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AB Global High Income Fund, Inc.
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Top 10 Fixed-Income Holdings
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Portfolio %
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1) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/21
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2.44%
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2) U.S. Treasury Notes 2.25%, 2/15/27
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2.38%
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3) Indonesia Treasury Bond Series FR77 8.125%, 5/15/24
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1.90%
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4) U.S. Treasury Notes 2.875%, 8/15/28
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1.67%
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5) U.S. Treasury Bonds 6.25%, 5/15/30
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0.72%
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6) Indonesia Treasury Bond Series FR78 8.25%, 5/15/29
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0.66%
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7) U.S. Treasury Bonds 5.25%, 2/15/29
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0.60%
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8) Colombian TES Series B 10.00%, 7/24/24
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0.60%
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9) Dominican Republic International Bond 8.625%, 4/20/27
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0.60%
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10) Ukraine Government International Bond 7.75%, 9/01/21 - 9/01/24
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0.57%
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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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4.34%
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Communications - Media
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3.25%
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Communications - Telecommunications
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3.08%
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Consumer Non-Cyclical
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2.91%
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Basic
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2.50%
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Consumer Cyclical - Other
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1.89%
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Consumer Cyclical - Automotive
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1.78%
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Capital Goods
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1.52%
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Services
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1.46%
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Technology
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1.11%
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Consumer Cyclical - Retailers
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0.86%
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Transportation - Services
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0.76%
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Other Industrial
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0.41%
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Consumer Cyclical - Entertainment
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0.23%
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Consumer Cyclical - Restaurants
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0.18%
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SUBTOTAL
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26.28%
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Credit Default Swaps
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17.49%
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SUBTOTAL
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17.49%
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Financial Institutions
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Banking
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3.27%
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Finance
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1.29%
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REITS
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0.65%
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Insurance
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0.58%
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Other Finance
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0.49%
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Brokerage
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0.14%
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SUBTOTAL
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6.42%
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Utility
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Electric
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0.86%
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SUBTOTAL
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0.86%
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SUBTOTAL
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51.05%
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Global Governments
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11.62%
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Collateralized Mortgage Obligations
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Risk Share Floating Rate
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7.53%
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Non-Agency Fixed Rate
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0.79%
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Non-Agency Floating Rate
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0.72%
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Agency Fixed Rate
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0.62%
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SUBTOTAL
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9.66%
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Emerging Markets - Sovereigns
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Credit Default Swaps
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1.29%
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Corporates - Investment Grade
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Financial Institutions
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Banking
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2.72%
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Insurance
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1.91%
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REITS
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0.43%
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SUBTOTAL
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5.06%
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Industrial
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Consumer Cyclical - Other
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0.70%
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Technology
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0.66%
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Energy
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0.47%
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Basic
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0.47%
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Consumer Non-Cyclical
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0.42%
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Communications - Telecommunications
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0.36%
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Capital Goods
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0.19%
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Consumer Cyclical - Automotive
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0.18%
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Other Industrial
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0.15%
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Consumer Cyclical - Entertainment
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0.13%
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Communications - Media
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0.11%
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Services
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0.07%
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Transportation - Airlines
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0.01%
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SUBTOTAL
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3.92%
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SUBTOTAL
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8.98%
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Commercial Mortgage-Backed Securities
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Credit Default Swaps
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6.02%
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Non-Agency Fixed Rate CMBS
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1.86%
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Non-Agency Floating Rate CMBS
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0.19%
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SUBTOTAL
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8.07%
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Total Return Swaps
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4.78%
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Interest Rate Futures
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4.21%
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Bank Loans
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Industrial
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Consumer Non-Cyclical
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1.30%
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Capital Goods
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0.53%
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Technology
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0.49%
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Services
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0.45%
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Energy
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0.38%
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Consumer Cyclical - Other
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0.22%
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Consumer Cyclical - Retailers
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0.19%
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Communications - Telecommunications
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0.11%
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Other Industrial
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0.10%
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Consumer Cyclical - Entertainment
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0.08%
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Consumer Cyclical - Restaurants
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0.07%
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Communications - Media
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0.05%
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Basic
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0.03%
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Consumer Cyclical - Automotive
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0.03%
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SUBTOTAL
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4.03%
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Financial Institutions
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Finance
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0.10%
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SUBTOTAL
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0.10%
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SUBTOTAL
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4.13%
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Emerging Markets - Corporate Bonds
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Industrial
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Consumer Non-Cyclical
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0.86%
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Basic
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0.80%
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Energy
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0.51%
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Communications - Telecommunications
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0.30%
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Consumer Cyclical - Other
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0.27%
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Other Industrial
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0.09%
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Capital Goods
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0.09%
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Consumer Cyclical - Retailers
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0.05%
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Transportation - Services
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0.04%
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Transportation - Airlines
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0.02%
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SUBTOTAL
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3.03%
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Financial Institutions
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Banking
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0.46%
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REITS
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0.23%
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Finance
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0.05%
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Insurance
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0.01%
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SUBTOTAL
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0.75%
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Utility
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Electric
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0.29%
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SUBTOTAL
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0.29%
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SUBTOTAL
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4.07%
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Emerging Markets - Treasuries
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2.50%
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Common Stocks
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1.75%
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Asset-Backed Securities
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Other ABS - Fixed Rate
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0.75%
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Home Equity Loans - Fixed Rate
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0.33%
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Autos - Fixed Rate
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0.19%
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Home Equity Loans - Floating Rate
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0.01%
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SUBTOTAL
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1.28%
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Investment Companies
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Funds and Investment Trusts
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0.49%
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SUBTOTAL
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0.49%
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Local Governments - US Municipal Bonds
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0.48%
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Quasi-Sovereigns
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Quasi-Sovereign Bonds
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0.32%
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SUBTOTAL
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0.32%
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Preferred Stocks
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Financial Institutions
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0.29%
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Utility
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0.02%
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SUBTOTAL
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0.31%
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Inflation-Linked Securities
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0.27%
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Local Governments - Regional Bonds
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0.12%
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Collateralized Loan Obligations
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CLO - Floating Rate
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0.09%
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SUBTOTAL
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0.09%
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Warrants
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0.02%
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Whole Loan Trusts
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Performing Asset
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0.02%
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SUBTOTAL
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0.02%
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Put Options Written
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-0.02%
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Currency Instruments
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Forward Currency Exchange Contracts
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-0.38%
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SUBTOTAL
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-0.38%
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Reverse Repurchase Agreements
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-0.52%
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Net Cash Equivalents
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Investment Companies
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7.19%
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U.S. Treasury Bills
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2.62%
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Governments - Treasuries
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0.58%
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Cash
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0.35%
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SUBTOTAL
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10.74%
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Derivative Offsets
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Futures Offsets
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-4.07%
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Swaps Offsets
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-29.62%
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SUBTOTAL
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-33.69%
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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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66.00%
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Brazil
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4.03%
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Indonesia
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3.00%
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United Kingdom
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1.90%
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Luxembourg
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1.52%
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France
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1.43%
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Canada
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1.35%
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Netherlands
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1.23%
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Egypt
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1.06%
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Turkey
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0.99%
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Colombia
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0.97%
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Spain
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0.94%
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Italy
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0.94%
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Dominican Republic
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0.87%
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Argentina
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0.87%
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Switzerland
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0.86%
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Russia
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0.74%
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Ireland
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0.73%
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Ukraine
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0.57%
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Nigeria
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0.53%
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Mexico
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0.51%
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Kenya
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0.47%
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Ivory Coast
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0.43%
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India
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0.42%
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Sri Lanka
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0.41%
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Oman
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0.41%
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Zambia
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0.37%
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Bahrain
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0.34%
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Finland
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0.33%
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Angola
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0.32%
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United Arab Emirates
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0.31%
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Germany
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0.31%
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Mongolia
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0.29%
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China
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0.28%
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Sweden
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0.27%
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Gabon
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0.27%
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Honduras
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0.27%
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Lebanon
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0.26%
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Bermuda
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0.25%
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Jamaica
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0.25%
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Denmark
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0.25%
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Senegal
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0.24%
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Ecuador
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0.21%
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Norway
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0.20%
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Malaysia
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0.20%
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Macau
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0.15%
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Togo
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0.15%
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Venezuela
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0.15%
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Cayman Islands
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0.14%
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El Salvador
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0.13%
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Cameroon
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0.12%
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South Africa
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0.11%
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Ghana
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0.09%
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Peru
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0.09%
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Trinidad & Tobago
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0.09%
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Virgin Islands (BVI)
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0.08%
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Hong Kong
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0.07%
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Kazakhstan
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0.06%
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Iraq
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0.06%
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Jordan
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0.06%
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Jersey (Channel Islands)
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0.02%
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Chile
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0.02%
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Australia
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0.01%
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Total Investments
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100.00%
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Net Currency Exposure Breakdown
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Portfolio %
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United States Dollar
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98.10%
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South Korean Won
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1.54%
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Polish Zloty
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1.51%
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Russian Rubles
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1.49%
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Indonesian Rupiah
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0.55%
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Australian Dollar
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0.51%
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Egypt Pound
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0.49%
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Brazilian Real
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0.41%
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Malaysian Ringgit
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0.20%
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Argentine Peso
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0.13%
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Nigerian Naira
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0.08%
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Canadian Dollar
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0.03%
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Mexican Peso
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0.02%
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Great British Pound
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0.01%
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Indian Rupee
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0.01%
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Taiwan New Dollar
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0.01%
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South African Rand
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0.01%
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Swiss Franc
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-0.01%
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Colombian Peso
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-0.01%
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Israeli New Shekel
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-0.99%
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Singapore Dollar
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-1.50%
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Euro
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-2.59%
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Total Net Assets
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100.00%
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Credit Rating
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Portfolio %
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AAA
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6.46%
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AA
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0.88%
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A
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2.26%
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BBB
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16.04%
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BB
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26.20%
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B
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23.64%
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CCC
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4.99%
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CC
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0.35%
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C
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0.18%
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D
|
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0.02%
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Not Rated
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5.46%
|
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Short Term Investments
|
|
10.39%
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Reverse Repurchase Agreements
|
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-0.52%
|
|
N/A
|
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3.65%
|
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Total
|
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100.00%
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Bonds By Maturity
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Portfolio %
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Less than 1 year
|
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16.52%
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1 to 5 years
|
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43.46%
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5 to 10 years
|
|
30.03%
|
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10 to 20 years
|
|
5.42%
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20 to 30 years
|
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2.40%
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More Than 30 years
|
|
0.40%
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Other
|
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1.77%
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Total Net Assets
|
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100.00%
|
|
|
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Portfolio Statistics:
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|
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Average Coupon:
|
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7.21%
|
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Average Bond Price:
|
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102.22
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Percentage of Leverage(based on gross assets):
|
|
|
Bank Borrowing:
|
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0.00%
|
|
Investment Operations:
|
|
42.23%
|
|
Preferred stock:
|
|
0.00%
|
|
Tender Option Bonds:
|
|
0.00%
|
|
VMTP Shares:
|
|
0.00%
|
|
Total Fund Leverage:
|
|
42.23%
|
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Average Maturity:
|
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5.32 Years
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Effective Duration:
|
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3.81 Years
|
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Total Net Assets:
|
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$1,135.78 Million
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Net Asset Value:
|
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$13.17
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Number of Holdings:
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1215
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Portfolio Turnover:
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40%
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* 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.
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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.
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