Janney Montgomery Scott LLC purchased a new stake in AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 29,582 shares of the closed-end fund's stock, valued at approximately $317,000.
Several other institutional investors also recently made changes to their positions in the stock. US Bancorp DE lifted 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 purchasing an additional 1,400 shares in the last quarter. King Wealth Management Group purchased a new stake in AllianceBernstein Global High Income Fund in the 4th quarter valued at approximately $161,000. Mariner LLC lifted 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 buying an additional 1,887 shares in the last quarter. PKS Advisory Services LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund in the fourth quarter valued at $175,000. Finally, Kaizen Financial Strategies lifted its position in shares of 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 in the last quarter.
AllianceBernstein Global High Income Fund Price Performance
NYSE:AWF traded down $0.01 on Tuesday, reaching $11.02. The stock had a trading volume of 60,445 shares, compared to its average volume of 222,275. AllianceBernstein Global High Income Fund, Inc. has a 12-month low of $9.30 and a 12-month high of $11.36. The firm's fifty day moving average is $10.81 and its two-hundred day moving average is $10.72.
AllianceBernstein Global High Income Fund Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Friday, July 18th. Stockholders of record on Thursday, July 3rd will be issued a $0.0655 dividend. The ex-dividend date is Thursday, July 3rd. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.13%.
About AllianceBernstein Global High Income Fund
(
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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