AllianceBernstein Global High Income Fund (NYSE:AWF - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.93 and traded as low as $10.50. AllianceBernstein Global High Income Fund shares last traded at $10.54, with a volume of 275,525 shares.
AllianceBernstein Global High Income Fund Stock Performance
The stock's 50 day moving average price is $10.86 and its 200 day moving average price is $10.92.
AllianceBernstein Global High Income Fund Announces Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, March 6th will be paid a dividend of $0.0655 per share. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.40%.
Institutional Investors Weigh In On AllianceBernstein Global High Income Fund
Institutional investors and hedge funds have recently modified their holdings of the company. Atria Wealth Solutions Inc. raised its holdings in shares of AllianceBernstein Global High Income Fund by 12.5% in the 4th quarter. Atria Wealth Solutions Inc. now owns 50,614 shares of the closed-end fund's stock valued at $544,000 after purchasing an additional 5,613 shares during the period. Concurrent Investment Advisors LLC raised its holdings in shares of AllianceBernstein Global High Income Fund by 3.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 53,247 shares of the closed-end fund's stock valued at $571,000 after purchasing an additional 1,957 shares during the period. Wolverine Asset Management LLC bought a new stake in shares of AllianceBernstein Global High Income Fund in the 4th quarter valued at about $248,000. Choreo LLC raised its holdings in shares of AllianceBernstein Global High Income Fund by 9.7% in the 4th quarter. Choreo LLC now owns 18,711 shares of the closed-end fund's stock valued at $199,000 after purchasing an additional 1,655 shares during the period. Finally, Elm3 Financial Group LLC bought a new stake in shares of AllianceBernstein Global High Income Fund in the 4th quarter valued at about $127,000.
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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