AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update
NEW YORK, May 29, 2012 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of April 30, 2012.
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AllianceBernstein Global High Income Fund, Inc. |
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Top 10 Fixed Income Holdings |
Portfolio % | |
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1) U.S. Treasury Bonds 3.125%, 2/15/42 |
3.50% | |
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2) Russian Agricultural Bank OJSC Via RSHB Capital |
0.94% | |
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SA 7.75%, 5/29/18 |
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3) Argentina Bonos 7.00%, 10/03/15 |
0.91% | |
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4) Republic of Brazil 12.50%, 1/05/22 |
0.91% | |
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5) Gazprom OAO Via Gaz Capital SA 6.51%, 3/07/22 |
0.89% | |
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6) Ivory Coast Government International Bond |
0.79% | |
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2.45%, 12/31/32 |
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7) Dominican Republic International Bond 8.625%, |
0.64% | |
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4/20/27 |
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8) Gazprom OAO Via Gaz Capital SA 9.25%, 4/23/19 |
0.57% | |
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9) Morgan Stanley Capital I Series 2006-IQ12, |
0.56% | |
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Class AM 5.37%, 12/15/43 |
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10) South Africa Government Bond Series R207 7.25%, |
0.55% | |
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1/15/20 |
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Fixed Income Holdings by Security Type |
Portfolio % |
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Corporates - Non-Investment Grades | |
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Industrial | |
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Consumer Non-Cyclical |
6.51% |
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Capital Goods |
5.85% |
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Energy |
5.25% |
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Communications - Media |
4.39% |
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Consumer Cyclical - Other |
4.21% |
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Technology |
3.76% |
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Basic |
3.32% |
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Communications - Telecommunications |
3.21% |
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Consumer Cyclical - Automotive |
2.02% |
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Services |
1.55% |
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Consumer Cyclical - Retailers |
1.40% |
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Other Industrial |
1.35% |
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Transportation - Services |
0.80% |
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Consumer Cyclical - Entertainment |
0.71% |
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Transportation - Airlines |
0.54% |
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Consumer Cyclical - Restaurants |
0.26% |
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Transportation - Railroads |
0.03% |
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SUBTOTAL |
45.16% |
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Financial Institutions | |
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Banking |
1.02% |
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Finance |
0.88% |
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Insurance |
0.58% |
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Other Finance |
0.54% |
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Brokerage |
0.39% |
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REITS |
0.15% |
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SUBTOTAL |
3.56% |
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Utility | |
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Electric |
1.78% |
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Natural Gas |
0.98% |
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SUBTOTAL |
2.76% |
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SUBTOTAL |
51.48% |
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Corporates - Investment Grades | |
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Financial Institutions | |
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Insurance |
2.25% |
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Banking |
1.98% |
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Other Finance |
0.45% |
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REITS |
0.32% |
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Finance |
0.17% |
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Brokerage |
0.09% |
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SUBTOTAL |
5.26% |
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Industrial | |
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Basic |
1.46% |
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Energy |
0.34% |
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Other Industrial |
0.28% |
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Communications - Telecommunications |
0.18% |
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Consumer Cyclical - Other |
0.16% |
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Capital Goods |
0.10% |
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Consumer Cyclical - Retailers |
0.09% |
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Transportation - Airlines |
0.07% |
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SUBTOTAL |
2.68% |
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Non Corporate Sectors | |
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Agencies - Not Government Guaranteed |
1.94% |
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SUBTOTAL |
1.94% |
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Utility | |
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Electric |
0.25% |
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SUBTOTAL |
0.25% |
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SUBTOTAL |
10.13% |
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Governments - Treasuries | |
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Treasuries |
6.23% |
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SUBTOTAL |
6.23% |
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Emerging Markets - Sovereigns |
4.15% |
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Commercial Mortgage-Backed Securities | |
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Non-Agency Fixed Rate CMBS |
2.82% |
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Non-Agency Floating Rate CMBS |
1.02% |
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SUBTOTAL |
3.84% |
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Emerging Markets - Corporate Bonds | |
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Basic |
1.29% |
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Communications - Media |
0.53% |
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Consumer Cyclical - Other |
0.50% |
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Other Industrial |
0.35% |
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Consumer Non-Cyclical |
0.25% |
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Technology |
0.13% |
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Transportation - Services |
0.13% |
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Communications - Telecommunications |
0.12% |
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Energy |
0.10% |
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Consumer Cyclical - Retailers |
0.08% |
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SUBTOTAL |
3.48% |
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Financial Institutions | |
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Banking |
0.16% |
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Other Finance |
0.14% |
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SUBTOTAL |
0.30% |
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Utility | |
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Electric |
0.03% |
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SUBTOTAL |
0.03% |
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SUBTOTAL |
3.81% |
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Collateralized Mortgage Obligations | |
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Non-Agency Floating Rate |
2.11% |
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Non-Agency Fixed Rate |
1.13% |
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SUBTOTAL |
3.24% |
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Emerging Markets - Treasuries |
3.04% |
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Bank Loans | |
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Industrial | |
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Technology |
0.45% |
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Consumer Cyclical - Automotive |
0.39% |
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Communications - Media |
0.27% |
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Capital Goods |
0.23% |
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Consumer Cyclical - Other |
0.22% |
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Consumer Non-Cyclical |
0.17% |
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Basic |
0.15% |
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Consumer Cyclical - Entertainment |
0.14% |
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Other Industrial |
0.11% |
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Consumer Cyclical - Retailers |
0.10% |
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Energy |
0.09% |
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Services |
0.07% |
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SUBTOTAL |
2.39% |
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Financial Institutions | |
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Finance |
0.27% |
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SUBTOTAL |
0.27% |
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Utility | |
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Electric |
0.07% |
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SUBTOTAL |
0.07% |
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SUBTOTAL |
2.73% |
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Quasi-Sovereigns | |
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Quasi-Sovereign Bonds |
2.60% |
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SUBTOTAL |
2.60% |
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Governments - Sovereign Bonds |
1.53% |
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Asset-Backed Securities | |
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Home Equity Loans - Fixed Rate |
0.83% |
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Home Equity Loans - Floating Rate |
0.23% |
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SUBTOTAL |
1.06% |
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Preferred Stocks | |
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Financial Institutions |
1.05% |
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Non Corporate Sectors |
0.01% |
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SUBTOTAL |
1.06% |
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Supranationals |
0.62% |
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Local Governments - Regional Bonds |
0.56% |
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Inflation-Linked Securities |
0.41% |
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Local Governments - Municipal Bonds |
0.39% |
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Common Stocks |
0.19% |
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Governments - Sovereign Agencies |
0.19% |
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Short-Term Investments | |
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Investment Companies |
2.57% |
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Governments - Sovereign Bonds |
0.17% |
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Total Fixed Income |
100.00% |
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Country Breakdown |
Portfolio % |
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United States |
64.24% |
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Russia |
4.52% |
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Brazil |
3.68% |
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United Kingdom |
2.44% |
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Argentina |
1.84% |
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Luxembourg |
1.42% |
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Netherlands |
1.12% |
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Indonesia |
1.10% |
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Germany |
1.08% |
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Dominican Republic |
1.06% |
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South Africa |
0.99% |
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Canada |
0.99% |
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Turkey |
0.87% |
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Kazakhstan |
0.87% |
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Ireland |
0.86% |
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Cote D'Ivoire |
0.79% |
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El Salvador |
0.77% |
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Hungary |
0.68% |
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Colombia |
0.65% |
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Supranational |
0.62% |
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Ukraine |
0.62% |
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Switzerland |
0.62% |
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India |
0.57% |
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France |
0.56% |
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Peru |
0.50% |
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Spain |
0.49% |
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Italy |
0.45% |
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Mexico |
0.44% |
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Uruguay |
0.41% |
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Croatia |
0.40% |
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Chile |
0.35% |
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Barbados |
0.32% |
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Japan |
0.30% |
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Hong Kong |
0.28% |
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Lithuania |
0.28% |
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Portugal |
0.27% |
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Philippines |
0.26% |
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United Arab Emirates |
0.26% |
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Serbia & Montenegro |
0.25% |
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Ghana |
0.24% |
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Australia |
0.21% |
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Norway |
0.21% |
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Egypt |
0.18% |
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China |
0.17% |
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Trinidad & Tobago |
0.15% |
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Singapore |
0.13% |
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Panama |
0.12% |
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Czech Republic |
0.11% |
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Bermuda |
0.10% |
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Austria |
0.09% |
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Denmark |
0.07% |
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Total Investments |
100.00% |
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Net Currency Exposure Breakdown |
Portfolio % |
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United States Dollar |
93.38% |
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Mexican Peso |
2.02% |
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New Turkish Lira |
1.56% |
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Norwegian Krone |
0.99% |
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South African Rand |
0.98% |
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Indian Rupee |
0.95% |
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Brazilian Real |
0.68% |
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Russian Rubles |
0.54% |
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Dominican Peso |
0.47% |
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Uruguayan Peso |
0.45% |
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Colombian Peso |
0.28% |
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Philippine Peso |
0.28% |
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Chilean Peso |
0.23% |
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Egypt Pound |
0.20% |
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Great British Pound |
0.12% |
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Hungarian Forint |
0.08% |
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Indonesian Rupiah |
0.05% |
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Australian Dollar |
0.02% |
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Canadian Dollar |
-0.02% |
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Japanese Yen |
-0.94% |
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Euro Dollar |
-2.32% |
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Total Investments |
100.00% |
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Credit Quality Breakdown |
Portfolio % |
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AAA |
4.86% |
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AA |
0.67% |
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A |
6.65% |
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BBB |
17.02% |
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BB |
25.27% |
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B |
29.33% |
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CCC |
10.13% |
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CC |
0.55% |
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C |
0.09% |
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D |
0.19% |
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Not Rated |
2.50% |
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Short Term Investments |
2.74% |
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Total Investments |
100.00% |
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Portfolio Statistics: | |
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Average Coupon: |
8.42 |
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Average Bond Price : |
95.39 |
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Percentage of Leverage: | |
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Bank Borrowing: |
0.00% |
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Investment Operations: |
10.57%* |
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Preferred Stock: |
0.00% |
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Tender Option Bonds: |
0.00% |
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Term Asset-Backed Loans Facility (TALF): |
0.00% |
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Total Fund Leverage: |
10.57% |
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Average Maturity: |
7.87 Years |
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Effective Duration: |
4.42 Years |
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Total Net Assets: |
$1,270.23 Million |
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Net Asset Value: |
$14.84 |
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Number of Holdings: |
858 |
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Portfolio Turnover |
52 |
* 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.
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