ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM N-Q

 

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number: 811-07732

 

ALLIANCEBERNSTEIN GLOBAL HIGH INCOME FUND, INC.

(Exact name of registrant as specified in charter)

 

1345 Avenue of the Americas, New York, New York 10105

(Address of principal executive offices) (Zip code)

Joseph J. Mantineo

AllianceBernstein L.P.

1345 Avenue of the Americas

New York, New York 10105

(Name and address of agent for service)

Registrant’s telephone number, including area code: (800) 221-5672

Date of fiscal year end: March 31, 2008

Date of reporting period: June 30, 2007

 

ITEM 1. SCHEDULE OF INVESTMENTS.

AllianceBernstein Global High Income Fund

Portfolio of Investments

June 30, 2007 (unaudited)

 

    

Principal

Amount

(000)

    U.S. $ Value

SOVEREIGNS—79.5%

      

Argentina—5.3%

      

Republic of Argentina

      

Zero Coupon, 12/15/35 (a)(b)

    US$ 3    $ 435

5.475%, 8/03/12 (a)(c)

      36,544      34,710,543

8.28%, 12/31/33 (a)

      22,486      21,699,314

Series V

      

7.00%, 3/28/11 (a)

      3,375      3,297,844
         
        59,708,136
         

Brazil—14.3%

      

Republic of Brazil

      

7.125%, 1/20/37 (a)(d)

      47,055      50,819,400

8.25%, 1/20/34 (a)

      22,400      27,507,200

8.875%, 10/14/19 – 4/15/24 (a)

      22,267      27,458,772

10.25%, 1/10/28 (a)

    BRL 2,615      1,581,339

12.50%, 1/05/16 – 1/05/22 (a)

      78,730      52,027,250
         
        159,393,961
         

Bulgaria—0.4%

      

Republic of Bulgaria

      

8.25%, 1/15/15 (a)(e)

    US$ 3,629      4,178,793
         

Colombia—4.8%

      

Republic of Colombia

      

7.375%, 9/18/37 (a)

      9,099      10,131,737

8.125%, 5/21/24 (a)

      1,000      1,175,000

10.75%, 1/15/13 (a)

      8,433      10,300,909

11.75%, 3/01/10 (a)

    COP 5,920,000      3,173,296

11.75%, 2/25/20 (d)

    US$ 9,692      14,319,930

12.00%, 10/22/15 (a)

    COP   24,330,000      14,283,693
         
        53,384,565
         

Costa Rica—0.6%

      

Republic of Costa Rica

      

Zero Coupon, 1/10/08 (a)

    US$ 2,701      2,603,396

8.05%, 1/31/13 (a)(e)

      2,146      2,320,899

8.11%, 2/01/12 (a)(e)

      1,984      2,162,560
         
        7,086,855
         

Dominican Republic—0.9%

      

Dominican Republic

      

8.625%, 4/20/27 (a)(e)

      4,015      4,657,400

11.871%, 1/07/08 (a)

      5,609      5,451,279
         
        10,108,679
         

Ecuador—0.1%

      

Republic of Ecuador

      

10.00%, 8/15/30 (a)(e)

      1,410    1,156,200
       

El Salvador—1.0%

      

Republic of El Salvador

      

7.625%, 9/21/34 (a)(e)

      2,642    3,025,090

7.65%, 6/15/35 (a)(e)

      3,469    3,954,660

8.50%, 7/25/11 (a)(e)

      4,125    4,502,438
       
      11,482,188
       

Hungary—1.3%

      

Hungary

      

6.50%, 8/12/09 (a)

    HUF 2,070,000    11,224,261

Republic of Hungary

      

Series 10/C

      

6.75%, 4/12/10 (a)

      520,000    2,827,232
       
      14,051,493
       

Indonesia—3.4%

      

Deutsche Bank AG/London

      

11.00%, 10/15/14 (a)

    US$ 10,440    10,513,080

Republic of Indonesia

      

6.625%, 2/17/37 (a)(e)

      3,650    3,552,438

6.75%, 3/10/14 (a)(e)

      13,135    13,459,125

6.875%, 3/09/17 (a)(e)

      1,151    1,192,724

7.25%, 4/20/15 (a)(e)

      2,787    2,933,317

7.50%, 1/15/16 (a)(e)

      1,780    1,900,150

8.50%, 10/12/35 (a)(e)

      3,568    4,249,067
       
      37,799,901
       

Jamaica—0.4%

      

Government of Jamaica

      

9.25%, 10/17/25 (a)

      1,066    1,204,580

10.625%, 6/20/17 (a)

      2,988    3,533,310
       
      4,737,890
       

Lebanon—1.1%

      

Lebanese Republic

      

7.875%, 5/20/11 (a)(e)

      2,805    2,706,825

10.125%, 8/06/08 (a)(e)

      8,480    8,628,400

11.625%, 5/11/16 (a)(e)

      1,262    1,444,359
       
      12,779,584
       

Malaysia—0.5%

      

Malaysia

      

7.50%, 7/15/11 (a)

      4,887    5,224,824
       

Mexico—10.1%

      

Mexican Bonos

      

Series M

      

9.00%, 12/22/11 (a)

    MXN 207,000    20,108,900

Series M 20

      

10.00%, 12/05/24 (a)

      89,396    10,086,921

Series MI10

      

9.00%, 12/20/12 (a)

      103,351    10,116,458

United Mexican States

      

8.125%, 12/30/19 (a)

    US$ 14,683    17,384,672

11.375%, 9/15/16 (a)

      12,717    17,644,837

Series A

      

8.00%, 9/24/22 (a)

      31,791    37,990,245
       
      113,332,033
       

Morocco—0.0%

      

Kingdom of Morocco Loan Participation

      

Series A

      

6.219%, 1/01/09 (a)(c)

      246    245,882
       

Pakistan—0.2%

      

Republic of Pakistan

      

6.875%, 6/01/17 (a)(e)

      2,624    2,528,880
       

Panama—4.5%

      

Republic of Panama

      

6.70%, 1/26/36 (a)

      3,139    3,178,238

7.125%, 1/29/26 (a)

      5,582    5,944,830

7.25%, 3/15/15 (a)

      2,631    2,815,170

8.875%, 9/30/27 (a)

      10,586    13,327,774

9.375%, 7/23/12 – 4/01/29 (a)

      19,694    24,527,387
       
      49,793,399
       

Peru—3.4%

      

Peru Bono Soberano

      

8.20%, 8/12/26 (a)

    PEN   29,664    11,500,187

Republic of Peru

      

7.35%, 7/21/25 (a)

    US$ 5,765    6,427,975

8.75%, 11/21/33 (a)(d)

      15,308    19,823,860
       
      37,752,022
       

Philippines—7.4%

      

Republic of Philippines

      

7.50%, 9/25/24 (d)

      2,500    2,700,000

7.75%, 1/14/31 (d)

      7,127    7,857,518

8.00%, 1/15/16 (a)

      603    662,516

8.25%, 1/15/14 (d)

      12,842    14,029,885

8.375%, 2/15/11 (a)

      684    731,880

8.875%, 3/17/15 (a)(d)

      17,505    20,043,225

9.00%, 2/15/13 (a)

      2,829    3,168,480

9.50%, 10/21/24 (a)

      2,860    3,660,800

9.50%, 2/02/30 (d)

      3,673    4,788,490

9.875%, 1/15/19 (d)

      14,521    18,332,762

10.625%, 3/16/25 (a)

      4,406    6,135,355
       
      82,110,911
       

Russia—5.1%

      

Russian Federation

      

7.50%, 3/31/30 (a)(e)

      39,187    43,007,274

11.00%, 7/24/18 (a)(e)

      3,170    4,398,375

Russian Ministry of Finance

      

Series V

      

3.00%, 5/14/08 (a)

      8,205    8,020,388

Series VII

      

3.00%, 5/14/11 (a)

      1,080    973,404
       
      56,399,441
       

South Africa—2.8%

      

Republic of South Africa

      

5.875%, 5/30/22 (a)

      2,850    2,789,438

7.375%, 4/25/12 (a)

      5,901    6,269,812

Series R153

      

13.00%, 8/31/10 (a)

    ZAR   141,000    22,019,342
       
      31,078,592
       

Turkey—5.4%

      

Republic of Turkey

      

6.875%, 3/17/36 (a)

    US$ 11,530    10,939,088

Turkey Government Bond

      

0.00%, 11/26/08 (a)

    TRY 82,690    49,557,298
       
      60,496,386
       

Ukraine—0.8%

      

Government of Ukraine

      

6.58%, 11/21/16 (d)(e)

    US$ 4,363    4,330,278

7.65%, 6/11/13 (a)(e)

      4,720    4,991,400
       
      9,321,678
       

Uruguay—2.1%

      

Republic of Uruguay

      

7.625%, 3/21/36 (a)

      1,700    1,844,500

7.875%, 1/15/33 (a)(f)

      4,925    5,491,257

8.00%, 11/18/22 (a)

      10,159    11,428,399

9.25%, 5/17/17 (a)

      4,178    4,992,710
       
      23,756,866
       

Venezuela—3.6%

      

Republic of Venezuela

      

5.75%, 2/26/16 (a)

      4,225    3,559,141

6.00%, 12/09/20 (a)

      4,751    3,848,310

7.00%, 12/01/18 (a)(d)(e)

      15,254    13,804,870

7.65%, 4/21/25 (a)

      11,278    10,234,785

8.50%, 10/08/14

      1,549    1,568,363

9.25%, 9/15/27 (a)

      1,014    1,059,630

13.625%, 8/15/18 (a)

      4,677    6,407,490
       
      40,482,589
       

Total Sovereigns

(cost $815,393,497)

       888,391,748
       

CORPORATES—28.2%

      

Argentina—0.2%

      

Argentina Bonos

      

10.50%, 6/12/12 (a)

    ARS 8,741    2,652,831
       

Bermuda—0.2%

      

Intelsat Bermuda Ltd.

      

11.25%, 6/15/16 (a)

    US$ 1,600    1,792,000

Intelsat Subsidiary Holding Co. Ltd.

      

8.625%, 1/15/15 (a)

      650    666,250
       
      2,458,250
       

Brazil—0.6%

      

Banco BMG SA

      

9.15%, 1/15/16 (a)(e)

    3,300    3,481,500

Vale Overseas Ltd.

      

6.875%, 11/21/36 (a)

    2,952    2,967,309
       
      6,448,809
       

Canada—0.5%

      

Bombardier, Inc.

      

6.30%, 5/01/14 (a)(e)

    1,655    1,572,250

8.00%, 11/15/14 (a)(e)

    1,050    1,103,813

Domtar, Inc.

      

5.375%, 12/01/13 (a)

    400    359,000

Nortel Networks Ltd.

      

10.75%, 7/15/16 (a)(e)

    600    663,000

Quebecor Media, Inc.

      

7.75%, 3/15/16 (a)

    1,400    1,421,000

Shaw Communications, Inc.

      

7.20%, 12/15/11 (a)

    200    207,000
       
      5,326,063
       

Cayman Islands—0.1%

      

Seagate Technology HDD Holding

      

6.375%, 10/01/11 (a)

    1,600    1,560,000
       

China—0.3%

      

Chaoda Modern Agriculture

      

7.75%, 2/08/10 (a)(e)

    3,976    3,697,680
       

El Salvador—0.3%

      

MMG Fiduciary (AES El Salvador)

      

6.75%, 2/01/16 (a)(e)

    3,100    3,067,112
       

France—0.0%

      

CIE Gener De Geophysique

      

7.50%, 5/15/15 (a)

    375    375,000
       

Hong Kong—0.4%

      

Noble Group Ltd.

      

6.625%, 3/17/15 (a)(e)

    4,731    4,339,988
       

Indonesia—0.1%

      

Majapahit Holding BV

      

7.875%, 6/29/37 (a)(e)

    699    694,631
       

Ireland—0.1%

      

Elan Finance PLC/Elan Finance Corp.

      

7.75%, 11/15/11 (a)

    1,500    1,501,875
       

Jamaica—0.3%

      

Digicel Ltd.

      

9.25%, 9/01/12 (a)(e)

    3,416    3,599,610
       

Kazakhstan—0.8%

      

ALB Finance BV

      

9.25%, 9/25/13 (a)(e)

    2,985    2,982,791

Kazkommerts International BV

      

8.50%, 4/16/13 (a)(e)

    3,000    3,067,500

Tengizchevroil Finance Co.

      

6.124%, 11/15/14 (a)(e)

    2,569    2,520,960
       
      8,571,251
       

Luxembourg—0.2%

      

Basell AF SCA

      

8.375%, 8/15/15 (a)(e)

      750    718,125

RS Finance (RSB)

      

7.50%, 10/07/10 (a)(e)

      1,933    1,868,554
       
      2,586,679
       

Malaysia—0.6%

      

Petronas Capital Ltd.

      

7.00%, 5/22/12 (a)(e)

      6,437    6,835,965
       

Mexico—0.3%

      

Monterrey Power SA de CV

      

9.625%, 11/15/09 (a)(e)

      2,526    2,767,698
       

Netherlands—0.1%

      

NXP BV / NXP Funding LLC

      

8.106%, 10/15/13 (a)(c)

      250    250,313

9.50%, 10/15/15 (a)

      250    246,250
       
      496,563
       

Peru—1.6%

      

IIRSA Norte Finance Ltd.

      

8.75%, 5/30/24 (a)(e)

      2,282    2,675,746

Southern Copper Corp.

      

7.50%, 7/27/35 (a)

      3,000    3,220,611

Telefonica del Peru SAA

      

Series REGS

      

8.00%, 4/11/16 (a)(e)

    PEN 32,695    11,380,495
       
      17,276,852
       

Russia—6.3%

      

Alfa Bond Issuance PLC

      

8.625%, 12/09/15 (a)

    US$ 2,360    2,385,960

Citigroup (JSC Severstal)

      

Series REGS

      

9.25%, 4/19/14 (a)(e)

      2,256    2,467,861

Evraz Group SA

      

Series REGS

      

8.25%, 11/10/15 (a)(e)

      3,933    4,017,166

Gallery Capital SA

      

10.125%, 5/15/13 (a)(e)

      2,567    2,576,235

Gazprom

      

6.212%, 11/22/16 (a)(e)

      814    792,836

6.51%, 3/07/22 (a)(e)

      4,690    4,629,030

Gazprom OAO

      

9.625%, 3/01/13 (a)(e)

      21,540    25,021,726

Gazprombank

      

6.50%, 9/23/15 (a)

      1,950    1,911,799

Gazstream SA

      

5.625%, 7/22/13 (a)(e)

      1,696    1,676,056

JPMorgan Chase

      

7.00%, 6/28/17 (a)(e)

    RUB   168,000    6,428,207

Mobile Telesystems Finance

      

9.75%, 1/30/08 (a)(e)

    US$   2,740    2,788,772

Series REGS

      

9.75%, 1/30/08 (a)(e)

      2,650    2,697,435

Russian Agriculture Bank Rshb C

      

6.299%, 5/15/17 (a)(e)

      3,254    3,185,015

Russian Standard Finance

      

7.50%, 10/07/10 (a)(e)

      3,412    3,292,580

TNK-BP Finance SA

      

7.50%, 7/18/16 (a)(e)

      3,676    3,789,956

Series REGS

      

7.50%, 7/18/16 (a)(e)

      2,101    2,166,131

Tyumen Oil Co.

      

11.00%, 11/06/07 (a)(e)

      1,075    1,090,050
       
      70,916,815
       

Singapore—0.1%

      

Avago Technologies Finance

      

10.125%, 12/01/13 (a)

      200    213,000

Flextronics International Ltd.

      

6.50%, 5/15/13 (a)

      750    706,875
       
      919,875
       

South Korea—0.1%

      

C&M Finance Ltd.

      

8.10%, 2/01/16 (a)(e)

      1,405    1,426,075
       

United Kingdom—0.2%

      

Ineos Group Holdings PLC

      

8.50%, 2/15/16 (a)(e)

      850    830,875

Inmarsat Finance PLC

      

7.625%, 6/30/12 (a)

      1,000    1,033,750
       
      1,864,625
       

United States—14.8%

      

The AES Corp.

      

7.75%, 3/01/14 (a)

      1,900    1,904,750

AK Steel Corp.

      

7.75%, 6/15/12 (a)

      800    800,000

Albertson’s, Inc.

      

7.45%, 8/01/29 (a)

      1,900    1,853,125

Allbritton Communications Co.

      

7.75%, 12/15/12 (a)

      700    703,500

Allegheny Energy Supply

      

8.25%, 4/15/12 (a)(e)

      1,650    1,757,250

Allied Waste North America, Inc.

      

6.875%, 6/01/17 (a)

      1,230    1,190,025

Series B

      

7.375%, 4/15/14 (a)

      1,250    1,234,375

American Tower Corp.

      

7.125%, 10/15/12 (a)

      1,350    1,380,375

Amkor Technology, Inc.

      

9.25%, 6/01/16 (a)

      900    927,000

Aquila, Inc.

      

14.875%, 7/01/12 (a)

      700    892,500

Aramark Corp.

      

8.50%, 2/01/15 (a)(e)

    1,000    1,017,500

Arch Western Finance LLC

      

6.75%, 7/01/13 (a)

    400    384,000

Associated Materials, Inc.

      

0.00%, 3/01/14 (a)(g)

    1,000    745,000

Avis Budget Car Rental

      

7.75%, 5/15/16 (a)

    750    765,000

Berry Plastics Holding Corp.

      

8.875%, 9/15/14 (a)

    700    708,750

10.25%, 3/01/16 (a)

    300    300,000

The Bon-Ton Dept Stores, Inc.

      

10.25%, 3/15/14 (a)

    550    556,875

Boyd Gaming Corp.

      

7.75%, 12/15/12 (a)

    450    461,250

Broder Brothers Co.

      

Series B

      

11.25%, 10/15/10 (a)

    400    394,500

Burlington Coat Factory Warehouse Corp.

      

11.125%, 4/15/14 (a)

    250    243,750

Cablevision Systems Corp.

      

Series B

      

8.00%, 4/15/12 (a)

    900    888,750

Cadbury Schweppes US Finance LLC

      

5.125%, 10/01/13 (a)(e)

    530    509,156

Case Corp.

      

7.25%, 1/15/16 (a)

    1,265    1,283,975

Case New Holland, Inc.

      

7.125%, 3/01/14 (a)

    1,985    2,009,813

CCH I Holdings LLC

      

11.75%, 5/15/14 (a)

    3,250    3,193,125

CDX North America High Yield

      

Series 8-T1

      

7.625%, 6/29/12 (a)(e)

    10,000    9,512,500

Chesapeake Energy Corp.

      

6.375%, 6/15/15 (a)

    1,800    1,716,750

Citizens Communications Co.

      

6.25%, 1/15/13 (a)

    1,000    958,750

Clear Channel Communications, Inc.

      

5.50%, 9/15/14 (a)

    2,100    1,794,584

Community Health Systems, Inc.

      

8.875%, 7/15/15 (a)(e)

    1,115    1,130,331

Complete Production Services, Inc.

      

8.00%, 12/15/16 (a)(e)

    200    202,000

Computer Associates, Inc.

      

4.75%, 12/01/09 (a)(e)

    500    487,952

Continental Airlines, Inc.

      

Series RJO3

      

7.875%, 7/02/18 (a)

    804    822,376

Couche-Tard, Inc.

      

7.50%, 12/15/13 (a)

    700    705,250

Cricket Communications, Inc.

      

9.375%, 11/01/14 (a)

    1,000    1,032,500

Crown Americas

      

7.625%, 11/15/13 (a)

    800    808,000

Crum & Forster Holdings Corp.

      

7.75%, 5/01/17 (a)(e)

    500    488,750

CSC Holdings, Inc.

      

7.625%, 7/15/18 (a)

    2,000    1,900,000

DaVita, Inc.

      

7.25%, 3/15/15 (a)

    700    691,250

DirecTV Holdings LLC

      

6.375%, 6/15/15 (a)

    1,700    1,598,000

Dobson Communications Corp.

      

8.875%, 10/01/13 (a)

    750    783,750

Dole Food Company, Inc.

      

8.875%, 3/15/11 (a)

    600    591,000

Dynegy Holdings, Inc.

      

7.75%, 6/01/19 (a)(e)

    1,900    1,767,000

8.375%, 5/01/16 (a)

    1,460    1,427,150

E*Trade Financial Corp.

      

7.375%, 9/15/13 (a)

    1,150    1,167,250

7.875%, 12/01/15 (a)

    1,150    1,197,438

Echostar DBS Corp.

      

6.625%, 10/01/14 (a)

    1,535    1,465,925

7.125%, 2/01/16 (a)

    1,000    977,500

Edison Mission Energy

      

7.00%, 5/15/17 (a)(e)

    1,925    1,814,313

7.50%, 6/15/13 (a)

    700    693,000

7.75%, 6/15/16 (a)

    700    696,500

El Paso Corp.

      

7.375%, 12/15/12 (a)

    1,000    1,028,803

Enterprise Products Operating

      

8.375%, 8/01/66 (a)(b)

    1,545    1,648,906

Ford Motor Co.

      

7.45%, 7/16/31 (a)

    2,250    1,797,187

Ford Motor Credit Co.

      

7.00%, 10/01/13 (a)

    3,700    3,428,035

8.105%, 1/13/12 (a)(c)

    500    498,731

Freeport-McMoRan Copper & Gold, Inc.

      

8.375%, 4/01/17 (a)

    1,580    1,686,650

Freescale Semiconductor, Inc.

      

8.875%, 12/15/14 (a)(e)

    500    477,500

10.125%, 12/15/16 (a)(e)

    1,500    1,410,000

Gaylord Entertainment Co.

      

8.00%, 11/15/13 (a)

    800    811,000

General Motors Acceptance Corp.

      

6.75%, 12/01/14 (a)

    1,800    1,723,781

8.00%, 11/01/31 (a)

    600    613,549

General Motors Corp.

      

8.375%, 7/15/33 (a)

    1,920    1,752,000

Georgia-Pacific Corp.

      

7.125%, 1/15/17 (a)(e)

    800    768,000

Goodman Global Holdings, Inc.

      

7.875%, 12/15/12 (a)

    550    544,500

The Goodyear Tire & Rubber Co.

      

9.00%, 7/01/15 (a)

    500    538,750

Greektown Holdings LLC

      

10.75%, 12/01/13 (a)(e)

    200    212,000

GSC Holdings Corp.

      

8.00%, 10/01/12 (a)

    1,200    1,254,000

Hanger Orthopedic Group, Inc.

      

10.25%, 6/01/14 (a)

    450    483,750

Harrah’s Operating Co., Inc

      

5.625%, 6/01/15 (a)

    1,800    1,467,000

6.50%, 6/01/16 (a)

    1,020    851,700

HCA, Inc.

      

6.375%, 1/15/15 (a)

    2,210    1,878,500

9.25%, 11/15/16 (a)(e)

    1,850    1,970,250

Healthsouth Corp.

      

10.75%, 6/15/16 (a)

    550    596,750

Hertz Corp.

      

8.875%, 1/01/14 (a)

    500    521,250

10.50%, 1/01/16 (a)

    550    607,750

Hexion Us Fin/nova Scoti

      

9.86%, 11/15/14 (a)(c)

    550    566,500

Hilcorp Energy I LP/Hilcorp Finance Co.

      

7.75%, 11/01/15 (a)(e)

    300    291,000

Hilton Hotels Corp.

      

7.625%, 12/01/12 (a)

    400    413,500

Horizon Lines LLC

      

9.00%, 11/01/12 (a)

    300    317,250

Host Hotels & Resorts LP

      

6.875%, 11/01/14 (a)

    200    197,750

Host Marriott LP

      

Series O

      

6.375%, 3/15/15 (a)

    1,500    1,440,000

Huntsman International LLC

      

7.875%, 11/15/14 (a)

    850    910,562

IASIS Healthcare Corp.

      

8.75%, 6/15/14 (a)

    700    700,000

Idearc, Inc.

      

8.00%, 11/15/16 (a)

    1,000    1,010,000

Iron Mountain, Inc.

      

6.625%, 1/01/16 (a)

    750    688,125

Jefferson Smurfit Corp. US

      

8.25%, 10/01/12 (a)

    400    397,000

KB Home

      

7.75%, 2/01/10 (a)

    600    597,000

Keystone Automotive Operations, Inc.

      

9.75%, 11/01/13 (a)

    700    609,000

Kinder Morgan Finance Co.

      

5.70%, 1/05/16 (a)

    250    230,419

L-3 Communications Corp.

      

5.875%, 1/15/15 (a)

    800    742,000

Lamar Media Corp.

      

6.625%, 8/15/15 (a)

    350    331,625

Lear Corp.

      

Series B

      

5.75%, 8/01/14 (a)

    365    306,600

8.50%, 12/01/13 (a)

    600    576,000

8.75%, 12/01/16 (a)

    1,505    1,433,512

Level 3 Financing, Inc.

      

8.75%, 2/15/17 (a)(e)

    1,350    1,334,812

9.25%, 11/01/14 (a)

    1,305    1,318,050

12.25%, 3/15/13 (a)

    295    338,512

Liberty Media Corp.

      

5.70%, 5/15/13 (a)

    350    328,970

8.25%, 2/01/30 (a)

    350    339,436

Liberty Mutual Group, Inc.

      

5.75%, 3/15/14 (a)(e)

    600    580,466

7.80%, 3/15/37 (a)(e)

    495    466,058

Lyondell Chemical Co.

      

8.00%, 9/15/14 (a)

    650    667,875

8.25%, 9/15/16 (a)

    1,250    1,306,250

MGM Mirage

      

6.625%, 7/15/15 (a)

    3,400    3,089,750

Mirant Americas Generation LLC

      

8.50%, 10/01/21 (a)

    1,570    1,640,650

Mohegan Tribal Gaming Auth

      

7.125%, 8/15/14 (a)

    600    594,000

The Mosaic Co.

      

7.625%, 12/01/16 (a)(e)

    1,435    1,467,287

NewPage Corp.

      

10.00%, 5/01/12 (a)

    550    594,000

NRG Energy, Inc.

      

7.375%, 2/01/16 – 1/15/17 (a)

    2,690    2,698,588

Owens Brockway Glass Container, Inc.

      

6.75%, 12/01/14 (a)

    835    814,125

PanAmSat Corp.

      

9.00%, 8/15/14 (a)

    700    729,750

Peabody Energy Corp.

      

Series B

      

6.875%, 3/15/13 (a)

    1,500    1,492,500

Penn National Gaming, Inc.

      

6.875%, 12/01/11 (a)

    800    813,000

PetroHawk Energy Corp.

      

Series WI

      

9.125%, 7/15/13 (a)

    500    528,750

Plastipak Holdings, Inc.

      

8.50%, 12/15/15 (a)(e)

    300    310,500

PSEG Energy Holdings LLC

      

8.50%, 6/15/11 (a)

    400    423,665

Quality Distribution LLC

      

9.00%, 11/15/10 (a)

    900    873,000

Qwest Capital Funding, Inc.

      

7.25%, 2/15/11 (a)

    1,900    1,890,500

Qwest Corp.

      

6.875%, 9/15/33 (a)

    1,000    937,500

Rainbow National Services LLC

      

8.75%, 9/01/12 (a)(e)

    500    520,000

10.375%, 9/01/14 (a)(e)

    500    548,750

Range Resources Corp.

      

7.50%, 5/15/16 (a)

    500    506,250

RBS Global, Inc. and Rexnord Corp.

      

9.50%, 8/01/14 (a)

    600    615,000

11.75%, 8/01/16 (a)

    350    376,250

Regency Energy Partners

      

8.375%, 12/15/13 (a)(e)

    800    824,000

Reliant Energy, Inc.

      

7.625%, 6/15/14 (a)

    690    672,750

7.875%, 6/15/17 (a)

    855    831,488

Reynolds American, Inc.

      

7.25%, 6/01/13 (a)

    1,350    1,401,293

7.625%, 6/01/16 (a)

    1,300    1,376,428

RH Donnelley Corp.

      

Series A-1

      

6.875%, 1/15/13 (a)

    500    473,750

Series A-3

      

8.875%, 1/15/16 (a)

    200    208,000

Rite Aid Corp.

      

6.875%, 8/15/13 (a)

    600    528,000

9.25%, 6/01/13 (a)

    500    496,250

9.375%, 12/15/15 (a)(e)

    260    249,600

9.50%, 6/15/17 (a)(e)

    436    418,560

Rural Cellular Corp.

      

9.75%, 1/15/10 (a)

    650    671,125

Sbarro, Inc.

      

10.375%, 2/01/15 (a)

    200    194,750

Select Medical Corp.

      

7.625%, 2/01/15 (a)

    600    537,000

Serena Software, Inc.

      

Series WI

      

10.375%, 3/15/16 (a)

    200    215,500

Sierra Pacific Resources

      

8.625%, 3/15/14 (a)

    600    643,987

Sirius Satellite Radio, Inc.

      

9.625%, 8/01/13 (a)

    400    392,000

Six Flags, Inc.

      

9.75%, 4/15/13 (a)

    700    658,875

SLM Corp.

      

4.50%, 7/26/10 (a)

    465    429,946

5.125%, 8/27/12 (a)

    465    411,618

Spectrum Brands, Inc.

      

7.375%, 2/01/15 (a)

    500    401,875

Stater Brothers Holdings

      

8.125%, 6/15/12 (a)

    300    302,250

Station Casinos, Inc.

      

6.625%, 3/15/18 (a)

    300    258,000

Sungard Data Systems, Inc.

      

9.125%, 8/15/13 (a)

    1,300    1,330,875

Tenet Healthcare Corp.

      

7.375%, 2/01/13 (a)

    1,100    994,125

Tenneco, Inc.

      

8.625%, 11/15/14 (a)

    300    309,000

Terrestar Networks, Inc.

      

15.00%, 2/15/14 (a)(e)(f)

    1,120    1,227,800

Tesoro Corp.

      

6.50%, 6/01/17 (a)(e)

    1,380    1,348,950

Time Warner Telecom Holdings, Inc.

      

9.25%, 2/15/14 (a)

    500    530,000

Trinity Industries, Inc.

      

6.50%, 3/15/14 (a)

    1,250    1,221,875

Trump Entertainment Resorts, Inc.

      

8.50%, 6/01/15 (a)

    200    198,500

Turning Stone Resort Casino Enterprise

      

9.125%, 12/15/10 (a)(e)

    600    610,500

TXU Corp.

      

Series P

      

5.55%, 11/15/14 (a)

    1,050    891,373

Series Q

      

6.50%, 11/15/24 (a)

    1,050    868,200

Unisys Corp.

      

8.00%, 10/15/12 (a)

    300    291,750

United Rentals North America, Inc.

      

6.50%, 2/15/12 (a)

    1,500    1,473,750

Universal City Florida Holding Co.

      

8.375%, 5/01/10 (a)

    400    409,000

Vanguard Health Holding Co.

      

11.25%, 10/01/15 (a)(g)

    500    407,500

Viant Holdings, Inc.

      

10.125%, 7/15/17 (a)(e)

    383    384,915

Visant Corp.

      

7.625%, 10/01/12 (a)

    500    497,500

Visteon Corp.

      

7.00%, 3/10/14 (a)

    550    474,375

8.25%, 8/01/10 (a)

    250    248,125

WDAC Subsidiary Corp.

      

8.375%, 12/01/14 (a)(e)

    700    735,000

West Corp.

      

9.50%, 10/15/14 (a)

    250    256,250

William Lyon Homes, Inc.

      

10.75%, 4/01/13 (a)

    500    470,000

Williams Cos, Inc.

      

7.625%, 7/15/19 (a)

      2,805    2,959,275

Windstream Corp.

      

8.125%, 8/01/13 (a)

      450    470,250

8.625%, 8/01/16 (a)

      450    475,875

WMG Holdings Corp.

      

9.50%, 12/15/14 (a)(g)

      1,700    1,292,000

Wynn Las Vegas LLC/Corp.

      

6.625%, 12/01/14 (a)

      1,500    1,445,625

XM Satellite Radio, Inc.

      

9.75%, 5/01/14 (a)

      395    387,100
       
      165,813,125
       

Total Corporates

(cost $319,361,963)

       315,197,372
       

MANUFACTURED HOUSING LOANS – FLOATING RATES—1.1%

      

New Zealand—1.1%

      

Hbos Treasury

     

7.98%, 4/13/09 (a)(c)

(cost $11,468,349)

    NZD 15,800    12,180,783
       

SUPERNATIONALS—1.0%

      

Snat—1.0%

      

Inter-American Development Bank

      

13.00%, 6/20/08 (a)

(cost $11,341,236)

    ISK 717,000    11,494,808
       

INFLATION-LINKED SECURITIES—0.7%

      

Uruguay—0.7%

      

Uruguay Government International Bond

      

3.70%, 6/26/37 (a)

    UYU 48,814    1,959,165

4.25%, 4/05/27 (a)

      94,477    4,224,556

5.00%, 9/14/18 (a)

      22,575    1,063,479
       

Total Inflation-Linked Securities

(cost $6,982,700)

       7,247,200
       
     Shares     

EQUITIES – WARRANTS—0.2%

      

Central Bank of Nigeria, expiring 11/15/20 (h)

      10,750    2,741,250
       

Republic of Venezuela, expiring 4/15/20 (a)(h)

      45,599    0
       

Total Equities—Warrants

(cost $0)

       2,741,250
       
    

Principal Amount

(000)

     

SHORT-TERM INVESTMENTS—0.3%

      

Time Deposit—0.3%

      

The Bank of New York

      

4.25%, 7/02/07

    US$ 508    508,000

Societe Generale

      

5.33%, 7/02/07

    2,800      2,800,000  
           

Total Short-Term Investments

(cost $3,308,000)

         3,308,000  
           

Total Investments—111.0%

(cost $1,167,855,745)

         1,240,561,161  

Other assets less liabilities—(11.0)%

         (122,568,356 )
           

Net Assets—100.0%

       $ 1,117,992,805  
           

CREDIT DEFAULT SWAP CONTRACTS

 

Swap Counterparty &

Referenced Obligation

    Notional
Amount
(000)		   

Interest

Rate

    

Termination

Date

    Unrealized
Appreciation/
(Depreciation)		  

Buy Contracts:

           

Lehman Brothers (Republic of Venzuela 9.25% 9/15/27)

    $ 11,430    1.26 %   4/20/10    $ 250,928  

Sale Contracts:

           

Citigroup Global Markets, Inc. (Federal Republic of Brazil 12.25% 3/6/30)

      21,380    3.09     8/20/10      1,854,319  

Citigroup Global Markets, Inc. (Republic of Philippines 10.625% 3/16/25)

      4,590    4.95     3/20/09      347,864  

JPMorgan Chase (OAO Gazprom 10.50% 4/25/07 - 6/01/15)

      12,210    1.04     10/20/10      242,676  

Lehman Brothers (Republic of Venzuela 9.25% 9/15/27)

      11,430    0.69     4/20/08      (64,976 )

Morgan Stanley (Federal Republic of Brazil 10.125% 5/15/27)

      8,000    17.75     2/13/08      1,420,118  

FORWARD CURRENCY EXCHANGE CONTRACTS

 

     Contract
Amount
(000)		   

U.S. $

Value on
Origination
Date

   

U.S. $ Value at
June 30,

2007

    Unrealized
Appreciation/
(Depreciation)		  

Sale Contracts:

            

Mexican Nuevo Peso settling 8/03/07

    386,063    $ 35,530,062    $ 35,667,693    $ (137,631 )

REVERSE REPURCHASE AGREEMENTS

 

Broker

    Interest Rate     Maturity    Amount

ABN Amro Securities

    3.25 %   12/31/07    $ 2,715,980

ABN Amro Securities

    4.85     12/31/07      4,861,998

ABN Amro Securities

    5.05     12/31/07      14,362,409

ABN Amro Securities

    5.10     12/31/07      8,126,826

ABN Amro Securities

    5.10     12/31/07      14,637,438

JPMorgan Chase

    4.95     12/31/07      4,350,719

JPMorgan Chase

    5.00     12/31/07      14,503,434

JPMorgan Chase

    5.00     12/31/07      17,783,437

JPMorgan Chase

    5.10     12/31/07      43,216,287

JPMorgan Chase

    5.15     12/31/07      19,174,164

JPMorgan Chase

    5.15     12/31/07      13,839,892
           
        $ 157,572,584
           

(a) Position, or a portion thereof, has been segregated to collateralize forward currency exchange contracts. The aggregate market value of these securities amounted to $1,084,034,618.
(b) Variable rate coupon, rate shown as of June 30, 2007.
(c) Floating Rate Security. Stated interest rate was in effect at June 30, 2007.
(d) Position, or a portion thereof, has been segregated to collateralize reverse repurchase agreements. The aggregate market value of these securities amounted to $157,055,406.
(e) Security is exempt from registration under Rule 144A of the Securities Act of 1933. These securities are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. At June 30, 2007, the aggregate market value of these securities amounted to $299,841,646 or 26.8% of net assets.
(f) Pay-In-Kind Payments (PIK).
(g) Indicates a security that has a zero coupon that remains in effect until a predetermined date at which time the stated coupon rate becomes effective until final maturity.
(h) Non-income producing security.

Currency Abbreviations:

 

ARS   -   Argentine Peso
BRL   -   Brazilian Real
COP   -   Colombian Peso
HUF   -   Hungarian Forint
MXN   -   Mexican Peso
NZD   -   New Zealand Dollar
PEN   -   Peruvian New Sol
RUB   -   Russia Ruble
TRY   -   New Turkish Lira
UYU   -   Uruguayan Peso
ZAR   -   South African Rand

ITEM 2. CONTROLS AND PROCEDURES.

(a) The registrant’s principal executive officer and principal financial officer have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended) are effective at the reasonable assurance level based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this document.

(b) There were no changes in the registrant’s internal controls over financial reporting that occurred during the second fiscal quarter of the period that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

ITEM 3. EXHIBITS.

The following exhibits are attached to this Form N-Q:

 

EXHIBIT NO.

  

DESCRIPTION OF EXHIBIT

3 (a) (1)

   Certification of Principal Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

3 (a) (2)

   Certification of Principal Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant AllianceBernstein Global High Income Fund, Inc.

 

By:  

/s/ Marc O. Mayer

  
  Marc O. Mayer  
  President  

Date: August 20, 2007

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:  

/s/ Marc O. Mayer

  
  Marc O. Mayer  
  President  
Date: August 20, 2007
By:  

/s/ Joseph J. Mantineo

  
  Joseph J. Mantineo  
  Treasurer and Chief Financial Officer  
Date: August 20, 2007