NEW YORK, Nov. 24, 2014 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of October 31, 2014.
AllianceBernstein Global High Income Fund, Inc. | |
Top 10 Fixed Income Holdings | Portfolio % |
1) U.S. Treasury Notes 1.625%, 8/31/19 | 10.68% |
2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/17 | 1.33% |
3) Dominican Republic International Bond 8.625%, 4/20/27 | 0.80% |
4) El Salvador Government International Bond 7.65%, 6/15/35 | 0.59% |
5) U.S. Treasury Bonds 5.25%, 2/15/29 | 0.59% |
6) Ivory Coast Government International Bond 5.75%, 12/31/32 | 0.57% |
7) Dominican Republic International Bond 16.00%, 7/10/20 | 0.50% |
8) Argentina Boden Bonds 7.00%, 10/03/15 | 0.47% |
9) Venezuela Government International Bond 9.25%, 9/15/27 - 5/07/28 | 0.45% |
10) South Africa Government Bond Series R207 7.25%, 1/15/20 | 0.43% |
Investment Type | Portfolio % |
Corporates - Non-Investment Grades | |
Industrial | |
Energy | 9.23% |
Consumer Non-Cyclical | 7.13% |
Communications - Media | 5.90% |
Capital Goods | 5.05% |
Technology | 4.78% |
Basic | 4.25% |
Communications - Telecommunications | 3.61% |
Consumer Cyclical - Other | 3.41% |
Other Industrial | 2.24% |
Consumer Cyclical - Retailers | 2.11% |
Consumer Cyclical - Automotive | 1.59% |
Services | 1.23% |
Transportation - Services | 0.84% |
Consumer Cyclical - Entertainment | 0.61% |
Transportation - Airlines | 0.50% |
Consumer Cyclical - Restaurants | 0.47% |
SUBTOTAL | 52.95% |
Financial Institutions | |
Banking | 3.57% |
Finance | 1.54% |
Other Finance | 1.07% |
Insurance | 0.92% |
Brokerage | 0.43% |
REITS | 0.14% |
SUBTOTAL | 7.67% |
Utility | |
Electric | 2.40% |
SUBTOTAL | 2.40% |
Credit Default Swaps | 0.88% |
Non Corporate Sectors | |
Agencies - Not Government Guaranteed | 0.13% |
SUBTOTAL | 0.13% |
SUBTOTAL | 64.03% |
Global Governments | 17.02% |
Corporates - Investment Grades | |
Financial Institutions | |
Insurance | 1.88% |
Banking | 1.35% |
Finance | 0.63% |
REITS | 0.43% |
SUBTOTAL | 4.29% |
Industrial | |
Basic | 1.93% |
Other Industrial | 0.30% |
Communications - Telecommunications | 0.26% |
Capital Goods | 0.16% |
Energy | 0.15% |
Communications - Media | 0.14% |
Consumer Non-Cyclical | 0.12% |
Transportation - Airlines | 0.07% |
Consumer Cyclical - Automotive | 0.04% |
Consumer Cyclical - Other | 0.02% |
SUBTOTAL | 3.19% |
Credit Default Swaps | 0.64% |
Non Corporate Sectors | |
ABS - Other | 0.21% |
Agencies - Not Government Guaranteed | 0.11% |
SUBTOTAL | 0.32% |
Utility | |
Natural Gas | 0.10% |
SUBTOTAL | 0.10% |
SUBTOTAL | 8.54% |
Collateralized Mortgage Obligations | |
Non-Agency Fixed Rate | 3.48% |
Non-Agency Floating Rate | 2.18% |
GSE Risk Share Floating Rate | 1.14% |
SUBTOTAL | 6.80% |
Bank Loans | |
Industrial | |
Other Industrial | 0.61% |
Consumer Cyclical - Automotive | 0.60% |
Consumer Non-Cyclical | 0.59% |
Consumer Cyclical - Other | 0.39% |
Basic | 0.30% |
Consumer Cyclical - Retailers | 0.30% |
Capital Goods | 0.20% |
Consumer Cyclical - Entertainment | 0.20% |
Communications - Media | 0.17% |
Technology | 0.16% |
Energy | 0.08% |
SUBTOTAL | 3.60% |
Financial Institutions | |
Other Finance | 0.12% |
Insurance | 0.04% |
SUBTOTAL | 0.16% |
Utility | |
Electric | 0.16% |
SUBTOTAL | 0.16% |
Non Corporate Sectors | |
Foreign Local Government - Municipal | 0.06% |
SUBTOTAL | 0.06% |
SUBTOTAL | 3.98% |
Emerging Markets - Corporate Bonds | |
Industrial | |
Consumer Non-Cyclical | 1.01% |
Capital Goods | 0.56% |
Basic | 0.46% |
Consumer Cyclical - Retailers | 0.26% |
Transportation - Airlines | 0.26% |
Consumer Cyclical - Other | 0.17% |
Communications - Telecommunications | 0.14% |
Energy | 0.14% |
Communications - Media | 0.13% |
SUBTOTAL | 3.13% |
Utility | |
Electric | 0.13% |
SUBTOTAL | 0.13% |
Financial Institutions | |
Finance | 0.11% |
SUBTOTAL | 0.11% |
Non Corporate Sectors | |
Agencies - Not Government Guaranteed | 0.11% |
SUBTOTAL | 0.11% |
SUBTOTAL | 3.48% |
Preferred Stocks | |
Financial Institutions | 2.53% |
Industrial | 0.05% |
Utility | 0.03% |
SUBTOTAL | 2.61% |
Emerging Markets - Sovereigns | |
Emerging Markets - Sovereigns | 3.89% |
Credit Default Swaps | -1.29% |
SUBTOTAL | 2.60% |
Commercial Mortgage-Backed Securities | |
Non-Agency Fixed Rate CMBS | 2.09% |
Non-Agency Floating Rate CMBS | 0.02% |
SUBTOTAL | 2.11% |
Emerging Markets - Treasuries | 0.89% |
Local Governments - Municipal Bonds | 0.89% |
Governments - Sovereign Agencies | 0.77% |
Asset-Backed Securities | |
Home Equity Loans - Fixed Rate | 0.61% |
Home Equity Loans - Floating Rate | 0.14% |
SUBTOTAL | 0.75% |
Whole Loan Trusts | |
Performing Asset | 0.69% |
SUBTOTAL | 0.69% |
Quasi-Sovereigns | |
Quasi-Sovereign Bonds | 0.61% |
SUBTOTAL | 0.61% |
Local Governments - Regional Bonds | 0.35% |
Common Stocks | 0.22% |
Currency Instruments | |
Forward Currency Exchange Contracts | 0.20% |
SUBTOTAL | 0.20% |
Investment Companies | |
Funds and Investment Trusts | 0.17% |
SUBTOTAL | 0.17% |
Interest Rate Swaps - SIFMA | -11.70% |
Reverse Repurchase Agreements | -19.31% |
Net Cash Equivalents | |
Cash | 1.82% |
Investment Companies | 0.64% |
SUBTOTAL | 2.46% |
Derivative Offsets | |
Swaps Offsets | 11.84% |
SUBTOTAL | 11.84% |
100.00% | |
Country Breakdown | Portfolio % |
United States | 69.28% |
United Kingdom | 3.84% |
Brazil | 3.51% |
Canada | 1.87% |
Luxembourg | 1.76% |
Ireland | 1.42% |
Dominican Republic | 1.40% |
France | 1.39% |
Netherlands | 1.25% |
Germany | 1.08% |
Mexico | 1.04% |
Italy | 0.92% |
Switzerland | 0.79% |
South Africa | 0.78% |
Indonesia | 0.67% |
Colombia | 0.63% |
El Salvador | 0.56% |
Venezuela | 0.55% |
United Arab Emirates | 0.53% |
Ivory Coast | 0.49% |
Australia | 0.48% |
Argentina | 0.40% |
Portugal | 0.39% |
Spain | 0.39% |
Norway | 0.36% |
Kazakhstan | 0.36% |
Peru | 0.33% |
Croatia | 0.30% |
Macau | 0.26% |
Philippines | 0.23% |
Turkey | 0.19% |
Costa Rica | 0.17% |
Barbados | 0.17% |
Singapore | 0.16% |
Zambia | 0.14% |
Bahrain | 0.14% |
Ghana | 0.12% |
Japan | 0.11% |
Bulgaria | 0.11% |
Hong Kong | 0.11% |
Lebanon | 0.10% |
Romania | 0.10% |
Pakistan | 0.10% |
Jamaica | 0.09% |
India | 0.09% |
Denmark | 0.08% |
Belgium | 0.08% |
Mongolia | 0.08% |
Sweden | 0.08% |
China | 0.08% |
Bermuda | 0.07% |
Guatemala | 0.07% |
Virgin Islands (BVI) | 0.06% |
Sri Lanka | 0.06% |
Chile | 0.05% |
Kenya | 0.05% |
Morocco | 0.05% |
Serbia | 0.03% |
Total Investments | 100.00% |
Net Currency Exposure Breakdown | Portfolio % |
United States Dollar | 99.21% |
Brazilian Real | 1.89% |
Mexican Peso | 1.02% |
Indonesian Rupiah | 0.98% |
Peruvian Nuevo Sol | 0.97% |
South African Rand | 0.78% |
New Turkish Lira | 0.77% |
Dominican Peso | 0.50% |
Colombian Peso | 0.39% |
Philippine Peso | 0.27% |
Indian Rupee | 0.25% |
Costa Rican Colon | 0.20% |
Hungarian Forint | 0.17% |
Swiss Franc | 0.04% |
Great British Pound | -0.61% |
Canadian Dollar | -1.00% |
Euro | -1.41% |
Australian Dollar | -2.00% |
Japanese Yen | -2.42% |
Total Net Assets | 100.00% |
Credit Rating | Portfolio % |
AAA | -15.57% |
AA | 0.64% |
A | 2.50% |
BBB | 13.28% |
BB | 28.68% |
B | 34.01% |
CCC | 15.22% |
CC | 0.92% |
C | 0.01% |
D | 0.62% |
Not Rated | 3.74% |
Short Term Investments | 0.64% |
N/A | 15.31% |
100.00% | |
Bonds By Maturity | Portfolio % |
Less than 1 year | -4.76% |
1 to 5 years | 53.64% |
5 to 10 years | 36.58% |
10 to 20 years | 7.23% |
20 to 30 years | 5.54% |
More than 30 years | 1.55% |
Other | 0.22% |
Total Net Assets | 100.00% |
Portfolio Statistics: | |
Average Coupon: | 7.42% |
Average Bond Price : | 101.73 |
Percentage of Leverage: | |
Bank Borrowing: | 0.00% |
Investment Operations: | 30.86%* |
Preferred Stock: | 0.00% |
Tender Option Bonds: | 0.00% |
Term Asset-Backed Loans Facility (TALF): | 0.00% |
Total Fund Leverage: | 30.86% |
Average Maturity: | 7.69 Years |
Effective Duration: | 4.93 Years |
Total Net Assets: | $1,284.73 Million |
Net Asset Value: | $14.90 |
Number of Holdings: | 1202 |
Portfolio Turnover: | 36% |
* 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.
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SOURCE AllianceBernstein Global High Income Fund, Inc.