AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
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.
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