AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report)'s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $10.52 and traded as high as $10.62. AllianceBernstein Global High Income Fund shares last traded at $10.59, with a volume of 154,801 shares trading hands.
AllianceBernstein Global High Income Fund Trading Up 0.7 %
The company's 50 day simple moving average is $10.48 and its 200-day simple moving average is $10.73.
AllianceBernstein Global High Income Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, May 16th. Investors of record on Thursday, May 1st will be given a dividend of $0.0655 per share. The ex-dividend date is Thursday, May 1st. This represents a $0.79 dividend on an annualized basis and a yield of 7.38%.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Dynamic Advisor Solutions LLC purchased a new stake in AllianceBernstein Global High Income Fund in the fourth quarter valued at approximately $107,000. Park Avenue Securities LLC acquired a new position in shares of AllianceBernstein Global High Income Fund in the 4th quarter valued at about $116,000. Elm3 Financial Group LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund during the 4th quarter worth about $127,000. US Bancorp DE increased its position in AllianceBernstein Global High Income Fund by 12.6% during the 4th quarter. US Bancorp DE now owns 12,527 shares of the closed-end fund's stock worth $134,000 after purchasing an additional 1,400 shares in the last quarter. Finally, King Wealth Management Group purchased a new position in AllianceBernstein Global High Income Fund in the fourth quarter valued at approximately $161,000.
AllianceBernstein Global High Income Fund Company Profile
(
Get Free Report)
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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