AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $10.86 and traded as low as $10.63. AllianceBernstein Global High Income Fund shares last traded at $10.73, with a volume of 365,189 shares changing hands.
AllianceBernstein Global High Income Fund Price Performance
The company's fifty day moving average is $10.84 and its two-hundred day moving average is $10.86.
AllianceBernstein Global High Income Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, January 2nd will be paid a dividend of $0.0156 per share. This represents a $0.19 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Thursday, January 2nd.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC acquired a new stake in AllianceBernstein Global High Income Fund during the 3rd quarter worth approximately $10,570,000. Raymond James & Associates raised its stake in shares of AllianceBernstein Global High Income Fund by 76.5% in the second quarter. Raymond James & Associates now owns 189,523 shares of the closed-end fund's stock valued at $1,986,000 after acquiring an additional 82,139 shares in the last quarter. World Investment Advisors LLC purchased a new position in AllianceBernstein Global High Income Fund in the third quarter valued at $643,000. Wealthgarden F.S. LLC acquired a new position in AllianceBernstein Global High Income Fund during the 2nd quarter worth $350,000. Finally, Shaker Financial Services LLC increased its holdings in AllianceBernstein Global High Income Fund by 54.5% during the 2nd quarter. Shaker Financial Services LLC now owns 62,400 shares of the closed-end fund's stock worth $654,000 after purchasing an additional 22,014 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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