AB Global High Income Fund Releases Monthly Portfolio Update

0
1
FP Markets premiado como Mejor Bróker de Valor Forex Global en los Global Forex Awards 2019

AB Global High Income Fund, Inc.









Top 10 Fixed-Income Holdings


Portfolio %

1) U.S. Treasury Notes  2.25%, 2/15/27


2.49%

2) Brazil Notas do Tesouro Nacional Series F 10.00%, 1/01/21

1.74%

3) U.S. Treasury Notes  2.875%, 8/15/28


1.57%

4) Argentine Republic Government International Bond  0.125%, 7/09/30 – 7/09/41

0.96%

5) Indonesia Treasury Bond Series FR78 8.25%, 5/15/29

0.70%

6) Dominican Republic International Bond  8.625%, 4/20/27

0.64%

7) Colombian TES Series B 10.00%, 7/24/24

0.56%

8) Ukraine Government International Bond  7.75%, 9/01/22 – 9/01/24

0.49%

9) U.S. Treasury Bonds  5.25%, 2/15/29


0.44%

10) Oman Government International Bond  4.125%, 1/17/23

0.40%




Investment Type


Portfolio %

Corporates – Non-Investment Grade



Industrial



Energy


3.35%

Communications – Media


3.24%

Consumer Non-Cyclical


3.10%

Basic


2.96%

Consumer Cyclical – Other


2.82%

Capital Goods


2.50%

Services


2.10%

Consumer Cyclical – Automotive


2.05%

Communications – Telecommunications


2.01%

Consumer Cyclical – Retailers


1.62%

Technology


1.59%

Consumer Cyclical – Entertainment


1.49%

Transportation – Services


0.54%

Other Industrial


0.33%

Consumer Cyclical – Restaurants


0.31%

Transportation – Airlines


0.17%

SUBTOTAL


30.18%

Credit Default Swaps


29.12%

SUBTOTAL


29.12%

Financial Institutions



Banking


2.53%

Finance


0.93%

REITS


0.77%

Insurance


0.71%

Brokerage


0.49%

Other Finance


0.44%

SUBTOTAL


5.87%

Utility



Electric


0.59%

SUBTOTAL


0.59%

SUBTOTAL


65.76%

Corporates – Investment Grade



Financial Institutions



Banking


5.38%

Insurance


2.00%

Finance


0.57%

REITS


0.44%

Brokerage


0.14%

Other Finance


0.02%

SUBTOTAL


8.55%

Industrial



Energy


1.47%

Basic


1.01%

Consumer Cyclical – Other


0.91%

Technology


0.74%

Consumer Cyclical – Automotive


0.73%

Transportation – Airlines


0.49%

Consumer Non-Cyclical


0.41%

Transportation – Services


0.34%

Communications – Telecommunications


0.29%

Services


0.26%

Other Industrial


0.18%

Capital Goods


0.18%

Communications – Media


0.13%

Consumer Cyclical – Retailers


0.06%

SUBTOTAL


7.20%

Utility



Electric


0.06%

SUBTOTAL


0.06%

SUBTOTAL


15.81%

Emerging Markets – Sovereigns



Emerging Markets – Sovereigns


10.16%

Credit Default Swaps


0.47%

SUBTOTAL


10.63%

Collateralized Mortgage Obligations



Risk Share Floating Rate


8.42%

Non-Agency Fixed Rate


0.67%

Non-Agency Floating Rate


0.56%

Agency Fixed Rate


0.52%

SUBTOTAL


10.17%

Global Governments


7.91%

Interest Rate Futures


6.36%

Commercial Mortgage-Backed Securities



Credit Default Swaps


4.57%

Non-Agency Fixed Rate CMBS


1.32%

Non-Agency Floating Rate CMBS


0.09%

SUBTOTAL


5.98%

Bank Loans



Industrial



Consumer Non-Cyclical


1.14%

Technology


0.85%

Capital Goods


0.55%

Consumer Cyclical – Other


0.53%

Services


0.52%

Consumer Cyclical – Retailers


0.27%

Energy


0.20%

Communications – Media


0.16%

Other Industrial


0.13%

Consumer Cyclical – Restaurants


0.11%

Communications – Telecommunications


0.10%

Consumer Cyclical – Entertainment


0.08%

Consumer Cyclical – Automotive


0.08%

Basic


0.05%

Transportation – Airlines


0.02%

SUBTOTAL


4.79%

Utility



Electric


0.19%

SUBTOTAL


0.19%

Financial Institutions



Insurance


0.13%

Finance


0.03%

SUBTOTAL


0.16%

SUBTOTAL


5.14%

Emerging Markets – Corporate Bonds



Industrial



Basic


1.21%

Energy


0.71%

Consumer Cyclical – Other


0.48%

Consumer Non-Cyclical


0.41%

Communications – Telecommunications


0.28%

Capital Goods


0.23%

Communications – Media


0.08%

Transportation – Services


0.05%

SUBTOTAL


3.45%

Utility



Electric


0.39%

SUBTOTAL


0.39%

Financial Institutions



Banking


0.05%

Insurance


0.01%

SUBTOTAL


0.06%

SUBTOTAL


3.90%

Emerging Markets – Treasuries


1.74%

Total Return Swaps


1.37%

Collateralized Loan Obligations



CLO – Floating Rate


1.32%

SUBTOTAL


1.32%

Quasi-Sovereigns



Quasi-Sovereign Bonds


1.10%

SUBTOTAL


1.10%

Asset-Backed Securities



Other ABS – Fixed Rate


0.51%

Autos – Fixed Rate


0.28%

Home Equity Loans – Fixed Rate


0.28%

Home Equity Loans – Floating Rate


0.01%

SUBTOTAL


1.08%

Common Stocks


1.06%

Investment Companies



Funds and Investment Trusts


0.52%

SUBTOTAL


0.52%

Local Governments – US Municipal Bonds


0.37%

Inflation-Linked Securities


0.25%

Preferred Stocks



Financial Institutions


0.12%

Industrial


0.09%

Utility


0.01%

SUBTOTAL


0.22%

Currency Instruments



Forward Currency Exchange Contracts


0.06%

SUBTOTAL


0.06%

Warrants


0.02%

Options Purchased – Puts



Swaptions


0.01%

SUBTOTAL


0.01%

Whole Loan Trusts



Performing Asset


0.01%

SUBTOTAL


0.01%

Reverse Repurchase Agreements


-0.05%

Net Cash Equivalents



Cash


1.99%

Investment Companies


0.59%

Governments – Treasuries


0.27%

Foreign Currency


-0.03%

SUBTOTAL


2.82%

Derivative Offsets



Futures Offsets


-6.38%

Swaps Offsets


-37.18%

SUBTOTAL


-43.56%

Total


100.00%




Country Breakdown


Portfolio %

United States


65.19%

Brazil


4.56%

United Kingdom


2.55%

Canada


1.62%

Mexico


1.60%

Egypt


1.32%

Netherlands


1.20%

France


1.13%

Colombia


1.12%

Argentina


1.01%

Dominican Republic


1.01%

Cayman Islands


0.97%

Italy


0.91%

Switzerland


0.88%

Luxembourg


0.84%

Indonesia


0.79%

Ukraine


0.78%

Bahrain


0.75%

Spain


0.70%

Russia


0.68%

Nigeria


0.57%

Ireland


0.55%

Ivory Coast


0.50%

Kenya


0.49%

Oman


0.47%

South Africa


0.42%

Finland


0.39%

United Arab Emirates


0.38%

Zambia


0.37%

Angola


0.37%

Bermuda


0.36%

Sweden


0.34%

Gabon


0.32%

Germany


0.30%

Costa Rica


0.30%

Ecuador


0.30%

Honduras


0.29%

El Salvador


0.29%

Macau


0.29%

Denmark


0.27%

Ghana


0.27%

Senegal


0.26%

Mongolia


0.26%

Israel


0.22%

Hong Kong


0.20%

Chile


0.18%

Norway


0.16%

Turkey


0.16%

Australia


0.15%

Jamaica


0.14%

Peru


0.11%

Japan


0.10%

China


0.08%

Kazakhstan


0.07%

Sri Lanka


0.07%

Guatemala


0.06%

Venezuela


0.06%

Jordan


0.06%

Iraq


0.06%

Morocco


0.05%

Kuwait


0.04%

Lebanon


0.04%

Pakistan


0.02%

Total Investments


100.00%




Net Currency Exposure Breakdown


Portfolio %

United States Dollar


100.70%

Japanese Yen


0.73%

Indian Rupee


0.31%

Egypt Pound


0.27%

Russian Rubles


0.18%

Nigerian Naira


0.09%

Mexican Peso


0.05%

Great British Pound


0.03%

Argentine Peso


0.02%

Colombian Peso


0.02%

South Korean Won


0.01%

Malaysian Ringgit


0.01%

Norwegian Krone


0.01%

Swedish Krona


0.01%

Taiwan New Dollar


0.01%

Australian Dollar


-0.01%

Swiss Franc


-0.01%

Chilean Peso


-0.01%

Polish Zloty


-0.01%

Indonesian Rupiah


-0.03%

Canadian Dollar


-0.12%

Euro


-0.73%

Brazilian Real


-1.53%

Total Net Assets


100.00%




Credit Rating


Portfolio %

AAA


6.71%

AA


1.39%

A


1.54%

BBB


22.27%

BB


26.45%

B


21.99%

CCC


8.30%

CC


0.46%

C


0.10%

D


0.30%

Not Rated


6.08%

Short Term Investments


0.86%

Reverse Repurchase Agreements


-0.05%

N/A


3.60%

Total


100.00%




Bonds By Maturity


Portfolio %

Less than 1 year


6.01%

1 to 5 years


55.05%

5 to 10 years


26.66%

10 to 20 years


7.50%

20 to 30 years


3.31%

More Than 30 years


0.39%

Other


1.08%

Total Net Assets


100.00%




Portfolio Statistics:



Average Coupon:


7.60%

Average Bond Price:


101.47

Percentage of Leverage(based on gross assets):


Bank Borrowing:


0.00%

Investment Operations:


44.44%

Preferred stock:


0.00%

Tender Option Bonds:


0.00%

VMTP Shares:


0.00%

Total Fund Leverage:


44.44%

Average Maturity:


5.77  Years

Effective Duration:


4.51  Years

Total Net Assets:


$1,048.21 Million

Net Asset Value:


$12.16

Number of Holdings:


1608

Portfolio Turnover:


32%





Original Source link .