AllianceBernstein Global High Income Fund, Inc. $AWF Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lifted its position in shares of AllianceBernstein Global High Income Fund, Inc. (NYSE:AWF) by 6,487.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,201,054 shares of the closed-end fund’s stock after purchasing an additional 1,182,821 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in AllianceBernstein Global High Income Fund were worth $12,839,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in AWF. CWM LLC grew its stake in shares of AllianceBernstein Global High Income Fund by 64.3% during the 4th quarter. CWM LLC now owns 4,429 shares of the closed-end fund’s stock worth $47,000 after purchasing an additional 1,733 shares during the period. Advisory Services Network LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund during the 3rd quarter worth approximately $47,000. Strategic Advocates LLC acquired a new stake in shares of AllianceBernstein Global High Income Fund during the 3rd quarter worth approximately $59,000. MAI Capital Management lifted its position in shares of AllianceBernstein Global High Income Fund by 370.0% during the 3rd quarter. MAI Capital Management now owns 7,567 shares of the closed-end fund’s stock valued at $85,000 after buying an additional 5,957 shares in the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new stake in AllianceBernstein Global High Income Fund in the 3rd quarter valued at $113,000.

AllianceBernstein Global High Income Fund Price Performance

AllianceBernstein Global High Income Fund stock opened at $10.25 on Friday. The company’s fifty day moving average price is $10.24 and its 200 day moving average price is $10.51. AllianceBernstein Global High Income Fund, Inc. has a 1 year low of $9.85 and a 1 year high of $11.43.

AllianceBernstein Global High Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, May 15th. Investors of record on Thursday, May 7th were paid a $0.0655 dividend. The ex-dividend date of this dividend was Thursday, May 7th. This represents a c) dividend on an annualized basis and a yield of 7.7%.

AllianceBernstein Global High Income Fund Company Profile

AllianceBernstein Global High Income Fund (NYSE: AWF) is a closed-end management investment company that seeks to provide high current income, with a secondary objective of capital growth. The fund is traded on the New York Stock Exchange and offers investors access to a diversified portfolio of global fixed-income securities designed to capitalize on opportunities in the high-yield credit market.

The fund primarily invests in a broad array of debt instruments, including corporate high-yield bonds, sovereign and quasi-sovereign debt, collateralized loan obligations, convertible securities, and other income-oriented instruments.