AllianceBernstein Global High Income Fund (NYSE:AWF) Shares Cross Below 200 Day Moving Average of $12.23

Shares of AllianceBernstein Global High Income Fund (NYSE:AWF) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $12.23 and traded as low as $12.19. AllianceBernstein Global High Income Fund shares last traded at $12.19, with a volume of 95,448 shares traded.

The stock has a 50-day simple moving average of $12.35 and a 200 day simple moving average of $12.23.

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 15th. Shareholders of record on Friday, October 8th will be given a $0.0655 dividend. The ex-dividend date of this dividend is Thursday, October 7th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 6.43%.

Several hedge funds have recently made changes to their positions in AWF. FNY Investment Advisers LLC bought a new stake in shares of AllianceBernstein Global High Income Fund in the 3rd quarter worth approximately $61,000. Belpointe Asset Management LLC bought a new stake in shares of AllianceBernstein Global High Income Fund in the 2nd quarter worth approximately $102,000. Integrated Capital Management Inc. raised its holdings in shares of AllianceBernstein Global High Income Fund by 11.7% in the 2nd quarter. Integrated Capital Management Inc. now owns 13,232 shares of the closed-end fund’s stock worth $165,000 after buying an additional 1,382 shares in the last quarter. Capital Advisors Wealth Management LLC acquired a new position in shares of AllianceBernstein Global High Income Fund in the 2nd quarter worth approximately $166,000. Finally, Kaizen Financial Strategies acquired a new position in shares of AllianceBernstein Global High Income Fund in the 1st quarter worth approximately $180,000. Institutional investors own 20.79% of the company’s stock.

About AllianceBernstein Global High Income Fund (NYSE:AWF)

AllianceBernstein Global High Income Fund, Inc operates as a closed-end investment fund. Its objective is to seek high current income and secondarily-capital appreciation. It invests, without limit, in securities denominated in non-U.S. currencies as well as those denominated in the U.S. dollar. The company was founded on May 20, 1993 and is headquartered in New York, NY.

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