AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, Oct. 31, 2012 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of September 30, 2012.
AllianceBernstein Global High Income Fund, Inc. |
|
Top 10 Fixed Income Holdings |
|
Portfolio % |
|
1) U.S. Treasury Bonds 3.125%, 11/15/41 - 2/15/42 |
3.55% |
2) Republic of Brazil 12.50%, 1/05/22 |
0.94% |
3) Russian Agricultural Bank OJSC Via RSHB Capital |
0.93% |
SA 7.75%, 5/29/18 |
|
4) Gazprom OAO Via Gaz Capital SA 6.51%, 3/07/22 |
0.91% |
5) Argentina Bonos 7.00%, 10/03/15 |
0.88% |
6) Ivory Coast Government International Bond |
0.72% |
3.75%, 12/31/32 |
|
7) Dominican Republic International Bond 8.625%, |
0.64% |
4/20/27 |
|
8) Turkey Government Bond 9.00%, 1/27/16 |
0.60% |
9) El Salvador Government International Bond |
0.53% |
7.65%, 6/15/35 |
|
10) South Africa Government Bond Series R207 7.25%, |
0.52% |
1/15/20 |
Fixed Income Holdings by Security Type |
|
Portfolio % |
|
Corporates - Non-Investment Grades |
|
Industrial |
|
Consumer Non-Cyclical |
7.10% |
Capital Goods |
5.87% |
Energy |
4.57% |
Communications - Media |
4.20% |
Technology |
3.72% |
Consumer Cyclical - Other |
3.61% |
Basic |
3.46% |
Communications - Telecommunications |
3.17% |
Consumer Cyclical - Automotive |
1.70% |
Services |
1.62% |
Consumer Cyclical - Retailers |
1.42% |
Other Industrial |
1.32% |
Transportation - Services |
0.86% |
Consumer Cyclical - Entertainment |
0.68% |
Transportation - Airlines |
0.52% |
Consumer Cyclical - Restaurants |
0.25% |
Transportation - Railroads |
0.03% |
SUBTOTAL |
44.10% |
Financial Institutions |
|
Banking |
1.70% |
Finance |
1.09% |
Other Finance |
0.76% |
Insurance |
0.64% |
Brokerage |
0.24% |
REITS |
0.16% |
SUBTOTAL |
4.59% |
Utility |
|
Electric |
1.79% |
Natural Gas |
0.93% |
SUBTOTAL |
2.72% |
SUBTOTAL |
51.41% |
Corporates - Investment Grades |
|
Financial Institutions |
|
Insurance |
2.13% |
Banking |
1.45% |
Other Finance |
0.44% |
Finance |
0.39% |
REITS |
0.32% |
Brokerage |
0.09% |
SUBTOTAL |
4.82% |
Industrial |
|
Basic |
1.37% |
Energy |
0.43% |
Consumer Cyclical - Other |
0.30% |
Other Industrial |
0.24% |
Communications - Telecommunications |
0.17% |
Capital Goods |
0.10% |
Consumer Cyclical - Retailers |
0.09% |
Transportation - Airlines |
0.07% |
SUBTOTAL |
2.77% |
Non Corporate Sectors |
|
Agencies - Not Government Guaranteed |
1.76% |
SUBTOTAL |
1.76% |
Utility |
|
Electric |
0.14% |
SUBTOTAL |
0.14% |
SUBTOTAL |
9.49% |
Governments - Treasuries |
|
Treasuries |
8.87% |
SUBTOTAL |
8.87% |
Emerging Markets - Sovereigns |
4.82% |
Collateralized Mortgage Obligations |
|
Non-Agency Floating Rate |
2.15% |
Non-Agency Fixed Rate |
1.62% |
SUBTOTAL |
3.77% |
Emerging Markets - Corporate Bonds |
|
Basic |
1.03% |
Consumer Cyclical - Other |
0.54% |
Communications - Media |
0.52% |
Consumer Non-Cyclical |
0.36% |
Other Industrial |
0.32% |
Technology |
0.23% |
Communications - Telecommunications |
0.21% |
Transportation - Services |
0.13% |
Energy |
0.09% |
Consumer Cyclical - Retailers |
0.08% |
Capital Goods |
0.01% |
SUBTOTAL |
3.52% |
Financial Institutions |
|
Other Finance |
0.14% |
Banking |
0.03% |
SUBTOTAL |
0.17% |
Utility |
|
Electric |
0.03% |
SUBTOTAL |
0.03% |
SUBTOTAL |
3.72% |
Commercial Mortgage-Backed Securities |
|
Non-Agency Fixed Rate CMBS |
2.57% |
Non-Agency Floating Rate CMBS |
0.45% |
SUBTOTAL |
3.02% |
Emerging Markets - Treasuries |
2.84% |
Bank Loans |
|
Industrial |
|
Consumer Cyclical - Automotive |
0.42% |
Technology |
0.35% |
Consumer Non-Cyclical |
0.26% |
Consumer Cyclical - Other |
0.21% |
Basic |
0.19% |
Other Industrial |
0.19% |
Communications - Media |
0.17% |
Consumer Cyclical - Entertainment |
0.12% |
Capital Goods |
0.09% |
Energy |
0.08% |
Services |
0.07% |
Consumer Cyclical - Retailers |
0.06% |
SUBTOTAL |
2.21% |
Financial Institutions |
|
Finance |
0.21% |
SUBTOTAL |
0.21% |
Non Corporate Sectors |
|
Foreign Local Government - Municipal |
0.09% |
SUBTOTAL |
0.09% |
Utility |
|
Electric |
0.08% |
SUBTOTAL |
0.08% |
SUBTOTAL |
2.59% |
Quasi-Sovereigns |
|
Quasi-Sovereign Bonds |
2.30% |
SUBTOTAL |
2.30% |
Asset-Backed Securities |
|
Home Equity Loans - Fixed Rate |
0.85% |
Home Equity Loans - Floating Rate |
0.25% |
SUBTOTAL |
1.10% |
Preferred Stocks |
|
Financial Institutions |
0.86% |
SUBTOTAL |
0.86% |
Supranationals |
0.58% |
Local Governments - Regional Bonds |
0.57% |
Governments - Sovereign Agencies |
0.42% |
Inflation-Linked Securities |
0.40% |
Local Governments - Municipal Bonds |
0.38% |
Governments - Sovereign Bonds |
0.35% |
Common Stocks |
0.19% |
Options Purchased - Puts |
|
Options on Funds and Investment Trusts |
0.08% |
Options on Forward Contracts |
0.02% |
SUBTOTAL |
0.10% |
Short-Term Investments |
|
Investment Companies |
2.07% |
Governments - Sovereign Bonds |
0.15% |
Total Fixed Income |
100.00% |
Country Breakdown |
|
Portfolio % |
|
United States |
64.95% |
Russia |
4.34% |
Brazil |
3.64% |
United Kingdom |
2.86% |
Argentina |
1.80% |
Luxembourg |
1.49% |
Netherlands |
1.15% |
Dominican Republic |
1.11% |
Germany |
1.07% |
South Africa |
0.99% |
Canada |
0.97% |
Turkey |
0.86% |
El Salvador |
0.78% |
Indonesia |
0.75% |
Ireland |
0.75% |
Switzerland |
0.74% |
Cote D'Ivoire |
0.72% |
Mexico |
0.72% |
Hungary |
0.64% |
Ukraine |
0.60% |
Supranational |
0.58% |
Peru |
0.58% |
Italy |
0.57% |
India |
0.54% |
United Arab Emirates |
0.50% |
Spain |
0.47% |
Colombia |
0.47% |
France |
0.46% |
Kazakhstan |
0.45% |
Croatia |
0.44% |
Uruguay |
0.40% |
Portugal |
0.39% |
Chile |
0.34% |
Barbados |
0.31% |
Japan |
0.29% |
Philippines |
0.26% |
Hong Kong |
0.24% |
Serbia |
0.24% |
Ghana |
0.24% |
Australia |
0.22% |
Norway |
0.21% |
Trinidad & Tobago |
0.15% |
China |
0.13% |
Singapore |
0.12% |
Czech Republic |
0.11% |
Bermuda |
0.09% |
Austria |
0.07% |
Denmark |
0.07% |
Virgin Islands (BVI) |
0.06% |
Nigeria |
0.05% |
Euro Zone |
0.02% |
Total Investments |
100.00% |
Net Currency Exposure Breakdown |
|
Portfolio % |
|
United States Dollar |
100.77% |
Mexican Peso |
1.01% |
New Turkish Lira |
1.00% |
Brazilian Real |
0.82% |
Dominican Peso |
0.52% |
Russian Rubles |
0.48% |
Uruguayan Peso |
0.45% |
Philippine Peso |
0.29% |
Colombian Peso |
0.23% |
Chilean Peso |
0.23% |
Hungarian Forint |
0.10% |
Great British Pound |
0.07% |
Nigerian Naira |
0.05% |
Indonesian Rupiah |
0.05% |
Australian Dollar |
0.03% |
South African Rand |
-0.01% |
Canadian Dollar |
-1.01% |
Japanese Yen |
-2.01% |
Euro |
-3.07% |
Total Investments |
100.00% |
Credit Quality Breakdown |
|
Portfolio % |
|
AAA |
7.31% |
AA |
0.44% |
A |
6.76% |
BBB |
16.27% |
BB |
22.73% |
B |
29.87% |
CCC |
11.01% |
CC |
0.40% |
C |
0.03% |
D |
0.53% |
Not Rated |
2.42% |
Short Term Investments |
2.23% |
Total Investments |
100.00% |
Portfolio Statistics: |
|
Average Coupon: |
8.62% |
Average Bond Price : |
N/A |
Percentage of Leverage: |
|
Bank Borrowing: |
0.00% |
Investment Operations: |
11.69%* |
Preferred Stock: |
0.00% |
Tender Option Bonds: |
0.00% |
Term Asset-Backed Loans Facility (TALF): |
0.00% |
Total Fund Leverage: |
11.69% |
Average Maturity: |
7.98 Years |
Effective Duration: |
4.86 Years |
Total Net Assets: |
$1,316.17 Million |
Net Asset Value: |
$15.34 |
Number of Holdings: |
901 |
Portfolio Turnover: |
26% |
* 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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