AB Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Jan. 25, 2021 /PRNewswire/ -- AB Global High Income Fund, Inc.AWF (the "Fund") today released its monthly portfolio update as of December 31,2020.

AB Global High Income Fund, Inc.

Top 10 Fixed-Income Holdings



Portfolio %

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



2.31%

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

1.83%

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



1.45%

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

0.87%

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

0.65%

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



0.58%

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 



0.40%

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

0.39%







Investment Type



Portfolio %

Corporates - Non-Investment Grade





Industrial





Energy



4.77%

Communications - Media



3.59%

Consumer Non-Cyclical



3.54%

Basic



2.64%

Consumer Cyclical - Automotive



2.62%

Capital Goods



2.50%

Consumer Cyclical - Other



2.48%

Services



2.30%

Technology



2.17%

Communications - Telecommunications



2.01%

Consumer Cyclical - Retailers



1.79%

Consumer Cyclical - Entertainment



1.75%

Transportation - Services



0.47%

Other Industrial



0.33%

Consumer Cyclical - Restaurants



0.29%

Transportation - Airlines



0.19%

SUBTOTAL



33.44%

Credit Default Swaps



26.60%

SUBTOTAL



26.60%

Financial Institutions





Banking



2.30%

Finance



0.97%

Insurance



0.90%

REITS



0.86%

Brokerage



0.47%

Other Finance



0.44%

SUBTOTAL



5.94%

Utility





Electric



0.60%

SUBTOTAL



0.60%

SUBTOTAL



66.58%

Corporates - Investment Grade





Financial Institutions





Banking



4.65%

Insurance



1.90%

Finance



0.74%

REITS



0.42%

Other Finance



0.02%

SUBTOTAL



7.73%

Industrial





Energy



0.96%

Consumer Cyclical - Other



0.91%

Basic



0.83%

Transportation - Airlines



0.56%

Consumer Cyclical - Automotive



0.40%

Consumer Non-Cyclical



0.39%

Technology



0.28%

Capital Goods



0.19%

Other Industrial



0.19%

Services



0.12%

Communications - Media



0.07%

Consumer Cyclical - Retailers



0.05%

SUBTOTAL



4.95%

SUBTOTAL



12.68%

Emerging Markets - Sovereigns





Emerging Markets - Sovereigns



10.91%

Credit Default Swaps



0.46%

SUBTOTAL



11.37%

Collateralized Mortgage Obligations





Risk Share Floating Rate



7.87%

Non-Agency Fixed Rate



0.59%

Non-Agency Floating Rate



0.49%

Agency Fixed Rate



0.45%

SUBTOTAL



9.40%

Global Governments



6.51%

Commercial Mortgage-Backed Securities





Credit Default Swaps



4.82%

Non-Agency Fixed Rate CMBS



1.20%

Non-Agency Floating Rate CMBS



0.09%

SUBTOTAL



6.11%

Interest Rate Futures



5.29%

Bank Loans





Industrial





Consumer Non-Cyclical



1.10%

Technology



0.73%

Services



0.57%

Capital Goods



0.53%

Consumer Cyclical - Other



0.47%

Communications - Media



0.31%

Communications - Telecommunications



0.29%

Other Industrial



0.25%

Consumer Cyclical - Retailers



0.16%

Consumer Cyclical - Restaurants



0.11%

Consumer Cyclical - Entertainment



0.08%

Consumer Cyclical - Automotive



0.07%

Basic



0.05%

Energy



0.05%

Transportation - Airlines



0.02%

SUBTOTAL



4.79%

Utility





Electric



0.18%

SUBTOTAL



0.18%

Financial Institutions





Insurance



0.12%

SUBTOTAL



0.12%

SUBTOTAL



5.09%

Emerging Markets - Corporate Bonds





Industrial





Basic



1.67%

Energy



0.79%

Consumer Cyclical - Other



0.54%

Consumer Non-Cyclical



0.43%

Capital Goods



0.24%

Communications - Telecommunications



0.23%

Communications - Media



0.08%

Transportation - Services



0.04%

SUBTOTAL



4.02%

Utility





Electric



0.38%

SUBTOTAL



0.38%

Financial Institutions





Insurance



0.07%

Banking



0.05%

Finance



0.02%

SUBTOTAL



0.14%

SUBTOTAL



4.54%

Emerging Markets - Treasuries



1.83%

Common Stocks



1.45%

Collateralized Loan Obligations





CLO - Floating Rate



1.43%

SUBTOTAL



1.43%

Quasi-Sovereigns





Quasi-Sovereign Bonds



1.39%

SUBTOTAL



1.39%

Total Return Swaps



0.98%

Asset-Backed Securities





Other ABS - Fixed Rate



0.44%

Autos - Fixed Rate



0.27%

Home Equity Loans - Fixed Rate



0.25%

Home Equity Loans - Floating Rate



0.01%

SUBTOTAL



0.97%

Investment Companies





Funds and Investment Trusts



0.51%

SUBTOTAL



0.51%

Preferred Stocks





Financial Institutions



0.23%

Industrial



0.10%

SUBTOTAL



0.33%

Local Governments - US Municipal Bonds



0.32%

Inflation-Linked Securities



0.26%

Warrants



0.04%

Reverse Repurchase Agreements



-0.06%

Equity Futures





Equity Index Futures



-0.10%

SUBTOTAL



-0.10%

Currency Instruments





Forward Currency Exchange Contracts



-0.24%

SUBTOTAL



-0.24%

Net Cash Equivalents





Investment Companies



0.66%

Cash



0.36%

Governments - Treasuries



0.33%

Foreign Currency



-0.02%

SUBTOTAL



1.33%

Derivative Offsets





Futures Offsets



-5.24%

Swaps Offsets



-32.77%

SUBTOTAL



-38.01%

Total



100.00%







Country Breakdown



Portfolio %

United States



64.50%

Brazil



4.49%

United Kingdom



2.63%

Canada



1.86%

Mexico



1.81%

Egypt



1.39%

Colombia



1.15%

France



1.07%

Luxembourg



1.06%

Dominican Republic



1.04%

Cayman Islands



0.98%

Italy



0.97%

Argentina



0.92%

Netherlands



0.88%

Switzerland



0.86%

Nigeria



0.85%

Ukraine



0.82%

Bahrain



0.74%

Russia



0.67%

Ivory Coast



0.64%

Spain



0.60%

Zambia



0.53%

Kenya



0.49%

Ireland



0.49%

Oman



0.45%

Gabon



0.45%

South Africa



0.43%

Senegal



0.42%

Angola



0.41%

Bermuda



0.41%

Finland



0.39%

Ghana



0.39%

Sweden



0.37%

Macau



0.31%

El Salvador



0.30%

Costa Rica



0.28%

Jersey (Channel Islands)



0.27%

Ecuador



0.27%

Denmark



0.26%

Honduras



0.25%

Indonesia



0.25%

Peru



0.25%

Germany



0.25%

Hong Kong



0.23%

Israel



0.22%

India



0.20%

Turkey



0.18%

Chile



0.18%

Mongolia



0.16%

Jamaica



0.14%

Australia



0.13%

Japan



0.11%

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%

China



0.03%

Lebanon



0.03%

Sri Lanka



0.02%

Pakistan



0.02%

Belgium



0.02%

Norway



0.01%

Total Investments



100.00%







Net Currency Exposure Breakdown



Portfolio %

United States Dollar



98.34%

South African Rand



0.49%

Brazilian Real



0.42%

Egypt Pound



0.41%

Indonesian Rupiah



0.25%

Euro



0.11%

Great British Pound



0.05%

Canadian Dollar



0.03%

Argentine Peso



0.02%

Nigerian Naira



0.02%

Indian Rupee



0.01%

Mexican Peso



0.01%

Malaysian Ringgit



0.01%

Norwegian Krone



0.01%

Taiwan New Dollar



0.01%

Swiss Franc



-0.01%

Chilean Peso



-0.01%

Russian Rubles



-0.06%

Colombian Peso



-0.11%

Total Net Assets



100.00%







Credit Rating



Portfolio %

AAA



5.48%

AA



0.91%

A



0.83%

BBB



19.02%

BB



28.95%

B



25.39%

CCC



9.16%

CC



0.47%

C



0.11%

D



0.62%

Not Rated



5.49%

Short Term Investments



0.99%

Reverse Repurchase Agreements



-0.06%

N/A



2.64%

Total



100.00%







Bonds By Maturity



Portfolio %

Less than 1 year



6.70%

1 to 5 years



59.21%

5 to 10 years



21.49%

10 to 20 years



6.69%

20 to 30 years



3.95%

More Than 30 years



0.47%

Other



1.49%

Total Net Assets



100.00%







Portfolio Statistics:





Average Coupon:



7.58%

Average Bond Price:



105.48

Percentage of Leverage(based on gross assets):



Bank Borrowing:



0.00%

Investment Operations:



40.58%

Preferred stock:



0.00%

Tender Option Bonds:



0.00%

VMTP Shares:



0.00%

Total Fund Leverage:



40.58%

Average Maturity:



5.45  Years

Effective Duration:



4.30  Years

Total Net Assets:



$1,120.52 Million

Net Asset Value:



$12.99

Number of Holdings:



1718

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-301214443.html

SOURCE AllianceBernstein Global High Income Fund, Inc.

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