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

Key Points

• AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) declared a monthly dividend of $0.0655 per share, resulting in an annualized dividend of $0.79 and a dividend yield of 7.09%.
• The stock closed at $11.08, reflecting a slight decrease of 0.2%, with a 12-month price range between $9.30 and $11.36.
• Institutional investor Integrated Wealth Concepts LLC increased its stake in the fund by 5.0%, owning 43,039 shares valued at approximately $462,000 after the purchase.

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Get Free Report) declared a monthly dividend on Tuesday, July 29th, Wall Street Journal reports. Investors of record on Thursday, August 7th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, August 22nd. This represents a $0.79 annualized dividend and a dividend yield of 7.09%. The ex-dividend date of this dividend is Thursday, August 7th.

AllianceBernstein Global High Income Fund Trading Down 0.2%

Shares of AWF traded down $0.02 during trading hours on Tuesday, hitting $11.08. The stock had a trading volume of 114,908 shares, compared to its average volume of 207,511. The company's fifty day simple moving average is $10.92 and its 200 day simple moving average is $10.76. AllianceBernstein Global High Income Fund has a 12-month low of $9.30 and a 12-month high of $11.36.

Institutional Inflows and Outflows

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

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.

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