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

Key Points

• AWF declared a monthly dividend on April 27 of $0.0655 per share (shareholders of record May 7, payable May 15), implying an approximate 7.5% annualized yield and with an ex-dividend date of May 7.
• Fund strategy: AllianceBernstein Global High Income Fund is a closed-end fund that seeks high current income with secondary capital growth by investing in global high-yield fixed-income securities such as corporate high-yield bonds, sovereign/quasi-sovereign debt, CLOs and convertibles.
• Trading snapshot: AWF opened at $10.47, with a 52-week range of $9.85–$11.43 and moving averages of $10.31 (50-day) and $10.59 (200-day).

AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Get Free Report) declared a monthly dividend on Monday, April 27th. Shareholders of record on Thursday, May 7th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 7.5%. The ex-dividend date of this dividend is Thursday, May 7th.

AllianceBernstein Global High Income Fund Trading Up 0.1%

Shares of AWF opened at $10.47 on Tuesday. AllianceBernstein Global High Income Fund has a one year low of $9.85 and a one year high of $11.43. The company has a 50-day moving average of $10.31 and a two-hundred day moving average of $10.59.

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.

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