#United States #New York #AllianceBernstein #Investment Fund #Q2 Earnings

AllianceBernstein Global High Income Fund Reports Second Quarter Earnings

On November 28, 2025, the AllianceBernstein Global High Income Fund, Inc. (NYSE: AWF), a prominent closed-end investment firm, announced its earnings for the second quarter ending September 30, 2025. This release provides crucial insights into the fund's performance and financial stability in a fluctuating market.

Financial Overview

As of September 30, 2025, the total net assets of the fund rose to $993,104,684, marking an increase from $983,263,245 reported at the end of the previous quarter, June 30, 2025. Comparatively, the fund's net assets also represent a slight improvement from the same period last year, where they were $989,257,215. The fund has maintained a consistent number of outstanding shares, totaling 86,229,677, which reflects stability in investor confidence and market positioning.

The net asset value (NAV) per share as of the reporting date was $11.52, indicating an uptick from the preceding quarter's NAV of $11.40 and a marginal decrease from $11.47 a year earlier. These figures are critical indicators of the fund's valuation, helping stakeholders evaluate its market performance.

Investment Income and Gains

Focusing on income generation, the fund reported a total net investment income of $31,772,437, equivalent to $0.20 per share for the quarter under review. This represents a significant increase compared to the first quarter's income of $14,873,296 or $0.17 per share, showing robust growth in investment returns. However, the total net realized and unrealized gains were reported at $9,886,429, which translates to $0.11 per share, down from the previous quarter's considerable gains of $18,924,650 or $0.22 per share.

The realization of gains is crucial as it indicates the fund's success in its investment strategies and market operations, providing essential returns to investors. Despite the decrease, the overall financial health emphasized by investment income shows strong fundamentals to sustain investor interests.

Historical Comparison

To put the current figures into perspective, the second quarter's total net investment income of $31,772,437 outstrips last year's income of $16,366,635, where the per share earnings were $0.19. Conversely, the total net realized and unrealized gains for Q2 last year were significantly higher at $32,935,757, equating to $0.38 per share, illustrating the volatile nature of market dynamics influencing the fund's performance.

Conclusion

In summary, the AllianceBernstein Global High Income Fund's announcement detailing its second-quarter results showcases a fund that continues to adapt and thrive amid challenging market conditions. The increase in net assets and significant growth in net investment income are promising signs for current and potential investors. These results underscore the management’s capability at AllianceBernstein L.P. to uphold financial stability and optimize returns while navigating the complexities of the investment landscape. Investors will undoubtedly follow future developments closely, monitoring how the fund balances growth while mitigating risks in an unpredictable market environment.