AllianceBernstein Global High Income Fund (NYSE:AWF) Shares Cross Below 200 Day Moving Average of $10.32

AllianceBernstein Global High Income Fund (NYSE:AWFGet Rating) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.32 and traded as low as $9.89. AllianceBernstein Global High Income Fund shares last traded at $9.91, with a volume of 80,509 shares changing hands.

AllianceBernstein Global High Income Fund Trading Up 0.1 %

The stock has a 50-day moving average price of $10.12 and a 200-day moving average price of $10.32.

AllianceBernstein Global High Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, September 16th. Investors of record on Friday, September 2nd will be given a $0.0655 dividend. The ex-dividend date of this dividend is Thursday, September 1st. This represents a $0.79 dividend on an annualized basis and a yield of 7.93%.

Institutional Trading of AllianceBernstein Global High Income Fund

Hedge funds have recently bought and sold shares of the company. Invesco Ltd. lifted its position in AllianceBernstein Global High Income Fund by 3.6% in the 4th quarter. Invesco Ltd. now owns 1,246,317 shares of the closed-end fund’s stock worth $15,118,000 after buying an additional 42,999 shares during the last quarter. SFI Advisors LLC bought a new stake in AllianceBernstein Global High Income Fund in the 4th quarter worth approximately $330,000. LPL Financial LLC lifted its position in AllianceBernstein Global High Income Fund by 4.5% in the 4th quarter. LPL Financial LLC now owns 621,065 shares of the closed-end fund’s stock worth $7,534,000 after buying an additional 26,674 shares during the last quarter. Kenfarb & CO. bought a new stake in AllianceBernstein Global High Income Fund in the 4th quarter worth approximately $120,000. Finally, Private Advisor Group LLC bought a new stake in AllianceBernstein Global High Income Fund in the 4th quarter worth approximately $192,000. Institutional investors own 26.98% of the company’s stock.

AllianceBernstein Global High Income Fund Company Profile

(Get Rating)

AllianceBernstein Global High Income Fund, Inc operates as a closed-end investment fund. Its objective is to seek high current income and secondarily-capital appreciation. It invests, without limit, in securities denominated in non-U.S. currencies as well as those denominated in the U.S. dollar. The company was founded on May 20, 1993 and is headquartered in New York, NY.

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