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

AllianceBernstein Global High Income Fund (NYSE:AWF) declared a monthly dividend on Tuesday, January 28th,Wall Street Journal reports. Investors of record on Thursday, February 6th will be paid a dividend of 0.0655 per share by the closed-end fund on Friday, February 21st. This represents a $0.79 dividend on an annualized basis and a yield of 7.25%. The ex-dividend date is Thursday, February 6th. This is a boost from AllianceBernstein Global High Income Fund’s previous monthly dividend of $0.02.

AllianceBernstein Global High Income Fund Trading Down 0.4 %

Shares of AllianceBernstein Global High Income Fund stock traded down $0.05 during trading on Tuesday, hitting $10.84. 156,045 shares of the company’s stock traded hands, compared to its average volume of 224,526. AllianceBernstein Global High Income Fund has a 1 year low of $9.97 and a 1 year high of $11.36. The business has a 50-day simple moving average of $10.79 and a 200-day simple moving average of $10.88.

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.