|
AB Global High Income
Fund, Inc.
|
|
|
|
|
Top 10 Fixed Income
Holdings
|
Portfolio
%
|
|
1) U.S. Treasury
Notes 0.875%, 4/15/19
|
5.48%
|
|
2) U.S. Treasury
Bonds 8.125%, 5/15/21
|
3.03%
|
|
3) Brazil Notas do
Tesouro Nacional Series F 10.00%, 1/01/21 - 1/01/27
|
2.92%
|
|
4) U.S. Treasury
Notes 1.25%, 1/31/20
|
1.10%
|
|
5) Wachovia Mortgage
Loan Trust Series Series 2006-ALT1, Class A2 0.667%,
1/25/37
|
0.85%
|
|
6) U.S. Treasury
Notes 2.25%, 11/15/25
|
0.79%
|
|
7) U.S. Treasury
Bonds 5.25%, 2/15/29
|
0.71%
|
|
8) Ivory Coast
Government International Bond 5.75%, 12/31/32
|
0.62%
|
|
9) Dominican Republic
International Bond 8.625%, 4/20/27
|
0.60%
|
|
10) Dominican
Republic International Bond 16.00%, 7/10/20
|
0.51%
|
|
|
|
Investment
Type
|
Portfolio
%
|
|
Corporates -
Non-Investment Grade
|
|
|
Industrial
|
|
|
Consumer
Non-Cyclical
|
7.17%
|
|
Communications -
Media
|
5.07%
|
|
Energy
|
5.04%
|
|
Communications -
Telecommunications
|
3.72%
|
|
Capital
Goods
|
3.23%
|
|
Consumer Cyclical -
Other
|
3.14%
|
|
Basic
|
2.91%
|
|
Technology
|
2.60%
|
|
Consumer Cyclical -
Retailers
|
1.88%
|
|
Consumer Cyclical -
Automotive
|
1.61%
|
|
Other
Industrial
|
1.03%
|
|
Transportation -
Services
|
0.87%
|
|
Services
|
0.68%
|
|
Consumer Cyclical -
Entertainment
|
0.56%
|
|
Transportation -
Airlines
|
0.42%
|
|
Consumer Cyclical -
Restaurants
|
0.28%
|
|
SUBTOTAL
|
40.21%
|
|
Credit Default
Swaps
|
11.40%
|
|
SUBTOTAL
|
11.40%
|
|
Financial
Institutions
|
|
|
Banking
|
2.71%
|
|
Finance
|
0.92%
|
|
Other
Finance
|
0.46%
|
|
Insurance
|
0.36%
|
|
REITS
|
0.03%
|
|
Brokerage
|
0.01%
|
|
SUBTOTAL
|
4.49%
|
|
Utility
|
|
|
Electric
|
1.49%
|
|
SUBTOTAL
|
1.49%
|
|
SUBTOTAL
|
57.59%
|
|
Global
Governments
|
15.86%
|
|
Collateralized
Mortgage Obligations
|
|
|
Risk Share Floating
Rate
|
8.83%
|
|
Non-Agency Fixed
Rate
|
2.79%
|
|
Non-Agency Floating
Rate
|
1.32%
|
|
SUBTOTAL
|
12.94%
|
|
Corporates -
Investment Grade
|
|
|
Industrial
|
|
|
Basic
|
1.61%
|
|
Technology
|
0.79%
|
|
Energy
|
0.63%
|
|
Capital
Goods
|
0.39%
|
|
Communications -
Media
|
0.27%
|
|
Communications -
Telecommunications
|
0.17%
|
|
Transportation -
Airlines
|
0.17%
|
|
Consumer
Non-Cyclical
|
0.12%
|
|
Other
Industrial
|
0.03%
|
|
Consumer Cyclical -
Other
|
0.02%
|
|
SUBTOTAL
|
4.20%
|
|
Financial
Institutions
|
|
|
Insurance
|
1.29%
|
|
Banking
|
0.52%
|
|
REITS
|
0.47%
|
|
Finance
|
0.28%
|
|
Brokerage
|
0.17%
|
|
SUBTOTAL
|
2.73%
|
|
Credit Default
Swaps
|
0.71%
|
|
SUBTOTAL
|
0.71%
|
|
Utility
|
|
|
Electric
|
0.38%
|
|
Natural
Gas
|
0.11%
|
|
SUBTOTAL
|
0.49%
|
|
SUBTOTAL
|
8.13%
|
|
Total Return
Swaps
|
6.41%
|
|
Interest Rate
Futures
|
5.51%
|
|
Commercial
Mortgage-Backed Securities
|
|
|
Non-Agency Fixed Rate
CMBS
|
3.93%
|
|
Credit Default
Swaps
|
0.82%
|
|
Non-Agency Floating
Rate CMBS
|
0.21%
|
|
SUBTOTAL
|
4.96%
|
|
Emerging Markets -
Sovereigns
|
3.81%
|
|
Emerging Markets -
Treasuries
|
3.71%
|
|
Bank Loans
|
|
|
Industrial
|
|
|
Technology
|
0.60%
|
|
Consumer
Non-Cyclical
|
0.59%
|
|
Consumer Cyclical -
Retailers
|
0.58%
|
|
Consumer Cyclical -
Other
|
0.45%
|
|
Other
Industrial
|
0.39%
|
|
Basic
|
0.27%
|
|
Consumer Cyclical -
Entertainment
|
0.24%
|
|
Capital
Goods
|
0.11%
|
|
Consumer Cyclical -
Automotive
|
0.07%
|
|
SUBTOTAL
|
3.30%
|
|
Utility
|
|
|
Electric
|
0.17%
|
|
SUBTOTAL
|
0.17%
|
|
Financial
Institutions
|
|
|
Insurance
|
0.04%
|
|
SUBTOTAL
|
0.04%
|
|
SUBTOTAL
|
3.51%
|
|
Emerging Markets -
Corporate Bonds
|
|
|
Industrial
|
|
|
Consumer
Non-Cyclical
|
0.40%
|
|
Transportation -
Airlines
|
0.28%
|
|
Consumer Cyclical -
Retailers
|
0.27%
|
|
Communications -
Telecommunications
|
0.24%
|
|
Basic
|
0.20%
|
|
Capital
Goods
|
0.19%
|
|
SUBTOTAL
|
1.58%
|
|
Financial
Institutions
|
|
|
Finance
|
0.11%
|
|
SUBTOTAL
|
0.11%
|
|
SUBTOTAL
|
1.69%
|
|
Asset-Backed
Securities
|
|
|
Home Equity Loans -
Fixed Rate
|
0.67%
|
|
Other ABS - Fixed
Rate
|
0.17%
|
|
Home Equity Loans -
Floating Rate
|
0.16%
|
|
Other ABS - Floating
Rate
|
0.12%
|
|
Autos - Fixed
Rate
|
0.06%
|
|
SUBTOTAL
|
1.18%
|
|
Governments -
Sovereign Agencies
|
1.00%
|
|
Whole Loan
Trusts
|
|
|
Performing
Asset
|
0.90%
|
|
SUBTOTAL
|
0.90%
|
|
Common
Stocks
|
0.69%
|
|
Local Governments -
Municipal Bonds
|
0.60%
|
|
Preferred
Stocks
|
|
|
Financial
Institutions
|
0.55%
|
|
Utility
|
0.03%
|
|
SUBTOTAL
|
0.58%
|
|
Equity
Futures
|
|
|
Equity Index
Futures
|
0.45%
|
|
SUBTOTAL
|
0.45%
|
|
Local Governments -
Regional Bonds
|
0.27%
|
|
Inflation-Linked
Securities
|
0.22%
|
|
Quasi-Sovereigns
|
|
|
Quasi-Sovereign
Bonds
|
0.22%
|
|
SUBTOTAL
|
0.22%
|
|
Investment
Companies
|
|
|
Funds and Investment
Trusts
|
0.17%
|
|
SUBTOTAL
|
0.17%
|
|
Warrants
|
0.03%
|
|
Options Purchased -
Puts
|
|
|
Options on
Equities
|
0.01%
|
|
SUBTOTAL
|
0.01%
|
|
Put Options
Written
|
-0.01%
|
|
Currency
Instruments
|
|
|
Forward Currency
Exchange Contracts
|
-0.06%
|
|
SUBTOTAL
|
-0.06%
|
|
Interest Rate
Swaps
|
-0.06%
|
|
Reverse Repurchase
Agreements
|
-9.71%
|
|
Net Cash
Equivalents
|
|
|
Investment
Companies
|
2.04%
|
|
Cash
|
1.85%
|
|
Emerging Markets -
Sovereigns
|
0.10%
|
|
SUBTOTAL
|
3.99%
|
|
Derivative
Offsets
|
|
|
Futures
Offsets
|
-5.92%
|
|
Swaps
Offsets
|
-18.67%
|
|
SUBTOTAL
|
-24.59%
|
|
Total
|
100.00%
|
|
|
|
Country
Breakdown
|
Portfolio
%
|
|
United
States
|
71.34%
|
|
Brazil
|
5.26%
|
|
United
Kingdom
|
2.98%
|
|
Canada
|
2.21%
|
|
Mexico
|
1.34%
|
|
Ireland
|
1.32%
|
|
Luxembourg
|
1.32%
|
|
Dominican
Republic
|
1.18%
|
|
France
|
1.17%
|
|
Indonesia
|
1.02%
|
|
Argentina
|
0.87%
|
|
Switzerland
|
0.83%
|
|
Netherlands
|
0.81%
|
|
Italy
|
0.75%
|
|
Ivory
Coast
|
0.68%
|
|
Turkey
|
0.66%
|
|
Colombia
|
0.65%
|
|
United Arab
Emirates
|
0.57%
|
|
Venezuela
|
0.48%
|
|
Germany
|
0.47%
|
|
South
Africa
|
0.41%
|
|
Croatia
|
0.36%
|
|
Spain
|
0.34%
|
|
Jamaica
|
0.30%
|
|
Ghana
|
0.21%
|
|
Barbados
|
0.20%
|
|
New
Zealand
|
0.20%
|
|
Australia
|
0.20%
|
|
Angola
|
0.19%
|
|
Portugal
|
0.19%
|
|
Trinidad &
Tobago
|
0.17%
|
|
Gabon
|
0.15%
|
|
Zambia
|
0.13%
|
|
Pakistan
|
0.13%
|
|
India
|
0.12%
|
|
Macau
|
0.10%
|
|
Sri Lanka
|
0.10%
|
|
Guatemala
|
0.08%
|
|
Cayman
Islands
|
0.08%
|
|
Denmark
|
0.08%
|
|
El
Salvador
|
0.07%
|
|
Peru
|
0.07%
|
|
Kenya
|
0.06%
|
|
Chile
|
0.05%
|
|
Finland
|
0.05%
|
|
Serbia
|
0.03%
|
|
Norway
|
0.02%
|
|
Total
|
100.00%
|
|
|
|
Net Currency Exposure
Breakdown
|
Portfolio
%
|
|
United States
Dollar
|
98.39%
|
|
Mexican
Peso
|
1.97%
|
|
Indian
Rupee
|
1.52%
|
|
New Turkish
Lira
|
1.45%
|
|
South African
Rand
|
1.31%
|
|
Russian
Rubles
|
1.20%
|
|
Brazilian
Real
|
1.14%
|
|
Indonesian
Rupiah
|
0.55%
|
|
Dominican
Peso
|
0.51%
|
|
Argentine
Peso
|
0.47%
|
|
Colombian
Peso
|
0.44%
|
|
Swedish
Krona
|
-0.01%
|
|
Great British
Pound
|
-0.04%
|
|
Swiss
Franc
|
-0.48%
|
|
Singapore
Dollar
|
-0.51%
|
|
Euro
|
-0.54%
|
|
Australian
Dollar
|
-0.96%
|
|
Taiwan New
Dollar
|
-0.98%
|
|
Japanese
Yen
|
-0.98%
|
|
Norwegian
Krone
|
-0.99%
|
|
Canadian
Dollar
|
-1.43%
|
|
Chinese Yuan Renminbi
(Offshore)
|
-2.03%
|
|
Total Net
Assets
|
100.00%
|
|
|
|
Credit
Rating
|
Portfolio
%
|
|
AAA
|
4.34%
|
|
AA
|
0.82%
|
|
A
|
2.17%
|
|
BBB
|
13.11%
|
|
BB
|
27.72%
|
|
B
|
22.97%
|
|
CCC
|
10.06%
|
|
CC
|
1.14%
|
|
C
|
0.27%
|
|
D
|
1.21%
|
|
Not Rated
|
11.21%
|
|
Short Term
Investments
|
2.14%
|
|
N/A
|
2.84%
|
|
Total
|
100.00%
|
|
|
|
Bonds By
Maturity
|
Portfolio
%
|
|
Less than 1
year
|
1.71%
|
|
1 to 5
years
|
43.27%
|
|
5 to 10
years
|
37.80%
|
|
10 to 20
years
|
9.54%
|
|
20 to 30
years
|
5.64%
|
|
More than 30
years
|
1.33%
|
|
Other
|
0.71%
|
|
Total Net
Assets
|
100.00%
|
|
|
|
Portfolio
Statistics:
|
|
|
Average
Coupon:
|
7.31%
|
|
Average Bond Price
:
|
100.66
|
|
Percentage of
Leverage (based on Gross Assets):
|
|
|
Bank
Borrowing:
|
0.00%
|
|
Investment
Operations:
|
36.31%*
|
|
Preferred
Stock:
|
0.00%
|
|
Tender Option
Bonds:
|
0.00%
|
|
VMTP
Shares:
|
0.00%
|
|
Total Fund
Leverage:
|
36.31%
|
|
Average Effective
Maturity:
|
7.54 Years
|
|
Effective
Duration:
|
4.77 Years
|
|
Total Net
Assets:
|
$1,155.74
Million
|
|
Net Asset
Value:
|
$13.40
|
|
Number of
Holdings:
|
1183
|
|
Portfolio
Turnover:
|
42%
|
|
|
|
* 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.
|
|