AB Global High Income Fund Releases Monthly Portfolio Update

AB Global High Income Fund, Inc.

Top 10 Fixed-Income Holdings

Portfolio %

1) U.S. Treasury Notes  1.625%, 8/31/19

5.77%

2) U.S. Treasury Notes  1.50%, 10/31/19

5.74%

3) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/17

1.30%

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

0.82%

5) U.S. Treasury Bonds  5.25%, 2/15/29

0.67%

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

0.63%

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

0.59%

8) Dominican Republic International Bond  16.00%, 7/10/20

0.53%

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

0.52%

10) South Africa Government Bond Series R207 7.25%, 1/15/20

0.44%

Investment Type

Portfolio %

Corporates - Non-Investment Grades

Industrial

Energy

7.04%

Consumer Non-Cyclical

6.51%

Communications - Media

6.32%

Capital Goods

4.76%

Technology

4.62%

Basic

4.16%

Communications - Telecommunications

3.53%

Consumer Cyclical - Other

3.23%

Consumer Cyclical - Retailers

2.08%

Other Industrial

1.81%

Consumer Cyclical - Automotive

1.50%

Services

1.08%

Transportation - Services

0.90%

Consumer Cyclical - Entertainment

0.65%

Transportation - Airlines

0.43%

Consumer Cyclical - Restaurants

0.37%

SUBTOTAL

48.99%

Financial Institutions

Banking

3.49%

Finance

1.44%

Insurance

1.05%

Other Finance

0.99%

Brokerage

0.36%

REITS

0.15%

SUBTOTAL

7.48%

Utility

Electric

2.44%

SUBTOTAL

2.44%

Non Corporate Sectors

Agencies - Not Government Guaranteed

0.13%

SUBTOTAL

0.13%

Credit Default Swaps

-0.38%

SUBTOTAL

58.66%

Global Governments

17.88%

Corporates - Investment Grades

Financial Institutions

Insurance

1.53%

Banking

1.35%

Finance

0.66%

REITS

0.47%

SUBTOTAL

4.01%

Industrial

Basic

1.79%

Energy

0.40%

Communications - Telecommunications

0.27%

Other Industrial

0.19%

Capital Goods

0.17%

Transportation - Airlines

0.17%

Communications - Media

0.15%

Consumer Non-Cyclical

0.13%

Consumer Cyclical - Automotive

0.04%

Consumer Cyclical - Other

0.02%

SUBTOTAL

3.33%

Credit Default Swaps

0.68%

Non Corporate Sectors

Agencies - Not Government Guaranteed

0.20%

SUBTOTAL

0.20%

Utility

Natural Gas

0.11%

SUBTOTAL

0.11%

SUBTOTAL

8.33%

Collateralized Mortgage Obligations

Non-Agency Fixed Rate

3.33%

Non-Agency Floating Rate

2.10%

GSE Risk Share Floating Rate

1.53%

SUBTOTAL

6.96%

Bank Loans

Industrial

Consumer Cyclical - Automotive

0.61%

Other Industrial

0.60%

Consumer Non-Cyclical

0.59%

Consumer Cyclical - Other

0.41%

Consumer Cyclical - Retailers

0.31%

Basic

0.30%

Consumer Cyclical - Entertainment

0.23%

Capital Goods

0.21%

Energy

0.20%

Communications - Media

0.18%

Technology

0.17%

SUBTOTAL

3.81%

Financial Institutions

Other Finance

0.13%

Insurance

0.04%

SUBTOTAL

0.17%

Utility

Electric

0.17%

SUBTOTAL

0.17%

Non Corporate Sectors

Foreign Local Government - Municipal

0.13%

SUBTOTAL

0.13%

SUBTOTAL

4.28%

Emerging Markets - Sovereigns

3.79%

Emerging Markets - Corporate Bonds

Industrial

Consumer Non-Cyclical

0.82%

Basic

0.64%

Capital Goods

0.57%

Transportation - Airlines

0.27%

Consumer Cyclical - Retailers

0.26%

Consumer Cyclical - Other

0.18%

Communications - Media

0.14%

Communications - Telecommunications

0.14%

SUBTOTAL

3.02%

Utility

Electric

0.14%

SUBTOTAL

0.14%

Non Corporate Sectors

Agencies - Not Government Guaranteed

0.12%

SUBTOTAL

0.12%

Financial Institutions

Finance

0.09%

SUBTOTAL

0.09%

SUBTOTAL

3.37%

Preferred Stocks

Financial Institutions

2.64%

Industrial

0.04%

Utility

0.03%

SUBTOTAL

2.71%

Commercial Mortgage-Backed Securities

Non-Agency Fixed Rate CMBS

2.23%

SUBTOTAL

2.23%

Local Governments - Municipal Bonds

1.00%

Whole Loan Trusts

Performing Asset

0.89%

SUBTOTAL

0.89%

Asset-Backed Securities

Home Equity Loans - Fixed Rate

0.60%

Home Equity Loans - Floating Rate

0.18%

Other ABS - Fixed Rate

0.08%

SUBTOTAL

0.86%

Governments - Sovereign Agencies

0.86%

Emerging Markets - Treasuries

0.85%

Total Return Swaps

0.84%

Common Stocks

0.70%

Quasi-Sovereigns

Quasi-Sovereign Bonds

0.57%

SUBTOTAL

0.57%

Currency Instruments

Forward Currency Exchange Contracts

0.32%

SUBTOTAL

0.32%

Local Governments - Regional Bonds

0.32%

Investment Companies

Funds and Investment Trusts

0.18%

SUBTOTAL

0.18%

Inflation-Linked Securities

0.06%

Interest Rate Swaps - SIFMA

-13.67%

Reverse Repurchase Agreements

-18.53%

Net Cash Equivalents

Investment Companies

2.05%

Cash

1.88%

Repurchase Agreements

-0.19%

SUBTOTAL

3.74%

Derivative Offsets

Swaps Offsets

12.80%

SUBTOTAL

12.80%

100.00%

Country Breakdown

Portfolio %

United States

70.54%

United Kingdom

3.33%

Brazil

3.24%

Canada

1.88%

Ireland

1.49%

Luxembourg

1.46%

Dominican Republic

1.44%

Mexico

1.35%

Netherlands

1.23%

France

1.23%

Switzerland

0.83%

South Africa

0.82%

Germany

0.74%

Indonesia

0.72%

El Salvador

0.59%

United Arab Emirates

0.54%

Ivory Coast

0.51%

Australia

0.49%

Colombia

0.49%

Italy

0.47%

Argentina

0.45%

Bermuda

0.40%

Norway

0.35%

Kazakhstan

0.34%

Peru

0.33%

Venezuela

0.33%

Croatia

0.31%

Spain

0.30%

India

0.29%

Hong Kong

0.29%

Philippines

0.27%

Portugal

0.21%

Turkey

0.21%

Barbados

0.17%

Singapore

0.17%

Bahrain

0.15%

Zambia

0.14%

Bulgaria

0.12%

Macau

0.12%

Japan

0.12%

Ghana

0.12%

Pakistan

0.11%

Romania

0.11%

Lebanon

0.11%

Trinidad & Tobago

0.09%

Jamaica

0.09%

Mongolia

0.09%

China 

0.09%

Sweden

0.09%

Costa Rica

0.09%

Denmark

0.08%

Belgium

0.08%

Guatemala

0.07%

Sri Lanka

0.06%

Uruguay

0.06%

Chile

0.05%

Morocco

0.05%

Kenya

0.05%

Serbia

0.03%

Virgin Islands (BVI)

0.02%

Total Investments

100.00%

Net Currency Exposure Breakdown

Portfolio %

United States Dollar

96.74%

Brazilian Real

1.88%

Indonesian Rupiah

1.02%

Peruvian Nuevo Sol

0.99%

Mexican Peso

0.97%

South African Rand

0.82%

New Turkish Lira

0.74%

Dominican Peso

0.53%

Colombian Peso

0.46%

Philippine Peso

0.31%

Indian Rupee

0.26%

Hungarian Forint

0.16%

Costa Rican Colon

0.10%

Uruguayan Peso

0.06%

Swiss Franc

0.04%

Great British Pound

-0.61%

Euro

-0.91%

Japanese Yen

-1.57%

Australian Dollar

-1.99%

Total Net Assets

100.00%

Credit Rating

Portfolio %

AAA

-3.43%

AA

0.64%

A

2.16%

BBB

13.88%

BB

27.25%

B

30.71%

CCC

15.55%

CC

0.76%

C

0.02%

D

0.73%

Not Rated

4.09%

Short Term Investments

1.86%

N/A

5.78%

100.00%

Bonds By Maturity

Portfolio %

Less than 1 year

-3.33%

1 to 5 years

49.66%

5 to 10 years

38.12%

10 to 20 years

7.58%

20 to 30 years

5.90%

More than 30 years

1.37%

Other

0.70%

Total Net Assets

100.00%

Portfolio Statistics:

Average Coupon:

7.06%

Average Bond Price :

100.28

Percentage of Leverage:

Bank Borrowing:

0.00%

Investment Operations:

26.37%*

Preferred Stock:

0.00%

Tender Option Bonds:

0.00%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

26.37%

Average Maturity:

7.62 Years

Effective Duration:

4.79 Years

Total Net Assets:

$1,211.89 Million

Net Asset Value:

$14.05

Number of Holdings:

1141

Portfolio Turnover:

36%

* 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.