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 1.25%, 1/31/20

11.07%

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

1.22%

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

0.83%

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

0.64%

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

0.61%

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

0.59%

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

0.52%

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

0.52%

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

0.43%

10) Exide Technologies 9.00%, 3/31/15

0.42%

Investment Type

Portfolio %

Corporates - Non-Investment Grades

Industrial

Consumer Non-Cyclical

6.83%

Energy

6.83%

Communications - Media

6.02%

Capital Goods

4.78%

Technology

4.41%

Basic

4.14%

Communications - Telecommunications

3.58%

Consumer Cyclical - Other

3.28%

Consumer Cyclical - Retailers

2.32%

Other Industrial

1.63%

Consumer Cyclical - Automotive

1.50%

Services

1.06%

Transportation - Services

0.84%

Consumer Cyclical - Entertainment

0.72%

Transportation - Airlines

0.43%

Consumer Cyclical - Restaurants

0.38%

SUBTOTAL

48.75%

Financial Institutions

Banking

3.63%

Finance

1.66%

Insurance

1.07%

Other Finance

0.93%

Brokerage

0.36%

REITS

0.15%

SUBTOTAL

7.80%

Utility

Electric

2.43%

SUBTOTAL

2.43%

Non Corporate Sectors

Agencies - Not Government Guaranteed

0.14%

SUBTOTAL

0.14%

Credit Default Swaps

-0.62%

SUBTOTAL

58.50%

Global Governments

17.48%

Corporates - Investment Grades

Financial Institutions

Insurance

1.52%

Banking

1.09%

Finance

0.66%

REITS

0.46%

SUBTOTAL

3.73%

Industrial

Basic

1.78%

Communications - Telecommunications

0.27%

Energy

0.26%

Other Industrial

0.19%

Transportation - Airlines

0.17%

Capital Goods

0.16%

Communications - Media

0.15%

Consumer Non-Cyclical

0.13%

Consumer Cyclical - Automotive

0.04%

Consumer Cyclical - Other

0.02%

SUBTOTAL

3.17%

Credit Default Swaps

0.67%

Utility

Electric

0.20%

Natural Gas

0.11%

SUBTOTAL

0.31%

Non Corporate Sectors

Agencies - Not Government Guaranteed

0.19%

SUBTOTAL

0.19%

SUBTOTAL

8.07%

Collateralized Mortgage Obligations

Non-Agency Fixed Rate

3.27%

Non-Agency Floating Rate

2.06%

GSE Risk Share Floating Rate

1.80%

SUBTOTAL

7.13%

Bank Loans

Industrial

Consumer Non-Cyclical

0.72%

Consumer Cyclical - Automotive

0.61%

Other Industrial

0.43%

Consumer Cyclical - Other

0.41%

Consumer Cyclical - Retailers

0.38%

Consumer Cyclical - Entertainment

0.23%

Capital Goods

0.21%

Energy

0.20%

Technology

0.19%

Communications - Media

0.17%

Basic

0.14%

SUBTOTAL

3.69%

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

0.12%

SUBTOTAL

0.12%

SUBTOTAL

4.15%

Emerging Markets - Sovereigns

3.94%

Emerging Markets - Corporate Bonds

Industrial

Consumer Non-Cyclical

0.80%

Capital Goods

0.58%

Basic

0.55%

Transportation - Airlines

0.27%

Consumer Cyclical - Retailers

0.26%

Communications - Telecommunications

0.19%

Consumer Cyclical - Other

0.18%

Communications - Media

0.14%

SUBTOTAL

2.97%

Utility

Electric

0.14%

SUBTOTAL

0.14%

Non Corporate Sectors

Agencies - Not Government Guaranteed

0.12%

SUBTOTAL

0.12%

Financial Institutions

Finance

0.10%

SUBTOTAL

0.10%

SUBTOTAL

3.33%

Preferred Stocks

Financial Institutions

2.61%

Utility

0.03%

SUBTOTAL

2.64%

Commercial Mortgage-Backed Securities

Non-Agency Fixed Rate CMBS

2.19%

SUBTOTAL

2.19%

Local Governments - Municipal Bonds

0.96%

Whole Loan Trusts

Performing Asset

0.93%

SUBTOTAL

0.93%

Common Stocks

0.88%

Governments - Sovereign Agencies

0.86%

Asset-Backed Securities

Home Equity Loans - Fixed Rate

0.59%

Home Equity Loans - Floating Rate

0.18%

Other ABS - Fixed Rate

0.08%

SUBTOTAL

0.85%

Total Return Swaps

0.85%

Emerging Markets - Treasuries

0.75%

Quasi-Sovereigns

Quasi-Sovereign Bonds

0.43%

SUBTOTAL

0.43%

Inflation-Linked Securities

0.06%

Currency Instruments

Forward Currency Exchange Contracts

-0.11%

SUBTOTAL

-0.11%

Interest Rate Swaps - SIFMA

-10.31%

Reverse Repurchase Agreements

-17.12%

Net Cash Equivalents

Cash

3.64%

Foreign Currency

-0.01%

SUBTOTAL

3.63%

Derivative Offsets

Swaps Offsets

9.91%

SUBTOTAL

9.91%

100.00%

Country Breakdown

Portfolio %

United States

70.08%

United Kingdom

3.53%

Brazil

3.24%

Canada

1.92%

Luxembourg

1.51%

Dominican Republic

1.49%

Ireland

1.48%

Mexico

1.43%

Netherlands

1.26%

France

1.23%

South Africa

0.87%

Germany

0.76%

Indonesia

0.73%

Italy

0.62%

Ivory Coast

0.61%

El Salvador

0.60%

Switzerland

0.58%

United Arab Emirates

0.56%

Australia

0.52%

Colombia

0.50%

Argentina

0.46%

Bermuda

0.41%

Venezuela

0.36%

Norway

0.35%

Peru

0.34%

Croatia

0.32%

India

0.30%

Spain

0.30%

Hong Kong

0.30%

Philippines

0.28%

Turkey

0.21%

Portugal

0.21%

Kazakhstan

0.18%

Barbados

0.18%

Singapore

0.16%

Bahrain

0.15%

Macau

0.14%

Zambia

0.14%

Jamaica

0.13%

Ghana

0.13%

Japan

0.12%

Bulgaria

0.12%

Romania

0.11%

Pakistan

0.11%

Lebanon

0.11%

China

0.09%

Belgium

0.09%

Sweden

0.09%

Trinidad & Tobago

0.09%

Denmark

0.08%

Guatemala

0.08%

Sri Lanka

0.06%

Uruguay

0.06%

Morocco

0.05%

Kenya

0.05%

Chile

0.05%

Serbia

0.03%

Virgin Islands (BVI)

0.02%

Mongolia

0.01%

Costa Rica

0.01%

Total Investments

100.00%

Net Currency Exposure Breakdown

Portfolio %

United States Dollar

96.97%

Mexican Peso

1.98%

Indonesian Rupiah

1.96%

Brazilian Real

1.96%

Peruvian Nuevo Sol

0.97%

South African Rand

0.80%

New Turkish Lira

0.72%

Dominican Peso

0.52%

Colombian Peso

0.45%

Philippine Peso

0.31%

Indian Rupee

0.26%

Hungarian Forint

0.16%

Uruguayan Peso

0.06%

Swiss Franc

0.04%

Costa Rican Colon

0.02%

Singapore Dollar

-0.50%

Taiwan New Dollar

-0.50%

Euro

-1.21%

Canadian Dollar

-1.98%

Australian Dollar

-2.99%

Total Net Assets

100.00%

Credit Rating

Portfolio %

AAA

-8.52%

AA

0.63%

A

2.13%

BBB

12.96%

BB

26.68%

B

31.58%

CCC

15.34%

CC

0.85%

C

0.02%

D

0.71%

Not Rated

4.64%

N/A

12.98%

100.00%

Bonds By Maturity

Portfolio %

Less than 1 year

-1.28%

1 to 5 years

49.63%

5 to 10 years

36.60%

10 to 20 years

7.31%

20 to 30 years

5.69%

More than 30 years

1.17%

Other

0.88%

Total Net Assets

100.00%

Portfolio Statistics:

Average Coupon:

7.11%

Average Bond Price :

100.89

Percentage of Leverage:

Bank Borrowing:

0.00%

Investment Operations:

27.64%*

Preferred Stock:

0.00%

Tender Option Bonds:

0.00%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

27.64%

Average Maturity:

7.36 Years

Effective Duration:

4.71 Years

Total Net Assets:

$1,223.13 Million

Net Asset Value:

$14.18

Number of Holdings:

1138

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.