AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report)'s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.77 and traded as low as $10.02. AllianceBernstein Global High Income Fund shares last traded at $10.05, with a volume of 178,791 shares.
AllianceBernstein Global High Income Fund Price Performance
The company has a fifty day simple moving average of $10.57 and a 200-day simple moving average of $10.76.
AllianceBernstein Global High Income Fund Announces Dividend
The business also recently announced a monthly dividend, which will be paid on Friday, May 16th. Stockholders of record on Thursday, May 1st will be given a dividend of $0.0655 per share. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.46%. The ex-dividend date is Thursday, May 1st.
Hedge Funds Weigh In On AllianceBernstein Global High Income Fund
A number of institutional investors have recently bought and sold shares of the stock. Huntleigh Advisors Inc. acquired a new stake in shares of AllianceBernstein Global High Income Fund in the first quarter worth $13,519,000. Invesco Ltd. grew its position in AllianceBernstein Global High Income Fund by 6.3% during the fourth quarter. Invesco Ltd. now owns 863,794 shares of the closed-end fund's stock valued at $9,269,000 after purchasing an additional 50,936 shares in the last quarter. Raymond James Financial Inc. acquired a new position in AllianceBernstein Global High Income Fund in the 4th quarter valued at approximately $3,832,000. Uncommon Cents Investing LLC lifted its position in AllianceBernstein Global High Income Fund by 0.6% in the 1st quarter. Uncommon Cents Investing LLC now owns 310,775 shares of the closed-end fund's stock worth $3,335,000 after buying an additional 1,955 shares in the last quarter. Finally, Tidal Investments LLC boosted its stake in shares of AllianceBernstein Global High Income Fund by 2.3% during the 4th quarter. Tidal Investments LLC now owns 110,339 shares of the closed-end fund's stock valued at $1,177,000 after buying an additional 2,478 shares during the period.
About AllianceBernstein Global High Income Fund
(
Get 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.
Featured Stories
Before you consider AllianceBernstein Global High Income Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AllianceBernstein Global High Income Fund wasn't on the list.
While AllianceBernstein Global High Income Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
