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

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) announced a monthly dividend on Monday, February 23rd. Stockholders of record on Thursday, March 5th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, March 20th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date is Thursday, March 5th.

AllianceBernstein Global High Income Fund Price Performance

AWF stock traded down $0.00 during trading on Tuesday, hitting $10.55. 23,579 shares of the company’s stock were exchanged, compared to its average volume of 297,861. The business has a 50-day moving average price of $10.65 and a two-hundred day moving average price of $10.89. AllianceBernstein Global High Income Fund has a 52-week low of $9.30 and a 52-week high of $11.43.

Hedge Funds Weigh In On AllianceBernstein Global High Income Fund

Hedge funds have recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. increased its position in shares of AllianceBernstein Global High Income Fund by 2.4% during the third quarter. B. Riley Wealth Advisors Inc. now owns 43,743 shares of the closed-end fund’s stock worth $490,000 after purchasing an additional 1,016 shares in the last quarter. Sound Income Strategies LLC lifted its stake in AllianceBernstein Global High Income Fund by 2.2% in the third quarter. Sound Income Strategies LLC now owns 48,531 shares of the closed-end fund’s stock valued at $536,000 after buying an additional 1,050 shares during the last quarter. Choreo LLC lifted its stake in AllianceBernstein Global High Income Fund by 6.1% in the second quarter. Choreo LLC now owns 19,635 shares of the closed-end fund’s stock valued at $217,000 after buying an additional 1,135 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of AllianceBernstein Global High Income Fund by 3.2% in the fourth quarter. Farther Finance Advisors LLC now owns 39,331 shares of the closed-end fund’s stock valued at $420,000 after acquiring an additional 1,224 shares during the period. Finally, Cetera Investment Advisers grew its position in shares of AllianceBernstein Global High Income Fund by 1.5% during the second quarter. Cetera Investment Advisers now owns 84,733 shares of the closed-end fund’s stock worth $935,000 after acquiring an additional 1,230 shares during the last quarter.

About AllianceBernstein Global High Income Fund

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.