AllianceBernstein Global High Income Fund, Inc. Releases Monthly Portfolio Update

AllianceBernstein Global High Income Fund, Inc.

Top 10 Fixed-Income Holdings

Portfolio %

1) U.S. Treasury Notes 2.25%, 02/15/27

1.06 %

2) NFE Financing LLC 12.00%, 11/15/29

0.83 %

3) CCO Holdings 4.50%, 08/15/30 – 06/01/33

0.78 %

4) CCO Holdings 4.75%, 02/01/32

0.63 %

5) Dominican Republic Intl Bond 8.625%, 04/20/27

0.60 %

6) Royal Caribbean Cruises 5.50%, 08/31/26 – 04/01/28

0.53 %

7) AMMC CLO 25 Ltd. 11.406%, 04/15/35

0.51 %

8) Altice France SA 5.125%, 01/15/29 – 07/15/29

0.49 %

9) Palmer Square CLO Ltd. 11.068%, 01/15/35

0.42 %

10) EchoStar Corp. 10.75%, 11/30/29

0.42 %

Investment Type

Portfolio %

Corporates – Non-Investment Grade

Industrial

Energy

7.46 %

Consumer Non-Cyclical

7.05 %

Communications – Media

6.94 %

Capital Goods

4.21 %

Basic

3.92 %

Communications – Telecommunications

3.80 %

Consumer Cyclical – Other

3.71 %

Consumer Cyclical – Retailers

3.19 %

Services

2.79 %

Consumer Cyclical – Automotive

2.20 %

Technology

1.97 %

Consumer Cyclical – Entertainment

1.68 %

Transportation – Services

1.36 %

Transportation – Airlines

0.74 %

Consumer Cyclical – Restaurants

0.52 %

Other Industrial

0.41 %

Transportation – Railroads

0.05 %

SUBTOTAL

52.00 %

Credit Default Swaps

14.35 %

Financial Institutions

Finance

2.17 %

REITs

1.40 %

Brokerage

1.17 %

Insurance

0.88 %

Other Finance

0.53 %

Banking

0.51 %

SUBTOTAL

6.66 %

Utility

Electric

1.35 %

Natural Gas

0.06 %

SUBTOTAL

1.41 %

SUBTOTAL

74.42 %

Corporates – Investment Grade

Industrial

Communications – Media

1.23 %

Energy

1.11 %

Consumer Cyclical – Automotive

0.91 %

Consumer Cyclical – Other

0.73 %

Basic

0.66 %

Consumer Non-Cyclical

0.62 %

Capital Goods

0.43 %

Transportation – Airlines

0.39 %

Consumer Cyclical – Entertainment

0.31 %

Transportation – Services

0.21 %

Consumer Cyclical – Retailers

0.20 %

Other Industrial

0.05 %

Technology

0.03 %

Transportation – Railroads

0.03 %

Services

0.02 %

SUBTOTAL

6.93 %

Financial Institutions

Banking

4.14 %

Insurance

0.79 %

Finance

0.64 %

REITs

0.37 %

Brokerage

0.13 %

SUBTOTAL

6.07 %

Utility

Electric

1.36 %

Other Utility

0.05 %

SUBTOTAL

1.41 %

SUBTOTAL

14.41 %

Emerging Markets – Corporate Bonds

Industrial

Basic

1.88 %

Energy

1.23 %

Consumer Cyclical – Other

0.97 %

Consumer Non-Cyclical

0.76 %

Capital Goods

0.29 %

Communications – Telecommunications

0.15 %

Consumer Cyclical – Retailers

0.14 %

Transportation – Services

0.07 %

Communications – Media

0.06 %

Other Industrial

0.03 %

SUBTOTAL

5.58 %

Utility

Electric

0.42 %

Other Utility

0.07 %

SUBTOTAL

0.49 %

Financial Institutions

Banking

0.12 %

Other Finance

0.02 %

SUBTOTAL

0.14 %

SUBTOTAL

6.21 %

Bank Loans

Industrial

Consumer Non-Cyclical

0.98 %

Technology

0.95 %

Communications – Media

0.67 %

Communications – Telecommunications

0.51 %

Transportation – Airlines

0.23 %

Capital Goods

0.20 %

Other Industrial

0.20 %

Transportation – Services

0.17 %

Energy

0.15 %

Consumer Cyclical – Retailers

0.05 %

Consumer Cyclical – Restaurants

0.02 %

SUBTOTAL

4.13 %

Financial Institutions

Insurance

0.38 %

Brokerage

0.16 %

Finance

0.02 %

SUBTOTAL

0.56 %

SUBTOTAL

4.69 %

Interest Rate Futures

3.24 %

Collateralized Mortgage Obligations

Risk Share Floating Rate

1.55 %

Non-Agency Fixed Rate

0.31 %

Non-Agency Floating Rate

0.28 %

Agency Fixed Rate

0.21 %

SUBTOTAL

2.35 %

Emerging Markets – Sovereigns

2.32 %

Collateralized Loan Obligations

CLO – Floating Rate

2.28 %

SUBTOTAL

2.28 %

U.S. Govt & Agency Securities

1.62 %

Quasi-Sovereigns

Quasi-Sovereign Bonds

1.20 %

SUBTOTAL

1.20 %

Local Governments – US Municipal Bonds

0.39 %

Commercial Mortgage-Backed Securities

Non-Agency Fixed Rate CMBS

0.35 %

SUBTOTAL

0.35 %

Asset-Backed Securities

Other ABS – Floating Rate

0.21 %

Autos – Fixed Rate

0.08 %

SUBTOTAL

0.29 %

Emerging Markets – Treasuries

0.23 %

Inflation-Linked Securities

0.22 %

Common Stocks

0.19 %

Preferred Stocks

Industrials

0.09 %

SUBTOTAL

0.09 %

Forward Currency Exchange Contracts

Currency Instruments

0.08 %

SUBTOTAL

0.08 %

Reverse Repurchase Agreements

-0.28 %

EM Government Agencies

-0.89 %

Cash & Cash Equivalents

Cash

1.69 %

Funds and Investment Trusts

1.14 %

Corporates – Non-Investment Grade

0.05 %

SUBTOTAL

2.88 %

Derivative Offsets

Futures Offsets

-3.23 %

Swap Offsets

-13.06 %

SUBTOTAL

-16.29 %

TOTAL

100.00 %

Country Breakdown

Portfolio %

United States

68.04 %

United Kingdom

3.37 %

Canada

2.43 %

France

2.31 %

Brazil

1.48 %

Colombia

1.38 %

Germany

1.37 %

Mexico

1.35 %

Spain

1.22 %

Italy

1.18 %

India

1.04 %

Luxembourg

0.97 %

Dominican Republic

0.85 %

South Africa

0.85 %

Israel

0.81 %

Chile

0.78 %

Australia

0.69 %

China

0.61 %

Peru

0.58 %

Nigeria

0.57 %

Netherlands

0.56 %

Hong Kong

0.53 %

Macau

0.52 %

Puerto Rico

0.44 %

Kazakhstan

0.36 %

Turkey

0.36 %

Indonesia

0.34 %

Angola

0.32 %

Finland

0.32 %

Switzerland

0.31 %

Ireland

0.30 %

Jersey (Channel Islands)

0.29 %

Egypt

0.24 %

Norway

0.21 %

Slovenia

0.20 %

Panama

0.19 %

Romania

0.18 %

Zambia

0.17 %

El Salvador

0.16 %

Azerbaijan

0.11 %

Guatemala

0.11 %

Ukraine

0.11 %

Ecuador

0.08 %

Malaysia

0.08 %

Cayman Islands

0.07 %

Japan

0.07 %

Argentina

0.05 %

Jamaica

0.05 %

Austria

0.04 %

Czech Republic

0.04 %

Kuwait

0.04 %

Morocco

0.04 %

Serbia

0.03 %

Uzbekistan

0.03 %

Trinidad and Tobago

0.02 %

Cash & Cash Equivalents

1.15 %

Total Investments

100.00 %

Net Currency Exposure Breakdown

Portfolio %

US Dollar

100.18 %

Canadian Dollar

0.18 %

Pound Sterling

0.11 %

Dominican Peso

0.07 %

Norwegian Krone

0.02 %

Brazilian Real

0.01 %

Indonesian Rupiah

0.01 %

Swedish Krona

0.01 %

South African Rand

0.01 %

Czech Koruna

-0.01 %

South Korean Won

-0.01 %

Colombian Peso

-0.11 %

Euro

-0.47 %

Total Net Assets

100.00 %

Credit Rating

Portfolio %

AAA

1.13 %

AA

0.20 %

A

1.24 %

BBB

15.57 %

BB

44.23 %

B

23.14 %

CCC

8.34 %

CC

0.20 %

C

0.03 %

Not Rated

2.53 %

Short Term Investments

1.19 %

Reverse Repurchase Agreements

-0.29 %

N/A

2.49 %

Total

100.00 %

Bonds by Maturity

Portfolio %

Less than 1 Year

7.81 %

1 To 5 Years

65.75 %

5 To 10 Years

21.73 %

10 To 20 Years

2.77 %

20 To 30 Years

0.96 %

More than 30 Years

0.79 %

Other

0.19 %

Total Net Assets

100.00 %

Portfolio Statistics:

Average Coupon:

7.36 %

Average Bond Price:

95.99

Percentage of Leverage(based on gross assets):

Bank Borrowing:

0.00 %

Investment Operations:*

14.18 %

Preferred Stock:

0.00 %

Tender Option Bonds:

0.00 %

VMTP Shares:

0.00 %

VRDP Shares:

0.00 %

Total Fund Leverage:

14.18 %

Average Maturity:

    4.51 Years

Effective Duration:

    3.05 Years

Total Net Assets:

$978.32 Million

Net Asset Value:

$11.35

Total Number of Holdings:

1,218

Portfolio Turnover:

45.00 %

* 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.