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

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) declared a monthly dividend on Wednesday, October 22nd. Shareholders of record on Thursday, November 6th will be given a dividend of 0.0655 per share by the closed-end fund on Friday, November 21st. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Thursday, November 6th.

AllianceBernstein Global High Income Fund Trading Up 0.3%

AllianceBernstein Global High Income Fund stock opened at $11.07 on Thursday. The stock has a fifty day moving average price of $11.18 and a two-hundred day moving average price of $10.90. AllianceBernstein Global High Income Fund has a 52-week low of $9.30 and a 52-week high of $11.43.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the stock. Gridiron Partners LLC acquired a new position in AllianceBernstein Global High Income Fund during the third quarter worth $463,000. Huntleigh Advisors Inc. acquired a new stake in shares of AllianceBernstein Global High Income Fund in the first quarter valued at $13,519,000. Royal Bank of Canada increased its stake in shares of AllianceBernstein Global High Income Fund by 1.0% in the first quarter. Royal Bank of Canada now owns 1,072,359 shares of the closed-end fund’s stock valued at $11,507,000 after buying an additional 11,022 shares in the last quarter. Invesco Ltd. increased its stake in shares of AllianceBernstein Global High Income Fund by 22.5% in the first quarter. Invesco Ltd. now owns 1,058,145 shares of the closed-end fund’s stock valued at $11,354,000 after buying an additional 194,351 shares in the last quarter. Finally, LPL Financial LLC increased its stake in shares of AllianceBernstein Global High Income Fund by 3.9% in the first quarter. LPL Financial LLC now owns 960,855 shares of the closed-end fund’s stock valued at $10,310,000 after buying an additional 35,714 shares in the last quarter.

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.