Royal Bank of Canada Boosts Stock Position in AllianceBernstein Global High Income Fund, Inc. $AWF

Royal Bank of Canada grew its stake in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) by 1.0% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,072,359 shares of the closed-end fund’s stock after acquiring an additional 11,022 shares during the period. Royal Bank of Canada’s holdings in AllianceBernstein Global High Income Fund were worth $11,507,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. WPG Advisers LLC purchased a new stake in shares of AllianceBernstein Global High Income Fund during the first quarter worth $25,000. Integris Wealth Management LLC increased its holdings in shares of AllianceBernstein Global High Income Fund by 25.0% in the first quarter. Integris Wealth Management LLC now owns 15,000 shares of the closed-end fund’s stock worth $161,000 after purchasing an additional 3,000 shares during the period. Calamos Advisors LLC bought a new position in shares of AllianceBernstein Global High Income Fund in the first quarter worth $180,000. King Wealth Management Group increased its holdings in shares of AllianceBernstein Global High Income Fund by 26.7% in the first quarter. King Wealth Management Group now owns 19,000 shares of the closed-end fund’s stock worth $204,000 after purchasing an additional 4,000 shares during the period. Finally, Kaizen Financial Strategies increased its holdings in shares of AllianceBernstein Global High Income Fund by 65.6% in the first quarter. Kaizen Financial Strategies now owns 22,926 shares of the closed-end fund’s stock worth $246,000 after purchasing an additional 9,084 shares during the period.

AllianceBernstein Global High Income Fund Stock Down 0.5%

AllianceBernstein Global High Income Fund stock opened at $11.21 on Friday. AllianceBernstein Global High Income Fund, Inc. has a fifty-two week low of $9.30 and a fifty-two week high of $11.36. The firm’s fifty day moving average price is $11.15 and its 200-day moving average price is $10.83.

AllianceBernstein Global High Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, September 19th. Stockholders of record on Thursday, September 4th will be issued a $0.0655 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a c) annualized dividend and a dividend yield of 7.0%.

AllianceBernstein Global High Income Fund Profile

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.