AllianceBernstein Global High Income Fund (NYSE:AWF) to Issue $0.07 Monthly Dividend

AllianceBernstein Global High Income Fund (NYSE:AWF) announced a monthly dividend on Tuesday, March 25th, Wall Street Journal reports. Shareholders of record on Thursday, April 3rd will be paid 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 of this dividend is Thursday, April 3rd.

AllianceBernstein Global High Income Fund Price Performance

Shares of AWF traded up $0.07 during trading hours on Tuesday, reaching $10.82. The company’s stock had a trading volume of 207,776 shares, compared to its average volume of 218,704. The company has a 50 day moving average of $10.86 and a two-hundred day moving average of $10.91. AllianceBernstein Global High Income Fund has a 1-year low of $9.97 and a 1-year high of $11.36.

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.