10,522 Shares in AllianceBernstein Global High Income Fund, Inc. $AWF Bought by Smith Shellnut Wilson LLC ADV

Smith Shellnut Wilson LLC ADV bought a new position in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,522 shares of the closed-end fund’s stock, valued at approximately $116,000.

A number of other institutional investors have also recently modified their holdings of AWF. WPG Advisers LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the first quarter worth $25,000. Ameritas Advisory Services LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the second quarter worth $33,000. Geneos Wealth Management Inc. grew its stake in shares of AllianceBernstein Global High Income Fund by 570.2% in the first quarter. Geneos Wealth Management Inc. now owns 10,616 shares of the closed-end fund’s stock worth $114,000 after acquiring an additional 9,032 shares during the last quarter. Martin Capital Partners LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the second quarter worth $123,000. Finally, Kovack Advisors Inc. purchased a new stake in shares of AllianceBernstein Global High Income Fund in the second quarter worth $126,000.

AllianceBernstein Global High Income Fund Price Performance

NYSE AWF opened at $11.01 on Friday. AllianceBernstein Global High Income Fund, Inc. has a 12 month low of $9.30 and a 12 month high of $11.43. The stock’s fifty day moving average price is $11.16 and its 200-day moving average price is $10.97.

AllianceBernstein Global High Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, November 21st. Stockholders of record on Thursday, November 6th will be paid a $0.0655 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Thursday, November 6th.

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.