Shares of AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.77 and traded as low as $10.02. AllianceBernstein Global High Income Fund shares last traded at $10.05, with a volume of 178,791 shares traded.
AllianceBernstein Global High Income Fund Stock Up 0.5 %
The stock's 50-day moving average price is $10.57 and its 200 day moving average price is $10.75.
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 issued 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 7.46%.
Hedge Funds Weigh In On AllianceBernstein Global High Income Fund
Institutional investors have recently added to or reduced their stakes in the company. Dynamic Advisor Solutions LLC acquired a new position in AllianceBernstein Global High Income Fund during the fourth quarter worth $107,000. Park Avenue Securities LLC acquired a new position in AllianceBernstein Global High Income Fund during the fourth quarter worth $116,000. Elm3 Financial Group LLC acquired a new position in AllianceBernstein Global High Income Fund during the fourth quarter worth $127,000. US Bancorp DE increased its holdings in AllianceBernstein Global High Income Fund by 12.6% during the fourth quarter. US Bancorp DE now owns 12,527 shares of the closed-end fund's stock worth $134,000 after buying an additional 1,400 shares during the last quarter. Finally, King Wealth Management Group acquired a new position in AllianceBernstein Global High Income Fund during the fourth quarter worth $161,000.
AllianceBernstein Global High Income Fund Company Profile
(
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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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