NEW YORK, May 26, 2017 /PRNewswire/ -- AB Global High Income Fund, Inc. AWF (the "Fund") today released its monthly portfolio update as of April 30, 2017.
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 |
3.74% | |
2) U.S. Treasury Notes 0.875%, 4/15/19 |
3.54% | |
3) U.S. Treasury Bonds 8.125%, 5/15/21 |
2.72% | |
4) Republic of South Africa Government Bond Series R186 10.50%, 12/21/26 |
1.16% | |
5) U.S. Treasury Notes 2.25%, 11/15/25 - 2/15/27 |
1.07% | |
6) U.S. Treasury Bonds 6.25%, 5/15/30 |
0.92% | |
7) Argentine Republic Government International Bond 6.875%, 4/22/21 - 1/26/27 |
0.76% | |
8) Mexican Bonos Series M 6.50%, 6/10/21 |
0.74% | |
9) Wachovia Mortgage Loan Trust Series Series 2006-ALT1, Class A2 1.170%, 1/25/37 |
0.72% | |
10) Argentine Bonos del Tesoro 18.20%, 10/03/21 |
0.66% | |
Investment Type |
Portfolio % | |
Corporates - Non-Investment Grade |
||
Industrial |
||
Consumer Non-Cyclical |
5.09% | |
Communications - Media |
4.31% | |
Energy |
3.49% | |
Basic |
3.10% | |
Communications - Telecommunications |
3.02% | |
Consumer Cyclical - Other |
2.89% | |
Capital Goods |
1.69% | |
Technology |
1.66% | |
Consumer Cyclical - Automotive |
1.46% | |
Services |
1.36% | |
Transportation - Services |
1.19% | |
Other Industrial |
1.18% | |
Consumer Cyclical - Retailers |
1.05% | |
Consumer Cyclical - Restaurants |
0.20% | |
Consumer Cyclical - Entertainment |
0.15% | |
Transportation - Airlines |
0.10% | |
SUBTOTAL |
31.94% | |
Financial Institutions |
||
Banking |
2.96% | |
Finance |
0.96% | |
Other Finance |
0.41% | |
Insurance |
0.37% | |
Brokerage |
0.14% | |
REITS |
0.04% | |
SUBTOTAL |
4.88% | |
Utility |
||
Electric |
1.20% | |
Natural Gas |
0.02% | |
SUBTOTAL |
1.22% | |
Credit Default Swaps |
0.63% | |
SUBTOTAL |
0.63% | |
SUBTOTAL |
38.67% | |
Global Governments |
15.01% | |
Collateralized Mortgage Obligations |
||
Risk Share Floating Rate |
9.31% | |
Non-Agency Fixed Rate |
1.88% | |
Non-Agency Floating Rate |
1.14% | |
SUBTOTAL |
12.33% | |
Corporates - Investment Grade |
||
Industrial |
||
Basic |
0.84% | |
Energy |
0.72% | |
Technology |
0.55% | |
Communications - Telecommunications |
0.48% | |
Communications - Media |
0.43% | |
Capital Goods |
0.27% | |
Consumer Cyclical - Automotive |
0.23% | |
Consumer Cyclical - Other |
0.15% | |
Transportation - Airlines |
0.08% | |
Services |
0.06% | |
Consumer Non-Cyclical |
0.03% | |
SUBTOTAL |
3.84% | |
Financial Institutions |
||
Banking |
1.35% | |
Insurance |
1.19% | |
REITS |
0.67% | |
Brokerage |
0.16% | |
Finance |
0.02% | |
SUBTOTAL |
3.39% | |
Credit Default Swaps |
0.92% | |
SUBTOTAL |
0.92% | |
Utility |
||
Electric |
0.41% | |
SUBTOTAL |
0.41% | |
SUBTOTAL |
8.56% | |
Commercial Mortgage-Backed Securities |
||
Credit Default Swaps |
3.99% | |
Non-Agency Fixed Rate CMBS |
2.63% | |
Non-Agency Floating Rate CMBS |
0.12% | |
SUBTOTAL |
6.74% | |
Emerging Markets - Sovereigns |
6.63% | |
Interest Rate Futures |
6.42% | |
Emerging Markets - Treasuries |
6.35% | |
Total Return Swaps |
4.94% | |
Emerging Markets - Corporate Bonds |
||
Industrial |
||
Energy |
0.80% | |
Communications - Telecommunications |
0.59% | |
Basic |
0.58% | |
Consumer Non-Cyclical |
0.47% | |
Capital Goods |
0.28% | |
Transportation - Airlines |
0.21% | |
Consumer Cyclical - Other |
0.21% | |
Transportation - Services |
0.14% | |
Consumer Cyclical - Entertainment |
0.12% | |
Technology |
0.05% | |
Consumer Cyclical - Retailers |
0.03% | |
Other Industrial |
0.02% | |
SUBTOTAL |
3.50% | |
Financial Institutions |
||
Banking |
0.29% | |
Insurance |
0.06% | |
Other Finance |
0.04% | |
SUBTOTAL |
0.39% | |
SUBTOTAL |
3.89% | |
Bank Loans |
||
Industrial |
||
Technology |
0.77% | |
Consumer Non-Cyclical |
0.53% | |
Consumer Cyclical - Retailers |
0.48% | |
Energy |
0.25% | |
Capital Goods |
0.25% | |
Consumer Cyclical - Other |
0.22% | |
Consumer Cyclical - Entertainment |
0.19% | |
Basic |
0.14% | |
Other Industrial |
0.12% | |
Services |
0.09% | |
Consumer Cyclical - Automotive |
0.07% | |
SUBTOTAL |
3.11% | |
Utility |
||
Electric |
0.17% | |
SUBTOTAL |
0.17% | |
Financial Institutions |
||
Insurance |
0.04% | |
SUBTOTAL |
0.04% | |
SUBTOTAL |
3.32% | |
Interest Rate Swaps |
2.53% | |
Preferred Stocks |
||
Industrial |
0.87% | |
Financial Institutions |
0.67% | |
Utility |
0.03% | |
SUBTOTAL |
1.57% | |
Common Stocks |
1.03% | |
Asset-Backed Securities |
||
Home Equity Loans - Fixed Rate |
0.49% | |
Home Equity Loans - Floating Rate |
0.21% | |
Other ABS - Fixed Rate |
0.16% | |
Autos - Fixed Rate |
0.10% | |
SUBTOTAL |
0.96% | |
Inflation-Linked Securities |
0.95% | |
Whole Loan Trusts |
||
Performing Asset |
0.63% | |
SUBTOTAL |
0.63% | |
Local Governments - US Municipal Bonds |
0.54% | |
Local Governments - Regional Bonds |
0.40% | |
Equity Futures |
||
Equity Index Futures |
0.28% | |
SUBTOTAL |
0.28% | |
Quasi-Sovereigns |
||
Quasi-Sovereign Bonds |
0.27% | |
SUBTOTAL |
0.27% | |
CLO |
||
CLO - Floating Rate |
0.16% | |
SUBTOTAL |
0.16% | |
Investment Companies |
||
Funds and Investment Trusts |
0.16% | |
SUBTOTAL |
0.16% | |
Options Purchased - Calls |
||
Options on Forward Contracts |
0.06% | |
SUBTOTAL |
0.06% | |
Warrants |
0.05% | |
Options Purchased - Puts |
||
Options on Forward Contracts |
0.02% | |
Options on Equities |
0.01% | |
SUBTOTAL |
0.03% | |
Call Options Written |
-0.03% | |
Put Options Written |
-0.10% | |
Currency Instruments |
||
Forward Currency Exchange Contracts |
-0.15% | |
SUBTOTAL |
-0.15% | |
Reverse Repurchase Agreements |
-8.05% | |
Net Cash Equivalents |
||
Investment Companies |
3.80% | |
Cash |
1.74% | |
Governments - Sovereign Bonds |
0.35% | |
Foreign Currency |
0.01% | |
SUBTOTAL |
5.90% | |
Derivative Offsets |
||
Futures Offsets |
-6.66% | |
Swaps Offsets |
-13.39% | |
SUBTOTAL |
-20.05% | |
Total |
100.00% | |
Country Breakdown |
Portfolio % | |
United States |
65.13% | |
Brazil |
5.77% | |
Argentina |
3.10% | |
United Kingdom |
2.88% | |
Mexico |
1.70% | |
Canada |
1.68% | |
Luxembourg |
1.49% | |
Turkey |
1.34% | |
Indonesia |
1.33% | |
South Africa |
1.30% | |
France |
1.21% | |
Dominican Republic |
1.20% | |
Colombia |
0.88% | |
Switzerland |
0.81% | |
Russia |
0.79% | |
Ireland |
0.77% | |
Italy |
0.72% | |
Ivory Coast |
0.59% | |
Egypt |
0.57% | |
Cayman Islands |
0.51% | |
Spain |
0.48% | |
Venezuela |
0.39% | |
Netherlands |
0.38% | |
Jamaica |
0.37% | |
Croatia |
0.34% | |
Germany |
0.32% | |
United Arab Emirates |
0.30% | |
India |
0.28% | |
Gabon |
0.24% | |
Angola |
0.20% | |
Barbados |
0.19% | |
Mongolia |
0.18% | |
Honduras |
0.18% | |
Trinidad & Tobago |
0.17% | |
Bermuda |
0.17% | |
Norway |
0.16% | |
Macau |
0.16% | |
Guatemala |
0.16% | |
Zambia |
0.15% | |
Ecuador |
0.13% | |
Pakistan |
0.12% | |
Australia |
0.12% | |
Bahamas |
0.12% | |
Cameroon |
0.11% | |
Bahrain |
0.10% | |
Sri Lanka |
0.09% | |
Nigeria |
0.09% | |
Peru |
0.07% | |
New Zealand |
0.06% | |
El Salvador |
0.06% | |
Kenya |
0.06% | |
Jordan |
0.05% | |
Lebanon |
0.05% | |
Finland |
0.04% | |
Ethiopia |
0.04% | |
Chile |
0.04% | |
Iraq |
0.02% | |
Serbia |
0.02% | |
Japan |
0.01% | |
Portugal |
0.01% | |
Total Investments |
100.00% | |
Net Currency Exposure Breakdown |
Portfolio % | |
United States Dollar |
95.70% | |
Mexican Peso |
2.60% | |
Indian Rupee |
2.07% | |
New Turkish Lira |
2.02% | |
Argentine Peso |
1.75% | |
Colombian Peso |
1.72% | |
Indonesian Rupiah |
1.45% | |
Brazilian Real |
1.16% | |
Russian Rubles |
0.77% | |
Chilean Peso |
0.48% | |
Dominican Peso |
0.46% | |
Egypt Pound |
0.35% | |
Peruvian Sol |
0.25% | |
Chinese Yuan Renminbi (Offshore) |
0.17% | |
Great British Pound |
0.10% | |
Hong Kong Dollar |
0.03% | |
Swedish Krona |
-0.05% | |
South African Rand |
-0.05% | |
South Korean Won |
-0.49% | |
Japanese Yen |
-0.50% | |
Taiwan New Dollar |
-0.50% | |
Swiss Franc |
-0.90% | |
Canadian Dollar |
-1.01% | |
Norwegian Krone |
-1.26% | |
New Zealand Dollar |
-1.42% | |
Australian Dollar |
-1.45% | |
Euro |
-1.48% | |
Chinese Yuan Renminbi |
-1.97% | |
Total Net Assets |
100.00% | |
Credit Rating |
Portfolio % | |
AAA |
11.57% | |
AA |
0.69% | |
A |
2.82% | |
BBB |
15.46% | |
BB |
30.00% | |
B |
24.51% | |
CCC |
7.58% | |
CC |
0.87% | |
C |
0.04% | |
D |
0.48% | |
Not Rated |
7.19% | |
Short Term Investments |
4.16% | |
Reverse Repurchase Agreements |
-8.05% | |
N/A |
2.68% | |
Total |
100.00% | |
Bonds By Maturity |
Portfolio % | |
Less than 1 year |
6.26% | |
1 to 5 years |
37.56% | |
5 to 10 years |
39.53% | |
10 to 20 years |
8.58% | |
20 to 30 years |
5.46% | |
More Than 30 years |
1.53% | |
Other |
1.08% | |
Total Net Assets |
100.00% | |
Portfolio Statistics: |
||
Average Coupon: |
7.10% | |
Average Bond Price: |
103.34 | |
Percentage of Leverage(based on gross assets): |
||
Bank Borrowing: |
0.00% | |
Investment Operations: |
43.77% | |
Preferred stock: |
0.00% | |
Tender Option Bonds: |
0.00% | |
VMTP Shares: |
0.00% | |
Total Fund Leverage: |
43.77% | |
Average Maturity: |
7.59 Years | |
Effective Duration: |
4.89 Years | |
Total Net Assets: |
$1,206.87 Million | |
Net Asset Value: |
$14.00 | |
Number of Holdings: |
1176 | |
Portfolio Turnover: |
42% |
* 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.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ab-global-high-income-fund-releases-monthly-portfolio-update-300464715.html
SOURCE AB Global High Income Fund, Inc.
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