AllianceBernstein Global High Earnings Fund, Inc.
Leading 10 Fixed-Income Holdings
Portfolio %
1) U.S. Treasury Notes 2.25%, 02/15/27
1.08 %
2) 1261229 BC Ltd. 10.00%, 04/15/32
0.58 %
3) DaVita, Inc. 4.625%, 06/01/30
0.47 %
4) Carvana Co. 9.00%, 06/01/30 – 06/01/31
0.45 %
5) American Airlines/AAdvantage 5.75%, 04/20/29
0.41 %
6) Advance Automobile Components, Inc. 7.00%, 08/01/30
0.40 %
7) Dominican Republic Intl Bond 8.625%, 04/20/27
0.40 %
8) Tenet Health Care Corp. 5.50%, 11/15/32
0.40 %
9) Centuries Escrow Corp. 6.625%, 08/01/26
0.38 %
10) TransDigm, Inc. 6.00%, 01/15/33
0.38 %
Financial Investment Type
Portfolio %
Corporates – Non-Investment Grade
Industrial
Customer Non-Cyclical
7.42 %
Energy
6.40 %
Communications – Media
5.31 %
Customer Cyclical – Merchants
5.08 %
Capital Product
4.96 %
Customer Cyclical – Other
4.92 %
Fundamental
3.37 %
Solutions
3.15 %
Innovation
2.90 %
Customer Cyclical – Automotive
2.83 %
Communications – Telecom
2.75 %
Transport – Solutions
1.79 %
Customer Cyclical – Home Entertainment
0.85 %
Other Industrial
0.77 %
Transport – Airline Companies
0.60 %
Customer Cyclical – Dining Establishments
0.44 %
SUBTOTAL
53.54 %
Credit Default Swaps
13.33 %
Banks
Financing
2.60 %
Insurance Coverage
1.36 %
Financial Solutions
1.24 %
Brokerage
0.99 %
REITs
0.90 %
Banking
0.38 %
SUBTOTAL
7.47 %
Energy
Electric
0.97 %
Gas
0.05 %
SUBTOTAL
1.02 %
SUBTOTAL
75.36 %
Corporates – Financial Investment Grade
Industrial
Energy
1.65 %
Customer Cyclical – Other
1.17 %
Fundamental
0.94 %
Customer Cyclical – Automotive
0.83 %
Communications – Media
0.65 %
Customer Cyclical – Home Entertainment
0.65 %
Customer Non-Cyclical
0.52 %
Customer Cyclical – Dining Establishments
0.37 %
Innovation
0.32 %
Communications – Telecom
0.24 %
Transport – Solutions
0.18 %
Customer Cyclical – Merchants
0.15 %
Transport – Airline Companies
0.11 %
Other Industrial
0.07 %
Transport – Railways
0.03 %
SUBTOTAL
7.88 %
Banks
Banking
3.68 %
REITs
0.73 %
Insurance Coverage
0.69 %
Financing
0.51 %
Brokerage
0.14 %
SUBTOTAL
5.75 %
Energy
Electric
1.11 %
SUBTOTAL
1.11 %
SUBTOTAL
14.74 %
Emerging Markets – Business Bonds
Industrial
Fundamental
1.36 %
Energy
1.06 %
Customer Cyclical – Other
0.84 %
Customer Non-Cyclical
0.59 %
Communications – Telecom
0.21 %
Capital Product
0.16 %
Transport – Solutions
0.10 %
Communications – Media
0.02 %
Solutions
0.02 %
SUBTOTAL
4.36 %
Energy
Electric
0.65 %
Other Energy
0.15 %
SUBTOTAL
0.80 %
Banks
Banking
0.25 %
REITs
0.07 %
Financing
0.05 %
SUBTOTAL
0.37 %
SUBTOTAL
5.53 %
Bank Loans
Industrial
Innovation
1.42 %
Communications – Media
0.80 %
Customer Non-Cyclical
0.46 %
Capital Product
0.34 %
Communications – Telecom
0.29 %
Customer Cyclical – Merchants
0.21 %
Transport – Solutions
0.17 %
Customer Cyclical – Other
0.12 %
Other Industrial
0.11 %
Transport – Airline Companies
0.10 %
Customer Cyclical – Automotive
0.08 %
Fundamental
0.05 %
SUBTOTAL
4.15 %
Banks
Insurance Coverage
0.65 %
Financial Solutions
0.27 %
Brokerage
0.15 %
Financing
0.14 %
Banking
0.02 %
SUBTOTAL
1.23 %
SUBTOTAL
5.38 %
EM Federal Governments
4.36 %
Rate Of Interest Swaps
3.74 %
Rate Of Interest Futures
2.17 %
U.S. Govt & & Company Securities
1.66 %
Quasi-Sovereigns
Quasi-Sovereign Bonds
1.03 %
SUBTOTAL
1.03 %
Collateralized Home Loan Commitments
Non-Agency Fixed Rate
0.29 %
Non-Agency Drifting Rate
0.25 %
Company Fixed Rate
0.15 %
Danger Share Drifting Rate
0.15 %
SUBTOTAL
0.84 %
Typical Stocks
0.42 %
City Governments – United States Local Bonds
0.39 %
Asset-Backed Securities
Other ABS – Fixed Rate
0.25 %
Other ABS – Drifting Rate
0.09 %
Vehicle – Fixed Rate
0.02 %
SUBTOTAL
0.36 %
Emerging Markets – Treasuries
0.29 %
Inflation-Linked Securities
0.28 %
Collateralized Loan Commitments
CLO – Drifting Rate
0.20 %
SUBTOTAL
0.20 %
Industrial Mortgage-Backed Securities
Non-Agency Fixed Rate CMBS
0.16 %
SUBTOTAL
0.16 %
Forward Currency Exchange Agreements
Currency Instruments
0.08 %
SUBTOTAL
0.08 %
Preferred Stocks
Industrials
0.03 %
SUBTOTAL
0.03 %
Rights
Interaction Solutions
0.01 %
SUBTOTAL
0.01 %
EM Federal Governments Agencies
Credit Default Swaps
-0.25 %
SUBTOTAL
-0.25 %
Reverse Repurchase Agreements
-0.80 %
Money & & Money Equivalents
Funds and Financial Investment Trusts
2.31 %
Money
0.66 %
SUBTOTAL
2.97 %
Acquired Offsets
Futures Offsets
-2.15 %
Swap Offsets
-16.80 %
SUBTOTAL
-18.95 %
OVERALL
100.00 %
Nation Breakdown
Portfolio %
United States
66.17 %
UK
3.48 %
Canada
3.05 %
France
2.68 %
Colombia
1.35 %
Brazil
1.30 %
Mexico
1.23 %
Italy
1.20 %
Spain
1.06 %
India
1.03 %
Turkey
0.89 %
South Africa
0.84 %
Germany
0.81 %
Luxembourg
0.76 %
Nigeria
0.64 %
Ireland
0.60 %
Australia
0.59 %
Hong Kong
0.59 %
Chile
0.46 %
Israel
0.45 %
Japan
0.45 %
Argentina
0.43 %
Switzerland
0.42 %
Dominican Republic
0.40 %
Finland
0.38 %
Peru
0.37 %
China
0.35 %
Norway
0.35 %
Romania
0.34 %
Indonesia
0.33 %
Netherlands
0.33 %
Jersey (Channel Islands)
0.32 %
Macau
0.32 %
Costa Rica
0.31 %
Puerto Rico
0.31 %
Senegal
0.30 %
Denmark
0.29 %
Ecuador
0.29 %
Egypt
0.27 %
El Salvador
0.25 %
Guatemala
0.22 %
Slovenia
0.16 %
Uzbekistan
0.16 %
Angola
0.14 %
Panama
0.14 %
Azerbaijan
0.11 %
Trinidad and Tobago
0.11 %
Zambia
0.11 %
Kazakhstan
0.10 %
Ukraine
0.10 %
Malaysia
0.08 %
Belgium
0.05 %
Greece
0.05 %
Jamaica
0.05 %
Morocco
0.05 %
Kuwait
0.04 %
Serbia
0.03 %
Money & & Money Equivalents
2.31 %
Overall Investments
100.00 %
Net Currency Direct Exposure Breakdown
Portfolio %
United States Dollar
99.84 %
Colombian Peso
0.25 %
Canadian Dollar
0.19 %
Pound Sterling
0.16 %
Norwegian Krone
0.02 %
South African Rand
0.02 %
Brazilian Genuine
0.01 %
Brand-new Taiwan Dollar
0.01 %
Chinese Yuan Renminbi (Offshore)
-0.01 %
Czech Koruna
-0.01 %
Swedish Krona
-0.01 %
Euro
-0.47 %
Overall Net Properties
100.00 %
Credit Score
Portfolio %
AAA
2.66 %
AA
-1.01 %
A
0.87 %
BBB
15.17 %
BB
44.98 %
B
24.37 %
CCC
7.62 %
CC
0.32 %
C
0.12 %
Not Ranked
1.51 %
Short-term Investments
2.31 %
Reverse Repurchase Agreements
-0.80 %
N/A
1.88 %
Overall
100.00 %
Bonds by Maturity
Portfolio %
Less than 1 Year
14.12 %
1 to 5 Years
64.49 %
5 to ten years
15.68 %
10 to twenty years
3.56 %
20 to thirty years
1.00 %
More than thirty years
0.72 %
Other
0.43 %
Overall Net Properties
100.00 %
Portfolio Data:
Typical Discount Coupon:
7.15 %
Typical Bond Cost:
97.92
Portion of Utilize( based upon gross properties):
Bank Loaning:
0.00 %
Financial Investment Operations:*
13.72 %
Preferred Stock:
0.00 %
Tender Choice Bonds:
0.00 %
VMTP Shares:
0.00 %
VRDP Shares:
0.00 %
Overall Fund Take Advantage Of:
13.72 %
Typical Maturity:
4.24 Years
Efficient Period:
2.97 Years
Overall Net Properties:
$ 984.63 Million
Net Property Worth:
$ 11.42
Overall Variety Of Holdings:
1,244
Portfolio Turnover:
68.00 %
* Financial investment Operations might consist of making use of specific portfolio management strategies such as credit
default swaps, dollar rolls, unfavorable money, reverse repurchase arrangements and when-issued securities.
The foregoing portfolio qualities are since the date suggested and can be anticipated to alter. The
Fund is a closed-end U.S.-registered management investment firm recommended by AllianceBernstein L. P.