AllianceBernstein Global High Income Fund, Inc. (AWF) to Issue Monthly Dividend of $0.07 on July 17th

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) announced a monthly dividend on Monday, June 22nd. Stockholders of record on Thursday, July 2nd will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, July 17th. This represents a c) annualized dividend and a dividend yield of 7.7%. The ex-dividend date of this dividend is Thursday, July 2nd.

AllianceBernstein Global High Income Fund Trading Up 0.4%

AllianceBernstein Global High Income Fund stock opened at $10.18 on Wednesday. AllianceBernstein Global High Income Fund has a 12 month low of $9.85 and a 12 month high of $11.43. The business’s 50 day simple moving average is $10.27 and its 200 day simple moving average is $10.42.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in AWF. Fifth Third Bancorp purchased a new stake in AllianceBernstein Global High Income Fund in the 1st quarter worth about $25,000. Advisory Services Network LLC purchased a new position in shares of AllianceBernstein Global High Income Fund in the third quarter worth about $47,000. CWM LLC raised its position in shares of AllianceBernstein Global High Income Fund by 64.3% in the fourth quarter. CWM LLC now owns 4,429 shares of the closed-end fund’s stock valued at $47,000 after purchasing an additional 1,733 shares during the period. Strategic Advocates LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund during the 3rd quarter valued at approximately $59,000. Finally, MAI Capital Management boosted its holdings in AllianceBernstein Global High Income Fund by 370.0% in the 3rd quarter. MAI Capital Management now owns 7,567 shares of the closed-end fund’s stock worth $85,000 after buying an additional 5,957 shares during the period.

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.