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

AllianceBernstein Global High Income Fund (NYSE:AWF) announced a monthly dividend on Monday, March 24th, Wall Street Journal reports. Shareholders of record on Thursday, April 3rd will be given a dividend of 0.0655 per share by the closed-end fund on Friday, April 25th. This represents a $0.79 dividend on an annualized basis and a yield of 7.26%. The ex-dividend date is Thursday, April 3rd.

AllianceBernstein Global High Income Fund Trading Up 0.7 %

AWF traded up $0.07 on Tuesday, hitting $10.82. 207,776 shares of the company were exchanged, compared to its average volume of 218,704. The firm has a 50-day moving average price of $10.86 and a two-hundred day moving average price of $10.91. AllianceBernstein Global High Income Fund has a twelve month low of $9.97 and a twelve month high of $11.36.

About AllianceBernstein Global High Income Fund

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.