AllianceBernstein Fund Provides Insightful Monthly Review

Author: Henry Turner Updated: 02-24-2025 04:14 PM

Latest Portfolio Update from AllianceBernstein

AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) has released its latest portfolio update, reflecting its investment performance and strategic positions. Investors can gain valuable insights into current holdings and market dynamics by diving into this update.

Overview of Portfolio Composition

Top Fixed-Income Holdings

The top 10 fixed-income holdings of the fund continue to showcase a blend of stability and potential return. Below are the most notable fixed-income positions:

1) U.S. Treasury Notes 2.25%, 02/15/27 - 1.05%
2) CCO Holdings 4.50%, 08/15/30 - 0.79%
3) NFE Financing LLC 12.00%, 11/15/29 - 0.75%
4) CCO Holdings 4.75%, 02/01/32 - 0.64%
5) EchoStar Corp. 10.75%, 11/30/29 - 0.61%
6) Dominican Republic Intl Bond 8.625%, 04/20/27 - 0.60%
7) Royal Caribbean Cruises 5.50%, 08/31/26 - 0.53%
8) Altice France SA 5.125%, 01/15/29 - 0.52%
9) AMMC CLO 25 Ltd. 11.052%, 04/15/35 - 0.51%
10) Bausch Health Cos., Inc. 4.875%, 06/01/28 - 0.42%

Investment Strategy and Asset Allocation

Sector Breakdown

The fund's investment strategy seems to focus heavily on sectors that promise steady returns. Here’s a snapshot of the percentage allocated to various investment types:

Corporates - Non-Investment Grade: 53.51%
Credit Default Swaps: 14.27%
Financial Institutions: 6.60%
Utilities: 1.40%
Emerging Markets: Varied allocations across countries contributing to currency exposure.

Currency and Geographic Exposure

Country and Currency Distribution

The fund maintains its assets across diverse geographies, which is crucial for risk management and diversification. Notably, a substantial portion of its assets is concentrated in:

United States: 68.32%
United Kingdom: 3.53%
France: 2.60%
Canada: 2.36%
Brazil: 1.82%

Performance Metrics and Fund Stability

The average coupon of the portfolio stands at an impressive 7.53%, indicating robust income generation capabilities. Furthermore, the total net assets of the fund are reported at approximately $985.21 million, reflecting a solid capital foundation.

Average Maturity and Duration

Investors should note that the average maturity of the investment portfolio is approximately 4.34 years, while the effective duration is about 3.07 years. These metrics are necessary for understanding the interest rate sensitivity of the fund.

Regular Updates and Contact Information

For ongoing assistance and detailed inquiries regarding the AllianceBernstein Global High Income Fund, interested parties are encouraged to connect with customer service for further insights. Well-informed investors can benefit significantly from understanding the changing landscapes of their investments.

Frequently Asked Questions

What is the primary focus of AllianceBernstein Global High Income Fund, Inc.?

The fund primarily invests in fixed-income securities to provide high income through dividends and interest payments while managing risk through diversifying its holdings.

What are the latest performance statistics?

The portfolio's average coupon is 7.53%, with notable holdings influencing the fund's overall performance.

How does currency exposure affect the fund?

The fund invests in various currencies, which helps diversify risk and can enhance returns based on foreign exchange movements.

What is the total net asset value of the fund?

The total net assets of the fund stand at approximately $985.21 million.

Who manages the portfolio of the AllianceBernstein Fund?

The fund is managed by a specialized team at AllianceBernstein, which employs sophisticated strategies to maximize returns.

About The Author

Hi there, As a writer and financial specialist, Henry Turner is passionate about guiding people through the complex world of finance. Having worked in finance for many years, I am an expert at simplifying difficult financial ideas into understandable, useful insights for my blog and articles. My goal is to arm you with the confidence and information you need to make wise financial choices.

Writing for a number of financial blogs has allowed me to interact with readers from novice investors looking for fresh ideas to seasoned investors starting their financial journeys. My mission is to enable everyone to understand and access finance, so enabling you to confidently and clearly reach your financial goals. I appreciate you traveling with me toward success and financial literacy.

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