UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811- 21337

Salomon Brothers Global High Income Fund Inc.

(Exact name of registrant as specified in charter)

     125 Broad Street, New York, NY 10004
(Address of principal executive offices) (Zip code)

     Robert I. Frenkel, Esq.
Legg Mason & Co., LLC
300 First Stamford Place
Stamford, CT 06902
(Name and address of agent for service)

Registrant's telephone number, including area code: 1-800-725-6666

     Date of fiscal year end: May 31
Date of reporting period:
February 28, 2006


SALOMON BROTHERS GLOBAL HIGH
INCOME FUND INC.

 

     FORM N-Q
FEBRUARY 28, 2006

 

 


ITEM 1.  SCHEDULE OF INVESTMENTS 

SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a) 
VALUE   





 
CORPORATE BONDS & NOTES — 31.9%       
Aerospace & Defense — 0.4%       
1,150,000    DRS Technologies Inc., Senior Subordinated Notes, 6.875% due 11/1/13  $  1,152,875   
650,000    Moog Inc., Senior Subordinated Notes, 6.250% due 1/15/15    646,750   
    Sequa Corp.:       
225,000           Senior Notes, 9.000% due 8/1/09    243,562   
1,250,000           Senior Notes, Series B, 8.875% due 4/1/08    1,315,625   


 
    Total Aerospace & Defense    3,358,812   


 
Airlines — 0.1%       
    Continental Airlines Inc., Pass-Through Certificates:       
228,607           Series 1998-I, Class C, 6.541% due 9/15/08    215,089   
214,931           Series 974C, 6.800% due 7/2/07    202,391   


 
    Total Airlines    417,480   


 
Auto Component — 0.2%       
750,000    Keystone Automotive Operations Inc., Senior Subordinated Notes, 9.750%       
           due 11/1/13    658,125   
75,000    Tenneco Automotive Inc., Senior Subordinated Notes, 8.625% due 11/15/14    75,000   
892,000    TRW Automotive Inc., Senior Notes, 9.375% due 2/15/13    972,280   


 
    Total Auto Components    1,705,405   


 
Automobiles — 1.2%       
    Ford Motor Co.:       
           Debentures:       
200,000                   6.625% due 10/1/28    135,000   
275,000                   8.900% due 1/15/32    213,125   
7,550,000           Notes, 7.450% due 7/16/31    5,398,250   
550,000           Senior Notes, 4.950% due 1/15/08    506,894   
    General Motors Corp., Senior Debentures:       
300,000           8.250% due 7/15/23    207,750   
4,175,000           8.375% due 7/15/33    2,964,250   


 
    Total Automobiles    9,425,269   


 
Beverages — 0.1%       
1,075,000    Constellation Brands Inc., Senior Subordinated Notes, Series B, 8.125% due       
           1/15/12    1,131,438   


 
Building Products— 0.1%       
450,000    Nortek Inc., Senior Subordinated Notes, 8.500% due 9/1/14    451,125   


 
Capital Markets — 0.1%       
715,000    BCP Crystal U.S. Holdings Corp., Senior Subordinated Notes, 9.625% due       
           6/15/14    803,481   


 
Chemicals — 1.6%       
750,000    Equistar Chemicals LP, Senior Notes, 10.625% due 5/1/11    819,375   
1,375,000    Ethyl Corp., Senior Notes, 8.875% due 5/1/10    1,443,750   
1,200,000    Hercules Inc., Senior Subordinated Notes, 6.750% due 10/15/29    1,182,000   
    Huntsman International LLC, Senior Subordinated Notes:      
762,000           10.125% due 7/1/09    784,860   
350,000           7.875% due 1/1/15 (b)    357,000   
175,000    IMC Global Inc., Senior Notes, 10.875% due 8/1/13    202,125   
1,425,000    Lyondell Chemical Co., Senior Secured Notes, Series A, 9.625% due 5/1/07    1,482,000   
100,000    Millennium America Inc., Senior Notes, 9.250% due 6/15/08    103,250   
1,125,000    Nalco Co., Senior Subordinated Notes, 8.875% due 11/15/13    1,184,063   
990,000    NOVA Chemicals Corp., Senior Notes, 6.500% due 1/15/12    957,825   
1,125,000    OM Group Inc., Senior Subordinated Notes, 9.250% due 12/15/11    1,130,625   
600,000    PQ Corp., Senior Subordinated Notes, 7.500% due 2/15/13 (b)    579,000   

See Notes to Schedule of Investments.

1


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
Chemicals (continued)       
750,000    Resolution Performance Products LLC, Senior Subordinated Notes, 13.500%     
           due 11/15/10  $ 806,250   
1,235,000    Rhodia SA, Senior Subordinated Notes, 8.875% due 6/1/11    1,287,487   





 
    Total Chemicals    12,319,610   





 
Commercial Services & Supplies — 0.7%       
225,000    Allied Security Escrow Corp., Senior Subordinated Notes, 11.375% due       
           7/15/11    212,625   
    Allied Waste North America Inc.:       
400,000           Senior Notes, 7.250% due 3/15/15    408,000   
1,083,000           Senior Secured Debenture Notes, Series B, 9.250% due 9/1/12    1,180,470   
900,000           Senior Secured Notes, Series B, 7.375% due 4/15/14    888,750   
    Cenveo Corp.:       
425,000           Senior Notes, 9.625% due 3/15/12    459,000   
725,000           Senior Subordinated Notes, 7.875% due 12/1/13    721,375   
600,000    Corrections Corporation of America, Senior Subordinated Notes, 6.250% due     
           3/15/13    598,500   
1,225,000    DI Finance/DynCorp International LLC, Senior Subordinated Notes, 9.500%     
           due 2/15/13    1,274,000   





 
    Total Commercial Services & Supplies    5,742,720   





 
Communications Equipment — 0.3%       
3,000,000    Lucent Technologies Inc., Debentures, 6.450% due 3/15/29    2,546,250   





 
Computers & Peripherals — 0.0%       
325,000    SunGard Data Systems Inc., Senior Notes, 9.125% due 8/15/13 (b)    347,344   





 
Containers & Packaging — 1.1%       
1,050,000    Berry Plastics Corp., Senior Subordinated Notes, 10.750% due 7/15/12    1,147,125   
    Graphic Packaging International Corp.:       
500,000           Senior Notes, 8.500% due 8/15/11    505,000   
625,000           Senior Subordinated Notes, 9.500% due 8/15/13    596,875   
332,000    Jefferson Smurfit Corp., Senior Notes, 8.250% due 10/1/12    326,190   
1,250,000    JSG Funding PLC, Senior Notes, 9.625% due 10/1/12    1,315,625   
1,575,000    Owens-Illinois Inc., Senior Notes, 7.350% due 5/15/08    1,602,562   
    Pliant Corp.:       
360,178           Senior Secured Notes, 11.625% due 6/15/09 (c)(d)    394,395   
100,000           Senior Secured Second Lien Notes, 11.125% due 9/1/09 (d)    92,500   
225,000           Senior Subordinated Notes, 13.000% due 6/1/10 (d)    56,250   
575,000    Radnor Holdings Corp., Senior Notes, 11.000% due 3/15/10    439,875   
    Smurfit-Stone Container Enterprises Inc., Senior Notes:      
650,000           9.750% due 2/1/11    668,688   
1,000,000           8.375% due 7/1/12    985,000   
600,000    Tekni-Plex Inc., Senior Subordinated Notes, Series B, 12.750% due 6/15/10  354,000   





 
    Total Containers & Packaging    8,484,085   





 
Diversified Consumer Services — 0.0%       
375,000    Hertz Corp., Senior Notes, 8.875% due 1/1/14 (b)    393,750   





 
Diversified Financial Services — 2.8%       
    Alamosa Delaware Inc.:       
679,000           Senior Discount Notes, step bond to yield 11.437% due 7/31/09    738,413   
487,000           Senior Notes, 11.000% due 7/31/10    545,440   
675,000    Basell AF SCA, Senior Notes, 8.375% due 8/15/15 (b)    681,750   
550,000    CCM Merger Inc., Notes, 8.000% due 8/1/13 (b)    550,000   
    Ford Motor Credit Co., Notes:       
2,800,000           6.625% due 6/16/08    2,608,133   
50,000           7.875% due 6/15/10    46,284   

See Notes to Schedule of Investments.

2


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
Diversified Financial Services (continued)       
5,375,000   General Motors Acceptance Corp., Bonds, 8.000% due 11/1/31  $ 
4,921,242 
 
487,000   Global Cash Access LLC/Global Cash Finance Corp., Senior Subordinated     
         Notes, 8.750% due 3/15/12    525,351   
300,000   Hexion US Finance Corp./Hexion Nova Scotia Finance ULC, Senior Secured     
         Notes, 9.000% due 7/15/14    310,125   
800,000   Sensus Metering Systems Inc., Senior Subordinated Notes, 8.625% due       
         12/15/13    770,000   
9,262,196   Targeted Return Index Securities (TRAINS), Secured Notes, Series HY-2005-     
         1, 7.651% due 6/15/15 (b)    9,520,741   
1,475,000   Vanguard Health Holdings Co. I LLC, Senior Discount Notes, step bond to     
         yield 9.882% due 10/1/15    1,098,875   





 
  Total Diversified Financial Services    22,316,354   





 
Diversified Telecommunication Services — 1.3%       
900,000   AT&T Corp., Senior Notes, 9.750% due 11/15/31    1,129,559   
1,000,000   Insight Midwest LP/Insight Capital Inc., Senior Notes, 10.500% due 11/1/10  1,058,750   
300,000   Intelsat Bermuda Ltd., Senior Notes, 9.609% due 1/15/12 (b)(e)    307,500   
1,200,000   NTL Cable PLC, Senior Notes, 8.750% due 4/15/14    1,230,000   
315,000   PanAmSat Corp., Senior Notes, 9.000% due 8/15/14    333,900   
    Qwest Communications International Inc., Senior Notes:      
590,000          7.500% due 2/15/14    609,175   
1,520,000          Series B, 7.500% due 2/15/14    1,569,400   
  Qwest Corp.:       
260,000          7.500% due 6/15/23    265,200   
2,155,000          Debentures, 6.875% due 9/15/33    2,079,575   
8,000,000   MXN  Telefonos de Mexico SA de CV, 8.750% due 1/31/16    776,709   
900,000
        Zeus Special, Senior Discount Notes, step bond to yield 9.363% due 2/1/15 (b)    621,000   





 
  Total Diversified Telecommunication Services    9,980,768   





 
Electric Utilities — 0.7%      
  Edison Mission Energy, Senior Notes:       
1,525,000          10.000% due 8/15/08    1,669,875   
175,000          9.875% due 4/15/11    202,563   
1,400,000   Inergy L.P./Inergy Finance Corp., Senior Notes, 6.875% due 12/15/14    1,340,500   
  Reliant Energy Inc., Senior Secured Notes:       
25,000          9.250% due 7/15/10    25,531   
2,025,000          9.500% due 7/15/13    2,075,625   




 
  Total Electric Utilities    5,314,094   




 
Electronic Equipment & Instruments — 0.2%       
550,000   Kinetek Inc., Senior Notes, Series D, 10.750% due 11/15/06    540,375   
1,375,000   Muzak LLC/Muzak Finance Corp., Senior Notes, 10.000% due 2/15/09    1,204,844   




 
  Total Electronic Equipment & Instruments    1,745,219   




 
Energy Equipment & Services — 0.2%       
969,000   Dresser-Rand Group Inc., Senior Subordinated Notes, 7.625% due 11/1/14 (b)  1,012,605   
775,000   Targa Resources Inc., Senior Notes, 8.500% due 11/1/13 (b)    825,375   




 
  Total Energy Equipment & Services    1,837,980   




 
Food & Staples Retailing — 0.2%
     
375,000   Jean Coutu Group Inc., Senior Subordinated Notes, 8.500% due 8/1/14    360,000   
900,000   Rite Aid Corp., Senior Secured Notes, 7.500% due 1/15/15    871,875   




 
  Total Food & Staples Retailing    1,231,875   




 

See Notes to Schedule of Investments.

3


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
Food Products — 0.6%       
582,261    Ahold Lease USA Inc. , Pass-Through Certificates, Series 2001 A-1, 7.820%     
           due 1/2/20  $ 
623,383 
 
575,000    Dean Foods Co., Senior Notes, 6.900% due 10/15/17    587,937   
675,000    Doane Pet Care Co., Senior Subordinated Notes, 10.625% due 11/15/15 (b)  717,187   
    Dole Food Co. Inc., Senior Notes:       
575,000           7.250% due 6/15/10    556,313   
432,000           8.875% due 3/15/11    437,940   
600,000    Pinnacle Foods Holding Corp., Senior Subordinated Notes, 8.250% due       
           12/1/13    591,000   
250,000    Swift & Co., Senior Notes, 10.125% due 10/1/09    257,813   
1,129,000    United Agri Products Inc., Senior Notes, 8.250% due 12/15/11    1,196,740   




 
    Total Food Products    4,968,313   




 
Health Care Providers & Services — 1.7%       
1,100,000    AmeriPath Inc., Senior Subordinated Notes, 10.500% due 4/1/13    1,166,000   
775,000    Community Health Systems Inc., Senior Subordinated Notes, 6.500% due 12/15/12 
771,125 
 
1,300,000    DaVita Inc., Senior Subordinated Notes, 7.250% due 3/15/15    1,332,500   
750,000    Extendicare Health Services Inc., Senior Subordinated Notes, 9.500% due 7/1/10 
795,938 
 
1,075,000    Genesis HealthCare Corp., Senior Subordinated Notes, 8.000% due 10/15/13  1,136,813   
    HCA Inc.:       
2,025,000           Debentures, 7.050% due 12/1/27    1,946,768   
           Notes:       
400,000                   6.375% due 1/15/15    401,372   
75,000                   7.690% due 6/15/25    77,914   
1,675,000    IASIS Healthcare LLC/IASIS Capital Corp., Senior Subordinated Notes,       
           8.750% due 6/15/14    1,708,500   
125,000    InSight Health Services Corp., Senior Subordinated Notes, Series B, 9.875% due 11/1/11 
70,000 
 
775,000    National Mentor Inc., Senior Subordinated Notes, 9.625% due 12/1/12    829,250   
667,000    Psychiatric Solutions Inc., Senior Subordinated Notes, 10.625% due 6/15/13  752,876   
    Tenet Healthcare Corp., Senior Notes:       
125,000           7.375% due 2/1/13    115,313   
1,050,000           9.875% due 7/1/14    1,073,625   
1,275,000    Triad Hospitals Inc., Senior Subordinated Notes, 7.000% due 11/15/13    1,292,531   




 
    Total Health Care Providers & Services    13,470,525   




 
Hotels, Restaurants & Leisure — 3.4%       
1,100,000    AMF Bowling Worldwide Inc., Senior Subordinated Notes, 10.000% due       
           3/1/10    1,133,000   
675,000    Boyd Gaming Corp., Senior Subordinated Notes, 6.750% due 4/15/14    676,688   
    Caesars Entertainment Inc.:       
1,825,000           Senior Notes, 7.000% due 4/15/13    1,933,901   
650,000           Senior Subordinated Notes, 8.875% due 9/15/08    702,813   
575,000    Choctaw Resort Development Enterprise, Senior Notes, 7.250% due 11/15/19 (b) 
589,375 
 
1,600,000    Cinemark Inc., Senior Discount Notes, step bond to yield 9.686% due 3/15/14  1,200,000   
875,000    Denny's Holdings Inc., Senior Notes, 10.000% due 10/1/12    918,750   
1,175,000    Gaylord Entertainment Co., Senior Notes, 6.750% due 11/15/14    1,166,187   
825,000    Herbst Gaming Inc., Senior Subordinated Notes, 7.000% due 11/15/14    829,125   
950,000    Hilton Hotels Corp., Notes, 7.625% due 12/1/12    1,031,571   
850,000    Inn of the Mountain Gods Resort & Casino, Senior Notes, 12.000% due 11/15/10   
902,063 
 
1,150,000    Isle of Capri Casinos Inc., Senior Subordinated Notes, 7.000% due 3/1/14  1,155,750   
1,000,000    Kerzner International Ltd., Senior Subordinated Notes, 6.750% due 10/1/15  997,500   

See Notes to Schedule of Investments.

4


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
Hotels, Restaurants & Leisure (continued)       
975,000    Las Vegas Sands Corp., Senior Notes, 6.375% due 2/15/15 
$ 
950,625   
    MGM MIRAGE Inc.:       
           Senior Notes:       
1,600,000                   6.750% due 9/1/12    1,634,000   
675,000                   5.875% due 2/27/14    653,906   
400,000                   6.625% due 7/15/15    403,500   
87,000           Senior Subordinated Notes, 9.375% due 2/15/10    95,918   
    Mohegan Tribal Gaming Authority, Senior Subordinated Notes:       
675,000           7.125% due 8/15/14    698,625   
625,000           6.875% due 2/15/15    635,156   
1,150,000    Penn National Gaming Inc., Senior Subordinated Notes, 6.750% due 3/1/15  1,161,500   
    Pinnacle Entertainment Inc., Senior Subordinated Notes:    
450,000           8.250% due 3/15/12    470,250   
675,000           8.750% due 10/1/13    725,625   
1,150,000    Seneca Gaming Corp., Senior Notes, 7.250% due 5/1/12    1,173,000   
    Six Flags Inc., Senior Notes:       
250,000           9.750% due 4/15/13    256,875   
475,000           9.625% due 6/1/14    484,500   
1,225,000    Starwood Hotels & Resorts Worldwide Inc., Senior Notes, 7.875% due 5/1/12  1,350,562   
1,125,000    Station Casinos Inc., Senior Subordinated Notes, 6.875% due 3/1/16    1,150,312   
2,000,000    Turning Stone Casino Resort Enterprise, Senior Notes, 9.125% due 12/15/10 (b) 
2,090,000 
 

 
    Total Hotels, Restaurants & Leisure    27,171,077   




 
Household Durables — 0.5%       
77,000    Applica Inc., Senior Subordinated Notes, 10.000% due 7/31/08    75,075   
1,100,000    Interface Inc., Senior Subordinated Notes, 9.500% due 2/1/14    1,133,000   
1,400,000    Norcraft Cos. LP/Norcraft Finance Corp., Senior Subordinated Notes, 9.000%     
           due 11/1/11    1,454,250   
525,000    Sealy Mattress Co., Senior Subordinated Notes, 8.250% due 6/15/14    551,250   
1,061,000    Tempur-Pedic Inc./Tempur Production USA Inc., Senior Subordinated Notes,     
           10.250% due 8/15/10    1,140,575   




 
    Total Household Durables    4,354,150   




 
Household Products — 0.0%       
132,317    Spectrum Brands Inc., Senior Subordinated Notes, 7.375% due 2/1/15    114,785   




 
Independent Power Producers & Energy Traders — 1.4%       
    AES Corp., Senior Notes:       
525,000           9.375% due 9/15/10    578,813   
950,000           7.750% due 3/1/14    1,008,187   
1,700,000    Calpine Corp., Second Priority Senior Secured Notes, 8.500% due 7/15/10 (b)(d) 
1,589,500 
 
625,000    Calpine Generating Co. LLC, Senior Secured Notes, 13.216% due 4/1/11 (d)  684,375   
    Dynegy Holdings Inc., Second Priority Senior Secured Notes:       
3,000,000           11.100% due 7/15/08 (b)(e)    3,157,500   
350,000           10.125% due 7/15/13 (b)    395,500   
900,000    Mirant North America LLC, Senior Notes, 7.375% due 12/31/13 (b)    928,125   
    NRG Energy Inc., Senior Notes:       
450,000           7.250% due 2/1/14    462,375   
2,075,000           7.375% due 2/1/16    2,142,437   




 
    Total Independent Power Producers & Energy Traders    10,946,812   




 
Industrial Conglomerates — 0.2% 
     
1,500,000    Koppers Inc., Senior Notes, 9.875% due 10/15/13    1,627,500   




 

See Notes to Schedule of Investments.

5


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
IT Services — 0.3%       
    Iron Mountain Inc., Senior Subordinated Notes:       
375,000           8.250% due 7/1/11  $ 
380,775 
 
750,000           8.625% due 4/1/13    785,625   
1,225,000           7.750% due 1/15/15    1,246,437   




 
    Total IT Services    2,412,837   




 
Machinery — 0.3%       
550,000    Case New Holland Inc., Senior Notes, 9.250% due 8/1/11    592,625   
275,000    Mueller Group Inc., Senior Subordinated Notes, 10.000% due 5/1/12    302,500   
925,000    Mueller Holdings Inc., Discount Notes, step bond to yield 11.446% due       
           4/15/14    753,875   
91,000    Terex Corp., Senior Subordinated Notes, 7.375% due 1/15/14    94,185   
525,000    Wolverine Tube Inc., Senior Notes, 10.500% due 4/1/09    423,937   




 
    Total Machinery    2,167,122   




 
Media — 4.1% 
     
850,000    AMC Entertainment Inc., Senior Subordinated Notes, 11.000% due 2/1/16 (b)  859,562   
675,000    Block Communications Inc., Senior Notes, 8.250% due 12/15/15 (b)    671,625   
3,487,678    CanWest Media Inc., Senior Subordinated Notes, 8.000% due 9/15/12    3,592,308   
    CCH I Holdings LLC:       
739,000           10.000% due 5/15/14 (b)    387,975   
594,000           Senior Secured Notes, 11.000% due 10/1/15 (b)    502,673   
2,500,000           Senior Unsubordinated Notes, step bond to yield 25.145% due 5/15/14 (b)  1,312,500   
1,650,000           Charter Communications Operating LLC, Second Lien Senior Notes, 8.375%     
                   due 4/30/14 (b)    1,670,625   
400,000    Chukchansi Economic Development Authority, Senior Notes, 8.000% due     
           11/15/13 (b)    414,000   
    CSC Holdings Inc.:       
425,000           Debentures, Series B, 8.125% due 8/15/09    440,406   
150,000           Senior Debentures, 7.625% due 7/15/18    146,813   
           Senior Notes:       
575,000                   7.250% due 4/15/12 (b)    559,188   
                   Series B:       
550,000                           8.125% due 7/15/09    569,938   
250,000                           7.625% due 4/1/11    253,125   
1,050,000    Dex Media Inc., Discount Notes, step bond to yield 8.015% due 11/15/13    887,250   
1,367,000    Dex Media West LLC/Dex Media Finance Co., Senior Subordinated Notes,     
           Series B, 9.875% due 8/15/13    1,520,787   
    DIRECTV Holdings LLC/DIRECTV Financing Co. Inc., Senior Notes:       
1,365,000           8.375% due 3/15/13    1,470,787   
525,000           6.375% due 6/15/15    525,656   
    EchoStar DBS Corp., Senior Notes:       
1,775,000           6.625% due 10/1/14    1,735,062   
825,000           7.125% due 2/1/16 (b)    820,875   
1,300,000    Houghton Mifflin Co., Senior Discount Notes, step bond to yield 20.129%     
           due 10/15/13    1,085,500   
475,000    Interep National Radio Sales Inc., Senior Subordinated Notes, Series B,       
           10.000% due 7/1/08    406,719   
1,175,000    Lamar Media Corp., Senior Subordinated Notes, 6.625% due 8/15/15    1,194,094   
1,000,000    LodgeNet Entertainment Corp., Senior Subordinated Debentures, 9.500% due 6/15/13  1,085,000   
500,000    Mediacom Broadband LLC, Senior Notes, 8.500% due 10/15/15    482,500   
525,000    Mediacom Broadband LLC/Mediacom Broadband Corp., Senior Notes,       
           11.000% due 7/15/13    564,375   
275,000    Mediacom LLC/Mediacom Capital Corp., Senior Notes, 9.500% due 1/15/13  276,375   

See Notes to Schedule of Investments.

6

SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
Media (continued)       
    R.H. Donnelley Corp.:       
           Senior Discount Notes:       
200,000                   Series A-1, 6.875% due 1/15/13 (b) 
$ 
189,000   
325,000                   Series A-2, 6.875% due 1/15/13 (b)    307,125   
550,000           Senior Notes, Series A-3, 8.875% due 1/15/16 (b)    576,813   
1,000,000    R.H. Donnelley Inc., Senior Subordinated Notes, 10.875% due 12/15/12    1,130,000   
1,850,000    Radio One Inc., Senior Subordinated Notes, 6.375% due 2/15/13    1,785,250   
1,100,000    Rogers Cable Inc., Senior Secured Notes, 7.875% due 5/1/12    1,193,500   
1,075,000    Sinclair Broadcast Group Inc., Senior Subordinated Notes, 8.000% due 3/15/12    1,103,219   
1,100,000    Vertis Inc., Senior Secured Second Lien Notes, 9.750% due 4/1/09    1,144,000   
225,000    Videotron Ltee., Senior Notes, 6.375% due 12/15/15    223,875   
1,200,000    Young Broadcasting Inc., Senior Subordinated Notes, 8.750% due 1/15/14    1,014,000   

 
    Total Media    32,102,500   

 
Metals & Mining — 0.5%       
750,000    Aleris International Inc., Senior Secured Notes, 10.375% due 10/15/10    828,750   
1,050,000    Corporacion Nacional del Cobre-Codelco, Notes, 5.500% due 10/15/13 (b)    1,062,897   
525,000    IPSCO Inc., Senior Notes, 8.750% due 6/1/13    576,187   
1,250,000    Novelis Inc., Senior Notes, 7.250% due 2/15/15 (b)    1,218,750   




 
    Total Metals & Mining    3,686,584   




 
Multiline Retail — 0.1%       
625,000    Harry & David Operations, Senior Notes, 9.000% due 3/1/13    609,375   
400,000    Neiman Marcus Group Inc., Senior Subordinated Notes, 10.375% due       
           10/15/15 (b)    423,000   




 
    Total Multiline Retail    1,032,375   




 
Office Electronics — 0.1% 
     
800,000    Xerox Capital Trust I Exchange Capital Securities, 8.000% due 2/1/27    832,000   




 
Oil, Gas & Consumable Fuels — 3.2%       
    Chesapeake Energy Corp., Senior Notes:       
1,350,000           6.375% due 6/15/15    1,356,750   
1,200,000           6.625% due 1/15/16    1,224,000   
50,000           6.875% due 11/15/20 (b)    51,625   
812,000    Cimarex Energy Co., Senior Notes, 9.600% due 3/15/12    881,020   
    El Paso Corp.:       
           Medium-Term Notes:       
2,050,000                   7.375% due 12/15/12    2,137,125   
1,400,000                   7.750% due 1/15/32    1,494,500   
125,000           Notes, 7.875% due 6/15/12    133,125   
600,000    EXCO Resources Inc., Senior Notes, 7.250% due 1/15/11    615,000   
800,000    Hanover Equipment Trust, Secured Notes, 8.750% due 9/1/11    848,000   
600,000    Holly Energy Partners, L.P., Senior Notes, 6.250% due 3/1/15    580,500   
1,225,000    Kerr-McGee Corp., Secured Notes, 6.875% due 9/15/11    1,299,116   
    Massey Energy Co., Senior Notes:       
625,000           6.625% due 11/15/10    642,188   
250,000           6.875% due 12/15/13 (b)    250,625   
    Pemex Project Funding Master Trust:       
5,000,000           8.625% due 12/1/23    6,212,500   
800,000           Guaranteed Bonds, 9.500% due 9/15/27    1,094,000   
3,000,000    Petronas Capital Ltd., 7.875% due 5/22/22 (b)    3,721,353   
275,000    Swift Energy Co., Senior Subordinated Notes, 9.375% due 5/1/12    297,000   
    Williams Cos. Inc.:       
950,000           Notes, 8.750% due 3/15/32    1,154,250   

See Notes to Schedule of Investments.

7


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
Oil, Gas & Consumable Fuels (continued)       
1,000,000           Senior Notes, 7.625% due 7/15/19 
$  
1,105,000   




 
    Total Oil, Gas & Consumable Fuels    25,097,677   




 
Paper & Forest Products — 0.7% 
     
    Abitibi-Consolidated Inc.:       
660,000           Debentures, 8.850% due 8/1/30    583,275   
425,000           Notes, 7.750% due 6/15/11    403,219   
340,000           Senior Notes, 8.375% due 4/1/15    323,000   
    Appleton Papers Inc.:       
375,000           Senior Notes, 8.125% due 6/15/11    377,812   
375,000           Senior Subordinated Notes, Series B, 9.750% due 6/15/14   
362,813 
 
1,375,000    Boise Cascade, LLC, Senior Subordinated Notes, Series B, 7.125% due       
           10/15/14    1,313,125   
500,000    Bowater Inc., Debentures, 9.500% due 10/15/12    522,500   
1,500,000    Buckeye Technologies Inc., Senior Subordinated Notes, 8.000% due 10/15/10  1,473,750   

 
    Total Paper & Forest Products    5,359,494   




 
Personal Products — 0.3%       
1,225,000    DEL Laboratories Inc., Senior Subordinated Notes, 8.000% due 2/1/12    1,015,219   
1,050,000    Playtex Products Inc., Senior Subordinated Notes, 9.375% due 6/1/11    1,105,125   




 
    Total Personal Products    2,120,344   




 
Real Estate — 0.6%       
1,200,000    Felcor Lodging LP, Senior Notes, 9.000% due 6/1/11    1,332,000   
2,275,000    Host Marriott LP, Senior Notes, 7.125% due 11/1/13    2,360,312   
1,000,000    MeriStar Hospitality Operating Partnership LP/MeriStar Hospitality Finance     
           Corp., Senior Notes, 10.500% due 6/15/09    1,068,750   




 
    Total Real Estate    4,761,062   




 
Semiconductors & Semiconductor Equipment — 0.3%       
    Amkor Technology Inc.:       
           Senior Notes:       
1,475,000                   9.250% due 2/15/08    1,504,500   
91,000                   7.750% due 5/15/13    86,678   
400,000           Senior Subordinated Notes, 10.500% due 5/1/09    400,000   




 
    Total Semiconductors & Semiconductor Equipment    1,991,178   




 
Specialty Retail — 0.7%       
2,000,000    Buffets Inc., Senior Subordinated Notes, 11.250% due 7/15/10    2,090,000   
425,000    Eye Care Centers of America, Senior Subordinated Notes, 10.750% due 2/15/15    417,563   
400,000    Finlay Fine Jewelry Corp., Senior Notes, 8.375% due 6/1/12    358,000   
1,400,000    Hines Nurseries Inc., Senior Notes, 10.250% due 10/1/11    1,405,250   
990,000    Jafra Cosmetics International Inc., Senior Subordinated Notes, 10.750% due 5/15/11  1,082,812   
350,000    Toys "R" Us Inc., Senior Notes, 7.375% due 10/15/18    266,000   




 
    Total Specialty Retail    5,619,625   




 
Textiles, Apparel & Luxury Goods — 0.5% 
     
125,000    Collins & Aikman Floor Covering Inc., Senior Subordinated Notes, Series B,     
           9.750% due 2/15/10    118,750   
    Levi Strauss & Co., Senior Notes:       
300,000           9.280% due 4/1/12 (e)    311,250   
225,000           12.250% due 12/15/12    258,187   
1,100,000           9.750% due 1/15/15    1,177,000   
550,000    Quiksilver Inc., Senior Notes, 6.875% due 4/15/15    533,500   
350,000    Simmons Bedding Co., Senior Subordinated Notes, 7.875% due 1/15/14    337,750   

See Notes to Schedule of Investments.

8


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
Textiles, Apparel & Luxury Goods (continued)     
           
1,375,000    Simmons Co., Senior Discount Notes, step bond to yield 12.505% due 12/15/14  $ 831,875   





 
    Total Textiles, Apparel & Luxury Goods  3,568,312   





 
Wireless Telecommunication Services — 1.1%     
    Centennial Communications Corp., Senior Notes:     
625,000           10.250% due 1/1/13 (b)(e)  648,437   
375,000           10.125% due 6/15/13  412,500   
100,000    Dobson Cellular Systems Inc., Senior Secured Notes, 8.375% due 11/1/11  106,500   
3,700,000    Nextel Communications Inc., Senior Notes, Series D, 7.375% due 8/1/15  3,915,962   
1,125,000    Rogers Wireless Communications Inc., Secured Notes, 7.500% due 3/15/15  1,226,250   
    SBA Communications Corp.:     
179,000           Senior Discount Notes, step bond to yield 7.299% due 12/15/11  170,498   
585,000           Senior Notes, 8.500% due 12/1/12  646,425   
700,000    UbiquiTel Operating Co., Senior Notes, 9.875% due 3/1/11  773,500   
700,000    US Unwired Inc., Second Priority Secured Notes, Series B, 10.000% due 6/15/12  794,500   





 
    Total Wireless Telecommunication Services  8,694,572   





 
    TOTAL CORPORATE BONDS & NOTES     
         (Cost — $251,231,882)  251,651,903   





 
ASSET-BACKED SECURITIES — 0.6%     
Credit Card — 0.0%     
33,359    First Consumers Master Trust, Series 2001-A, Class A, 4.880% due 9/15/08 (e)  33,338   





 
Home Equity — 0.6% 
   
80,371    AQ Finance NIM Trust, Series 2004-RN5, Class A, 5.193% due 6/25/34 (b)  80,049   
96,693    Bear Stearns Asset-Backed Securities Inc. NIM Trust, Series 2004-HE5N,     
           Class A2, 5.000% due 7/25/34 (b)  96,624   
98,284    Bear Stearns Asset-Backed Securities NIM Trust, Series 2004-HE6N, Class     
           A1, 5.250% due 8/25/34 (b)  98,068   
240,524    Countrywide Asset-Backed Certificates, Series 2004-05N, Class N1, 5.500%     
           due 10/25/35 (b)  240,172   
230,607    Finance America NIM Trust, Series 2004-01, Class A, 5.250% due 6/27/34 (b)  230,219   
350,883    Long Beach Asset Holdings Corp., Series 2004-06, Class N2, 7.500% due     
           11/25/34 (b)  249,127   
    Sail NIM Notes:     
15,210           Series 2003-6A, Class A, 7.000% due 7/27/33 (b)  15,211   
49,343           Series 2003-7A, Class A, 7.000% due 7/27/33 (b)  48,928   
202,041           Series 2004-008A, Class A, 5.000% due 9/27/34 (b)  201,532   
472,050           Series 2004-AA, Class A, 4.500% due 10/27/34 (b)  470,220   
1,130,590           Series 2004-AA, Class B, 7.500% due 10/27/34 (b)  923,550   
350,922           Series 2004-BN2A, Class B, 7.000% due 12/27/34 (b)  321,971   
505,368           Series 2005-1A, Class B, 7.500% due 2/27/35 (b)  480,889   
149,510    Sharp SP I LLC, NIM Trust, Series 2004-HS1N, 5.920% due 2/25/34 (b)  148,080   
1,500,000    Structured Asset Investment Loan Trust, Series 2003-BC10, Class M2,     
           6.431% due 10/25/33 (e)  1,508,887   





 
    Total Home Equity  5,113,527   





 
    TOTAL ASSET-BACKED SECURITIES     
         (Cost — $5,445,619)  5,146,865   





 
COLLATERALIZED MORTGAGE OBLIGATIONS — 0.7%     
    Federal National Mortgage Association (FNMA) STRIP:    
10,509,856           Series 329, Class 2, IO, 5.500% due 1/1/33  2,364,634   

See Notes to Schedule of Investments.

9


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)     
12,844,908           Series 338, Class 2, IO, 5.500% due 7/1/33 
$
2,872,236   


 
    TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS     
         (Cost — $6,401,797)  5,236,870   





 
MORTGAGE-BACKED SECURITIES(f)(g) — 31.8%     
FHLMC — 11.1%     
    Federal Home Loan Mortgage Corp. (FHLMC), Gold:     
70,000,000           5.000% due 3/1/36  67,834,340   
10,000,000           5.500% due 3/1/36  9,915,620   
10,000,000           6.000% due 3/1/36  10,096,880   


 
    TOTAL FHLMC  87,846,840   


 
FNMA — 20.7%     
    Federal National Mortgage Association (FNMA):     
90,000,000           5.000% due 3/1/36  87,440,580   
20,000,000           5.500% due 3/1/36  19,818,760   
55,000,000           6.000% due 3/1/36  55,515,625   


 
    TOTAL FNMA  162,774,965   


 
    TOTAL MORTGAGE-BACKED SECURITIES     
         (Cost — $254,087,503)  250,621,805   





 
SOVEREIGN BONDS — 14.8%     
Argentina — 0.7%     
       Republic of Argentina:     
1,074,000    EUR         9.000% due 6/20/03 (d)  414,519   
1,100,000    EUR         10.250% due 1/26/07 (d)  442,586   
1,729,117    EUR         8.000% due 2/26/08 (d)  677,674   
2,275,000           4.889% due 8/3/12 (e)  2,122,910   
1,550,000    DEM         11.750% due 11/13/26 (d)  296,425   
2,628,948    ARS         Discount Bonds, 5.830% due 12/31/33 (e)  1,061,515   
           GDP-Linked Securities:     
1,385,000                   0.000% due 12/15/35 (e)  106,991   
1,075,000    EUR                 0.000% due 12/15/35 (e)  98,039   
522,000    EUR         Medium-Term Notes, 10.000% due 2/22/07 (d)  208,471   
1,385,000           Par Bonds, step bond to yield 9.183% due 12/31/38  558,848   


 
    Total Argentina  5,987,978   


 
Brazil — 3.2%     
    Federative Republic of Brazil:     
           Collective Action Securities:     
1,810,000                   8.000% due 1/15/18  2,029,915   
2,565,000                   8.750% due 2/4/25  3,116,475   
           DCB, Series L:     
13,692,308                   5.250% due 4/15/12 (e)  13,695,731   
191,179                   Registered, 5.250% due 4/15/12 (e)  191,227   
6,057,692           FLIRB, Series L, 5.188% due 4/15/09 (e)  6,061,478   





 
    Total Brazil  25,094,826   





 
Bulgaria — 0.2%     
1,630,000    Republic of Bulgaria, 8.250% due 1/15/15 (b)  1,956,000   





 
Chile — 0.2%     
1,430,000    Republic of Chile, 5.500% due 1/15/13  1,459,712   





 
China — 0.1%     
655,000    People's Republic of China, 4.750% due 10/29/13  641,537   





 

See Notes to Schedule of Investments.

10


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT†   
SECURITY(a)
VALUE   





 
Colombia — 0.8%     
    Republic of Colombia:     
1,150,000           8.125% due 5/21/24 
$
1,347,225   
2,555,000           10.375% due 1/28/33  3,730,300   
1,125,000           Medium-Term Notes, 11.750% due 2/25/20  1,684,125   





 
    Total Colombia  6,761,650   





 
Ecuador — 0.2%     
1,785,000    Republic of Ecuador, step bond to yield 8.812% due 8/15/30 (b)  1,770,720   





 
El Salvador — 0.3%     
    Republic of El Salvador:     
1,720,000           7.750% due 1/24/23 (b)  1,950,050   
330,000           8.250% due 4/10/32 (b)  387,750   





 
    Total El Salvador  2,337,800   





 
Mexico — 2.2%     
    United Mexican States:     
300,000           11.375% due 9/15/16  441,450   
           Medium-Term Notes, Series A:     
8,640,000                   6.375% due 1/16/13  9,115,200   
6,275,000                   8.000% due 9/24/22  7,781,000   





 
    Total Mexico  17,337,650   





 
Panama — 0.5%     
    Republic of Panama:     
1,275,000           9.375% due 4/1/29  1,673,438   
2,556,176           IRB, 5.563% due 7/17/14 (e)  2,556,176   





 
    Total Panama  4,229,614   





 
Peru — 1.0%     
    Republic of Peru:     
810,000           9.125% due 2/21/12  938,385   
425,000           9.875% due 2/6/15  529,125   
80,000           8.750% due 11/21/33  97,200   
4,287,500           FLIRB, 5.000% due 3/7/17 (e)  4,180,312   
           Global Bonds:     
305,000                   8.375% due 5/3/16  353,800   
1,565,000                   7.350% due 7/21/25  1,654,988   





 
    Total Peru  7,753,810   





 
Philippines — 0.8%     
    Republic of the Philippines:     
1,475,000           9.000% due 2/15/13  1,661,145   
650,000           8.250% due 1/15/14  705,250   
400,000           8.000% due 1/15/16  429,980   
1,725,000           9.375% due 1/18/17  2,011,695   
1,100,000           Senior Notes, 9.500% due 2/2/30  1,318,625   





 
    Total Philippines  6,126,695   





 
Poland — 0.2%     
1,420,000    Republic of Poland, 5.250% due 1/15/14  1,429,763   





 
Russia — 1.7%     
    Russian Federation:     
1,400,000           8.250% due 3/31/10 (b)  1,481,375   
1,150,000           11.000% due 7/24/18 (b)  1,702,000   
4,525,000           12.750% due 6/24/28 (b)  8,382,562   

See Notes to Schedule of Investments.

11


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE          
AMOUNT† 
 
SECURITY(a)
VALUE   





 
Russia (continued)     
1,400,000    Step bond to yield 2.794% due 3/31/30 (b)
$
1,582,000   





 
    Total Russia 13,147,937   





 
South Africa — 0.3%    
    Republic of South Africa:    
1,350,000           9.125% due 5/19/09 1,505,250   
525,000           6.500% due 6/2/14 567,656   





 
    Total South Africa 2,072,906   





 
Turkey — 1.2%     
    Republic of Turkey:    
475,000           11.750% due 6/15/10 581,875   
1,100,000           11.000% due 1/14/13 1,412,125   
1,475,000           7.250% due 3/15/15 1,580,094   
2,250,000           7.000% due 6/5/20 2,337,187   
1,095,000           11.875% due 1/15/30 1,738,312   
1,525,000           Collective Action Securities, Notes, 7.375% due 2/5/25 1,629,844   





 
    Total Turkey 9,279,437   





 
Ukraine — 0.2%     
1,310,000    Republic of Ukraine, 7.650% due 6/11/13 (b) 1,414,800   





 
Uruguay — 0.3%     
2,075,000    Republic of Uruguay, Benchmark Bonds, 7.500% due 3/15/15 2,209,875   





 
Venezuela — 0.7%     
    Bolivarian Republic of Venezuela:    
3,245,000           5.375% due 8/7/10 (b) 3,176,044   
1,475,000           7.650% due 4/21/25 1,609,594   
875,000           Collective Action Securities, 10.750% due 9/19/13 1,106,437   





 
    Total Venezuela 5,892,075   





 
    TOTAL SOVEREIGN BONDS    
           (Cost — $105,370,927) 116,904,785   





 
SHARES  
 





 
COMMON STOCKS — 0.1%    
CONSUMER DISCRETIONARY — 0.1%    
Household Durables  — 0.1%    
2,085,181    Home Interiors of Gifts Inc. (h)(i)* 562,999   





 
MATERIALS — 0.0%    
Chemicals — 0.0%     
30,303    Applied Extrusion Technologies Inc., Class A Shares * 265,151   





 
    TOTAL COMMON STOCKS    
         (Cost — $1,798,746) 828,150   





 
WARRANT       





 
WARRANTS — 0.1%    
2,675    Bolivarian Republic of Venezuela, Expires 4/15/20* 85,600   
450    Mueller Holdings Inc., Expires 4/15/14(h)* 5   
    United Mexican States:    
27,000         Series XW5, Expires 11/9/06* 95,850   
21,250         Series XW10, Expires 10/10/06* 98,812   
20,000         Series XW20, Expires 9/1/06*      160,000   





 
    TOTAL WARRANTS    
         (Cost — $284,800) 440,267   





 
    TOTAL INVESTMENTS BEFORE SHORT-TERM INVESTMENTS      
         (Cost — $624,621,274)
$ 
630,830,645 
 




 

See Notes to Schedule of Investments.

12


SALOMON BROTHERS GLOBAL HIGH INCOME FUND INC.

Schedule of Investments (unaudited) (continued)
February 28, 2006

FACE         
AMOUNT    SECURITY(a)   VALUE   





 
SHORT-TERM INVESTMENTS — 20.0%      
Repurchase Agreements — 20.0%       
$52,438,000    Interest in $314,378,000 joint tri-party repurchase agreement dated 2/28/06      
         with Banc of America Securities LLC, 4.560% due 3/1/06; Proceeds at      
         maturity - $52,444,642; (Fully collateralized by various U.S. government      
         agency obligations, 0.000% to 8.430% due 3/17/06 to 4/30/26; Market      
         value - $53,486,809) $
52,438,000 
 
35,000,000    Interest in $460,617,000 joint tri-party repurchase agreement dated 2/28/06      
         with Morgan Stanley, 4.560% due 3/1/06; Proceeds at maturity -      
         $35,004,433; (Fully collateralized by various U.S. government agency       
         obligations, 0.000% to 6.375% due 8/1/11 to 10/15/28; Market value -      
         $35,744,086)   35,000,000   
35,000,000    Interest in $597,866,000 joint tri-party repurchase agreement dated 2/28/06      
         with Merrill Lynch, Pierce, Fenner & Smith Inc., 4.550% due 3/1/06;      
         Proceeds at maturity - $35,004,424; (Fully collateralized by various U.S.      
         Treasury Bills, 0.000% due 4/13/06 to 7/20/06; Market value -      
         $35,700,225)   35,000,000   
35,000,000    Interest in $598,216,000 joint tri-party repurchase agreement dated 2/28/06      
         with Deutsche Bank Securities Inc., 4.560% due 3/1/06; Proceeds at      
         maturity - $35,004,433; (Fully collateralized by various U.S. government      
         agency obligations, 0.000% to 6.875% due 4/21/06 to 12/11/20; Market      
         value - $35,700,033)   35,000,000   




 
    TOTAL SHORT-TERM INVESTMENTS      
         (Cost — $157,438,000)   157,438,000   




 
 
    TOTAL INVESTMENTS — 100.0% (Cost — $782,059,274#)
$ 
788,268,645   




 

*  Non-income producing security. 
  Face amount denominated in U.S. dollars, unless otherwise noted. 
(a) All securities are segregated as collateral pursuant to a revolving credit facility, mortgage dollar rolls and/or futures contracts. 
(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933. This security may be resold in transactions that are exempt from registration, normally to qualified institutional buyers. This security has been deemed liquid pursuant to guidelines approved by the Board of Directors, unless otherwise noted.
(c) Payment-in-kind security for which part of the income earned may be paid as additional principle. 
(d) Security is currently in default. 
(e) Variable rate security. Interest rate disclosed is that which is in effect at February 28, 2006. 
(f) This security is traded on a to-be-announced ("TBA") basis (See Note 1). 
(g) All or a portion of this security was acquired under mortgage dollar roll agreement (See Notes 1 and 2 ). 
(h) Security is valued in good faith at fair value by or under the direction of the Board of Directors (See Note 1). 
(i) Illiquid security. 
# Aggregate cost for federal income tax purposes is substantially the same. 
   
  Abbreviations used in this schedule: 
  ARS - Argentine Peso 
  DCB - Debt Conversion Bond 
  DEM - German Mark 
  EUR - Euro 
  FLIRB - Front-Loaded Interest Reduction Bonds 
  GDP - Gross Domestic Product 
  IO - Interest Only 
  IRB - Interest Reduction Bond 
  MXN - Mexican Peso 
  NIM - Net Interest Margin 

See Notes to Schedule of Investments.

13


Notes to Schedule of Investments (unaudited)

1. Organization and Significant Accounting Policies

The Salomon Brothers Global High Income Fund Inc. (the “Fund”) was incorporated in Maryland and is registered as a non-diversified, closed-end management investment company under the Investment Company Act of 1940, as amended, (the "1940 Act").

The following are significant accounting policies consistently followed by the Fund and are in conformity with U.S. generally accepted accounting principles (“GAAP”).

(a) Investment Valuation. Debt securities are valued at the mean between the bid and asked prices provided by an independent pricing service that are based on transactions in debt obligations, quotations from bond dealers, market transactions in comparable securities and various relationships between securities. Equity securities for which market quotations are available are valued at the last sale price or official closing price on the primary market or exchange on which they trade. When prices are not readily available, or are determined not to reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the Fund calculates its net asset value, the Fund may value these investments at fair value as determined in accordance with the procedures approved by the Fund’s Board of Directors. Short-term obligations with maturities of 60 days or less are valued at amortized cost, which approximates market value.

(b) Repurchase Agreements. When entering into repurchase agreements, it is the Fund's policy that its custodian or a third party custodian take possession of the underlying collateral securities, the market value of which at least equals the principal amount of the repurchase transaction, including accrued interest. To the extent that any repurchase transaction exceeds one business day, the value of the collateral is marked-to-market to ensure the adequacy of the collateral. If the seller defaults, and the market value of the collateral declines or if bankruptcy proceedings are commenced with respect to the seller of the security, realization of the collateral by the Fund may be delayed or limited.

(c) Financial Futures Contracts. The Fund may enter into financial futures contracts typically to hedge a portion of the portfolio. Upon entering into a financial futures contract, the Fund is required to deposit cash or securities as initial margin. Additional securities are also segregated up to the current market value of the financial futures contracts. Subsequent payments, known as variation margin, are made or received by the Fund each day, depending on the daily fluctuation in the value of the underlying financial instruments. The Fund recognizes an unrealized gain or loss equal to the daily variation margin. When the financial futures contracts are closed, a realized gain or loss is recognized equal to the difference between the proceeds from (or cost of) the closing transactions and the Fund’s basis in the contracts.

The risks associated with entering into financial futures contracts include the possibility that a change in the value of the contract may not correlate with the changes in the value of the underlying instruments. In addition, investing in financial futures contracts involves the risk that the Fund could lose more than the original margin deposit and subsequent payments required for a futures transaction. Risks may also arise upon entering into these contracts from the potential inability of the counterparties to meet the terms of their contracts.

(d) Securities Traded on a To-Be-Announced Basis. The Fund may trade securities on a to-be-announced (“TBA”) basis. In a TBA transaction, the Fund commits to purchasing or selling securities which have not yet been issued by the issuer and for which specific information is not known, such as the face amount and maturity date and the underlying pool of investments in U.S. government agency mortgage pass-through transactions. Securities purchased on a TBA basis are not settled until they are delivered to the Fund, normally 15 to 45 days later. Beginning on the date the Fund enters into a TBA transaction, cash, U.S. government securities or other liquid high-grade debt obligations are segregated in an amount equal in value to the purchase price of the TBA security. These transactions are subject to market fluctuations and their current value is determined in the same manner as for other securities.

(e) Mortgage Dollar Rolls. The Fund enters into dollar rolls in which the Fund sells mortgage-backed securities for delivery in the current month and simultaneously contracts to repurchase substantially similar (same type, coupon and maturity) securities to settle on a specified future date. During the roll period, the Fund forgoes principal and interest paid on the securities. The Fund is compensated by a fee paid by the counterparty, often in the form of a drop in the repurchase price of the securities. Dollar rolls are accounted for as financing arrangements; the fee is accrued into

14

interest income ratably over the term of the dollar roll and any gain or loss on the roll is deferred and realized upon disposition of the rolled security.

The risk of entering into a mortgage dollar roll is that the market value of the securities the Fund is obligated to repurchase under the agreement may decline below the repurchase price. In the event the buyer of securities under a mortgage dollar roll files for bankruptcy or becomes insolvent, the Fund’s use of proceeds of the dollar roll may be restricted pending a determination by the other party, or its trustee or receiver, whether to enforce the Fund’s obligation to repurchase the securities.

(f) Foreign Currency Translation. Investment securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts based upon prevailing exchange rates on the date of valuation. Purchases and sales of investment securities and income and expense items denominated in foreign currencies are translated into U.S. dollar amounts based upon prevailing exchange rates on the respective dates of such transactions.

Foreign security and currency transactions may involve certain considerations and risks not typically associated with those of U.S. dollar denominated transactions as a result of, among other factors, the possibility of lower levels of governmental supervision and regulation of foreign securities markets and the possibility of political or economic instability.

(g) Credit and Market Risk. The Fund invests in high yield and emerging market instruments that are subject to certain credit and market risks. The yields of high yield and emerging market debt obligations reflect, among other things, perceived credit and market risk. The Fund’s investment in securities rated below investment grade typically involve risks not associated with higher rated securities including, among others, greater risk related to timely and ultimate payment of interest and principal, greater market price volatility and less liquid secondary market trading. The consequences of political, social, economic or diplomatic changes may have disruptive effects on the market prices of investments held by the Fund. The Fund’s investment in non-dollar denominated securities may also result in foreign currency losses caused by devaluations and exchange rate fluctuations.

(h) Security Transactions. Security transactions are accounted for on a trade date basis.

2. Investments

At February 28, 2006, the aggregate gross unrealized appreciation and depreciation of investments for federal income tax purposes were substantially as follows:


Gross unrealized appreciation  $ 18,336,632  
Gross unrealized depreciation  (12,127,261 ) 




Net unrealized appreciation  $ 6,209,371  





At February 28, 2006, the Fund had the following open futures contracts:
                   
  Number of    Expiration    Basis    Market    Unrealized 
Contracts to Sell:  Contracts    Date    Value   Value   Gain 

U.S. Treasury 2-Year Note  42    3/06    $ 8,607,217    $ 8,583,094    $ 24,123 
U.S. Treasury 5-Year Note  396    3/06    41,909,539    41,672,813    236,726 
U.S. Treasury 10-Year Note  1,123    3/06    121,730,098    121,284,000    446,098 


 
Net Unrealized Gain on Open
Futures Contracts
 
              $ 706,947 

At February 28, 2006, the Fund has outstanding mortgage dollar rolls with a total cost of $254,087,503.

15

3. Loan

At February 28, 2006, the Fund had a $100,000,000 loan available pursuant to a revolving credit and security agreement, of which the Fund had $100,000,000 outstanding with CHARTA, LLC (as successor by assignment to CXC, LLC) (the "Lender''). The loan generally bears interest at a variable rate based on the weighted average interest rates of the commercial paper or LIBOR, plus any applicable margin. Securities held by the Fund are subject to a lien, granted to the Lender, to the extent of the borrowing outstanding and any additional expenses.

16

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 (the “1940 Act”)) are effective as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the disclosure controls and procedures required by Rule 30a-3(b) under the 1940 Act and 15d-15(b) under the Securities Exchange Act of 1934
(b)
      There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are likely to materially affect the registrant’s internal control over financial reporting.
   
ITEM 3. 
  EXHIBITS. 
     
    Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940, as amended, are attached hereto. 
    attached hereto. 
 


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.

Salomon Brothers Global High Income Fund Inc.  
     
By:
/s/ R. Jay Gerken 
 
 
 
 
R. Jay Gerken 
 
 
Chief Executive Officer 
 
     
Date:     
April 28, 2006 
 

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/ R. Jay Gerken 
 
 
 
 
R. Jay Gerken 
 
 
Chief Executive Officer 
 
     
Date:     
April 28, 2006 
 

 

     
By:
/s/ Frances M. Guggino
 
 
 
 
Frances M. Guggino
 
 
Chief Financial Officer 
 
     
Date:     
April 28, 2006