AllianceBernstein Global High Income Fund (NYSE:AWF) to Issue $0.07 Monthly Dividend

AllianceBernstein Global High Income Fund (NYSE:AWFGet Free Report) declared a monthly dividend on Tuesday, March 26th, NASDAQ reports. Stockholders of record on Friday, April 5th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, April 19th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.41%. The ex-dividend date is Thursday, April 4th.

AllianceBernstein Global High Income Fund Price Performance

Shares of AWF stock opened at $10.61 on Wednesday. AllianceBernstein Global High Income Fund has a fifty-two week low of $9.20 and a fifty-two week high of $10.71. The stock’s 50-day simple moving average is $10.45 and its 200-day simple moving average is $10.02.

Insider Transactions at AllianceBernstein Global High Income Fund

In related news, insider Emilie D. Wrapp bought 2,393 shares of the stock in a transaction dated Monday, March 18th. The shares were purchased at an average price of $10.45 per share, for a total transaction of $25,006.85. Following the completion of the purchase, the insider now directly owns 2,393 shares of the company’s stock, valued at $25,006.85. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On AllianceBernstein Global High Income Fund

A number of hedge funds have recently bought and sold shares of AWF. Cambridge Investment Research Advisors Inc. boosted its position in AllianceBernstein Global High Income Fund by 13.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 107,641 shares of the closed-end fund’s stock worth $1,203,000 after purchasing an additional 12,346 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of AllianceBernstein Global High Income Fund by 75.2% in the first quarter. HighTower Advisors LLC now owns 26,991 shares of the closed-end fund’s stock valued at $302,000 after acquiring an additional 11,587 shares in the last quarter. Quantedge Capital Pte Ltd purchased a new position in shares of AllianceBernstein Global High Income Fund in the first quarter valued at approximately $114,000. Atria Wealth Solutions Inc. purchased a new position in shares of AllianceBernstein Global High Income Fund in the first quarter valued at approximately $605,000. Finally, Guggenheim Capital LLC lifted its position in shares of AllianceBernstein Global High Income Fund by 3.8% in the first quarter. Guggenheim Capital LLC now owns 56,079 shares of the closed-end fund’s stock valued at $627,000 after acquiring an additional 2,042 shares in the last quarter.

About AllianceBernstein Global High Income Fund

(Get Free Report)

AllianceBernstein Global High Income Fund is a close-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. It invests in fixed income markets across the globe. The fund primarily invests in lower-rated corporate debt securities and government bonds. It employs a combination of fundamental and quantitative analysis to create its portfolio.

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Dividend History for AllianceBernstein Global High Income Fund (NYSE:AWF)

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