AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, Oct. 26 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of September 30, 2010.
AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed Income Holdings Portfolio %
1) Republic of Brazil 12.50%, 1/05/16 - 1/05/22 1.83%
2) Argentina Bonos 7.00%, 10/03/15 1.18%
3) Republic of Philippines 9.875%, 1/15/19 1.14%
4) Republic of Colombia 12.00%, 10/22/15 0.98%
5) Gaz Capital SA for Gazprom 6.51%, 3/07/22 0.94%
6) RSHB Capital SA for OJSC Russian Agricultural 0.91%
Bank 7.75%, 5/29/18
7) Republic of Colombia 7.375%, 9/18/37 0.89%
8) Republic of Indonesia 6.625%, 2/17/37 0.86%
9) South Africa Government Bond Series R203 8.25%, 9/15/17 0.80%
10) Dominican Republic 8.625%, 4/20/27 0.68%
Fixed Income Holdings by Security Type Portfolio %
Corporates - Non-Investment Grades
Industrial
Basic 5.95%
Consumer Non-Cyclical 5.03%
Communications - Media 4.40%
Capital Goods 4.23%
Consumer Cyclical - Other 3.83%
Energy 3.15%
Communications - Telecommunications 2.82%
Technology 2.28%
Consumer Cyclical - Retailers 2.23%
Consumer Cyclical - Automotive 1.78%
Services 1.26%
Other Industrial 0.80%
Transportation - Services 0.79%
Consumer Cyclical - Entertainment 0.62%
Transportation - Airlines 0.54%
Consumer Cyclical - Restaurants 0.18%
Transportation - Railroads 0.11%
SUBTOTAL 40.00%
Financial Institutions
Banking 1.72%
Finance 1.02%
Insurance 0.84%
Other Finance 0.41%
Brokerage 0.33%
SUBTOTAL 4.32%
Utility
Electric 2.02%
Natural Gas 0.61%
SUBTOTAL 2.63%
Credit Default Index Holdings
DJ CDX.NA.HY-100 0.40%
SUBTOTAL 0.40%
SUBTOTAL 47.35%
Emerging Markets - Sovereigns 11.31%
Corporates - Investment Grades
Financial Institutions
Banking 2.05%
Insurance 1.69%
Finance 0.38%
REITS 0.27%
Other Finance 0.24%
Brokerage 0.05%
SUBTOTAL 4.68%
Industrial
Basic 1.02%
Energy 0.79%
Other Industrial 0.33%
Capital Goods 0.18%
Technology 0.18%
Communications - Telecommunications 0.17%
Transportation - Services 0.17%
Services 0.15%
Consumer Non-Cyclical 0.14%
Consumer Cyclical - Retailers 0.11%
Transportation - Airlines 0.08%
Communications - Media 0.04%
SUBTOTAL 3.36%
Non Corporate Sectors
Agencies - Not Government Guaranteed 1.85%
SUBTOTAL 1.85%
Utility
Electric 0.19%
SUBTOTAL 0.19%
SUBTOTAL 10.08%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS 6.91%
Non-Agency Floating Rate CMBS 0.13%
SUBTOTAL 7.04%
Quasi-Sovereigns
Quasi-Sovereign Bonds 4.64%
SUBTOTAL 4.64%
Governments - Treasuries
Treasuries 4.39%
SUBTOTAL 4.39%
Emerging Markets - Treasuries 2.86%
Emerging Markets - Corporate Bonds
Industrial
Basic 0.43%
Consumer Non-Cyclical 0.35%
Consumer Cyclical - Other 0.25%
Consumer Cyclical - Retailers 0.22%
Other Industrial 0.15%
Energy 0.14%
SUBTOTAL 1.54%
Financial Institutions
Banking 0.66%
Other Finance 0.22%
SUBTOTAL 0.88%
SUBTOTAL 2.42%
CMOs
Non-Agency Fixed Rate 1.25%
Non-Agency Floating Rate 0.80%
Non-Agency ARMs 0.30%
SUBTOTAL 2.35%
Governments - Sovereign Bonds 1.86%
Bank Loans
Industrial
Communications - Media 0.42%
Capital Goods 0.19%
Technology 0.18%
Basic 0.15%
Consumer Cyclical - Automotive 0.14%
Services 0.09%
Consumer Cyclical - Retailers 0.08%
Consumer Cyclical - Other 0.07%
Energy 0.06%
Consumer Cyclical - Entertainment 0.04%
Consumer Non-Cyclical 0.03%
SUBTOTAL 1.45%
Financial Institutions
Finance 0.11%
REITS 0.10%
SUBTOTAL 0.21%
Utility
Electric 0.17%
SUBTOTAL 0.17%
SUBTOTAL 1.83%
Asset-Backed Securities
Home Equity Loans - Fixed Rate 1.18%
Home Equity Loans - Floating Rate 0.25%
SUBTOTAL 1.43%
Supranationals 0.56%
Local Governments - Regional Bonds 0.42%
Inflation-Linked Securities 0.34%
Local Governments - Municipal Bonds 0.28%
Preferred Stocks
Financial Institutions 0.22%
SUBTOTAL 0.22%
Common Stocks 0.01%
Short-Term Investments
Investment Companies 0.61%
Total Fixed Income 100.00%
Country Breakdown
Portfolio %
United States 55.54%
Russia 6.06%
Brazil 4.00%
Colombia 2.53%
Argentina 2.21%
United Kingdom 2.18%
Turkey 1.85%
Indonesia 1.83%
Ukraine 1.78%
Kazakhstan 1.65%
South Africa 1.50%
Philippines 1.49%
Uruguay 1.31%
Netherlands 1.26%
Ireland 1.07%
Canada 1.04%
Dominican Republic 1.03%
El Salvador 1.02%
Hungary 0.91%
Venezuela 0.86%
Italy 0.68%
France 0.67%
Germany 0.65%
Supranational 0.56%
Croatia 0.55%
Peru 0.49%
Lithuania 0.42%
Luxembourg 0.38%
Hong Kong 0.33%
India 0.33%
Barbados 0.32%
Ghana 0.32%
Iceland 0.30%
Greece 0.27%
Egypt 0.27%
China 0.25%
Switzerland 0.24%
Czech Republic 0.22%
Chile 0.22%
Gabon 0.21%
Trinidad & Tobago 0.14%
Sweden 0.13%
Cote D'Ivoire 0.12%
Serbia & Montenegro 0.12%
Australia 0.11%
Panama 0.11%
Japan 0.09%
Norway 0.09%
Poland 0.09%
Austria 0.08%
Jamaica 0.04%
Singapore 0.04%
Denmark 0.04%
Total Investments 100.00%
Credit Quality Breakdown Portfolio %
AAA 5.67%
AA 1.87%
A 4.37%
BBB 19.81%
BB 25.53%
B 29.52%
CCC 11.58%
CC 0.13%
D 0.14%
A-1+ 0.62%
N/R 0.76%
Total Investments 100.00%
Portfolio Statistics:
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 16.42%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Term Asset-Backed Loans Facility (TALF): 0.00%
Total Fund Leverage: 16.42%
Average Maturity: 8.33 Years
Effective Duration: 5.38 Years
Total Net Assets: $1,286.5
Net Asset Value: $15.10
Number of Holdings: 763
* 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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