AllianceBernstein Global High Income Fund, Inc. (AWF) to Issue Monthly Dividend of $0.07 on July 18th

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) announced a monthly dividend on Tuesday, June 24th, Wall Street Journal reports. Stockholders of record on Thursday, July 3rd will be given a dividend of 0.0655 per share by the closed-end fund on Friday, July 18th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.17%. The ex-dividend date of this dividend is Thursday, July 3rd.

AllianceBernstein Global High Income Fund Trading Up 0.3%

NYSE:AWF opened at $10.96 on Thursday. The firm’s 50 day simple moving average is $10.69 and its 200 day simple moving average is $10.70. AllianceBernstein Global High Income Fund has a one year low of $9.30 and a one year high of $11.36.

Institutional Investors Weigh In On AllianceBernstein Global High Income Fund

An institutional investor recently raised its position in AllianceBernstein Global High Income Fund stock. Integrated Wealth Concepts LLC increased its holdings in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) by 5.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 43,039 shares of the closed-end fund’s stock after buying an additional 2,050 shares during the period. Integrated Wealth Concepts LLC’s holdings in AllianceBernstein Global High Income Fund were worth $462,000 at the end of the most recent quarter.

AllianceBernstein Global High Income Fund Company Profile

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.