AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.47 and traded as high as $10.81. AllianceBernstein Global High Income Fund shares last traded at $10.78, with a volume of 172,046 shares traded.
AllianceBernstein Global High Income Fund Price Performance
The firm's fifty day simple moving average is $10.47 and its two-hundred day simple moving average is $10.72.
AllianceBernstein Global High Income Fund Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Friday, May 16th. Shareholders of record on Thursday, May 1st were issued a dividend of $0.0655 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $0.79 dividend on an annualized basis and a yield of 7.27%.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. US Bancorp DE boosted its holdings in shares of AllianceBernstein Global High Income Fund by 12.6% in the fourth quarter. US Bancorp DE now owns 12,527 shares of the closed-end fund's stock valued at $134,000 after acquiring an additional 1,400 shares in the last quarter. King Wealth Management Group acquired a new position in AllianceBernstein Global High Income Fund during the fourth quarter worth about $161,000. Jones Financial Companies Lllp raised its position in shares of AllianceBernstein Global High Income Fund by 73.6% in the fourth quarter. Jones Financial Companies Lllp now owns 68,463 shares of the closed-end fund's stock valued at $735,000 after buying an additional 29,035 shares during the last quarter. IFP Advisors Inc raised its position in shares of AllianceBernstein Global High Income Fund by 100.0% in the fourth quarter. IFP Advisors Inc now owns 15,220 shares of the closed-end fund's stock valued at $163,000 after buying an additional 7,610 shares during the last quarter. Finally, Atria Wealth Solutions Inc. increased its position in AllianceBernstein Global High Income Fund by 12.5% during the fourth quarter. Atria Wealth Solutions Inc. now owns 50,614 shares of the closed-end fund's stock worth $544,000 after purchasing an additional 5,613 shares during the last quarter.
About AllianceBernstein Global High Income Fund
(
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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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