AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, Dec. 24, 2012 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of November 30, 2012.
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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) U.S. Treasury Bonds 3.125%, 2/15/42 |
1.82% |
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| 2) Russian Agricultural Bank OJSC Via RSHB Capital SA 7.75%, 5/29/18 |
0.93% |
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| 3) Republic of Brazil 12.50%, 1/05/22 |
0.87% |
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| 4) Argentina Bonos 7.00%, 10/03/15 |
0.81% |
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| 5) Ivory Coast Government International Bond 3.75%, 12/31/32 |
0.76% |
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| 6) Dominican Republic International Bond 8.625%, 4/20/27 |
0.68% |
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| 7) Turkey Government Bond 9.00%, 1/27/16 |
0.63% |
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| 8) El Salvador Government International Bond 7.65%, 6/15/35 |
0.52% |
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| 9) South Africa Government Bond Series R207 7.25%, 1/15/20 |
0.48% |
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| 10) Argentina Bonos Series X 7.00%, 4/17/17 |
0.47% |
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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 |
6.81% |
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| Capital Goods |
5.72% |
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| Energy |
4.60% |
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| Communications - Media |
4.50% |
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| Basic |
4.07% |
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| Technology |
3.67% |
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| Consumer Cyclical - Other |
3.49% |
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| Communications - Telecommunications |
3.38% |
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| Consumer Cyclical - Automotive |
1.67% |
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| Services |
1.66% |
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| Other Industrial |
1.55% |
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| Consumer Cyclical - Retailers |
1.41% |
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| Transportation - Services |
0.95% |
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| Consumer Cyclical - Entertainment |
0.68% |
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| Transportation - Airlines |
0.44% |
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| Consumer Cyclical - Restaurants |
0.25% |
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| Transportation - Railroads |
0.03% |
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| SUBTOTAL |
44.88% |
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| Financial Institutions |
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| Banking |
1.77% |
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| Finance |
1.11% |
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| Other Finance |
0.88% |
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| Insurance |
0.59% |
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| Brokerage |
0.36% |
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| SUBTOTAL |
4.71% |
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| Utility |
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| Electric |
1.82% |
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| Natural Gas |
0.99% |
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| SUBTOTAL |
2.81% |
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| SUBTOTAL |
52.40% |
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| Governments - Treasuries |
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| Treasuries |
8.14% |
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| SUBTOTAL |
8.14% |
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| Corporates - Investment Grades |
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| Financial Institutions |
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| Insurance |
2.28% |
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| Banking |
1.68% |
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| REITS |
0.48% |
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| Finance |
0.39% |
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| Other Finance |
0.21% |
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| Brokerage |
0.09% |
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| SUBTOTAL |
5.13% |
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| Industrial |
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| Basic |
1.13% |
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| Energy |
0.36% |
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| Consumer Cyclical - Other |
0.29% |
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| Other Industrial |
0.18% |
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| Communications - Telecommunications |
0.17% |
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| Capital Goods |
0.10% |
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| Consumer Cyclical - Retailers |
0.08% |
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| Transportation - Airlines |
0.07% |
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| SUBTOTAL |
2.38% |
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| Non Corporate Sectors |
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| Agencies - Not Government Guaranteed |
0.39% |
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| SUBTOTAL |
0.39% |
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| Utility |
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| Electric |
0.15% |
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| SUBTOTAL |
0.15% |
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| SUBTOTAL |
8.05% |
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| Emerging Markets - Sovereigns |
4.56% |
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| Collateralized Mortgage Obligations |
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| Non-Agency Fixed Rate |
2.44% |
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| Non-Agency Floating Rate |
1.75% |
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| SUBTOTAL |
4.19% |
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| Emerging Markets - Corporate Bonds |
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| Industrial |
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| Basic |
1.16% |
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| Consumer Cyclical - Other |
0.57% |
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| Communications - Media |
0.52% |
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| Consumer Non-Cyclical |
0.41% |
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| Other Industrial |
0.33% |
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| Capital Goods |
0.29% |
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| Technology |
0.23% |
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| Communications - Telecommunications |
0.21% |
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| Transportation - Services |
0.13% |
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| Energy |
0.09% |
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| Consumer Cyclical - Retailers |
0.08% |
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| SUBTOTAL |
4.02% |
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| Financial Institutions |
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| Other Finance |
0.14% |
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| Banking |
0.03% |
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| SUBTOTAL |
0.17% |
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| SUBTOTAL |
4.19% |
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| Commercial Mortgage-Backed Securities |
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| Non-Agency Fixed Rate CMBS |
2.85% |
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| Non-Agency Floating Rate CMBS |
0.22% |
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| SUBTOTAL |
3.07% |
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| Bank Loans |
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| Industrial |
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| Technology |
0.47% |
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| Consumer Non-Cyclical |
0.33% |
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| Basic |
0.32% |
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| Consumer Cyclical - Other |
0.27% |
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| Consumer Cyclical - Automotive |
0.24% |
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| Communications - Media |
0.19% |
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| Consumer Cyclical - Retailers |
0.15% |
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| Other Industrial |
0.11% |
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| Capital Goods |
0.09% |
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| Consumer Cyclical - Entertainment |
0.09% |
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| Energy |
0.07% |
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| Services |
0.01% |
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| SUBTOTAL |
2.34% |
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| Financial Institutions |
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| REITS |
0.30% |
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| SUBTOTAL |
0.30% |
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| Non Corporate Sectors |
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| Foreign Local Government - Municipal |
0.08% |
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| SUBTOTAL |
0.08% |
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| Utility |
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| Other Utility |
0.08% |
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| SUBTOTAL |
0.08% |
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| SUBTOTAL |
2.80% |
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| Quasi-Sovereigns |
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| Quasi-Sovereign Bonds |
2.31% |
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| SUBTOTAL |
2.31% |
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| Emerging Markets - Treasuries |
1.90% |
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| Asset-Backed Securities |
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| Home Equity Loans - Fixed Rate |
0.75% |
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| Home Equity Loans - Floating Rate |
0.40% |
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| SUBTOTAL |
1.15% |
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| Preferred Stocks |
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| Financial Institutions |
1.05% |
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| Non Corporate Sectors |
0.01% |
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| SUBTOTAL |
1.06% |
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| Local Governments - Municipal Bonds |
0.95% |
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| Governments - Sovereign Agencies |
0.90% |
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| Supranationals |
0.58% |
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| Local Governments - Regional Bonds |
0.55% |
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| Governments - Sovereign Bonds |
0.45% |
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| Inflation-Linked Securities |
0.44% |
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| Common Stocks |
0.19% |
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| Options Purchased - Puts |
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| Options on Funds and Investment Trusts |
0.10% |
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| SUBTOTAL |
0.10% |
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| Short-Term Investments |
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| Investment Companies |
1.88% |
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| Governments - Sovereign Bonds |
0.14% |
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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 |
65.26% |
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| Brazil |
3.56% |
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| Russia |
3.51% |
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| United Kingdom |
3.17% |
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| Argentina |
1.45% |
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| Luxembourg |
1.42% |
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| Canada |
1.29% |
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| Dominican Republic |
1.15% |
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| Netherlands |
1.08% |
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| Germany |
1.00% |
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| South Africa |
0.96% |
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| Turkey |
0.90% |
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| Indonesia |
0.78% |
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| El Salvador |
0.77% |
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| Cote D'Ivoire |
0.76% |
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| Switzerland |
0.76% |
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| Mexico |
0.76% |
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| Hungary |
0.67% |
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| Ireland |
0.63% |
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| Italy |
0.61% |
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| Peru |
0.58% |
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| Supranational |
0.58% |
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| Ukraine |
0.58% |
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| United Arab Emirates |
0.51% |
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| Colombia |
0.48% |
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| France |
0.48% |
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| Portugal |
0.48% |
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| Spain |
0.48% |
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| Kazakhstan |
0.46% |
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| Croatia |
0.45% |
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| Uruguay |
0.44% |
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| Australia |
0.35% |
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| Chile |
0.33% |
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| Japan |
0.32% |
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| Barbados |
0.31% |
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| India |
0.31% |
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| Philippines |
0.28% |
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| Serbia |
0.25% |
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| Ghana |
0.23% |
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| China |
0.21% |
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| Norway |
0.21% |
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| Sweden |
0.18% |
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| Hong Kong |
0.18% |
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| Trinidad & Tobago |
0.15% |
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| Nigeria |
0.14% |
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| Singapore |
0.12% |
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| Czech Republic |
0.11% |
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| Bermuda |
0.09% |
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| Denmark |
0.08% |
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| Austria |
0.08% |
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| Virgin Islands (BVI) |
0.06% |
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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 |
99.26% |
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| Mexican Peso |
2.00% |
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| New Turkish Lira |
1.03% |
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| Brazilian Real |
0.66% |
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| Dominican Peso |
0.52% |
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| Russian Rubles |
0.49% |
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| Uruguayan Peso |
0.49% |
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| Philippine Peso |
0.31% |
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| Colombian Peso |
0.23% |
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| Chilean Peso |
0.23% |
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| Nigerian Naira |
0.15% |
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| Hungarian Forint |
0.11% |
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| Indonesian Rupiah |
0.08% |
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| Australian Dollar |
0.04% |
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| South African Rand |
-0.01% |
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| Great British Pound |
-0.03% |
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| Canadian Dollar |
-1.09% |
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| Japanese Yen |
-1.88% |
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| Euro |
-2.59% |
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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 |
5.57% |
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| AA |
0.30% |
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| A |
6.64% |
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| BBB |
15.73% |
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| BB |
23.40% |
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| B |
30.57% |
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| CCC |
12.13% |
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| CC |
0.35% |
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| C |
0.03% |
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| D |
0.76% |
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| Not Rated |
2.49% |
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| Short Term Investments |
2.03% |
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| Total Investments |
100.00% |
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| Portfolio Statistics: |
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| Average Coupon: |
8.63% |
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| Average Bond Price : |
N/A |
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| Percentage of Leverage: |
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| Bank Borrowing: |
0.00% |
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| Investment Operations: |
11.46%* |
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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: |
11.46% |
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| Average Maturity: |
7.41 Years |
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| Effective Duration: |
4.88 Years |
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| Total Net Assets: |
$1,333.09 Million |
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| Net Asset Value: |
$15.52 |
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| Number of Holdings: |
937 |
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| Portfolio Turnover: |
26% |
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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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