Fund Reports $15.1M Q3 Income, NAV Drops to $11.43 as Assets Dip
AllianceBernstein Global High Income Fund reported Q3 net investment income of $15.1M ($0.17 per share) against a $1.78M net loss ($0.02 per share). Total net assets fell to $985.2M and NAV per share slipped to $11.43 from $11.52 in the prior quarter.
1. Third Quarter Financial Results
AllianceBernstein Global High Income Fund reported total net investment income of $15,059,136 ($0.17 per share) for the quarter ended December 31, 2025, compared with $31,772,437 ($0.20 per share) in the prior quarter. Net realized and unrealized loss totaled $1,784,553 ($0.02 per share) against a $9,886,429 gain in the previous quarter.
2. Net Assets and NAV Trends
As of December 31, 2025, total net assets stood at $985,227,126, down from $993,104,684 at September 30, 2025 and $978,431,163 a year earlier. NAV per share declined to $11.43 from $11.52 at the end of the second quarter while outstanding shares remained steady at 86,229,677.
3. Fund Management and Strategy
The fund, managed by AllianceBernstein, maintains a diversified portfolio of high-yield debt. Quarterly income generation and market valuation shifts will influence future distribution levels and NAV stability.