PR Newswire
NEW YORK, July 26, 2021 /PRNewswire/ — AB Global High Income Fund, Inc. (NYSE: AWF) (the “Fund”) today released its monthly portfolio update as of June 30, 2021.
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AB Global High Income Fund, Inc. |
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1) U.S. Treasury Notes 2.25%, 2/15/27 |
1.80% |
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2) U.S. Treasury Notes 2.875%, 8/15/28 |
1.26% |
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3) Argentine Republic Government International Bond 0.125%, 7/09/30 – 7/09/41 |
0.71% |
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4) CCO Holdings LLC/CCO Holdings Capital Corp. 4.50%, 8/15/30 – 6/01/33 |
0.70% |
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5) Dominican Republic International Bond 8.625%, 4/20/27 |
0.62% |
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6) Sirius XM Radio, Inc. 4.00%, 7/15/28 |
0.60% |
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7) Altice France SA/France 5.125%, 7/15/29 |
0.56% |
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8) Nigeria Government International Bond 7.625%, 11/21/25 – 11/28/47 |
0.47% |
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9) Vistra Operations Co. LLC 4.375%, 5/01/29 |
0.46% |
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10) Ukraine Government International Bond 7.75%, 9/01/22 – 9/01/24 |
0.44% |
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Corporates – Non-Investment Grade |
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Industrial |
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Energy |
6.88% |
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Communications – Media |
5.28% |
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Consumer Non-Cyclical |
5.04% |
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Communications – Telecommunications |
3.58% |
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Basic |
3.40% |
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Consumer Cyclical – Other |
2.69% |
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Services |
2.64% |
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Technology |
2.54% |
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Capital Goods |
2.54% |
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Consumer Cyclical – Automotive |
2.54% |
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Consumer Cyclical – Entertainment |
2.44% |
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Consumer Cyclical – Retailers |
2.15% |
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Consumer Cyclical – Restaurants |
0.64% |
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Transportation – Services |
0.51% |
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Transportation – Airlines |
0.44% |
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Other Industrial |
0.19% |
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SUBTOTAL |
43.50% |
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Credit Default Swaps |
22.10% |
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SUBTOTAL |
22.10% |
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Financial Institutions |
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Banking |
2.48% |
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Finance |
1.63% |
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REITS |
1.13% |
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Insurance |
0.83% |
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Other Finance |
0.44% |
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Brokerage |
0.30% |
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SUBTOTAL |
6.81% |
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Utility |
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Electric |
1.17% |
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Other Utility |
0.14% |
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SUBTOTAL |
1.31% |
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SUBTOTAL |
73.72% |
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Corporates – Investment Grade |
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Financial Institutions |
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Banking |
4.20% |
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Insurance |
1.45% |
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Finance |
0.50% |
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Brokerage |
0.12% |
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REITS |
0.12% |
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Other Finance |
0.02% |
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SUBTOTAL |
6.41% |
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Industrial |
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Basic |
0.72% |
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Consumer Cyclical – Other |
0.63% |
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Transportation – Airlines |
0.50% |
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Energy |
0.49% |
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Consumer Non-Cyclical |
0.37% |
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Technology |
0.31% |
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Capital Goods |
0.21% |
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Other Industrial |
0.19% |
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Consumer Cyclical – Automotive |
0.11% |
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Communications – Media |
0.05% |
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Consumer Cyclical – Retailers |
0.04% |
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Services |
0.02% |
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SUBTOTAL |
3.64% |
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SUBTOTAL |
10.05% |
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Emerging Markets – Sovereigns |
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Emerging Markets – Sovereigns |
7.67% |
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Credit Default Swaps |
0.23% |
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SUBTOTAL |
7.90% |
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Collateralized Mortgage Obligations |
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Risk Share Floating Rate |
6.50% |
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Non-Agency Fixed Rate |
0.52% |
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Non-Agency Floating Rate |
0.43% |
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Agency Fixed Rate |
0.39% |
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SUBTOTAL |
7.84% |
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Commercial Mortgage-Backed Securities |
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Credit Default Swaps |
4.05% |
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Non-Agency Fixed Rate CMBS |
0.97% |
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Non-Agency Floating Rate CMBS |
0.02% |
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SUBTOTAL |
5.04% |
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Bank Loans |
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Industrial |
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Consumer Non-Cyclical |
0.95% |
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Communications – Telecommunications |
0.66% |
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Technology |
0.63% |
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Capital Goods |
0.54% |
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Other Industrial |
0.31% |
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Energy |
0.27% |
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Consumer Cyclical – Retailers |
0.24% |
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Services |
0.23% |
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Communications – Media |
0.22% |
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Consumer Cyclical – Other |
0.21% |
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Consumer Cyclical – Restaurants |
0.11% |
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Consumer Cyclical – Entertainment |
0.08% |
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Consumer Cyclical – Automotive |
0.07% |
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SUBTOTAL |
4.52% |
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Financial Institutions |
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Insurance |
0.22% |
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SUBTOTAL |
0.22% |
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Utility |
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Electric |
0.17% |
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SUBTOTAL |
0.17% |
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SUBTOTAL |
4.91% |
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Interest Rate Futures |
4.39% |
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Emerging Markets – Corporate Bonds |
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Industrial |
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Basic |
1.42% |
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Energy |
0.76% |
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Consumer Cyclical – Other |
0.61% |
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Communications – Telecommunications |
0.40% |
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Capital Goods |
0.35% |
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Consumer Non-Cyclical |
0.16% |
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Communications – Media |
0.07% |
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Services |
0.03% |
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SUBTOTAL |
3.80% |
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Utility |
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Electric |
0.40% |
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SUBTOTAL |
0.40% |
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Financial Institutions |
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Banking |
0.06% |
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Insurance |
0.04% |
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Other Finance |
0.02% |
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Finance |
0.02% |
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SUBTOTAL |
0.14% |
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SUBTOTAL |
4.34% |
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Global Governments |
3.98% |
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Common Stocks |
1.75% |
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Collateralized Loan Obligations |
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CLO – Floating Rate |
1.72% |
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SUBTOTAL |
1.72% |
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Quasi-Sovereigns |
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Quasi-Sovereign Bonds |
1.35% |
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SUBTOTAL |
1.35% |
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Total Return Swaps |
0.94% |
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Asset-Backed Securities |
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Other ABS – Fixed Rate |
0.29% |
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Autos – Fixed Rate |
0.27% |
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Home Equity Loans – Fixed Rate |
0.22% |
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Home Equity Loans – Floating Rate |
0.01% |
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SUBTOTAL |
0.79% |
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Preferred Stocks |
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Industrial |
0.34% |
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Financial Institutions |
0.10% |
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SUBTOTAL |
0.44% |
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Local Governments – US Municipal Bonds |
0.34% |
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Inflation-Linked Securities |
0.23% |
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Currency Instruments |
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Forward Currency Exchange Contracts |
0.14% |
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SUBTOTAL |
0.14% |
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Warrants |
0.07% |
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Reverse Repurchase Agreements |
-0.06% |
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Net Cash Equivalents |
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Investment Companies |
2.59% |
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Cash |
0.11% |
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Foreign Currency |
-0.02% |
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SUBTOTAL |
2.68% |
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Derivative Offsets |
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Futures Offsets |
-4.29% |
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Swaps Offsets |
-28.27% |
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SUBTOTAL |
-32.56% |
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Total |
100.00% |
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United States |
71.68% |
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United Kingdom |
2.65% |
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Canada |
2.27% |
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Mexico |
1.57% |
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France |
1.41% |
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Luxembourg |
1.23% |
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Brazil |
1.18% |
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Cayman Islands |
0.98% |
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Egypt |
0.96% |
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Switzerland |
0.85% |
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Spain |
0.85% |
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Nigeria |
0.80% |
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Argentina |
0.75% |
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Ukraine |
0.74% |
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Italy |
0.74% |
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Bahrain |
0.67% |
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Dominican Republic |
0.67% |
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Oman |
0.57% |
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Ivory Coast |
0.56% |
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Zambia |
0.52% |
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Colombia |
0.52% |
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Finland |
0.46% |
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Netherlands |
0.45% |
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Sweden |
0.44% |
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Ghana |
0.41% |
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Angola |
0.39% |
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Germany |
0.38% |
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Peru |
0.37% |
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Macau |
0.36% |
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Senegal |
0.35% |
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Gabon |
0.34% |
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Jersey (Channel Islands) |
0.29% |
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Australia |
0.29% |
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El Salvador |
0.28% |
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Denmark |
0.25% |
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Indonesia |
0.25% |
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Jamaica |
0.24% |
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Hong Kong |
0.24% |
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Israel |
0.22% |
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Bermuda |
0.21% |
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India |
0.20% |
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Kenya |
0.19% |
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China |
0.18% |
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Turkey |
0.17% |
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Ecuador |
0.17% |
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South Africa |
0.15% |
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Chile |
0.13% |
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Japan |
0.11% |
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Venezuela |
0.07% |
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Ireland |
0.07% |
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Panama |
0.06% |
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Kuwait |
0.04% |
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Morocco |
0.04% |
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Belgium |
0.02% |
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Norway |
0.01% |
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100.00% |
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United States Dollar |
100.41% |
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Canadian Dollar |
0.06% |
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Great British Pound |
0.06% |
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Norwegian Krone |
0.02% |
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Argentine Peso |
0.01% |
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Indian Rupee |
0.01% |
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South Korean Won |
0.01% |
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Malaysian Ringgit |
0.01% |
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Russian Rubles |
0.01% |
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Brazilian Real |
-0.01% |
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Japanese Yen |
-0.01% |
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Mexican Peso |
-0.01% |
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Colombian Peso |
-0.09% |
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Euro |
-0.48% |
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Total Net Assets |
100.00% |
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AAA |
3.33% |
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AA |
0.64% |
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A |
0.80% |
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BBB |
14.62% |
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BB |
33.26% |
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B |
26.36% |
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CCC |
9.55% |
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CC |
0.21% |
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C |
0.16% |
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D |
0.20% |
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Not Rated |
4.93% |
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Short Term Investments |
2.59% |
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Reverse Repurchase Agreements |
-0.06% |
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N/A |
3.41% |
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Total |
100.00% |
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Less than 1 year |
9.31% |
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1 to 5 years |
55.68% |
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5 to 10 years |
23.31% |
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10 to 20 years |
5.89% |
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20 to 30 years |
3.57% |
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More Than 30 years |
0.43% |
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Other |
1.81% |
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Total Net Assets |
100.00% |
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Average Coupon: |
7.03% |
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Average Bond Price: |
104.28 |
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Percentage of Leverage(based on gross assets): |
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Bank Borrowing: |
0.00% |
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Investment Operations: |
28.15% |
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Preferred stock: |
0.00% |
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Tender Option Bonds: |
0.00% |
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VMTP Shares: |
0.00% |
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Total Fund Leverage: |
28.15% |
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Average Maturity: |
5.56 Years |
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Effective Duration: |
4.29 Years |
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Total Net Assets: |
$1,128.26 Million |
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Net Asset Value: |
$13.08 |
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Number of Holdings: |
1723 |
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Portfolio Turnover: |
51% |
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* 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. |
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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. |
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View original content:https://www.prnewswire.com/news-releases/ab-global-high-income-fund-releases-monthly-portfolio-update-301341392.html
SOURCE AB Global High Income Fund, Inc.
