AllianceBernstein Global High Income Fund (NYSE:AWF) Plans $0.07 Monthly Dividend

AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) declared a monthly dividend on Tuesday, May 27th, Wall Street Journal reports. Investors of record on Thursday, June 5th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, June 20th. This represents a $0.79 annualized dividend and a yield of 7.27%. The ex-dividend date is Thursday, June 5th.

AllianceBernstein Global High Income Fund Stock Up 0.1%

Shares of AllianceBernstein Global High Income Fund stock traded up $0.01 on Friday, reaching $10.81. The company's stock had a trading volume of 123,811 shares, compared to its average volume of 225,831. AllianceBernstein Global High Income Fund has a 52-week low of $9.30 and a 52-week high of $11.36. The stock has a 50-day moving average price of $10.49 and a 200-day moving average price of $10.71.

Hedge Funds 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 grew its holdings in AllianceBernstein Global High Income Fund (NYSE:AWF - Free Report) by 5.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 43,039 shares of the closed-end fund's stock after acquiring an additional 2,050 shares during the quarter. Integrated Wealth Concepts LLC's holdings in AllianceBernstein Global High Income Fund were worth $462,000 at the end of the most recent reporting period.

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.