AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) Plans $0.07 Monthly Dividend

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) declared a monthly dividend on Monday, July 27th. Investors of record on Thursday, August 6th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, August 21st. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date is Thursday, August 6th.

AllianceBernstein Global High Income Fund Stock Performance

AllianceBernstein Global High Income Fund stock opened at $10.07 on Tuesday. The business has a fifty day moving average of $10.19 and a two-hundred day moving average of $10.33. AllianceBernstein Global High Income Fund has a twelve month low of $9.85 and a twelve month high of $11.43.

Institutional Investors Weigh In On AllianceBernstein Global High Income Fund

Hedge funds have recently made changes to their positions in the stock. Integrated Wealth Concepts LLC boosted its position in AllianceBernstein Global High Income Fund by 5.0% during the first quarter. Integrated Wealth Concepts LLC now owns 43,039 shares of the closed-end fund’s stock valued at $462,000 after purchasing an additional 2,050 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of AllianceBernstein Global High Income Fund during the second quarter valued at about $168,000. Raymond James Financial Inc. boosted its holdings in shares of AllianceBernstein Global High Income Fund by 16.4% in the 2nd quarter. Raymond James Financial Inc. now owns 459,747 shares of the closed-end fund’s stock valued at $5,071,000 after buying an additional 64,791 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of AllianceBernstein Global High Income Fund by 11.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 81,352 shares of the closed-end fund’s stock valued at $892,000 after buying an additional 8,622 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in shares of AllianceBernstein Global High Income Fund by 5.8% during the 2nd quarter. Bank of America Corp DE now owns 899,161 shares of the closed-end fund’s stock worth $9,918,000 after acquiring an additional 49,624 shares in the last quarter.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund (NYSE: AWF) is a closed-end management investment company that seeks to provide high current income, with a secondary objective of capital growth. The fund is traded on the New York Stock Exchange and offers investors access to a diversified portfolio of global fixed-income securities designed to capitalize on opportunities in the high-yield credit market.

The fund primarily invests in a broad array of debt instruments, including corporate high-yield bonds, sovereign and quasi-sovereign debt, collateralized loan obligations, convertible securities, and other income-oriented instruments.