AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update

From the Wires

Dec. 24, 2012 04:06 PM

NEW YORK, Dec. 24, 2012 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of November 30, 2012.

AllianceBernstein Global High Income Fund, Inc.

Top 10 Fixed Income Holdings
		Portfolio %
1) U.S. Treasury Bonds 3.125%, 2/15/42		1.82%
2) Russian Agricultural Bank OJSC Via RSHB Capital SA 7.75%, 5/29/18		0.93%
3) Republic of Brazil 12.50%, 1/05/22		0.87%
4) Argentina Bonos 7.00%, 10/03/15		0.81%
5) Ivory Coast Government International Bond 3.75%, 12/31/32		0.76%
6) Dominican Republic International Bond 8.625%, 4/20/27		0.68%
7) Turkey Government Bond 9.00%, 1/27/16		0.63%
8) El Salvador Government International Bond 7.65%, 6/15/35		0.52%
9) South Africa Government Bond Series R207 7.25%, 1/15/20		0.48%
10) Argentina Bonos Series X 7.00%, 4/17/17		0.47%

Fixed Income Holdings by Security Type
	Portfolio %
Corporates - Non-Investment Grades
Industrial
Consumer Non-Cyclical	6.81%
Capital Goods	5.72%
Energy	4.60%
Communications - Media	4.50%
Basic	4.07%
Technology	3.67%
Consumer Cyclical - Other	3.49%
Communications - Telecommunications	3.38%
Consumer Cyclical - Automotive	1.67%
Services	1.66%
Other Industrial	1.55%
Consumer Cyclical - Retailers	1.41%
Transportation - Services	0.95%
Consumer Cyclical - Entertainment	0.68%
Transportation - Airlines	0.44%
Consumer Cyclical - Restaurants	0.25%
Transportation - Railroads	0.03%
SUBTOTAL	44.88%
Financial Institutions
Banking	1.77%
Finance	1.11%
Other Finance	0.88%
Insurance	0.59%
Brokerage	0.36%
SUBTOTAL	4.71%
Utility
Electric	1.82%
Natural Gas	0.99%
SUBTOTAL	2.81%
SUBTOTAL	52.40%
Governments - Treasuries
Treasuries	8.14%
SUBTOTAL	8.14%
Corporates - Investment Grades
Financial Institutions
Insurance	2.28%
Banking	1.68%
REITS	0.48%
Finance	0.39%
Other Finance	0.21%
Brokerage	0.09%
SUBTOTAL	5.13%
Industrial
Basic	1.13%
Energy	0.36%
Consumer Cyclical - Other	0.29%
Other Industrial	0.18%
Communications - Telecommunications	0.17%
Capital Goods	0.10%
Consumer Cyclical - Retailers	0.08%
Transportation - Airlines	0.07%
SUBTOTAL	2.38%
Non Corporate Sectors
Agencies - Not Government Guaranteed	0.39%
SUBTOTAL	0.39%
Utility
Electric	0.15%
SUBTOTAL	0.15%
SUBTOTAL	8.05%
Emerging Markets - Sovereigns	4.56%
Collateralized Mortgage Obligations
Non-Agency Fixed Rate	2.44%
Non-Agency Floating Rate	1.75%
SUBTOTAL	4.19%
Emerging Markets - Corporate Bonds
Industrial
Basic	1.16%
Consumer Cyclical - Other	0.57%
Communications - Media	0.52%
Consumer Non-Cyclical	0.41%
Other Industrial	0.33%
Capital Goods	0.29%
Technology	0.23%
Communications - Telecommunications	0.21%
Transportation - Services	0.13%
Energy	0.09%
Consumer Cyclical - Retailers	0.08%
SUBTOTAL	4.02%
Financial Institutions
Other Finance	0.14%
Banking	0.03%
SUBTOTAL	0.17%
SUBTOTAL	4.19%
Commercial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS	2.85%
Non-Agency Floating Rate CMBS	0.22%
SUBTOTAL	3.07%
Bank Loans
Industrial
Technology	0.47%
Consumer Non-Cyclical	0.33%
Basic	0.32%
Consumer Cyclical - Other	0.27%
Consumer Cyclical - Automotive	0.24%
Communications - Media	0.19%
Consumer Cyclical - Retailers	0.15%
Other Industrial	0.11%
Capital Goods	0.09%
Consumer Cyclical - Entertainment	0.09%
Energy	0.07%
Services	0.01%
SUBTOTAL	2.34%
Financial Institutions
REITS	0.30%
SUBTOTAL	0.30%
Non Corporate Sectors
Foreign Local Government - Municipal	0.08%
SUBTOTAL	0.08%
Utility
Other Utility	0.08%
SUBTOTAL	0.08%
SUBTOTAL	2.80%
Quasi-Sovereigns
Quasi-Sovereign Bonds	2.31%
SUBTOTAL	2.31%
Emerging Markets - Treasuries	1.90%
Asset-Backed Securities
Home Equity Loans - Fixed Rate	0.75%
Home Equity Loans - Floating Rate	0.40%
SUBTOTAL	1.15%
Preferred Stocks
Financial Institutions	1.05%
Non Corporate Sectors	0.01%
SUBTOTAL	1.06%
Local Governments - Municipal Bonds	0.95%
Governments - Sovereign Agencies	0.90%
Supranationals	0.58%
Local Governments - Regional Bonds	0.55%
Governments - Sovereign Bonds	0.45%
Inflation-Linked Securities	0.44%
Common Stocks	0.19%
Options Purchased - Puts
Options on Funds and Investment Trusts	0.10%
SUBTOTAL	0.10%
Short-Term Investments
Investment Companies	1.88%
Governments - Sovereign Bonds	0.14%
Total Fixed Income	100.00%


Country Breakdown
	Portfolio %
United States	65.26%
Brazil	3.56%
Russia	3.51%
United Kingdom	3.17%
Argentina	1.45%
Luxembourg	1.42%
Canada	1.29%
Dominican Republic	1.15%
Netherlands	1.08%
Germany	1.00%
South Africa	0.96%
Turkey	0.90%
Indonesia	0.78%
El Salvador	0.77%
Cote D'Ivoire	0.76%
Switzerland	0.76%
Mexico	0.76%
Hungary	0.67%
Ireland	0.63%
Italy	0.61%
Peru	0.58%
Supranational	0.58%
Ukraine	0.58%
United Arab Emirates	0.51%
Colombia	0.48%
France	0.48%
Portugal	0.48%
Spain	0.48%
Kazakhstan	0.46%
Croatia	0.45%
Uruguay	0.44%
Australia	0.35%
Chile	0.33%
Japan	0.32%
Barbados	0.31%
India	0.31%
Philippines	0.28%
Serbia	0.25%
Ghana	0.23%
China	0.21%
Norway	0.21%
Sweden	0.18%
Hong Kong	0.18%
Trinidad & Tobago	0.15%
Nigeria	0.14%
Singapore	0.12%
Czech Republic	0.11%
Bermuda	0.09%
Denmark	0.08%
Austria	0.08%
Virgin Islands (BVI)	0.06%
Total Investments	100.00%


Net Currency Exposure Breakdown
	Portfolio %
United States Dollar	99.26%
Mexican Peso	2.00%
New Turkish Lira	1.03%
Brazilian Real	0.66%
Dominican Peso	0.52%
Russian Rubles	0.49%
Uruguayan Peso	0.49%
Philippine Peso	0.31%
Colombian Peso	0.23%
Chilean Peso	0.23%
Nigerian Naira	0.15%
Hungarian Forint	0.11%
Indonesian Rupiah	0.08%
Australian Dollar	0.04%
South African Rand	-0.01%
Great British Pound	-0.03%
Canadian Dollar	-1.09%
Japanese Yen	-1.88%
Euro	-2.59%
Total Investments	100.00%


Credit Quality Breakdown
	Portfolio %
AAA	5.57%
AA	0.30%
A	6.64%
BBB	15.73%
BB	23.40%
B	30.57%
CCC	12.13%
CC	0.35%
C	0.03%
D	0.76%
Not Rated	2.49%
Short Term Investments	2.03%
Total Investments	100.00%

Portfolio Statistics:
Average Coupon:	8.63%
Average Bond Price :	N/A
Percentage of Leverage:
Bank Borrowing:	0.00%
Investment Operations:	11.46%*
Preferred Stock:	0.00%
Tender Option Bonds:	0.00%
Term Asset-Backed Loans Facility (TALF):	0.00%
Total Fund Leverage:	11.46%
Average Maturity:	7.41 Years
Effective Duration:	4.88 Years
Total Net Assets:	$1,333.09 Million
Net Asset Value:	$15.52
Number of Holdings:	937
Portfolio Turnover:	26%

* 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.

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.