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

1.06 %

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

0.78 %

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

0.63 %

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. 12.051%, 04/15/35

0.51 %

7) DaVita, Inc. 4.625%, 06/01/30

0.46 %

8) Allied Universal Holdco/Allied Universal Finance Corp. 4.625%, 06/01/28

0.42 %

9) Palmer Square CLO Ltd. 11.713%, 01/15/35

0.42 %

10) Bausch Health Cos., Inc. 4.875%, 06/01/28

0.40 %

Investment Type

Portfolio %

Corporates - Non-Investment Grade

Industrial

Energy

7.93 %

Consumer Non-Cyclical

7.51 %

Communications - Media

6.61 %

Capital Goods

4.72 %

Basic

4.30 %

Consumer Cyclical - Other

3.83 %

Consumer Cyclical - Retailers

3.52 %

Communications - Telecommunications

3.35 %

Services

2.70 %

Consumer Cyclical - Automotive

2.57 %

Technology

1.86 %

Consumer Cyclical - Entertainment

1.71 %

Transportation - Services

1.24 %

Transportation - Airlines

1.14 %

Consumer Cyclical - Restaurants

0.52 %

Other Industrial

0.45 %

SUBTOTAL

53.96 %

Credit Default Swaps

14.50 %

Financial Institutions

Finance

2.23 %

Brokerage

1.14 %

REITs

1.09 %

Insurance

1.00 %

Other Finance

0.71 %

Banking

0.67 %

SUBTOTAL

6.84 %

Utility

Electric

1.07 %

Natural Gas

0.06 %

SUBTOTAL

1.13 %

SUBTOTAL

76.43 %

Corporates - Investment Grade

Financial Institutions

Banking

4.15 %

Insurance

1.02 %

Finance

0.64 %

REITs

0.38 %

Brokerage

0.17 %

SUBTOTAL

6.36 %

Industrial

Communications - Media

1.28 %

Energy

1.24 %

Consumer Cyclical - Other

0.82 %

Consumer Cyclical - Automotive

0.79 %

Basic

0.68 %

Consumer Non-Cyclical

0.44 %

Consumer Cyclical - Retailers

0.24 %

Transportation - Services

0.22 %

Consumer Cyclical - Entertainment

0.17 %

Transportation - Airlines

0.13 %

Capital Goods

0.12 %

Other Industrial

0.05 %

Technology

0.04 %

Services

0.03 %

Transportation - Railroads

0.03 %

SUBTOTAL

6.28 %

Utility

Electric

1.48 %

Other Utility

0.05 %

SUBTOTAL

1.53 %

SUBTOTAL

14.17 %

Emerging Markets - Corporate Bonds

Industrial

Basic

1.87 %

Energy

1.13 %

Consumer Cyclical - Other

1.00 %

Consumer Non-Cyclical

0.73 %

Communications - Media

0.21 %

Communications - Telecommunications

0.20 %

Capital Goods

0.18 %

Consumer Cyclical - Retailers

0.14 %

Services

0.04 %

Consumer Cyclical - Automotive

0.02 %

Transportation - Services

0.02 %

SUBTOTAL

5.54 %

Utility

Electric

0.37 %

Other Utility

0.07 %

SUBTOTAL

0.44 %

Financial Institutions

Banking

0.12 %

SUBTOTAL

0.12 %

SUBTOTAL

6.10 %

Interest Rate Futures

3.60 %

Collateralized Loan Obligations

CLO - Floating Rate

3.30 %

SUBTOTAL

3.30 %

Bank Loans

Industrial

Consumer Non-Cyclical

0.71 %

Communications - Media

0.43 %

Technology

0.42 %

Communications - Telecommunications

0.36 %

Energy

0.34 %

Capital Goods

0.21 %

Other Industrial

0.15 %

Consumer Cyclical - Retailers

0.05 %

Consumer Cyclical - Restaurants

0.02 %

Transportation - Airlines

0.02 %

SUBTOTAL

2.71 %

Financial Institutions

Insurance

0.32 %

Finance

0.02 %

SUBTOTAL

0.34 %

SUBTOTAL

3.05 %

Collateralized Mortgage Obligations

Risk Share Floating Rate

2.01 %

Non-Agency Fixed Rate

0.32 %

Non-Agency Floating Rate

0.29 %

Agency Fixed Rate

0.21 %

SUBTOTAL

2.83 %

Emerging Markets - Sovereigns

2.38 %

U.S. Govt & Agency Securities

1.65 %

Quasi-Sovereigns

Quasi-Sovereign Bonds

1.31 %

SUBTOTAL

1.31 %

EM Government Agencies

0.65 %

Local Governments - US Municipal Bonds

0.40 %

Commercial Mortgage-Backed Securities

Non-Agency Fixed Rate CMBS

0.35 %

SUBTOTAL

0.35 %

Asset-Backed Securities

Other ABS - Floating Rate

0.25 %

Autos - Fixed Rate

0.08 %

SUBTOTAL

0.33 %

Inflation-Linked Securities

0.24 %

Common Stocks

0.14 %

Preferred Stocks

Industrials

0.09 %

SUBTOTAL

0.09 %

Governments - Sovereign Agencies

0.05 %

Forward Currency Exchange Contracts

Currency Instruments

-0.09 %

SUBTOTAL

-0.09 %

Reverse Repurchase Agreements

-0.78 %

Cash & Cash Equivalents

Cash

1.50 %

Funds and Investment Trusts

0.28 %

SUBTOTAL

1.78 %

Derivative Offsets

Futures Offsets

-3.58 %

Swap Offsets

-14.40 %

SUBTOTAL

-17.98 %

TOTAL

100.00 %

Country Breakdown

Portfolio %

United States

68.84 %

United Kingdom

3.35 %

Canada

2.31 %

France

2.29 %

Germany

1.77 %

Mexico

1.51 %

Brazil

1.48 %

Colombia

1.39 %

Spain

1.28 %

Luxembourg

1.14 %

Italy

1.11 %

India

0.97 %

Chile

0.86 %

Dominican Republic

0.85 %

Israel

0.84 %

South Africa

0.67 %

Australia

0.65 %

Macau

0.63 %

Peru

0.58 %

China

0.57 %

Netherlands

0.56 %

Nigeria

0.53 %

Hong Kong

0.52 %

Kazakhstan

0.37 %

Puerto Rico

0.37 %

Angola

0.32 %

Finland

0.32 %

Switzerland

0.31 %

Turkey

0.31 %

Ireland

0.30 %

Indonesia

0.27 %

El Salvador

0.25 %

Zambia

0.25 %

Egypt

0.24 %

Slovenia

0.21 %

Romania

0.20 %

Norway

0.19 %

Jersey (Channel Islands)

0.17 %

Ukraine

0.15 %

Panama

0.14 %

Guatemala

0.12 %

Azerbaijan

0.11 %

Malaysia

0.08 %

Japan

0.07 %

Argentina

0.05 %

Jamaica

0.05 %

United Republic of Tanzania

0.05 %

Czech Republic

0.04 %

Kuwait

0.04 %

Morocco

0.04 %

Cash & Cash Equivalents

0.28 %

Total Investments

100.00 %

Net Currency Exposure Breakdown

Portfolio %

US Dollar

100.00 %

Canadian Dollar

0.19 %

Pound Sterling

0.11 %

Dominican Peso

0.07 %

Norwegian Krone

0.02 %

Brazilian Real

0.01 %

Indonesian Rupiah

0.01 %

Indian Rupee

0.01 %

Chilean Peso

-0.01 %

South Korean Won

-0.01 %

New Zealand Dollar

-0.01 %

Polish Zloty

-0.01 %

Colombian Peso

-0.10 %

Euro

-0.28 %

Total Net Assets

100.00 %

Credit Rating

Portfolio %

AAA

1.47 %

AA

0.26 %

A

1.26 %

BBB

15.42 %

BB

47.40 %

B

22.00 %

CCC

7.92 %

CC

0.18 %

Not Rated

2.57 %

Short Term Investments

0.28 %

Reverse Repurchase Agreements

-0.78 %

N/A

2.02 %

Total

100.00 %

Bonds by Maturity

Portfolio %

Less than 1 Year

7.59 %

1 To 5 Years

64.31 %

5 To 10 Years

23.68 %

10 To 20 Years

2.33 %

20 To 30 Years

1.54 %

More than 30 Years

0.41 %

Other

0.14 %

Total Net Assets

100.00 %

Portfolio Statistics:

Average Coupon:

7.54 %

Average Bond Price:

97.11

Percentage of Leverage(based on gross assets):

Bank Borrowing:

0.00 %

Investment Operations:*

14.91 %

Preferred Stock:

0.00 %

Tender Option Bonds:

0.00 %

VMTP Shares:

0.00 %

VRDP Shares:

0.00 %

Total Fund Leverage:

14.91 %

Average Maturity:

    4.71 Years

Effective Duration:

    3.10 Years

Total Net Assets:

$989.33 Million

Net Asset Value:

$11.47

Total Number of Holdings:

1,256

Portfolio Turnover:

45.00 %

* Investment Operations may include the use of certain portfolio management techniques such as credit 

default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.

The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The

Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.