
AA |
0.59% |
A |
4.84% |
BBB |
15.03% |
BB |
24.19% |
B |
31.95% |
CCC |
13.69% |
CC |
0.91% |
C |
0.01% |
D |
0.74% |
Not Rated |
1.75% |
Short Term Investments |
2.19% |
Total Investments |
100.00% |
Portfolio Statistics: |
|
Average Coupon: |
4.53% |
Average Bond Price : |
107.17 |
Percentage of Leverage: |
|
Bank Borrowing: |
0.00% |
Investment Operations: |
17.70%* |
Preferred Stock: |
0.00% |
Tender Option Bonds: |
0.00% |
Term Asset-Backed Loans Facility (TALF): |
0.00% |
Total Fund Leverage: |
17.70% |
Average Maturity: |
6.73 Years |
Effective Duration: |
4.53 Years |
Total Net Assets: |
$1,373.29 Million |
Net Asset Value: |
$15.93 |
Number of Holdings: |
931 |
Portfolio Turnover: |
26% |
* 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.
SOURCE AllianceBernstein Global High Income Fund, Inc.
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