PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Banking & Financial Services  | Mutual Funds

AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update

Share with Twitter Share with LinkedIn

NEW YORK, Oct. 29, 2013 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of September 30, 2013.


 

AllianceBernstein Global High Income Fund, Inc.


Top 10 Fixed Income Holdings



Portfolio %

1) Argentina Boden Bonds 7.00%, 10/03/15

0.94%

2) Russian Agricultural Bank OJSC Via RSHB Capital SA 7.75%, 5/29/18

0.93%

3) Ivory Coast Government International Bond 5.75%, 12/31/32

0.78%

4) Brazilian Government International Bond 12.50%, 1/05/22

0.69%

5) Dominican Republic International Bond 8.625%, 4/20/27

0.65%

6) Argentina Bonar Bonds Series X 7.00%, 4/17/17

0.53%

7) El Salvador Government International Bond 7.65%, 6/15/35

0.51%

8) VTB Bank OJSC Via VTB Capital SA 6.875%, 5/29/18

0.49%

9) Gardner Denver, Inc. 6.875%, 8/15/21

0.45%

10) Dominican Republic 16.00%, 7/10/20

0.44%

Fixed Income Holdings by Security Type



Portfolio %

Corporates - Non-Investment Grades


Industrial


Consumer Non-Cyclical

8.14%

Energy

6.38%

Capital Goods

5.32%

Communications - Media

5.05%

Technology

4.45%

Basic

4.39%

Consumer Cyclical - Other

2.74%

Communications - Telecommunications

2.39%

Consumer Cyclical - Automotive

2.25%

Services

2.07%

Other Industrial

2.06%

Consumer Cyclical - Retailers

1.84%

Transportation - Services

1.22%

Consumer Cyclical - Entertainment

0.65%

Transportation - Airlines

0.34%

Consumer Cyclical - Restaurants

0.11%

SUBTOTAL

49.40%

Financial Institutions


Banking

1.82%

Other Finance

1.68%

Finance

0.97%

Insurance

0.97%

Brokerage

0.39%

REITS

0.12%

SUBTOTAL

5.95%

Utility


Electric

1.68%

Natural Gas

0.85%

SUBTOTAL

2.53%

SUBTOTAL

57.88%

Corporates - Investment Grades


Financial Institutions


Insurance

1.50%

Banking

1.38%

REITS

0.47%

Finance

0.30%

Other Finance

0.20%

SUBTOTAL

3.85%

Industrial


Basic

1.57%

Communications - Media

0.24%

Capital Goods

0.23%

Communications - Telecommunications

0.17%

Transportation - Airlines

0.07%

Consumer Cyclical - Other

0.02%

SUBTOTAL

2.30%

Non Corporate Sectors


Agencies - Not Government Guaranteed

0.26%

SUBTOTAL

0.26%

Utility


Natural Gas

0.14%

Electric

0.06%

SUBTOTAL

0.20%

SUBTOTAL

6.61%

Collateralized Mortgage Obligations


Non-Agency Fixed Rate

3.42%

Non-Agency Floating Rate

2.54%

SUBTOTAL

5.96%

Governments - Treasuries


Treasuries

4.76%

SUBTOTAL

4.76%

Bank Loans


Industrial


Consumer Non-Cyclical

0.90%

Consumer Cyclical - Automotive

0.76%

Technology

0.49%

Services

0.46%

Consumer Cyclical - Entertainment

0.41%

Basic

0.39%

Consumer Cyclical - Retailers

0.30%

Capital Goods

0.19%

Communications - Media

0.16%

Other Industrial

0.16%

Energy

0.08%

Consumer Cyclical - Other

0.03%

SUBTOTAL

4.33%

Non Corporate Sectors


Foreign Local Government - Municipal

0.13%

SUBTOTAL

0.13%

Financial Institutions


Insurance

0.04%

SUBTOTAL

0.04%

SUBTOTAL

4.50%

Emerging Markets - Corporate Bonds


Industrial


Consumer Non-Cyclical

1.01%

Communications - Telecommunications

0.70%

Capital Goods

0.50%

Basic

0.46%

Consumer Cyclical - Retailers

0.33%

Consumer Cyclical - Other

0.22%

Transportation - Airlines

0.18%

Communications - Media

0.11%

Transportation - Services

0.10%

SUBTOTAL

3.61%

Financial Institutions


Banking

0.22%

Finance

0.19%

SUBTOTAL

0.41%

SUBTOTAL

4.02%

Emerging Markets - Sovereigns

4.02%

Commercial Mortgage-Backed Securities


Non-Agency Fixed Rate CMBS

1.85%

Non-Agency Floating Rate CMBS

0.32%

SUBTOTAL

2.17%

Preferred Stocks


Financial Institutions

1.86%

Industrial

0.01%

SUBTOTAL

1.87%

Quasi-Sovereigns


Quasi-Sovereign Bonds

1.60%

SUBTOTAL

1.60%

Governments - Sovereign Agencies

1.04%

Emerging Markets - Treasuries

0.97%

Local Governments - Municipal Bonds

0.92%

Governments - Sovereign Bonds

0.81%

Asset-Backed Securities


Home Equity Loans - Fixed Rate

0.61%

Home Equity Loans - Floating Rate

0.13%

SUBTOTAL

0.74%

Local Governments - Regional Bonds

0.37%

Inflation-Linked Securities

0.22%

Common Stocks

0.19%

Options Purchased - Puts


Options on Funds and Investment Trusts

0.02%

SUBTOTAL

0.02%

Credit Default Swap Options


Swaptions

0.01%

SUBTOTAL

0.01%

Short-Term Investments


Investment Companies

1.27%

Governments - Treasuries

0.05%

Total Fixed Income

100.00%

Country Breakdown



Portfolio %

United States

66.06%

United Kingdom

4.32%

Brazil

3.31%

Russia

3.21%

Luxembourg

1.66%

Canada

1.56%

Argentina

1.52%

Netherlands

1.42%

Germany

1.41%

Dominican Republic

1.22%

South Africa

1.02%

France

0.87%

Ireland

0.79%

Ivory Coast

0.78%

Switzerland

0.75%

El Salvador

0.62%

Bermuda

0.60%

Mexico

0.59%

Indonesia

0.58%

United Arab Emirates

0.55%

Italy

0.53%

Spain

0.47%

Croatia

0.46%

Peru

0.45%

Colombia

0.45%

Kazakhstan

0.38%

Portugal

0.33%

Barbados

0.32%

Chile

0.31%

Australia

0.27%

Philippines

0.26%

Costa Rica

0.26%

Sweden

0.23%

Ghana

0.23%

Norway

0.23%

Nigeria

0.22%

Singapore

0.22%

Uruguay

0.22%

Serbia

0.21%

China

0.13%

Bahrain

0.13%

Belgium

0.13%

Japan

0.13%

Austria

0.10%

Macau

0.10%

Denmark

0.08%

India

0.08%

Hong Kong

0.07%

Virgin Islands (BVI)

0.06%

Jamaica

0.05%

Greece

0.05%

Total Investments

100.00%

Net Currency Exposure Breakdown



Portfolio %

United States Dollar

102.65%

Mexican Peso

1.99%

Russian Rubles

0.79%

Dominican Peso

0.46%

Brazilian Real

0.44%

Philippine Peso

0.28%

Costa Rican Colon

0.28%

Uruguayan Peso

0.23%

Nigerian Naira

0.23%

Chilean Peso

0.22%

Colombian Peso

0.19%

Hungarian Forint

0.18%

Swiss Franc

0.04%

South African Rand

0.01%

Canadian Dollar

-0.01%

New Turkish Lira

-0.03%

Indonesian Rupiah

-0.03%

Peruvian Nuevo Sol

-0.47%

Euro

-1.37%

Great British Pound

-2.13%

Australian Dollar

-3.95%

Total Investments

100.00%

Credit Quality Breakdown



Portfolio %

AAA

2.62%

AA

0.59%

A

4.22%

BBB

13.43%

BB

24.91%

B

34.27%

CCC

14.86%

CC

0.83%

D

0.86%

Not Rated

2.08%

Short Term Investments

1.33%

Total Investments

100.00%

Portfolio Statistics:


Average Coupon:

8.18%

Average Bond Price :

102.25

Percentage of Leverage:


Bank Borrowing:

0.00%

Investment Operations:

17.37%*

Preferred Stock:

0.00%

Tender Option Bonds:

0.00%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

17.37%

Average Maturity:

6.86 Years

Effective Duration:

4.73 Years

Total Net Assets:

$1,319.32 Million

Net Asset Value:

$15.17

Number of Holdings:

946

Portfolio Turnover:

38%

* 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.



Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release