|
AB Global High Income
Fund, Inc.
|
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|
|
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Top 10
Fixed-Income Holdings
|
|
Portfolio
%
|
|
1) U.S. Treasury
Notes 2.25%, 2/15/27
|
|
1.79%
|
|
2) U.S. Treasury
Notes 2.875%, 8/15/28
|
|
1.26%
|
|
3) CCO Holdings
LLC/CCO Holdings Capital Corp. 4.50%, 8/15/30 -
6/01/33
|
0.69%
|
|
4) Dominican Republic
International Bond 8.625%, 4/20/27
|
0.62%
|
|
5) Altice France
SA/France 5.125%, 7/15/29
|
0.55%
|
|
6) Sirius XM Radio,
Inc. 4.00%, 7/15/28
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0.52%
|
|
7) Altice Financing
SA 5.75%, 8/15/29
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|
0.50%
|
|
8) Royal Caribbean
Cruises Ltd. 5.50%, 8/31/26 - 4/01/28
|
0.49%
|
|
9) Nigeria Government
International Bond 7.625%, 11/21/25 -
11/28/47
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0.46%
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|
10) Vistra Operations
Co. LLC 4.375%, 5/01/29
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0.45%
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Investment
Type
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Portfolio
%
|
|
Corporates -
Non-Investment Grade
|
|
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Industrial
|
|
|
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Energy
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|
7.33%
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|
Consumer
Non-Cyclical
|
|
6.28%
|
|
Communications -
Media
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|
5.56%
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|
Services
|
|
3.51%
|
|
Basic
|
|
3.02%
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|
Communications -
Telecommunications
|
|
2.94%
|
|
Consumer Cyclical -
Other
|
|
2.88%
|
|
Consumer Cyclical -
Automotive
|
|
2.80%
|
|
Capital
Goods
|
|
2.65%
|
|
Consumer Cyclical -
Entertainment
|
|
2.57%
|
|
Technology
|
|
2.53%
|
|
Consumer Cyclical -
Retailers
|
|
2.23%
|
|
Transportation -
Services
|
|
0.70%
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|
Consumer Cyclical -
Restaurants
|
|
0.64%
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|
Transportation -
Airlines
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|
0.49%
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|
Other
Industrial
|
|
0.19%
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SUBTOTAL
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|
46.32%
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|
Credit Default
Swaps
|
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20.29%
|
|
SUBTOTAL
|
|
20.29%
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|
Financial
Institutions
|
|
|
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Banking
|
|
2.25%
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|
Finance
|
|
1.67%
|
|
REITs
|
|
1.41%
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|
Insurance
|
|
0.89%
|
|
Brokerage
|
|
0.39%
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Other
Finance
|
|
0.23%
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|
SUBTOTAL
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|
6.84%
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Utility
|
|
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Electric
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1.30%
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SUBTOTAL
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1.30%
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SUBTOTAL
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74.75%
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Corporates -
Investment Grade
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|
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|
Financial
Institutions
|
|
|
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Banking
|
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3.47%
|
|
Insurance
|
|
1.68%
|
|
Finance
|
|
0.62%
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REITs
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0.26%
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Brokerage
|
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0.12%
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Other
Finance
|
|
0.02%
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SUBTOTAL
|
|
6.17%
|
|
Industrial
|
|
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Basic
|
|
1.00%
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|
Communications -
Telecommunications
|
|
0.68%
|
|
Energy
|
|
0.57%
|
|
Consumer Cyclical -
Other
|
|
0.54%
|
|
Consumer
Non-Cyclical
|
|
0.50%
|
|
Transportation -
Airlines
|
|
0.44%
|
|
Technology
|
|
0.26%
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|
Capital
Goods
|
|
0.22%
|
|
Other
Industrial
|
|
0.15%
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|
Consumer Cyclical -
Automotive
|
|
0.11%
|
|
Communications -
Media
|
|
0.10%
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|
Services
|
|
0.04%
|
|
Consumer Cyclical -
Retailers
|
|
0.03%
|
|
SUBTOTAL
|
|
4.64%
|
|
Utility
|
|
|
|
Electric
|
|
0.01%
|
|
SUBTOTAL
|
|
0.01%
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SUBTOTAL
|
|
10.82%
|
|
Collateralized
Mortgage Obligations
|
|
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|
Risk Share Floating
Rate
|
|
5.94%
|
|
Non-Agency Fixed
Rate
|
|
0.49%
|
|
Non-Agency Floating
Rate
|
|
0.40%
|
|
Agency Fixed
Rate
|
|
0.36%
|
|
SUBTOTAL
|
|
7.19%
|
|
Emerging Markets -
Sovereigns
|
|
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Emerging Markets -
Sovereigns
|
|
6.84%
|
|
Credit Default
Swaps
|
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0.23%
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SUBTOTAL
|
|
7.07%
|
|
Commercial
Mortgage-Backed Securities
|
|
|
|
Credit Default
Swaps
|
|
4.08%
|
|
Non-Agency Fixed Rate
CMBS
|
|
1.04%
|
|
Non-Agency Floating
Rate CMBS
|
|
0.02%
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SUBTOTAL
|
|
5.14%
|
|
Emerging Markets -
Corporate Bonds
|
|
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Industrial
|
|
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Basic
|
|
1.47%
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|
Energy
|
|
0.77%
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|
Consumer Cyclical -
Other
|
|
0.57%
|
|
Capital
Goods
|
|
0.34%
|
|
Communications -
Telecommunications
|
|
0.34%
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Consumer
Non-Cyclical
|
|
0.16%
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|
Technology
|
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0.14%
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Services
|
|
0.07%
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|
Communications -
Media
|
|
0.04%
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SUBTOTAL
|
|
3.90%
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|
Financial
Institutions
|
|
|
|
REITs
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0.49%
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|
Banking
|
|
0.05%
|
|
Insurance
|
|
0.04%
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|
Other
Finance
|
|
0.02%
|
|
Finance
|
|
0.02%
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|
SUBTOTAL
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0.62%
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|
Utility
|
|
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Electric
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0.37%
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SUBTOTAL
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0.37%
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|
SUBTOTAL
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4.89%
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Bank Loans
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Industrial
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Technology
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0.85%
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Consumer
Non-Cyclical
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|
0.76%
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Communications -
Telecommunications
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0.71%
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Capital
Goods
|
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0.56%
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Other
Industrial
|
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0.28%
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Consumer Cyclical -
Retailers
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0.24%
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Communications -
Media
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0.22%
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|
Consumer Cyclical -
Other
|
|
0.20%
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|
Services
|
|
0.18%
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|
Consumer Cyclical -
Restaurants
|
|
0.08%
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|
Energy
|
|
0.05%
|
|
Consumer Cyclical -
Automotive
|
|
0.04%
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|
SUBTOTAL
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|
4.17%
|
|
Utility
|
|
|
|
Electric
|
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0.23%
|
|
SUBTOTAL
|
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0.23%
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|
Financial
Institutions
|
|
|
|
Insurance
|
|
0.22%
|
|
SUBTOTAL
|
|
0.22%
|
|
SUBTOTAL
|
|
4.62%
|
|
Interest Rate
Futures
|
|
4.56%
|
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Global
Governments
|
|
3.87%
|
|
Collateralized Loan
Obligations
|
|
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|
CLO - Floating
Rate
|
|
2.06%
|
|
SUBTOTAL
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2.06%
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Common
Stocks
|
|
1.84%
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|
Quasi-Sovereigns
|
|
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Quasi-Sovereign
Bonds
|
|
1.20%
|
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SUBTOTAL
|
|
1.20%
|
|
Total Return
Swaps
|
|
0.91%
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|
Asset-Backed
Securities
|
|
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Other ABS - Fixed
Rate
|
|
0.24%
|
|
Home Equity Loans -
Fixed Rate
|
|
0.21%
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Autos - Fixed
Rate
|
|
0.07%
|
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SUBTOTAL
|
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0.52%
|
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Local Governments -
US Municipal Bonds
|
|
0.47%
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|
Preferred
Stocks
|
|
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Industrial
|
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0.37%
|
|
Financial
Institutions
|
|
0.10%
|
|
SUBTOTAL
|
|
0.47%
|
|
Inflation-Linked
Securities
|
|
0.23%
|
|
Currency
Instruments
|
|
|
|
Forward Currency
Exchange Contracts
|
|
0.11%
|
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SUBTOTAL
|
|
0.11%
|
|
Warrants
|
|
0.06%
|
|
Reverse Repurchase
Agreements
|
|
-0.35%
|
|
Net Cash
Equivalents
|
|
|
|
Investment
Companies
|
|
0.89%
|
|
Cash
|
|
0.37%
|
|
Foreign
Currency
|
|
-0.02%
|
|
SUBTOTAL
|
|
1.24%
|
|
Derivative
Offsets
|
|
|
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Futures
Offsets
|
|
-4.62%
|
|
Swaps
Offsets
|
|
-27.05%
|
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SUBTOTAL
|
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-31.67%
|
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Total
|
|
100.00%
|
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Country
Breakdown
|
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Portfolio
%
|
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United
States
|
|
71.76%
|
|
United
Kingdom
|
|
3.28%
|
|
Canada
|
|
2.22%
|
|
France
|
|
1.66%
|
|
Luxembourg
|
|
1.54%
|
|
Brazil
|
|
1.32%
|
|
Mexico
|
|
1.24%
|
|
Spain
|
|
1.24%
|
|
Nigeria
|
|
0.77%
|
|
Argentina
|
|
0.73%
|
|
Germany
|
|
0.73%
|
|
China
|
|
0.71%
|
|
Ukraine
|
|
0.71%
|
|
Egypt
|
|
0.69%
|
|
Bahrain
|
|
0.67%
|
|
Switzerland
|
|
0.65%
|
|
Dominican
Republic
|
|
0.62%
|
|
Italy
|
|
0.57%
|
|
Colombia
|
|
0.55%
|
|
Ivory
Coast
|
|
0.54%
|
|
Zambia
|
|
0.52%
|
|
Oman
|
|
0.50%
|
|
Finland
|
|
0.47%
|
|
Sweden
|
|
0.42%
|
|
Netherlands
|
|
0.41%
|
|
Ghana
|
|
0.39%
|
|
Angola
|
|
0.38%
|
|
Senegal
|
|
0.35%
|
|
India
|
|
0.34%
|
|
Gabon
|
|
0.34%
|
|
Macau
|
|
0.33%
|
|
Peru
|
|
0.32%
|
|
Jersey (Channel
Islands)
|
|
0.30%
|
|
Australia
|
|
0.29%
|
|
El
Salvador
|
|
0.24%
|
|
Israel
|
|
0.23%
|
|
Jamaica
|
|
0.22%
|
|
Indonesia
|
|
0.22%
|
|
Hong Kong
|
|
0.21%
|
|
South
Africa
|
|
0.19%
|
|
Ecuador
|
|
0.17%
|
|
Ireland
|
|
0.16%
|
|
Denmark
|
|
0.13%
|
|
Turkey
|
|
0.12%
|
|
Japan
|
|
0.10%
|
|
Chile
|
|
0.10%
|
|
Bermuda
|
|
0.08%
|
|
Venezuela
|
|
0.07%
|
|
Panama
|
|
0.06%
|
|
Kuwait
|
|
0.04%
|
|
Morocco
|
|
0.03%
|
|
Cayman
Islands
|
|
0.02%
|
|
Belgium
|
|
0.02%
|
|
Czech
Republic
|
|
0.02%
|
|
Norway
|
|
0.01%
|
|
Total
Investments
|
|
100.00%
|
|
|
|
|
Net Currency
Exposure Breakdown
|
|
Portfolio
%
|
|
United States
Dollar
|
|
100.21%
|
|
Canadian
Dollar
|
|
0.11%
|
|
Great British
Pound
|
|
0.02%
|
|
Norwegian
Krone
|
|
0.02%
|
|
Argentine
Peso
|
|
0.01%
|
|
Malaysian
Ringgit
|
|
0.01%
|
|
Russian
Rubles
|
|
0.01%
|
|
Singapore
Dollar
|
|
0.01%
|
|
South African
Rand
|
|
0.01%
|
|
Swiss
Franc
|
|
-0.01%
|
|
Chilean
Peso
|
|
-0.01%
|
|
Taiwan New
Dollar
|
|
-0.01%
|
|
Colombian
Peso
|
|
-0.10%
|
|
Euro
|
|
-0.28%
|
|
Total Net
Assets
|
|
100.00%
|
|
|
|
|
Credit
Rating
|
|
Portfolio
%
|
|
AAA
|
|
4.11%
|
|
AA
|
|
0.30%
|
|
A
|
|
0.72%
|
|
BBB
|
|
14.78%
|
|
BB
|
|
35.10%
|
|
B
|
|
27.48%
|
|
CCC
|
|
8.62%
|
|
CC
|
|
0.19%
|
|
C
|
|
0.15%
|
|
D
|
|
0.19%
|
|
Not Rated
|
|
4.89%
|
|
Short Term
Investments
|
|
0.89%
|
|
Reverse Repurchase
Agreements
|
|
-0.35%
|
|
N/A
|
|
2.93%
|
|
Total
|
|
100.00%
|
|
|
|
|
Bonds By
Maturity
|
|
Portfolio
%
|
|
Less than 1
year
|
|
10.00%
|
|
1 to 5
years
|
|
47.23%
|
|
5 to 10
years
|
|
31.39%
|
|
10 to 20
years
|
|
5.93%
|
|
20 to 30
years
|
|
3.30%
|
|
More Than 30
years
|
|
0.25%
|
|
Other
|
|
1.90%
|
|
Total Net
Assets
|
|
100.00%
|
|
|
|
|
Portfolio
Statistics:
|
|
|
|
Average
Coupon:
|
|
6.99%
|
|
Average Bond
Price:
|
|
102.48
|
|
Percentage of
Leverage(based on gross assets):
|
|
|
Bank
Borrowing:
|
|
0.00%
|
|
Investment
Operations:
|
|
27.17%
|
|
Preferred
stock:
|
|
0.00%
|
|
Tender Option
Bonds:
|
|
0.00%
|
|
VMTP
Shares:
|
|
0.00%
|
|
Total Fund
Leverage:
|
|
27.17%
|
|
Average
Maturity:
|
|
5.71
Years
|
|
Effective
Duration:
|
|
4.43
Years
|
|
Total Net
Assets:
|
|
$1,113.04
Million
|
|
Net Asset
Value:
|
|
$12.91
|
|
Number of
Holdings:
|
|
1648
|
|
Portfolio
Turnover:
|
|
51%
|
|
|
|
|
* 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.
|