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AllianceBernstein Global High Income Fund, Inc. Monthly Portfolio Update

On June 22, 2026, the AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF) published its monthly portfolio update for the period ending May 31, 2026. This fund, well-known for its diverse fixed-income investments, has provided investors with insights into its positioning and strategic moves.

Key Holdings

The monthly report highlighted the top ten fixed-income securities within the fund, showcasing a broad array of corporate bonds and U.S. Treasury Notes. Among the noteworthy mentions:

• - U.S. Treasury Notes 2.25%, 02/15/27: 1.09% of the portfolio
• - 1261229 BC Ltd. 10.00%, 04/15/32: 0.57% allocation
• - DISH DBS Corp. 5.75%, 12/01/28: accounting for 0.47%

These significant allocations signify a blend of safety, with Treasury notes mixed with corporate offerings that have varying degrees of risk and return potential. The inclusion of companies ranging from DaVita, Inc. to Carvana Co. further reflects the fund's strategic positioning across sectors, appropriating investments based on market conditions and future projections.

Sector Allocation

Diving into the fund's overall sectorial distribution, a strong emphasis was placed on various categories:

• - Corporates - Non-Investment Grade: 53.27%
• - Financial Institutions: 8.00%
• - Utilities: 0.98%

The report indicated that corporate bonds from sectors such as Industrial and Consumer Non-Cyclical are predominant, which suggests a calculated risk appetite aimed at fostering growth through potential market recovery or industry-specific success.

The fund's interests were also divided internationally, with a substantial 67.11% of its holdings in U.S. markets. However, it has diversified into several countries including the United Kingdom, Canada, and Mexico, showing an intention to capitalize on global opportunities.

Interest Rate Sensitivity

The report elaborated on the duration of the bonds held, underscoring an average maturity of 4.10 years. This metric is crucial for understanding interest rate sensitivity, indicating the fund’s strategy to balance between risk and reward as global monetary policies evolve. With a current leverage of 14.04%, it exemplifies the fund's engagement in sophisticated investment tactics to enhance returns in a competitive backdrop.

Portfolio Performance

As of the latest updates, the net asset value of the fund sits at $11.39 with total net assets reported at approximately $982.53 million. With 1,213 total holdings, the fund's diversified approach not only mitigates risks but also positions it strategically against market fluctuations.

In conclusion, as AllianceBernstein Global High Income Fund continues to adapt to market dynamics and investor needs, this monthly update serves as a comprehensive overview of its approach towards achieving stable returns in a complex financial landscape. Investors are encouraged to monitor these updates closely, as they provide a glimpse into the fund's strategic shifts and market positioning in the coming months.