|
AB Global High Income
Fund, Inc.
|
|
|
|
|
|
|
|
|
|
Top 10
Fixed-Income Holdings
|
|
Portfolio
%
|
|
1) U.S. Treasury
Notes 2.25%, 2/15/27
|
|
2.42%
|
|
2) Brazil Notas do
Tesouro Nacional Series F 10.00%, 1/01/21
|
2.26%
|
|
3) Indonesia Treasury
Bond Series FR77 8.125%, 5/15/24
|
1.90%
|
|
4) U.S. Treasury
Notes 2.875%, 8/15/28
|
|
1.71%
|
|
5) U.S. Treasury
Bonds 6.25%, 5/15/30
|
|
0.74%
|
|
6) Indonesia Treasury
Bond Series FR78 8.25%, 5/15/29
|
0.66%
|
|
7) U.S. Treasury
Bonds 5.25%, 2/15/29
|
|
0.62%
|
|
8) Dominican Republic
International Bond 8.625%, 4/20/27
|
0.60%
|
|
9) Ukraine Government
International Bond 7.75%, 9/01/21 - 9/01/24
|
0.57%
|
|
10) Colombian TES
Series B 10.00%, 7/24/24
|
0.55%
|
|
|
|
|
Investment
Type
|
|
Portfolio
%
|
|
Corporates -
Non-Investment Grade
|
|
|
|
Credit Default
Swaps
|
|
24.87%
|
|
SUBTOTAL
|
|
24.87%
|
|
Industrial
|
|
|
|
Communications -
Media
|
|
3.16%
|
|
Energy
|
|
3.08%
|
|
Communications -
Telecommunications
|
|
2.88%
|
|
Consumer
Non-Cyclical
|
|
2.81%
|
|
Basic
|
|
2.68%
|
|
Consumer Cyclical -
Other
|
|
1.95%
|
|
Consumer Cyclical -
Automotive
|
|
1.76%
|
|
Capital
Goods
|
|
1.61%
|
|
Services
|
|
1.22%
|
|
Technology
|
|
1.09%
|
|
Consumer Cyclical -
Retailers
|
|
0.76%
|
|
Transportation -
Services
|
|
0.72%
|
|
Consumer Cyclical -
Entertainment
|
|
0.23%
|
|
Other
Industrial
|
|
0.23%
|
|
Consumer Cyclical -
Restaurants
|
|
0.18%
|
|
SUBTOTAL
|
|
24.36%
|
|
Financial
Institutions
|
|
|
|
Banking
|
|
3.06%
|
|
Finance
|
|
1.01%
|
|
Other
Finance
|
|
0.69%
|
|
Insurance
|
|
0.65%
|
|
REITS
|
|
0.51%
|
|
Brokerage
|
|
0.14%
|
|
SUBTOTAL
|
|
6.06%
|
|
Utility
|
|
|
|
Electric
|
|
0.82%
|
|
SUBTOTAL
|
|
0.82%
|
|
SUBTOTAL
|
|
56.11%
|
|
Global
Governments
|
|
11.51%
|
|
Emerging Markets -
Sovereigns
|
|
|
|
Credit Default
Swaps
|
|
0.76%
|
|
Collateralized
Mortgage Obligations
|
|
|
|
Risk Share Floating
Rate
|
|
7.44%
|
|
Non-Agency Fixed
Rate
|
|
0.75%
|
|
Non-Agency Floating
Rate
|
|
0.68%
|
|
Agency Fixed
Rate
|
|
0.63%
|
|
SUBTOTAL
|
|
9.50%
|
|
Corporates -
Investment Grade
|
|
|
|
Financial
Institutions
|
|
|
|
Banking
|
|
3.00%
|
|
Insurance
|
|
1.96%
|
|
REITS
|
|
0.57%
|
|
SUBTOTAL
|
|
5.53%
|
|
Industrial
|
|
|
|
Consumer Cyclical -
Other
|
|
0.64%
|
|
Technology
|
|
0.59%
|
|
Energy
|
|
0.51%
|
|
Basic
|
|
0.48%
|
|
Communications -
Telecommunications
|
|
0.37%
|
|
Consumer
Non-Cyclical
|
|
0.31%
|
|
Capital
Goods
|
|
0.19%
|
|
Consumer Cyclical -
Automotive
|
|
0.18%
|
|
Other
Industrial
|
|
0.15%
|
|
Consumer Cyclical -
Entertainment
|
|
0.13%
|
|
Communications -
Media
|
|
0.12%
|
|
Services
|
|
0.07%
|
|
Transportation -
Airlines
|
|
0.01%
|
|
SUBTOTAL
|
|
3.75%
|
|
SUBTOTAL
|
|
9.28%
|
|
Commercial
Mortgage-Backed Securities
|
|
|
|
Credit Default
Swaps
|
|
6.28%
|
|
Non-Agency Fixed Rate
CMBS
|
|
1.79%
|
|
Non-Agency Floating
Rate CMBS
|
|
0.19%
|
|
SUBTOTAL
|
|
8.26%
|
|
Interest Rate
Futures
|
|
6.24%
|
|
Bank Loans
|
|
|
|
Industrial
|
|
|
|
Consumer
Non-Cyclical
|
|
1.31%
|
|
Capital
Goods
|
|
0.64%
|
|
Technology
|
|
0.49%
|
|
Services
|
|
0.46%
|
|
Energy
|
|
0.40%
|
|
Consumer Cyclical -
Retailers
|
|
0.23%
|
|
Consumer Cyclical -
Other
|
|
0.22%
|
|
Consumer Cyclical -
Restaurants
|
|
0.11%
|
|
Communications -
Media
|
|
0.10%
|
|
Communications -
Telecommunications
|
|
0.10%
|
|
Other
Industrial
|
|
0.09%
|
|
Consumer Cyclical -
Entertainment
|
|
0.08%
|
|
Consumer Cyclical -
Automotive
|
|
0.03%
|
|
SUBTOTAL
|
|
4.26%
|
|
Financial
Institutions
|
|
|
|
Insurance
|
|
0.12%
|
|
Finance
|
|
0.10%
|
|
SUBTOTAL
|
|
0.22%
|
|
SUBTOTAL
|
|
4.48%
|
|
Emerging Markets -
Corporate Bonds
|
|
|
|
Industrial
|
|
|
|
Consumer
Non-Cyclical
|
|
0.85%
|
|
Basic
|
|
0.78%
|
|
Consumer Cyclical -
Other
|
|
0.36%
|
|
Energy
|
|
0.35%
|
|
Communications -
Telecommunications
|
|
0.30%
|
|
Other
Industrial
|
|
0.09%
|
|
Capital
Goods
|
|
0.09%
|
|
Transportation -
Services
|
|
0.04%
|
|
Consumer Cyclical -
Retailers
|
|
0.04%
|
|
Transportation -
Airlines
|
|
0.02%
|
|
SUBTOTAL
|
|
2.92%
|
|
Financial
Institutions
|
|
|
|
Banking
|
|
0.16%
|
|
REITS
|
|
0.14%
|
|
Finance
|
|
0.05%
|
|
Insurance
|
|
0.01%
|
|
SUBTOTAL
|
|
0.36%
|
|
Utility
|
|
|
|
Electric
|
|
0.23%
|
|
SUBTOTAL
|
|
0.23%
|
|
SUBTOTAL
|
|
3.51%
|
|
Emerging Markets -
Treasuries
|
|
2.34%
|
|
Common
Stocks
|
|
1.68%
|
|
Asset-Backed
Securities
|
|
|
|
Other ABS - Fixed
Rate
|
|
0.73%
|
|
Home Equity Loans -
Fixed Rate
|
|
0.32%
|
|
Autos - Fixed
Rate
|
|
0.19%
|
|
Home Equity Loans -
Floating Rate
|
|
0.01%
|
|
SUBTOTAL
|
|
1.25%
|
|
Total Return
Swaps
|
|
0.85%
|
|
Investment
Companies
|
|
|
|
Funds and Investment
Trusts
|
|
0.49%
|
|
SUBTOTAL
|
|
0.49%
|
|
Local Governments -
US Municipal Bonds
|
|
0.49%
|
|
Quasi-Sovereigns
|
|
|
|
Quasi-Sovereign
Bonds
|
|
0.48%
|
|
SUBTOTAL
|
|
0.48%
|
|
Preferred
Stocks
|
|
|
|
Financial
Institutions
|
|
0.29%
|
|
Utility
|
|
0.02%
|
|
SUBTOTAL
|
|
0.31%
|
|
Inflation-Linked
Securities
|
|
0.25%
|
|
Currency
Instruments
|
|
|
|
Forward Currency
Exchange Contracts
|
|
0.14%
|
|
SUBTOTAL
|
|
0.14%
|
|
Collateralized Loan
Obligations
|
|
|
|
CLO - Floating
Rate
|
|
0.08%
|
|
SUBTOTAL
|
|
0.08%
|
|
Local Governments -
Regional Bonds
|
|
0.06%
|
|
Warrants
|
|
0.02%
|
|
Whole Loan
Trusts
|
|
|
|
Performing
Asset
|
|
0.02%
|
|
SUBTOTAL
|
|
0.02%
|
|
Put Options
Written
|
|
-0.01%
|
|
Reverse Repurchase
Agreements
|
|
-0.63%
|
|
Net Cash
Equivalents
|
|
|
|
Investment
Companies
|
|
8.11%
|
|
U.S. Treasury
Bills
|
|
2.64%
|
|
Cash
|
|
1.22%
|
|
Governments -
Treasuries
|
|
0.60%
|
|
Commercial
Paper
|
|
0.16%
|
|
SUBTOTAL
|
|
12.73%
|
|
Derivative
Offsets
|
|
|
|
Futures
Offsets
|
|
-6.27%
|
|
Swaps
Offsets
|
|
-32.78%
|
|
SUBTOTAL
|
|
-39.05%
|
|
Total
|
|
100.00%
|
|
|
|
|
Country
Breakdown
|
|
Portfolio
%
|
|
United
States
|
|
66.06%
|
|
Brazil
|
|
3.84%
|
|
Indonesia
|
|
3.03%
|
|
United
Kingdom
|
|
2.06%
|
|
Canada
|
|
1.55%
|
|
France
|
|
1.44%
|
|
Luxembourg
|
|
1.41%
|
|
Netherlands
|
|
1.27%
|
|
Egypt
|
|
1.10%
|
|
Italy
|
|
0.97%
|
|
Colombia
|
|
0.92%
|
|
Dominican
Republic
|
|
0.89%
|
|
Switzerland
|
|
0.86%
|
|
Nigeria
|
|
0.86%
|
|
Spain
|
|
0.85%
|
|
Turkey
|
|
0.82%
|
|
Argentina
|
|
0.78%
|
|
Russia
|
|
0.74%
|
|
Mexico
|
|
0.65%
|
|
Ireland
|
|
0.62%
|
|
Ukraine
|
|
0.57%
|
|
Ecuador
|
|
0.47%
|
|
Bahrain
|
|
0.47%
|
|
Kenya
|
|
0.47%
|
|
Oman
|
|
0.44%
|
|
Ivory
Coast
|
|
0.44%
|
|
Sri Lanka
|
|
0.41%
|
|
Zambia
|
|
0.36%
|
|
Finland
|
|
0.35%
|
|
India
|
|
0.32%
|
|
Angola
|
|
0.31%
|
|
United Arab
Emirates
|
|
0.31%
|
|
Mongolia
|
|
0.29%
|
|
Gabon
|
|
0.27%
|
|
Honduras
|
|
0.27%
|
|
Sweden
|
|
0.26%
|
|
Bermuda
|
|
0.25%
|
|
Senegal
|
|
0.25%
|
|
Lebanon
|
|
0.22%
|
|
Norway
|
|
0.19%
|
|
South
Africa
|
|
0.19%
|
|
China
|
|
0.18%
|
|
Denmark
|
|
0.16%
|
|
Hong Kong
|
|
0.16%
|
|
Jamaica
|
|
0.16%
|
|
Germany
|
|
0.16%
|
|
Macau
|
|
0.16%
|
|
El
Salvador
|
|
0.16%
|
|
Cayman
Islands
|
|
0.14%
|
|
Cameroon
|
|
0.12%
|
|
Australia
|
|
0.10%
|
|
Ghana
|
|
0.09%
|
|
Virgin Islands
(BVI)
|
|
0.09%
|
|
Peru
|
|
0.09%
|
|
Trinidad &
Tobago
|
|
0.08%
|
|
Venezuela
|
|
0.07%
|
|
Kazakhstan
|
|
0.07%
|
|
Iraq
|
|
0.06%
|
|
Jordan
|
|
0.06%
|
|
Jersey (Channel
Islands)
|
|
0.02%
|
|
Pakistan
|
|
0.02%
|
|
Chile
|
|
0.02%
|
|
Total
Investments
|
|
100.00%
|
|
|
|
|
Net Currency
Exposure Breakdown
|
|
Portfolio
%
|
|
United States
Dollar
|
|
95.84%
|
|
Brazilian
Real
|
|
2.27%
|
|
Japanese
Yen
|
|
0.83%
|
|
Egypt
Pound
|
|
0.52%
|
|
Russian
Rubles
|
|
0.49%
|
|
Indian
Rupee
|
|
0.30%
|
|
Nigerian
Naira
|
|
0.24%
|
|
Argentine
Peso
|
|
0.05%
|
|
Canadian
Dollar
|
|
0.05%
|
|
Colombian
Peso
|
|
0.04%
|
|
Mexican
Peso
|
|
0.02%
|
|
Swiss
Franc
|
|
0.01%
|
|
Great British
Pound
|
|
0.01%
|
|
South Korean
Won
|
|
0.01%
|
|
New Turkish
Lira
|
|
0.01%
|
|
Taiwan New
Dollar
|
|
0.01%
|
|
South African
Rand
|
|
0.01%
|
|
Norwegian
Krone
|
|
-0.01%
|
|
Indonesian
Rupiah
|
|
-0.04%
|
|
Euro
|
|
-0.66%
|
|
Total Net
Assets
|
|
100.00%
|
|
|
|
|
Credit
Rating
|
|
Portfolio
%
|
|
AAA
|
|
6.70%
|
|
AA
|
|
1.33%
|
|
A
|
|
1.90%
|
|
BBB
|
|
16.85%
|
|
BB
|
|
25.00%
|
|
B
|
|
20.95%
|
|
CCC
|
|
6.11%
|
|
CC
|
|
0.25%
|
|
C
|
|
0.12%
|
|
D
|
|
0.01%
|
|
Not Rated
|
|
5.36%
|
|
Short Term
Investments
|
|
11.52%
|
|
Reverse Repurchase
Agreements
|
|
-0.63%
|
|
N/A
|
|
4.53%
|
|
Total
|
|
100.00%
|
|
|
|
|
Bonds By
Maturity
|
|
Portfolio
%
|
|
Less than 1
year
|
|
19.26%
|
|
1 to 5
years
|
|
44.16%
|
|
5 to 10
years
|
|
26.74%
|
|
10 to 20
years
|
|
5.51%
|
|
20 to 30
years
|
|
2.42%
|
|
More Than 30
years
|
|
0.21%
|
|
Other
|
|
1.70%
|
|
Total Net
Assets
|
|
100.00%
|
|
|
|
|
Portfolio
Statistics:
|
|
|
|
Average
Coupon:
|
|
7.27%
|
|
Average Bond
Price:
|
|
103.17
|
|
Percentage of
Leverage(based on gross assets):
|
|
|
Bank
Borrowing:
|
|
0.00%
|
|
Investment
Operations:
|
|
43.35%
|
|
Preferred
stock:
|
|
0.00%
|
|
Tender Option
Bonds:
|
|
0.00%
|
|
VMTP
Shares:
|
|
0.00%
|
|
Total Fund
Leverage:
|
|
43.35%
|
|
Average
Maturity:
|
|
4.96
Years
|
|
Effective
Duration:
|
|
3.66
Years
|
|
Total Net
Assets:
|
|
$1,135.44
Million
|
|
Net Asset
Value:
|
|
$13.16
|
|
Number of
Holdings:
|
|
1370
|
|
Portfolio
Turnover:
|
|
40%
|
|
|
|
|
* 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.
|