AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, June 27, 2013 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of May 31, 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 |
1.63% |
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| 2) Russian Agricultural Bank OJSC Via RSHB Capital |
0.90% |
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| SA 7.75%, 5/29/18 |
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| 3) Argentina Boden Bonds 7.00%, 10/03/15 |
0.82% |
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| 4) Ivory Coast Government International Bond |
0.77% |
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| 5.75%, 12/31/32 |
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| 5) Brazilian Government International Bond |
0.76% |
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| 12.50%, 1/05/22 |
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| 6) Dominican Republic International Bond 8.625%, |
0.69% |
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| 4/20/27 |
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| 7) Turkey Government Bond 9.00%, 1/27/16 |
0.58% |
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| 8) El Salvador Government International Bond |
0.50% |
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| 7.65%, 6/15/35 |
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| 9) Dominican Republic International Bond 16.00%, |
0.49% |
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| 7/10/20 |
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| 10) Argentina Bonar Bonds Series X 7.00%, 4/17/17 |
0.48% |
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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 |
7.20% |
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| Capital Goods |
6.06% |
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| Energy |
5.84% |
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| Communications - Media |
5.07% |
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| Basic |
4.31% |
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| Technology |
4.09% |
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| Communications - Telecommunications |
3.06% |
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| Consumer Cyclical - Other |
2.98% |
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| Other Industrial |
2.01% |
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| Consumer Cyclical - Automotive |
1.76% |
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| Services |
1.72% |
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| Consumer Cyclical - Retailers |
1.71% |
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| Transportation - Services |
1.17% |
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| Consumer Cyclical - Entertainment |
0.85% |
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| Transportation - Airlines |
0.45% |
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| Consumer Cyclical - Restaurants |
0.12% |
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| SUBTOTAL |
48.40% |
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| Financial Institutions |
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| Banking |
2.21% |
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| Other Finance |
1.14% |
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| Finance |
1.00% |
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| Insurance |
0.77% |
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| Brokerage |
0.36% |
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| REITS |
0.12% |
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| SUBTOTAL |
5.60% |
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| Utility |
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| Electric |
1.55% |
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| Natural Gas |
0.80% |
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| SUBTOTAL |
2.35% |
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| SUBTOTAL |
56.35% |
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| Governments - Treasuries |
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| Treasuries |
7.07% |
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| SUBTOTAL |
7.07% |
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| Corporates - Investment Grades |
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| Financial Institutions |
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| Banking |
1.80% |
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| Insurance |
1.61% |
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| REITS |
0.48% |
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| Finance |
0.22% |
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| Other Finance |
0.20% |
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| SUBTOTAL |
4.31% |
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| Industrial |
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| Basic |
1.32% |
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| Capital Goods |
0.26% |
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| Communications - Telecommunications |
0.17% |
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| Communications - Media |
0.09% |
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| Transportation - Airlines |
0.07% |
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| Consumer Cyclical - Other |
0.06% |
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| Consumer Non-Cyclical |
0.02% |
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| SUBTOTAL |
1.99% |
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| Non Corporate Sectors |
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| Agencies - Not Government Guaranteed |
0.42% |
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| SUBTOTAL |
0.42% |
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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 |
6.91% |
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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 |
2.60% |
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| SUBTOTAL |
6.36% |
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| Emerging Markets - Sovereigns |
4.15% |
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| Bank Loans |
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| Industrial |
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| Consumer Non-Cyclical |
0.85% |
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| Technology |
0.58% |
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| Consumer Cyclical - Retailers |
0.49% |
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| Consumer Cyclical - Entertainment |
0.37% |
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| Basic |
0.33% |
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| Consumer Cyclical - Automotive |
0.32% |
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| Services |
0.29% |
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| Consumer Cyclical - Other |
0.19% |
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| Other Industrial |
0.16% |
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| Capital Goods |
0.09% |
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| Energy |
0.07% |
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| Communications - Media |
0.01% |
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| SUBTOTAL |
3.75% |
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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 |
0.01% |
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| SUBTOTAL |
0.01% |
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| SUBTOTAL |
3.87% |
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| Emerging Markets - Corporate Bonds |
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| Industrial |
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| Consumer Non-Cyclical |
0.84% |
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| Communications - Media |
0.53% |
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| Communications - Telecommunications |
0.44% |
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| Consumer Cyclical - Other |
0.21% |
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| Technology |
0.19% |
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| Basic |
0.14% |
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| Consumer Cyclical - Retailers |
0.14% |
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| Capital Goods |
0.13% |
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| Transportation - Services |
0.11% |
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| Energy |
0.09% |
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| SUBTOTAL |
2.82% |
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| Financial Institutions |
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| Banking |
0.13% |
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| SUBTOTAL |
0.13% |
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| SUBTOTAL |
2.95% |
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| Commercial Mortgage-Backed Securities |
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| Non-Agency Fixed Rate CMBS |
2.29% |
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| Non-Agency Floating Rate CMBS |
0.10% |
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| SUBTOTAL |
2.39% |
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| Quasi-Sovereigns |
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| Quasi-Sovereign Bonds |
2.12% |
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| SUBTOTAL |
2.12% |
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| Preferred Stocks |
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| Financial Institutions |
1.61% |
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| Non Corporate Sectors |
0.03% |
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| Industrial |
0.01% |
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| SUBTOTAL |
1.65% |
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| Emerging Markets - Treasuries |
1.08% |
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| Local Governments - Municipal Bonds |
1.02% |
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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 |
0.63% |
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| Home Equity Loans - Floating Rate |
0.14% |
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| SUBTOTAL |
0.77% |
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| Local Governments - Regional Bonds |
0.52% |
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| Inflation-Linked Securities |
0.47% |
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| Governments - Sovereign Bonds |
0.41% |
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| Common Stocks |
0.24% |
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| Supranationals |
0.12% |
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| Options Purchased - Puts |
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| Options on Funds and Investment Trusts |
0.05% |
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| Options on Forward Contracts |
0.02% |
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| SUBTOTAL |
0.07% |
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| Short-Term Investments |
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| Investment Companies |
0.58% |
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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 |
65.47% |
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| United Kingdom |
3.93% |
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| Brazil |
3.53% |
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| Russia |
3.24% |
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| Luxembourg |
1.86% |
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| Canada |
1.69% |
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| Argentina |
1.46% |
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| Dominican Republic |
1.32% |
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| Netherlands |
1.19% |
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| Germany |
1.02% |
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| France |
0.90% |
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| Switzerland |
0.85% |
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| South Africa |
0.85% |
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| Turkey |
0.84% |
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| Ivory Coast |
0.77% |
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| Italy |
0.73% |
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| Indonesia |
0.72% |
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| El Salvador |
0.61% |
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| Ireland |
0.59% |
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| United Arab Emirates |
0.51% |
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| Peru |
0.51% |
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| Spain |
0.50% |
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| Portugal |
0.50% |
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| Colombia |
0.49% |
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| Uruguay |
0.47% |
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| Croatia |
0.44% |
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| Kazakhstan |
0.39% |
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| Australia |
0.37% |
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| Mexico |
0.34% |
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| Chile |
0.31% |
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| Barbados |
0.31% |
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| Philippines |
0.28% |
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| Costa Rica |
0.25% |
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| Ghana |
0.23% |
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| Norway |
0.22% |
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| Nigeria |
0.22% |
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| Serbia |
0.21% |
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| Singapore |
0.21% |
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| Sweden |
0.19% |
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| Ukraine |
0.18% |
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| Trinidad & Tobago |
0.14% |
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| Belgium |
0.12% |
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| China |
0.12% |
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| Japan |
0.12% |
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| Supranational |
0.12% |
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| Czech Republic |
0.11% |
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| Bermuda |
0.09% |
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| Austria |
0.09% |
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| Denmark |
0.08% |
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| Greece |
0.08% |
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| Hong Kong |
0.07% |
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| India |
0.06% |
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| Jamaica |
0.05% |
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| Virgin Islands (BVI) |
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 |
104.73% |
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| Mexican Peso |
1.98% |
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| New Turkish Lira |
1.96% |
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| Russian Rubles |
0.91% |
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| Indian Rupee |
0.70% |
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| Dominican Peso |
0.54% |
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| Uruguayan Peso |
0.51% |
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| Brazilian Real |
0.38% |
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| Philippine Peso |
0.31% |
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| Costa Rican Colon |
0.27% |
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| Colombian Peso |
0.26% |
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| Nigerian Naira |
0.24% |
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| Chilean Peso |
0.22% |
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| Hungarian Forint |
0.17% |
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| Indonesian Rupiah |
-0.02% |
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| Peruvian Nuevo Sol |
-0.46% |
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| Euro |
-1.71% |
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| Canadian Dollar |
-1.98% |
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| Japanese Yen |
-2.09% |
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| Great British Pound |
-2.93% |
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| Australian Dollar |
-3.99% |
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| Total Investments |
100.00% |
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| Credit Quality Breakdown |
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| Portfolio % |
|||
| AAA |
3.61% |
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| AA |
0.57% |
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| A |
4.51% |
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| BBB |
14.72% |
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| BB |
24.69% |
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| B |
32.73% |
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| CCC |
14.87% |
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| CC |
0.92% |
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| D |
0.69% |
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| Not Rated |
2.11% |
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| Short Term Investments |
0.58% |
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| Total Investments |
100.00% |
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| Portfolio Statistics: |
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| Average Coupon: |
8.49% |
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| Average Bond Price : |
105.50 |
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| Percentage of Leverage: |
|||
| Bank Borrowing: |
0.00% |
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| Investment Operations: |
22.11%* |
||
| 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: |
22.11% |
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| Average Maturity: |
7.12 Years |
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| Effective Duration: |
4.73 Years |
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| Total Net Assets: |
$1,361.85 Million |
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| Net Asset Value: |
$15.79 |
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| Number of Holdings: |
955 |
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| Portfolio Turnover: |
38% |
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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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