AllianceBernstein Global High Income Fund Announces Earnings Results for the First Quarter Ended June 30, 2020
August 28, 2020 at 04:06 pm
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AllianceBernstein Global High Income Fund announced earnings results for the first quarter ended June 30, 2020. For the quarter, the company reported total net investment income of $12,695,526 or $0.15 per share compared with $15,376,628 or $0.18 per share a year ago. Total net realized and unrealized gain was $91,212,323 or $1.06 per share compared with $20,756,451 or $0.24 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.
ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND 
