AllianceBernstein Global High Income Fund Releases Monthly Portfolio Update

NEW YORK, Oct. 23 /PRNewswire-FirstCall/ -- AllianceBernstein Global High
Income Fund, Inc. (NYSE: AWF) (the "Fund") today released its monthly
portfolio update as of September 30, 2009.

AllianceBernstein Global High Income Fund
As of: 09/30/2009

Top 10 Fixed-Income Holdings

Portfolio %
1)Argentina Bonos 7.00%, 10/03/15 3.24%
2)Republic of Brazil 12.50%, 1/05/16 - 1/05/22 2.64%
3)RSHB Capital SA for OJSC Russian 1.44%
Agricultural Bank 7.75%, 5/29/18
4)Turkey Government Bond 16.00%, 3/07/12 1.41%
5)Republic of Colombia 7.375%, 1/27/17 - 1.33%
9/18/37
6)Republic of Philippines 9.875%, 1/15/19 1.19%
7)Citigroup/Deutsche Bank Commercial Mortgage 1.17%
Trust Series 2006-CD2, Class A2 5.408%,
1/15/46
8)GS Mortgage Securities Corp. II Series 1.13%
2006-GG6, Class A2 5.506%, 4/10/38
9)Greenwich Capital Commercial Funding Corp. 1.12%
Series 2005-GG5, Class A2 5.117%, 4/10/37
10)Citibank Omni Master Trust Series 2009-A14, 1.05%
Class A14 3.004%, 8/15/18

Security Type Breakdown
Portfolio %
Corporates - Non-Investment Grades:
Industrial:
Basic 4.81%
Consumer Non-Cyclical 3.67%
Consumer Cyclical - Other 3.27%
Capital Goods 2.81%
Communications - Telecommunications 2.53%
Communications - Media 2.49%
Technology 2.05%
Energy 1.82%
Consumer Cyclical - Retailers 1.58%
Consumer Cyclical - Automotive 1.05%
Services 1.02%
Other Industrial 0.70%
Transportation - Services 0.45%
Transportation - Airlines 0.18%
Transportation - Railroads 0.12%
Consumer Cyclical - Restaurants 0.10%
Consumer Cyclical - Entertainment 0.09%
SUBTOTAL 28.74%
Financial Institutions:
Banking 1.98%
Finance 0.75%
Insurance 0.63%
REITS 0.19%
Other Finance 0.17%
Brokerage 0.13%
SUBTOTAL 3.85%
Utility:
Electric 1.95%
Natural Gas 0.48%
SUBTOTAL 2.43%
Credit Default Index Holdings:
DJ CDX.NA.HY-100 0.86%
SUBTOTAL 0.86%
SUBTOTAL 35.88%
Emerging Markets - Sovereigns 21.00%
Corporates - Investment Grades:
Financial Institutions:
Banking 1.90%
Insurance 0.83%
Finance 0.34%
Other Finance 0.27%
SUBTOTAL 3.34%
Industrial:
Basic 1.38%
Energy 0.57%
Other Industrial 0.46%
Communications - Telecommunications 0.26%
Consumer Non-Cyclical 0.19%
Technology 0.09%
Consumer Cyclical - Retailers 0.01%
SUBTOTAL 2.96%
Non Corporate Sectors:
Agencies - Not Government Guaranteed 2.30%
SUBTOTAL 2.30%
Utility:
Electric 0.32%
SUBTOTAL 0.32%
SUBTOTAL 8.92%
Commercial Mortgage-Backed Securities:
Non-Agency Fixed Rate CMBS 7.77%
Quasi-Sovereigns:
Quasi-Sovereign Bonds 5.55%
Governments - Treasuries:
Treasuries 5.09%
Governments - Sovereign Bonds 3.94%
Emerging Markets - Treasuries 2.60%
Bank Loans:
Industrial:
Communications - Media 0.40%
Consumer Non-Cyclical 0.21%
Services 0.17%
Technology 0.15%
Capital Goods 0.14%
Consumer Cyclical - Other 0.14%
Basic 0.09%
Energy 0.07%
Consumer Cyclical - Retailers 0.06%
Other Industrial 0.02%
Consumer Cyclical - Automotive 0.02%
SUBTOTAL 1.47%
Utility:
Electric 0.21%
SUBTOTAL 0.21%
Financial Institutions:
Finance 0.05%
Insurance 0.04%
SUBTOTAL 0.09%
SUBTOTAL 1.77%
Emerging Markets - Corporate Bonds:
Financial Institutions:
Banking 0.74%
Other Finance 0.23%
SUBTOTAL 0.97%
Industrial:
Energy 0.13%
Consumer Cyclical - Retailers 0.11%
Consumer Non-Cyclical 0.11%
Basic 0.05%
SUBTOTAL 0.40%
SUBTOTAL 1.37%
Asset-Backed Securities:
Credit Cards - Floating Rate 1.05%
Home Equity Loans - Floating Rate 0.29%
SUBTOTAL 1.34%
Equities:
Common Stock 0.36%
Warrants 0.09%
SUBTOTAL 0.45%
Governments - Sovereign Agencies 0.35%
CMOs:
Non-Agency ARMS 0.35%
Inflation-Linked Securities 0.30%
Local Governments - Regional Bonds 0.30%
Supranationals 0.07%
Preferred Stocks:
Financial Institutions 0.05%
Non Corporate Sectors 0.01%
SUBTOTAL 0.06%
Short-Term Investments:
Investment Companies 2.89%
Total 100.00%

Country Breakdown
Portfolio %
United States 45.35%
Russia 9.29%
Brazil 6.65%
Argentina 4.09%
Indonesia 3.69%
Venezuela 3.69%
Colombia 3.01%
Turkey 2.58%
Philippines 1.79%
Kazakhstan 1.65%
Hungary 1.57%
Ukraine 1.35%
Uruguay 1.33%
Peru 1.32%
United Kingdom 1.18%
Canada 1.07%
El Salvador 1.06%
Panama 1.05%
Dominican Republic 1.01%
Hong Kong 0.82%
South Africa 0.63%
Ghana 0.53%
France 0.49%
Netherlands 0.44%
Germany 0.42%
Ireland 0.40%
Egypt 0.40%
India 0.35%
Iceland 0.35%
Jamaica 0.31%
Singapore 0.24%
Bermuda 0.21%
Gabon 0.21%
Norway 0.17%
Serbia & Montenegro 0.16%
Trinidad And Tobago 0.15%
Luxembourg 0.14%
Cayman Islands 0.14%
Czech Republic 0.13%
Japan 0.12%
Australia 0.10%
Nigeria 0.09%
Italy 0.08%
Poland 0.07%
Supranational 0.07%
Belgium 0.03%
Costa Rica 0.02%
Total 100.00%

Credit Quality Breakdown
Portfolio %
AAA 9.11%
AA 0.38%
A 2.21%
BBB 25.39%
BB 28.10%
B 22.94%
CCC 7.19%
CC 1.07%
C 0.20%
D 0.50%
A-1+ 2.91%
Total Investments 100.00%

Portfolio Statistics:
Percentage of Leverage:
Bank Borrowing: 0.00%
Investment Operations: 15.76%*
Preferred Stock: 0.00%
Tender Option Bonds: 0.00%
Total: 15.76%, as of 09/30/2009

Avg. Maturity: 8.66 Years
Effective Duration: 5.38 Years, as of 09/30/2009
Total Net Assets: $1,141.6 Million
Net Asset Value: $13.44
Number of Holdings: 631

* Investment Operations may include the use of certain portfolio management
techniques such as credit default swaps, dollar rolls, negative cash, reverse
repurchase agreements and when-issued securities.

The foregoing portfolio characteristics are as of the date indicated and can
be expected to change. The Fund is a closed-end U.S.-registered management
investment company advised by AllianceBernstein L. P.

SOURCE AllianceBernstein Global High Income Fund, Inc.

Shareholders: +1-800-221-5672