AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update - 19 Action News|Cleveland, OH|News, Weather, Sports

AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE AllianceBernstein Global High Income Fund, Inc.

NEW YORK, March 24, 2014 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc.[NYSE: AWF] (the "Fund") today released its monthly portfolio update as of February 28, 2014.





AllianceBernstein Global High Income Fund, Inc.






Top 10 Fixed Income Holdings

Portfolio %

1) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/17

1.82%

2) Ivory Coast Government International Bond 5.75%, 12/31/32

0.83%

3) Argentina Boden Bonds 7.00%, 10/03/15

0.73%

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

0.71%

5) U.S. Treasury Bonds 5.25%, 2/15/29

0.55%

6) VTB Bank OJSC Via VTB Capital SA 6.875%, 5/29/18

0.52%

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

0.51%

8) Dominican Republic International Bond 16.00%, 7/10/20

0.48%

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

0.41%

10) Care UK Health & Social Care PLC 9.75%, 8/01/17

0.40%



Investment Type

Portfolio %

Corporates - Non-Investment Grades


Industrial


Consumer Non-Cyclical

8.35%

Energy

6.78%

Communications - Media

6.13%

Technology

5.27%

Capital Goods

5.03%

Basic

4.46%

Consumer Cyclical - Other

2.83%

Communications - Telecommunications

2.65%

Other Industrial

2.53%

Consumer Cyclical - Retailers

2.01%

Services

1.98%

Consumer Cyclical - Automotive

1.97%

Transportation - Services

1.31%

Consumer Cyclical - Entertainment

0.63%

Transportation - Airlines

0.37%

Consumer Cyclical - Restaurants

0.11%

SUBTOTAL

52.41%

Financial Institutions


Banking

3.08%

Finance

1.55%

Other Finance

1.11%

Insurance

1.02%

Brokerage

0.42%

REITS

0.14%

SUBTOTAL

7.32%

Credit Default Swaps

3.87%

Utility


Electric

1.59%

Natural Gas

1.33%

SUBTOTAL

2.92%

SUBTOTAL

66.52%

Global Governments

16.89%

Corporates - Investment Grades


Financial Institutions


Banking

1.81%

Insurance

1.62%

REITS

0.52%

Finance

0.25%

Other Finance

0.04%

SUBTOTAL

4.24%

Industrial


Basic

1.96%

Communications - Telecommunications

0.30%

Capital Goods

0.25%

Communications - Media

0.23%

Other Industrial

0.17%

Consumer Cyclical - Retailers

0.13%

Consumer Non-Cyclical

0.11%

Consumer Cyclical - Automotive

0.08%

Transportation - Airlines

0.07%

Consumer Cyclical - Other

0.02%

SUBTOTAL

3.32%

Credit Default Swaps

0.84%

Non Corporate Sectors


Agencies - Not Government Guaranteed

0.28%

SUBTOTAL

0.28%

Utility


Natural Gas

0.25%

SUBTOTAL

0.25%

SUBTOTAL

8.93%

Collateralized Mortgage Obligations


Non-Agency Fixed Rate

3.75%

Non-Agency Floating Rate

3.00%

SUBTOTAL

6.75%

Bank Loans


Industrial


Consumer Non-Cyclical

0.73%

Consumer Cyclical - Automotive

0.62%

Basic

0.46%

Consumer Cyclical - Entertainment

0.44%

Other Industrial

0.42%

Consumer Cyclical - Other

0.41%

Services

0.32%

Technology

0.29%

Consumer Cyclical - Retailers

0.28%

Capital Goods

0.20%

Communications - Media

0.16%

Energy

0.08%

SUBTOTAL

4.41%

Non Corporate Sectors


Foreign Local Government - Municipal

0.13%

SUBTOTAL

0.13%

Financial Institutions


Insurance

0.04%

SUBTOTAL

0.04%

SUBTOTAL

4.58%

Emerging Markets - Corporate Bonds


Industrial


Consumer Non-Cyclical

1.22%

Communications - Telecommunications

0.55%

Basic

0.53%

Capital Goods

0.45%

Consumer Cyclical - Retailers

0.27%

Consumer Cyclical - Other

0.25%

Transportation - Airlines

0.25%

Energy

0.14%

Communications - Media

0.11%

Transportation - Services

0.09%

SUBTOTAL

3.86%

Financial Institutions


Banking

0.23%

Finance

0.20%

SUBTOTAL

0.43%

SUBTOTAL

4.29%

Emerging Markets - Sovereigns

3.41%

Preferred Stocks


Financial Institutions

2.15%

Industrial

0.06%

Utility

0.02%

SUBTOTAL

2.23%

Commercial Mortgage-Backed Securities


Non-Agency Fixed Rate CMBS

1.17%

Non-Agency Floating Rate CMBS

0.11%

SUBTOTAL

1.28%

Governments - Sovereign Agencies

1.20%

Local Governments - Municipal Bonds

1.04%

Emerging Markets - Treasuries

1.00%

Asset-Backed Securities


Home Equity Loans - Fixed Rate

0.64%

Home Equity Loans - Floating Rate

0.14%

SUBTOTAL

0.78%

Common Stocks

0.78%

Quasi-Sovereigns


Quasi-Sovereign Bonds

0.49%

SUBTOTAL

0.49%

Whole Loan Trusts


Performing Asset

0.43%

SUBTOTAL

0.43%

Local Governments - Regional Bonds

0.33%

Inflation-Linked Securities

0.22%

Options Purchased - Puts


Options on Funds and Investment Trusts

0.01%

Swaptions

0.01%

SUBTOTAL

0.02%

Put Options Written

-0.01%

Currency Instruments


Forward Currency Exchange Contracts

-0.05%

SUBTOTAL

-0.05%

Reverse Repurchase Agreements

-9.08%

Interest Rate Swaps - SIFMA

-10.38%

Net Cash Equivalents


Cash

1.80%

Investment Companies

0.87%

SUBTOTAL

2.67%

Derivative Offsets


Swaps Offsets

5.92%

Futures Offsets

-10.24%

SUBTOTAL

-4.32%


100.00%



Country Breakdown

Portfolio %

United States

65.56%

United Kingdom

5.19%

Brazil

3.91%

Russia

1.82%

Canada

1.72%

Luxembourg

1.44%

Dominican Republic

1.33%

France

1.33%

Netherlands

1.33%

Germany

1.24%

Ireland

1.14%

South Africa

1.00%

Mexico

0.96%

Switzerland

0.88%

Ivory Coast

0.78%

Argentina

0.75%

Italy

0.66%

Bermuda

0.61%

El Salvador

0.59%

United Arab Emirates

0.58%

Indonesia

0.57%

Colombia

0.56%

Spain

0.44%

Kazakhstan

0.38%

Peru

0.36%

Portugal

0.35%

Barbados

0.31%

Croatia

0.31%

Australia

0.27%

Sweden

0.26%

Serbia

0.23%

Philippines

0.23%

Singapore

0.23%

Costa Rica

0.23%

Norway

0.23%

Uruguay

0.21%

India

0.18%

Denmark

0.17%

Nigeria

0.16%

Bahrain

0.14%

Belgium

0.14%

China

0.13%

Japan

0.13%

Chile

0.13%

Ghana

0.12%

Austria

0.11%

Romania

0.10%

Macau

0.10%

Hong Kong

0.08%

Mauritania

0.08%

Guatemala

0.07%

Sri Lanka

0.06%

Virgin Islands (BVI)

0.06%

Jamaica

0.05%

Total Investments

100.00%



Net Currency Exposure Breakdown

Portfolio %

United States Dollar

91.53%

Brazilian Real

3.01%

New Turkish Lira

1.48%

South African Rand

1.27%

Indonesian Rupiah

1.03%

Peruvian Nuevo Sol

0.50%

Dominican Peso

0.48%

Colombian Peso

0.48%

Costa Rican Colon

0.25%

Philippine Peso

0.24%

Uruguayan Peso

0.22%

Hungarian Forint

0.18%

Nigerian Naira

0.18%

Great British Pound

0.14%

Euro

0.06%

Swiss Franc

0.04%

Russian Rubles

-0.10%

Australian Dollar

-0.99%

Total Net Assets

100.00%



Credit Rating

Portfolio %

AAA

-7.32%

AA

0.42%

A

4.94%

BBB

13.01%

BB

27.15%

B

34.10%

CCC

16.20%

CC

0.89%

D

0.79%

Not Rated

3.07%

Short Term Investments

0.87%

N/A

5.88%


100.00%



Bonds By Maturity

Portfolio %

Less than 1 year

9.03%

1 to 5 years

48.32%

5 to 10 years

29.29%

10 to 20 years

5.95%

20 to 30 years

4.50%

More than 30 years

2.13%

Other

0.78%

Total Net Assets

100.00%



Portfolio Statistics:


Average Coupon:

7.87%

Average Bond Price :

104.08

Percentage of Leverage:


Bank Borrowing:

0.00%

Investment Operations:

13.71%*

Preferred Stock:

0.00%

Tender Option Bonds:

0.00%

Term Asset-Backed Loans Facility (TALF):

0.00%

Total Fund Leverage:

13.71%

Average Maturity:

6.82 Years

Effective Duration:

4.48 Years

Total Net Assets:

$1,308.46 Million

Net Asset Value:

$15.17

Number of Holdings:

1128

Portfolio Turnover:

38%

* 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.

©2012 PR Newswire. All Rights Reserved.

 
Powered by WorldNow