Landscape Capital Management L.L.C. Makes New $2.40 Million Investment in AllianceBernstein Global High Income Fund, Inc. $AWF

Landscape Capital Management L.L.C. purchased a new position in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) during the second quarter, HoldingsChannel.com reports. The fund purchased 233,019 shares of the closed-end fund’s stock, valued at approximately $2,400,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its position in shares of AllianceBernstein Global High Income Fund by 3.2% in the 4th quarter. Farther Finance Advisors LLC now owns 39,331 shares of the closed-end fund’s stock worth $420,000 after purchasing an additional 1,224 shares in the last quarter. Maridea Wealth Management LLC grew its stake in AllianceBernstein Global High Income Fund by 2.7% during the 1st quarter. Maridea Wealth Management LLC now owns 56,570 shares of the closed-end fund’s stock worth $575,000 after buying an additional 1,477 shares during the last quarter. CWM LLC increased its position in AllianceBernstein Global High Income Fund by 64.3% during the 4th quarter. CWM LLC now owns 4,429 shares of the closed-end fund’s stock valued at $47,000 after buying an additional 1,733 shares in the last quarter. Everstar Asset Management LLC increased its position in AllianceBernstein Global High Income Fund by 5.4% during the 4th quarter. Everstar Asset Management LLC now owns 33,950 shares of the closed-end fund’s stock valued at $363,000 after buying an additional 1,749 shares in the last quarter. Finally, Kestra Advisory Services LLC raised its stake in AllianceBernstein Global High Income Fund by 4.6% in the first quarter. Kestra Advisory Services LLC now owns 42,028 shares of the closed-end fund’s stock valued at $427,000 after buying an additional 1,853 shares during the last quarter.

Insider Activity at AllianceBernstein Global High Income Fund

In related news, Director Emilie D. Wrapp bought 3,432 shares of the stock in a transaction that occurred on Tuesday, July 21st. The stock was bought at an average cost of $10.19 per share, for a total transaction of $34,972.08. Following the purchase, the director directly owned 5,825 shares of the company’s stock, valued at approximately $59,356.75. This trade represents a 143.42% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 1.00% of the stock is owned by insiders.

AllianceBernstein Global High Income Fund Trading Down 0.1%

AllianceBernstein Global High Income Fund stock opened at $10.13 on Friday. The stock has a 50-day moving average of $10.16 and a two-hundred day moving average of $10.26. AllianceBernstein Global High Income Fund, Inc. has a one year low of $9.85 and a one year high of $11.43.

AllianceBernstein Global High Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 21st. Investors of record on Thursday, August 6th were given a $0.0655 dividend. This represents a c) annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend was Thursday, August 6th.

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.