AllianceBernstein Global High Income Fund

Frequently Asked Questions About AWF

What does AWF invest in?

The AllianceBernstein Global High Income Fund, managed by AllianceBernstein L.P., functions as a closed-end mutual fund dedicated to fixed-income investments. It seeks opportunities across global fixed-income markets, primarily allocating capital to lower-rated corporate debt securities and government bonds. The fund constructs its portfolio using a blend of fundamental and quantitative analytical approaches. For performance evaluation, it benchmarks against a composite index made up of the JPMorgan Government Bond Index-Emerging Markets, the JPMorgan Emerging Markets Bond Index Global, and the Barclays U.S. Corporate High Yield 2% Issuer Capped Index. This entity, formerly known as Alliance World Dollar Government Fund II, Inc., was established on May 20, 1993, and is headquartered in the United States.

What is the expense ratio of AWF?

AllianceBernstein Global High Income Fund (AWF) charges an expense ratio of 1.02%. This is the annual fee deducted from fund assets to cover management and operations.

What is AWF's dividend yield?

AWF's trailing-twelve-month yield is 7.87%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of AWF?

Effective duration measures AWF's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AWF's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of AWF?

AWF's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of AWF?

Yield to maturity (YTM) is the total return you'd earn from AWF if every bond in the portfolio is held to maturity at the current price. AWF's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.