NEW YORK, May 25, 2018 /PRNewswire/ -- AB Global High Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly portfolio update as of April 30,2018.
AB Global High Income Fund, Inc. |
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Top 10 Fixed-Income Holdings |
Portfolio % | |
1) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/21 - 1/01/27 |
4.40% | |
2) U.S. Treasury Notes 0.875%, 4/15/19 |
3.57% | |
3) U.S. Treasury Bonds 6.25%, 5/15/30 |
0.89% | |
4) Argentine Republic Government International Bond 6.875%, 4/22/21 - 1/26/27 |
0.74% | |
5) Turkey Government Bond 11.10%, 5/15/19 |
0.64% | |
6) Wachovia Mortgage Loan Trust Series 2006-ALT1, Class A2 2.077%, 1/25/37 |
0.63% | |
7) Dominican Republic International Bond 8.625%, 4/20/27 |
0.57% | |
8) U.S. Treasury Bonds 5.25%, 2/15/29 |
0.56% | |
9) U.S. Treasury Bonds 8.125%, 5/15/21 |
0.52% | |
10) Malaysia Government Bond Series 511 3.58%, 9/28/18 |
0.52% | |
Investment Type |
Portfolio % | |
Corporates - Non-Investment Grade |
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Industrial |
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Energy |
7.27% | |
Communications - Media |
4.70% | |
Consumer Non-Cyclical |
4.03% | |
Basic |
3.94% | |
Communications - Telecommunications |
2.62% | |
Consumer Cyclical - Other |
2.24% | |
Capital Goods |
1.75% | |
Services |
1.64% | |
Technology |
1.62% | |
Consumer Cyclical - Automotive |
1.39% | |
Transportation - Services |
1.20% | |
Consumer Cyclical - Retailers |
0.94% | |
Other Industrial |
0.62% | |
Consumer Cyclical - Entertainment |
0.35% | |
Consumer Cyclical - Restaurants |
0.12% | |
Transportation - Airlines |
0.09% | |
SUBTOTAL |
34.52% | |
Credit Default Swaps |
9.84% | |
SUBTOTAL |
9.84% | |
Financial Institutions |
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Banking |
5.03% | |
Finance |
1.09% | |
Insurance |
0.70% | |
Other Finance |
0.54% | |
REITS |
0.19% | |
Brokerage |
0.13% | |
SUBTOTAL |
7.68% | |
Utility |
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Electric |
1.38% | |
Natural Gas |
0.17% | |
SUBTOTAL |
1.55% | |
SUBTOTAL |
53.59% | |
Interest Rate Swaps |
14.92% | |
Collateralized Mortgage Obligations |
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Risk Share Floating Rate |
9.33% | |
Non-Agency Fixed Rate |
1.12% | |
Non-Agency Floating Rate |
1.00% | |
SUBTOTAL |
11.45% | |
Interest Rate Futures |
11.41% | |
Global Governments |
10.15% | |
Emerging Markets - Treasuries |
7.80% | |
Corporates - Investment Grade |
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Financial Institutions |
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Insurance |
1.93% | |
Banking |
1.33% | |
REITS |
0.22% | |
Brokerage |
0.09% | |
SUBTOTAL |
3.57% | |
Industrial |
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Basic |
0.94% | |
Energy |
0.45% | |
Technology |
0.42% | |
Communications - Telecommunications |
0.31% | |
Capital Goods |
0.26% | |
Consumer Non-Cyclical |
0.18% | |
Communications - Media |
0.14% | |
Consumer Cyclical - Automotive |
0.12% | |
Consumer Cyclical - Other |
0.08% | |
Services |
0.06% | |
Transportation - Airlines |
0.03% | |
SUBTOTAL |
2.99% | |
Credit Default Swaps |
0.92% | |
SUBTOTAL |
0.92% | |
SUBTOTAL |
7.48% | |
Emerging Markets - Sovereigns |
6.91% | |
Commercial Mortgage-Backed Securities |
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Credit Default Swaps |
4.40% | |
Non-Agency Fixed Rate CMBS |
2.08% | |
Non-Agency Floating Rate CMBS |
0.14% | |
SUBTOTAL |
6.62% | |
Emerging Markets - Corporate Bonds |
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Industrial |
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Energy |
1.00% | |
Basic |
0.95% | |
Consumer Non-Cyclical |
0.89% | |
Communications - Telecommunications |
0.47% | |
Capital Goods |
0.24% | |
Consumer Cyclical - Other |
0.18% | |
Transportation - Services |
0.15% | |
Consumer Cyclical - Retailers |
0.06% | |
Technology |
0.05% | |
Other Industrial |
0.04% | |
Transportation - Airlines |
0.03% | |
SUBTOTAL |
4.06% | |
Financial Institutions |
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Banking |
0.42% | |
Finance |
0.05% | |
Other Finance |
0.03% | |
Insurance |
0.01% | |
SUBTOTAL |
0.51% | |
Utility |
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Electric |
0.14% | |
SUBTOTAL |
0.14% | |
SUBTOTAL |
4.71% | |
Total Return Swaps |
4.26% | |
Bank Loans |
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Industrial |
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Consumer Non-Cyclical |
1.00% | |
Capital Goods |
0.44% | |
Consumer Cyclical - Other |
0.34% | |
Consumer Cyclical - Retailers |
0.30% | |
Energy |
0.26% | |
Technology |
0.24% | |
Communications - Telecommunications |
0.11% | |
Transportation - Services |
0.09% | |
Consumer Cyclical - Entertainment |
0.08% | |
Other Industrial |
0.08% | |
Basic |
0.08% | |
Consumer Cyclical - Automotive |
0.03% | |
Services |
0.02% | |
Consumer Cyclical - Restaurants |
0.02% | |
SUBTOTAL |
3.09% | |
Financial Institutions |
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Insurance |
0.09% | |
SUBTOTAL |
0.09% | |
SUBTOTAL |
3.18% | |
Common Stocks |
1.71% | |
Asset-Backed Securities |
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Other ABS - Fixed Rate |
1.06% | |
Home Equity Loans - Fixed Rate |
0.37% | |
Autos - Fixed Rate |
0.07% | |
Home Equity Loans - Floating Rate |
0.02% | |
SUBTOTAL |
1.52% | |
Preferred Stocks |
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Industrial |
0.95% | |
Financial Institutions |
0.18% | |
Utility |
0.03% | |
SUBTOTAL |
1.16% | |
Equity Futures |
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Equity Index Futures |
1.04% | |
SUBTOTAL |
1.04% | |
Inflation-Linked Securities |
0.70% | |
Local Governments - Regional Bonds |
0.56% | |
Currency Instruments |
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Forward Currency Exchange Contracts |
0.48% | |
SUBTOTAL |
0.48% | |
Local Governments - US Municipal Bonds |
0.45% | |
Investment Companies |
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Funds and Investment Trusts |
0.20% | |
SUBTOTAL |
0.20% | |
Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
0.19% | |
SUBTOTAL |
0.19% | |
Whole Loan Trusts |
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Performing Asset |
0.19% | |
SUBTOTAL |
0.19% | |
Collateralized Loan Obligations |
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CLO - Floating Rate |
0.16% | |
SUBTOTAL |
0.16% | |
Warrants |
0.02% | |
Options Purchased - Calls |
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Options on Forward Contracts |
0.01% | |
Swaptions |
0.01% | |
SUBTOTAL |
0.02% | |
Options Purchased - Puts |
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Options on Forward Contracts |
0.01% | |
SUBTOTAL |
0.01% | |
Call Options Written |
-0.02% | |
Put Options Written |
-0.13% | |
Reverse Repurchase Agreements |
-6.92% | |
Net Cash Equivalents |
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Investment Companies |
1.30% | |
Cash |
1.02% | |
Emerging Markets - Sovereigns |
0.54% | |
Governments - Treasuries |
0.25% | |
Corporates - Non-Investment Grade |
0.20% | |
SUBTOTAL |
3.31% | |
Derivative Offsets |
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Futures Offsets |
-12.54% | |
Swaps Offsets |
-34.59% | |
SUBTOTAL |
-47.13% | |
Total |
100.00% | |
Country Breakdown |
Portfolio % | |
United States |
61.19% | |
Brazil |
6.33% | |
Argentina |
3.00% | |
United Kingdom |
2.76% | |
Turkey |
2.12% | |
Canada |
1.83% | |
Luxembourg |
1.73% | |
Indonesia |
1.70% | |
France |
1.60% | |
Netherlands |
1.24% | |
Dominican Republic |
1.22% | |
Italy |
1.18% | |
Ireland |
1.14% | |
Egypt |
0.99% | |
Spain |
0.84% | |
Switzerland |
0.79% | |
Russia |
0.65% | |
Colombia |
0.60% | |
Zambia |
0.59% | |
Sri Lanka |
0.59% | |
Ivory Coast |
0.51% | |
Mexico |
0.50% | |
Malaysia |
0.49% | |
Ukraine |
0.46% | |
Jamaica |
0.42% | |
Germany |
0.38% | |
Cayman Islands |
0.38% | |
India |
0.35% | |
South Africa |
0.34% | |
United Arab Emirates |
0.29% | |
Ecuador |
0.26% | |
Gabon |
0.25% | |
Venezuela |
0.21% | |
Mongolia |
0.19% | |
Norway |
0.18% | |
Israel |
0.17% | |
Guatemala |
0.16% | |
Trinidad & Tobago |
0.15% | |
Sweden |
0.14% | |
El Salvador |
0.14% | |
Bahrain |
0.14% | |
Macau |
0.13% | |
Nigeria |
0.12% | |
Pakistan |
0.12% | |
Denmark |
0.12% | |
Uruguay |
0.12% | |
Cameroon |
0.11% | |
Kenya |
0.11% | |
Australia |
0.11% | |
Kazakhstan |
0.09% | |
Honduras |
0.09% | |
Peru |
0.08% | |
Senegal |
0.07% | |
Costa Rica |
0.07% | |
Angola |
0.06% | |
Lebanon |
0.06% | |
Chile |
0.06% | |
Iraq |
0.05% | |
Jordan |
0.05% | |
Finland |
0.05% | |
China |
0.04% | |
Hong Kong |
0.04% | |
Jersey (Channel Islands) |
0.02% | |
Belarus |
0.02% | |
Serbia |
0.01% | |
Total Investments |
100.00% | |
Net Currency Exposure Breakdown |
Portfolio % | |
United States Dollar |
97.01% | |
South Korean Won |
1.71% | |
Indonesian Rupiah |
1.52% | |
Argentine Peso |
1.39% | |
Euro |
1.36% | |
Indian Rupee |
1.01% | |
Chinese Yuan Renminbi (Offshore) |
1.00% | |
Egypt Pound |
0.79% | |
Colombian Peso |
0.67% | |
Malaysian Ringgit |
0.54% | |
South African Rand |
0.53% | |
Sri Lankan Rupee |
0.49% | |
Polish Zloty |
0.49% | |
Russian Rubles |
0.49% | |
Canadian Dollar |
0.47% | |
Dominican Peso |
0.46% | |
Uruguayan Peso |
0.13% | |
Hong Kong Dollar |
-0.02% | |
Brazilian Real |
-0.10% | |
Japanese Yen |
-0.11% | |
Norwegian Krone |
-0.16% | |
Great British Pound |
-0.26% | |
Mexican Peso |
-0.38% | |
New Turkish Lira |
-0.38% | |
New Zealand Dollar |
-0.84% | |
Swedish Krona |
-0.89% | |
Australian Dollar |
-1.24% | |
Taiwan New Dollar |
-1.76% | |
Swiss Franc |
-1.88% | |
Israeli New Shekel |
-2.04% | |
Total Net Assets |
100.00% | |
Credit Rating |
Portfolio % | |
AAA |
7.06% | |
AA |
0.73% | |
A |
1.54% | |
BBB |
18.08% | |
BB |
31.17% | |
B |
27.82% | |
CCC |
6.40% | |
CC |
0.43% | |
C |
0.34% | |
D |
0.27% | |
Not Rated |
6.49% | |
Short Term Investments |
2.29% | |
Reverse Repurchase Agreements |
-6.92% | |
N/A |
4.30% | |
Total |
100.00% | |
Bonds By Maturity |
Portfolio % | |
Less than 1 year |
7.63% | |
1 to 5 years |
38.76% | |
5 to 10 years |
39.06% | |
10 to 20 years |
8.12% | |
20 to 30 years |
3.77% | |
More Than 30 years |
0.93% | |
Other |
1.73% | |
Total Net Assets |
100.00% | |
Portfolio Statistics: |
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Average Coupon: |
7.59% | |
Average Bond Price: |
101.93 | |
Percentage of Leverage(based on gross assets): |
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Bank Borrowing: |
0.00% | |
Investment Operations: |
42.05% | |
Preferred stock: |
0.00% | |
Tender Option Bonds: |
0.00% | |
VMTP Shares: |
0.00% | |
Total Fund Leverage: |
42.05% | |
Average Maturity: |
6.92 Years | |
Effective Duration: |
5.07 Years | |
Total Net Assets: |
$1,164.66 Million | |
Net Asset Value: |
$13.51 | |
Number of Holdings: |
1411 | |
Portfolio Turnover: |
48% | |
* 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 AB Global High Income Fund, Inc.
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