AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE
NEW YORK, June 23, 2025 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of May 31, 2025.
AllianceBernstein Global High Income Fund, Inc. |
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Top 10 Fixed-Income Holdings |
Portfolio % |
|
1) U.S. Treasury Notes 2.25%, 02/15/27 |
1.08 % |
|
2) CCO Holdings 4.50%, 08/15/30 - 06/01/33 |
0.84 % |
|
3) CCO Holdings 4.75%, 02/01/32 |
0.67 % |
|
4) EchoStar Corp. 10.75%, 11/30/29 |
0.58 % |
|
5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 |
0.57 % |
|
6) Altice France SA 5.125%, 01/15/29 - 07/15/29 |
0.56 % |
|
7) AMMC CLO 25 Ltd. 11.006%, 04/15/35 |
0.51 % |
|
8) DaVita, Inc. 4.625%, 06/01/30 |
0.50 % |
|
9) Bausch Health Cos., Inc. 11.00%, 09/30/28 |
0.44 % |
|
10) Societe Generale SA 5.512%, 05/22/31 |
0.43 % |
|
Investment Type |
Portfolio % |
|
Corporates - Non-Investment Grade |
||
Industrial |
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Consumer Non-Cyclical |
7.24 % |
|
Communications - Media |
7.02 % |
|
Energy |
6.56 % |
|
Capital Goods |
4.65 % |
|
Communications - Telecommunications |
4.55 % |
|
Basic |
4.18 % |
|
Consumer Cyclical - Other |
3.83 % |
|
Consumer Cyclical - Retailers |
3.53 % |
|
Services |
3.34 % |
|
Consumer Cyclical - Automotive |
2.14 % |
|
Technology |
1.95 % |
|
Transportation - Services |
1.88 % |
|
Transportation - Airlines |
0.88 % |
|
Consumer Cyclical - Restaurants |
0.66 % |
|
Consumer Cyclical - Entertainment |
0.52 % |
|
Other Industrial |
0.40 % |
|
Transportation - Railroads |
0.04 % |
|
SUBTOTAL |
53.37 % |
|
Credit Default Swaps |
17.77 % |
|
Financial Institutions |
||
Finance |
2.45 % |
|
Brokerage |
1.28 % |
|
REITs |
1.22 % |
|
Financial Services |
0.90 % |
|
Insurance |
0.68 % |
|
Banking |
0.44 % |
|
SUBTOTAL |
6.97 % |
|
Utility |
||
Electric |
0.92 % |
|
Natural Gas |
0.14 % |
|
SUBTOTAL |
1.06 % |
|
SUBTOTAL |
79.17 % |
|
Corporates - Investment Grade |
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Industrial |
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Communications - Media |
1.51 % |
|
Energy |
1.45 % |
|
Consumer Cyclical - Other |
1.23 % |
|
Basic |
0.95 % |
|
Consumer Cyclical - Entertainment |
0.95 % |
|
Consumer Cyclical - Automotive |
0.67 % |
|
Consumer Non-Cyclical |
0.47 % |
|
Consumer Cyclical - Retailers |
0.27 % |
|
Transportation - Airlines |
0.25 % |
|
Transportation - Services |
0.16 % |
|
Other Industrial |
0.07 % |
|
Transportation - Railroads |
0.03 % |
|
Services |
0.02 % |
|
SUBTOTAL |
8.03 % |
|
Financial Institutions |
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Banking |
3.65 % |
|
Finance |
0.52 % |
|
Insurance |
0.46 % |
|
REITs |
0.43 % |
|
Brokerage |
0.14 % |
|
SUBTOTAL |
5.20 % |
|
Utility |
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Electric |
1.02 % |
|
Other Utility |
0.05 % |
|
SUBTOTAL |
1.07 % |
|
SUBTOTAL |
14.30 % |
|
Emerging Markets - Corporate Bonds |
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Industrial |
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Basic |
1.79 % |
|
Energy |
1.05 % |
|
Consumer Cyclical - Other |
0.99 % |
|
Consumer Non-Cyclical |
0.76 % |
|
Capital Goods |
0.39 % |
|
Communications - Telecommunications |
0.16 % |
|
Transportation - Services |
0.12 % |
|
Communications - Media |
0.07 % |
|
Consumer Cyclical - Retailers |
0.05 % |
|
Other Industrial |
0.03 % |
|
SUBTOTAL |
5.41 % |
|
Utility |
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Electric |
0.43 % |
|
Other Utility |
0.10 % |
|
SUBTOTAL |
0.53 % |
|
Financial Institutions |
||
Banking |
0.22 % |
|
SUBTOTAL |
0.22 % |
|
SUBTOTAL |
6.16 % |
|
Bank Loans |
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Industrial |
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Technology |
1.40 % |
|
Consumer Non-Cyclical |
1.09 % |
|
Communications - Media |
0.79 % |
|
Communications - Telecommunications |
0.40 % |
|
Capital Goods |
0.37 % |
|
Consumer Cyclical - Retailers |
0.25 % |
|
Transportation - Airlines |
0.22 % |
|
Transportation - Services |
0.17 % |
|
Other Industrial |
0.15 % |
|
Consumer Cyclical - Automotive |
0.10 % |
|
Energy |
0.08 % |
|
Consumer Cyclical - Other |
0.05 % |
|
Consumer Cyclical - Restaurants |
0.02 % |
|
SUBTOTAL |
5.09 % |
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Financial Institutions |
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Insurance |
0.54 % |
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Brokerage |
0.16 % |
|
Financial Services |
0.10 % |
|
Banking |
0.02 % |
|
SUBTOTAL |
0.82 % |
|
Utility |
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Electric |
0.17 % |
|
SUBTOTAL |
0.17 % |
|
SUBTOTAL |
6.08 % |
|
Interest Rate Futures |
2.78 % |
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Emerging Markets - Sovereigns |
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Emerging Markets - Sovereigns |
2.52 % |
|
Credit Default Swaps |
-0.25 % |
|
SUBTOTAL |
2.27 % |
|
Collateralized Mortgage Obligations |
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Risk Share Floating Rate |
1.27 % |
|
Non-Agency Fixed Rate |
0.30 % |
|
Non-Agency Floating Rate |
0.28 % |
|
Agency Fixed Rate |
0.19 % |
|
SUBTOTAL |
2.04 % |
|
U.S. Govt & Agency Securities |
1.64 % |
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Collateralized Loan Obligations |
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CLO - Floating Rate |
1.62 % |
|
SUBTOTAL |
1.62 % |
|
Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
1.62 % |
|
SUBTOTAL |
1.62 % |
|
EM Government Agencies |
0.49 % |
|
Local Governments - US Municipal Bonds |
0.39 % |
|
Emerging Markets - Treasuries |
0.26 % |
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Inflation-Linked Securities |
0.25 % |
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Commercial Mortgage-Backed Securities |
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Non-Agency Fixed Rate CMBS |
0.25 % |
|
SUBTOTAL |
0.25 % |
|
Asset-Backed Securities |
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Other ABS - Floating Rate |
0.16 % |
|
Autos - Fixed Rate |
0.06 % |
|
SUBTOTAL |
0.22 % |
|
Common Stocks |
0.16 % |
|
Preferred Stocks |
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Industrials |
0.11 % |
|
SUBTOTAL |
0.11 % |
|
Governments - Sovereign Agencies |
0.05 % |
|
Reverse Repurchase Agreements |
-0.92 % |
|
Cash & Cash Equivalents |
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Funds and Investment Trusts |
0.96 % |
|
Cash |
-0.12 % |
|
SUBTOTAL |
0.84 % |
|
Derivative Offsets |
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Futures Offsets |
-2.73 % |
|
Swap Offsets |
-17.05 % |
|
SUBTOTAL |
-19.78 % |
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TOTAL |
100.00 % |
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Country Breakdown |
Portfolio % |
|
United States |
67.62 % |
|
France |
3.49 % |
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United Kingdom |
3.04 % |
|
Canada |
2.59 % |
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Brazil |
1.88 % |
|
Mexico |
1.78 % |
|
Italy |
1.33 % |
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Germany |
1.14 % |
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Spain |
1.13 % |
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Colombia |
1.09 % |
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India |
0.94 % |
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Australia |
0.87 % |
|
Turkey |
0.79 % |
|
Luxembourg |
0.74 % |
|
Israel |
0.69 % |
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Chile |
0.63 % |
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Netherlands |
0.63 % |
|
South Africa |
0.62 % |
|
Nigeria |
0.60 % |
|
Angola |
0.55 % |
|
Hong Kong |
0.52 % |
|
Macau |
0.51 % |
|
Dominican Republic |
0.40 % |
|
Ireland |
0.39 % |
|
Indonesia |
0.34 % |
|
China |
0.33 % |
|
Norway |
0.33 % |
|
Peru |
0.33 % |
|
Finland |
0.31 % |
|
Kazakhstan |
0.30 % |
|
Puerto Rico |
0.30 % |
|
Switzerland |
0.28 % |
|
Egypt |
0.25 % |
|
Slovenia |
0.22 % |
|
Zambia |
0.21 % |
|
Jersey (Channel Islands) |
0.20 % |
|
Panama |
0.19 % |
|
Romania |
0.18 % |
|
Senegal |
0.18 % |
|
El Salvador |
0.12 % |
|
Azerbaijan |
0.11 % |
|
Guatemala |
0.11 % |
|
Cayman Islands |
0.10 % |
|
Uzbekistan |
0.10 % |
|
Ecuador |
0.09 % |
|
Malaysia |
0.08 % |
|
Ukraine |
0.08 % |
|
Argentina |
0.05 % |
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Jamaica |
0.05 % |
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Austria |
0.04 % |
|
Czech Republic |
0.04 % |
|
Kuwait |
0.04 % |
|
Morocco |
0.04 % |
|
Serbia |
0.03 % |
|
Japan |
0.02 % |
|
Trinidad and Tobago |
0.02 % |
|
Cash & Cash Equivalents |
0.96 % |
|
Total Investments |
100.00 % |
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Net Currency Exposure Breakdown |
Portfolio % |
|
US Dollar |
100.16 % |
|
Pound Sterling |
0.20 % |
|
Canadian Dollar |
0.19 % |
|
Norwegian Krone |
0.02 % |
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Brazilian Real |
0.01 % |
|
Colombian Peso |
0.01 % |
|
Indonesian Rupiah |
0.01 % |
|
South African Rand |
0.01 % |
|
Swiss Franc |
-0.01 % |
|
Czech Koruna |
-0.01 % |
|
Hungarian Forint |
-0.01 % |
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Mexican Peso |
-0.01 % |
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Polish Zloty |
-0.01 % |
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Singapore Dollar |
-0.01 % |
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Euro |
-0.55 % |
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Total Net Assets |
100.00 % |
|
Credit Rating |
Portfolio % |
|
AAA |
2.38 % |
|
AA |
-1.33 % |
|
A |
1.03 % |
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BBB |
15.86 % |
|
BB |
43.85 % |
|
B |
25.84 % |
|
CCC |
8.18 % |
|
CC |
0.09 % |
|
C |
0.14 % |
|
Not Rated |
2.45 % |
|
Short Term Investments |
0.96 % |
|
Reverse Repurchase Agreements |
-0.92 % |
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N/A |
1.47 % |
|
Total |
100.00 % |
|
Bonds by Maturity |
Portfolio % |
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Less than 1 Year |
7.00 % |
|
1 to 5 Years |
69.40 % |
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5 to 10 Years |
19.43 % |
|
10 to 20 Years |
2.15 % |
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20 to 30 Years |
0.97 % |
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More than 30 Years |
0.89 % |
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Other |
0.16 % |
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Total Net Assets |
100.00 % |
|
Portfolio Statistics: |
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Average Coupon: |
7.66 % |
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Average Bond Price: |
95.54 |
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Percentage of Leverage(based on gross assets): |
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Bank Borrowing: |
0.00 % |
|
Investment Operations:* |
18.61 % |
|
Preferred Stock: |
0.00 % |
|
Tender Option Bonds: |
0.00 % |
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VMTP Shares: |
0.00 % |
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VRDP Shares: |
0.00 % |
|
Total Fund Leverage: |
18.61 % |
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Average Maturity: |
4.51 Years |
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Effective Duration: |
2.98 Years |
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Total Net Assets: |
$971.97 Million |
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Net Asset Value: |
$11.27 |
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Total Number of Holdings: |
1,241 |
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Portfolio Turnover: |
68.00 % |
* 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. |
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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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