Home Hedge Funds AllianceBernstein Global High Income Fund (NYSE:AWF) Declares Monthly Dividend of $0.07

AllianceBernstein Global High Income Fund (NYSE:AWF) Declares Monthly Dividend of $0.07

24
0
AllianceBernstein Global High Income Fund logo

AllianceBernstein Global High Income Fund (NYSE:AWFGet Rating) declared a monthly dividend on Thursday, September 29th, Wall Street Journal reports. Stockholders of record on Friday, October 7th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, October 21st. This represents a $0.79 dividend on an annualized basis and a dividend yield of 8.77%. The ex-dividend date of this dividend is Thursday, October 6th.

AllianceBernstein Global High Income Fund has decreased its dividend payment by an average of 2.1% per year over the last three years.

AllianceBernstein Global High Income Fund Stock Performance

Shares of AWF stock traded down $0.22 during trading on Thursday, hitting $8.96. 170,984 shares of the company were exchanged, compared to its average volume of 210,126. The business’s 50-day simple moving average is $10.07 and its 200 day simple moving average is $10.15. AllianceBernstein Global High Income Fund has a twelve month low of $8.93 and a twelve month high of $12.63.

Hedge Funds Weigh In On AllianceBernstein Global High Income Fund

Hedge funds have recently modified their holdings of the stock. Northern Trust Corp purchased a new position in AllianceBernstein Global High Income Fund in the second quarter valued at about $100,000. Quantedge Capital Pte Ltd bought a new stake in shares of AllianceBernstein Global High Income Fund in the 1st quarter valued at approximately $114,000. HighTower Advisors LLC grew its stake in shares of AllianceBernstein Global High Income Fund by 75.2% in the 1st quarter. HighTower Advisors LLC now owns 26,991 shares of the closed-end fund’s stock valued at $302,000 after buying an additional 11,587 shares in the last quarter. NewEdge Advisors LLC increased its holdings in AllianceBernstein Global High Income Fund by 12.3% in the second quarter. NewEdge Advisors LLC now owns 37,250 shares of the closed-end fund’s stock worth $364,000 after buying an additional 4,084 shares during the last quarter. Finally, Atria Wealth Solutions Inc. bought a new position in AllianceBernstein Global High Income Fund during the first quarter valued at approximately $605,000. 26.98% of the stock is owned by institutional investors and hedge funds.

About AllianceBernstein Global High Income Fund

(Get Rating)

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 Articles

Dividend History for AllianceBernstein Global High Income Fund (NYSE:AWF)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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 “N/A” rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Source link

Previous articleThis Is Where Climate Tech Meets Global Venture Capital
Next articleThe 6 wildest GameStop short squeeze revelations from Netflix’s “Eat the Rich” documentary

LEAVE A REPLY

Please enter your comment!
Please enter your name here