AB Global High Income Fund, Inc.
Top 10 Fixed Income Holdings
Portfolio %
1) U.S. Treasury Notes 1.25%, 1/31/20
11.54%
2) U.S. Treasury Bonds 8.125%, 5/15/21
3.02%
3) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/17 – 1/01/25
2.45%
4) Wachovia Mortgage Loan Trust Series 2006-ALT1 Series 2006-ALT1, Class A2 0.367%, 1/25/37
0.95%
5) Dominican Republic International Bond 8.625%, 4/20/27
0.83%
6) U.S. Treasury Bonds 5.25%, 2/15/29
0.65%
7) El Salvador Government International Bond 7.65%, 6/15/35
0.59%
8) Ivory Coast Government International Bond 5.75%, 12/31/32
0.59%
9) Dominican Republic International Bond 16.00%, 7/10/20
0.53%
10) U.S. Treasury Bonds 5.00%, 5/15/37
0.41%
Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Consumer Non-Cyclical
7.16%
Energy
5.99%
Communications – Media
5.95%
Capital Goods
3.62%
Technology
3.60%
Basic
3.51%
Consumer Cyclical – Other
3.49%
Communications – Telecommunications
3.32%
Consumer Cyclical – Retailers
2.57%
Consumer Cyclical – Automotive
1.89%
Other Industrial
1.45%
Transportation – Services
0.87%
Services
0.70%
Consumer Cyclical – Entertainment
0.58%
Transportation – Airlines
0.44%
Consumer Cyclical – Restaurants
0.39%
SUBTOTAL
45.53%
Financial Institutions
Banking
3.94%
Finance
1.40%
Insurance
0.83%
Other Finance
0.73%
REITS
0.29%
Brokerage
0.24%
SUBTOTAL
7.43%
Credit Default Swaps
3.18%
SUBTOTAL
3.18%
Utility
Electric
1.91%
SUBTOTAL
1.91%
SUBTOTAL
58.05%
Global Governments
21.95%
Collateralized Mortgage Obligations
Non-Agency Fixed Rate
3.43%
GSE Risk Share Floating Rate
3.21%
Non-Agency Floating Rate
2.98%
SUBTOTAL
9.62%
Corporates – Investment Grade
Financial Institutions
Insurance
1.54%
Banking
1.16%
Finance
0.66%
REITS
0.47%
Brokerage
0.10%
SUBTOTAL
3.93%
Industrial
Basic
1.76%
Energy
0.73%
Communications – Media
0.41%
Communications – Telecommunications
0.27%
Other Industrial
0.20%
Transportation – Airlines
0.16%
Capital Goods
0.15%
Consumer Non-Cyclical
0.11%
Consumer Cyclical – Other
0.02%
SUBTOTAL
3.81%
Credit Default Swaps
0.70%
SUBTOTAL
0.70%
Utility
Electric
0.38%
Natural Gas
0.11%
SUBTOTAL
0.49%
SUBTOTAL
8.93%
Emerging Markets – Sovereigns
3.65%
Bank Loans
Industrial
Consumer Cyclical – Other
0.48%
Basic
0.43%
Other Industrial
0.39%
Consumer Cyclical – Retailers
0.38%
Consumer Non-Cyclical
0.27%
Consumer Cyclical – Entertainment
0.23%
Energy
0.19%
Communications – Media
0.18%
Technology
0.14%
Capital Goods
0.11%
Consumer Cyclical – Automotive
0.07%
SUBTOTAL
2.87%
Financial Institutions
Other Finance
0.13%
Insurance
0.04%
SUBTOTAL
0.17%
Utility
Electric
0.17%
SUBTOTAL
0.17%
SUBTOTAL
3.21%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS
3.10%
SUBTOTAL
3.10%
Emerging Markets – Corporate Bonds
Industrial
Consumer Non-Cyclical
0.77%
Basic
0.61%
Capital Goods
0.49%
Consumer Cyclical – Retailers
0.33%
Transportation – Airlines
0.28%
Communications – Telecommunications
0.19%
Communications – Media
0.14%
Consumer Cyclical – Other
0.03%
SUBTOTAL
2.84%
Utility
Electric
0.15%
SUBTOTAL
0.15%
Financial Institutions
Finance
0.10%
SUBTOTAL
0.10%
SUBTOTAL
3.09%
Preferred Stocks
Financial Institutions
1.79%
Utility
0.03%
Industrial
0.01%
SUBTOTAL
1.83%
Governments – Sovereign Agencies
1.33%
Local Governments – Municipal Bonds
0.96%
Asset-Backed Securities
Home Equity Loans – Fixed Rate
0.77%
Home Equity Loans – Floating Rate
0.18%
SUBTOTAL
0.95%
Whole Loan Trusts
Performing Asset
0.80%
SUBTOTAL
0.80%
Common Stocks
0.71%
Emerging Markets – Treasuries
0.71%
Quasi-Sovereigns
Quasi-Sovereign Bonds
0.44%
SUBTOTAL
0.44%
Currency Instruments
Forward Currency Exchange Contracts
0.35%
SUBTOTAL
0.35%
Investment Companies
Funds and Investment Trusts
0.22%
SUBTOTAL
0.22%
Agencies
Agency Subordinated
0.14%
SUBTOTAL
0.14%
Inflation-Linked Securities
0.07%
Warrants
0.01%
Interest Rate Swaps – SIFMA
-8.75%
Reverse Repurchase Agreements
-18.11%
Net Cash Equivalents
Cash
1.01%
Investment Companies
0.44%
SUBTOTAL
1.45%
Derivative Offsets
Swaps Offsets
5.29%
SUBTOTAL
5.29%
100.00%
Country Breakdown
Portfolio %
United States
70.93%
Brazil
4.57%
United Kingdom
3.24%
Canada
1.87%
Mexico
1.46%
Ireland
1.42%
Dominican Republic
1.41%
Netherlands
1.18%
France
1.16%
Luxembourg
1.08%
South Africa
0.93%
Germany
0.75%
Italy
0.71%
Switzerland
0.69%
Ivory Coast
0.60%
El Salvador
0.57%
United Arab Emirates
0.57%
Indonesia
0.54%
Colombia
0.44%
Bermuda
0.42%
Venezuela
0.38%
Australia
0.34%
Croatia
0.32%
Spain
0.31%
India
0.30%
Philippines
0.26%
Hong Kong
0.25%
New Zealand
0.22%
Jamaica
0.22%
Portugal
0.21%
Norway
0.20%
Turkey
0.20%
Kazakhstan
0.18%
Barbados
0.18%
Macau
0.17%
Trinidad & Tobago
0.15%
Bahrain
0.14%
Zambia
0.13%
Bulgaria
0.13%
Ghana
0.13%
Lebanon
0.11%
Pakistan
0.11%
Belgium
0.09%
Sri Lanka
0.09%
Sweden
0.09%
Argentina
0.08%
Guatemala
0.08%
Denmark
0.08%
Peru
0.07%
Uruguay
0.06%
Morocco
0.05%
Chile
0.05%
Kenya
0.05%
Serbia
0.03%
Total Investments
100.00%
Net Currency Exposure Breakdown
Portfolio %
United States Dollar
101.02%
Japanese Yen
2.01%
Brazilian Real
1.43%
Indonesian Rupiah
0.98%
Dominican Peso
0.53%
New Turkish Lira
0.50%
Philippine Peso
0.30%
Indian Rupee
0.26%
Hungarian Forint
0.16%
Uruguayan Peso
0.07%
Great British Pound
0.03%
Mexican Peso
0.02%
South African Rand
0.01%
Colombian Peso
-0.02%
Norwegian Krone
-0.02%
Taiwan New Dollar
-0.50%
South Korean Won
-0.99%
Malaysian Ringgit
-0.99%
Euro
-1.88%
Australian Dollar
-2.92%
Total Net Assets
100.00%
Credit Rating
Portfolio %
AAA
-0.27%
AA
0.64%
A
2.23%
BBB
16.25%
BB
28.04%
B
25.31%
CCC
14.60%
CC
0.85%
C
0.02%
D
0.69%
Not Rated
7.12%
Short Term Investments
0.44%
N/A
4.08%
100.00%
Bonds By Maturity
Portfolio %
Less than 1 year
-6.10%
1 to 5 years
45.98%
5 to 10 years
43.39%
10 to 20 years
8.70%
20 to 30 years
5.43%
More than 30 years
1.88%
Other
0.72%
Total Net Assets
100.00%
Portfolio Statistics:
Average Coupon:
7.17%
Average Bond Price :
99.55
Percentage of Leverage:
Bank Borrowing:
0.00%
Investment Operations:
31.54%*
Preferred Stock:
0.00%
Tender Option Bonds:
0.00%
Term Asset-Backed Loans Facility (TALF):
0.00%
Total Fund Leverage:
31.54%
Average Maturity:
8.58 Years
Effective Duration:
4.96 Years
Total Net Assets:
$1,176.34 Million
Net Asset Value:
$13.64
Number of Holdings:
1175
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.