NEW YORK, Nov. 23, 2015 /PRNewswire/ -- AB Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of October 31, 2015.
AB Global High Income Fund, Inc. | |
Top 10 Fixed Income Holdings | Portfolio % |
1) U.S. Treasury Bonds 8.125%, 5/15/21 | 3.10% |
2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/17 - 1/01/25 | 2.18% |
3) U.S. Treasury Notes 1.25%, 1/31/20 | 1.09% |
4) Wachovia Mortgage Loan Trust Series Series 2006-ALT1, Class A2 0.377%, 1/25/37 | 0.96% |
5) U.S. Treasury Bonds 5.25%, 2/15/29 | 0.67% |
6) Ivory Coast Government International Bond 5.75%, 12/31/32 | 0.59% |
7) Dominican Republic International Bond 8.625%, 4/20/27 | 0.59% |
8) El Salvador Government International Bond 7.65%, 6/15/35 | 0.56% |
9) Dominican Republic International Bond 16.00%, 7/10/20 | 0.54% |
10) U.S. Treasury Bonds 5.00%, 5/15/37 | 0.43% |
Investment Type | Portfolio % |
Corporates - Non-Investment Grade | |
Industrial | |
Consumer Non-Cyclical | 7.41% |
Communications - Media | 6.00% |
Energy | 5.54% |
Capital Goods | 3.83% |
Communications - Telecommunications | 3.71% |
Consumer Cyclical - Other | 3.61% |
Technology | 3.26% |
Basic | 2.84% |
Consumer Cyclical - Retailers | 2.67% |
Consumer Cyclical - Automotive | 1.92% |
Other Industrial | 1.23% |
Transportation - Services | 0.66% |
Services | 0.59% |
Consumer Cyclical - Entertainment | 0.58% |
Transportation - Airlines | 0.48% |
Consumer Cyclical - Restaurants | 0.41% |
SUBTOTAL | 44.74% |
Financial Institutions | |
Banking | 4.41% |
Finance | 1.36% |
Insurance | 0.64% |
Other Finance | 0.47% |
Brokerage | 0.09% |
SUBTOTAL | 6.97% |
Credit Default Swaps | 4.20% |
SUBTOTAL | 4.20% |
Utility | |
Electric | 1.92% |
SUBTOTAL | 1.92% |
SUBTOTAL | 57.83% |
Global Governments | 10.94% |
Collateralized Mortgage Obligations | |
GSE Risk Share Floating Rate | 4.12% |
Non-Agency Fixed Rate | 3.39% |
Non-Agency Floating Rate | 2.97% |
SUBTOTAL | 10.48% |
Corporates - Investment Grade | |
Industrial | |
Basic | 1.69% |
Energy | 0.63% |
Communications - Media | 0.57% |
Communications - Telecommunications | 0.26% |
Capital Goods | 0.24% |
Other Industrial | 0.20% |
Transportation - Airlines | 0.16% |
Consumer Non-Cyclical | 0.11% |
Transportation - Services | 0.07% |
Consumer Cyclical - Other | 0.02% |
SUBTOTAL | 3.95% |
Financial Institutions | |
Insurance | 1.44% |
Banking | 1.06% |
REITS | 0.48% |
Finance | 0.39% |
Brokerage | 0.09% |
SUBTOTAL | 3.46% |
Credit Default Swaps | 0.72% |
SUBTOTAL | 0.72% |
Utility | |
Electric | 0.39% |
Natural Gas | 0.11% |
SUBTOTAL | 0.50% |
SUBTOTAL | 8.63% |
Commercial Mortgage-Backed Securities | |
Non-Agency Fixed Rate CMBS | 3.04% |
Credit Default Swaps | 0.87% |
Non-Agency Floating Rate CMBS | 0.18% |
SUBTOTAL | 4.09% |
Emerging Markets - Sovereigns | 3.55% |
Bank Loans | |
Industrial | |
Consumer Cyclical - Retailers | 0.50% |
Other Industrial | 0.49% |
Basic | 0.44% |
Consumer Cyclical - Other | 0.37% |
Consumer Non-Cyclical | 0.30% |
Consumer Cyclical - Entertainment | 0.23% |
Technology | 0.23% |
Communications - Media | 0.19% |
Energy | 0.18% |
Capital Goods | 0.11% |
Consumer Cyclical - Automotive | 0.07% |
SUBTOTAL | 3.11% |
Utility | |
Electric | 0.18% |
SUBTOTAL | 0.18% |
Financial Institutions | |
Insurance | 0.04% |
SUBTOTAL | 0.04% |
SUBTOTAL | 3.33% |
Interest Rate Swaps - SIFMA | 2.72% |
Emerging Markets - Corporate Bonds | |
Industrial | |
Consumer Non-Cyclical | 0.49% |
Capital Goods | 0.49% |
Basic | 0.41% |
Consumer Cyclical - Retailers | 0.32% |
Transportation - Airlines | 0.24% |
Communications - Telecommunications | 0.17% |
Consumer Cyclical - Other | 0.03% |
SUBTOTAL | 2.15% |
Utility | |
Electric | 0.15% |
SUBTOTAL | 0.15% |
Financial Institutions | |
Finance | 0.09% |
SUBTOTAL | 0.09% |
SUBTOTAL | 2.39% |
Preferred Stocks | |
Financial Institutions | 2.02% |
Utility | 0.03% |
SUBTOTAL | 2.05% |
Governments - Sovereign Agencies | 1.47% |
Local Governments - Municipal Bonds | 1.03% |
Asset-Backed Securities | |
Home Equity Loans - Fixed Rate | 0.76% |
Home Equity Loans - Floating Rate | 0.18% |
SUBTOTAL | 0.94% |
Whole Loan Trusts | |
Performing Asset | 0.82% |
SUBTOTAL | 0.82% |
Common Stocks | 0.75% |
Emerging Markets - Treasuries | 0.73% |
Quasi-Sovereigns | |
Quasi-Sovereign Bonds | 0.45% |
SUBTOTAL | 0.45% |
Total Return Swaps | 0.28% |
Investment Companies | |
Funds and Investment Trusts | 0.16% |
SUBTOTAL | 0.16% |
Agencies | |
Agency Subordinated | 0.14% |
SUBTOTAL | 0.14% |
Inflation-Linked Securities | 0.07% |
Warrants | 0.05% |
Options Purchased - Puts | |
Swaptions | 0.01% |
SUBTOTAL | 0.01% |
Currency Instruments | |
Forward Currency Exchange Contracts | -0.17% |
SUBTOTAL | -0.17% |
Reverse Repurchase Agreements | -7.07% |
Net Cash Equivalents | |
Investment Companies | 1.49% |
Cash | 1.45% |
SUBTOTAL | 2.94% |
Derivative Offsets | |
Swaps Offsets | -8.61% |
SUBTOTAL | -8.61% |
100.00% | |
Country Breakdown | Portfolio % |
United States | 69.00% |
Brazil | 4.34% |
United Kingdom | 3.68% |
Canada | 1.90% |
France | 1.79% |
Mexico | 1.60% |
Netherlands | 1.51% |
Ireland | 1.43% |
Dominican Republic | 1.33% |
Luxembourg | 1.17% |
Germany | 1.03% |
South Africa | 0.82% |
Italy | 0.78% |
Switzerland | 0.78% |
Ivory Coast | 0.66% |
United Arab Emirates | 0.64% |
Indonesia | 0.59% |
El Salvador | 0.59% |
Bermuda | 0.50% |
Colombia | 0.46% |
Venezuela | 0.45% |
Spain | 0.41% |
Croatia | 0.36% |
Ghana | 0.35% |
India | 0.31% |
Australia | 0.29% |
New Zealand | 0.26% |
Jamaica | 0.24% |
Turkey | 0.23% |
Kazakhstan | 0.20% |
Portugal | 0.20% |
Barbados | 0.20% |
Macau | 0.19% |
Hong Kong | 0.18% |
Trinidad & Tobago | 0.17% |
Bulgaria | 0.14% |
Zambia | 0.13% |
Pakistan | 0.13% |
Lebanon | 0.12% |
Sweden | 0.10% |
Denmark | 0.09% |
Sri Lanka | 0.09% |
Peru | 0.08% |
Guatemala | 0.07% |
Uruguay | 0.07% |
Kenya | 0.06% |
Morocco | 0.06% |
Chile | 0.06% |
Bahrain | 0.05% |
Belgium | 0.04% |
Norway | 0.04% |
Serbia | 0.03% |
100.00% | |
Net Currency Exposure Breakdown | Portfolio % |
United States Dollar | 99.38% |
Japanese Yen | 2.46% |
Indian Rupee | 1.23% |
Dominican Peso | 0.54% |
New Turkish Lira | 0.49% |
Hungarian Forint | 0.17% |
Uruguayan Peso | 0.07% |
Mexican Peso | 0.03% |
Canadian Dollar | 0.01% |
South African Rand | 0.01% |
Great British Pound | -0.01% |
Norwegian Krone | -0.02% |
Colombian Peso | -0.05% |
Brazilian Real | -0.06% |
Australian Dollar | -0.48% |
Taiwan New Dollar | -1.00% |
Singapore Dollar | -1.01% |
Euro | -1.76% |
Total Net Assets | 100.00% |
Credit Rating | Portfolio % |
AAA | 0.64% |
AA | 0.66% |
A | 2.24% |
BBB | 15.61% |
BB | 28.99% |
B | 24.08% |
CCC | 12.88% |
CC | 1.03% |
C | 0.02% |
D | 0.68% |
Not Rated | 7.97% |
Short Term Investments | 1.49% |
N/A | 3.71% |
100.00% | |
Bonds By Maturity | Portfolio % |
Less than 1 year | 2.90% |
1 to 5 years | 35.52% |
5 to 10 years | 45.05% |
10 to 20 years | 8.99% |
20 to 30 years | 5.08% |
More than 30 years | 1.65% |
Other | 0.81% |
Total Net Assets | 100.00% |
Portfolio Statistics: | |
Average Coupon: | 7.12% |
Average Bond Price : | 97.60 |
Percentage of Leverage: | |
Bank Borrowing: | 0.00% |
Investment Operations: | 18.00%* |
Preferred Stock: | 0.00% |
Tender Option Bonds: | 0.00% |
Term Asset-Backed Loans Facility (TALF): | 0.00% |
Total Fund Leverage: | 18.00% |
Average Maturity: | 7.82 Years |
Effective Duration: | 4.92 Years |
Total Net Assets: | $1,134.85 Million |
Net Asset Value: | $13.16 |
Number of Holdings: | 1140 |
Portfolio Turnover: | 48% |
* 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. |
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ab-global-high-income-fund-releases-monthly-portfolio-update-300183505.html
SOURCE AB Global High Income Fund, Inc.