AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $10.89 and traded as low as $10.53. AllianceBernstein Global High Income Fund shares last traded at $10.56, with a volume of 206,232 shares changing hands.
AllianceBernstein Global High Income Fund Stock Up 1.6 %
The stock has a 50 day moving average of $10.78 and a two-hundred day moving average of $10.86.
AllianceBernstein Global High Income Fund Announces Dividend
The company also recently disclosed a monthly dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, April 3rd will be paid a $0.0655 dividend. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.95%. The ex-dividend date is Thursday, April 3rd.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC lifted its position in AllianceBernstein Global High Income Fund by 7.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 30,359 shares of the closed-end fund's stock worth $326,000 after acquiring an additional 2,065 shares during the last quarter. Tidal Investments LLC lifted its position 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 worth $1,177,000 after purchasing an additional 2,478 shares during the last quarter. Cetera Investment Advisers boosted its stake in AllianceBernstein Global High Income Fund by 163.4% during the 4th quarter. Cetera Investment Advisers now owns 83,645 shares of the closed-end fund's stock valued at $898,000 after purchasing an additional 51,893 shares during the period. Ameriprise Financial Inc. grew its holdings in AllianceBernstein Global High Income Fund by 6.1% in the 4th quarter. Ameriprise Financial Inc. now owns 67,344 shares of the closed-end fund's stock valued at $723,000 after buying an additional 3,866 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in AllianceBernstein Global High Income Fund by 147.9% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 28,440 shares of the closed-end fund's stock worth $305,000 after buying an additional 16,968 shares during the period.
AllianceBernstein Global High Income Fund Company Profile
(
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.
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