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

11.24%

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

1.09%

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

0.60%

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

0.60%

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

0.53%

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

0.52%

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

0.41%

10) U.S. Treasury Bonds 5.00%, 5/15/37

0.40%

Investment Type

Portfolio %

Corporates - Non-Investment Grade

Industrial

Consumer Non-Cyclical

7.74%

Energy

6.94%

Communications - Media

6.23%

Capital Goods

4.49%

Technology

4.20%

Basic

3.74%

Consumer Cyclical - Other

3.47%

Communications - Telecommunications

3.20%

Consumer Cyclical - Retailers

2.90%

Consumer Cyclical - Automotive

1.99%

Other Industrial

1.53%

Services

0.89%

Transportation - Services

0.84%

Consumer Cyclical - Entertainment

0.73%

Transportation - Airlines

0.43%

Consumer Cyclical - Restaurants

0.38%

SUBTOTAL

49.70%

Financial Institutions

Banking

4.03%

Finance

1.54%

Insurance

1.09%

Other Finance

0.74%

Brokerage

0.36%

REITS

0.35%

SUBTOTAL

8.11%

Utility

Electric

2.16%

SUBTOTAL

2.16%

Credit Default Swaps

-0.77%

SUBTOTAL

-0.77%

SUBTOTAL

59.20%

Global Governments

17.45%

Corporates - Investment Grade

Financial Institutions

Insurance

1.54%

Banking

1.15%

Finance

0.67%

REITS

0.46%

SUBTOTAL

3.82%

Industrial

Basic

1.63%

Energy

0.58%

Communications - Telecommunications

0.32%

Other Industrial

0.19%

Communications - Media

0.18%

Transportation - Airlines

0.17%

Capital Goods

0.16%

Consumer Non-Cyclical

0.11%

Consumer Cyclical - Other

0.02%

SUBTOTAL

3.36%

Credit Default Swaps

0.68%

SUBTOTAL

0.68%

Utility

Electric

0.20%

Natural Gas

0.11%

SUBTOTAL

0.31%

SUBTOTAL

8.17%

Collateralized Mortgage Obligations

Non-Agency Fixed Rate

3.19%

GSE Risk Share Floating Rate

2.49%

Non-Agency Floating Rate

2.00%

SUBTOTAL

7.68%

Emerging Markets - Sovereigns

4.02%

Bank Loans

Industrial

Other Industrial

0.48%

Consumer Cyclical - Other

0.41%

Consumer Cyclical - Retailers

0.36%

Consumer Non-Cyclical

0.30%

Consumer Cyclical - Entertainment

0.22%

Capital Goods

0.21%

Energy

0.20%

Consumer Cyclical - Automotive

0.19%

Communications - Media

0.18%

Technology

0.17%

Basic

0.14%

SUBTOTAL

2.86%

Financial Institutions

Other Finance

0.13%

Insurance

0.04%

SUBTOTAL

0.17%

Utility

Electric

0.17%

SUBTOTAL

0.17%

SUBTOTAL

3.20%

Emerging Markets - Corporate Bonds

Industrial

Consumer Non-Cyclical

0.73%

Basic

0.56%

Capital Goods

0.48%

Consumer Cyclical - Retailers

0.34%

Transportation - Airlines

0.27%

Communications - Telecommunications

0.19%

Communications - Media

0.14%

Consumer Cyclical - Other

0.03%

SUBTOTAL

2.74%

Utility

Electric

0.15%

SUBTOTAL

0.15%

Financial Institutions

Finance

0.11%

SUBTOTAL

0.11%

SUBTOTAL

3.00%

Commercial Mortgage-Backed Securities

Non-Agency Fixed Rate CMBS

2.40%

SUBTOTAL

2.40%

Preferred Stocks

Financial Institutions

1.76%

Utility

0.03%

Industrial

0.02%

SUBTOTAL

1.81%

Governments - Sovereign Agencies

1.20%

Whole Loan Trusts

Performing Asset

0.99%

SUBTOTAL

0.99%

Local Governments - Municipal Bonds

0.95%

Asset-Backed Securities

Home Equity Loans - Fixed Rate

0.60%

Home Equity Loans - Floating Rate

0.18%

SUBTOTAL

0.78%

Emerging Markets - Treasuries

0.72%

Common Stocks

0.70%

Quasi-Sovereigns

Quasi-Sovereign Bonds

0.45%

SUBTOTAL

0.45%

Investment Companies

Funds and Investment Trusts

0.22%

SUBTOTAL

0.22%

Agencies

Agency Subordinated

0.14%

SUBTOTAL

0.14%

Inflation-Linked Securities

0.07%

Options Purchased - Puts

Swaptions

0.01%

SUBTOTAL

0.01%

Warrants

0.01%

Currency Instruments

Forward Currency Exchange Contracts

-0.04%

SUBTOTAL

-0.04%

Reverse Repurchase Agreements

-9.42%

Interest Rate Swaps - SIFMA

-9.64%

Net Cash Equivalents

Investment Companies

0.31%

Foreign Currency

-0.01%

Cash

-4.61%

SUBTOTAL

-4.31%

Derivative Offsets

Swaps Offsets

10.24%

SUBTOTAL

10.24%

100.00%

Country Breakdown

Portfolio %

United States

70.10%

United Kingdom

3.77%

Brazil

2.98%

Canada

2.07%

Dominican Republic

1.46%

Ireland

1.42%

Mexico

1.41%

Luxembourg

1.28%

Netherlands

1.25%

France

1.19%

South Africa

0.91%

Germany

0.75%

Italy

0.64%

Ivory Coast

0.62%

Switzerland

0.59%

El Salvador

0.59%

United Arab Emirates

0.56%

Indonesia

0.56%

Australia

0.52%

Colombia

0.49%

New Zealand

0.49%

Argentina

0.46%

Bermuda

0.42%

Venezuela

0.41%

Norway

0.35%

Peru

0.35%

Spain

0.32%

Croatia

0.32%

Hong Kong

0.32%

India

0.31%

Philippines

0.27%

Portugal

0.21%

Turkey

0.21%

Kazakhstan

0.19%

Barbados

0.18%

Macau

0.17%

Trinidad & Tobago

0.16%

Zambia

0.15%

Bahrain

0.15%

Jamaica

0.13%

Ghana

0.13%

Bulgaria

0.13%

Pakistan

0.11%

Romania

0.11%

Lebanon

0.11%

Sri Lanka

0.09%

Belgium

0.09%

Sweden

0.09%

Denmark

0.08%

Guatemala

0.08%

Uruguay

0.07%

Kenya

0.05%

Chile

0.05%

Morocco

0.05%

Serbia

0.03%

Total Investments

100.00%

Net Currency Exposure Breakdown

Portfolio %

United States Dollar

99.54%

New Turkish Lira

1.93%

Brazilian Real

1.90%

Indonesian Rupiah

0.98%

Peruvian Nuevo Sol

0.96%

South African Rand

0.76%

Dominican Peso

0.53%

Philippine Peso

0.31%

Indian Rupee

0.26%

Hungarian Forint

0.16%

Uruguayan Peso

0.07%

Mexican Peso

0.01%

Norwegian Krone

-0.01%

Colombian Peso

-0.02%

Singapore Dollar

-0.51%

New Zealand Dollar

-0.95%

Euro

-1.43%

Great British Pound

-1.52%

Australian Dollar

-2.97%

Total Net Assets

100.00%

Credit Rating

Portfolio %

AAA

-0.50%

AA

0.63%

A

2.12%

BBB

13.79%

BB

29.34%

B

28.53%

CCC

14.73%

CC

0.83%

C

0.05%

D

0.77%

Not Rated

5.48%

Short Term Investments

0.31%

N/A

3.92%

100.00%

Bonds By Maturity

Portfolio %

Less than 1 year

-1.00%

1 to 5 years

48.20%

5 to 10 years

37.00%

10 to 20 years

7.46%

20 to 30 years

6.33%

More than 30 years

1.30%

Other

0.71%

Total Net Assets

100.00%

Portfolio Statistics:

Average Coupon:

6.92%

Average Bond Price :

100.50

Percentage of Leverage:

Bank Borrowing:

0.00%

Investment Operations:

17.88%*

Preferred Stock:

0.00%

Tender Option Bonds:

0.00%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

17.88%

Average Maturity:

7.62 Years

Effective Duration:

4.77 Years

Total Net Assets:

$1,208.98 Million

Net Asset Value:

$14.02

Number of Holdings:

1168

Portfolio Turnover:

48%

* 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.