NEW YORK, May 24, 2022 /PRNewswire/ -- AB Global High Income Fund [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of April 30, 2022.

 

AB Global High Income Fund













Top 10 Fixed-Income Holdings



Portfolio %

1) U.S. Treasury Notes 2.25%, 02/15/27



1.64%

2) U.S. Treasury Notes 2.875%, 08/15/28



1.11%

3) CCO Holdings 4.50%, 08/15/30 - 06/01/33



0.64%

4) CCO Holdings 4.75%, 02/01/32



0.63%

5) Dominican Repubic Intl Bond 8.625%, 04/20/27



0.63%

6) Altice France SA/France 5.125%, 07/15/29



0.53%

7) Sirius XM Radio, Inc. 4.00%, 07/15/28



0.52%

8) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28



0.51%

9) AMMC CLO 25 Ltd. Zero Coupon, 04/15/35



0.50%

10) Altice Financing SA 5.75%, 08/15/29



0.48%







Investment Type



Portfolio %

Corporates - Non-Investment Grade





Industrial





Communications - Media



6.67%

Energy



6.43%

Consumer Non-Cyclical



5.98%

Basic



3.44%

Services



3.17%

Consumer Cyclical - Other



2.89%

Communications - Telecommunications



2.73%

Consumer Cyclical - Automotive



2.73%

Capital Goods



2.68%

Technology



2.66%

Consumer Cyclical - Entertainment



2.55%

Consumer Cyclical - Retailers



2.33%

Transportation - Services



0.77%

Consumer Cyclical - Restaurants



0.74%

Transportation - Airlines



0.33%

Other Industrial



0.08%

SUBTOTAL



46.18%

Credit Default Swaps



20.83%

Financial Institutions





Banking



2.07%

Finance



1.78%

REITs



1.27%

Insurance



0.67%

Other Finance



0.49%

Brokerage



0.44%

SUBTOTAL



6.72%

Utility





Electric



1.06%

Other Utility



0.19%

SUBTOTAL



1.25%

SUBTOTAL



74.98%

Interest Rate Futures



15.04%

Corporates - Investment Grade





Financial Institutions





Banking



2.93%

Insurance



1.49%

Finance



0.64%

REITs



0.36%

Brokerage



0.12%

Other Finance



0.02%

SUBTOTAL



5.56%

Industrial





Energy



0.72%

Basic



0.69%

Communications - Telecommunications



0.67%

Transportation - Airlines



0.46%

Consumer Cyclical - Other



0.44%

Communications - Media



0.32%

Consumer Non-Cyclical



0.28%

Capital Goods



0.26%

Other Industrial



0.18%

Consumer Cyclical - Retailers



0.15%

Technology



0.15%

Consumer Cyclical - Automotive



0.11%

Services



0.02%

SUBTOTAL



4.45%

Utility





Electric



0.07%

SUBTOTAL



0.07%

SUBTOTAL



10.08%

Collateralized Mortgage Obligations





Risk Share Floating Rate



4.82%

Non-Agency Fixed Rate



0.46%

Non-Agency Floating Rate



0.40%

Agency Fixed Rate



0.37%

SUBTOTAL



6.05%

Commercial Mortgage-Backed Securities





Credit Default Swaps



4.54%

Non-Agency Fixed Rate CMBS



1.13%

Non-Agency Floating Rate CMBS



0.02%

SUBTOTAL



5.69%

Emerging Markets - Corporate Bonds





Industrial





Basic



1.33%

Consumer Non-Cyclical



0.69%

Energy



0.61%

Consumer Cyclical - Other



0.56%

Capital Goods



0.46%

Communications - Telecommunications



0.30%

Technology



0.20%

Communications - Media



0.10%

Services



0.07%

Transportation - Services



0.07%

SUBTOTAL



4.39%

Utility





Electric



0.60%

SUBTOTAL



0.60%

Financial Institutions





REITs



0.30%

Banking



0.06%

Insurance



0.04%

Finance



0.02%

Other Finance



0.01%

SUBTOTAL



0.43%

SUBTOTAL



5.42%

Bank Loans





Industrial





Technology



0.90%

Consumer Non-Cyclical



0.83%

Communications - Telecommunications



0.77%

Capital Goods



0.54%

Energy



0.45%

Other Industrial



0.31%

Consumer Cyclical - Retailers



0.27%

Communications - Media



0.24%

Services



0.17%

Consumer Cyclical - Other



0.14%

Consumer Cyclical - Restaurants



0.08%

Consumer Cyclical - Automotive



0.04%

SUBTOTAL



4.74%

Financial Institutions





Insurance



0.27%

Finance



0.02%

SUBTOTAL



0.29%

Utility





Electric



0.19%

SUBTOTAL



0.19%

SUBTOTAL



5.22%

Emerging Markets - Sovereigns





Emerging Markets - Sovereigns



4.97%

Credit Default Swaps



0.25%

SUBTOTAL



5.22%

Collateralized Loan Obligations





CLO - Floating Rate



4.62%

SUBTOTAL



4.62%

Global Governments



3.43%

Common Stocks



1.77%

Total Return Swaps



1.45%

Quasi-Sovereigns





Quasi-Sovereign Bonds



0.96%

SUBTOTAL



0.96%

Local Governments - US Municipal Bonds



0.46%

Forward Currency Exchange Contracts





Currency Instruments



0.44%

SUBTOTAL



0.44%

Preferred Stocks





Industrials



0.41%

SUBTOTAL



0.41%

Inflation-Linked Securities



0.22%

Asset-Backed Securities





Autos - Fixed Rate



0.08%

Other ABS - Fixed Rate



0.08%

SUBTOTAL



0.16%

Warrants



0.06%

Reverse Repurchase Agreements



-0.17%

Cash & Cash Equivalents





Cash



2.25%

Funds and Investment Trusts



1.04%

U.S. Treasury Bills



0.10%

SUBTOTAL



3.39%

Derivative Offsets





Futures Offsets



-15.64%

Swap Offsets



-29.26%

SUBTOTAL



-44.90%

TOTAL



100.00%







Country Breakdown



Portfolio %

United States



72.64%

United Kingdom



3.40%

Canada



1.93%

France



1.70%

Luxembourg



1.59%

Brazil



1.53%

Mexico



1.20%

Germany



1.05%

Spain



1.02%

Nigeria



0.77%

Italy



0.73%

Switzerland



0.65%

Bahrain



0.64%

India



0.64%

Dominican Republic



0.62%

Australia



0.58%

Colombia



0.54%

China



0.52%

Israel



0.47%

Argentina



0.45%

Cote D'Ivoire



0.43%

Finland



0.43%

Netherlands



0.42%

Sweden



0.41%

Macau



0.37%

Oman



0.37%

Ghana



0.35%

Peru



0.33%

Angola



0.32%

Jersey (Channel Islands)



0.32%

Senegal



0.29%

Ukraine



0.28%

Egypt



0.27%

Zambia



0.27%

Indonesia



0.26%

Gabon



0.24%

Jamaica



0.24%

Ireland



0.21%

South Africa



0.21%

Hong Kong



0.19%

Ecuador



0.18%

Denmark



0.14%

El Salvador



0.14%

Japan



0.12%

Turkey



0.12%

Guatemala



0.08%

Venezuela



0.07%

Chile



0.05%

Bermuda



0.04%

Kuwait



0.04%

Panama



0.04%

Morocco



0.03%

Belgium



0.02%

Cayman Islands



0.02%

Czech Republic



0.02%

Norway



0.01%

Total Investments



100.00%







Net Currency Exposure Breakdown



Portfolio %

US Dollar



100.05%

Canadian Dollar



0.11%

Argentine Peso



0.01%

Swiss Franc



0.01%

Japanese Yen



0.01%

South Korean Won



0.01%

Norwegian Krone



0.01%

Singapore Dollar



0.01%

Brazilian Real



-0.01%

Chinese Yuan Renminbi (Offshore)



-0.01%

Pound Sterling



-0.01%

New Zealand Dollar



-0.01%

Euro



-0.06%

Colombian Peso



-0.12%

Total Net Assets



100.00%







Credit Rating



Portfolio %

AAA



6.28%

AA



0.12%

A



1.28%

BBB



12.63%

BB



38.24%

B



25.21%

CCC



8.45%

CC



0.16%

C



0.12%

D



0.11%

Not Rated



4.58%

Short Term Investments



1.14%

Reverse Repurchase Agreements



-0.17%

N/A



1.85%

Total



100.00%







Bonds by Maturity



Portfolio %

Less than 1 Year



4.07%

1 To 5 Years



40.18%

5 To 10 Years



44.35%

10 To 20 Years



4.97%

20 To 30 Years



2.77%

More than 30 Years



1.82%

Other



1.84%

Total Net Assets



100.00%







Portfolio Statistics:





Average Coupon:



7.06%

Average Bond Price:



93.44

Percentage of Leverage(based on gross assets):





Bank Borrowing:



0.00%

Investment Operations:



29.27%

Preferred Stock:



0.00%

Tender Option Bonds:



0.00%

VMTP Shares:



0.00%

Total Fund Leverage:



29.27%

Average Maturity:



    6.59 Years

Effective Duration:



    4.75 Years

Total Net Assets:



$990.72 Million

Net Asset Value:



$11.49

Total Number of Holdings:



1,620

Portfolio Turnover:



51.00%







* 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.

 

Cision View original content:https://www.prnewswire.com/news-releases/ab-global-high-income-fund-releases-monthly-portfolio-update-301554371.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

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