AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, March 25, 2013 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of February 28, 2013.
| 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 |
1.71% |
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| 2) |
Russian Agricultural Bank OJSC Via RSHB Capital |
0.92% |
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| SA 7.75%, 5/29/18 |
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| 3) |
Brazilian Government International Bond |
0.91% |
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| 12.50%, 1/05/22 |
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| 4) |
Argentina Boden Bonds 7.00%, 10/03/15 |
0.79% |
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| 5) |
Ivory Coast Government International Bond |
0.77% |
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| 5.75%, 12/31/32 |
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| 6) |
Dominican Republic International Bond 8.625%, |
0.70% |
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| 4/20/27 |
||||
| 7) |
Turkey Government Bond 9.00%, 1/27/16 |
0.63% |
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| 8) |
El Salvador Government International Bond |
0.56% |
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| 7.65%, 6/15/35 |
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| 9) |
South Africa Government Bond Series R207 7.25%, |
0.48% |
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| 1/15/20 |
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| 10) |
VTB Bank OJSC Via VTB Capital SA 6.875%, |
0.48% |
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| 5/29/18 |
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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 |
7.13% |
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| Capital Goods |
5.94% |
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| Energy |
5.00% |
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| Communications - Media |
4.74% |
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| Basic |
4.61% |
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| Technology |
3.85% |
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| Communications - Telecommunications |
3.55% |
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| Consumer Cyclical - Other |
3.29% |
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| Services |
1.79% |
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| Other Industrial |
1.66% |
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| Consumer Cyclical - Automotive |
1.65% |
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| Consumer Cyclical - Retailers |
1.33% |
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| Transportation - Services |
0.83% |
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| Consumer Cyclical - Entertainment |
0.72% |
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| Transportation - Airlines |
0.45% |
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| Consumer Cyclical - Restaurants |
0.25% |
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| SUBTOTAL |
46.79% |
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| Financial Institutions |
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| Banking |
2.17% |
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| Other Finance |
0.97% |
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| Insurance |
0.86% |
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| Finance |
0.74% |
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| Brokerage |
0.36% |
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| SUBTOTAL |
5.10% |
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| Utility |
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| Electric |
1.56% |
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| Natural Gas |
0.81% |
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| SUBTOTAL |
2.37% |
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| Convertible Bonds |
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| Consumer Cyclical - Automotive |
0.06% |
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| SUBTOTAL |
0.06% |
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| SUBTOTAL |
54.32% |
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| Governments - Treasuries |
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| Treasuries |
7.49% |
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| SUBTOTAL |
7.49% |
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| Corporates - Investment Grades |
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| Financial Institutions |
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| Insurance |
1.60% |
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| Banking |
1.49% |
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| REITS |
0.48% |
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| Finance |
0.47% |
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| Other Finance |
0.21% |
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| SUBTOTAL |
4.25% |
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| Industrial |
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| Basic |
1.10% |
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| Capital Goods |
0.22% |
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| Consumer Cyclical - Other |
0.18% |
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| Communications - Telecommunications |
0.17% |
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| Transportation - Airlines |
0.07% |
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| Consumer Non-Cyclical |
0.02% |
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| SUBTOTAL |
1.76% |
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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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| Natural Gas |
0.13% |
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| Electric |
0.06% |
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| SUBTOTAL |
0.19% |
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| SUBTOTAL |
6.59% |
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| Collateralized Mortgage Obligations |
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| Non-Agency Fixed Rate |
3.76% |
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| Non-Agency Floating Rate |
2.31% |
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| SUBTOTAL |
6.07% |
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| Emerging Markets - Sovereigns |
3.92% |
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| Emerging Markets - Corporate Bonds |
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| Industrial |
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| Consumer Non-Cyclical |
0.55% |
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| Communications - Media |
0.53% |
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| Other Industrial |
0.29% |
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| Communications - Telecommunications |
0.27% |
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| Consumer Cyclical - Other |
0.27% |
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| Basic |
0.25% |
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| Consumer Cyclical - Retailers |
0.14% |
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| Capital Goods |
0.13% |
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| Technology |
0.11% |
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| Transportation - Services |
0.11% |
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| Energy |
0.09% |
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| SUBTOTAL |
2.74% |
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| Financial Institutions |
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| Finance |
0.18% |
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| Other Finance |
0.14% |
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| Banking |
0.13% |
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| SUBTOTAL |
0.45% |
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| SUBTOTAL |
3.19% |
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| Commercial Mortgage-Backed Securities |
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| Non-Agency Fixed Rate CMBS |
2.65% |
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| Non-Agency Floating Rate CMBS |
0.25% |
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| SUBTOTAL |
2.90% |
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| Bank Loans |
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| Industrial |
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| Consumer Non-Cyclical |
0.42% |
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| Technology |
0.39% |
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| Consumer Cyclical - Retailers |
0.35% |
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| Other Industrial |
0.26% |
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| Basic |
0.25% |
|||
| Consumer Cyclical - Automotive |
0.24% |
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| Consumer Cyclical - Entertainment |
0.19% |
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| Consumer Cyclical - Other |
0.19% |
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| Communications - Media |
0.13% |
|||
| Communications - Telecommunications |
0.12% |
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| Capital Goods |
0.10% |
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| Energy |
0.07% |
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| SUBTOTAL |
2.71% |
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| Non Corporate Sectors |
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| Foreign Local Government - Municipal |
0.11% |
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| SUBTOTAL |
0.11% |
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| Financial Institutions |
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| REITS |
0.04% |
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| SUBTOTAL |
0.04% |
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| SUBTOTAL |
2.86% |
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| Quasi-Sovereigns |
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| Quasi-Sovereign Bonds |
2.30% |
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| SUBTOTAL |
2.30% |
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| Emerging Markets - Treasuries |
2.03% |
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| Preferred Stocks |
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| Financial Institutions |
1.21% |
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| Industrial |
0.01% |
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| Non Corporate Sectors |
0.01% |
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| SUBTOTAL |
1.23% |
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| Local Governments - Municipal Bonds |
1.13% |
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| Governments - Sovereign Agencies |
0.90% |
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| Asset-Backed Securities |
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| Home Equity Loans - Fixed Rate |
0.64% |
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| Home Equity Loans - Floating Rate |
0.14% |
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| SUBTOTAL |
0.78% |
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| Governments - Sovereign Bonds |
0.72% |
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| Supranationals |
0.58% |
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| Local Governments - Regional Bonds |
0.54% |
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| Inflation-Linked Securities |
0.48% |
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| Common Stocks |
0.30% |
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| Options Purchased - Puts |
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| Options on Funds and Investment Trusts |
0.01% |
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| SUBTOTAL |
0.01% |
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| Short-Term Investments |
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| Investment Companies |
1.66% |
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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 |
64.62% |
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| Brazil |
3.76% |
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| Russia |
3.46% |
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| United Kingdom |
3.46% |
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| Luxembourg |
1.78% |
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| Canada |
1.57% |
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| Argentina |
1.41% |
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| Dominican Republic |
1.30% |
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| Netherlands |
1.12% |
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| Germany |
1.02% |
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| South Africa |
0.93% |
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| Turkey |
0.90% |
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| El Salvador |
0.81% |
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| Switzerland |
0.78% |
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| France |
0.78% |
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| Cote D'Ivoire |
0.77% |
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| Indonesia |
0.77% |
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| Italy |
0.67% |
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| Hungary |
0.65% |
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| Peru |
0.58% |
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| Ireland |
0.58% |
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| Supranational |
0.58% |
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| United Arab Emirates |
0.52% |
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| Colombia |
0.52% |
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| Portugal |
0.49% |
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| Uruguay |
0.48% |
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| Croatia |
0.44% |
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| Spain |
0.43% |
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| Kazakhstan |
0.41% |
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| Mexico |
0.41% |
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| Australia |
0.35% |
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| Chile |
0.32% |
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| Barbados |
0.32% |
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| Philippines |
0.30% |
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| Costa Rica |
0.25% |
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| Serbia |
0.25% |
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| Nigeria |
0.24% |
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| Ghana |
0.23% |
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| Norway |
0.23% |
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| Japan |
0.22% |
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| Sweden |
0.19% |
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| Ukraine |
0.18% |
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| Trinidad & Tobago |
0.15% |
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| China |
0.12% |
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| Czech Republic |
0.11% |
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| India |
0.10% |
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| Bermuda |
0.09% |
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| Singapore |
0.08% |
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| Austria |
0.08% |
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| Denmark |
0.08% |
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| Virgin Islands (BVI) |
0.06% |
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| Greece |
0.05% |
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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 |
98.32% |
|||
| Mexican Peso |
2.01% |
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| New Turkish Lira |
0.99% |
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| Russian Rubles |
0.95% |
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| Indian Rupee |
0.73% |
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| Uruguayan Peso |
0.53% |
|||
| Dominican Peso |
0.51% |
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| Brazilian Real |
0.48% |
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| Philippine Peso |
0.34% |
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| Colombian Peso |
0.28% |
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| CRC |
0.28% |
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| Nigerian Naira |
0.26% |
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| Chilean Peso |
0.23% |
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| Hungarian Forint |
0.16% |
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| Australian Dollar |
0.04% |
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| South African Rand |
0.02% |
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| Indonesian Rupiah |
-0.03% |
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| Peruvian Nuevo Sol |
-0.50% |
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| Great British Pound |
-0.99% |
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| Canadian Dollar |
-1.00% |
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| Euro |
-1.67% |
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| Japanese Yen |
-1.94% |
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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 |
4.34% |
|||
| AA |
0.69% |
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| A |
5.12% |
|||
| BBB |
15.53% |
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| BB |
23.11% |
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| B |
32.25% |
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| CCC |
13.83% |
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| CC |
0.59% |
|||
| C |
0.02% |
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| D |
0.71% |
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| Not Rated |
2.14% |
|||
| Short Term Investments |
1.67% |
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| Total Investments |
100.00% |
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| Portfolio Statistics: |
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| Average Coupon: |
8.44% |
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| Average Bond Price : |
N/A |
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| Percentage of Leverage: |
||||
| Bank Borrowing: |
0.00% |
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| Investment Operations: |
10.35%* |
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| Preferred Stock: |
0.00% |
|||
| Tender Option Bonds: |
0.00% |
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| Term Asset-Backed Loans Facility (TALF): |
0.00% |
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| Total Fund Leverage: |
10.35% |
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| Average Maturity: |
7.12 Years |
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| Effective Duration: |
4.78 Years |
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| Total Net Assets: |
$1,343.77 Million |
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| Net Asset Value: |
$15.61 |
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| Number of Holdings: |
932 |
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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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