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AllianceBernstein
Global High Income Fund, Inc.
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Top 10 Fixed-Income
Holdings
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Portfolio
%
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1) U.S. Treasury Notes
2.25%, 02/15/27
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1.06 %
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2) NFE Financing LLC
12.00%, 11/15/29
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0.83 %
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3) CCO Holdings 4.50%,
08/15/30 - 06/01/33
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0.78 %
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4) CCO Holdings 4.75%,
02/01/32
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0.63 %
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5) Dominican Republic
Intl Bond 8.625%, 04/20/27
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0.60 %
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6) Royal Caribbean
Cruises 5.50%, 08/31/26 - 04/01/28
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0.53 %
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7) AMMC CLO 25 Ltd.
11.406%, 04/15/35
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0.51 %
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8) Altice France SA
5.125%, 01/15/29 - 07/15/29
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0.49 %
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9) Palmer Square CLO
Ltd. 11.068%, 01/15/35
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0.42 %
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10) EchoStar Corp.
10.75%, 11/30/29
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0.42 %
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Investment
Type
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Portfolio
%
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Corporates -
Non-Investment Grade
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Industrial
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Energy
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7.46 %
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Consumer
Non-Cyclical
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7.05 %
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Communications -
Media
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6.94 %
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Capital
Goods
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4.21 %
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Basic
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3.92 %
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Communications -
Telecommunications
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3.80 %
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Consumer Cyclical -
Other
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3.71 %
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Consumer Cyclical -
Retailers
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3.19 %
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Services
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2.79 %
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Consumer Cyclical -
Automotive
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2.20 %
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Technology
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1.97 %
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Consumer Cyclical -
Entertainment
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1.68 %
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Transportation -
Services
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1.36 %
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Transportation -
Airlines
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0.74 %
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Consumer Cyclical -
Restaurants
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0.52 %
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Other
Industrial
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0.41 %
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Transportation -
Railroads
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0.05 %
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SUBTOTAL
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52.00 %
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Credit Default
Swaps
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14.35 %
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Financial
Institutions
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Finance
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2.17 %
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REITs
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1.40 %
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Brokerage
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1.17 %
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Insurance
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0.88 %
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Other
Finance
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0.53 %
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Banking
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0.51 %
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SUBTOTAL
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6.66 %
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Utility
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Electric
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1.35 %
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Natural Gas
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0.06 %
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SUBTOTAL
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1.41 %
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SUBTOTAL
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74.42 %
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Corporates - Investment
Grade
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Industrial
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Communications -
Media
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1.23 %
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Energy
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1.11 %
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Consumer Cyclical -
Automotive
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0.91 %
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Consumer Cyclical -
Other
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0.73 %
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Basic
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0.66 %
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Consumer
Non-Cyclical
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0.62 %
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Capital
Goods
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0.43 %
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Transportation -
Airlines
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0.39 %
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Consumer Cyclical -
Entertainment
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0.31 %
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Transportation -
Services
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0.21 %
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Consumer Cyclical -
Retailers
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0.20 %
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Other
Industrial
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0.05 %
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Technology
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0.03 %
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Transportation -
Railroads
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0.03 %
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Services
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0.02 %
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SUBTOTAL
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6.93 %
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Financial
Institutions
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Banking
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4.14 %
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Insurance
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0.79 %
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Finance
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0.64 %
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REITs
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0.37 %
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Brokerage
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0.13 %
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SUBTOTAL
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6.07 %
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Utility
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Electric
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1.36 %
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Other
Utility
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0.05 %
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SUBTOTAL
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1.41 %
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SUBTOTAL
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14.41 %
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Emerging Markets -
Corporate Bonds
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Industrial
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Basic
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1.88 %
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Energy
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1.23 %
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Consumer Cyclical -
Other
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0.97 %
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Consumer
Non-Cyclical
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0.76 %
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Capital
Goods
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0.29 %
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Communications -
Telecommunications
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0.15 %
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Consumer Cyclical -
Retailers
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0.14 %
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Transportation -
Services
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0.07 %
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Communications -
Media
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0.06 %
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Other
Industrial
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0.03 %
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SUBTOTAL
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5.58 %
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Utility
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Electric
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0.42 %
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Other
Utility
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0.07 %
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SUBTOTAL
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0.49 %
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Financial
Institutions
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Banking
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0.12 %
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Other
Finance
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0.02 %
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SUBTOTAL
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0.14 %
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SUBTOTAL
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6.21 %
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Bank Loans
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Industrial
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Consumer
Non-Cyclical
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0.98 %
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Technology
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0.95 %
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Communications -
Media
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0.67 %
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Communications -
Telecommunications
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0.51 %
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Transportation -
Airlines
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0.23 %
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Capital
Goods
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0.20 %
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Other
Industrial
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0.20 %
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Transportation -
Services
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0.17 %
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Energy
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0.15 %
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Consumer Cyclical -
Retailers
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0.05 %
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Consumer Cyclical -
Restaurants
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0.02 %
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SUBTOTAL
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4.13 %
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Financial
Institutions
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Insurance
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0.38 %
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Brokerage
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0.16 %
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Finance
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0.02 %
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SUBTOTAL
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0.56 %
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SUBTOTAL
|
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4.69 %
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Interest Rate
Futures
|
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3.24 %
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Collateralized Mortgage
Obligations
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Risk Share Floating
Rate
|
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1.55 %
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Non-Agency Fixed
Rate
|
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0.31 %
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Non-Agency Floating
Rate
|
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0.28 %
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Agency Fixed
Rate
|
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0.21 %
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SUBTOTAL
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2.35 %
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Emerging Markets -
Sovereigns
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2.32 %
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Collateralized Loan
Obligations
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CLO - Floating
Rate
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2.28 %
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SUBTOTAL
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2.28 %
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U.S. Govt & Agency
Securities
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1.62 %
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Quasi-Sovereigns
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Quasi-Sovereign
Bonds
|
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1.20 %
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SUBTOTAL
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1.20 %
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Local Governments - US
Municipal Bonds
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0.39 %
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Commercial
Mortgage-Backed Securities
|
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Non-Agency Fixed Rate
CMBS
|
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0.35 %
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SUBTOTAL
|
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0.35 %
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Asset-Backed
Securities
|
|
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Other ABS - Floating
Rate
|
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0.21 %
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Autos - Fixed
Rate
|
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0.08 %
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SUBTOTAL
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0.29 %
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Emerging Markets -
Treasuries
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0.23 %
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Inflation-Linked
Securities
|
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0.22 %
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Common
Stocks
|
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0.19 %
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Preferred
Stocks
|
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Industrials
|
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0.09 %
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SUBTOTAL
|
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0.09 %
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Forward Currency
Exchange Contracts
|
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Currency
Instruments
|
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0.08 %
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SUBTOTAL
|
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0.08 %
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Reverse Repurchase
Agreements
|
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-0.28 %
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EM Government
Agencies
|
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-0.89 %
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Cash & Cash
Equivalents
|
|
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Cash
|
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1.69 %
|
|
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Funds and Investment
Trusts
|
|
1.14 %
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Corporates -
Non-Investment Grade
|
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0.05 %
|
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SUBTOTAL
|
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2.88 %
|
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Derivative
Offsets
|
|
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Futures
Offsets
|
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-3.23 %
|
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Swap Offsets
|
|
-13.06 %
|
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SUBTOTAL
|
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-16.29 %
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TOTAL
|
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100.00 %
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Country
Breakdown
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Portfolio
%
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United
States
|
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68.04 %
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United
Kingdom
|
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3.37 %
|
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Canada
|
|
2.43 %
|
|
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France
|
|
2.31 %
|
|
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Brazil
|
|
1.48 %
|
|
|
Colombia
|
|
1.38 %
|
|
|
Germany
|
|
1.37 %
|
|
|
Mexico
|
|
1.35 %
|
|
|
Spain
|
|
1.22 %
|
|
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Italy
|
|
1.18 %
|
|
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India
|
|
1.04 %
|
|
|
Luxembourg
|
|
0.97 %
|
|
|
Dominican
Republic
|
|
0.85 %
|
|
|
South Africa
|
|
0.85 %
|
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Israel
|
|
0.81 %
|
|
|
Chile
|
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0.78 %
|
|
|
Australia
|
|
0.69 %
|
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|
China
|
|
0.61 %
|
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Peru
|
|
0.58 %
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Nigeria
|
|
0.57 %
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|
Netherlands
|
|
0.56 %
|
|
|
Hong Kong
|
|
0.53 %
|
|
|
Macau
|
|
0.52 %
|
|
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Puerto Rico
|
|
0.44 %
|
|
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Kazakhstan
|
|
0.36 %
|
|
|
Turkey
|
|
0.36 %
|
|
|
Indonesia
|
|
0.34 %
|
|
|
Angola
|
|
0.32 %
|
|
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Finland
|
|
0.32 %
|
|
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Switzerland
|
|
0.31 %
|
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|
Ireland
|
|
0.30 %
|
|
|
Jersey (Channel
Islands)
|
|
0.29 %
|
|
|
Egypt
|
|
0.24 %
|
|
|
Norway
|
|
0.21 %
|
|
|
Slovenia
|
|
0.20 %
|
|
|
Panama
|
|
0.19 %
|
|
|
Romania
|
|
0.18 %
|
|
|
Zambia
|
|
0.17 %
|
|
|
El Salvador
|
|
0.16 %
|
|
|
Azerbaijan
|
|
0.11 %
|
|
|
Guatemala
|
|
0.11 %
|
|
|
Ukraine
|
|
0.11 %
|
|
|
Ecuador
|
|
0.08 %
|
|
|
Malaysia
|
|
0.08 %
|
|
|
Cayman
Islands
|
|
0.07 %
|
|
|
Japan
|
|
0.07 %
|
|
|
Argentina
|
|
0.05 %
|
|
|
Jamaica
|
|
0.05 %
|
|
|
Austria
|
|
0.04 %
|
|
|
Czech
Republic
|
|
0.04 %
|
|
|
Kuwait
|
|
0.04 %
|
|
|
Morocco
|
|
0.04 %
|
|
|
Serbia
|
|
0.03 %
|
|
|
Uzbekistan
|
|
0.03 %
|
|
|
Trinidad and
Tobago
|
|
0.02 %
|
|
|
Cash & Cash
Equivalents
|
|
1.15 %
|
|
|
Total
Investments
|
|
100.00 %
|
|
|
|
|
|
|
Net Currency
Exposure Breakdown
|
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Portfolio
%
|
|
|
US Dollar
|
|
100.18 %
|
|
|
Canadian
Dollar
|
|
0.18 %
|
|
|
Pound
Sterling
|
|
0.11 %
|
|
|
Dominican
Peso
|
|
0.07 %
|
|
|
Norwegian
Krone
|
|
0.02 %
|
|
|
Brazilian
Real
|
|
0.01 %
|
|
|
Indonesian
Rupiah
|
|
0.01 %
|
|
|
Swedish
Krona
|
|
0.01 %
|
|
|
South African
Rand
|
|
0.01 %
|
|
|
Czech Koruna
|
|
-0.01 %
|
|
|
South Korean
Won
|
|
-0.01 %
|
|
|
Colombian
Peso
|
|
-0.11 %
|
|
|
Euro
|
|
-0.47 %
|
|
|
Total Net
Assets
|
|
100.00 %
|
|
|
|
|
|
|
Credit
Rating
|
|
Portfolio
%
|
|
|
AAA
|
|
1.13 %
|
|
|
AA
|
|
0.20 %
|
|
|
A
|
|
1.24 %
|
|
|
BBB
|
|
15.57 %
|
|
|
BB
|
|
44.23 %
|
|
|
B
|
|
23.14 %
|
|
|
CCC
|
|
8.34 %
|
|
|
CC
|
|
0.20 %
|
|
|
C
|
|
0.03 %
|
|
|
Not Rated
|
|
2.53 %
|
|
|
Short Term
Investments
|
|
1.19 %
|
|
|
Reverse Repurchase
Agreements
|
|
-0.29 %
|
|
|
N/A
|
|
2.49 %
|
|
|
Total
|
|
100.00 %
|
|
|
|
|
|
|
Bonds by
Maturity
|
|
Portfolio
%
|
|
|
Less than 1
Year
|
|
7.81 %
|
|
|
1 To 5 Years
|
|
65.75 %
|
|
|
5 To 10
Years
|
|
21.73 %
|
|
|
10 To 20
Years
|
|
2.77 %
|
|
|
20 To 30
Years
|
|
0.96 %
|
|
|
More than 30
Years
|
|
0.79 %
|
|
|
Other
|
|
0.19 %
|
|
|
Total Net
Assets
|
|
100.00 %
|
|
|
|
|
|
|
Portfolio
Statistics:
|
|
|
|
|
Average
Coupon:
|
|
7.36 %
|
|
|
Average Bond
Price:
|
|
95.99
|
|
|
Percentage of
Leverage(based on gross assets):
|
|
|
|
|
Bank
Borrowing:
|
|
0.00 %
|
|
|
Investment
Operations:*
|
|
14.18 %
|
|
|
Preferred
Stock:
|
|
0.00 %
|
|
|
Tender Option
Bonds:
|
|
0.00 %
|
|
|
VMTP Shares:
|
|
0.00 %
|
|
|
VRDP Shares:
|
|
0.00 %
|
|
|
Total Fund
Leverage:
|
|
14.18 %
|
|
|
Average
Maturity:
|
|
4.51
Years
|
|
|
Effective
Duration:
|
|
3.05
Years
|
|
|
Total Net
Assets:
|
|
$978.32
Million
|
|
|
Net Asset
Value:
|
|
$11.35
|
|
|
Total Number of
Holdings:
|
|
1,218
|
|
|
Portfolio
Turnover:
|
|
45.00 %
|
|
|
|
|
|
|
* 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.
|
|
