AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Dec. 28, 2020 /PRNewswire/ -- AB Global High Income Fund, Inc.AWF (the "Fund") today released its monthly portfolio update as of November 30,2020.

AB Global High Income Fund, Inc.

















Top 10 Fixed-Income Holdings



Portfolio %

1) U.S. Treasury Notes  2.25%, 2/15/27 



2.35%

2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/23 

1.79%

3) U.S. Treasury Notes  2.875%, 8/15/28 



1.48%

4) Argentine Republic Government International Bond  0.125%, 7/09/30 - 7/09/41 

0.86%

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

0.63%

6) Colombian TES Series B 10.00%, 7/24/24 



0.56%

7) Nigeria Government International Bond  7.625%, 11/21/25 - 11/28/47 

0.53%

8) Ukraine Government International Bond  7.75%, 9/01/22 - 9/01/24 

0.50%

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



0.42%

10) First Quantum Minerals Ltd.  7.25%, 4/01/23 



0.39%







Investment Type



Portfolio %

Corporates - Non-Investment Grade





Industrial





Energy



3.57%

Communications - Media



3.32%

Consumer Non-Cyclical



2.87%

Consumer Cyclical - Other



2.77%

Basic



2.57%

Capital Goods



2.50%

Consumer Cyclical - Automotive



2.46%

Services



2.32%

Communications - Telecommunications



2.02%

Technology



1.70%

Consumer Cyclical - Retailers



1.68%

Consumer Cyclical - Entertainment



1.57%

Transportation - Services



0.54%

Other Industrial



0.35%

Consumer Cyclical - Restaurants



0.32%

Transportation - Airlines



0.17%

SUBTOTAL



30.73%

Credit Default Swaps



28.90%

SUBTOTAL



28.90%

Financial Institutions





Banking



2.35%

Finance



0.90%

REITS



0.77%

Insurance



0.77%

Brokerage



0.48%

Other Finance



0.44%

SUBTOTAL



5.71%

Utility





Electric



0.55%

SUBTOTAL



0.55%

SUBTOTAL



65.89%

Corporates - Investment Grade





Financial Institutions





Banking



5.28%

Insurance



1.97%

Finance



0.98%

REITS



0.44%

Brokerage



0.13%

Other Finance



0.02%

SUBTOTAL



8.82%

Industrial





Energy



1.45%

Basic



0.96%

Consumer Cyclical - Other



0.92%

Consumer Cyclical - Automotive



0.74%

Technology



0.72%

Transportation - Airlines



0.49%

Consumer Non-Cyclical



0.40%

Communications - Telecommunications



0.27%

Capital Goods



0.19%

Other Industrial



0.16%

Services



0.12%

Communications - Media



0.12%

SUBTOTAL



6.54%

Utility





Electric



0.06%

SUBTOTAL



0.06%

SUBTOTAL



15.42%

Emerging Markets - Sovereigns





Emerging Markets - Sovereigns



10.96%

Credit Default Swaps



0.47%

SUBTOTAL



11.43%

Collateralized Mortgage Obligations





Risk Share Floating Rate



7.99%

Non-Agency Fixed Rate



0.62%

Non-Agency Floating Rate



0.52%

Agency Fixed Rate



0.47%

SUBTOTAL



9.60%

Global Governments



6.60%

Commercial Mortgage-Backed Securities





Credit Default Swaps



4.72%

Non-Agency Fixed Rate CMBS



1.20%

Non-Agency Floating Rate CMBS



0.08%

SUBTOTAL



6.00%

Interest Rate Futures



5.89%

Bank Loans





Industrial





Consumer Non-Cyclical



0.87%

Technology



0.74%

Capital Goods



0.54%

Services



0.52%

Consumer Cyclical - Other



0.51%

Communications - Media



0.31%

Consumer Cyclical - Retailers



0.16%

Other Industrial



0.13%

Energy



0.12%

Consumer Cyclical - Restaurants



0.11%

Communications - Telecommunications



0.10%

Consumer Cyclical - Entertainment



0.08%

Consumer Cyclical - Automotive



0.08%

Basic



0.05%

Transportation - Airlines



0.02%

SUBTOTAL



4.34%

Utility





Electric



0.18%

SUBTOTAL



0.18%

Financial Institutions





Insurance



0.13%

SUBTOTAL



0.13%

SUBTOTAL



4.65%

Emerging Markets - Corporate Bonds





Industrial





Basic



1.52%

Energy



0.70%

Consumer Cyclical - Other



0.47%

Consumer Non-Cyclical



0.43%

Capital Goods



0.24%

Communications - Telecommunications



0.23%

Communications - Media



0.08%

Transportation - Services



0.04%

SUBTOTAL



3.71%

Utility





Electric



0.39%

SUBTOTAL



0.39%

Financial Institutions





Insurance



0.07%

Banking



0.05%

SUBTOTAL



0.12%

SUBTOTAL



4.22%

Emerging Markets - Treasuries



1.79%

Collateralized Loan Obligations





CLO - Floating Rate



1.42%

SUBTOTAL



1.42%

Total Return Swaps



1.42%

Quasi-Sovereigns





Quasi-Sovereign Bonds



1.33%

SUBTOTAL



1.33%

Common Stocks



1.30%

Asset-Backed Securities





Other ABS - Fixed Rate



0.47%

Autos - Fixed Rate



0.27%

Home Equity Loans - Fixed Rate



0.26%

Home Equity Loans - Floating Rate



0.01%

SUBTOTAL



1.01%

Investment Companies





Funds and Investment Trusts



0.51%

SUBTOTAL



0.51%

Local Governments - US Municipal Bonds



0.32%

Preferred Stocks





Financial Institutions



0.22%

Industrial



0.10%

SUBTOTAL



0.32%

Inflation-Linked Securities



0.25%

Warrants



0.03%

Reverse Repurchase Agreements



-0.05%

Currency Instruments





Forward Currency Exchange Contracts



-0.31%

SUBTOTAL



-0.31%

Net Cash Equivalents





Investment Companies



1.36%

Cash



0.78%

Foreign Currency



-0.02%

SUBTOTAL



2.12%

Derivative Offsets





Futures Offsets



-5.89%

Swaps Offsets



-35.27%

SUBTOTAL



-41.16%

Total



100.00%







Country Breakdown



Portfolio %

United States



65.05%

Brazil



4.53%

United Kingdom



2.68%

Mexico



1.76%

Canada



1.72%

Colombia



1.13%

France



1.11%

Egypt



1.06%

Dominican Republic



1.02%

Cayman Islands



0.97%

Netherlands



0.92%

Italy



0.91%

Argentina



0.91%

Switzerland



0.88%

Nigeria



0.85%

Luxembourg



0.84%

Ukraine



0.82%

Ivory Coast



0.76%

Bahrain



0.75%

Russia



0.67%

Spain



0.65%

South Africa



0.57%

Ireland



0.55%

Zambia



0.54%

Kenya



0.50%

Oman



0.46%

Gabon



0.44%

Senegal



0.42%

Bermuda



0.41%

Angola



0.39%

Finland



0.38%

Ghana



0.38%

Sweden



0.35%

Germany



0.30%

El Salvador



0.29%

Honduras



0.28%

Macau



0.28%

Ecuador



0.27%

Denmark



0.27%

Costa Rica



0.27%

Indonesia



0.26%

Israel



0.22%

Hong Kong



0.19%

Turkey



0.19%

Chile



0.18%

Mongolia



0.17%

Norway



0.16%

Peru



0.16%

Australia



0.14%

Jamaica



0.14%

Japan



0.11%

Jersey (Channel Islands)



0.11%

China



0.08%

Kazakhstan



0.07%

Venezuela



0.07%

Guatemala



0.06%

Jordan



0.06%

United Arab Emirates



0.06%

Iraq



0.06%

Morocco



0.05%

Kuwait



0.04%

Lebanon



0.03%

Sri Lanka



0.03%

Pakistan



0.02%

Total Investments



100.00%







Net Currency Exposure Breakdown



Portfolio %

United States Dollar



100.14%

Russian Rubles



0.49%

Egypt Pound



0.26%

Indonesian Rupiah



0.19%

Great British Pound



0.04%

Nigerian Naira



0.04%

Argentine Peso



0.01%

Malaysian Ringgit



0.01%

Norwegian Krone



0.01%

Taiwan New Dollar



0.01%

Swiss Franc



-0.01%

Chinese Yuan Renminbi (Offshore)



-0.01%

South African Rand



-0.01%

Brazilian Real



-0.06%

Colombian Peso



-0.06%

Euro



-1.05%

Total Net Assets



100.00%







Credit Rating



Portfolio %

AAA



5.40%

AA



0.95%

A



1.30%

BBB



21.57%

BB



27.17%

B



24.11%

CCC



8.41%

CC



0.54%

C



0.11%

D



0.58%

Not Rated



5.56%

Short Term Investments



1.36%

Reverse Repurchase Agreements



-0.05%

N/A



2.99%

Total



100.00%







Bonds By Maturity



Portfolio %

Less than 1 year



6.97%

1 to 5 years



58.50%

5 to 10 years



22.19%

10 to 20 years



6.67%

20 to 30 years



4.03%

More Than 30 years



0.31%

Other



1.33%

Total Net Assets



100.00%







Portfolio Statistics:





Average Coupon:



7.60%

Average Bond Price:



104.56

Percentage of Leverage(based on gross assets):





Bank Borrowing:



0.00%

Investment Operations:



43.27%

Preferred stock:



0.00%

Tender Option Bonds:



0.00%

VMTP Shares:



0.00%

Total Fund Leverage:



43.27%

Average Maturity:



5.50  Years

Effective Duration:



4.35  Years

Total Net Assets:



$1,098.26 Million

Net Asset Value:



$12.74

Number of Holdings:



1510

Portfolio Turnover:



32%







* 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-301198775.html

SOURCE AB Global High Income Fund, Inc.

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