AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, Oct. 25, 2011 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.(NYSE: AWF) (the "Fund") today released its monthly portfolio update as of September 30, 2011.
AllianceBernstein Global High Income Fund, Inc. |
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Top 10 Fixed Income Holdings |
Portfolio % |
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1) Argentina Bonos 7.00%, 10/03/15 |
1.27% |
|
2) Republic of Brazil 12.50%, 1/05/16 - 1/05/22 |
1.21% |
|
3) Russian Agricultural Bank OJSC Via RSHB Capital SA 7.75%, 5/29/18 |
0.96% |
|
4) Gazprom OAO Via Gaz Capital SA 6.51%, 3/07/22 |
0.88% |
|
5) Dominican Republic International Bond 8.625%, 4/20/27 |
0.69% |
|
6) Russian Capital SA for OJSC Russian Agricultural Bank 6.299%, 5/15/17 |
0.64% |
|
7) Gazprom OAO Via Gaz Capital SA 9.25%, 4/23/19 |
0.58% |
|
8) Morgan Stanley Capital I Series 2006-IQ12, Class AM 5.37%, 12/15/43 |
0.56% |
|
9) South Africa Government Bond Series R207 7.25%, 1/15/20 |
0.56% |
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10) El Salvador 7.65%, 6/15/35 |
0.53% |
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Fixed Income Holdings by Security Type |
Portfolio % |
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Corporates - Non-Investment Grades |
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Industrial |
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Consumer Non-Cyclical |
6.17% |
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Capital Goods |
5.30% |
|
Energy |
4.86% |
|
Communications - Media |
4.35% |
|
Consumer Cyclical - Other |
4.20% |
|
Basic |
4.17% |
|
Technology |
3.34% |
|
Communications - Telecommunications |
2.96% |
|
Consumer Cyclical - Automotive |
2.28% |
|
Consumer Cyclical - Retailers |
1.47% |
|
Other Industrial |
1.24% |
|
Services |
1.14% |
|
Transportation - Services |
0.83% |
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Consumer Cyclical - Entertainment |
0.75% |
|
Transportation - Airlines |
0.57% |
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Consumer Cyclical - Restaurants |
0.51% |
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Transportation - Railroads |
0.03% |
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SUBTOTAL |
44.17% |
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Financial Institutions |
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Banking |
1.15% |
|
Finance |
1.01% |
|
Insurance |
0.89% |
|
Other Finance |
0.51% |
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Brokerage |
0.34% |
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REITS |
0.15% |
|
SUBTOTAL |
4.05% |
|
Utility |
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Electric |
1.83% |
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Natural Gas |
0.91% |
|
SUBTOTAL |
2.74% |
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Non Corporate Sectors |
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Agencies - Not Government Guaranteed |
0.26% |
|
SUBTOTAL |
0.26% |
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SUBTOTAL |
51.22% |
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Corporates - Investment Grades |
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Financial Institutions |
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Banking |
2.68% |
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Insurance |
2.19% |
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Other Finance |
0.49% |
|
Finance |
0.31% |
|
REITS |
0.23% |
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Brokerage |
0.19% |
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SUBTOTAL |
6.09% |
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Industrial |
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Basic |
1.42% |
|
Consumer Cyclical - Retailers |
0.28% |
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Other Industrial |
0.27% |
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Energy |
0.23% |
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Communications - Telecommunications |
0.18% |
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Capital Goods |
0.11% |
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Transportation - Airlines |
0.08% |
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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 |
1.81% |
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SUBTOTAL |
1.81% |
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Utility |
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Electric |
0.21% |
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SUBTOTAL |
0.21% |
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SUBTOTAL |
10.69% |
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Emerging Markets - Corporate Bonds |
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Industrial |
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Basic |
1.31% |
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Communications - Media |
0.54% |
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Energy |
0.45% |
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Communications - Telecommunications |
0.44% |
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Consumer Non-Cyclical |
0.40% |
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Consumer Cyclical - Other |
0.26% |
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Other Industrial |
0.25% |
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Transportation - Airlines |
0.15% |
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Transportation - Services |
0.13% |
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Consumer Cyclical - Retailers |
0.07% |
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Technology |
0.04% |
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SUBTOTAL |
4.04% |
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Financial Institutions |
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Banking |
0.94% |
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Other Finance |
0.28% |
|
REITS |
0.11% |
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Insurance |
0.04% |
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SUBTOTAL |
1.37% |
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Utility |
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Electric |
0.06% |
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SUBTOTAL |
0.06% |
|
SUBTOTAL |
5.47% |
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Emerging Markets - Sovereigns |
5.26% |
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Collateralized Mortgage Obligations |
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Non-Agency Floating Rate |
1.96% |
|
Non-Agency Fixed Rate |
1.33% |
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Non-Agency ARMs |
0.10% |
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SUBTOTAL |
3.39% |
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Commercial Mortgage-Backed Securities |
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Non-Agency Fixed Rate CMBS |
3.01% |
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Non-Agency Floating Rate CMBS |
0.27% |
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SUBTOTAL |
3.28% |
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Governments - Treasuries |
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Treasuries |
3.16% |
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SUBTOTAL |
3.16% |
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Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
3.05% |
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SUBTOTAL |
3.05% |
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Bank Loans |
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Industrial |
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Capital Goods |
0.39% |
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Services |
0.31% |
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Communications - Media |
0.28% |
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Technology |
0.23% |
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Other Industrial |
0.19% |
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Consumer Non-Cyclical |
0.18% |
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Consumer Cyclical - Other |
0.17% |
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Consumer Cyclical - Automotive |
0.14% |
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Consumer Cyclical - Entertainment |
0.14% |
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Consumer Cyclical - Retailers |
0.11% |
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Energy |
0.10% |
|
Basic |
0.03% |
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Transportation - Services |
0.01% |
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SUBTOTAL |
2.28% |
|
Utility |
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Electric |
0.18% |
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SUBTOTAL |
0.18% |
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Financial Institutions |
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Finance |
0.14% |
|
SUBTOTAL |
0.14% |
|
SUBTOTAL |
2.60% |
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Emerging Markets - Treasuries |
2.23% |
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Governments - Sovereign Bonds |
1.91% |
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Asset-Backed Securities |
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Home Equity Loans - Fixed Rate |
0.92% |
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Home Equity Loans - Floating Rate |
0.27% |
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Other ABS - Fixed Rate |
0.03% |
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SUBTOTAL |
1.22% |
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Preferred Stocks |
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Financial Institutions |
0.70% |
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Industrial |
0.14% |
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Non Corporate Sectors |
0.01% |
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SUBTOTAL |
0.85% |
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Local Governments - Municipal Bonds |
0.70% |
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Supranationals |
0.65% |
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Local Governments - Regional Bonds |
0.56% |
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Inflation-Linked Securities |
0.35% |
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Common Stocks |
0.21% |
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Governments - Sovereign Agencies |
0.09% |
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Options Purchased - Puts |
0.08% |
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Warrants |
0.03% |
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Short-Term Investments |
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Investment Companies |
3.00% |
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Total Fixed Income |
100.00% |
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Country Breakdown |
Portfolio % |
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United States |
61.48% |
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Russia |
5.20% |
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Brazil |
3.78% |
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Argentina |
2.60% |
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United Kingdom |
2.44% |
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Netherlands |
1.25% |
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Luxembourg |
1.25% |
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Dominican Republic |
1.15% |
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Ukraine |
1.10% |
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Indonesia |
1.08% |
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Germany |
1.01% |
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South Africa |
0.99% |
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Kazakhstan |
0.94% |
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Canada |
0.92% |
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Switzerland |
0.88% |
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Ireland |
0.81% |
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El Salvador |
0.81% |
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Hungary |
0.74% |
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Supranational |
0.65% |
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Colombia |
0.65% |
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India |
0.57% |
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France |
0.56% |
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Croatia |
0.55% |
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Italy |
0.55% |
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China |
0.53% |
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Peru |
0.52% |
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Spain |
0.52% |
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Cote D'Ivoire |
0.49% |
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New Zealand |
0.48% |
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Hong Kong |
0.45% |
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Turkey |
0.41% |
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Philippines |
0.38% |
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Chile |
0.35% |
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Uruguay |
0.35% |
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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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Serbia & Montenegro |
0.25% |
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Ghana |
0.24% |
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Japan |
0.21% |
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Egypt |
0.21% |
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Greece |
0.17% |
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Poland |
0.17% |
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Trinidad & Tobago |
0.16% |
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Lithuania |
0.13% |
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Panama |
0.12% |
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Czech Republic |
0.11% |
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Bermuda |
0.10% |
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Austria |
0.08% |
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Jamaica |
0.08% |
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Denmark |
0.07% |
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Israel |
0.06% |
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Norway |
0.05% |
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Singapore |
0.04% |
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Cayman Islands |
0.04% |
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Total Investments |
100.00% |
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Net Currency Exposure Breakdown |
Portfolio % |
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United States Dollar |
93.40% |
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Chinese Yuan Renminbi (Offshore) |
1.41% |
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Singapore Dollar |
1.10% |
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Norwegian Krone |
1.04% |
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Mexican Peso |
0.97% |
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Malaysian Ringgit |
0.53% |
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Russian Rubles |
0.51% |
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Dominican Peso |
0.50% |
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Brazilian Real |
0.48% |
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New Turkish Lira |
0.47% |
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Uruguayan Peso |
0.37% |
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Ukraine Hryvnia |
0.27% |
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Philippine Peso |
0.26% |
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Chilean Peso |
0.24% |
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Egypt Pound |
0.22% |
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Colombian Peso |
0.22% |
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Chinese Yuan Renminbi |
0.06% |
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Hungarian Forint |
0.05% |
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South African Rand |
0.04% |
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Indonesian Rupiah |
0.02% |
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Australian Dollar |
0.01% |
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Great British Pound |
-0.04% |
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Euro Dollar |
-2.13% |
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Total Investments |
100.00% |
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Credit Quality Breakdown |
Portfolio % |
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AAA |
1.42% |
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AA |
1.24% |
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A |
5.64% |
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BBB |
17.70% |
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BB |
25.20% |
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B |
32.73% |
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CCC |
9.70% |
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CC |
0.57% |
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D |
0.35% |
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Short Term Investments |
3.01% |
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Not Rated |
2.44% |
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Total Investments |
100.00% |
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Portfolio Statistics: |
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Average Coupon: |
8.64 |
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Average Bond Price : |
85.62 |
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Percentage of Leverage: |
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Bank Borrowing: |
0.00% |
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Investment Operations: |
11.35%* |
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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: |
11.35% |
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Average Maturity: |
7.58 Years |
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Effective Duration: |
4.86 Years |
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Total Net Assets: |
$1,180.58 Million |
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Net Asset Value: |
$13.86 |
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Number of Holdings: |
866 |
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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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