Shares of AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) saw an uptick in trading volume on Wednesday . 88,343 shares changed hands during mid-day trading, a decline of 48% from the previous session's volume of 169,657 shares.The stock last traded at $10.63 and had previously closed at $10.67.
AllianceBernstein Global High Income Fund Trading Up 0.5 %
The stock has a 50-day moving average of $10.83 and a 200 day moving average of $10.86.
AllianceBernstein Global High Income Fund Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Friday, January 17th. Stockholders of record on Thursday, January 2nd will be given a dividend of $0.0156 per share. This represents a $0.19 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Thursday, January 2nd.
Hedge Funds Weigh In On AllianceBernstein Global High Income Fund
A number of hedge funds and other institutional investors have recently made changes to their positions in AWF. Tidal Investments LLC raised its position in AllianceBernstein Global High Income Fund by 7.4% in the third quarter. Tidal Investments LLC now owns 107,861 shares of the closed-end fund's stock worth $1,223,000 after acquiring an additional 7,434 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund during the 3rd quarter worth approximately $10,570,000. Quad Cities Investment Group LLC raised its holdings in shares of AllianceBernstein Global High Income Fund by 3.7% in the 3rd quarter. Quad Cities Investment Group LLC now owns 92,155 shares of the closed-end fund's stock worth $1,045,000 after purchasing an additional 3,278 shares during the period. World Investment Advisors LLC purchased a new position in AllianceBernstein Global High Income Fund in the third quarter valued at approximately $643,000. Finally, Concurrent Investment Advisors LLC grew its holdings in AllianceBernstein Global High Income Fund by 20.7% during the third quarter. Concurrent Investment Advisors LLC now owns 51,290 shares of the closed-end fund's stock valued at $582,000 after purchasing an additional 8,793 shares during the period.
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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