Invesco Ltd. increased its position in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Free Report) by 22.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,058,145 shares of the closed-end fund's stock after acquiring an additional 194,351 shares during the quarter. Invesco Ltd. owned about 1.23% of AllianceBernstein Global High Income Fund worth $11,354,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Integris Wealth Management LLC boosted its stake in AllianceBernstein Global High Income Fund by 25.0% during the 1st quarter. Integris Wealth Management LLC now owns 15,000 shares of the closed-end fund's stock worth $161,000 after acquiring an additional 3,000 shares during the last quarter. Mariner LLC raised its stake in AllianceBernstein Global High Income Fund by 14.1% in the 4th quarter. Mariner LLC now owns 15,314 shares of the closed-end fund's stock valued at $164,000 after acquiring an additional 1,887 shares during the period. Calamos Advisors LLC bought a new stake in AllianceBernstein Global High Income Fund in the 1st quarter valued at $180,000. King Wealth Management Group raised its stake in AllianceBernstein Global High Income Fund by 26.7% in the 1st 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 period. Finally, Kaizen Financial Strategies raised its stake in AllianceBernstein Global High Income Fund by 65.6% in the 1st 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 period.
AllianceBernstein Global High Income Fund Stock Performance
NYSE AWF traded down $0.01 on Friday, reaching $11.29. The stock had a trading volume of 167,808 shares, compared to its average volume of 222,118. The firm has a fifty day moving average of $11.10 and a two-hundred day moving average of $10.81. AllianceBernstein Global High Income Fund, Inc. has a 1-year low of $9.30 and a 1-year high of $11.36.
AllianceBernstein Global High Income Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, September 19th. Shareholders of record on Thursday, September 4th will be issued a $0.0655 dividend. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Thursday, September 4th.
AllianceBernstein Global High Income Fund Company Profile
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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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