Landscape Capital Management L.L.C. Raises Position in AllianceBernstein Global High Income Fund, Inc. $AWF

Key Points

• Landscape Capital Management L.L.C. increased its stake in the AllianceBernstein Global High Income Fund by 292.9% in the first quarter, now holding 86,780 shares valued at approximately $931,000.
• The fund recently announced a monthly dividend of $0.0655 per share, with an ex-dividend date set for Thursday, September 4th, reflecting an annualized yield of 7.0%.
• AllianceBernstein Global High Income Fund's stock prices have ranged between $9.30 and $11.36 over the past year, currently trading at $11.29.

Landscape Capital Management L.L.C. lifted its holdings in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Free Report) by 292.9% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 86,780 shares of the closed-end fund's stock after buying an additional 64,695 shares during the period. Landscape Capital Management L.L.C. owned approximately 0.10% of AllianceBernstein Global High Income Fund worth $931,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Integris Wealth Management LLC raised its holdings in shares of AllianceBernstein Global High Income Fund by 25.0% in the 1st quarter. Integris Wealth Management LLC now owns 15,000 shares of the closed-end fund's stock worth $161,000 after purchasing an additional 3,000 shares during the period. Mariner LLC increased its holdings in shares of AllianceBernstein Global High Income Fund by 14.1% in the fourth quarter. Mariner LLC now owns 15,314 shares of the closed-end fund's stock worth $164,000 after purchasing an additional 1,887 shares during the period. Calamos Advisors LLC bought a new position in AllianceBernstein Global High Income Fund in the first quarter valued at $180,000. King Wealth Management Group increased its stake in AllianceBernstein Global High Income Fund by 26.7% in the first quarter. King Wealth Management Group now owns 19,000 shares of the closed-end fund's stock valued at $204,000 after acquiring an additional 4,000 shares during the last quarter. Finally, Kaizen Financial Strategies increased its stake in AllianceBernstein Global High Income Fund by 65.6% in the first quarter. Kaizen Financial Strategies now owns 22,926 shares of the closed-end fund's stock valued at $246,000 after acquiring an additional 9,084 shares during the last quarter.

AllianceBernstein Global High Income Fund Stock Performance

NYSE AWF traded up $0.03 during trading on Wednesday, hitting $11.30. 133,568 shares of the company's stock traded hands, compared to its average volume of 207,856. The stock has a fifty day moving average of $11.12 and a two-hundred day moving average of $10.82. AllianceBernstein Global High Income Fund, Inc. has a 12-month low of $9.30 and a 12-month high of $11.36.

AllianceBernstein Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 19th. Stockholders of record on Thursday, September 4th will be issued a dividend of $0.0655 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date is Thursday, September 4th.

AllianceBernstein Global High Income Fund 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.