A Comprehensive Look at AllianceBernstein's Latest Fund Update

AllianceBernstein Global High Income Fund Overview

The AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] has recently published its portfolio update, showcasing the fund's strategic direction and investment allocations. This insightful report highlights key aspects of its current financial health and positioning within the wider market.

Top Fixed-Income Holdings

In maintaining a balanced portfolio, the fund has focused on various fixed-income securities. Here are some of the top ten holdings along with their respective portfolio percentages:

Key Fixed-Income Holdings

• U.S. Treasury Notes 2.25%, 02/15/27 - 1.06%
• CCO Holdings 4.50%, 08/15/30 - 06/01/33 - 0.78%
• CCO Holdings 4.75%, 02/01/32 - 0.62%
• Dominican Republic Intl Bond 8.625%, 04/20/27 - 0.60%
• Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 - 0.53%
• AMMC CLO 25 Ltd. 11.406%, 04/15/35 - 0.51%
• DaVita, Inc. 4.625%, 06/01/30 - 0.45%
• Altice France SA 5.125%, 01/15/29 - 07/15/29 - 0.43%
• Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28 - 0.43%
• Palmer Square CLO Ltd. 11.068%, 01/15/35 - 0.42%

Investment Type Distribution

The composition of the fund reflects a diverse range of investment types. Here’s a summary of the principal sectors represented in the portfolio:

Investment Types

• Corporates - Non-Investment Grade: 7.47%
• Consumer Non-Cyclical: 7.21%
• Energy: 6.49%
• Communications - Media: 6.49%
• Capital Goods: 4.78%
• Basic: 4.53%
• Consumer Cyclical - Other: 3.67%
• Consumer Cyclical - Retailers: 3.42%
• Communications - Telecommunications: 3.31%
• Services: 3.09%

Country Allocation Overview

A well-rounded geographical investment strategy has also been a focus for the fund. Here are the primary countries represented in the portfolio, along with their respective percentages:

Country Breakdown

• United States: 67.52%
• United Kingdom: 3.23%
• Canada: 2.44%
• France: 2.33%
• Germany: 1.63%

Fund's Performance and Strategy

With a strong emphasis on strategic asset allocation, the fund actively manages its investments to maximize value for its stakeholders. As of the latest reporting period, the fund is maintaining a robust position, which is further supported by a detailed review of its financial statistics.

Portfolio Statistics

• Average Coupon: 7.34%
• Average Bond Price: 96.09
• Effective Duration: 3.13 Years
• Total Net Assets: $978.89 Million
• Net Asset Value: $11.35
• Total Number of Holdings: 1,252
• Portfolio Turnover: 45.00%

Conclusion

AllianceBernstein Global High Income Fund, Inc. continues to navigate the complexities of the financial landscape with a strategic approach to its investment portfolio. Its ability to adapt and respond to current market conditions positions it well for future growth and stability.

Frequently Asked Questions

What is the AllianceBernstein Global High Income Fund?

This fund aims to provide high income through investments in a diversified portfolio of global fixed income securities.

What are the top holdings in the fund?

Major holdings include U.S. Treasury Notes, CCO Holdings bonds, and several corporate bonds, comprising a significant portion of the total portfolio.

How does the fund manage risk?

The fund employs strategic asset allocation and diversification across sectors and geographies to help mitigate investment risks.

What is the fund's investment strategy?

The strategy focuses on maximizing income while maintaining a balanced and diversified approach to asset allocation.

How can the historical performance be evaluated?

Investors should consider various factors including the yield, duration, and sector allocations while evaluating the fund's historical performance.

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