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

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) announced a monthly dividend on Monday, February 23rd. Investors 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) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date is Thursday, March 5th.

AllianceBernstein Global High Income Fund Trading Down 0.0%

NYSE AWF traded down $0.00 during trading hours on Tuesday, reaching $10.55. The company had a trading volume of 23,579 shares, compared to its average volume of 297,861. The stock has a 50-day moving average of $10.65 and a 200 day moving average of $10.89. AllianceBernstein Global High Income Fund has a 1-year low of $9.30 and a 1-year high of $11.43.

Institutional Trading of AllianceBernstein Global High Income Fund

Several institutional investors have recently added to or reduced their stakes in the stock. Gridiron Partners LLC acquired a new position in AllianceBernstein Global High Income Fund during the third quarter worth $463,000. Northwestern Mutual Wealth Management Co. increased its holdings in AllianceBernstein Global High Income Fund by 6,487.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,201,054 shares of the closed-end fund’s stock worth $12,839,000 after purchasing an additional 1,182,821 shares during the period. Invesco Ltd. raised its position in AllianceBernstein Global High Income Fund by 18.8% in the 4th quarter. Invesco Ltd. now owns 1,031,213 shares of the closed-end fund’s stock valued at $11,024,000 after purchasing an additional 163,009 shares in the last quarter. Wolverine Asset Management LLC acquired a new stake in AllianceBernstein Global High Income Fund in the 4th quarter valued at about $1,510,000. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in shares of AllianceBernstein Global High Income Fund by 375.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 135,955 shares of the closed-end fund’s stock valued at $1,453,000 after buying an additional 107,383 shares during the period.

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.