AllianceBernstein Global High Income Fund, Inc. Announces Earnings Results for the Third Quarter Ended December 31, 2020
February 26, 2021 at 09:06 pm
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AllianceBernstein Global High Income Fund Inc. announced earnings results for the third quarter ended December 31, 2020. For the period October 1, 2020 through December 31, 2020, total net investment income was $11,900,996 or $0.14 per share against $15,702,367 or $0.18 per share a year ago. The total net realized and unrealized gain was $77,583,147 or $0.90 per share against $19,671,577 or $0.23 per share a year ago.
AllianceBernstein Global High Income Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund seeks high current income and secondarily capital appreciation. The Fund invests primarily (and without limit) in corporate debt securities from United States (US) and non-US issuers, as well as government bonds from both developing and developed countries. It also invests in debt securities denominated in United States dollars or non-US currencies. The Fundâs portfolio consists of non-investment grade, collateralized mortgage obligations, governments treasuries, commercial mortgage-backed securities, bank loans, whole loan trusts, common stocks, and governments sovereign agencies. The Fund invests in various sectors, which include energy, services, technology, transportation-airlines, transportation-services, banking, brokerage, insurance, real estate investment trusts, utility, natural gas, and others. AllianceBernstein L.P. is the adviser of the Fund.