AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update

 AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update

PR Newswire

NEW YORK, Feb. 24, 2014

NEW YORK, Feb. 24, 2014 /PRNewswire/ -- AllianceBernstein Global High Income
Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update
as of January 31, 2014.



AllianceBernstein Global High Income Fund, Inc.
Top 10 Fixed Income Holdings
                                                             Portfolio %
1) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/17 1.76%
2) Argentina Boden Bonds 7.00%, 10/03/15                     0.94%
3) Ivory Coast Government International Bond 5.75%, 12/31/32 0.83%
4) Dominican Republic International Bond 8.625%, 4/20/27     0.70%
5) U.S. Treasury Bonds 5.25%, 2/15/29                        0.56%
6) VTB Bank OJSC Via VTB Capital SA 6.875%, 5/29/18          0.53%
7) El Salvador Government International Bond 7.65%, 6/15/35  0.52%
8) Argentina Bonar Bonds Series X 7.00%, 4/17/17             0.51%
9) Dominican Republic International Bond 16.00%, 7/10/20     0.49%
10) South Africa Government Bond Series R207 7.25%, 1/15/20  0.40%
Investment Type
                                                             Portfolio %
Corporates - Non-Investment Grades
Industrial
Consumer Non-Cyclical                                        8.50%
Energy                                                       6.90%
Communications - Media                                       5.90%
Technology                                                   5.21%
Capital Goods                                                5.15%
Basic                                                        4.51%
Consumer Cyclical - Other                                    2.83%
Communications - Telecommunications                          2.72%
Other Industrial                                             2.38%
Services                                                     2.20%
Consumer Cyclical - Retailers                                1.98%
Consumer Cyclical - Automotive                               1.93%
Transportation - Services                                    1.32%
Consumer Cyclical - Entertainment                            0.57%
Transportation - Airlines                                    0.37%
Consumer Cyclical - Restaurants                              0.12%
SUBTOTAL                                                     52.59%
Financial Institutions
Banking                                                      2.85%
Finance                                                      1.42%
Other Finance                                                1.17%
Insurance                                                    1.07%
Brokerage                                                    0.42%
REITS                                                        0.14%
SUBTOTAL                                                     7.07%
Credit Default Swaps                                         4.28%
Utility
Electric                                                     1.69%
Natural Gas                                                  1.14%
SUBTOTAL                                                     2.83%
SUBTOTAL                                                     66.77%
Global Governments                                           17.92%
Corporates - Investment Grades
Financial Institutions
Banking                                                      1.85%
Insurance                                                    1.62%
REITS                                                        0.52%
Finance                                                      0.26%
Other Finance                                                0.04%
SUBTOTAL                                                     4.29%
Industrial
Basic                                                        1.87%
Communications - Telecommunications                          0.29%
Communications - Media                                       0.26%
Capital Goods                                                0.25%
Other Industrial                                             0.16%
Consumer Non-Cyclical                                        0.11%
Consumer Cyclical - Automotive                               0.08%
Transportation - Airlines                                    0.08%
Consumer Cyclical - Other                                    0.02%
SUBTOTAL                                                     3.12%
Credit Default Swaps                                         0.83%
Utility
Natural Gas                                                  0.25%
Electric                                                     0.06%
SUBTOTAL                                                     0.31%
Non Corporate Sectors
Agencies - Not Government Guaranteed                         0.28%
SUBTOTAL                                                     0.28%
SUBTOTAL                                                     8.83%
Collateralized Mortgage Obligations
Non-Agency Fixed Rate                                        3.85%
Non-Agency Floating Rate                                     3.08%
SUBTOTAL                                                     6.93%
Bank Loans
Industrial
Consumer Non-Cyclical                                        0.70%
Consumer Cyclical - Automotive                               0.63%
Services                                                     0.50%
Consumer Cyclical - Entertainment                            0.45%
Other Industrial                                             0.43%
Basic                                                        0.38%
Consumer Cyclical - Other                                    0.36%
Consumer Cyclical - Retailers                                0.36%
Technology                                                   0.30%
Capital Goods                                                0.21%
Communications - Media                                       0.17%
Energy                                                       0.08%
SUBTOTAL                                                     4.57%
Non Corporate Sectors
Foreign Local Government - Municipal                         0.14%
SUBTOTAL                                                     0.14%
Financial Institutions
Insurance                                                    0.04%
SUBTOTAL                                                     0.04%
SUBTOTAL                                                     4.75%
Emerging Markets - Corporate Bonds
Industrial
Consumer Non-Cyclical                                        1.03%
Communications - Telecommunications                          0.77%
Basic                                                        0.53%
Capital Goods                                                0.45%
Consumer Cyclical - Retailers                                0.26%
Consumer Cyclical - Other                                    0.25%
Transportation - Airlines                                    0.25%
Energy                                                       0.14%
Communications - Media                                       0.12%
Transportation - Services                                    0.10%
SUBTOTAL                                                     3.90%
Financial Institutions
Banking                                                      0.24%
Finance                                                      0.20%
SUBTOTAL                                                     0.44%
SUBTOTAL                                                     4.34%
Emerging Markets - Sovereigns                                4.10%
Preferred Stocks
Financial Institutions                                       1.98%
Industrial                                                   0.06%
SUBTOTAL                                                     2.04%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS                                   1.19%
Non-Agency Floating Rate CMBS                                0.11%
SUBTOTAL                                                     1.30%
Governments - Sovereign Agencies                             1.30%
Local Governments - Municipal Bonds                          1.03%
Emerging Markets - Treasuries                                1.02%
Asset-Backed Securities
Home Equity Loans - Fixed Rate                               0.66%
Home Equity Loans - Floating Rate                            0.14%
SUBTOTAL                                                     0.80%
Common Stocks                                                0.78%
Quasi-Sovereigns
Quasi-Sovereign Bonds                                        0.49%
SUBTOTAL                                                     0.49%
Whole Loan Trusts
Performing Asset                                             0.44%
SUBTOTAL                                                     0.44%
Local Governments - Regional Bonds                           0.34%
Inflation-Linked Securities                                  0.22%
Currency Instruments
Forward Currency Exchange Contracts                          0.13%
SUBTOTAL                                                     0.13%
Options Purchased - Calls
Options on Equity Indices                                    0.07%
SUBTOTAL                                                     0.07%
Options Purchased - Puts
Options on Funds and Investment Trusts                       0.03%
SUBTOTAL                                                     0.03%
Call Options Written                                         -0.02%
Interest Rate Swaps - SIFMA                                  -10.50%
Reverse Repurchase Agreements                                -11.17%
Net Cash Equivalents
Cash                                                         2.45%
Investment Companies                                         1.32%
SUBTOTAL                                                     3.77%
Derivative Offsets
Swaps Offsets                                                5.69%
Futures Offsets                                              -11.40%
SUBTOTAL                                                     -5.71%
                                                             100.00%
Country Breakdown
                                                             Portfolio %
United States                                                65.89%
United Kingdom                                               4.96%
Brazil                                                       3.63%
Russia                                                       2.02%
Luxembourg                                                   1.61%
Canada                                                       1.58%
Argentina                                                    1.39%
Dominican Republic                                           1.32%
Netherlands                                                  1.30%
Germany                                                      1.17%
France                                                       1.08%
Ireland                                                      1.00%
South Africa                                                 0.96%
Mexico                                                       0.94%
Switzerland                                                  0.87%
Ivory Coast                                                  0.76%
Italy                                                        0.64%
Bermuda                                                      0.61%
El Salvador                                                  0.59%
United Arab Emirates                                         0.57%
Colombia                                                     0.56%
Indonesia                                                    0.53%
Spain                                                        0.43%
Kazakhstan                                                   0.37%
Portugal                                                     0.35%
Chile                                                        0.33%
Barbados                                                     0.31%
Croatia                                                      0.30%
Peru                                                         0.28%
Australia                                                    0.26%
Sweden                                                       0.25%
Costa Rica                                                   0.25%
Philippines                                                  0.23%
Norway                                                       0.23%
Serbia                                                       0.22%
Uruguay                                                      0.21%
Singapore                                                    0.21%
India                                                        0.17%
Nigeria                                                      0.17%
Denmark                                                      0.17%
Bahrain                                                      0.14%
Japan                                                        0.13%
Belgium                                                      0.13%
China                                                        0.13%
Ghana                                                        0.12%
Austria                                                      0.11%
Romania                                                      0.10%
Macau                                                        0.10%
Hong Kong                                                    0.08%
Guatemala                                                    0.07%
Sri Lanka                                                    0.06%
Virgin Islands (BVI)                                         0.06%
Jamaica                                                      0.05%
Total Investments                                            100.00%
Net Currency Exposure Breakdown
                                                             Portfolio %
United States Dollar                                         95.51%
Brazilian Real                                               1.50%
Russian Rubles                                               0.61%
New Turkish Lira                                             0.51%
Indonesian Rupiah                                            0.50%
Dominican Peso                                               0.49%
Costa Rican Colon                                            0.27%
Philippine Peso                                              0.25%
Nigerian Naira                                               0.24%
Uruguayan Peso                                               0.22%
Chilean Peso                                                 0.21%
Hungarian Forint                                             0.18%
Colombian Peso                                               0.09%
Swiss Franc                                                  0.04%
Great British Pound                                          0.02%
Australian Dollar                                            -0.01%
Euro                                                         -0.15%
Peruvian Nuevo Sol                                           -0.48%
Total Net Assets                                             100.00%
Credit Rating
                                                             Portfolio %
AAA                                                          -9.48%
AA                                                           0.62%
A                                                            4.87%
BBB                                                          12.84%
BB                                                           27.04%
B                                                            35.58%
CCC                                                          16.18%
CC                                                           0.91%
D                                                            0.92%
Not Rated                                                    2.65%
Short Term Investments                                       1.32%
N/A                                                          6.55%
                                                             100.00%
Bonds By Maturity
                                                             Portfolio %
Less than 1 year                                             5.36%
1 to 5 years                                                 50.54%
5 to 10 years                                                30.12%
10 to 20 years                                               6.42%
20 to 30 years                                               4.71%
More than 30 years                                           2.07%
Other                                                        0.78%
Total Net Assets                                             100.00%
Portfolio Statistics:
Average Coupon:                                              8.05%
Average Bond Price :                                         102.85
Percentage of Leverage:
Bank Borrowing:                                              0.00%
Investment Operations:                                       15.61%*
Preferred Stock:                                             0.00%
Tender Option Bonds:                                         0.00%
Term Asset-Backed Loans Facility (TALF):                     0.00%
Total Fund Leverage:                                         15.61%
Average Maturity:                                            6.94 Years
Effective Duration:                                          4.62 Years
Total Net Assets:                                            $1,290.09 Million
Net Asset Value:                                             $14.96
Number of Holdings:                                          1119
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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