AllianceBernstein Global High Income Fund's Fourth Quarter Earnings Reveal Financial Insights
AllianceBernstein Global High Income Fund, Inc. Reports Fourth Quarter Earnings
On May 30, 2025, AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a prominent registered closed-end investment company, released its earnings report for the fourth quarter that concluded on March 31, 2025. This report provides vital insights into the company’s financial status and investment performance during the period.
Financial Overview
As of March 31, 2025, the total net assets of the Fund stood at $966,409,431, a slight decrease from $978,431,163 reported on December 31, 2024. Interestingly, this figure remained stable compared to $966,421,294 on the same date in the previous year, March 31, 2024. This consistency in net assets reveals the Fund's capability to maintain its value amidst changing market dynamics.
The net asset value (NAV) per share on March 31, 2025, was calculated at $11.21, based on the 86,229,677 shares of common stock that were outstanding.
| March 31, 2025 | December 31, 2024 | March 31, 2024 | |
|---|---|---|---|
| ----- | --- | ----- | --- |
| Total Net Assets | $966,409,431 | $978,431,163 | $966,421,294 |
| NAV Per Share | $11.21 | $11.35 | $11.21 |
| Shares Outstanding | 86,229,677 | 86,229,677 | 86,229,677 |
Investment Income and Loss
In the period spanning January 1, 2025, to March 31, 2025, the Fund reported a total net investment income of $15,829,657, translating to approximately $0.18 per share. However, there was a significant net realized and unrealized loss amounting to $(10,907,723), or $(0.13) per share, demonstrating the challenges faced during this quarter.
Comparative Earnings
To provide a clearer picture, here’s a comparison of the financial figures from the previous quarters:
| Financial Metric | Fourth Quarter Ended March 31, 2025 | Third Quarter Ended December 31, 2024 | Fourth Quarter Ended March 31, 2024 |
|---|---|---|---|
| ---------- | ------- | --------- | ------- |
| Total Net Investment Income | $15,829,657 | $16,146,424 | $17,708,394 |
| Per Share | $0.18 | $0.19 | $0.21 |
| Total Net Realized/Unrealized Gain/(Loss) | $(10,907,723) | $(8,683,161) | $2,688,872 |
| Per Share | $(0.13) | $(0.10) | $0.04 |
The decline in net investment income and the negative gains reflect the overall market trends that may have impacted the fund’s performance during this period. The slight drop in both investment income and total realized gains indicates a fluctuating investment environment that could have been influenced by broader economic factors.
Conclusion
The earnings report from AllianceBernstein Global High Income Fund, Inc. serves as an important reminder of the dynamic nature of investment performance and the need for potential investors to stay informed about the financial health of such funds. With a total net asset value that remains relatively stable over the year, the fund exemplifies resilience in the face of adversity, although it faces challenges concerning income generation and investment losses.
For further information regarding its performance and future outlook, stakeholders can refer to subsequent updates from the fund management, which is operated by AllianceBernstein L.P.
Topics Financial Services & Investing）
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