AllianceBernstein Global High Income Fund, Inc. (AWF) to Issue Monthly Dividend of $0.07 on August 22nd

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) declared a monthly dividend on Tuesday, July 29th, Wall Street Journal reports. Stockholders of record on Thursday, August 7th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, August 22nd. This represents a $0.79 annualized dividend and a dividend yield of 7.07%. The ex-dividend date is Thursday, August 7th.

AllianceBernstein Global High Income Fund Trading Up 0.5%

Shares of AWF opened at $11.12 on Thursday. AllianceBernstein Global High Income Fund has a 52-week low of $9.30 and a 52-week high of $11.36. The business’s fifty day moving average is $10.93 and its 200-day moving average is $10.76.

Hedge Funds Weigh In On AllianceBernstein Global High Income Fund

A hedge fund recently raised its stake in AllianceBernstein Global High Income Fund stock. Integrated Wealth Concepts LLC grew its holdings in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) by 5.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 43,039 shares of the closed-end fund’s stock after purchasing an additional 2,050 shares during the period. Integrated Wealth Concepts LLC’s holdings in AllianceBernstein Global High Income Fund were worth $462,000 as of its most recent SEC filing.

About AllianceBernstein Global High Income Fund

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.