AWF AllianceBernstein Global High Income Fund Inc

AllianceBernstein Global High Income Fund, Inc.

Top 10 Fixed-Income Holdings

Portfolio %

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

1.07 %

2) CCO Holdings 4.50%, 08/15/30 - 06/01/33

0.69 %

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

0.65 %

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

0.62 %

5) Sirius XM Radio, Inc. 4.00%, 07/15/28

0.59 %

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

0.53 %

7) AMMC CLO 25 Ltd. 12.984%, 04/15/35

0.51 %

8) Palmer Square CLO Ltd. 11.805%, 01/15/35

0.42 %

9) Altice France SA/France 5.125%, 07/15/29

0.42 %

10) Carnival Holdings Bermuda 10.375%, 05/01/28

0.40 %

Investment Type

Portfolio %

Corporates - Non-Investment Grade

Industrial

Communications - Media

7.28 %

Consumer Non-Cyclical

6.68 %

Energy

6.36 %

Capital Goods

4.47 %

Services

3.18 %

Basic

3.17 %

Consumer Cyclical - Other

3.02 %

Consumer Cyclical - Entertainment

2.70 %

Communications - Telecommunications

2.68 %

Technology

2.63 %

Consumer Cyclical - Retailers

2.48 %

Consumer Cyclical - Automotive

2.46 %

Transportation - Services

1.07 %

Transportation - Airlines

0.91 %

Consumer Cyclical - Restaurants

0.38 %

Other Industrial

0.31 %

SUBTOTAL

49.78 %

Credit Default Swaps

16.19 %

Financial Institutions

Finance

2.43 %

REITs

1.13 %

Brokerage

0.95 %

Insurance

0.51 %

Other Finance

0.35 %

Banking

0.28 %

SUBTOTAL

5.65 %

Utility

Electric

0.45 %

Other Utility

0.15 %

Natural Gas

0.03 %

SUBTOTAL

0.63 %

SUBTOTAL

72.25 %

Corporates - Investment Grade

Industrial

Consumer Cyclical - Automotive

2.24 %

Energy

2.08 %

Consumer Non-Cyclical

1.26 %

Basic

1.04 %

Consumer Cyclical - Other

0.86 %

Communications - Media

0.65 %

Transportation - Airlines

0.30 %

Consumer Cyclical - Retailers

0.23 %

Consumer Cyclical - Entertainment

0.21 %

Services

0.19 %

Communications - Telecommunications

0.18 %

Capital Goods

0.14 %

Technology

0.13 %

Other Industrial

0.10 %

Transportation - Services

0.10 %

Transportation - Railroads

0.04 %

SUBTOTAL

9.75 %

Financial Institutions

Banking

6.26 %

Insurance

1.17 %

Finance

1.13 %

REITs

0.19 %

Brokerage

0.11 %

SUBTOTAL

8.86 %

Utility

Electric

0.59 %

SUBTOTAL

0.59 %

SUBTOTAL

19.20 %

Interest Rate Futures

9.63 %

Emerging Markets - Corporate Bonds

Industrial

Basic

1.13 %

Consumer Cyclical - Other

1.08 %

Consumer Non-Cyclical

0.83 %

Energy

0.67 %

Capital Goods

0.26 %

Technology

0.20 %

Communications - Media

0.15 %

Communications - Telecommunications

0.13 %

Consumer Cyclical - Retailers

0.09 %

Services

0.04 %

Transportation - Services

0.02 %

SUBTOTAL

4.60 %

Utility

Electric

0.36 %

SUBTOTAL

0.36 %

Financial Institutions

Banking

0.14 %

Other Finance

0.02 %

SUBTOTAL

0.16 %

SUBTOTAL

5.12 %

Collateralized Loan Obligations

CLO - Floating Rate

4.21 %

SUBTOTAL

4.21 %

Bank Loans

Industrial

Communications - Telecommunications

0.68 %

Technology

0.68 %

Consumer Non-Cyclical

0.54 %

Energy

0.37 %

Capital Goods

0.32 %

Communications - Media

0.24 %

Other Industrial

0.22 %

Consumer Cyclical - Automotive

0.09 %

Consumer Cyclical - Retailers

0.05 %

Consumer Cyclical - Restaurants

0.02 %

SUBTOTAL

3.21 %

Financial Institutions

Insurance

0.17 %

Finance

0.02 %

SUBTOTAL

0.19 %

Utility

Electric

0.18 %

SUBTOTAL

0.18 %

SUBTOTAL

3.58 %

Collateralized Mortgage Obligations

Risk Share Floating Rate

2.42 %

Non-Agency Fixed Rate

0.34 %

Non-Agency Floating Rate

0.30 %

Agency Fixed Rate

0.25 %

SUBTOTAL

3.31 %

Emerging Markets - Sovereigns

Emerging Markets - Sovereigns

2.30 %

Credit Default Swaps

0.27 %

SUBTOTAL

2.57 %

Commercial Mortgage-Backed Securities

Credit Default Swaps

1.30 %

Non-Agency Fixed Rate CMBS

0.46 %

Non-Agency Floating Rate CMBS

0.03 %

SUBTOTAL

1.79 %

U.S. Govt & Agency Securities

1.67 %

Total Return Swaps

1.12 %

Quasi-Sovereigns

Quasi-Sovereign Bonds

0.82 %

SUBTOTAL

0.82 %

Common Stocks

0.50 %

Local Governments - US Municipal Bonds

0.42 %

Inflation-Linked Securities

0.22 %

EM Government Agencies

0.13 %

Preferred Stocks

Industrials

0.10 %

SUBTOTAL

0.10 %

Asset-Backed Securities

Autos - Fixed Rate

0.08 %

Other ABS - Floating Rate

0.01 %

SUBTOTAL

0.09 %

Forward Currency Exchange Contracts

Currency Instruments

-0.20 %

SUBTOTAL

-0.20 %

Reverse Repurchase Agreements

-0.84 %

Cash & Cash Equivalents

Funds and Investment Trusts

1.33 %

Cash

0.22 %

SUBTOTAL

1.55 %

Derivative Offsets

Futures Offsets

-9.34 %

Swap Offsets

-17.90 %

SUBTOTAL

-27.24 %

TOTAL

100.00 %

Country Breakdown

Portfolio %

United States

70.68 %

United Kingdom

3.79 %

France

2.36 %

Germany

2.13 %

Canada

1.86 %

Spain

1.35 %

Luxembourg

1.31 %

Brazil

1.28 %

Mexico

1.09 %

Italy

1.00 %

Colombia

0.98 %

India

0.80 %

Australia

0.78 %

China

0.63 %

Dominican Republic

0.62 %

Nigeria

0.60 %

Macau

0.57 %

Hong Kong

0.53 %

Switzerland

0.52 %

Israel

0.49 %

Netherlands

0.47 %

South Africa

0.33 %

Finland

0.32 %

Angola

0.31 %

Kazakhstan

0.30 %

Norway

0.30 %

Turkey

0.30 %

Peru

0.29 %

Ireland

0.28 %

El Salvador

0.20 %

Chile

0.19 %

Ukraine

0.18 %

Zambia

0.18 %

Egypt

0.17 %

Japan

0.17 %

Argentina

0.16 %

Slovenia

0.16 %

Guatemala

0.15 %

Indonesia

0.14 %

Czech Republic

0.12 %

Venezuela

0.11 %

Sweden

0.10 %

Jamaica

0.06 %

Jersey (Channel Islands)

0.06 %

Ghana

0.05 %

Panama

0.05 %

Senegal

0.05 %

Kuwait

0.04 %

Malaysia

0.02 %

Trinidad and Tobago

0.02 %

Ecuador

0.01 %

Cash & Cash Equivalents

1.34 %

Total Investments

100.00 %

Net Currency Exposure Breakdown

Portfolio %

US Dollar

100.26 %

Canadian Dollar

0.19 %

Pound Sterling

0.07 %

Indonesian Rupiah

0.01 %

Indian Rupee

0.01 %

Japanese Yen

0.01 %

Norwegian Krone

0.01 %

Swiss Franc

-0.01 %

Czech Koruna

-0.01 %

Hungarian Forint

-0.01 %

Peruvian Sol

-0.01 %

Swedish Krona

-0.01 %

Colombian Peso

-0.14 %

Euro

-0.37 %

Total Net Assets

100.00 %

Credit Rating

Portfolio %

AAA

1.77 %

AA

0.59 %

A

2.58 %

BBB

18.79 %

BB

41.01 %

B

23.65 %

CCC

6.50 %

CC

0.17 %

C

0.11 %

D

0.01 %

Not Rated

3.00 %

Short Term Investments

1.33 %

Reverse Repurchase Agreements

-0.84 %

N/A

1.33 %

Total

100.00 %

Bonds by Maturity

Portfolio %

Less than 1 Year

3.10 %

1 To 5 Years

58.59 %

5 To 10 Years

31.69 %

10 To 20 Years

3.06 %

20 To 30 Years

0.87 %

More than 30 Years

2.19 %

Other

0.50 %

Total Net Assets

100.00 %

Portfolio Statistics:

Average Coupon:

7.50 %

Average Bond Price:

94.24

Percentage of Leverage(based on gross assets):

Bank Borrowing:

0.00 %

Investment Operations:*

18.29 %

Preferred Stock:

0.00 %

Tender Option Bonds:

0.00 %

VMTP Shares:

0.00 %

Total Fund Leverage:

18.29 %

Average Maturity:

    6.03 Years

Effective Duration:

    3.69 Years

Total Net Assets:

$962.97 Million

Net Asset Value:

$11.17

Total Number of Holdings:

1,387

Portfolio Turnover:

40.00 %