Welcome!

News Feed Item

AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Dec. 24, 2012 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of November 30, 2012.

AllianceBernstein Global High Income Fund, Inc.


Top 10 Fixed Income Holdings



Portfolio %

1) U.S. Treasury Bonds 3.125%, 2/15/42

1.82%

2) Russian Agricultural Bank OJSC Via RSHB Capital SA 7.75%, 5/29/18

0.93%

3) Republic of Brazil 12.50%, 1/05/22

0.87%

4) Argentina Bonos 7.00%, 10/03/15

0.81%

5) Ivory Coast Government International Bond 3.75%, 12/31/32

0.76%

6) Dominican Republic International Bond 8.625%, 4/20/27

0.68%

7) Turkey Government Bond 9.00%, 1/27/16

0.63%

8) El Salvador Government International Bond 7.65%, 6/15/35

0.52%

9) South Africa Government Bond Series R207 7.25%, 1/15/20

0.48%

10) Argentina Bonos Series X 7.00%, 4/17/17

0.47%



Fixed Income Holdings by Security Type


Portfolio %

Corporates - Non-Investment Grades


     Industrial


          Consumer Non-Cyclical

6.81%

          Capital Goods

5.72%

          Energy

4.60%

          Communications - Media

4.50%

          Basic

4.07%

          Technology

3.67%

          Consumer Cyclical - Other

3.49%

          Communications - Telecommunications

3.38%

          Consumer Cyclical - Automotive

1.67%

          Services

1.66%

          Other Industrial

1.55%

          Consumer Cyclical - Retailers

1.41%

          Transportation - Services

0.95%

          Consumer Cyclical - Entertainment

0.68%

          Transportation - Airlines

0.44%

          Consumer Cyclical - Restaurants

0.25%

          Transportation - Railroads

0.03%

     SUBTOTAL

44.88%

     Financial Institutions


          Banking

1.77%

          Finance

1.11%

          Other Finance

0.88%

          Insurance

0.59%

          Brokerage

0.36%

     SUBTOTAL

4.71%

     Utility

          Electric

1.82%

          Natural Gas

0.99%

     SUBTOTAL

2.81%

SUBTOTAL

52.40%

Governments - Treasuries

     Treasuries

8.14%

SUBTOTAL

8.14%

Corporates - Investment Grades


     Financial Institutions


          Insurance

2.28%

          Banking

1.68%

          REITS

0.48%

          Finance

0.39%

          Other Finance

0.21%

          Brokerage

0.09%

     SUBTOTAL

5.13%

     Industrial

          Basic                                        

1.13%

          Energy                                      

0.36%

          Consumer Cyclical - Other          

0.29%

          Other Industrial                 

0.18%

          Communications - Telecommunications    

0.17%

          Capital Goods                   

0.10%

          Consumer Cyclical - Retailers       

0.08%

          Transportation - Airlines              

0.07%

     SUBTOTAL                              

2.38%

     Non Corporate Sectors

          Agencies - Not Government Guaranteed       

0.39%

     SUBTOTAL                                   

0.39%

     Utility

          Electric                      

0.15%

     SUBTOTAL                        

0.15%

SUBTOTAL                              

8.05%

Emerging Markets - Sovereigns              

4.56%

Collateralized Mortgage Obligations

     Non-Agency Fixed Rate                          

2.44%

     Non-Agency Floating Rate                      

1.75%

SUBTOTAL                                           

4.19%

Emerging Markets - Corporate Bonds


     Industrial


          Basic                                   

1.16%

          Consumer Cyclical - Other      

0.57%

          Communications - Media        

0.52%

          Consumer Non-Cyclical          

0.41%

          Other Industrial                      

0.33%

          Capital Goods                        

0.29%

          Technology                             

0.23%

          Communications - Telecommunications      

0.21%

          Transportation - Services       

0.13%

          Energy                               

0.09%

          Consumer Cyclical - Retailers          

0.08%

     SUBTOTAL                                    

4.02%

     Financial Institutions


          Other Finance                       

0.14%

          Banking                                

0.03%

     SUBTOTAL                              

0.17%

SUBTOTAL                                

4.19%

Commercial Mortgage-Backed Securities

     Non-Agency Fixed Rate CMBS              

2.85%

     Non-Agency Floating Rate CMBS           

0.22%

SUBTOTAL                                         

3.07%

Bank Loans


     Industrial

          Technology           

0.47%

          Consumer Non-Cyclical          

0.33%

          Basic                                    

0.32%

          Consumer Cyclical - Other      

0.27%

          Consumer Cyclical - Automotive         

0.24%

          Communications - Media                   

0.19%

          Consumer Cyclical - Retailers             

0.15%

          Other Industrial                               

0.11%

          Capital Goods                                  

0.09%

          Consumer Cyclical - Entertainment  

0.09%

          Energy                     

0.07%

          Services                    

0.01%

     SUBTOTAL                      

2.34%

     Financial Institutions

          REITS                                

0.30%

     SUBTOTAL                         

0.30%

     Non Corporate Sectors

          Foreign Local Government - Municipal

0.08%

     SUBTOTAL                                       

0.08%

     Utility

          Other Utility                                     

0.08%

     SUBTOTAL                                       

0.08%

SUBTOTAL                                        

2.80%

Quasi-Sovereigns

     Quasi-Sovereign Bonds                        

2.31%

SUBTOTAL                                          

2.31%

Emerging Markets - Treasuries               

1.90%

Asset-Backed Securities

     Home Equity Loans - Fixed Rate             

0.75%

     Home Equity Loans - Floating Rate          

0.40%

SUBTOTAL                                             

1.15%

Preferred Stocks

     Financial Institutions                                 

1.05%

     Non Corporate Sectors                               

0.01%

SUBTOTAL                                                

1.06%

Local Governments - Municipal Bonds           

0.95%

Governments - Sovereign Agencies                

0.90%

Supranationals                                            

0.58%

Local Governments - Regional Bonds             

0.55%

Governments - Sovereign Bonds                     

0.45%

Inflation-Linked Securities                               

0.44%

Common Stocks                                             

0.19%

Options Purchased - Puts

     Options on Funds and Investment Trusts            

0.10%

SUBTOTAL                                                   

0.10%

Short-Term Investments

     Investment Companies                                   

1.88%

     Governments - Sovereign Bonds                       

0.14%

Total Fixed Income                                      

100.00%





Country Breakdown


Portfolio %

United States                        

65.26%

Brazil                                     

3.56%

Russia                                    

3.51%

United Kingdom                        

3.17%

Argentina                                  

1.45%

Luxembourg                               

1.42%

Canada                                       

1.29%

Dominican Republic                      

1.15%

Netherlands                                   

1.08%

Germany                  

1.00%

South Africa               

0.96%

Turkey                        

0.90%

Indonesia                     

0.78%

El Salvador                    

0.77%

Cote D'Ivoire                    

0.76%

Switzerland                      

0.76%

Mexico                             

0.76%

Hungary                             

0.67%

Ireland                                 

0.63%

Italy                                      

0.61%

Peru       

0.58%

Supranational   

0.58%

Ukraine             

0.58%

United Arab Emirates 

0.51%

Colombia                    

0.48%

France                         

0.48%

Portugal  

0.48%

Spain             

0.48%

Kazakhstan     

0.46%

Croatia             

0.45%

Uruguay       

0.44%

Australia       

0.35%

Chile              

0.33%

Japan              

0.32%

Barbados          

0.31%

India                  

0.31%

Philippines          

0.28%

Serbia                  

0.25%

Ghana                     

0.23%

China                       

0.21%

Norway                      

0.21%

Sweden                      

0.18%

Hong Kong                   

0.18%

Trinidad & Tobago          

0.15%

Nigeria                           

0.14%

Singapore                        

0.12%

Czech Republic                 

0.11%

Bermuda                            

0.09%

Denmark                       

0.08%

Austria                           

0.08%

Virgin Islands (BVI)           

0.06%

Total Investments               

100.00%





Net Currency Exposure Breakdown


Portfolio %

United States Dollar     

99.26%

Mexican Peso              

2.00%

New Turkish Lira            

1.03%

Brazilian Real                 

0.66%

Dominican Peso              

0.52%

Russian Rubles                

0.49%

Uruguayan Peso                

0.49%

Philippine Peso                   

0.31%

Colombian Peso                   

0.23%

Chilean Peso                         

0.23%

Nigerian Naira                         

0.15%

Hungarian Forint                       

0.11%

Indonesian Rupiah                     

0.08%

Australian Dollar                         

0.04%

South African Rand                      

-0.01%

Great British Pound                       

-0.03%

Canadian Dollar    

-1.09%

Japanese Yen       

-1.88%

Euro                      

-2.59%

Total Investments     

100.00%





Credit Quality Breakdown


Portfolio %

          AAA 

5.57%

          AA       

0.30%

          A          

6.64%

          BBB       

15.73%

          BB            

23.40%

          B               

30.57%

          CCC            

12.13%

          CC               

0.35%

          C                  

0.03%

          D                   

0.76%

          Not Rated                            

2.49%

          Short Term Investments         

2.03%

          Total Investments                   

100.00%


Portfolio Statistics:

     Average Coupon:                       

8.63%

     Average Bond Price :                  

N/A

     Percentage of Leverage:

          Bank Borrowing:                          

0.00%

          Investment Operations:                  

11.46%*

          Preferred Stock:                             

0.00%

          Tender Option Bonds:                      

0.00%

          Term Asset-Backed Loans Facility (TALF): 

0.00%

          Total Fund Leverage:        

11.46%

     Average Maturity:              

7.41 Years

     Effective Duration:              

4.88 Years

     Total Net Assets:                

$1,333.09 Million

     Net Asset Value:                  

$15.52

     Number of Holdings:               

937

     Portfolio Turnover:                    

26%

* 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.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
In his session at @ThingsExpo, Arvind Radhakrishnen discussed how IoT offers new business models in banking and financial services organizations with the capability to revolutionize products, payments, channels, business processes and asset management built on strong architectural foundation. The following topics were covered: How IoT stands to impact various business parameters including customer experience, cost and risk management within BFS organizations.
In his session at 20th Cloud Expo, Scott Davis, CTO of Embotics, discussed how automation can provide the dynamic management required to cost-effectively deliver microservices and container solutions at scale. He also discussed how flexible automation is the key to effectively bridging and seamlessly coordinating both IT and developer needs for component orchestration across disparate clouds – an increasingly important requirement at today’s multi-cloud enterprise.
Here are the Top 20 Twitter Influencers of the month as determined by the Kcore algorithm, in a range of current topics of interest from #IoT to #DeepLearning. To run a real-time search of a given term in our website and see the current top influencers, click on the topic name. Among the top 20 IoT influencers, ThingsEXPO ranked #14 and CloudEXPO ranked #17.
While the focus and objectives of IoT initiatives are many and diverse, they all share a few common attributes, and one of those is the network. Commonly, that network includes the Internet, over which there isn't any real control for performance and availability. Or is there? The current state of the art for Big Data analytics, as applied to network telemetry, offers new opportunities for improving and assuring operational integrity. In his session at @ThingsExpo, Jim Frey, Vice President of S...
Given the popularity of the containers, further investment in the telco/cable industry is needed to transition existing VM-based solutions to containerized cloud native deployments. The networking architecture of the solution isolates the network traffic into different network planes (e.g., management, control, and media). This naturally makes support for multiple interfaces in container orchestration engines an indispensable requirement.
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, provided a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services with...
Containers are rapidly finding their way into enterprise data centers, but change is difficult. How do enterprises transform their architecture with technologies like containers without losing the reliable components of their current solutions? In his session at @DevOpsSummit at 21st Cloud Expo, Tony Campbell, Director, Educational Services at CoreOS, will explore the challenges organizations are facing today as they move to containers and go over how Kubernetes applications can deploy with lega...
In their session at @DevOpsSummit at 21st Cloud Expo, Michael Berman, VP Engineering at TidalScale, and Ivo Jimenez, Engineer at TidalScale, will describe how automating tests in TidalScale is easy thanks to WaveRunner. They will show how they use WaveRunner, Jenkins, and Docker to have agile delivery of TidalScale. Michael Berman is VP Engineering at TidalScale. TidalScale is developing a scale up compute and resource architecture for customers to perform big data exploration and real time anal...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
Learn how to solve the problem of keeping files in sync between multiple Docker containers. In his session at 16th Cloud Expo, Aaron Brongersma, Senior Infrastructure Engineer at Modulus, discussed using rsync, GlusterFS, EBS and Bit Torrent Sync. He broke down the tools that are needed to help create a seamless user experience. In the end, can we have an environment where we can easily move Docker containers, servers, and volumes without impacting our applications? He shared his results so yo...
"This week we're really focusing on scalability, asset preservation and how do you back up to the cloud and in the cloud with object storage, which is really a new way of attacking dealing with your file, your blocked data, where you put it and how you access it," stated Jeff Greenwald, Senior Director of Market Development at HGST, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...