AllianceBernstein Fund Monthly Portfolio Update
Today, AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) reveals its portfolio update, offering insights into its financial holdings as of the last reporting date. This update is essential for investors wanting an overview of the fund's investment approach and allocation strategy.
Top 10 Fixed-Income Holdings
The portfolio comprises significant fixed-income positions, including:
Details of Leading Holdings
- 1) U.S. Treasury Notes 2.25%, 02/15/27 - 1.05%
- 2) CCO Holdings 4.50%, 08/15/30 - 06/01/33 - 0.80%
- 3) CCO Holdings 4.75%, 02/01/32 - 0.64%
- 4) Dominican Republic Intl Bond 8.625%, 04/20/27 - 0.60%
- 5) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28 - 0.53%
- 6) AMMC CLO 25 Ltd. 11.406%, 04/15/35 - 0.51%
- 7) Altice France SA 5.125%, 01/15/29 - 07/15/29 - 0.46%
- 8) DaVita, Inc. 4.625%, 06/01/30 - 0.46%
- 9) Bausch Health Cos., Inc. 4.875%, 06/01/28 - 0.43%
- 10) EchoStar Corp. 10.75%, 11/30/29 - 0.42%
Investment Type Overview
The fund maintains a diverse portfolio with the following investment allocations:
Portfolio Types Breakdown
- Corporates - Non-Investment Grade
- Credit Default Swaps - 14.44%
- Financial Institutions Investments
- Utilities - 1.35%
- Total Investments - 100%
Country Diversification
The geographical distribution of the portfolio reveals a strong focus on U.S. investments:
- United States - 68.28%
- United Kingdom - 3.37%
- Canada - 2.47%
- France - 2.28%
- Germany - 1.54%
Currency Exposure Overview
The portfolio also exhibits a notable currency exposure: 100.27% in US Dollars, with minor percentages attributed to Canadian Dollars, Pound Sterling and others. This highlights the fund’s significant reliance on the U.S. market while maintaining a very modest exposure to international currencies.
Credit Rating Insights
The credit rating composition of the portfolio is as follows:
Detailed Credit Ratings
- AAA - 1.36%
- AA - 0.20%
- A - 1.24%
- BBB - 15.93%
- BB - 44.82%
Portfolio Statistics and Performance
The fund reports its performance metrics, offering insight into its operational effectiveness:
Statistical Highlights
- Average Coupon - 7.45%
- Average Bond Price - 96.67
- Average Maturity - 4.57 Years
- Effective Duration - 3.06 Years
- Total Net Assets - $987.60 Million
- Portfolio Turnover - 45.00%
Frequently Asked Questions
1. What type of securities does the AllianceBernstein Fund primarily invest in?
The fund primarily invests in fixed-income securities with a focus on corporate bonds and other debt instruments.
2. How large is the portfolio of AllianceBernstein Global High Income Fund?
The current total net assets of the fund amount to approximately $987.60 million.
3. What is the average coupon of the bonds in the fund?
The fund's average coupon rate is reported at 7.45%.
4. What percentage of the portfolio is invested in U.S. securities?
Approximately 68.28% of the portfolio is invested in U.S. securities.
5. How does the fund manage currency exposure?
The fund has a predominant currency exposure to the US Dollar, comprising 100.27% of the portfolio, showcasing its focus on the U.S. market.
