AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, Aug. 25 /PRNewswire-FirstCall/ -- AllianceBernstein Global High Income Fund, Inc.(NYSE: AWF) (the "Fund") today released its monthly portfolio update as of July 31, 2010.
AllianceBernstein Global High Income Fund, Inc. |
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Top 10 Fixed Income Holdings |
Portfolio % |
|
1) Republic of Brazil 12.50%, 1/05/16 - 1/05/22 |
1.73% |
|
2) Argentina Bonos 7.00%, 10/03/15 |
1.51% |
|
3) Republic of Colombia 7.375%, 1/27/17 - 9/18/37 |
1.31% |
|
4) Republic of Philippines 9.875%, 1/15/19 |
1.14% |
|
5) Republic of Colombia 12.00%, 10/22/15 |
0.97% |
|
6) Republic of Indonesia 6.875%, 1/17/18 |
0.97% |
|
7) Gaz Capital SA for Gazprom 6.51%, 3/07/22 |
0.92% |
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8) RSHB Capital SA for OJSC Russian Agricultural Bank 7.75%, 5/29/18 |
0.92% |
|
9) Republic of Indonesia 6.625%, 2/17/37 |
0.83% |
|
10) South Africa Government Bond Series R203 8.25%,9/15/17 |
0.75% |
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Fixed Income Holdings by Security Type |
Portfolio % |
|
Corporates - Non-Investment Grades |
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Industrial |
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Basic |
5.64% |
|
Consumer Cyclical - Other |
4.44% |
|
Consumer Non-Cyclical |
4.40% |
|
Communications - Media |
3.93% |
|
Capital Goods |
3.77% |
|
Energy |
2.91% |
|
Communications - Telecommunications |
2.70% |
|
Consumer Cyclical - Retailers |
2.08% |
|
Technology |
2.04% |
|
Consumer Cyclical - Automotive |
1.54% |
|
Services |
1.26% |
|
Transportation - Services |
0.81% |
|
Other Industrial |
0.65% |
|
Transportation - Airlines |
0.56% |
|
Consumer Cyclical - Entertainment |
0.28% |
|
Consumer Cyclical - Restaurants |
0.21% |
|
Transportation - Railroads |
0.11% |
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SUBTOTAL |
37.33% |
|
Financial Institutions |
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Banking |
1.58% |
|
Finance |
1.22% |
|
Insurance |
1.13% |
|
Brokerage |
0.34% |
|
Other Finance |
0.31% |
|
SUBTOTAL |
4.58% |
|
Utility |
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Electric |
2.16% |
|
Natural Gas |
0.62% |
|
SUBTOTAL |
2.78% |
|
Credit Default Index Holdings |
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DJ CDX.NA.HY-100 |
0.41% |
|
SUBTOTAL |
0.41% |
|
SUBTOTAL |
45.10% |
|
Emerging Markets - Sovereigns |
14.70% |
|
Corporates - Investment Grades |
||
Financial Institutions |
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Banking |
1.67% |
|
Insurance |
1.34% |
|
Finance |
0.30% |
|
REITS |
0.27% |
|
Other Finance |
0.25% |
|
Brokerage |
0.05% |
|
SUBTOTAL |
3.88% |
|
Industrial |
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Basic |
1.17% |
|
Energy |
0.88% |
|
Other Industrial |
0.33% |
|
Technology |
0.25% |
|
Capital Goods |
0.18% |
|
Communications - Telecommunications |
0.17% |
|
Services |
0.15% |
|
Consumer Non-Cyclical |
0.14% |
|
Consumer Cyclical - Retailers |
0.11% |
|
Transportation - Airlines |
0.08% |
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SUBTOTAL |
3.46% |
|
Non Corporate Sectors |
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Agencies - Not Government Guaranteed |
1.85% |
|
SUBTOTAL |
1.85% |
|
Utility |
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Electric |
0.19% |
|
SUBTOTAL |
0.19% |
|
SUBTOTAL |
9.38% |
|
Commercial Mortgage-Backed Securities |
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Non-Agency Fixed Rate CMBS |
6.73% |
|
Non-Agency Floating Rate CMBS |
0.13% |
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SUBTOTAL |
6.86% |
|
Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
4.72% |
|
SUBTOTAL |
4.72% |
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Governments - Treasuries |
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Treasuries |
3.95% |
|
SUBTOTAL |
3.95% |
|
Governments - Sovereign Bonds |
2.97% |
|
CMOs |
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Non-Agency Fixed Rate |
1.28% |
|
Non-Agency Floating Rate |
0.74% |
|
Non-Agency ARMs |
0.31% |
|
SUBTOTAL |
2.33% |
|
Emerging Markets - Treasuries |
2.10% |
|
Bank Loans |
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Industrial |
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Communications - Media |
0.44% |
|
Capital Goods |
0.20% |
|
Technology |
0.18% |
|
Basic |
0.15% |
|
Consumer Cyclical - Automotive |
0.15% |
|
Consumer Cyclical - Other |
0.13% |
|
Services |
0.10% |
|
Consumer Cyclical - Retailers |
0.08% |
|
Energy |
0.06% |
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Consumer Non-Cyclical |
0.03% |
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SUBTOTAL |
1.52% |
|
Financial Institutions |
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Finance |
0.15% |
|
REITS |
0.10% |
|
SUBTOTAL |
0.25% |
|
Utility |
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Electric |
0.18% |
|
SUBTOTAL |
0.18% |
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SUBTOTAL |
1.95% |
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Emerging Markets - Corporate Bonds |
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Industrial |
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Basic |
0.36% |
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Consumer Non-Cyclical |
0.23% |
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Consumer Cyclical - Retailers |
0.17% |
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Energy |
0.14% |
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Other Industrial |
0.13% |
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SUBTOTAL |
1.03% |
|
Financial Institutions |
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Banking |
0.63% |
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Other Finance |
0.23% |
|
SUBTOTAL |
0.86% |
|
SUBTOTAL |
1.89% |
|
Asset-Backed Securities |
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Home Equity Loans - Fixed Rate |
1.09% |
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Home Equity Loans - Floating Rate |
0.15% |
|
SUBTOTAL |
1.24% |
|
Supranationals |
0.57% |
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Corporate Bonds |
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Non Corporate Sectors |
0.43% |
|
SUBTOTAL |
0.43% |
|
Local Governments - Regional Bonds |
0.39% |
|
Common Stocks |
0.36% |
|
Local Governments - Municipal Bonds |
0.29% |
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Agencies |
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Agency Subordinated |
0.22% |
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SUBTOTAL |
0.22% |
|
Preferred Stocks |
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Financial Institutions |
0.20% |
|
SUBTOTAL |
0.20% |
|
Governments - Sovereign Agencies |
0.10% |
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Warrants |
0.01% |
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Short-Term Investments |
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Investment Companies |
0.24% |
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Total Fixed Income |
100.00% |
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Country Breakdown |
Portfolio % |
|
United States |
53.93% |
|
Russia |
6.29% |
|
Brazil |
4.59% |
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Colombia |
3.10% |
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Indonesia |
2.84% |
|
United Kingdom |
2.02% |
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Argentina |
2.00% |
|
Kazakhstan |
1.75% |
|
Ukraine |
1.69% |
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Philippines |
1.65% |
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Turkey |
1.62% |
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Venezuela |
1.48% |
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South Africa |
1.38% |
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Canada |
1.10% |
|
El Salvador |
1.03% |
|
Peru |
1.01% |
|
Dominican Republic |
1.01% |
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Uruguay |
1.00% |
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Netherlands |
0.97% |
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Panama |
0.87% |
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Hungary |
0.86% |
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Ireland |
0.67% |
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Germany |
0.60% |
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Croatia |
0.57% |
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Supranational |
0.57% |
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Italy |
0.48% |
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Lithuania |
0.43% |
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Egypt |
0.38% |
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India |
0.34% |
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Barbados |
0.33% |
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Hong Kong |
0.33% |
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Ghana |
0.31% |
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Iceland |
0.29% |
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Greece |
0.26% |
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China |
0.25% |
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France |
0.25% |
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Luxembourg |
0.23% |
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Switzerland |
0.23% |
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Czech Republic |
0.22% |
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Gabon |
0.20% |
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Trinidad & Tobago |
0.14% |
|
Sweden |
0.13% |
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Serbia & Montenegro |
0.12% |
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Norway |
0.12% |
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Australia |
0.11% |
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Japan |
0.09% |
|
Poland |
0.08% |
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Jamaica |
0.04% |
|
Denmark |
0.04% |
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Total Investments |
100.00% |
|
Credit Quality Breakdown |
Portfolio % |
|
AAA |
5.56% |
|
AA |
1.27% |
|
A |
3.99% |
|
BBB |
21.55% |
|
BB |
27.50% |
|
B |
27.94% |
|
CCC |
11.19% |
|
CC |
0.17% |
|
D |
0.12% |
|
A-1+ |
0.24% |
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N/R |
0.47% |
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Total Investments |
100.00% |
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Portfolio Statistics: |
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Percentage of Leverage: |
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Bank Borrowing: |
0.00% |
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Investment Operations: |
17.71%* |
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Preferred Stock: |
0.00% |
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Tender Option Bonds: |
0.00% |
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Term Asset-Backed Loans Facility (TALF): |
0.00% |
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Total Fund Leverage: |
17.71% |
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Average Maturity: |
8.78 Years |
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Effective Duration: |
5.66 Years |
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Total Net Assets: |
$1,248.2 |
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Net Asset Value: |
$14.66 |
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Number of Holdings: |
732 |
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* 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.
SOURCE AllianceBernstein Global High Income Fund, Inc.
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