AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
Sep 27, 2011, 04:06 ET
NEW YORK, Sept. 27, 2011 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of August 31, 2011.
AllianceBernstein Global High Income Fund, Inc. |
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Top 10 Fixed Income Holdings |
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Portfolio % |
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1) Republic of Brazil 12.50%, 1/05/16 - 1/05/22 |
1.45% |
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2) Argentina Bonos 7.00%, 10/03/15 |
1.33% |
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3) Russian Agricultural Bank OJSC Via RSHB Capital SA 7.75%, 5/29/18 |
0.97% |
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4) Gazprom OAO Via Gaz Capital SA 6.51%, 3/07/22 |
0.91% |
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5) Dominican Republic International Bond 8.625%, 4/20/27 |
0.67% |
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6) Russian Agricultural Bank OJSC Via RSHB Capital SA 6.299%, 5/15/17 |
0.64% |
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7) South Africa Government Bond Series R207 7.25%, 1/15/20 |
0.62% |
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8) Gazprom OAO Via Gaz Capital SA 9.25%, 4/23/19 |
0.60% |
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9) Argentina Bonos Series X 7.00%, 4/17/17 |
0.58% |
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10) El Salvador 7.65%, 6/15/35 |
0.54% |
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Fixed Income Holdings by Security Type |
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Portfolio % |
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Corporates - Non-Investment Grades |
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Industrial |
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Consumer Non-Cyclical |
6.02% |
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Capital Goods |
5.08% |
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Energy |
4.76% |
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Communications - Media |
4.32% |
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Basic |
4.10% |
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Consumer Cyclical - Other |
4.10% |
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Technology |
3.30% |
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Communications - Telecommunications |
2.98% |
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Consumer Cyclical - Automotive |
2.30% |
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Consumer Cyclical - Retailers |
1.50% |
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Other Industrial |
1.25% |
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Services |
1.11% |
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Transportation - Services |
0.81% |
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Consumer Cyclical - Entertainment |
0.72% |
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Transportation - Airlines |
0.57% |
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Consumer Cyclical - Restaurants |
0.49% |
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Transportation - Railroads |
0.03% |
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SUBTOTAL |
43.44% |
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Financial Institutions |
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Banking |
1.51% |
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Finance |
1.08% |
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Insurance |
0.93% |
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Other Finance |
0.48% |
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Brokerage |
0.33% |
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REITS |
0.15% |
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SUBTOTAL |
4.48% |
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Utility |
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Electric |
1.80% |
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Natural Gas |
0.87% |
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SUBTOTAL |
2.67% |
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Non Corporate Sectors |
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Agencies - Not Government Guaranteed |
0.24% |
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SUBTOTAL |
0.24% |
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SUBTOTAL |
50.83% |
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Corporates - Investment Grades |
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Financial Institutions |
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Banking |
2.98% |
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Insurance |
2.28% |
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Other Finance |
0.46% |
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Finance |
0.30% |
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REITS |
0.23% |
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Brokerage |
0.19% |
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SUBTOTAL |
6.44% |
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Industrial |
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Basic |
1.39% |
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Other Industrial |
0.29% |
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Consumer Cyclical - Retailers |
0.27% |
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Energy |
0.23% |
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Communications - Telecommunications |
0.17% |
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Capital Goods |
0.15% |
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Transportation - Airlines |
0.07% |
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Technology |
0.01% |
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SUBTOTAL |
2.58% |
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Non Corporate Sectors |
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Agencies - Not Government Guaranteed |
1.84% |
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SUBTOTAL |
1.84% |
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Utility |
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Electric |
0.20% |
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SUBTOTAL |
0.20% |
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SUBTOTAL |
11.06% |
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Emerging Markets - Corporate Bonds |
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Industrial |
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Basic |
1.34% |
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Communications - Media |
0.55% |
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Energy |
0.50% |
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Communications - Telecommunications |
0.45% |
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Consumer Non-Cyclical |
0.41% |
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Consumer Cyclical - Other |
0.38% |
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Other Industrial |
0.28% |
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Capital Goods |
0.16% |
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Transportation - Airlines |
0.15% |
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Transportation - Services |
0.14% |
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Consumer Cyclical - Retailers |
0.07% |
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Technology |
0.04% |
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SUBTOTAL |
4.47% |
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Financial Institutions |
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Banking |
0.97% |
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Other Finance |
0.28% |
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REITS |
0.13% |
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Insurance |
0.04% |
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SUBTOTAL |
1.42% |
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Utility |
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Electric |
0.06% |
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SUBTOTAL |
0.06% |
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SUBTOTAL |
5.95% |
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Emerging Markets - Sovereigns |
5.31% |
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Governments - Treasuries |
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Treasuries |
3.66% |
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SUBTOTAL |
3.66% |
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Collateralized Mortgage Obligations |
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Non-Agency Floating Rate |
1.90% |
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Non-Agency Fixed Rate |
1.27% |
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Non-Agency ARMs |
0.09% |
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SUBTOTAL |
3.26% |
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Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
3.08% |
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SUBTOTAL |
3.08% |
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Commercial Mortgage-Backed Securities |
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Non-Agency Fixed Rate CMBS |
2.48% |
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Non-Agency Floating Rate CMBS |
0.27% |
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SUBTOTAL |
2.75% |
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Bank Loans |
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Industrial |
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Consumer Cyclical - Automotive |
0.37% |
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Capital Goods |
0.36% |
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Services |
0.29% |
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Communications - Media |
0.27% |
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Consumer Non-Cyclical |
0.21% |
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Technology |
0.21% |
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Consumer Cyclical - Other |
0.17% |
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Consumer Cyclical - Entertainment |
0.13% |
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Consumer Cyclical - Retailers |
0.10% |
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Energy |
0.09% |
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Basic |
0.03% |
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Other Industrial |
0.03% |
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Transportation - Services |
0.01% |
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SUBTOTAL |
2.27% |
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Utility |
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Electric |
0.17% |
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SUBTOTAL |
0.17% |
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Financial Institutions |
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Finance |
0.14% |
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SUBTOTAL |
0.14% |
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Non Corporate Sectors |
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Foreign Local Government - Municipal |
0.03% |
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SUBTOTAL |
0.03% |
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SUBTOTAL |
2.61% |
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Emerging Markets - Treasuries |
2.16% |
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Local Governments - Municipal Bonds |
2.09% |
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Governments - Sovereign Bonds |
1.69% |
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Asset-Backed Securities |
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Home Equity Loans - Fixed Rate |
0.87% |
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Home Equity Loans - Floating Rate |
0.25% |
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Other ABS - Fixed Rate |
0.03% |
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SUBTOTAL |
1.15% |
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Preferred Stocks |
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Financial Institutions |
0.68% |
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Industrial |
0.13% |
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Non Corporate Sectors |
0.01% |
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SUBTOTAL |
0.82% |
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Supranationals |
0.65% |
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Local Governments - Regional Bonds |
0.58% |
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Inflation-Linked Securities |
0.39% |
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Common Stocks |
0.16% |
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Governments - Sovereign Agencies |
0.09% |
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Warrants |
0.03% |
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Options Purchased - Puts |
0.01% |
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Short-Term Investments |
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Investment Companies |
1.67% |
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Total Fixed Income |
100.00% |
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Country Breakdown |
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Portfolio % |
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United States |
60.20% |
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Russia |
5.32% |
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Brazil |
4.18% |
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Argentina |
2.78% |
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United Kingdom |
2.63% |
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Netherlands |
1.29% |
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Ukraine |
1.17% |
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Dominican Republic |
1.11% |
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Luxembourg |
1.07% |
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South Africa |
1.07% |
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Germany |
1.06% |
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Indonesia |
1.03% |
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Ireland |
1.01% |
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Kazakhstan |
0.96% |
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Canada |
0.89% |
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Hungary |
0.82% |
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El Salvador |
0.80% |
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Switzerland |
0.68% |
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Colombia |
0.66% |
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Supranational |
0.65% |
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Italy |
0.63% |
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France |
0.60% |
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China |
0.57% |
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India |
0.56% |
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Hong Kong |
0.56% |
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Croatia |
0.55% |
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Spain |
0.53% |
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Cote D'Ivoire |
0.51% |
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Peru |
0.50% |
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New Zealand |
0.47% |
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Turkey |
0.42% |
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Uruguay |
0.39% |
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Philippines |
0.38% |
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Chile |
0.36% |
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Australia |
0.35% |
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Iceland |
0.34% |
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Barbados |
0.32% |
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United Arab Emirates |
0.26% |
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Japan |
0.26% |
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Ghana |
0.25% |
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Greece |
0.21% |
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Egypt |
0.19% |
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Poland |
0.17% |
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Mexico |
0.16% |
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Trinidad & Tobago |
0.15% |
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Lithuania |
0.13% |
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Czech Republic |
0.12% |
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Panama |
0.11% |
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Austria |
0.09% |
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Jamaica |
0.08% |
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Denmark |
0.07% |
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Serbia & Montenegro |
0.07% |
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Bermuda |
0.07% |
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Israel |
0.06% |
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Norway |
0.05% |
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Cayman Islands |
0.04% |
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Singapore |
0.04% |
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Total Investments |
100.00% |
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Net Currency Exposure Breakdown |
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Portfolio % |
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United States Dollar |
90.47% |
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Indonesian Rupiah |
1.73% |
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Singapore Dollar |
1.13% |
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South Korean Won |
1.11% |
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Norwegian Krone |
1.07% |
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Swedish Krona |
1.04% |
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Mexican Peso |
1.03% |
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Chinese Yuan Renminbi (Offshore) |
0.75% |
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Chinese Yuan Renminbi |
0.63% |
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Colombian Peso |
0.57% |
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Malaysian Ringgit |
0.54% |
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Brazilian Real |
0.49% |
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Dominican Peso |
0.48% |
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New Turkish Lira |
0.48% |
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Uruguayan Peso |
0.42% |
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Russian Rubles |
0.28% |
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Ukraine Hryvnia |
0.26% |
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Philippine Peso |
0.26% |
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Chilean Peso |
0.25% |
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Egypt Pound |
0.21% |
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South African Rand |
0.07% |
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Hungarian Forint |
0.07% |
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Australian Dollar |
0.02% |
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Great British Pound |
-0.15% |
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Japanese Yen |
-1.11% |
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Euro Dollar |
-2.10% |
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Total Investments |
100.00% |
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Credit Quality Breakdown |
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Portfolio % |
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AAA |
1.35% |
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AA |
1.21% |
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A |
5.35% |
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BBB |
19.18% |
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BB |
25.25% |
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B |
33.46% |
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CCC |
9.39% |
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CC |
0.55% |
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D |
0.28% |
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Short Term Investments |
1.67% |
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Not Rated |
2.31% |
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Total Investments |
100.00% |
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Portfolio Statistics: |
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Average Coupon: |
8.79 |
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Average Bond Price : |
91.37 |
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Percentage of Leverage: |
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Bank Borrowing: |
0.00% |
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Investment Operations: |
10.63%* |
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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: |
10.63% |
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Average Maturity: |
7.94 Years |
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Effective Duration: |
5.12 Years |
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Total Net Assets: |
$1,252.58 Million |
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Net Asset Value: |
$14.71 |
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Number of Holdings: |
892 |
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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.