AB Global High Income Fund, Inc.

Top 10 Fixed Income Holdings

Portfolio %

1) U.S. Treasury Bonds 8.125%, 5/15/21

3.11%

2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/17 - 1/01/25

2.50%

3) U.S. Treasury Notes 1.25%, 1/31/20

1.12%

4) Wachovia Mortgage Loan Trust Series Series 2006-ALT1, Class A2 0.626%, 1/25/37

0.84%

5) U.S. Treasury Notes 2.25%, 11/15/25

0.79%

6) U.S. Treasury Bonds 5.25%, 2/15/29

0.70%

7) Ivory Coast Government International Bond 5.75%, 12/31/32

0.61%

8) Dominican Republic International Bond 8.625%, 4/20/27

0.59%

9) Dominican Republic International Bond 16.00%, 7/10/20

0.53%

10) Turkey Government Bond 8.30%, 6/20/18

0.48%

Investment Type

Portfolio %

Corporates - Non-Investment Grade

Industrial

Consumer Non-Cyclical

7.36%

Communications - Media

5.58%

Energy

5.04%

Communications - Telecommunications

3.74%

Capital Goods

3.43%

Consumer Cyclical - Other

3.19%

Basic

2.93%

Technology

2.65%

Consumer Cyclical - Retailers

2.12%

Consumer Cyclical - Automotive

1.68%

Other Industrial

1.25%

Services

0.95%

Transportation - Services

0.85%

Consumer Cyclical - Entertainment

0.63%

Transportation - Airlines

0.44%

Consumer Cyclical - Restaurants

0.30%

SUBTOTAL

42.14%

Credit Default Swaps

12.05%

SUBTOTAL

12.05%

Financial Institutions

Banking

3.94%

Finance

1.30%

Other Finance

0.50%

Insurance

0.37%

REITS

0.03%

Brokerage

0.01%

SUBTOTAL

6.15%

Utility

Electric

1.65%

SUBTOTAL

1.65%

SUBTOTAL

61.99%

Collateralized Mortgage Obligations

Risk Share Floating Rate

8.13%

Non-Agency Fixed Rate

3.00%

Non-Agency Floating Rate

1.37%

SUBTOTAL

12.50%

Global Governments

10.30%

Corporates - Investment Grade

Industrial

Basic

1.52%

Energy

0.76%

Technology

0.66%

Capital Goods

0.39%

Communications - Media

0.27%

Transportation - Airlines

0.18%

Communications - Telecommunications

0.17%

Consumer Non-Cyclical

0.12%

Other Industrial

0.03%

Consumer Cyclical - Other

0.02%

SUBTOTAL

4.12%

Financial Institutions

Insurance

1.20%

Banking

0.72%

REITS

0.48%

Brokerage

0.17%

SUBTOTAL

2.57%

Credit Default Swaps

0.74%

SUBTOTAL

0.74%

Utility

Electric

0.39%

Natural Gas

0.11%

SUBTOTAL

0.50%

SUBTOTAL

7.93%

Total Return Swaps

6.60%

Commercial Mortgage-Backed Securities

Non-Agency Fixed Rate CMBS

3.97%

Credit Default Swaps

0.83%

Non-Agency Floating Rate CMBS

0.21%

SUBTOTAL

5.01%

Emerging Markets - Sovereigns

3.76%

Bank Loans

Industrial

Consumer Cyclical - Retailers

0.76%

Consumer Non-Cyclical

0.50%

Technology

0.50%

Consumer Cyclical - Other

0.47%

Consumer Cyclical - Entertainment

0.42%

Other Industrial

0.40%

Basic

0.29%

Capital Goods

0.11%

Consumer Cyclical - Automotive

0.07%

SUBTOTAL

3.52%

Utility

Electric

0.18%

SUBTOTAL

0.18%

Financial Institutions

Insurance

0.04%

SUBTOTAL

0.04%

SUBTOTAL

3.74%

Emerging Markets - Treasuries

3.48%

Emerging Markets - Corporate Bonds

Industrial

Consumer Non-Cyclical

0.62%

Consumer Cyclical - Retailers

0.28%

Transportation - Airlines

0.26%

Capital Goods

0.25%

Basic

0.24%

Communications - Telecommunications

0.23%

SUBTOTAL

1.88%

Financial Institutions

Finance

0.10%

SUBTOTAL

0.10%

SUBTOTAL

1.98%

Interest Rate Futures

1.97%

Asset-Backed Securities

Home Equity Loans - Fixed Rate

0.69%

Other ABS - Fixed Rate

0.18%

Home Equity Loans - Floating Rate

0.17%

Other ABS - Floating Rate

0.12%

Autos - Fixed Rate

0.06%

SUBTOTAL

1.22%

Governments - Sovereign Agencies

1.08%

Preferred Stocks

Financial Institutions

1.01%

Utility

0.03%

SUBTOTAL

1.04%

Whole Loan Trusts

Performing Asset

0.94%

SUBTOTAL

0.94%

Common Stocks

0.83%

Local Governments - Municipal Bonds

0.64%

Quasi-Sovereigns

Quasi-Sovereign Bonds

0.21%

SUBTOTAL

0.21%

Inflation-Linked Securities

0.19%

Investment Companies

Funds and Investment Trusts

0.17%

SUBTOTAL

0.17%

Currency Instruments

Forward Currency Exchange Contracts

0.16%

SUBTOTAL

0.16%

Local Governments - Regional Bonds

0.16%

Warrants

0.03%

Options Purchased - Puts

Options on Equity Indices

0.01%

SUBTOTAL

0.01%

Call Options Written

-0.01%

Put Options Written

-0.01%

Interest Rate Swaps

-0.06%

Reverse Repurchase Agreements

-7.12%

Net Cash Equivalents

Cash

1.84%

Investment Companies

1.09%

Emerging Markets - Sovereigns

0.14%

Repurchase Agreements

-0.13%

SUBTOTAL

2.94%

Derivative Offsets

Futures Offsets

-1.94%

Swaps Offsets

-19.74%

SUBTOTAL

-21.68%

Total 

100.00%

Country Breakdown

Portfolio %

United States

70.09%

Brazil

5.15%

United Kingdom

3.12%

Canada

2.07%

Ireland

1.62%

Luxembourg

1.52%

Mexico

1.47%

France

1.28%

Dominican Republic

1.25%

Netherlands

1.00%

Switzerland

0.87%

Argentina

0.84%

Italy

0.77%

Turkey

0.70%

Ivory Coast

0.69%

Colombia

0.67%

United Arab Emirates

0.62%

Indonesia

0.58%

Germany

0.49%

Bermuda

0.48%

Venezuela

0.44%

Spain

0.40%

South Africa

0.38%

Croatia

0.37%

Jamaica

0.30%

Ghana

0.29%

Australia

0.24%

Angola

0.21%

Barbados

0.21%

New Zealand

0.21%

Portugal

0.20%

Trinidad & Tobago

0.17%

Pakistan

0.14%

Macau

0.13%

Zambia

0.13%

India

0.12%

Sri Lanka

0.10%

Denmark

0.09%

Guatemala

0.08%

Cayman Islands

0.08%

Gabon

0.07%

El Salvador

0.07%

Peru

0.07%

Kenya

0.06%

Chile

0.05%

Finland

0.05%

Norway

0.03%

Serbia

0.03%

Total Investments

100.00%

Net Currency Exposure Breakdown

Portfolio %

United States Dollar

97.14%

Mexican Peso

3.46%

South African Rand

1.74%

Brazilian Real

1.63%

Russian Rubles

1.26%

Indian Rupee

0.99%

Dominican Peso

0.53%

Indonesian Rupiah

0.53%

Argentine Peso

0.49%

New Turkish Lira

0.49%

Colombian Peso

0.45%

Hungarian Forint

0.17%

Swedish Krona

0.02%

Norwegian Krone

0.01%

Swiss Franc

-0.01%

Singapore Dollar

-0.51%

Australian Dollar

-0.95%

Japanese Yen

-0.97%

Great British Pound

-1.02%

Euro

-1.09%

Canadian Dollar

-1.48%

Taiwan New Dollar

-2.88%

Total Net Assets

100.00%

Credit Rating

Portfolio %

AAA

2.23%

AA

0.82%

A

2.42%

BBB

13.20%

BB

29.84%

B

24.00%

CCC

9.98%

CC

1.15%

C

0.23%

D

1.31%

Not Rated

10.50%

Short Term Investments

1.10%

N/A

3.22%

Total 

100.00%

Bonds By Maturity

Portfolio %

Less than 1 year

5.40%

1 to 5 years

37.13%

5 to 10 years

41.09%

10 to 20 years

8.73%

20 to 30 years

5.46%

More than 30 years

1.33%

Other

0.86%

Total Net Assets

100.00%

Portfolio Statistics:

Average Coupon:

7.58%

Average Bond Price :

98.57

Percentage of Leverage (based on Gross Assets):

Bank Borrowing:

0.00%

Investment Operations:

33.90%*

Preferred Stock:

0.00%

Tender Option Bonds:

0.00%

VMTP Shares:

0.00%

Total Fund Leverage:

33.90%

Average Maturity:

7.70 Years

Effective Duration:

4.97 Years

Total Net Assets:

$1,116.48 Million

Net Asset Value:

$12.95

Number of Holdings:

1223

Portfolio Turnover:

42%