#United States #New York #AllianceBernstein #High Income Fund #AWF

AllianceBernstein Global High Income Fund, Inc. Monthly Portfolio Update

On May 22, 2026, AllianceBernstein Global High Income Fund, Inc. [NYSE: AWF] announced its latest monthly portfolio update, providing insights into its investment strategies as of April 30, 2026. The Fund is known for its strategic approach to high-yield income investments, balancing risk and return effectively across various asset classes.

Key Portfolio Highlights

The Fund's portfolio has various components, with a notable focus on fixed-income securities. The top ten fixed-income holdings collectively demonstrate a diversified investment strategy aiming to cater to varying market conditions.

1. U.S. Treasury Notes 2.25% (02/15/27) - 1.09%
2. 1261229 BC Ltd. 10.00% (04/15/32) - 0.58%
3. DISH DBS Corp. 5.75% (12/01/28) - 0.48%
4. DaVita, Inc. 4.625% (06/01/30) - 0.47%
5. Carvana Co. 9.00% (06/01/30 - 06/01/31) - 0.45%
6. American Airlines/AAdvantage 5.75% (04/20/29) - 0.41%
7. Advance Auto Parts, Inc. 7.00% (08/01/30) - 0.40%
8. Tenet Healthcare Corp. 5.50% (11/15/32) - 0.39%
9. TransDigm, Inc. 6.00% (01/15/33) - 0.38%
10. Allied Universal Holdco/Finance Corp. 4.625% (06/01/28) - 0.38%

These holdings signify the Fund's commitment to maintaining a robust portfolio with assets spanning various sectors, ensuring a stream of income while mitigating exposure risks.

Investment Type Distribution

The segmentation of assets across different categories illustrates the Fund's tactical asset allocation:

• - Corporates - Non-Investment Grade: 7.36%
• - Industrial: 5.03%
• - Technology: 3.92%
• - Consumer Cyclical - Retailers: 4.83%
• - Energy: 5.16%

Such diversification remains crucial, particularly given shifting market dynamics and economic indicators impacting different sectors. The Fund appears to be balancing more stable investments against higher yielding but riskier corporate bonds, evident from its investment type percentages.

Geographic Exposure

Geographically, the Fund maintains a strong bias towards the U.S. market, reflected in the breakdown:

• - United States: 67.45%
• - Canada: 3.42%
• - United Kingdom: 3.32%
• - France: 2.68%

These statistics emphasize that while there is significant domestic exposure, there are also strategic investments in international markets, enabling capitalizing on global opportunities while hedging against domestic economic slowdowns.

Portfolio Statistics

• - Average Coupon: 7.08%
• - Average Maturity: 4.28 Years
• - Total Number of Holdings: 1,228
• - Total Net Assets: $980.33 Million

With a substantial asset base and an extensive number of holdings, AllianceBernstein Global High Income Fund positions itself well to navigate the complexities of the current financial landscape.

The release of the monthly update indicates AllianceBernstein's commitment to transparency and investor relations, showcasing their approach to managing and optimizing returns in a potentially volatile market.

As economic conditions continue to evolve, the strategic positioning of the Fund's holdings will be pivotal in achieving its income goals while minimizing risks. Investors should watch for further updates and market analyses as the year progresses and more financial results are disclosed.

In conclusion, the AllianceBernstein Global High Income Fund continues to provide clarity and direction to its investors, re-confirming its role as a competent player in the high-yield investment space. With a diverse portfolio and a tactical approach, the Fund is well-prepared to adapt and respond to ongoing market changes.