AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update

News provided by

AllianceBernstein Global High Income Fund, Inc.

May 25, 2010, 04:06 ET

NEW YORK, May 25 /PRNewswire-FirstCall/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of April 30, 2010.

AllianceBernstein Global High Income Fund
As of: 4/30/2010


Top 10 Fixed-Income Holdings

	Portfolio %
1) Republic of Brazil 12.50%, 1/05/16 - 1/05/22	2.48%
2) RSHB Capital SA for OJSC Russian	1.42%
Agricultural Bank 7.75%, 5/29/18
3) Argentina Bonos 7.00%, 10/03/15	1.25%
4) Republic of Colombia 7.375%, 1/27/17 -	1.19%
9/18/37
5) Republic of Philippines 9.875%, 1/15/19	1.09%
6) RSHB Capital SA for OJSC Russian	0.99%
Agricultural Bank 6.299%, 5/15/17
7) Citibank Omni Master Trust Series 2009-A14A,	0.98%
Class A14 3.004%, 8/15/18
8) Republic of Indonesia 6.875%, 1/17/18	0.92%
9) Gaz Capital SA 6.51%, 3/07/22	0.90%
10) Republic of Colombia 12.00%, 10/22/15	0.89%

Security Type Breakdown
	Portfolio %
Corporates - Non-Investment Grades:
Industrial:
Basic	5.74%
Consumer Non-Cyclical	4.34%
Communications - Media	3.81%
Consumer Cyclical - Other	3.78%
Capital Goods	3.73%
Energy	2.84%
Communications - Telecommunications	2.44%
Technology	2.23%
Consumer Cyclical - Retailers	2.18%
Consumer Cyclical - Automotive	1.59%
Services	1.29%
Transportation - Services	0.69%
Other Industrial	0.54%
Transportation - Airlines	0.43%
Consumer Cyclical - Restaurants	0.22%
Consumer Cyclical - Entertainment	0.16%
Transportation - Railroads	0.12%
SUBTOTAL	36.13%
Financial Institutions:
Banking	1.88%
Finance	1.52%
Insurance	1.03%
Brokerage	0.34%
Other Finance	0.10%
SUBTOTAL	4.87%
Utility:
Electric	1.98%
Natural Gas	0.56%
SUBTOTAL	2.54%
Credit Default Index Holdings:
DJ CDX.NA.HY-100	0.48%
SUBTOTAL	0.48%
SUBTOTAL	44.02%
Emerging Markets - Sovereigns	15.70%
Corporates - Investment Grades:
Industrial:
Basic	1.28%
Energy	0.50%
Other Industrial	0.33%
Communications - Telecommunications	0.31%
Capital Goods	0.27%
Consumer Non-Cyclical	0.17%
Technology	0.17%
Services	0.16%
Consumer Cyclical - Retailers	0.12%
Transportation - Airlines	0.08%
SUBTOTAL	3.39%
Financial Institutions:
Banking	1.27%
Insurance	1.13%
Finance	0.35%
Other Finance	0.25%
SUBTOTAL	3.00%
Non Corporate Sectors:
Agencies - Not Government Guaranteed	2.20%
SUBTOTAL	2.20%
Utility:
Electric	0.13%
SUBTOTAL	0.13%
SUBTOTAL	8.72%
Commercial Mortgage-Backed Securities:
Non-Agency Fixed Rate CMBS	6.65%
Quasi-Sovereigns:
Quasi-Sovereign Bonds	6.16%
Governments - Treasuries:
Treasuries	4.47%
Governments - Sovereign Bonds	3.56%
Bank Loans:
Industrial:
Communications - Media	0.46%
Capital Goods	0.37%
Consumer Cyclical - Automotive	0.22%
Technology	0.19%
Services	0.19%
Basic	0.17%
Consumer Cyclical - Other	0.13%
Consumer Cyclical - Retailers	0.11%
Consumer Non-Cyclical	0.06%
Energy	0.06%
Other Industrial	0.02%
SUBTOTAL	1.98%
Financial Institutions:
Finance	0.18%
REITS	0.11%
Insurance	0.02%
SUBTOTAL	0.31%
Utility:
Electric	0.19%
SUBTOTAL	0.19%
SUBTOTAL	2.48%
Emerging Markets - Corporate Bonds:
Industrial:
Basic	0.34%
Communications - Media	0.33%
Consumer Cyclical - Retailers	0.19%
Other Industrial	0.14%
Energy	0.13%
Consumer Non-Cyclical	0.09%
SUBTOTAL	1.22%
Financial Institutions:
Banking	0.63%
Other Finance	0.45%
SUBTOTAL	1.08%
SUBTOTAL	2.30%
Asset-Backed Securities:
Credit Cards - Floating Rate	0.98%
Home Equity Loans - Fixed Rate	0.49%
Home Equity Loans - Floating Rate	0.09%
SUBTOTAL	1.56%
Emerging Markets - Treasuries	1.34%
CMOs:
Non-Agency Fixed Rate	0.47%
Non-Agency Floating Rate	0.46%
Non-Agency ARMS	0.33%
SUBTOTAL	1.26%
Equities:
Common Stock	0.46%
Warrants	0.01%
SUBTOTAL	0.47%
Inflation-Linked Securities	0.34%
Local Governments - Regional Bonds	0.32%
Preferred Stocks:
Financial Institutions	0.19%
Non Corporate Sectors	0.01%
SUBTOTAL	0.20%
Local Governments - Municipal Bonds	0.15%
Supranationals	0.13%
Governments - Sovereign Agencies	0.10%
Short-Term Investments:
Investment Companies	0.07%
Total	100.00%

Country Breakdown
	Portfolio %
United States	51.83%
Russia	7.50%
Brazil	6.08%
Indonesia	3.42%
Colombia	2.81%
Kazakhstan	2.10%
United Kingdom	2.03%
Venezuela	1.85%
Argentina	1.73%
Philippines	1.64%
Ukraine	1.62%
South Africa	1.37%
Uruguay	1.32%
Turkey	1.23%
Peru	1.21%
Canada	1.12%
El Salvador	1.09%
Dominican Republic	0.99%
Hungary	0.95%
Netherlands	0.93%
Panama	0.92%
Ireland	0.75%
Germany	0.52%
Lithuania	0.43%
Egypt	0.37%
India	0.35%
Hong Kong	0.33%
Barbados	0.33%
Ghana	0.32%
Iceland	0.29%
France	0.28%
Croatia	0.26%
Czech Republic	0.24%
Gabon	0.20%
Bermuda	0.19%
Italy	0.15%
Trinidad And Tobago	0.14%
Luxembourg	0.13%
Supranational	0.13%
Serbia & Montenegro	0.13%
Cayman Islands	0.13%
Norway	0.12%
Australia	0.10%
Japan	0.09%
Poland	0.09%
Switzerland	0.09%
Jamaica	0.04%
Denmark	0.04%
Costa Rica	0.01%
Belgium	0.01%
Total	100.00%


Credit Quality Breakdown
	Portfolio %
AAA	6.43%
AA	1.03%
A	3.23%
BBB	23.97%
BB	27.40%
B	26.42%
CCC	10.71%
CC	0.24%
C	0.08%
D	0.42%
A-1+	0.07%
Total Investments	100.00%


Portfolio Statistics:
Percentage of Leverage:
Bank Borrowing:	0.00%
Investment Operations:	14.80%*
Preferred Stock:	0.00%
Tender Option Bonds:	0.00%
Term Asset-Backed Loans
Facility (TALF):	93%
Total:	15.73%


Avg. Maturity:	8.62 Years
Effective Duration:	5.66 Years
Total Net Assets:	$1,255.7 Million
Net Asset Value:	$14.74
Number of Holdings:	718

* 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.