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

AllianceBernstein Global High Income Fund (NYSE:AWF) declared a monthly dividend on Tuesday, August 27th, Wall Street Journal reports. Investors of record on Thursday, September 5th will be given a dividend of 0.0655 per share by the closed-end fund on Friday, September 20th. This represents a $0.79 annualized dividend and a dividend yield of 7.07%. The ex-dividend date of this dividend is Thursday, September 5th.

AllianceBernstein Global High Income Fund Trading Down 0.2 %

AWF traded down $0.02 on Tuesday, hitting $11.11. 162,681 shares of the company’s stock were exchanged, compared to its average volume of 203,184. AllianceBernstein Global High Income Fund has a fifty-two week low of $9.20 and a fifty-two week high of $11.17. The firm has a 50-day moving average price of $10.65 and a 200-day moving average price of $10.54.

AllianceBernstein Global High Income Fund Company 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.