Alliancebernstein Global High Income Fund Releases Monthly Portfolio Update

 Alliancebernstein Global High Income Fund Releases Monthly Portfolio Update

PR Newswire

NEW YORK, Dec. 26, 2013

NEW YORK, Dec. 26, 2013 /PRNewswire/ -- AllianceBernstein GlobalHigh Income
Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio
update as of November 30, 2013.



AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed Income Holdings
                                                             Portfolio %
1) U.S. Treasury Bonds 3.625%, 8/15/43                       1.30%
2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/17 1.11%
3) Argentina Boden Bonds 7.00%, 10/03/15                     1.04%
4) Russian Agricultural Bank OJSC Via RSHB Capital SA 7.75%, 0.98%
5/29/18
5) Ivory Coast Government International Bond 5.75%, 12/31/32 0.83%
6) Dominican Republic International Bond 8.625%, 4/20/27     0.68%
7) Argentina Bonar Bonds Series X 7.00%, 4/17/17             0.61%
8) U.S. Treasury Bonds 5.25%, 2/15/29                        0.53%
9) El Salvador Government International Bond 7.65%, 6/15/35  0.53%
10) VTB Bank OJSC Via VTB Capital SA 6.875%, 5/29/18         0.52%
Investment Type
                                                             Portfolio %
Corporates - Non-Investment Grades
Industrial
Consumer Non-Cyclical                                        8.51%
Energy                                                       7.04%
Communications - Media                                       5.68%
Capital Goods                                                5.56%
Technology                                                   5.19%
Basic                                                        4.82%
Communications - Telecommunications                          2.88%
Consumer Cyclical - Other                                    2.88%
Consumer Cyclical - Automotive                               2.31%
Other Industrial                                             2.30%
Services                                                     2.13%
Consumer Cyclical - Retailers                                2.01%
Transportation - Services                                    1.30%
Consumer Cyclical - Entertainment                            0.56%
Transportation - Airlines                                    0.35%
Consumer Cyclical - Restaurants                              0.11%
SUBTOTAL                                                     53.63%
Financial Institutions
Banking                                                      2.07%
Other Finance                                                1.67%
Finance                                                      1.40%
Insurance                                                    1.04%
Brokerage                                                    0.41%
REITS                                                        0.13%
SUBTOTAL                                                     6.72%
Credit Default Swaps                                         5.03%
Utility
Electric                                                     2.02%
Natural Gas                                                  1.11%
SUBTOTAL                                                     3.13%
SUBTOTAL                                                     68.51%
Governments - Treasuries
Treasury Futures                                             35.88%
Treasuries                                                   6.16%
SUBTOTAL                                                     42.04%
Corporates - Investment Grades
Financial Institutions
Insurance                                                    1.60%
Banking                                                      1.55%
REITS                                                        0.50%
Finance                                                      0.32%
Other Finance                                                0.21%
SUBTOTAL                                                     4.18%
Industrial
Basic                                                        1.77%
Communications - Telecommunications                          0.28%
Communications - Media                                       0.26%
Capital Goods                                                0.24%
Other Industrial                                             0.16%
Transportation - Services                                    0.12%
Consumer Non-Cyclical                                        0.11%
Transportation - Airlines                                    0.07%
Consumer Cyclical - Other                                    0.02%
SUBTOTAL                                                     3.03%
Credit Default Swaps                                         0.74%
Utility
Natural Gas                                                  0.24%
Electric                                                     0.06%
SUBTOTAL                                                     0.30%
Non Corporate Sectors
Agencies - Not Government Guaranteed                         0.28%
SUBTOTAL                                                     0.28%
SUBTOTAL                                                     8.53%
Collateralized Mortgage Obligations
Non-Agency Fixed Rate                                        3.53%
Non-Agency Floating Rate                                     2.73%
SUBTOTAL                                                     6.26%
Bank Loans
Industrial
Consumer Non-Cyclical                                        0.69%
Consumer Cyclical - Automotive                               0.61%
Services                                                     0.49%
Consumer Cyclical - Entertainment                            0.43%
Other Industrial                                             0.42%
Consumer Cyclical - Other                                    0.38%
Basic                                                        0.37%
Consumer Cyclical - Retailers                                0.35%
Technology                                                   0.29%
Capital Goods                                                0.20%
Communications - Media                                       0.17%
Energy                                                       0.08%
SUBTOTAL                                                     4.48%
Non Corporate Sectors
Foreign Local Government - Municipal                         0.14%
SUBTOTAL                                                     0.14%
Financial Institutions
Insurance                                                    0.04%
SUBTOTAL                                                     0.04%
SUBTOTAL                                                     4.66%
Emerging Markets - Sovereigns                                4.24%
Emerging Markets - Corporate Bonds
Industrial
Consumer Non-Cyclical                                        0.89%
Communications - Telecommunications                          0.69%
Capital Goods                                                0.53%
Basic                                                        0.40%
Consumer Cyclical - Retailers                                0.37%
Transportation - Airlines                                    0.25%
Consumer Cyclical - Other                                    0.24%
Energy                                                       0.13%
Communications - Media                                       0.11%
Transportation - Services                                    0.10%
SUBTOTAL                                                     3.71%
Financial Institutions
Banking                                                      0.23%
Finance                                                      0.20%
SUBTOTAL                                                     0.43%
SUBTOTAL                                                     4.14%
Preferred Stocks
Financial Institutions                                       1.99%
Industrial                                                   0.02%
SUBTOTAL                                                     2.01%
Quasi-Sovereigns
Quasi-Sovereign Bonds                                        1.68%
SUBTOTAL                                                     1.68%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS                                   0.92%
Non-Agency Floating Rate CMBS                                0.34%
SUBTOTAL                                                     1.26%
Governments - Sovereign Agencies                             1.23%
Emerging Markets - Treasuries                                1.02%
Local Governments - Municipal Bonds                          0.97%
Governments - Sovereign Bonds                                0.86%
Asset-Backed Securities
Home Equity Loans - Fixed Rate                               0.64%
Home Equity Loans - Floating Rate                            0.13%
SUBTOTAL                                                     0.77%
Local Governments - Regional Bonds                           0.38%
Inflation-Linked Securities                                  0.24%
Common Stocks
Common Stocks
Common Stocks                                                0.15%
SUBTOTAL                                                     0.15%
SUBTOTAL                                                     0.15%
Currency Instruments
Forward Currency Exchange Contracts                          0.06%
SUBTOTAL                                                     0.06%
Options Purchased - Puts
Options on Funds and Investment Trusts                       0.01%
SUBTOTAL                                                     0.01%
Reverse Repurchase Agreements                                -10.32%
Interest Rate Swaps - SIFMA                                  -41.09%
Net Cash Equivalents
Cash                                                         1.89%
Investment Companies                                         0.61%
Governments - Treasuries                                     0.05%
SUBTOTAL                                                     2.55%
Derivative Offsets
Swaps Offsets                                                35.70%
Futures Offsets                                              -35.86%
SUBTOTAL                                                     -0.16%
                                                             100.00%
Country at Risk Breakdown
                                                             Portfolio %
United States                                                74.49%
Russia                                                       3.62%
United Kingdom                                               2.75%
Brazil                                                       2.16%
Luxembourg                                                   2.02%
Netherlands                                                  1.85%
Argentina                                                    1.72%
Germany                                                      1.53%
Dominican Republic                                           1.41%
Canada                                                       1.34%
France                                                       0.94%
Ivory Coast                                                  0.83%
Ireland                                                      0.83%
Switzerland                                                  0.80%
Mexico                                                       0.79%
El Salvador                                                  0.65%
South Africa                                                 0.65%
Bermuda                                                      0.65%
United Arab Emirates                                         0.59%
Spain                                                        0.45%
Kazakhstan                                                   0.40%
Croatia                                                      0.40%
Colombia                                                     0.37%
Portugal                                                     0.36%
Chile                                                        0.36%
Italy                                                        0.36%
Barbados                                                     0.34%
Costa Rica                                                   0.27%
Philippines                                                  0.26%
Sweden                                                       0.25%
Uruguay                                                      0.24%
Nigeria                                                      0.24%
Norway                                                       0.24%
Serbia                                                       0.23%
Singapore                                                    0.23%
India                                                        0.18%
Hungary                                                      0.18%
Ghana                                                        0.14%
Bahrain                                                      0.14%
China                                                        0.14%
Belgium                                                      0.14%
Japan                                                        0.13%
Austria                                                      0.11%
Macau                                                        0.10%
Denmark                                                      0.09%
Hong Kong                                                    0.08%
Virgin Islands (BVI)                                         0.06%
Jamaica                                                      0.05%
Greece                                                       0.04%
Australia                                                    0.04%
Indonesia                                                    0.04%
Euro Zone                                                    -6.28%
Total Net Assets                                             100.00%
Net Currency Exposure Breakdown
                                                             Portfolio %
United States Dollar                                         97.33%
Russian Rubles                                               0.77%
Dominican Peso                                               0.48%
Brazilian Real                                               0.28%
Costa Rican Colon                                            0.27%
Philippine Peso                                              0.26%
Nigerian Naira                                               0.24%
Uruguayan Peso                                               0.24%
Chilean Peso                                                 0.21%
Hungarian Forint                                             0.18%
Colombian Peso                                               0.14%
Euro                                                         0.07%
Swiss Franc                                                  0.04%
Great British Pound                                          0.01%
Mexican Peso                                                 0.01%
Australian Dollar                                            -0.01%
Canadian Dollar                                              -0.01%
Indonesian Rupiah                                            -0.04%
Peruvian Nuevo Sol                                           -0.47%
Total Net Assets                                             100.00%
Credit Rating
                                                             Portfolio %
AAA                                                          -6.41%
AA                                                           0.61%
A                                                            4.40%
BBB                                                          13.81%
BB                                                           26.74%
B                                                            36.88%
CCC                                                          15.11%
CC                                                           0.85%
D                                                            0.88%
Not Rated                                                    2.42%
Short Term Investments                                       0.66%
N/A                                                          4.05%
                                                             100.00%
Bonds By Maturity
                                                             Portfolio %
Less than 1 year                                             4.63%
1 to 5 years                                                 51.06%
5 to 10 years                                                30.27%
10 to 20 years                                               6.29%
20 to 30 years                                               6.06%
More than 30 years                                           1.54%
Other                                                        0.15%
Total Net Assets                                             100.00%
Portfolio Statistics:
Average Coupon:                                              7.89%
Average Bond Price :                                         103.31
Percentage of Leverage:
Bank Borrowing:                                              0.00%
Investment Operations:                                       16.53%*
Preferred Stock:                                             0.00%
Tender Option Bonds:                                         0.00%
Term Asset-Backed Loans Facility (TALF):                     0.00%
Total Fund Leverage:                                         16.53%
Average Maturity:                                            7.03 Years
Effective Duration:                                          4.64 Years
Total Net Assets:                                            $1,327.17 Million
Net Asset Value:                                             $15.39
Number of Holdings:                                          1135
Portfolio Turnover:                                          38%

* 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.







SOURCE AllianceBernstein Global High Income Fund, Inc.

Contact: Shareholder Contact: 1-800-221-5672
 
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