AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, Nov. 29, 2011 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of October 31, 2011.
| AllianceBernstein Global High Income Fund, Inc. |
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| Top 10 Fixed Income Holdings |
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Portfolio % |
| 1) Republic of Brazil 12.50%, 1/05/16 - 1/05/22 |
1.37% |
| 2) Argentina Bonos 7.00%, 10/03/15 |
1.31% |
| 3) Russian Agricultural Bank OJSC Via RSHB Capital |
0.98% |
| SA 7.75%, 5/29/18 |
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| 4) Gazprom OAO Via Gaz Capital SA 6.51%, 3/07/22 |
0.92% |
| 5) Dominican Republic International Bond 8.625%, |
0.68% |
| 4/20/2027 |
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| 6) Russian Agricultural Bank OJSC Via RSHB Capital |
0.65% |
| SA 6.299%, 5/15/17 |
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| 7) Gazprom OAO Via Gaz Capital SA 9.25%, 4/23/19 |
0.61% |
| 8) South Africa Government Bond Series R207 7.25%, |
0.57% |
| 1/15/2020 |
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| 9) Morgan Stanley Capital I Series 2006-IQ12, |
0.57% |
| Class AM 5.37%, 12/15/43 |
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| 10) Argentina Bonos Series X 7.00%, 4/17/17 |
0.56% |
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| Fixed Income Holdings by Security Type |
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Portfolio % |
| Corporates - Non-Investment Grades |
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| Industrial |
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| Consumer Non-Cyclical |
6.80% |
| Capital Goods |
5.44% |
| Energy |
5.00% |
| Communications - Media |
4.55% |
| Consumer Cyclical - Other |
4.13% |
| Basic |
3.90% |
| Technology |
3.26% |
| Communications - Telecommunications |
2.93% |
| Consumer Cyclical - Automotive |
2.45% |
| Consumer Cyclical - Retailers |
1.42% |
| Services |
1.30% |
| Other Industrial |
1.25% |
| Transportation - Services |
0.87% |
| Consumer Cyclical - Entertainment |
0.78% |
| Transportation - Airlines |
0.55% |
| Consumer Cyclical - Restaurants |
0.52% |
| Transportation - Railroads |
0.03% |
| SUBTOTAL |
45.18% |
| Financial Institutions |
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| Banking |
1.26% |
| Finance |
1.03% |
| Insurance |
0.79% |
| Other Finance |
0.51% |
| Brokerage |
0.35% |
| REITS |
0.15% |
| SUBTOTAL |
4.09% |
| Utility |
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| Electric |
1.93% |
| Natural Gas |
0.92% |
| SUBTOTAL |
2.85% |
| SUBTOTAL |
52.12% |
| Corporates - Investment Grades |
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| Financial Institutions |
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| Banking |
3.08% |
| Insurance |
2.15% |
| Other Finance |
0.48% |
| Finance |
0.31% |
| REITS |
0.23% |
| Brokerage |
0.18% |
| SUBTOTAL |
6.43% |
| Industrial |
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| Basic |
1.52% |
| Energy |
0.47% |
| Consumer Cyclical - Retailers |
0.36% |
| Other Industrial |
0.30% |
| Communications - Telecommunications |
0.19% |
| Capital Goods |
0.10% |
| Transportation - Airlines |
0.08% |
| Technology |
0.01% |
| SUBTOTAL |
3.03% |
| Non Corporate Sectors |
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| Agencies - Not Government Guaranteed |
1.61% |
| SUBTOTAL |
1.61% |
| Utility |
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| Electric |
0.21% |
| SUBTOTAL |
0.21% |
| SUBTOTAL |
11.28% |
| Emerging Markets - Sovereigns |
5.39% |
| Emerging Markets - Corporate Bonds |
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| Industrial |
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| Basic |
1.40% |
| Communications - Media |
0.55% |
| Communications - Telecommunications |
0.46% |
| Consumer Non-Cyclical |
0.43% |
| Energy |
0.33% |
| Other Industrial |
0.33% |
| Transportation - Airlines |
0.20% |
| Technology |
0.16% |
| Consumer Cyclical - Other |
0.14% |
| Transportation - Services |
0.12% |
| Consumer Cyclical - Retailers |
0.08% |
| SUBTOTAL |
4.20% |
| Financial Institutions |
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| Banking |
0.57% |
| Other Finance |
0.29% |
| Insurance |
0.03% |
| SUBTOTAL |
0.89% |
| Utility |
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| Electric |
0.04% |
| SUBTOTAL |
0.04% |
| SUBTOTAL |
5.13% |
| Collateralized Mortgage Obligations |
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| Non-Agency Floating Rate |
2.40% |
| Non-Agency Fixed Rate |
1.27% |
| Non-Agency ARMs |
0.10% |
| SUBTOTAL |
3.77% |
| Commercial Mortgage-Backed Securities |
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| Non-Agency Fixed Rate CMBS |
3.03% |
| Non-Agency Floating Rate CMBS |
0.31% |
| SUBTOTAL |
3.34% |
| Governments - Treasuries |
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| Treasuries |
3.17% |
| SUBTOTAL |
3.17% |
| Quasi-Sovereigns |
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| Quasi-Sovereign Bonds |
3.14% |
| SUBTOTAL |
3.14% |
| Bank Loans |
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| Industrial |
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| Capital Goods |
0.38% |
| Services |
0.32% |
| Communications - Media |
0.28% |
| Technology |
0.22% |
| Basic |
0.18% |
| Consumer Cyclical - Other |
0.18% |
| Consumer Non-Cyclical |
0.18% |
| Consumer Cyclical - Automotive |
0.14% |
| Consumer Cyclical - Entertainment |
0.14% |
| Other Industrial |
0.12% |
| Consumer Cyclical - Retailers |
0.11% |
| Energy |
0.10% |
| Transportation - Services |
0.01% |
| SUBTOTAL |
2.36% |
| Utility |
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| Electric |
0.18% |
| SUBTOTAL |
0.18% |
| Financial Institutions |
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| Finance |
0.14% |
| SUBTOTAL |
0.14% |
| SUBTOTAL |
2.68% |
| Emerging Markets - Treasuries |
2.24% |
| Governments - Sovereign Bonds |
1.98% |
| Asset-Backed Securities |
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| Home Equity Loans - Fixed Rate |
0.89% |
| Home Equity Loans - Floating Rate |
0.24% |
| Other ABS - Fixed Rate |
0.03% |
| SUBTOTAL |
1.16% |
| Preferred Stocks |
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| Financial Institutions |
0.71% |
| Industrial |
0.14% |
| Non Corporate Sectors |
0.01% |
| SUBTOTAL |
0.86% |
| Supranationals |
0.64% |
| Local Governments - Regional Bonds |
0.59% |
| Local Governments - Municipal Bonds |
0.56% |
| Inflation-Linked Securities |
0.40% |
| Common Stocks |
0.21% |
| Governments - Sovereign Agencies |
0.09% |
| Warrants |
0.03% |
| Options Purchased - Puts |
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| Options on Forward Contracts |
0.02% |
| SUBTOTAL |
0.02% |
| Short-Term Investments |
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| Investment Companies |
1.20% |
| Total Fixed Income |
100.00% |
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| Country Breakdown |
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Portfolio % |
| United States |
60.84% |
| Russia |
5.36% |
| Brazil |
3.91% |
| United Kingdom |
2.70% |
| Argentina |
2.57% |
| Luxembourg |
1.34% |
| Netherlands |
1.32% |
| Dominican Republic |
1.14% |
| Ukraine |
1.09% |
| Indonesia |
1.08% |
| South Africa |
1.03% |
| Germany |
1.01% |
| Canada |
0.93% |
| Kazakhstan |
0.89% |
| Switzerland |
0.88% |
| Ireland |
0.86% |
| El Salvador |
0.82% |
| Hungary |
0.72% |
| Colombia |
0.69% |
| Supranational |
0.64% |
| Italy |
0.62% |
| France |
0.62% |
| India |
0.60% |
| Croatia |
0.56% |
| Spain |
0.54% |
| Cote D'Ivoire |
0.54% |
| New Zealand |
0.52% |
| Peru |
0.52% |
| Hong Kong |
0.43% |
| Turkey |
0.41% |
| Uruguay |
0.40% |
| Philippines |
0.37% |
| China |
0.35% |
| Chile |
0.35% |
| Iceland |
0.34% |
| Barbados |
0.33% |
| Australia |
0.27% |
| Serbia & Montenegro |
0.27% |
| United Arab Emirates |
0.27% |
| Ghana |
0.26% |
| Japan |
0.22% |
| Egypt |
0.20% |
| Poland |
0.17% |
| Trinidad & Tobago |
0.15% |
| Lithuania |
0.13% |
| Czech Republic |
0.12% |
| Panama |
0.12% |
| Bermuda |
0.10% |
| Austria |
0.09% |
| Jamaica |
0.08% |
| Denmark |
0.08% |
| Norway |
0.04% |
| Singapore |
0.04% |
| Israel |
0.04% |
| Cayman Islands |
0.03% |
| Total Investments |
100.00% |
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| Net Currency Exposure Breakdown |
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Portfolio % |
| United States Dollar |
93.39% |
| Chinese Yuan Renminbi (Offshore) |
1.36% |
| Singapore Dollar |
1.09% |
| Norwegian Krone |
1.04% |
| Mexican Peso |
0.96% |
| Brazilian Real |
0.57% |
| Malaysian Ringgit |
0.53% |
| Russian Rubles |
0.51% |
| Dominican Peso |
0.48% |
| New Turkish Lira |
0.43% |
| Uruguayan Peso |
0.42% |
| Philippine Peso |
0.26% |
| Colombian Peso |
0.26% |
| Chilean Peso |
0.24% |
| Egypt Pound |
0.21% |
| Ukraine Hryvnia |
0.21% |
| South African Rand |
0.06% |
| Hungarian Forint |
0.04% |
| Great British Pound |
0.03% |
| Chinese Yuan Renminbi |
0.02% |
| Australian Dollar |
0.01% |
| Canadian Dollar |
-0.02% |
| Euro Dollar |
-2.10% |
| Total Investments |
100.00% |
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| Credit Quality Breakdown |
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Portfolio % |
| AAA |
1.43% |
| AA |
1.27% |
| A |
5.37% |
| BBB |
18.20% |
| BB |
25.31% |
| B |
33.42% |
| CCC |
10.57% |
| CC |
0.53% |
| D |
0.34% |
| Short Term Investments |
1.21% |
| Not Rated |
2.35% |
| Total Investments |
100.00% |
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| Portfolio Statistics: |
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| Average Coupon: |
8.53 |
| Average Bond Price : |
91.5 |
| Percentage of Leverage: |
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| Bank Borrowing: |
0.00% |
| Investment Operations: |
7.37%* |
| Preferred Stock: |
0.00% |
| Tender Option Bonds: |
0.00% |
| Term Asset-Backed Loans Facility (TALF): |
0.00% |
| Total Fund Leverage: |
7.37% |
| Average Maturity: |
7.16 Years |
| Effective Duration: |
4.55 Years |
| Total Net Assets: |
$1,244.00 Million |
| Net Asset Value: |
$14.61 |
| Number of Holdings: |
855 |
* 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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