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

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) announced a monthly dividend on Monday, October 26th. Investors of record on Thursday, November 5th will be given a dividend of $0.0655 per share by the closed-end fund on Friday, November 20th. This represents a $0.79 annualized dividend and a yield of 8.3%. The ex-dividend date is Thursday, November 5th.

AllianceBernstein Global High Income Fund Price Performance

NYSE AWF opened at $9.49 on Tuesday. The company has a fifty day simple moving average of $9.84 and a 200 day simple moving average of $10.19. AllianceBernstein Global High Income Fund has a 12-month low of $9.41 and a 12-month high of $11.10.

Hedge Funds Weigh In On AllianceBernstein Global High Income Fund

Several large investors have recently modified their holdings of AWF. Royal Bank of Canada raised its position in AllianceBernstein Global High Income Fund by 0.9% during the first quarter. Royal Bank of Canada now owns 1,251,424 shares of the closed-end fund’s stock valued at $12,727,000 after purchasing an additional 11,182 shares in the last quarter. Bank of America Corp DE bought a new position in shares of AllianceBernstein Global High Income Fund during the 2nd quarter valued at $6,094,000. Uncommon Cents Investing Inc lifted its stake in shares of AllianceBernstein Global High Income Fund by 2.6% in the 3rd quarter. Uncommon Cents Investing Inc now owns 385,605 shares of the closed-end fund’s stock worth $3,752,000 after purchasing an additional 9,735 shares during the period. Flagship Harbor Advisors LLC lifted its stake in shares of AllianceBernstein Global High Income Fund by 4.1% in the 3rd quarter. Flagship Harbor Advisors LLC now owns 344,994 shares of the closed-end fund’s stock worth $3,357,000 after purchasing an additional 13,746 shares during the period. Finally, Landscape Capital Management L.L.C. purchased a new position in shares of AllianceBernstein Global High Income Fund in the second quarter worth approximately $2,400,000.

About AllianceBernstein Global High Income Fund

AllianceBernstein Global High Income Fund is a closed-end investment company listed on the New York Stock Exchange under the ticker symbol AWF. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing in a diversified portfolio of fixed-income securities.

The fund primarily invests in high-yield, below-investment-grade debt issued by corporations and governments around the world. Its portfolio may include corporate bonds, sovereign and emerging-market debt, and other income-producing securities denominated in U.S.