AB Global High Income Fund RELEASES MONTHLY PORTFOLIO UPDATE

NEW YORK, Feb. 23, 2018 /PRNewswire/ -- AB Global High Income Fund, Inc.AWF (the "Fund") today released its monthly portfolio update as of January 31,2018.  

AB Global High Income Fund, Inc.









Top 10 Fixed-Income Holdings


Portfolio %

1) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/21 - 1/01/27 

4.63%

2) U.S. Treasury Notes  0.875%, 4/15/19 


3.44%

3) Turkey Government Bond  11.00%, 2/24/27 

1.02%

4) Mexican Bonos Series M 20 10.00%, 12/05/24 

0.90%

5) U.S. Treasury Bonds  6.25%, 5/15/30 


0.88%

6) Mexican Bonos Series M 6.50%, 6/10/21 

0.83%

7) Argentine Republic Government International Bond  6.875%, 4/22/21 - 1/26/27 

0.76%

8) Turkey Government Bond  11.10%, 5/15/19 

0.67%

9) Wachovia Mortgage Loan Trust Series Series 2006-ALT1, Class A2 1.741%, 1/25/37 

0.66%

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

0.57%




Investment Type


Portfolio %

Corporates - Non-Investment Grade



Industrial



Energy


6.63%

Communications - Media


4.61%

Basic


3.96%

Consumer Non-Cyclical


3.92%

Communications - Telecommunications


2.70%

Consumer Cyclical - Other


2.66%

Capital Goods


1.83%

Technology


1.67%

Services


1.66%

Consumer Cyclical - Automotive


1.38%

Transportation - Services


1.13%

Consumer Cyclical - Retailers


1.01%

Other Industrial


0.54%

Consumer Cyclical - Entertainment


0.34%

Consumer Cyclical - Restaurants


0.12%

Transportation - Airlines


0.09%

SUBTOTAL


34.25%

Financial Institutions



Banking


4.84%

Finance


1.02%

Insurance


0.60%

Other Finance


0.45%

REITS


0.19%

Brokerage


0.13%

SUBTOTAL


7.23%

Credit Default Swaps


5.16%

SUBTOTAL


5.16%

Utility



Electric


1.42%

Natural Gas


0.09%

SUBTOTAL


1.51%

SUBTOTAL


48.15%

Interest Rate Swaps


26.22%

Global Governments


12.60%

Collateralized Mortgage Obligations



Risk Share Floating Rate


9.28%

Non-Agency Fixed Rate


1.64%

Non-Agency Floating Rate


1.05%

SUBTOTAL


11.97%

Interest Rate Futures


8.82%

Emerging Markets - Treasuries


8.70%

Corporates - Investment Grade



Financial Institutions



Banking


1.34%

Insurance


1.21%

REITS


0.39%

Brokerage


0.08%

SUBTOTAL


3.02%

Industrial



Basic


0.96%

Technology


0.52%

Energy


0.46%

Communications - Telecommunications


0.26%

Capital Goods


0.25%

Communications - Media


0.22%

Consumer Cyclical - Automotive


0.13%

Consumer Cyclical - Other


0.08%

Services


0.06%

Transportation - Airlines


0.04%

Consumer Non-Cyclical


0.02%

SUBTOTAL


3.00%

Credit Default Swaps


0.89%

SUBTOTAL


0.89%

SUBTOTAL


6.91%

Emerging Markets - Sovereigns


6.89%

Commercial Mortgage-Backed Securities



Credit Default Swaps


4.10%

Non-Agency Fixed Rate CMBS


1.93%

Non-Agency Floating Rate CMBS


0.22%

SUBTOTAL


6.25%

Emerging Markets - Corporate Bonds



Industrial



Energy


1.06%

Consumer Non-Cyclical


0.86%

Basic


0.86%

Communications - Telecommunications


0.43%

Capital Goods


0.27%

Consumer Cyclical - Other


0.17%

Transportation - Services


0.15%

Consumer Cyclical - Retailers


0.07%

Other Industrial


0.06%

Technology


0.05%

Transportation - Airlines


0.04%

SUBTOTAL


4.02%

Financial Institutions



Banking


0.42%

Finance


0.05%

SUBTOTAL


0.47%

Utility



Electric


0.11%

SUBTOTAL


0.11%

SUBTOTAL


4.60%

Total Return Swaps


4.44%

Bank Loans



Industrial



Consumer Non-Cyclical


0.66%

Consumer Cyclical - Other


0.33%

Consumer Cyclical - Retailers


0.32%

Capital Goods


0.31%

Energy


0.25%

Technology


0.24%

Other Industrial


0.12%

Communications - Telecommunications


0.11%

Services


0.09%

Consumer Cyclical - Entertainment


0.08%

Basic


0.08%

Consumer Cyclical - Automotive


0.03%

Consumer Cyclical - Restaurants


0.02%

SUBTOTAL


2.64%

SUBTOTAL


2.64%

Common Stocks


1.62%

Asset-Backed Securities



Other ABS - Fixed Rate


0.70%

Home Equity Loans - Fixed Rate


0.55%

Home Equity Loans - Floating Rate


0.10%

Autos - Fixed Rate


0.06%

SUBTOTAL


1.41%

Preferred Stocks



Industrial


0.84%

Financial Institutions


0.30%

Utility


0.02%

SUBTOTAL


1.16%

Inflation-Linked Securities


0.73%

Local Governments - Regional Bonds


0.56%

Local Governments - US Municipal Bonds


0.45%

Quasi-Sovereigns



Quasi-Sovereign Bonds


0.28%

SUBTOTAL


0.28%

Whole Loan Trusts



Performing Asset


0.22%

SUBTOTAL


0.22%

Investment Companies



Funds and Investment Trusts


0.19%

SUBTOTAL


0.19%

Collateralized Loan Obligations



CLO - Floating Rate


0.13%

SUBTOTAL


0.13%

Warrants


0.02%

Options Purchased - Calls



Options on Forward Contracts


0.01%

SUBTOTAL


0.01%

Put Options Written


-0.10%

Currency Instruments



Forward Currency Exchange Contracts


-0.71%

SUBTOTAL


-0.71%

Reverse Repurchase Agreements


-6.51%

Net Cash Equivalents



Investment Companies


0.96%

Emerging Markets - Sovereigns


0.59%

Cash


0.22%

Governments - Treasuries


0.07%

SUBTOTAL


1.84%

Derivative Offsets



Futures Offsets


-9.00%

Swaps Offsets


-40.49%

SUBTOTAL


-49.49%

Total


100.00%




Country Breakdown


Portfolio %

United States


59.89%

Brazil


6.53%

Argentina


3.10%

Mexico


2.73%

Turkey


2.62%

United Kingdom


2.62%

Canada


1.71%

Luxembourg


1.68%

Indonesia


1.66%

France


1.25%

Dominican Republic


1.21%

Ireland


1.13%

Italy


1.01%

Egypt


0.86%

Spain


0.85%

Russia


0.81%

Switzerland


0.79%

Colombia


0.78%

Netherlands


0.66%

Sri Lanka


0.59%

Ivory Coast


0.53%

Ukraine


0.47%

Malaysia


0.47%

Zambia


0.42%

Cayman Islands


0.39%

Jamaica


0.39%

South Africa


0.35%

India


0.34%

United Arab Emirates


0.29%

Ecuador


0.27%

Gabon


0.25%

Germany


0.23%

Mongolia


0.19%

Venezuela


0.18%

Norway


0.17%

Guatemala


0.16%

Sweden


0.15%

Trinidad & Tobago


0.14%

El Salvador


0.14%

Bahrain


0.14%

Nigeria


0.12%

Macau


0.12%

Senegal


0.12%

Denmark


0.12%

Pakistan


0.12%

Israel


0.12%

Uruguay


0.12%

Cameroon


0.11%

Honduras


0.08%

Peru


0.08%

Angola


0.07%

Costa Rica


0.07%

Australia


0.07%

Singapore


0.07%

Chile


0.06%

Kenya


0.06%

Iraq


0.05%

Hong Kong


0.05%

Jordan


0.05%

Ethiopia


0.05%

Finland


0.05%

China


0.04%

Jersey (Channel Islands)


0.02%

Belarus


0.02%

Serbia


0.01%

Total Investments


100.00%




Net Currency Exposure Breakdown


Portfolio %

United States Dollar


97.02%

Indonesian Rupiah


1.55%

Brazilian Real


1.10%

Chinese Yuan Renminbi


1.05%

Indian Rupee


1.00%

Argentine Peso


0.94%

Russian Rubles


0.73%

Egypt Pound


0.66%

Euro


0.66%

Polish Zloty


0.52%

Malaysian Ringgit


0.51%

Colombian Peso


0.50%

Sri Lankan Rupee


0.50%

Dominican Peso


0.46%

Swedish Krona


0.36%

New Turkish Lira


0.32%

South Korean Won


0.20%

South African Rand


0.14%

Uruguayan Peso


0.12%

Hong Kong Dollar


0.01%

Norwegian Krone


-0.11%

Swiss Franc


-0.33%

New Zealand Dollar


-0.42%

Mexican Peso


-0.58%

Canadian Dollar


-0.98%

Japanese Yen


-1.82%

Taiwan New Dollar


-2.04%

Israeli New Shekel


-2.07%

Total Net Assets


100.00%




Credit Rating


Portfolio %

AAA


7.41%

AA


0.81%

A


3.55%

BBB


16.86%

BB


32.96%

B


26.97%

CCC


7.05%

CC


0.74%

C


-0.04%

D


0.15%

Not Rated


5.73%

Short Term Investments


1.61%

Reverse Repurchase Agreements


-6.51%

N/A


2.71%

Total


100.00%




Bonds By Maturity


Portfolio %

Less than 1 year


2.28%

1 to 5 years


44.80%

5 to 10 years


36.89%

10 to 20 years


9.00%

20 to 30 years


4.64%

More Than 30 years


0.75%

Other


1.64%

Total Net Assets


100.00%




Portfolio Statistics:



Average Coupon:


7.67%

Average Bond Price:


104.24

Percentage of Leverage(based on gross assets):


Bank Borrowing:


0.00%

Investment Operations:


37.05%

Preferred stock:


0.00%

Tender Option Bonds:


0.00%

VMTP Shares:


0.00%

Total Fund Leverage:


37.05%

Average Maturity:


6.99  Years

Effective Duration:


5.00  Years

Total Net Assets:


$1,206.16 Million

Net Asset Value:


$13.99

Number of Holdings:


1402

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.

 

 

Cision View original content:http://www.prnewswire.com/news-releases/ab-global-high-income-fund-releases-monthly-portfolio-update-300603586.html

SOURCE AB Global High Income Fund, Inc.

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