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

AllianceBernstein Global High Income Fund (NYSE:AWF) announced a monthly dividend on Monday, November 25th,Wall Street Journal reports. Investors of record on Thursday, December 5th will be given a dividend of 0.0655 per share by the closed-end fund on Friday, December 20th. This represents a $0.79 dividend on an annualized basis and a dividend yield of 7.21%. The ex-dividend date is Thursday, December 5th.

AllianceBernstein Global High Income Fund Price Performance

Shares of NYSE AWF opened at $10.90 on Wednesday. The stock has a fifty day simple moving average of $11.02 and a two-hundred day simple moving average of $10.83. AllianceBernstein Global High Income Fund has a 1-year low of $9.72 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.