AllianceBernstein Global High Income Fund, Inc. Reports Fourth Quarter Earnings

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AllianceBernstein Global High Income Fund, Inc.

May 27, 2011, 04:06 ET

NEW YORK, May 27, 2011 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a registered closed-end investment company, today announced earnings for the fourth quarter ended March 31, 2011.

Total net assets of the Fund on March 31, 2011 were $1,318,652,192, as compared with $1,299,049,732 on December 31, 2010 and $1,232,795,720 on March 31, 2010. On March 31, 2011 the net asset value per share was $15.48 based on 85,171,832 shares outstanding.


	March 31, 2011	December 31, 2010	March 31, 2010

Total Net Assets	$1,318,652,192	$1,299,049,732	$1,232,795,720
NAV Per Share	$15.48	$15.25	$14.47
Shares Outstanding	85,171,832	85,171,832	85,171,833

For the period January 1, 2011 through March 31, 2011, total net investment income was $28,036,995 or $0.33 per share. The total net realized and unrealized gain/(loss) was $17,117,016 or $0.20 per share for the same period.


	Fourth Quarter Ended March 31, 2011	Third Quarter Ended December 31, 2010	Fourth Quarter Ended March 31, 2010

Total Net Investment Income	$28,036,995	$28,508,608	$25,555,378
Per Share	$0.33	$0.33	$0.30

Total Net Realized/ Unrealized Gain/(Loss)	$17,117,016	$9,564,195	**$50,251,387
Per Share	$0.20	$0.11	**$0.59

On September 25, 2009, AllianceBernstein Global High Income Fund, Inc. acquired all of the assets of ACM Managed Dollar Income Fund, Inc.

^**The amount presented above represents the gain for the quarter in addition to unrealized appreciation of $4,515,708 from the merger with ACM Managed Dollar Income Fund, Inc.

AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P.

SOURCE AllianceBernstein Global High Income Fund, Inc.